What is Network Marketing?

WHAT IS NETWORK MARKETING?

"The reason I support network marketing so much is because the word 'network' is the word that the very rich use..." by Robert Kiyosaki, author of "Rich Dad, Poor Dad"

So What is Network Marketing that so many people are talking about?

Answer:
1. It is a system of distributing goods and services.

2. It is a friends - doing - business - with - friends method of retailing.

3. It is a group of independent business owners working together for their mutual benefit.

From the dictionary:

Network means "...a large number of people, groups, company, institution etc. that have a connection with each other and work together as a system."

Marketing means "...the part of a business which is concerned with the way in which a product or service is sold. It is synonymous with the word "distribution"

So when we combine the meanings from the Dictionary, we can define Network Marketing as "a large number of people that have a connection with each other and work together as a system to distribute a product or service."

Network Marketing is also known as Network Distribution and MLM (Multi Level Marketing)