Network Marketing or Multi-Level Marketing is a business model of which Young Living Essential Oils is a part. This is how it works - Instead of Young Living spending millions of dollars on advertising and marketing of their products, they utilize word–of-mouth advertising. Those of us building a business simply share the products with other people. If they choose to try the products for themselves, they get their own account, purchase products, and the products are delivered directly to them. A percentage of the sale is received as payment. Each time the customer orders in the future, a percentage of the sales are received by the business owner as commission.
I personally have thousands of people ordering from Young Living from which I make a commission. Once their account is set up, I do not need to be a part of the ordering process again unless help is required. Customer service and satisfaction are of utmost importance. There are also other business owners/leaders in my group, so many of the thousands I do not know personally, but I still receive a commission of sales generated. Network Marketing has a fantastic business model - low startup costs; low overhead; home based international business with flexible hours that can be run from anywhere in the world, and finally, financial freedom, and leverage!
Leverage is used in businesses everyday like real estate where the agents sell property and the broker receives a percentage of the commission. In Network Marketing, using the power of leverage, if you decide to take off or need to take off for a period of time, the other business owners/leaders in your group are still working so you still receive commissions at the end of the month.
This was a blessing to our family when my youngest nephew was born and he was in the hospital for a month. My sister was with him every day, all day. No one worked in their house for at least one month, but the commission check still came as a result of the previous and continuous efforts of the other business owners introducing these amazing products to people. The mortgage and other bills were paid without worry. This is the power of the network and the blessing of leverage and residual income. "If you understood residual income, you would walk through a brick wall to get it!" -Art Jonak. (https://about.me/artjonak