Last Updated on June 3, 2020 by Justin Su
Did you ever heard about MLM or do you even know the full form of MLM? No, Do not worry I will tell you. The full form of MLM is Multi-Level Marketing and some people call it Network Marketing. MLM business is in trend nowadays. MLM company are companies where everyone can make a profit.
Some call it a scam and some take MLM as an opportunity. The conversation rates are depending on the MLM company you join, and the opportunity you grab.
What is MLM? In MLM you have to promote and do the sale of the product of the company. The more people you invite to join MLM companies under you, the more you earn.
Most MLM companies are using MLM Software available on the internet.
Let’s check out some known and best MLM Companies in the world. Following are some best MLM Companies to join
Amway MLM is the world’s number #1 MLM company with $8.80 Billion turns over. It offers more than 500 products and mostly focuses on Health, Nutrition, Beauty, and Home cares.
Amway was founded in the year 1959 and for the last few years it has a rank of number #1 in total revenue. But according to some news sites Amway paid $56 million to settle a lawsuit that was filed against Amway. Some people call it Pyramid Scheme company.
Avon is a London based MLM company that was founded in 1886, almost 70 years before Amway. It is not only one of the best Multi-Level Marketing company it is also the 5th largest beauty company. The total turn over is 5.70 Billion dollars.
Avon MLM has more than 7 million representatives from all over the world who sell the product and most of them are women. Brazil is the busiest market for Avon. As per their working formula and reports Avon is not a pyramid scheme.
Vorwerk is a German-based company which was started in the year 1883. It is one of the best MLM sites in Germany. Vorwerk targets products like household appliances, fitted kitchens, and cosmetics.
The company has a good reputation in Germany. The problem with this site is that it is hard to get involved in this MLM company.
Herbalife is the USA based company which has revenue turn over of $4.50 billion. It was founded in the year 1980 and they have more than 3 million distributors from all over the world.
Herbalife MLM focuses on Nutrition & weight control products in more than 94 countries. More than 8000 employees are working at Herbalife.
Natura is Brazil’s no. #1 MLM company, started in the year 1969. It is the biggest manufacturer of cosmetic products in Brazil.
From all over the world it has 1.7 million representatives working with Natura. The total revenue reported is 4.4 Billion dollars. Some of their famous brands are Urbano, AMO, Aquarela, etc.
Infinitus is a Chinese MLM company which mostly targets the herbal products. It was founded in the year 1992 and they have currently more than 3000 employees, 36 branches, 28 service centers.
The net worth of Infinitus is around 3.41 Billion US Dollars. The product they sell is Herbal, Health, and Cosmetics.
Marry Kay is another USA based MLM company. It was launched in the year 1963 and currently ranked 6th largest MLM company based on net worth which has 3.50 Billion USA dollars.
The company has 5000 employees and more than 4 million salespeople. Marry Kay focuses on Cosmetics & personal care products.
Nu Skin MLM company was launched in the year 1984 by Black Roney. It has headquartered in Utah, USA.
The company is working in more than 55 countries with 5000 employees working. The revenue generated by the Nu Skin is 2.8 USA dollars. It focuses mainly on Personal care products & dietary supplements.
Young Living is another Utah, USA based MLM company. It was established in year 1993 by Donald Garry Young. The company has generated revenue of 1.5 Billion USA dollars.
Young Living mainly selling essential oils. And other products like Health products, personal care & animal care. You have to purchase the products worth $100 per month.
Oriflame is only Switzerland based MLM company which is in the top 20 MLM Company Worldwide. The revenue generated by Oriflame is 1.6 Billion dollars. Oriflame was founded in the year 1967.
The company focuses on products like Cosmetics, beauty, skincare products. It is actively working in more than 70 countries with 8000+ employees. You have to pay a one-time fee to join which is different for each country.
Conclusion: This is some of the Best MLM companies to join and top MLM companies in 2019. You should join them as per your interest. If you are a gym freak then nutrition products are best for you. Herbal and cosmetics products for small shop owners and medical stores. MLM is the best method to make huge money but if you are not able to do lots of hard work then try other money-making methods.