MLM firms promote and promote their merchandise by way of their community of members relatively than by way of common retailers or retailers. Through the years, a number of MLM firms have come into existence; a few of them have been profitable whereas others have gone bust. Nevertheless, there are particular firms which have actually grown and have reached international proportions. This text lists the highest 10 MLM firms worldwide by way of their revenues and community attain best network marketing companies.
1. Avon: Avon leads the highest 10 MLM firm pack with reported company revenues exceeding $10 billion and a community in virtually each nation internationally. Based greater than a century again in 1886, Avon is the second oldest MLM firm presently in existence and its product line consists of magnificence merchandise, jewellery, and attire.
2. Amway / Alticor: Based in 1959, Amway has been a pioneer within the MLM business and rightly deserves a point out within the high 10 MLM firms. Additionally it is the second largest with reported earnings of greater than $eight billion and a community of members that’s constantly rising. Amway has its personal manufacturing services within the US. Its core product traces embody residence care, private care and dietary merchandise.
three. Vorwerk / Jafra: Primarily based in Germany, Vorwerk and its sister firm Jafra had been based in 1883, making them the oldest identified MLM firm. Vorwerk offers in equipment merchandise whereas Jafra markets beauty merchandise. The estimated whole revenues of the corporate are near $three.5 billion.
four. Mary Kay: This producer and distributor of skincare and shade cosmetics was based in 1963 and has since then grown to develop into one of many high 10 MLM firms worldwide. Its annual revenues are near $three billion and its merchandise can be found in most nations world wide.
5. Herbalife: After Amway, Herbalife is the second firm within the high 10 MLM firms that doesn’t deal in cosmetics. Its merchandise embody well being, weight administration, and private care, and the corporate has grown to revenues for practically $2.5 billion in simply 25 years.
6. Primerica Monetary Companies: The one monetary companies firm within the high 10 MLM firms, Primerica Monetary Companies has a extremely spectacular monitor document. The corporate has generated revenues in extra of $2 billion though it really works primarily in North America.
7. Tupperware: Tupperware is once more distinctive within the high 10 MLM firms – it sells plastic storage and serving merchandise, and private care merchandise. The corporate has grown to have a worldwide presence with revenues pushing the $2 billion mark.