This post is titled MLM Marketing For Nubees for those who have no idea what an MLM business is. MLM stands for Mulit Level Marketing. This is a very effective way to build a big, money generating machine.
The way it works is first you join a company that supports multi level marketing. You sell the products the company offers but the real money is made in bringing more people into the company. When you bring someone else into the company you receive a percentage of any money those people make for the company. The more people you bring in the more money you make.
For example, let’s say the average person in the company gets a commission of $5000 a month. You will receive a portion of the commission that the people you brought into the business make. So if you recieve 10% of the commission of the people below you that means you get $500 for each person.
That means if you bring 10 people into the business you will receive 10 * $500 or $5000. Plus you receive your $5000 commission which is a total of $10,000 a month. That’s not bad for a part time business.
The people you bring into the business are known as you downline. They are your first level downline. Why is there a first level? Because you also receive a percentage of the commissions of the people your first level downline bring into the market. Maybe you get 2% of your second downline.
So if you bring in 10 people and they each bring in 10 people that is now 100 people in your second level. If they each make the average $5000 then you will receive $100 from each of them. This is a total of 100 second level people * $100 or $10,000. As you can see we start really making some money.
The whole key to a successful MLM business is to generate leads. This means finding people who might be interested in your business, and then converting them as members of your team. There are a lot of ways to generate leads and we will be talking about them here. If you can become viewed as an expert in your field then it will be easier to convert the leads you find. A great way to build a reputation is by writing articles for online and offline distribution. Find out how at Article Marketing Secrets. They can get you started on the right track.
That ends this post about MLM marketing for nubees. Stick around and learn how to make money with MLM.
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