Multi-level marketing

Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation. Some people use "direct selling" as a name for MLM, although MLM is only one type of direct selling, which started centuries ago with peddling.

Saturday, December 31, 2011

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