network marketing or multi level marketing or direct marketing or private franchise is part of Franchise concept. Franchise concept constitute 85% of GLOBAL business. Franchise concept constitute of Public Franchise and Private Franchise.
Public Franchise constitute of single level marketing like Madonalds, Walmart, Big apple, Pizza Hut, NIIT, etc and in it the main owner has all the TIME MONEY and SECURITY and the person who takes a Franchise has to work traditionally and earns after paying hefty fees and royalty on each sales etc.
Private Franchise like AMWAY, HERBALIFE, MATYKAY, AVON, ORIFLAME, SUNRIDER etc has low investments and the person joins any of them and any of them who works also earns. The best private franchise is that which also has support of the teaching organization constitutng of active distributors of related MLM.
AMWAY and www.bww.com has the best combination and this combination has produced the maximum millionares in MLM industry.
2007-03-05
21:59:27
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6 answers
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asked by
Anonymous
in
Business & Finance
➔ Advertising & Marketing
➔ Search Engine Optimization