I get alot of people asking this question, "What does the term MLM stand for"? What do it mean?The letters, (MLM) stands for, Multi-Level Marketing, which is one of today's fastest growing profiting yet most misconstrue methods of moving products in the world.
Breaking down the Meaning:
1. The combining form "Multi-" means composed of many alike or more than one.
2. "Level" simply means advancement using the same stradegy of business.
3. Marketing simply means moving products or services from the manufacturer or provider to the consumers.
Multi-Level Marketing can be done in so many different ways. Direct sales is one way, which means you go out and order pruducts from the direct branded company itself with out going to a department store or others. Mail ordering could also be a mlm, by ordering products by mail.
MLM is one simple way to start a business. Imagine you have a product to sell, like a therapy bathing gel that helps aches in muscles. Now you can move this bathing gel product like most business often do: either sell the product directly to your cunsumers or you can exposes others who will buy your products and sell them to other people.
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