27-10-2014, 10:23 AM
Abstracts: Multilevel Marketing System is a marketing methodology where a company doesn’t have direct outlets for its products instead it follows a policy called chain marketing or network marketing. It is a form of direct sales in which independent distributors sell their products. Multi-level marketing is a purported income opportunity, in which persons recruited into a pyramid of participants make ongoing purchases of products and services, and recruit others to do the same, and they still others, etc. – in an endless chain of recruitment and personal consumption, in order to qualify for commissions and bonuses and to advance upward in the hierarchy of levels in the pyramid. Product purchases become the means of disguising or laundering investments in what is in fact a product-based pyramid scheme.