My friend is in one of MLMs and he told me that
Home based business or MLM or network marketing or Direct marketing constitute usd 150 billion global turnover and MLM/network marketing is about 70 yrs old business concept.
According to http://www.forbes.com no 1 MLM is
http://www.forbes.com/lists/2006/21/biz_06privates_Alticor_B15P.html
According to http://www.forbes.com no 2 MLM is
http://www.forbes.com/lists/2006/21/biz_06privates_Mary-Kay_9ETL.html
According to http://www.forbes.com no 3 MLM is
http://www.forbes.com/lists/2006/21/biz_06privates_Forever-Living-Products-Intl_4L21.html
Some sites are as follows
http://www.mlm.com
http://www.dsa.com
http://wfdsa.org
http://www.indiandsa.com
http://www.bww.com
http://www.brittindia.com
http://winnersinternational.org
your comments please
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Network marketing is a business scheme whereby you “recruit” users or sellers of the product and subsequently take a % of profit from the product’s sales. Similarly, the person you recruit also can recruit more person under him or her and gain the same benefit. Commission schemes of different MLM (multi level marketing) company differ but their general principal are the same
Normally these business work by way of mouth rather than advertising, which is why you have no idea they exist. Amway by far is the largest and the most established network followed by many other. Some people do consider these business as pyramid scheme but in essence these company “convert” advertising dollar to revenue for consumers who participate in their scheme