Network Marketing is growing in popularity by the day, and you may have been considering joining a network marketing opportunity yourself. If you are, then this article will help you compare and contrast some of the top MLM companies or top network marketing companies to join in the year 2022.
This year every MLM business saw a lot of changes in the MLM industry. Some sales companies were acquired, some went out of business, and others changed directions.
As it stands today, you can only win success in this industry by learning from the best people and ultimately joining an industry leader.
Picking the right MLM company can be time-consuming, not to mention a frustrating task. The goal of this post is to relieve some of that pain. By offering you a list of top and biggest MLM companies expected to explode in growth in the next 4 years.
Direct Selling; An Immense Way to Growth
Network Marketing or MLM is a marketing activity of creating a network of channels to sell your products directly to the customers.
It provides a platform to get immense growth by earning money through Direct Selling. We have seen many trends in the marketing industry like marketing mix, pricing strategies and the study of customer behaviour.
Conversely, there has a new trend in marketing, that is Network Marketing or Multi-level Marketing(MLM). It has only 30 years of history to display. However, in the last 30 years, the trend of MLM has spread all over the world.
Top MLM Companies like Vector Marketing and Shacklee startest this revolution at the end of the 50s.
Now, look at this world, how far we are?
That is the power of the Network Marketing industry. The method aided many companies as well as people to earn profits by giving decent quality products to the customers.
Top 10 MLM Companies in 2022
Multi-level marketing is a type of business strategy, specially designed to help people make money as much as possible.
The whole income is based on the efforts of distributors that work for a certain firm to sell their products.
Are you curious about the top 10 MLM companies in 2021, 2022 and so on?
The following companies have been ranked by MLM experts as the top network marketing companies in the world:
- Mary Kay
- Nu Skin
Let’s examine this top 10 MLM company list:
Headquarter: Michigan, US
Founders: Richard M DeVos, Jay Van Andel
Amway is one of the biggest MLM organizations 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.
It is a multibillion-dollar company that uses “multilevel marketing techniques” to sell cosmetics and household products. According to the FTC, the company’s business model has an “unfair or deceptive compensation plan system that incentivizes participants to buy products for reasons other than resale.”
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.
Presently, Amway has a presence in more than 100 countries across the world. And it still persists as one of the top MLM companies in the world.
2. Avon – Biggest MLM Companies
Headquarter: London, UK
Founders: David H McConnell
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.
Their objective is to sit in the heart of everything they do. They use beauty as a powerful medium to transform women’s lives for the best.
This MLM company is one of the biggest beauty brands in the U.S., according to Forbes.
In 2021, they bagged “Top Employer Certification for 2021”. Avon India won recognition in the Dream Company to work for the forum in 2021.
3rd Position in Beauty Sector is Economic Times Best Work Place for Women 2021 some of the awards won by Avon.
Interestingly, Avon China won the title “Best Love Charity Brand 2022” for #WomenTogetherCampaign.
Headquarter: Los Angeles
Founders: Mark R Hughes
Nutrition company Herbalife is an MLM giant since the 1980s, with more than 2.3 million distributors. The corporation has been accused of operating a pyramid scam, and it was finally forced to alter its operations in order to satisfy regulators.
But that hasn’t stopped it from making money – it’s the third-largest MLM company in the world.
The mission of Herbalife is to expand nutritional habits around the world. Every day, millions of customers use Herbalife products.
Presently, it operates in more than 90 countries across the world with over 10000 employees.
They are helping people by providing nutritious products, aid and education to the communities in the world. Eventually, it became the most powerful nutritious food supplier among all companies in the MLM industry.
Apart from nutritious products, they manufacture skin and hair care products and distribute them across the world.
4. Vorwerk – MLM Companies
Headquarter: Wuppertal, Germany
Founders: Adolf Volwerk, Carl Volwerk
Vorwerk is another direct selling company among the biggest 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 (independent business owners) around the world.
Their main products are Kobold vacuum cleaners, carpets and upholstery fabrics. Since 2004, they manufacture body and skincare products as well as cosmetics and perfumes.
It deals with its own third-party kitchen and bathroom equipment through the Brugman subsidiary.
In addition to this, the company also manufactures and distributes carpeting to the customers.
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.
The company was established with 30 branches, 30 service centres combined with 7000+ retail stores in mainland China.
It is a member of the LKK Health Products Group and a modern company in the health and wellness industry.
It distributes and provides services of Chinese herbal health products to the customers through their 3500+ customers.
In September 2020, Infinitus owns 7 brands of 5 categories of products with more than 180 products.
Currency, Infinitus has a unique corporate culture and health concept, unique competitiveness and amazing brand reputation.
6. Mary Kay – MLM Companies
Headquarter: Texas, US
Founders: Mary Kay Ash
Mary Kay is one of the top MLM companies in the world. It deals with different types of cosmetics products across the world.
The company has forged a trust among their community and sells products directly to the customers in this community.
Additionally, the community can earn commission on each recruitment they made. The distributors of Mary Kay is also known as beauty consultants.
It has 3 major plants to manufacture its products, first in Dallas, Texas, second in China and third in Switzerland. However, the plant in Switzerland was closed in 2003.
Mary Kay has been one of the most well-known brands in multi-level marketing since 1963 when founder Mary Kay Ash began the firm with a $5,000 investment.
According to CBS, there were 600,000 Mary Kay women in the United States in 2012.
Founders: Luiz Seabra
Natura is a popular Brazilian cosmetics company since 1969. It is well-known for its natural and environmentally friendly beauty products.
Its goods are sold by 1.5 million consultants, as well as in shops and online.
Presently, Natura has 3200 outlets in 73 countries across the world. Natura products are popular in the world. It deals with skincare products, mom and baby products, men and fragrances.
While other MLM firms had a terrible image due to fraudulent activities disguised as illicit marketing strategies, Natura remained a trustworthy MLM Company among consumers.
Natura is a unique business, they mainly deal with three product lines, Avon, The Body Shop and Natura.
Natura finds time to promote biodiversity conservation and it is one of the “Union for Ethical BioTrade’.
8. Perfect – MLM Companies
Headquarter: Zhongshan City, China
Founders: Chi Yufeng
Perfect may be unfamiliar to most individuals in the United States, but the MLM is popular throughout Asia. The Chinese firm provides cosmetics, as well as personal care, skincare, housekeeping, and wellness items.
It specialised in cosmetics, personal care products, health food and household products.
With 25+ years of active participation, the company established a special “root culture” and grew into a modern enterprise integrating research and development, production and sales to attain their annual goals.
9. Nu Skin
Headquarter: Utah, US
Founders: Blake Roney, Sandie N. Tillotson, Nedra Roney, Steven J. Lund, Steve Lund
Nu Skin is a multi-level marketing firm situated in Utah that was founded in 1984. It deals with anti-ageing skincare products and nutritional products.
The company has two brands, Nu Skin and Pharmanex and develops and sells personal care products under these brands.
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.
Interestingly, Nu Skin was listed among “Top 100 Trustworthy Companies” by Forbes.
10. Tupperware – MLM Companies
Founders: Earl Tupper
Tupperware is one of the oldest and best-known MLMs. People have been hawking Tupperware since the 1950s.
The company’s 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.
Here we found just general facts and figures. But, what are the real facts in the Network Marketing industry?
So, let’s look into the real facts showing the performance of MLM companies.
Why they are on this list?
Because they used the latest network marketing success tips to grow their business globally and they really proved it.
Who is the No.1 MLM Company in the World?
Every company on the above list is amazing, but here, I present some financially strongest Multi-level Marketing companies in the world.
I researched and referred to many journals and annual reports of various top and best MLM companies and found some interesting facts.
Let’s have a look at that,
Which is the Strongest MLM Company by Total Revenue?
By, analyzing the financial statements and by referring to some journals, we could find that Amway is the monster by Total Revenue.
Also Read: Fastest-Growing MLM Companies
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When joining a network marketing business, it is vital you join a legitimate company and not a scam. This is why the top MLM companies noted above are so important because they are highly recommended by network marketers in 2022.
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