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Meaning of “multilevel marketing” in the English Dictionary

"multilevel marketing" in Business English

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multilevel marketingnoun [U]

(also multi-level marketing) uk   us   (abbreviation MLM, also network marketing) COMMERCE, MARKETING
a ​method of ​selling a ​product in which someone ​sells to ​people they know and then gives ​training to those ​people to ​sell the ​product themselves. The ​originalpersonearnsmoney not only from their own ​sales, but also on what is ​sold by the ​people they have given ​training to: While some ​distributors have ​prospered in multilevel ​marketing, law-enforcement ​officials say the ​field also has ​fraudulentoperations.
(Definition of multilevel marketing from the Cambridge Business English Dictionary © Cambridge University Press)
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