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Meaning of Multi-Level Marketing (MLM):
Multi-Level Marketing (MLM) is a business opportunity that goes by many names like - Network marketing, direct selling, person-to person marketing, matrix marketing, or one to one marketing. Network marketing often called Multi Level Marketing is perhaps one of the least understood methods of moving products or services into the market place.
It is a system whereby the company producing or arranging the product or service and rewards the people who make or ads word of mouth referrals. The people who operate as components in the chain are referred to by any of the following names - Members, Independent Salespeople, Network Marketers, Advisors, Agents, and Distributors. Destiny-2000 Limited calling it’s as “Distributor”.
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