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[quote=Anonymous]Here is definition: https://www.investopedia.com/terms/n/network-marketing.asp It’s about selling “direct” but you have to buy the product from the company, resell it for a small profit and recruit people below you to sell more - then take a piece of their profit. You make more money off the people you recruit, then actual sales. MLM are only theoretically lucrative if you are at the very top of the pyramid. And even then, most of them won’t tell you about how much money they spent on “their business” and buying the goods. 99% of MLM “sellers” lose money according to the FTC: https://www.ftc.gov/sites/default/files/documents/public_comments/trade-regulation-rule-disclosure-requirements-and-prohibitions-concerning-business-opportunities-ftc.r511993-00008%C2%A0/00008-57281.pdf[/quote]
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