New MLM Industry - 2022

New MLM Industry - 2022

Top 100 MLM and Direct Selling Companies in the World in 2020

What are the top 100 MLM and Direct Selling Companies? Who is the No 1 MLM company in the world?

Every multi-level marketing (MLM) company in the world aims to expand its customer base and garner the highest-possible revenues. However, only a select few manage to attain this status. In the world of network marketing, finding success is easy in the initial stages of promoting a business or a product. Staying successful in the long run is a different ballgame, altogether.

Thousands of MLM companies from different parts of the world have announced their success stories. And, we’ve listed down the best of them. The most successful network marketing companies in 2020 have several things in common. But, they primarily showcase their strife to stay in the network marketing business for the past decade or more. These network marketing companies are likely to have a promising future in the direct selling industry over the upcoming decade.

Before we take a look at the top 100 network marketing companies of 2020, let’s have the five key global leaders in the MLM domain.

Top 5 Network Marketing Companies of the World in 2020

These top players in the global network marketing industry are retaining their leading positions for the past decade. These MLM companies are focused on growing customer base and allowing independent entrepreneurs in business growth by using their networks.

MLM has always been about providing network marketing salesforce to businesses or products. These top 5 network marketing companies are primarily concentrated towards providing their networks to healthcare and personal care businesses. They’ve supported entrepreneurs, gained the trust of customers, and symbolized reliability in their journey so far.

5 Nu Skin

Net Worth – US$ 4.68 Billion (as of 2018)

Nu Skin Enterprises is a leading US multi-level marketing company, operating mainly in North America and South America. With a network of 1.2 million independent marketeers, it distributes and sells dietary supplements and personal care products. It has established products under its Pharmanex brand. The Nu Skin network marketing diaspora is spread across 54 markets and over 500 marketplaces.

4 Herbalife

Net Worth – US$ 4.9 Billion (as of 2018)

One of the oldest in the business, Herbalife has gained an iconic position in the network marketing industry. Despite being levied into global trade controversies, the MLM company stays unbeatable with its sales of nutritional products. It gained US$250 Million net worth in 1996, becoming the pioneering success in the network marketing industry.

3 Avon

Net Worth – US$ 5.5 Billion (as of 2018)

In 2018, Avon and Avon Products generated annual sales worth over US$ 5 Billion value, becoming the world’s fifth-largest company in beauty care. Currently, Avon operates in MLM front with over 6.4 million sales representatives. Due to its aggressive marketing strategies, it is dubbed to be the second-fastest direct selling company in the world, after Amway, in terms of sales growth.

2 Market America

Net Worth – US$ 7.3 Billion (as of 2018)

Despite facing a federal racketeering lawsuit in recent times, Market America leads the MLM competitive landscape by bringing in billion-dollar annual sales revenues from each of its operating markets. It operates in Australia, Singapore, China, Taiwan, Mexico, Spain, and Canada. It is also interesting to know that Market America bags the second spot in this list with a global sales force of just 180,000 representatives.

1 Amway

Net Worth – US$ 8.8 Billion (as of 2018)

Hands down, Amway is the biggest MLM company of all time! It has dominated the network marketing industry for the past fifteen years. Along with its sister concern – Alticor – Amway soars ahead by being the only MLM company to have the highest number of business partnerships and affiliated companies. Its million-strong sales force operates in more than 100 countries around the world.

The 2020 List of Top 100 MLM Companies in the World

The following list ranks the 100 best MLM & Direct Selling companies of 2020, based on 2019 revenues. The list also provided their estimated net worths as of 2019-end.

S4DS Software Solution is the one-stop software your Direct Selling company

Top Ten MLM Company - top ten MLM company

MLM is an extremely competitive industry by nature, and those attempting to start network marketing businesses from scratch will undoubtedly encounter many problems simply finding MLM leads who are interested in their MLM opportunity. This is all thanks to the negative image people have come to have of the industry in the last ten or twenty years. So how should you go about looking for MLM leads interested in your MLM opportunity? The simplest answer to that would be to look for those people who already know and understand what MLM is and therefore are not resistant to network marketing ideas. Some of the people who fall under this category include: * Those who have had a go at network marketing previously and while they may not have been successful in their previous attempt, they are still interested and looking for another opportunity. * Those who are already part of a network marketing opportunity but are not satisfied with their current opportunity and are looking for a more capable upline from whom they will be able to learn more. * Those who were previously part of a MLM company that shut its doors for whatever reason and they are now looking for a new opportunity to start over with. Anyone belonging to one of these 3 groups falls under the category of your target market, meaning that they are actually interested in MLM and know what it is all about. Tips for Targeting People Interested in MLM The question to ask then is how to target these people and whether you will be able to convince them to join your MLM opportunity. Often, those new to the network marketing industry try using the comparison tactic to entice potential leads to enroll in their network marketing opportunity. Their pitch involves telling people, "My product or service is much better than yours; you get more compensation under my plan; my management team is more capable and my upline is more effective at 'closing' prospects than yours is." This approach is usually ineffective because it is difficult to convince someone who is not willing to be convinced. Even if you do manage to convince them, you cause someone a loss of pride because they've lost the argument and this paves the way for ill feelings. A much more effective method of prospecting is to first establish yourself as an expert in the field of network marketing. This way, you present yourself as having something of value to bring to other people, and they will be more inclined to take you seriously. The idea is not to get into arguments about whose company is better, but to build rapport and better business relationships. When your prospect is able to see that you are offering something that will better their lives such as greater knowledge or income, then they will be much more likely to become a part of your network marketing opportunity sometime in the future. Did you know that 95% of Network Marketing businesses fail because of lack of personal coaching, being taught the wrong way to market their business, and not using the right system?

How to Locate MLM Leads Interested in Your Opportunity By Carlo Leon Guerrero

MLM is an extremely competitive industry by nature, and those attempting to start network marketing businesses from scratch will undoubtedly encounter many problems simply finding MLM leads who are interested in their MLM opportunity. This is all thanks to the negative image people have come to have of the industry in the last ten or twenty years.