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It is generally accepted that the first multi-level marketing plan was introduced in 1945 by the California
Vitamin Company (shortly afterwards to become Nutrilite). The plan allowed Nutrilite distributors with at least
25 regular customers to recruit new distributors and draw a 3 percent commission from their sales. Unlike
traditional direct selling, this was an ongoing payment whenever the customer re-ordered, allowing direct sellers
to build a sales organization that could generate a residual-like income.
Network marketing and Multi-level marketing have been described by author Dominique Xardel as being synonymous,
and as methods of direct selling. According to Xardel, direct selling and network marketing refer to the
distribution system, while the term “multi-level marketing” describes the compensation plan.Other terms that are
sometimes used to describe multi-level marketing include “word-of-mouth marketing”, “interactive distribution”,
and “relationship marketing”.
MLM Software, is an online application to do all financial activities of Multi Level Marketing business much
easier. It will helps the customers to track their own income from their user panel.
Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales
they personally generate, but also for the sales of others they recruit, creating a downline of distributors and
a hierarchy of multiple levels of compensation. terms for MLM include network marketing, pyramid selling referral
Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship
referrals and word of mouth marketing. Some people equate MLM with direct selling, although MLM is only one type
of direct selling.
MLM companies have been a frequent subject of criticism as well as the target of lawsuits. Criticism has focused
on their similarity to illegal , price-fixing of products, high initial start-up costs, emphasis on recruitment
of lower-tiered salespeople over actual sales, encouraging if not requiring salespeople to purchase and use the
companyâs products, potential exploitation of personal relationships which are used as new sales and recruiting
targets, complex and sometimes exaggerated compensation schemes, and cult-like techniques which some groups use
to enhance their membersâ enthusiasm and devotion. all MLM companies operate the same way, and MLM groups have
persistently denied that their techniques are anything but legitimate business practices..
In contrast to MLM is single-level marketing. In single-level marketing, the salesperson is rewarded for selling
the product, but not for recruiting or sponsoring other salespeople.
The ability to contact the market resources is a great benefit for anybody who is a part of the Multi Level Marketing. The perfect way towards success is to rely on the tools which can help in flourishing the business. Proper training is also needed to teach the distributers about the utilization of the features of the software. Well, it is good news that M4MLM is there to help out the distributers regarding the MLM Software usage.
Many Mlm Software Companies are running our business and provide the software but Daani Mlm Software is provide the best mlm software in all over the world. Our companies has completed 12 years in this industry. Please visit on http://daanimlm.com/MLM-SOFTWARE/MLM-SOFTWARE.HTML for more details.