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2007-11-13 14:47:49 · 7 answers · asked by Anonymous in Business & Finance Careers & Employment Marketing & Sales

7 answers

Multi-Level Marketing:
From Wikipedia:
Multi-level marketing (MLM, now sometimes called network marketing) is a business model that combines direct marketing with franchising.

Multi-level marketing businesses function by enrolling unsalaried salespeople (also called by MLM companies as Distributors, Independent Business Owners, Franchise Owners, Sales Consultants, Consultants etc) to sell products and meanwhile earn additional sales commissions based on the sales of people enrolled into their downline, an organization of people that includes direct recruits, recruits' recruits and so on. This arrangement is similar to franchise arrangements where royalties are paid from the sales of individual franchise operations to the franchisor as well as to an area or region manager. There can be multiple levels of people receiving royalties from one person's sales.

2007-11-13 14:50:45 · answer #1 · answered by Yahoogirl 5 · 1 0

MLM is Multi Level Marketing. Essentially, it's a pyramid scheme. The people at the top make money, everybody else gets shafted. It requires each participant to buy some quantity of a product, and then resell it, while recruiting others to do the same. The recruiter gets some percentage of the sales of those people he or she recruited. Atypical pitch is "If you recruit ten people....". The problem with that is that after only a dozen or so levels, you need everyone on the planet, man, woman, or child, to be signed on...and there's no one left for those on the bottom tiers to sign up....in a word, it's a scam.

2007-11-13 22:58:08 · answer #2 · answered by john_holliday_1876 5 · 0 1

MLM is Multi-Level Marketing. Hope this helps you!

2007-11-13 22:52:05 · answer #3 · answered by CJ 6 · 1 0

MLM is where franchizing was 50 yrs ago.
getting ready to make a difference in common people lives.

2007-11-14 00:06:42 · answer #4 · answered by Anonymous · 0 0

MLM can be a tricky biz. if you are serious in finding good consultants you will need to scout around. this is the fastest way ...THAT COSTS$$$ BUT WELL SPENT IF YOU KNOW THE RIGHT ONES who will save you time and hence, money down the road...88db has them under biz services. cheers

2007-11-14 03:20:22 · answer #5 · answered by Tammy B 2 · 0 0

Multi level Marketing. the most famous is the Amway business . Also Mary Kay and Avon

2007-11-13 22:51:56 · answer #6 · answered by L S 2 · 0 0

MLM is an acronym.

2007-11-13 22:55:58 · answer #7 · answered by Anonymous · 1 0

"Multi Level Marketing" can come in different forms.
Checkout out all thoroughly, beware pyramid structured companies. Most often, if not everytime they are a scam.

2007-11-13 22:53:37 · answer #8 · answered by Retrodude 2 · 1 0

multi level marketing. It generally means that you make most of your income by recruiting enough people who then sell product and you get a cut of what they sell.

2007-11-13 22:51:05 · answer #9 · answered by Judy 7 · 0 0

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