The concept of passive income is becoming more popular as time passes, and for good reason. The changing economy makes it difficult for most individuals to survive or live comfortably on a single source of income, which is one of…
Tag: mlm
MLM or Multi-level marketing is a kind of marketing approach in which salespeople are reimbursed not only for their own sales, but also for the sales of the salespeople they recruit. This recruited sales force is referred to as the participant’s “downline,” and it might provide a variety of pay levels. MLM may also be referred to as pyramid selling, network marketing, or referral marketing.
The salesperson is often expected to sell items directly to customers via connection recommendations and word of mouth marketing. While some individuals use the term “direct selling” interchangeably with MLM, MLM is simply one sort of direct selling, which began decades ago with peddling.
Network marketing is one of the few businesses that provides both residual and passive revenues. Both categories of income, highly desirable and more preferable than the “time for money” method of earning known as active income. So what are they…