multi-level marketing

(redirected from Multi Level Marketing)
Also found in: Acronyms.

multi-level marketing

a system of selling a firm's product which involves a ‘pyramid’ of sales persons. Persons sell the product to friends, acquaintances etc. but are also offered a financial inducement to recruit other people as sales persons who, in turn, recruit yet more sales persons. In this way, person A recruits person B who recruits person C and so on thus creating an expanding chain of sales persons, each receiving a commission on their own sales and additionally further commissions based on the sales of people they have recruited directly or indirectly.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
Mentioned in ?
References in periodicals archive ?
The FIA official explained that Sarwar, along with his partners, ran a Ponzi scheme called "MLM" (Multi Level Marketing), by using the website domain ofchtimez.cofor which they had opened several binary accounts for the collection of money from people, with a promise that the customers would be provided a handsome profit at the rate of 1.
FIA cyber crime Karachi Deputy Director Abdul Ghafaar said that suspects were deceiving people in respect of multi level marketing on name of Italian company .
Muhammad Ahmed Sayal, director of M/s Multi Level Marketing (MLM), a commission-based private company, was allegedly involved in selling motorbikes to the public at the rate as low as Rs25,000.
* Multi level marketing channels such as directing selling dominates Fragrances distribution in Argentina (include in summary)
Are you looking for mlm (multi level marketing) software, or you want to success in this multi level marketing?