multi-level marketing

(redirected from Network 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.
Mentioned in ?
References in periodicals archive ?
Later, the suspect, in connivance with other co-accused, launched a company named Munafa Network Marketing (MNM) and began to receive hefty amounts in exchange for providing motorcycles after receiving Rs25,000 with a promise to deliver the bike within 45 days.
20 July 2016 - US-based socially responsible company Viridian International Management, LLC has acquired certain assets previously held by the network marketing sales unit of US-based green energy retailer Crius Energy, the company said.
"Hierarchical and network marketing flouts rules and regulations, particularly the law on consumer protection," said consumer protection director Senan Ali Al Jabery.
"Hierarchical and network marketing flouts rules and regulations, particularly the law on consumer protection", said Consumer Protection Director Senan Ali Al-Jabery.
“I actually got into network marketing by accident,” Barnes said.
My wife and I have been in the network marketing industry for over 16 years, working with the same company the entire time.
Now, people interested in network marketing can add another possibility to their career prospects.
28 July 2015 - Canadian assistive technology products and services distributor Aroga Holding Corp and its Aroga Technologies partner organization have acquired network marketing company OXO Worldwide Inc, the company said.
Since Rob Snyder and Stream Energy secured a Texas retail electric provider license in early 2005, the privately held firm has become one of the most successful network marketing companies in the world.
Brickey heard of Pre-Paid Legal, a network marketing company that provides affordable legal services for low- to middle-income individuals and families, while attending a job fair last October.
Dallas, TX, March 21, 2013 --(PR.com)-- The world's largest energy network marketing company, Stream Energy, announced today that it has expanded its Maryland service footprint to now include electricity service to consumers in the Delmarva area.
They worked for Nutrition Express, which sold health and nutrition products, and also became area distributors for Genique International, a Los Angeles-based network marketing company that carries health and nutrition products.

Full browser ?