Multi-Level Marketing Scheme Variations
Network marketing has captured the attention of millions of individuals all around the globe. Amway, Tupperware, Avon, Nu Skin, Herbal Life, and Oriflamme, for example, have become household brands worldwide and established themselves as premium goods as a result of the MLM sales and distribution approach that these companies have used. MLM or Network marketing is a novel concept that involves sales and distribution of products through distributors who buy products for self-use and focus on recruiting and building a network of distributors under them so that sales happen automatically when each of the distributors buys products for self-use and furthers the recruitment and building of a network under them. This selling and distribution method is also known as Pyramid Selling. Though the idea has been extremely successful, and success stories of individuals who have earned millions via their MLM network have been widely publicized, there have been many critiques, skepticism, and unfair ...