In order to understand multilevel marketing and its benefits, you must first understand what multilevel marketing is. The following paragraphs will explain multilevel marketing and the advantages and disadvantages associated with it.
To help understand what multilevel marketing is, you must first understand what it isn't. Multilevel marketing is not a pyramid scheme. A pyramid scheme is where you invest money based on the promise of fast profit. Normally there is no product or service involved in pyramid schemes, just money, and there is no profit ever made by the investor. Pyramid schemes are illegal, and based solely on taking advantage of people for profit.
Multilevel marketing, on the other hand, is a legit business. Multilevel marketing is based on selling a real product or service to real people. While there are some people who make a substantial amount of money through multilevel marketing, their earnings are always a result of their hard work and dedication to selling the product or service.
It can take some time before you start seeing a profit with multilevel marketing, but there are many advantages. These advantages include:
- setting your own hours
- working from home
- income potential
With multilevel marketing, you can set your own hours. That can be a benefit for many reasons. Perhaps you attend school, or maybe you need to be home at undetermined times of the day. Multilevel marketing may work for you.
Working from home is also a great advantage that comes with multilevel marketing. By working from home, you are saving the expense of gasoline, parking, wear and tear on your vehicle, parking, and other expenses you would incur going to the office to work. Working from home is also ideal for students, home makers, retirees, and anyone who needs to be at home throughout the day.
Lastly, another advantage to multilevel marketing is the income potential. The income potential is great, as long as you have the desire and will power to earn.