MLM stands for multilevel marketing, a strategy that sells products and services through a non-salaried workforce in a pyramid-shaped commission system. Learn how MLM works, its benefits and drawbacks, and how to distinguish it from a pyramid scheme. What is MLM (Multi-Level Marketing), or network marketing, is a business model in which members make money by direct selling products/services and by bringing new members into their network. It is based on a commission system, where members are paid bonuses from their sales and the sales of their recruits (downline). The term MLM is often thrown around in business circles, but what does it really mean? For those unfamiliar with the concept, MLM stands for Multi-Level Marketing, a business model that has gained both popularity and controversy over the years. In this blog, we’ll dive deep into the MLM industry, explore what is network marketing, and answer common questions like what does MLM stand for, what is a MLM company, and what is meant by MLM . Whether you’re curious about MLM business ... MLM - Multi-Level Marketing MLM stands for Multi-Level Marketing, a strategy that involves a pyramid-shaped commission structure where individuals earn income through direct sales and recruitment of others into the business. Commonly used in the context of business and sales, MLM is prevalent in industries such as cosmetics, wellness products, and home goods, where participants are incentivized to build their own sales teams and expand their networks, often through social media platforms and ...
