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Multi-level marketing (MLM), also called network marketing [1] or pyramid selling, [2] [3] [4] is a controversial [4] and sometimes illegal 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 ...
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 ...
If you have to buy your own inventory up front, run.
Not all multi-level marketing plans are legitimate. If the money you make is based on your sales to the public, it may be a legitimate multilevel marketing plan. If the money you make is based on the number of people you recruit and your sales to them, it's probably not. It could be a pyramid scheme. [15]
FitzPatrick is the co-author of the self-published book False Profits: Seeking Financial and Spiritual Deliverance in Multi-Level Marketing and Pyramid Schemes (ISBN 0-964879-514), [5] a 1997 critical book that examines the multi-level marketing industry.
Beautycounter (dissolved in 2024); Betterware (placed into administration in 2018) [23]; Black Oxygen Organics (shut down in November 2021) [24]; BurnLounge (shut down as pyramid scheme by FTC in 2012)
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International Heritage Inc. (IHI) was an American pyramid scheme and MLM company. The company was founded in 1995 by Stanley H. Van Etten, Larry G. Smith and Claude William Savage, and started with marketing and sales of luxury items such as jewelry and golf equipment. In reality, the products were almost exclusively traded by the company's own ...