What is Multi-level Marketing(MLM)? List of Top Multi-level Marketing companies in the world

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By cooljohnny23

What is Multi-level Marketing(MLM)? List of Top Multi-level Marketing companies in the world

Multi-level Marketing(MLM), also called as Network Marketing, is a term that describes the structure used by companies for their marketing strategy to sell their products effectively through entrepreneurs. The MLM strategy is specifically formulated to create a marketing/sales force by compensating promoters of products not only for sales they personally generate, but also for other sales promoters they introduce to the business. Thus MLM creates a hierarchy of sales promoters with a hierarchy of multiple levels of compensation.

The products of the company are marketed to people directly by the sales promoters by means of relationship referrals and "Word of Mouth" Marketing

Below is the list of top Multi-level Marketing companies in the world

 

Comments

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