Looking for good multi-level marketing (MLMs) companies to get involved with can be a hassle. Marketing is an important aspect that has to gain enough boost in the digital world. With new innovations and the latest ideas, network marking enters a unique path once such actions come to life.
Multi-level marketing (MLM) has become a popular method for generating income aside from traditional employment. Distributors join a company to make money selling their products.
In this article, you will get to know, what is an MLM company, the top MLM companies, the fastest growing MLM companies, and a whole lot of recent updates on top MLM companies.
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What is an MLM company?
An MLM company is a multi-level marketing company, which can be referred to as network marketing, referral marketing, or pyramid selling. What does MLM mean? In essence, in an MLM company, the workforce is comprised of primarily non-salaried representatives, who are encouraged to sell services/products and often also recruit more representatives.
Top 10 MLM Companies 2023
The success of each of these companies is attributed to their unique ways of prospecting, simplified marketing, accelerating sales, and customer satisfaction techniques.
Multi-level marketing is one of the best business models to boost product sales and thereby establish the brand. Here is the list of the top 10 multi-level marketing companies.
One of the most profitable direct sales companies of all time, this makeup and nutrition company owns a host of brands like Nutrilite, Spring, iCook, Artistry, and more. Amway is an American multi-level marketing company that sells health, beauty, and home care products. The company was founded in 1959 by Jay Van Andel and Richard DeVos and is based in Ada, Michigan.
- Natura cosmeticos:
Natura & Co is a Brazilian global personal care cosmetics group headquartered in São Paulo. The Natura & Co Group currently includes Natura Cosméticos, Aesop, The Body Shop, and Avon. The Group is present in 73 countries across all continents except Antarctica.
Herbalife Nutrition Ltd. is a global multi-level marketing corporation that develops and sells dietary supplements. The company was founded by Mark R. Hughes in 1980, and it employs an estimated 9,900 people worldwide. After coming under fire in recent years in the popular press, this popular nutrition and supplement company continues to sell its powders all over the U.S and in Latin America.
Vorwerk is an international diversified corporate group headquartered in Wuppertal, Germany. The main business is the direct distribution of various products like household appliances, fitted kitchens, and cosmetics. Vorwerk was founded in 1883. The German company offers intensely engineered, expensive products like Thermomix cooking appliances and vacuum cleaners.
Infinitus is a multi-networking Asian company that is known for its herbal health care products. Infinitus is the parent company that owns the Lee Kum Kee brand, one of the most established and renowned cooking brands in the world today. Currently, it is promoting its products worldwide in more than 100 countries with a huge number of representatives and in the future also it will continue to grow globally. The company offers a good range of products and a good income source to its customers. Its headquarters are in Hong Kong. China’s Infinitus has become a powerhouse, selling herbal health solutions for common issues.
- Avon Products:
The most popular makeup MLM in the country, Avon is famous for its cheap eyeliners and anti-aging creams and for its catalogs. While Avon used to be a purely direct sales business, they have been an MLM company for over 15 years, meaning that as well as selling products to retail customers, Avon reps can also make money by recruiting others into the company.
Coway is a Korean-based Multi-Level Marketing Company also known as LifeCare company. It was established in 1989 by Yoon Seok-geum. They mainly focus on manufacturing household products like water Filtration, Bidets, Air purifiers, and more.
- Mary Kay:
Mary Kay Inc. is an American privately owned multi-level marketing company. According to Direct Selling News, Mary Kay was the sixth largest network marketing company in the world in 2018, with a wholesale volume of US$3.25 billion. Mary Kay is based in Addison, Texas. The company was founded by Mary Kay in 1963.
Melaleuca is a Multi-level marketing company that provides around 400+ health and wellness-related products. It was founded by Frank L VanderSloot in 1985. It operates in almost around 20 countries and generates billions of revenue each year. The company uses a unique nature of the operation that is quite distinct and significant from other companies where people can earn by referring customers to Melaleuca.
- Nu Skin:
Nu Skin Enterprises is an American multilevel marketing company that develops and sells personal care products and dietary supplements under its Nu Skin and Pharmanex brands. Nu Skin was founded in 1984 in Provo, Utah. The company originated in the United States and began its first foreign operation in Canada in 1990.
Fastest-growing MLM companies
Though with as many MLM companies as there are in the world it can be a big hassle to keep track of which are the fastest-growing.
Here is the list of 10 fastest growing MLM companies:
- Nu skin
- NHT Global
- Stampin Up
- Captain Tortue
- Neo Life
- Party Lite
Highest paying MLM companies
The highest paying MLM companies are listed below :
- Forever Living
- Mary Kay
- USI Tech
Which MLM makes the most money?
- Amway: $8.8 billion.
- Avon: $5.7 billion
- Herbalife: $4.5 billion
- Vorwerk: $4.2 billion
- Mary Kay: $3.5 billion
- Infinitus: $3.41 billion
- Perfect: $3.06 billion.
- Quanjian: $2.89 billion
- Natura: $2.26 billion
- Tupperware: $2.21 billion
- Nu Skin: $2.208 billion
- Primerica: $1.52 billion
- JoyMain: $1.49 billion
- Jeunesse: $1.41 billion
- Oriflame: $1.4 billion
- Ambit Energy ++: $1.2 billion
- New Era: $1.16 billion
- Telecom Plus: $1.12 billion
- Belcorp: $1.09 billion
- USANA: $1.01 billion
- Pola: $1.004 billion
- Young Living: $1 billion
- Sun Hope: $940 million
- DXN: $927.0 million
- WorldVentures: $926.6 million
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