Explenation of: Multi Level Marketing

Multi Level Marketing by Wikipedia:

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. Other terms for MLM include network marketing, pyramid selling, and referral marketing.

Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word of mouth marketing. Some people equate MLM with direct selling, although MLM is only one type of direct selling.

MLM companies have been a frequent subject of criticism as well as the target of lawsuits. Criticism has focused on their similarity to illegal pyramid schemes, price-fixing of products, high initial start-up costs, emphasis on recruitment of lower-tiered salespeople over actual sales, encouraging if not requiring salespeople to purchase and use the company's products, potential exploitation of personal relationships which are used as new sales and recruiting targets, complex and sometimes exaggerated compensation schemes, and cult-like techniques which some groups use to enhance their members' enthusiasm and devotion.[10][12] Not all MLM companies operate the same way, and MLM groups have persistently denied that their techniques are anything but legitimate business practices.[citation needed]

In contrast to MLM is single-level marketing. In single-level marketing, the salesperson is rewarded for selling the product, but not for recruiting or sponsoring other salespeople.

For the whole article please go to http://nl.wikipedia.org/wiki/Multi-level_marketing

 

Cool story bro.

Why copy paste something from wikipedia? For post count? Eugh..

 

Dear Rawrasaurus,
Uhmmm, I don't really get your point why should I wan't post count? Can I buy something with post count, indeed the answer is NO. Posting on my thread with such a childish comment is more likely a sad attempt to get post count. Please don't spam my thread and live your 14 year old life.

To answer your question: I needed this info for my introduction thread and some others.

Thanks in advance.

Your name by the way, is pretty gay.

 

ITT: OP copies a paragraph from Wiki yet misspells a word in the title.