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🔵 MLM basics for beginners and professionals. Complete guide: what is MLM business, how to create your MLM company and build successful business in network marketing. Practical strategies since 2004.

MLM Basics | What is MLM Business and How to Start

MLM Basics

MLM en

The cost of launching an MLM company may include various options, and their scope 
depends on:

<ul>
	<li>The type of product</li>
	<li>The geography of promotion</li>
	<li>Your additional preferences</li>
</ul>

Let&rsquo;s consider an example of a product-based company where you have chosen a product and are ordering it from a manufacturer: product purchase, rental of warehouse and office space, employee salaries, legal company registration, creation of a bonus plan, software development, and marketing promotion. These options are listed as an example &mdash; each of them may be optional if you have the resources to handle one or more aspects yourself.

What does the cost of launching an MLM company include?

The cost of developing a website for an MLM company depends on several factors:

<ul>
	<li>Product</li>
	<li>Type of marketing plan</li>
	<li>Features and design</li>
	<li>Required third-party integrations with external services</li>
</ul>

What does the cost of developing a website for an MLM company depend on?

What is included in the cost of developing a marketing plan?

The average launch time for an MLM project is 1&ndash;4 months, depending on the scope of requirements.

MVP (Minimum Viable Product) is a version of the product that includes only the core features. At the beginning, we recommend starting with an MVP version, as it helps minimize time and resources. You will get a working project, understand the market specifics, the needs of distributors, and start generating income.

Can you launch an MLM company with an MVP version of the website?

The return on investment (ROI) period for MLM projects depends on many factors, such as the business model, project scale, market entry, and promotion strategy.

&nbsp;

Typically, this period ranges from 6 months to 2 years, but it can be shorter or longer depending on the following factors:

<ul>
	<li>Amount of initial investment</li>
	<li>Sales model and product</li>
	<li>Network efficiency</li>
	<li>Market and competition</li>
	<li>Technological foundation</li>
</ul>

When will I recover my investment in the project?

The warranty support period is 6 months from the release of the main version of the website.

How long do you support the project after launch?

Yes, we can sign an NDA.

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