Definition:
A business in which a distributor network is needed to build the business. Usually such businesses are also MLM in nature in that payouts also occur at more than one level. Network Marketing is sometimes also used incorrectly to indicate that the business uses a network of product suppliers in order to offer a broader selection of products. It is usually used this way to differentiate themselves as a way to suggest that their program is superior to other such programs.
Related Terms:
Consumer-Direct Marketing
Multilevel Marketing
Pyramid Scheme
Related Information:
Multilevel Marketing (MLM)
How to Decide If Network Marketing Is Right For You Business Opportunity Scams
Related Books:
Inside Network Marketing
Network Marketing for Dummies
More Books about Multilevel Marketing
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