.
It is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant's "downline", and can provide multiple levels of compensation. Other terms used for MLM include pyramid selling, network marketing,and referral marketing.
If your a researching what company to work with in multi-level marketing(network marketing) make sure your do your research. A great source of information about the industry is 
.
Activist investor Bill Ackman believes Herbalife (NYSE
: HLF [FREE Stock Trend Analysis]) is a pyramid scheme. He has said so and backed it up with a $1 billion short position.
: HLF [FREE Stock Trend Analysis]) is a pyramid scheme. He has said so and backed it up with a $1 billion short position.
Some Hispanic organizations agree with Ackman’s assessment and have urged state attorney generals to take action against the company... Read more:
