Multilevel Marketing vs. Affiliate Marketing: Unraveling the Key Differences
In the world of online business and entrepreneurship, two marketing strategies often take the spotlight: Multilevel Marketing (MLM) and Affiliate Marketing. While both can be lucrative, they are fundamentally different approaches to generating income. In this blog post, we will delve into the nuances that set these two marketing models apart and help you understand which one might be the right fit for your goals. Multilevel Marketing (MLM) What is MLM? Multilevel Marketing, also known as network marketing or pyramid selling, is a marketing strategy where individuals earn money not only from their direct sales but also by recruiting others into the business. These recruits then become part of the salesperson's "downline," and commissions are earned from their sales and the sales of their recruits. Key Characteristics of MLM:…