A review on how Network marketing:
Network marketing is a marketing strategy for the sale of products or services where the revenue of the 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 compensation scheme from whatever they sale. So simply put independent contractors buy into a company and earn a commission on the products they sell.
- People working under in network marketing are their own boss as they set their own hours, and work towards their own success.
- Working from wherever you want.
- There is this stigma attached to the networking marketing business, especially those as the salespeople in the top tier can make impressive amounts of money on commissions from the tiers below them. The people on the lower tiers will earn much less.
- Major disadvantage of this type of marketing is that majority of companies seems are fraud and it is very difficult to trust on such schemes and companies which in turn make the task of genuine companies also difficult as individuals treat every company as fraud.