selling or advertising by telephone.

tele-1 + marketing

telemarketer, noun Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
telemarketing (ˈtɛlɪˌmɑːkɪtɪŋ)
another name for telesales
[C20: short for tele(phone) marketing]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source's 21st Century Lexicon
Main Entry:  telemarketer
Part of Speech:  n
Definition:  See telephone solicitor's 21st Century Lexicon
Copyright © 2003-2014, LLC
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Word Origin & History

1980, from tele(phone) + marketing.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Hostile neighbors and dogs could have their say, followed by a truly nasty
  encounter with a telemarketer.
He's been raising money faster than a telemarketer for almost a year and a half.
Depending on your long-distance provider, that stranger with the thick accent
  may not be a telemarketer or a prank caller.
If you're a senior citizen and feel you've been scammed by a phony
  telemarketer, listen up.
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