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0 abbreviation for multilevel marketing: a system for selling a product in which someone agrees to buy an amount of it at a wholesale price (= a lower price paid by a business), and then tries to make money by selling the product at a higher price to other people, or getting other people to sell it for them:
MLM has a bad reputation because most people end up losing money on the cost of the stock.
MLM participants, called "distributors", typically make money less by selling products than by enticing other people to sell products.
Many MLMs are based on the premise that you purchase inventory before it is sold.
1 abbreviation for multilevel marketing :
Valid MLM businesses offer two means to make money: by selling a product or by recruiting new distributors.
