Question

Difference between marketing and network marketing

Answer 1

Multi-level Marketing (MLM) or network marketing, is individuals selling products to the public - often by word of mouth and direct sales. ... The difference between a pyramid scheme and a lawful MLM program is that there is no real product that is sold in a pyramid scheme.

Answer 2

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MARKET

• Market is a process, that fixes the price of commodities through demand and supply forces.
• Market is a narrow concept.

MARKETING

• Marketing is a process that analyses, creates, informs and delivers value to the customer.
• Marketing is a wide concept that includes diverse activities.