multi-level marketing

noun

Meaning

A sales system under which the salesperson receives a commission on his or her own sales and a smaller commission on the sales from each person he or she convinces to become a salesperson.

Etymology / origin

No prose etymology has been added yet.

No ancestor words have been linked yet.

Related words

manufacturer's representative(English)membership marketing(English)smarketing(English)direct selling(English)line management(English)commission agent(English)market penetration(English)commission(English)

Descendant words

No descendant words have been linked yet.

Sources

DictionaryAPI.dev English dictionary data

multi-level marketing — meaning and etymology | WikiWord