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WELCOME TO OUR PRESENTATION!!! GROUP TOPIC: MULTI – LEVELBUSINESS OVERVIEW Formation Advantages and disadvantages The compensation model Products FORMATION Multi-level business • is a general term used to indicate a method of marketing products • is direct sales to the hands of consumers • they can buy in directly to the company without going through the dealer or shop odd Forming and Development U.S Renborg Karl (1887-1973) He was the first application of network marketing ideas to life, creating an economic system, a business that is considered most promising in the 21st century U.S Renborg Karl In 1934, he founded the company Vitamins California and through new distribution methods, as consumers also become a product distributor, his company has quickly achieved sales of $ million that does not take a fellow advertising does The unique in that by saving the cost of advertising and other intermediaries (agents, retail, warehouse ), people who participate in his system can receive higher remuneration over 30,000 large companies 2010 more than 75 million people more than $ 400 billion THE COMPENSATION MODEL Binary model only two distributors of each level Matrix model 3x6: to recruit on a level and level is limited to the last pay commission Models are floor • Unlimited distributors • Distributors receive commission from your team is the same for the same generation Breakaway ladder model • Unlimited distributors • Distributors receive commissions different individuals PRODUCTS CONDITION OF PRODUCTS GAME SHOW 20 10 LUCKY 20 5 Question 1: In Vietnam, when did MLM established? A In mid-20th century B In late 20th century C In early 21st century Question 2: Who was the first person application of network marketing? A Jay Van Andel B Rich De Vos C Renborg Karl Question 3: "More active in business" is advantage for: A.MLM organization B Consummer C Nation Question 4: MLM is such as model: A.triangular B.pyramid C star Question 5: How many types of MLM? A.2 B.3 C.4 Question 6: Which disadvantage isn't disadvatage of MLM? A Difficult to control prices of goods B Difficult to earn extra income C Difficult to control the authenticity of advertising THANKS FOR YOUR LISTENING ...GROUP TOPIC: MULTI – LEVEL BUSINESS OVERVIEW Formation Advantages and disadvantages The compensation model Products FORMATION Multi- level business • is a general term used... the market Vietnam By the end of the year 2004, in Vietnam there are 20 multi- level sales company On 31/3/2010, multi- level sales Association of Vietnam (Vietnam MLMA) officially launched in... billion 2799 profit, increased times compared with 614 billion the previous years Pyramid Multi – level business Advantages And Disadvantages ADVANTAGES For MLM organization ADVANTAGES For the