Multi Level Marketing is also known as Network Marketing
MLM stands for Multi Level Marketing and is also known as Network Marketing. As the name suggests, MLM is a platform where several distributors can grow their network to sell a product. This is a commission based marketing strategy where a distributor is initially engaged in selling a product. Further he can recruit distributors under him and can make earnings from sales made by the recruited.
The terms “multi level” and “network” come from this concept of recruiting and training a huge group of distributors (also known as a downline) as your own sales force within this company.
Thus a person not only gets profited by the direct sales he makes, but also gets commission from the distributors he recruits creating a down line of distributors and hierarchy of multiple levels. MLM software provides perfect prospect for your Network Marketing business growth.
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We at Xtracare Business Solutions Pvt. Ltd. will give everything you need to successfully operate any MLM business at a competitive price. From start-up to growth companies, we ensure our clients that they have efficiency and accuracy in their MLM businesses.