bn:00163861n
Noun Concept
Categories: Articles with short description, Multi-level marketing, Types of marketing, Direct marketing, Direct selling
EN
multi-level marketing  Multi Level Marketing  Compensated community  Direct selling company  downline
EN
Multi-level marketing, also called network marketing or pyramid selling, is a controversial marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system. Wikipedia
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EN
Multi-level marketing, also called network marketing or pyramid selling, is a controversial marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system. Wikipedia
Marketing strategy in which the sales force is compensated not only for sales they generate, but also for the sales of the other salespeople that they recruit Wikidata
A sales system under which the salesperson receives a commission on his or her own sales and a smaller commission on the sales from each person he or she convinces to become a salesperson. Wiktionary