Commonly abbreviated MLM, it's a form of selling a product whereby one person recruits other salespeople, who recruits other salespeople, ad nausea and after each sale, everybody above the salesman gets a small piece of commission. To make money in one (98%+ of people don't), one should place much more emphasis on recruiting than sales. Amway is probably the most well-known MLM.
Many MLMs have "optional" national meetings, motivational books and tapes, and other various expenses. The cost of these comes out of pocket of the individual. As a general rule, if you can be one of the first people to join a successful MLM, you'll make a lot of money, especially if you can sell all of this crap to your downline. However, if you're not in this lucky 1-2%, you'll honestly be lucky to break even in your expenses.
There is some technical difference between a pyramid scheme, which is illegal, and an MLM, which is legal. However, nobody but the high-priced lawyers which keep MLMs in business and stealing the money of its starry-eyed employees seem to know what this difference is.
Many MLMs have "optional" national meetings, motivational books and tapes, and other various expenses. The cost of these comes out of pocket of the individual. As a general rule, if you can be one of the first people to join a successful MLM, you'll make a lot of money, especially if you can sell all of this crap to your downline. However, if you're not in this lucky 1-2%, you'll honestly be lucky to break even in your expenses.
There is some technical difference between a pyramid scheme, which is illegal, and an MLM, which is legal. However, nobody but the high-priced lawyers which keep MLMs in business and stealing the money of its starry-eyed employees seem to know what this difference is.
There are too many Multi-Level Marketing organizations to count. After one is shut down by bankruptcy or the government, two new ones sprout from the ground.
by iLikeSoup March 28, 2011
Get the Multi-Level Marketing mug.A prison where the students get tortured and abused. They are locked in there with deadly karens, and nonces. Also where every single staff have sharp rat features and saggy bellies. Staff to work at DMA clean the floors by licking them , rubes coffee over themselves instead of showering and have repeated nightmares of peppa pig being a drug addict.
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1. A financial market so fragile that even strong companies are decimated by panic selling on Wall Street. 2. A market with almost no real buyers, only frantic sellers.
by Peter Kobs February 17, 2009
Get the Hollow Market mug.When you have had your fun but are ready to leave. Referring to that distinct feeling one gets after about 30-45 minutes at the local flea market on a Saturday afternoon.
by doodieholmes February 21, 2015
Get the Flea Market Feeling mug.In the book series "The Secret of Nicholas Flamel" Marethyu is a time-traveling person going to different times as he pleases, his name also means "death" in the language of Danu Tallis, Marethyu also has no aura or aura scent as he uses the power of the hook
SPOILER:
Marethyu turns out to be Josh, and the hook (his power) is the four swords or power combined together with his left hand
SPOILER:
Marethyu turns out to be Josh, and the hook (his power) is the four swords or power combined together with his left hand
by Neko God June 15, 2017
Get the marethyu mug.To sink your own ship due to incompetence and arrogance. It is derived from the historical event in which Ocean Marketing chose to challenge Penny Arcade during a string of rude costumer service emails involving a gaming product. This moment of stupidity and arrogance began a chain of events that led to Ocean Marketing's downfall. It has officially replaced the word "titanic" for such events.
As Bob drunkenly bad mouthed his boss at the company holiday party, he had no idea his boss is standing behind him the entire time. Effectively Ocean Marketing his career there.
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Man #1 - I was flirting with this girl outside my car window while driving when I smashed into a cop car. There goes my car AND my license!
Man #2 - HA! Good use of Ocean Marketing.
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Man #1 - I was flirting with this girl outside my car window while driving when I smashed into a cop car. There goes my car AND my license!
Man #2 - HA! Good use of Ocean Marketing.
by Beauski December 30, 2011
Get the Ocean Marketing mug.A black Indian american marketing promoter born in July. Know for marketing Musical Artist acts such as Jermaine Dupri, Destiny's Child, Nas, Aaliyah and movie, The Wash, Next Friday, Badboy 2, A Man Apart, One Upon a time in mexico etc. Deeq has a family of talent in many generations. He grew up in one of the most notorious homicide neighborhoods in the country, When Deeq was a teen he order at a neighborhood chinese store and went to pick up his food and four minutes later there was a shooting inside the store which led to a murder. He has been through up and down in life. Rumors says he moving and this Summer 2018 he's touring in several cities.
by Janice Wright June 4, 2018
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