Network marketing, also known as multilevel marketing (MLM), is a distribution-based marketing network that includes direct sales and a downline of distributors. This type of business model has been around since the 1930s, when Carl Rehnborg created The California Vitamin Company, which was later renamed Nutrilite. Since then, MLM companies have grown in popularity and are now present in over 88 countries. The success of these companies is largely due to the favorable attitude of consumers towards the direct sales industry.
In addition, these MLM companies provide distributors with a great opportunity to earn consistent revenues based on their production. As you can see from the list of the top 100 direct selling companies and MLM organizations, about 56% of them belong to the United States. This ensures a high acceptance rate of the MLM industry in the US, as well as a source of income. When comparing the list of top 100 companies with historical data, some of them have experienced positive growth while others have seen negative growth.
However, with better prospecting and marketing tools, these companies will find subtle shifts in growth peaks. Epixel MLM Software has helped more than 100 network marketing companies succeed by automating their business processes. Let the Epixel MLM Platform revolutionize your MLM business with 100+ proven features intelligently optimized for small, medium and large businesses. Network marketing opportunities are growing rapidly around the world and some of the main companies involved in this type of network marketing are Mary Kay cosmetics, Avon cosmetics and Pampered Chef kitchen supplies.
These major players in the global network marketing industry have maintained their leadership positions for the past decade. Amway has allowed companies like Panasonic, Palmolive and MasterCard to include network marketing in their omnichannel marketing strategies. The 26 best network marketers on this list had incredible leadership skills, they connected people, they had incredible vision, and that changed their lives and their network. There is a certain stigma attached to the network marketing business, especially those with multiple levels, which can be characterized as pyramid schemes.
In reality, they have a key difference: while pyramid schemes require people to invest in a false promise of wealth, MLM organizations sell real products or services that distributors believe in.DXN is a Malaysian network marketing company operating in more than 180 countries with more than seven million distributors and more than 1,500 employees. These network marketing companies are likely to have a promising future in the direct selling industry for the next decade.