Top Network Marketing Companies
A Glimpse At The Top Network Marketing Companies In The World
There are plenty of debates over which network marketing brand really is the best. The main points of contention seem to focus around whether the best is the largest, highest earners, oldest – the list goes on and on. This article provides a detailed look at some of the top network-marketing companies also known as MLM and Direct Sales companies.
These companies were picked because they have had profits of over 1 billion dollars a year. They are also some of the best known companies by name and the quality of their products in the world.
Top 5 MLM Companies
Founded in 1886 by David H. McConnell in New York, Avon is an American international manufacturer and direct selling company in household, personal care and beauty categories. Each year, this multi-level marketing company registers global wholesale revenue of about $10.3 billion through its 6.2 million distributors and 42,000 employees worldwide. Avon uses both door-to-door sales people and brochures to advertise its products. The brand is by far the most recognized worldwide due to the provision of stores in over 100 different markets.
Whereas Avon started the process of direct selling, Amway were the first brand to master network marketing. Founded in 1959 by Jay Andel and Richard DeVos, this brand generates over $10 billion in annual sales, and conducts its business through a number of affiliated companies in more than a hundred countries and territories around the world. Amway provides a wide range of products including nutrition, skincare, vitamins, hair care, makeup, body care, cleaning products , oral care, purifiers and cookware. The company has a unique culture and offers many additional trainings and education about marketing and selling to their sales representatives. Being an MLM brand, Amway pays its independent distributors for their sales as well as for sales turned in by independent distributors they bring into the business.
3. Mary Kay, Inc.
Mary Kay has been in existence for 51 years, and its network includes more than 2 million distributors in more than 35 markets. This company sells products through a multi-level marketing model. Mary Kay distributors can potentially make income by direct selling to individuals in their community, and also receive a share of sales made by individuals they recruit into the distribution network. Very much like Avon, the company manufactures high-quality cosmetic and skincare ranges and has become a household name in many countries. It’s a perfect MLM for modern women that are into personal care products.
4. Herbalife International
Herbalife is a networking company that sells nutrition, skin-care and weight management products. Founded in 1980, this company employs around 7500 individuals worldwide. Herbalife distributes its products in over 90 countries through a network of about 3.2 million independent distributors, some of whom earn profit on product sales and additional commission from an MLM compensation structure. Herbalife’s products are known for quality; though this does come at a price much higher than any of its competitors.
ACN, Inc. dominates the global market selling energy, technical support, digital phone service, television sets, wireless services, home security, high-speed internet connections and long-distance service. Based in Concord, North Carolina, this brand commenced operations in the U.S in 1993 as American Communications Network.
Youngevity has a strong representation in the healthy product area. Dr. Wallach, author of the book, Dead Doctors Don’t Lie is one of the founders of Youngevity. He found that the body needs 90 important nutrients for it to have terrific health. The company has been purchasing other network marketing companies and adding to its product line. In 2011 they purchased JavaFit Coffee and now own Go-Foods and a mineral make-up line.
7. Up And Coming
Team National is a up and coming network marketing company that sells a membership.
I hope this top network-marketing companies list will help you make an informed decision on which company suits you best. The key is to choose a company whose products sell successfully based on annual sales. You also want a company with little to no debt and has a good history in the MLM business.