Multi-level marketing is a business model used to market products and services directly to the customer.

Several small-level and enterprise-level MLM companies exist, selling different products and services that vary from beauty and personal care to telecommunications and energy services.

When it comes to compensation plans, each one is different and is dependent on factors such as network structure, product type, etc. The majority of the companies prefer unilevel plan, binary plan, breakaway plan as well as party plan.

Some companies adopt a combination of different compensation structures and elements to develop a hybrid compensation plan.

In this podcast, we discuss the top 100 MLM companies in the world based on the revenue earned by them for the years 2018 and 2019. Next, we read out some insights gained from studying the information on the table. So stay tuned until the end to catch up with some interesting insights on the top 100 MLM companies in the world.

Let’s talk about the top 3 companies on the list.

The first company is Amway which has been the top MLM company in the world for many years. They top the list with a revenue of 8.8 billion US dollars and made a positive growth rate of 2% compared to their previous year. Amway is still leading the pack and achieving further growth with their innovative business models, personalized products and new digital experiences for their distributors and customers. Amway follows the breakaway plan to manufacture and distribute health, personal, beauty, and home care products.

Avon comes second with a revenue of 5.5 billion US dollars. However, their revenue dropped by 3% compared to the previous year. Avon products include beauty, household, and personal care. They follow the breakaway plan.

The third company on the list is Herbalife and they earned 4.9 billion US dollars. They made 11% growth rate when compared with the preceding year. Herbalife products include beauty, household, and personal care. Their pay plan is binary.

And the list goes on. To learn about the complete list of top 100 MLM companies, click on the link given below to visit our blog “Top 100 MLM Companies in 2019”

And, what’s even more interesting is, the table incorporates many more details about the companies, such as their country, founder, CEO, achievements, social media stats, and more. The table also comes with an advanced filtering and sorting feature to obtain information about any company.

An interesting stat is 54% of the top 100 MLM companies are from US. So after performing a broad study on US companies, we have incorporated an attractive infographic in our blog.

Do you know? MLM industries are always a frequent subject of misconceptions. Direct selling industries have evolved from door-to-door selling, home party business, catalogs, and so on. Now, it’s through the internet and who knows what is next?

Let’s delve into MLM statistics, it gives you a clear picture of what networking marketing industry holds for us.

Multi-level Marketing has been popular for the last few years and several MLM companies have popped up as a result. Two MLM companies hit more than 100% growth rate in 2019, Naturally plus with 113% and Cosway with 107%. And 51% of top 100 MLM companies have recorded a positive growth rate.

Beauty and personal care are the segments with a wide range of products. This category is quite popular in the industry due to the ever-growing demands. Over 60% of MLM companies in the top list sells beauty and personal care products. Moreover, health, nutrition food & beverage, also maintain a competitive space in this industry with high growth rates.

From the year 2000, the rise of the MLM industry is quite attractive. 30% of the MLM companies in the top list are founded in 21 century, among that over 50% of companies made positive growth.

Women and network marketing seem to be a perfect blend. According to the World Federation of Direct Selling Associations (WFDSA), approximately 80% of distributors are women. Moreover, 13% of the top 100 MLM companies were started by women. At the same time, the number of men involved in direct selling is also growing significantly. It has reached a share of 25%, a decade ago it was just 12%.

Let’s check some facts about MLM business in US market

The concept of Multi-level marketing was primarily introduced in USA in the last 1920s, within no time it spread globally. 54% of top MLM companies are US based and more than 50% of them recorded positive growth. In 2018, US marked 1.3% growth in direct selling. Among the top 100 direct selling earners, 39 out of 100 are from USA.

Now hope you got an idea about the interesting facts behind the MLM industry.

Becoming successful and creating an impact in the MLM industry is not an easy feat. You cannot walk your path to success until you have built the path. No matter what stage you’re in, there are always successful people and companies that you can learn from. In these preceding insights, you can find the tales of successful MLM companies. After delving into these resources, we hope this collection of information will provide you some direction as you build a business that makes a positive impact in this world.

Have a good day