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Multi-level marketing ( MLM ), also called network marketing [1] or pyramid selling, [2] [3] [4] is a controversial [5] marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation ...
But as the Duford Insurance Group points out, people often assume it's a scam because of the company's long history of using high-pressure MLM sales and recruiting as its primary business model.
This is a list of companies which use multi-level marketing (also known as network marketing, [1] [2] [3] [4] [5] direct selling, [3] [6] referral marketing, [7] and ...
Qnet Ltd, formerly known as QuestNet and GoldQuest, is a Hong Kong -based multi-level marketing (MLM) company owned by the QI Group. [2] QNet was founded in 1998 by Vijay Eswaran and Joseph Bismark. The company's products include energy, weight management, nutrition, personal care, home care and fashion accessories on an e-commerce platform. [3]
Sooner or later, you'll encounter a golden opportunity to make big piles of fast cash as a brand's "contractor" or "distributor." The details will be vague, but all you'll have to do is sell ...
ACN, Inc. is a North American multi-level marketing (MLM) company. [2] It provides telecommunications, energy, merchant services and other services, depending on the country, through a network of independent sellers who also can recruit other sellers. Based in Concord, North Carolina, United States, ACN began operations in the United States in 1993. [3] As of 2019, the company reported that it ...
A pyramid scheme is a business model which earns primarily by enrolling others into the scheme, however rather than earning income (or providing returns-on-investments) by sale of legitimate products to an end consumer, it mainly earns by recruiting new members with the promise of payments (or services).
5Linx is an American multi-level marketing company headquartered in Rochester, New York, which offers utility and telecommunication services, health insurance, nutritional supplements, and business services. [1] It was founded in 2001. In 2017, the co-founders of 5LINX, Craig Jerabeck, Jeb Tyler, and Jason Guck, were indicted on multiple federal fraud charges, including wire fraud and money ...