multilevel marketing

noun
variants: or multi-level marketing

Definition of multilevel marketing

: a business structure or practice in which an individual seller earns commissions both from direct sales and from the sales of the seller's recruits, of those recruited by the seller's recruits, and so on In multi-level marketing, like selling Amway cleaning products, you also earn commissions from products sold by others you bring into the organization.— Judy Waytiuk If the money you make is based on your sales to the public, it may be a legitimate multilevel marketing plan. If the money you make is mainly based on the number of people you recruit and your sales to them, it's a pyramid scheme.— Aditi Jhaveri abbreviation MLM

Other Words from multilevel marketing

multilevel marketer noun, plural multilevel marketers
She signed on with the multilevel marketer (a business model that pays income from the sales of consultants recruited into the program) in October 2001, hosting spa parties at friends' homes. — Claire McIntosh

First Known Use of multilevel marketing

1968, in the meaning defined above

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The first known use of multilevel marketing was in 1968

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Cite this Entry

“Multilevel marketing.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/multilevel%20marketing. Accessed 4 Aug. 2020.

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