Definition of multi level marketing in English English dictionary
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
{i} MLM, businesses that operates by recruiting salespeople as independent contractors to sell a product or service and compensate them on the basis of their sales of product or service and on the sales achieved by the persons recruited into their downline
Multi-level marketing is a marketing technique which involves people buying a product, then earning a commission by selling it to their friends. The abbreviation MLM is also used. multi-level marketing schemes