MLM stands for multi-level marketing. It is also popularly known as network marketing. MLM businesses opportunities are actually a balanced combination of marketing, franchising and promoting.
In these opportunities, you need to market and sell the products that the parent company offers. Franchising is also considered to be a part of such a business opportunity since you might need to promote the product like pruvit supplement and its brand name.
Compensation is earned depending on the number of products that you are able to sell. For nearly all MLM businesses, compensation is commission-based. That means, the harder you work, the harder your chances to advertise more products, thus, attracting a larger income. You need to smartly utilize this opportunity.
MLM business opportunities have a great feature i.e. residual income. Residual earning is something that generates over time once you build a team of people under you. When any member of your team generates any sale, then you make a small residual income month after month. With time this earning can be a large sum of profit with relatively no work on your part. But this takes time and also need your effort and hard work in the beginning. So if you are looking to create a solid residual income within the next two to five years, then mlm opportunities with a residual income is a best choice for you.