Work at Home: What is Multi Level Marketing?

If you are working at home, or looking for new assignments while you are working at home, there are good chances that you come across ads that inform you about Multi Level Marketing, or MLM programs that offer you a chance to become a millionaire. MLM programs are quite controversial, and it is a fact that not all of them are viable or even perfect for everyone. If you have been wondering what MLM is, here is a brief lowdown:

Multi Level Marketing:

As the name suggests, multi level marketing means that multiple people market a particular product or service, thereby creating levels or chains of marketing. Every person who wishes to join a MLM member has to make some kind of financial commitment, either by buying the product or the service, or by paying a fee for the membership into the MLM club.  The person who joins the MLM program makes money when they successfully convince other people to join the MLM program, making the some financial contribution to the program. The person who convinces the person to join the program makes an amount, generally called commission even if the person successfully convinces someone else to join the program. 

That sounds easy enough, I can do it:

Well multi level marketing has made some people quite a bit of money, but like every other business, one needs specific talents to succeed in multi level marketing. For example, if you think convincing someone is easy, here's something that you can do to find out how good your convincing powers are:

Take a friend of your's who always has a specific drink in their mind. While you are at the bar with them, try to convince him to drink something that you have decided for him or them. Depending on how easy or difficult it is, you can get a clearer idea about how you could convince a person whom you wouldn't know from Adam or Eve to take up a kind of profession about which they do not know anything.

Well Ok, I actually am good at convincing people. I can do this:

Even if you are good at convincing people, you have to make sure that the MLM program itself is actually the real deal, and there is actually a product or service - a tangible, commercial service that one can logically charge money for - that is provided to the members of the MLM service. If you are seriously intent on taking up an MLM opportunity, here are some aspects to keep in mind: 

The Product: Many famous MLM programs offer products and services that are three times more expensive than any similar product that can be bought over the counter. Make sure you do not fall for these. 

The Maserati is not behind the door:  MLM is not simple, MLM is not easy and it takes a hell lot of resources and skills on your part to make any money out of MLM. In fact, there will be days when you may believe that you would be better off in a different job or line of business while in the MLM business. 

These are some of the aspects that you should keep in mind before you decide to go ahead with a Multi Level Marketing option.