Multi-level marketing (MLM) is a form of direct sales in which independent representatives sell products or services from a company to an end consumer. Sales representatives typically work from home and buy inventory to sell at in-person or online parties. ... You sign a contract, buy inventory, then start selling.

What was the first multi-level marketing company?

The origin of multi-level marketing is often disputed, but multi-level marketing style businesses existed in the 1920s and the 1930s, such as the California Vitamin Company (later named Nutrilite) and the California Perfume Company (renamed "Avon Products").

What are examples of MLM?