Definition, Meaning & Synonyms
mlm
noun
ˌɛmˌɛlˈɛm
Definition
Multi-Level Marketing
Examples
- Many people are skeptical about the ethics of MLM companies.
- She has turned her MLM business into a successful venture.
- It’s important to understand the compensation plan before joining an MLM.
Meaning
A marketing strategy where salespersons earn income through direct sales and by recruiting new salespeople, creating a hierarchy of distributors.
Synonyms
- Network Marketing
- Referral Marketing
- Direct Sales
