Multi-level marketing and pyramid schemes are two money-making avenues, one renowned and the other fraudulent. A well-known financial counselor named Robert Kiyosaki recently suggested to his audience that they consider adopting multi-level marketing, often known as MLM, as a means to earn money. Multi-level marketing has garnered a reputation throughout the years. The term “network …
There was a connection between the word pyramid and history and tourism. It is unfortunate that in the last century, it has come to be associated with fraudulent activities and schemes. It has nothing to do with its strength and design. The pyramid scheme is comparable to an artificially constructed hierarchy in which each subsequent …
Multilevel marketing (MLM), or network marketing, which is built on the capability of human beings, has evolved from trade by barter in early times to intelligent transactions. Multilevel marketing saw a person as an asset, not just a buyer. Instead of pushing a few sales representatives to increase sales, customers were encouraged to sell products …
Kenichi Ohmae, a Japanese organizational theorist, is credited with creating the 3Cs of the Marketing model in 1982. The model places primary emphasis on the three fundamental components that constitute the marketing strategy of any firm. This ensures that a company attracts customers before its competitors. When an organization has completed this analysis, it can …