What does MLM mean?

MLM refers to the behavior that organizers and developers illegally acquire wealth through developers or require the developed personnel to obtain the qualification to join on the condition of paying a certain fee. The essence of pyramid selling is "Ponzi scheme", that is, the money of the latecomers is distributed to the income of the pioneers.

New pyramid scheme: no restrictions on personal freedom, no ID cards and mobile phones, no group classes. But under the banner of capital operation, attracting people to cheat money, using luxury cars, wearing gold and silver, etc. , use money to attract friends and relatives around you, and finally reach the point of losing everything.

Extended data:

The development and formation of pyramid selling;

MLM originated in the United States at the end of World War II and was formed in Japan after World War II. In foreign countries, MLM and direct selling have the same meaning, that is, there is only one concept of MLM abroad.

The main idea of foreign MLM is: driven by the word-of-mouth generated by customers' use of products, let customers help distributors promote products and share some profits, that is, customers spread sales. This is two concepts with domestic pyramid schemes.

Chinese MLM: It's a fake company, a fictional product, and everything is empty. Is to pull people's heads, or control personal freedom, confiscate property, and be unable to contact the outside world. Learn those MLM training materials every day. MLM is essentially a Ponzi scheme, which is to distribute the money of the latecomers to the income of the pioneers.

Baidu encyclopedia -MLM