What is multi-level marketing?
Definition of multi-level marketing:
Multi-level marketing is a way of making money through selling products to consumers and by recruiting other people to do the same.
Also called network marketing [number 94], multi-level marketing is more of a business model than a marketing strategy.
The aim is to create two revenue streams. Ideally, profits are generated through straightforward product sales, but also via a network of people in your team that are doing the same.
[Team members get different a different % of the revenue depending on which level they’re at, but they can create their own teams too.]
Definition courtesy of Splash Copywriters