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Stock impact report

Why, And How, Brands Are Swapping MLM For Affiliate Marketing [Forbes]

The Beachbody Company, Inc. - Class A (BODI) 
Company Research Source: Forbes
The multi-level marketing (MLM) industry has been part of American commercial life for at least 100 years. with an estimated 6,000 participating brands. The basic model—in which independent distributors earn income from direct sales and sales generated by their recruited downline seller teams—has remained constant. For direct seller “distributors,” MLM promised high potential income and the opportunity to be your own boss. PROMOTED MLM companies have been successful for decades, but, recently, many have struggled to drive sales and profit growth. In response, companies that historically relied on MLM sales models have been making changes to modernize their businesses, accelerate growth and increase profitability. This includes embracing affiliate marketing, either as a complement to their existing model or a complete replacement. (part of Beachbody) recently . Other major MLM-focused businesses such as 4Life, BELLAME, Herbal Alchemy, Pure Romance and SimplyFun have either add Show less Read more
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