Multilevel Marketing (MLM) is a system of retailing where consumer products are sold by independent businessmen and women, often known as distributors. These distributors are encouraged to build and manage a sales force, with their compensation based on both personal sales and the sales of their recruited team.
Retailing done without conventional store-based locations. Nonstore retailing includes services such as internet retailing, vending machines, direct-to-home selling, telemarketing, catalog sales, mail order, and television marketing programs.
Retailing involves the business practice of selling products and services directly to the public, targeting the ultimate consumer rather than wholesalers or manufacturers.
A retail outlet is a manufacturer-owned store that sells merchandise and/or services directly to the public in unlimited quantities.
