24
Apr
Multi-level marketing, also known as network marketing, is a business model that combines franchising and direct selling. In this approach, individuals become independent contractors associated with a company to expand their business by recruiting and selling products or services. Members earn money based on their own sales and the sales of the people they have recruited. However, pyramid schemes or Ponzi schemes, which are illegal, have given network marketing a bad reputation. To avoid this association, some companies use alternative terms such as "home-based business franchising" or "affiliate marketing." In legitimate network marketing, commissions are earned through the sale of…