pyramid selling

English - English

Definition of pyramid selling in English English dictionary

method of distributing merchandise in which agency rights are sold to an increasing number of distributors at successively lower levels

Pyramid selling is a method of selling in which one person buys a supply of a particular product direct from the manufacturer and then sells it to a number of other people at an increased price. These people sell it on to others in a similar way, but eventually the final buyers are only able to sell the product for less than they paid for it. If the scheme appears to be a pyramid selling scam, have nothing to do with it. a business activity in which the main income comes from people who buy the right to sell products, rather than from the sale of the products themselves. Pyramid selling is illegal in many places

Hyphenation

pyr·a·mid sell·ing

Turkish pronunciation

pîrımîd selîng

Pronunciation

/ˈpərəməd ˈseləɴɢ/ /ˈpɪrəmɪd ˈsɛlɪŋ/