The 2020 List of Top 100 MLM Companies in the World 2020 Rank. 2019 Revenue. Amway. US$ 8.8 Billion. Market America. US$ 7.3 Billion. Avon Products Inc. US$ 5.5 Billion. Herbalife. US$ 4.9 Billion. Nu Skin. US$ 4.6 Billion. Infinitus. US$ 4.5 Billion. Vorwerk. US$ 4.3 Billion. Natura. US$ 3.6 Billion. Pharmaex. US$ 2.6 Billion. Coway.
Multilevel marketing is a legitimate business strategy, though it is controversial. These schemes involve taking advantage of people by pretending to be engaged in legitimate multilevel or network marketing . You can spot pyramid schemes by their greater focus on recruitment than on product sales.
2020 DSN Global 100 (based on 2019 revenues)
|2020 Rank||Company||2019 Revenue|
|3||Avon Products Inc .||$4.76B|
Amway . Amway is one of the biggest, and perhaps most profitable MLM Companies across the globe. It offers more than 450 high-end products from different niches such as homecare, nutrition, energy and sport, and lastly, the beauty niche.
Top 100 MLM Companies Ranked By Revenue (2020)
|1||Amway (Review)||$8.40 B|
|2||Herbalife (Review)||$4.90 B|
|3||Avon Products, Inc . (Review)||$4.76 B|
New MLM Companies 2020 – Everything You Need To Look It For #1. Enersource International. Year Launched: 2016. #2. iCoinPro . Year Launched: 2017. #3. Jerky Direct. Year launched: 2016. #4. Lifebrook . Year Launched: 2017. #5. MyClub8. Year Launched: 2017. #6. Nevetica. Year Launched: 2017. #8. Vasayo . Year Launched: 2016.
MLM businesses operate in all 50 U.S. states. Some sources say that all MLMs are essentially pyramid schemes , even if they are legal. The U.S. Federal Trade Commission (FTC) states: “Steer clear of multilevel marketing plans that pay commissions for recruiting new distributors. They’re actually illegal pyramid schemes .
Sixty- three percent of participants join MLM companies to make money by selling the product or service to others. One-quarter ( 25 percent ) made a profit. Of those that made money, more than half ( 53 percent ) made less than $5,000.
Some MLMs are illegal pyramid schemes. Most people who join legitimate MLMs make little or no money. Some of them lose money. People who become involved in an illegal pyramid scheme may not realize they’ve joined a fraudulent venture, and typically lose everything they invest.
Top 500 The Fastest Growing Direct Sales Companies in 2020 (Percentage)
|1||Crowd1||Revenue 2019 90|
|2||VYVO||Revenue 2019 53|
|3||iBuumerang||Revenue 2019 30|
|4||BizzTrade||Revenue 2019 19|
Here are a few other tips to help you improve your multi-level marketing ( MLM ) and recruiting efforts within the world of direct selling: Brush Up on the Realities of MLMs. Find a Company With a Product You Love. Be Genuine and Ethical. Don’t Barrage Your Friends and Family. Identify Your Target Market.
the simplest answer is that the product lines are typically much, much smaller than the large national brands. Smaller production typically means higher prices. For the record, most people are under the impression that the higher prices are due to the commissions being paid out to the distributor force.