Want to get your podcast sponsored and make more $ from it?
[even if it’s new or has low downloads!] Check out my free course!

Follow Lilach

How do you make money with MLM?

If you’ve been gallivanting through the vast savannah of business opportunities, you’ve likely crossed paths with MLM. Multi-Level Marketing, that is. But the million-dollar (or at least, we hope!) question remains: How does one actually make money with it? Put on your expedition hat, and let’s uncover this mystery together.

MLM: A Quick Pitstop Refresher

Before we dive into the cash-making mechanics, let’s brush up a tad. MLM stands for Multi-Level Marketing. It’s a heady cocktail of direct selling to customers combined with the chance to recruit others into the selling fold. Your earnings? They come from what you sell and a slice of what your recruits sell. It’s teamwork with a dash of personal enterprise!

Earning Paths in MLM: Where’s the Cash At?

Direct Sales

At its core, MLM is about selling. Whether it’s tantalising beauty products, must-have kitchen gadgets, or the elixir of health supplements, you earn a profit from selling these products. Buy at a discount, sell at retail price – the difference? That’s your hard-earned profit.

Recruitment Bonuses

Here’s where the ‘multi-level’ bit shines. When you introduce a friend, family member, or that friendly barista to the MLM business, and they sign up, some companies offer a bonus. A thank-you gesture for expanding the family.

Commission from Recruits

Now, every time your recruit sells a product, you get a small commission. It’s like being a mentor who gets a thank-you card in the form of cash every time their protégé scores a goal.

Climbing the Ranks

As you sell and recruit, you’ll find yourself moving up the MLM hierarchy. Each rank comes with its perks – higher commissions, bonuses, and sometimes even non-cash rewards like vacations or cars.

Tips for Maximizing Your MLM Earnings

Believe in Your Product

The most successful MLM marketers genuinely love and use the products they promote. When you believe in what you’re selling, that enthusiasm is contagious.

Train & Mentor Your Team

The more successful your recruits are, the better for your pocket. Offer training, share selling tips, and be there to guide them.

Stay Updated

Most MLM companies regularly launch new products or offers. Keep yourself informed to leverage these in your sales pitches.

Harness Social Media

In this digital age, platforms like Facebook, Instagram, and YouTube can be goldmines for MLM marketing. Webinars, live demos, and product reviews? They’re your new best friends.

The Golden Rule

Transparency and Integrity

While the allure of cash is powerful, remember always to maintain transparency and integrity. Misleading potential recruits or making unrealistic promises? That’s a no-go. An honest approach might take longer, but it’ll build a lasting business.

Wrap It Up

To sum it all up, making money in MLM is a mix of direct sales, team-building, and leveraging the company’s reward structure. It’s not a get-rich-quick scheme, but with persistence, passion, and a sprinkle of strategy, the MLM world can indeed be rewarding.

Follow Lilach

In this post:

Listen to the podcast today!

About Lilach Bullock

Hi, I’m Lilach, a serial entrepreneur! I’ve spent the last 2 decades starting, building, running, and selling businesses in a range of niches. I’ve also used all that knowledge to help hundreds of business owners level up and scale their businesses beyond their beliefs and expectations.

I’ve written content for authority publications like Forbes, Huffington Post, Inc, Twitter, Social Media Examiner and 100’s other publications and my proudest achievement, won a Global Women Champions Award for outstanding contributions and leadership in business.

My biggest passion is sharing knowledge and actionable information with other business owners. I created this website to share my favorite tools, resources, events, tips, and tricks with entrepreneurs, solopreneurs, small business owners, and startups. Digital marketing knowledge should be accessible to all, so browse through and feel free to get in touch if you can’t find what you’re looking for!


Popular Articles:

Hope you enjoyed this blog post!

If you want our team to grow your business with digital marketing, book a call.