Multi-level marketing is one of the business strategies, specially designed to help people make money as much as possible. The whole income depends on the hard work of the distributors who work for a specific company to sell their products and services. Are you curious about the top 10 MLM companies in 2021?
Here is the best Network Marketing or MLM Companies;
Amway is one of the biggest MLM companies in the world, with nearly $9 billion of yearly revenue. While many have called the MLM company a pyramid scheme, the FTC decided in a landmark1979 ruling that the company was legit since it was selling actual products. The home, health, and beauty products the company sells are real, but in 2010, the company paid$56 million to settle a class-action lawsuit that again accused it of being a pyramid scheme.
Avon has been around since 1886 when it was founded as the California Perfume Company. Known as Avon since 1939, more than 6 million people around the world currently sell the company’s cosmetics and other products directly to customers. This MLM company is one of the biggest beauty brands in the U.S., according to Forbes.
Nutrition company Herbalife is an MLM giant, with more than 2.3 million distributors. The company has been accused of being a pyramid scheme, and it eventually had to restructure its business to appease regulators. But that hasn’t stopped it from making money – it’s the third-largest direct selling company in the world.
Vorwerk is another direct selling company among the best MLM companies. It produces household products, cosmetics, and carpets and floor coverings. The company has been around since 1883 and has more than 633,000 independent sales partners around the world.
Infinitus is another Asian MLM that’s not yet a big name in the U.S. The company sells a variety of health food and beauty products inspired by traditional Chinese medicine.
6. Mary Kay
One of the best-known names in multi-level marketing, Mary Kay has been around since 1963 when founder Mary Kay Ash started the company with a $5,000 investment. There were 600,000 Mary Kay ladies in the U.S. in 2012, according to CBS.
Natura is a Brazilian company that’s been around since 1969. It’s known for its natural and sustainable beauty products. It sells its products through1.5 million sales consultants, as well as in stores and online.
Perfect might not be familiar to most people in the U.S., but the MLM is big in Asia. The Chinese company sells cosmetics as well as personal care, skincare, household, and wellness products
9. Nu Skin
Nu Skin is a Utah based MLM company and started in 1984. It deals with anti-ageing skincare products and nutritional products. In the early 1990s, the FTC investigated the company for making unsubstantiated claims about its products; the company eventually had to pay a $1.5 million penalty.
According to the company’s distributor compensation summary, Active Nu Skin distributors earn an average of $150.53 a month.
Tupperware is one of the oldest and best-known MLMs. People have been hawking Tupperware since the 1950s. The companies founder was one of the pioneers of direct selling, realizing that it offered women a way to make money when many didn’t work outside the home. Today, there are 2.9 million Tupperware sales reps. The average consultant earned $710.56 a year.
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