“Network Marketing is a tremendous contribution to the overall prosperity of the economy”.
TONY BLAIR
“The best investment, I ever made is Multilevel Marketing”.
WARREN BUFFET
“Network Marketing gives people the opportunity, with very low risk and very low financial commitment to build their own income generating asset and acquire great wealth”.
ROBET T. KIYOSAKI
Above quotes of leading and success full personalities is enough to explain importance of this beautiful, blooming and sun rising industry. This is important for us to know about the history to current scenario of Multilevel Marketing (MLM).
HISTORY:-
The first MLM organization worldwide is
INDUSTRY
worldwide.
The credit of first MLM inINDIA India where language and weather change after
each 100 miles, MLM gives lot of smiles to the dense population of India
DEFINITION:-
“The sheer technacity to promote products/services or concept of an entrepreneur through a consumer to its circle of influence as last basin is “Multilevel Marketing/Direct Marketing/ referral marketing or Network distribution system”.
The industry allows equal opportunity to every consumer. The business is also known as ‘HELP BUSINESS’. A person, who joins this business for products, services or concept receive guidance of his line of sponsorship, to grow his business.
CURRENT SCENARIO:-
The development is always an continuous process of every sector. Therefore, this MLM industry is also passed through different ages. The industry totally depends on masses and high calculations, therefore parallel to IT & Software industry MLM also passed through different ages and phases. As well as muticalulations through super Computer become easy , we got anonymous pattern in field of MLM.
The some phases of MLM inIndia
The credit of first MLM in
DEFINITION:-
“The sheer technacity to promote products/services or concept of an entrepreneur through a consumer to its circle of influence as last basin is “Multilevel Marketing/Direct Marketing/ referral marketing or Network distribution system”.
The industry allows equal opportunity to every consumer. The business is also known as ‘HELP BUSINESS’. A person, who joins this business for products, services or concept receive guidance of his line of sponsorship, to grow his business.
CURRENT SCENARIO:-
The development is always an continuous process of every sector. Therefore, this MLM industry is also passed through different ages. The industry totally depends on masses and high calculations, therefore parallel to IT & Software industry MLM also passed through different ages and phases. As well as muticalulations through super Computer become easy , we got anonymous pattern in field of MLM.
The some phases of MLM in
|
S.No
|
Pattern
|
Year
|
Leading
companies
|
|
1.
|
UNILEVEL
|
1996
|
Modicare,Amway,Oriflame
|
|
2.
|
AUSTRALIAN BINARY
|
2001
|
Free India Concept , Altos
India etc
|
|
3.
|
AMERICAN BINARY
|
2001-2002
|
SKYBIZ, MAHAMAJA, E-BIZ
|
|
4.
|
PAIR BINARY
|
2003
|
TRUST INDIA CONCEPTS etc
|
|
5.
|
POOL INCOME OR GROWTH
|
2004
|
KANAKDHARA , AKASH GANGA etc
|
|
6.
|
BOARD PLAN
|
2008
|
SEVEN RINGS , TVI EXPRESS
|
|
7.
|
SURVEY & ADVERTISEMENT
BASE PLANS
|
2010
|
SPEAK
|
SOME MYTHS: -
1. Criteria to Select Best MLM organization.
The best MLM for any person is that, whose products/services or concept easily acceptable in circle of influence of individuals that is different person to person. If any organization of MLM has n number of achievers that is not guaranty of success for every one .
2. I do not Have Big circle
If some one follow basics of MLM, only 5-10 direct sponsoring required to achieve highest level of earnings. MLM is business of duplication not multi sponsoring.
3. I Cannot Sell Anything
MLM is only consumption and promotion base programme. No selling required, only promotion. Use yr own purchased products and promote them , if any one want to buy, help him to purchase directly from Organization.
4. Success Rate is Very Low
Although in every field, always success rate is very low. As compare to others, in field of MLM, no requirement of higher education, big money or relevant office. Only burning desire to succeed, basic knowledge can give big success.
