Network Marketing

The reimbursement plan in network marketing is quite similar to Affiliate marketing. However, the main difference is in the number of levels through which compensations can be achieved. The supporting company can pay the network marketer up to several or even limitless levels. However, the unique agreement will outline the limits in the supreme amount of payment as well as the supreme number of levels the payout can reach. Frequently individual arrangements and contracts will differ from one network marketing program to another. This makes judgment quite difficult. The network marketer earns a direct referral fee which is a result of his reference of a friend or contact. He may also avail a leverage fee which is due to his "downlines" referring their friends and associates into the network layers.

Network marketing is also usually known as multi-level marketing (MLM), affiliate marketing, and tiered marketing. Once you've chosen a network marketing program, you'll need to promote it. 

Multi-level marketing also called network marketing, direct selling, referral marketing and pyramid selling is a term that describes a marketing structure used by some companies as part of their overall marketing plans.