What Are The Characteristics Of Network Marketing?
What Are The Characteristics Of Network Marketing?
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Amruta
Some characteristics of network marketing are:
1. Network marketing is generally done by directly selling products to people and their exists no proper distribution channel.
2. The people involved in network marketing are known as Independent Business Owners (IBO).
3. Their is hierarchy in place for distribution of the revenue earned.
4. It involves less or no advertising.
5. The salaries are not fixed. People in the pyramid earn what they or people below them sell. If their is no sale, they may not make money.
6. Everyone is responsible for their own decisions.