answersLogoWhite

0


Best Answer

It is basically a pyramid scheme but legal, people get paid a percentage for what people below them do.

It is most definitely NOT a pyramid scheme. MLM (multi-level marketing) is a business model wherein a company pays commissions to affiliates who introduce people to the product. These people may then become customers who in turn repeat the process. That is the most simple explanation. A pyramid scheme is a a scam where people simply pay into the "pyramid" but never get a return on investment. The only ones making money are at the top of the "pyramid". MLM is a legitimate, if not slightly misunderstood, business model that can generate residual income. Like any business, one must put forth some effort to see a return. The problem with this industry lies with people who make false promises of huge riches. Success in any business is not guaranteed, but for the right type of person MLM can be profitable.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is mean by multi-level marketing?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What has the author Don Failla written?

Don Failla has written: 'The 45 Second Presentation That Will Change Your Life' -- subject(s): Multilevel marketing 'How to build a large successful multi-level marketing organization' -- subject(s): Multilevel marketing 'How to build a large successful multi-level marketing organization' -- subject(s): Multilevel marketing '45 Second Presentation That Will Change Your Life'


Starting a Multilevel Marketing Firm?

Starting a multilevel marketing firm is an excellent way to make residual income. Earn money even when you are not working, with a multilevel marketing firm. Millions of people have made money in this business, and the profits are endless. Start your own firm today and watch the money roll in.


What has the author Richard Poe written?

Richard Poe has written: 'The wave three way to building your downline' -- subject(s): Accessible book, Multilevel marketing 'The Wave 3-Way to Building Your Downline' 'Selected Tales (Border's) Wc' 'The Einstein Factor' 'Wave Three' -- subject(s): Multilevel marketing 'Ola 3' 'Wave 3' -- subject(s): Multilevel marketing 'Wave 4' -- subject(s): Forecasting, Multilevel marketing


What has the author Mary Averill written?

Mary Averill has written: 'Network marketing' -- subject(s): Multilevel marketing


How does one get involved in multilevel marketing?

It is very easy to get involved in multilevel marketing, which is just another way of saying pyramid selling. You can find many companies like Avon or Mary Kay by going to their websites and joining up. There is usually a fee involved.


What is multilevel marketing really about?

In multilevel marketing, you would earn as you sell products and earn as anyone you recruit sells as well. The compensation you earn via your recruit may be a percentage of what they earn. This is somewhat like a pyramid in which all that you recruit would be earning for you as well.


What has the author Dave Roller written?

Dave Roller has written: 'How to make big money in multi-level marketing' -- subject(s): Multilevel marketing


Where can I find info on multilevel marketing?

Well, I would recommend contacting a company that offer multilevel marketing services for companies. However, I would recommend contacting each company personally, and communicating through e-mails, phone calls, and face-to-face meetings with all the companies involved.


What has the author David L Hancock written?

David L. Hancock has written: 'Entrepreneurial Author' 'Affiliate cash flow marketing' -- subject(s): Business networks, Internet marketing, Multilevel marketing


What does multilevel neural foraminal encroachment and cord abutment mean?

What are the symptoms and treatments for degenerative changes lumbar spine with multilevel foramina encroachment


What has the author O J Bryson written?

O. J. Bryson has written: 'Team sponsoring' -- subject(s): Multilevel marketing


Where can I find information about multi level marketing?

The best source for business and marketing strategies would be to contact a local sales representative about their small business. A small business established could successfully inform you on their multilevel marketing strategy.