If you're here it's probably because you don't know that What is Network Marketing and How Does it Work? but, luckily for you, we are here UniversityBoxAgency to clarify any doubts about it. In fact, it is likely that you already know this sales strategy, you have simply never called it by this marketer name.
What is Network Marketing?
This is a strategy that involves the direct sale of products to final consumers, who however are not limited to remaining simple consumers but are invited to become salesmen themselves of the product, with the promise of receiving compensation for each new customer and for each recruited salesperson.
Precisely for this reason the Network Marketing it is also called MLM, Multi-Level Marketing, for its peculiarity of involving consumers who will become resellers to multiply as much as possible.
Warning
Before continuing to explain to you how it works specifically, Network Marketing It is necessary to make a premise. Unfortunately, this is a business with many controversies and much debated within the sector. In fact, often it's not a sustainable business model and indeed it is often used by malicious people whose sole intention is to defraud both consumers and retailers, given that the objective is precisely to transform them.
Therefore we recommend you to be very careful when you are offered such employment contracts: carefully evaluate every detail and then decide if it is really worth it.
What is Networking Marketing?
As anticipated, do Network Marketing consists of selling a product to a consumer and encouraging him, by promising him a large reward, to become a reseller of the product himself which however must have the same objective of encouraging other consumers to become resellers, thus expanding the network exponentially.
This type of scheme is called Chain Letter and it is very (perhaps too) close to the famous pyramid schemes that have long been declared illegal. Precisely for this reason we invite you to carefully evaluate whether the proposal you receive actually complies with the laws, so as not to have unpleasant surprises in the future.
That said, if you are a business and are looking for alternative ways to get your product or service known We strongly advise against this strategy. What we recommend, especially if your target is the Generation Z, is to consult us at UniversityBoxAgency, experts in communication towards students and young people for years.