What does MLM include?
“MLM” is an acronym for “multi-level marketing” (a.k.a. “network marketing,” “product-based pyramid schemes,” “pyramid selling schemes,” etc.). More accurately, it is a form of chain selling, which also includes chain letters, naked or no-product pyramid schemes, 2-ups, and other schemes featuring an endless chain of participants as primary (or only) customers. For brevity, we will refer to all types of product-based pyramid schemes, MLMs, or chain selling companies that offer products and services, as “MLMs”. (For more information, see Consumers Guides.
“MLM” is an acronym for “multi-level marketing” (a.k.a. “network marketing,” “product-based pyramid schemes,” “pyramid selling schemes,” etc.). More accurately, it is a form of chain selling, which also includes chain letters, naked or no-product pyramid schemes, 2-ups, and other schemes featuring an endless chain of participants as primary (or only) customers. For brevity, we will refer to all types of product-based pyramid schemes, MLMs, or chain selling companies that offer products and services, as “MLMs”.
