Network Marketing

There are two types of business in this world.

1) Traditional Business

2) Network Marketing Business (Word of Mouth Advertising/Direct Selling Business)

To start a Traditional Business we need Capital to invest and a good experience otherwise you cannot run soundly. You would require place/shop/office, staff, furniture, equipments, telephone line, electricity and security.

While on the contrary Network Marketing is so easy to start and risk free/recession free home based business where first you have got to purchase a product for yourself so that you could use it, get the results and recommend it to your loved ones.

People say we don't know NM and we didn't do in our whole life. WRONG...

People daily do NM in the shape of giving compliments for sometimes Mobile Phones, Restaurants, Movies, Ice creams, Bakery, Shopping centers, Parks, Amusement parks, Bikes and Cars etc etc and these products are being sold on personal recommendation of friends and family instead of watching ads on TV.

By purchasing you get an online account on company's website and company gives u a plan to work on.

There are several types of Network Marketing Business Plan.

a) MLM (Multi Level Marketing)

b) Pyramid Scheme

c) Binary System

a) MLM is very complicated and as the level of your down line increases, percentage of your profit decreases with some more fringe benefits.

b) Pyramid scheme, not much aware of that but your down line should be increased in pyramid shape.

c) Binary System (I love it) because in this system company gives you a plan 1/1 or 2/2 or 3/3 means when ever you make a sale on your right side/leg or left side/leg you get paid in 1/1 plan, two sales on both sides in 2/2 plan.