multi-level marketing
English
Noun
multi-level marketing (uncountable)
- A sales system under which the salesperson receives a commission on his or her own sales and a smaller commission on the sales from each person he or she convinces to become a salesperson.
Usage notes
Multi-level marketing is considered a legitimate business if the emphasis is primarily on the sale of products or service. See pyramid scheme for details of illegal schemes that rely heavily on recruitment of new investors to make money.
Related terms
Translations
sales system
|
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.