network marketing



Direct selling method in which independent-agents serve as distributors of goods and services, and are encouraged to build and manage their own sales force by recruiting and training other independent agents. In this method, commission is earned on the agent's own sales revenue, as well as on the sales revenue of the sales-force recruited by the agent and his or her recruits (called downline). Also called multilevel marketing (MLM), cellular marketing, or by other such names, it is a multi-billion dollar worldwide industry that distributes practically any portable item, although restricted or banned in several countries due to its history as a vehicle for consumer fraud.
Said to have been pioneered by the now-defunct California Vitamin Company in 1941, it is a method employed by large firms such Amway, Melaleuca, Nikken, and Shaklee-Nagamuchi.

Use network marketing in a sentence

  • If you can get some people on your side that are good at network marketing then your total sales should surely increase.

    10 people found this helpful
  • The man wanted a flexible business opportunity, so I recommended that he look into network marketing, cause it might interest him.

    9 people found this helpful
  • Having people that understand how to use network marketing will help get your product out to as many people as possible.

    3 people found this helpful
Show more usage examples...

Related Videos

Have a question about network marketing? Ask for help in the
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z