MLM: The Lingo of Network Marketing: Terms You Should Know. Part 3
An Introduction to Network Marketing
By Jeffrey A. Babener
Excerpted from Network Marketing: What You Should Know, Jeffrey Babener, Legaline Publications
MLM consultant practice tips. An experienced MLM Legal Expert and MLM Law Advisor may become the most important part of an MLM Corporate team. This person has experienced almost every MLM Business and Legal Issue and will likely provide experienced MLM Insight and guidance on MLM Business and MLM Law Related issues. MLM Legal and MLMLegal.com and Babener and Associates provides expert MLM Consultant and MLM Consulting advise on MLM corporate, MLM software, MLM Compensation, MLM Taxes, etc. MLM Consulting is an important component for MLM startup.
Green River/Licensing - This legislation is generally local in origin. The legislation places restrictions on door-to-door soliciting, or may require specific licensing of direct selling distributors. Companies must pay close attention to see that their independent distributors are not "licensed" out of business.
Group Volume - The personal sales volume of a distributor in combination with the sales volumes of distributors in all or part of his or her downline, as defined by a company's compensation plan.
Heavy Hitter - A distributor who is very successful at producing large-volume sales and who has a large following among other distributors.
High Ticket - Items sold by network marketing companies that sell for hundreds of dollars, such as water filtration systems or electronic products, as opposed to low-ticket items such as vitamins or cosmetics.
Leg - An organizational line of sequentially sponsored distributors starting from one initial sponsoring distributor.
MLM Consultant Practice tips. Proper MLM Capitalization is essential to the MLM Startup and MLM corporate business. The need for capital is in inverse proportion to the ability of the MLM to recruit distributors. MLM Legal and MLMLegal.com and Babener and Associates provides expert MLM Consultant and MLM Consulting advise on MLM corporate, MLM software, MLM Compensation, MLM Taxes, etc. MLM Consulting is an important component for MLM startup. Careful Choice of MLM Software is another component of MLM Corporate. An MLM Consultant and MLM Law and MLM Legal is part of the MLM Startup Team. MLM Compensation must be reviewed by an MLM Consulting standpoint by a MLM Consultant and MLM Legal and MLM Law professional and programmed by a MLM Software and MLM Technology provider.