What is the difference between network marketing and private franchising?
I've heard of both but private franchising sounds vaguer than network marketing. Any thoughts?
Public Comments
- To understand this you'd need to understand 3 terms buddy: Network marketing: A relatively evolved mechanism of MLM involving various network structuring strategies (not just a binary or matrix model) and modular constructs for leadership development and independent business ownership. Franchising: This is where individual franchise owners partner with manufacturers/service providers to follow a duplicatible system to enhance product penetration in the marketplace. Private franchising: This combines the empowerment model of independent business owners in network marketing with the systemic cookie-cutter approach of franchising. Hope it helps.
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