What is Multi Level Marketing | Direct Selling | Money Chain | Alex Jacob

Multilevel marketing (MLM) is a strategy that some direct sales companies use to encourage existing distributors to recruit new distributors. Multi-level marketing (MLM), also called pyramid selling, network marketing, and referral marketing, is a controversial marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company's products/services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system. Follow me:   / the.alexjacob   Disclaimer : I am not a financial advisor or financial planner. I do not provide any forms of advice, consultation or paid services in my individual capacity. All the videos uploaded to the channel are for educational purposes only. Investment decisions are subject to own analysis and decisions.