User:Shubhamg45/sandbox

Network Marketing (MLM), also called Direct selling, network marketing, and referral marketing, is a marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company's products/services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system.

Because Network Marketing is so duplicatable, it's the ultimate copycat system for wealth creation. It's an affordable, franchise-like concept that leaves nothing to chance. To succeed in network marketing, you don't have to possess "star" talent and you don't have to be a born genius. Unlike the entertainment industry, network marketing us NOT built around a star. It's built around ordinary people getting extra-ordinary results by copycatting a proven system, and then teaching others to do the same.

MLM salespeople are, therefore, expected to sell products directly to end-user retail consumers by means of relationship referrals and word of mouth marketing, but most importantly they are incentivized to recruit others to join the company's distribution chain as fellow salespeople so that these can become down line distributors. According to a book "Business school written by Robert T.kiyosaki Network marketing is the fastest growing business of 21st century MLM companies . Nonetheless, MLMs function because downline participants are encouraged to hold onto the belief that they can achieve large returns, while the statistical improbability of this is de-emphasised. MLMs are now  legal in many parts of the world or otherwise strictly regulated in some jurisdictions as a mere variation of the traditional pyramid scheme, including in mainland China.