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marketing
Puru BhatnagarTop Contributor
Business Analyst, Entrepreneur, Business developer, Marketer
Asked a question last year

What is multi level marketing ?

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Puru BhatnagarTop Contributor
Business Analyst, Entrepreneur, Business developer, Marketer

Do you believe in network marketing and can it make you next top billionaire.

Multi level Marketing or MLM is a strategy in which company which sold its product directly make distributors and ask distributors to make a chain below them of some other distributors and those distributors are paid a percentage of its recruits sales and even through the sales of the products directly.

To name some companies that follow these schemes, one of which is Amway and I believe this company has successfully impleted this strategy.

The challenging thing in this type of marketing is to make more distributors down the line because of which it is difficult for people to take on the products.

Although this type of marketing is completely legit and right against the law.