0
Itasan Posted 20 years ago
Business & Finance
multilevel marketing
I don't know the system very well, but something like this:
"A is a sales agent for some company. He introduces another
person B to the company. B in turn introduces another C to
the company, and so on. A gets some percentage of B's and
C's sales. B gets some percentage of C's sales, and so on."
I think this kind of marketing activity is illegal, but I often
hear of such a thing. I wonder what you call this kind of business.
1. multilevel marketing [sales]
2. pyramid selling
3. chain referral
4. any other?
A Japanes classic term for this is NEZUMI KOH, literally
'mice marketing' or something like that.
Thank you.
"A is a sales agent for some company. He introduces another
person B to the company. B in turn introduces another C to
the company, and so on. A gets some percentage of B's and
C's sales. B gets some percentage of C's sales, and so on."
I think this kind of marketing activity is illegal, but I often
hear of such a thing. I wonder what you call this kind of business.
1. multilevel marketing [sales]
2. pyramid selling
3. chain referral
4. any other?
A Japanes classic term for this is NEZUMI KOH, literally
'mice marketing' or something like that.
Thank you.
Top answer
Pyramid selling is illegal in the UK. This is a form of business where essentially you only earn money by signing up new members, and don't really directly sell anything yourself. Multi-level marketing is the name for the system you describe and it is legal as there is a product being sold, as well as new sales people/members being signed up.
- Pyramid selling is illegal in the UK.
- This is a form of business where essentially you only earn money by signing up new members, and don't really directly sell anything yourself.
- Multi-level marketing is the name for the system you describe and it is legal as there is a product being sold, as well as new sales people/members being signed up.
- Examples of MLM are Avon cosmetics, Amway products, and many others.
- Still often something to avoid as there are lots of companies that just stay within the legal limits but few people make any money from them.
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
3 Answers
0
Pyramid selling is illegal in the UK. This is a form of business where essentially you only earn money by signing up new members, and don't really directly sell anything yourself.
Multi-level marketing is the name for the system you describe and it is legal as there is a product being sold, as well as new sales people/members being signed up. Examples of MLM are Avon cosmetics, Amway prod
Multi-level marketing is the name for the system you describe and it is legal as there is a product being sold, as well as new sales people/members being signed up. Examples of MLM are Avon cosmetics, Amway prod
00
0
Multi-level marketing (MLM), (also called network marketing,[1][2][3][4][5] direct selling,[6][3] and referral marketing,[7] [8][9][10][11][12]) is a term that describes a marketing structure used by some companies as part of their overall marketing strategy. The structure is designed to create a marketing and sales force by compensating promoters of company products not only for sales they perso
0
Related Questions