Network marketing, also known as multi-level marketing (MLM), is a business model that involves individuals selling products or services to their network of contacts and earning commissions on sales made by their recruits. It has gained popularity as a way to earn extra income or build a full-time business.
One of the main benefits of network marketing is the potential for passive income. When you recruit new members to your network, you earn commissions on their sales, even if you’re not directly involved in those sales. This can create a steady stream of income that can continue to grow over time.