Thursday, 3 August 2017

What is Network Marketing?

The Network marketing is another term for Pyramid Selling.
Direct selling method in which independent agents serve as distributors of goods and service and are encouraged to build and manage their own sales force by recruiting and training other independent agents.

Network marketing is a direct-selling approach similar to home sales which is also gaining prevalence in markets worldwide Encyclopaedia of Britannica. In the model used by companies such as Amway and Shaklee, distributors are rewarded not only for their direct sales but also for the sales of those they have recruited to become distributors.

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