Businessman and entrepreneur Dennis Loos explains what is Network Marketing
Deccan ChronicleThe last few years have seen a massive boom in the network marketing industry and more and more people are switching to Network Marketing profiles because of it's many benefits. Dennis shares, "Network marketing is a business model where independent contractors buy into a company and earn a commission on the products they sell. Network marketing companies typically charge an initial fee to join and may also charge ongoing monthly membership fees." Talking about how network marketing works, he adds, "Network marketing companies sell products directly to consumers through relationships and referrals with independent distributors who represent the company's products and services to potential customers. Recruiting new distributors is one of the most effective ways for individuals to make money in network marketing because there is little risk involved — anyone who wants to start selling can simply sign up as an independent contractor without paying anything upfront."