MLM Glossary – F

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Financial Freedom:

Refers to the financial state where an entrepreneur is debt-free and able to enjoy unlimited earnings. In network marketing, this is typically achieved when a member has established an MLM business and sustained more than enough active downline/recruits. In network marketing, earnings may come from commission, bonuses and residual income. Financial freedom can be earned through innovative marketing techniques, high sales volume of product/services, appropriate compensation plans, and maintaining a dynamic team and downline.

Follow-Up:

Follow-up refers to the process in which a distributor contacts a prospect after the initial meeting or presentation in order to continue interest in the company. The goal of a follow-up is to address any questions or concerns a prospect may have, to re-inform them on the company’s products or services, and to convert prospects into consumers.

Front-Line:

Front-line refers to the members in your downline that are personally enrolled by you. Usually you will benefit the most percentage residually from your front-line members. MLM companies generally build their compensation plans to reward you most for obtaining front-line members. In general, front-line members are like any other members of your downline, but closer to you (directly below you) in your genealogy tree.

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