OK, let me try to explain both to you
Mlm is a marketing system where you are able to earn from the
2nd generation onward. In simper term, this means if you get A
(your first generation) to be your salesman, if he earn money, you
get comission. If A get B (your 2nd generation) to be his downline,
you are able to profit from his sales as well, this is mlm. Mlm
does not have to be in the traditional form of calling up friends,
asking them down etc. It can also be done through online method or
any other methods, as long it has the above element in it, it's
mlm. Multi Level Marketing = ability to tap into multi level (multi
level comission)
Mlm is a system used in marketing
Internet marketing is marketing through online method, using the
internet.
Internet marketing is a mode of marketing.
Comparing the two is like comparing communist to capitalism. A
country can be both (China), neither (India) or only one
(Singapore) as they are used to describe different aspects of the
government