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Multi-Level Marketing, a hierarchical marketing system in which the goal of salespersons is not only to buy and sell the product in question, but also to recruit others to buy and sell the product in question, who will in turn recruit others upto infinite no. Each salesperson receives a portion of the entrance fee paid by his/her recruits, and a portion of the profits earned by all salespersons below him/her in the sales chain. This is also called as multilevel marketing, multi-level marketing, matrix marketing, network marketing etc.