Not all MLM companies are created equal. Many see an initial burst of success followed by a gradual tapering off of profits, causing them to collapse and go out of business. MLM companies that succeed have sound business models, both for those who run the company and for those who sell product and recruit new sales agents. There are many sites devoted to MLM rankings, creating lists of companies likely to provide a return on investment to sales agents interested in the industry.
A group of health care and business professionals founded doTERRA Earth Essence in 2008. They shared profound personal experiences with the life-enhancing benefits of essential oils, and the MLM’s first offering of essential oils – 25 single oils and 10 oil blends – was then introduced. In addition to new oils and blends, product offerings include nutritional, spa and healthy living products.
At the time of release for this article, not all companies in this list have released their 2017 earnings, therefore we’ve used the 2016 earnings that are available. For a few of the companies who have gone public with their 2017 stats, we’ve included that in their descriptions. When all companies have released their earnings we will uppdate this list.
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Tracy Willard of California began her MLM career out of necessity. “Prior to getting involved in my business, I told my friends to never let me join one of those things… but when our family was hit by the mortgage crisis I had to do something different.” She started her business with the intention some retirees may also find themselves. “I started with the idea that I just needed to make my month easier. My company helped me figure out what I needed to do in order to make an extra $500 per month.”
There are no monthly quotas to remain active as a Compassionate Entrepreneur. You just need to have an order placed through your website (in any amount) once every six months to continue to stay active. There is also a $13.95 a month fee for running our personalized website and marketing portal (which collects customer/hostess data and sends out automatic emails 3x a month), but the first month is free.
Then what? Since then, all fourth-grade teachers (and third, too) have joined in, gathering at Darlene's home with selected students to sort and pack orders. Last year's fundraiser covered a trip to the Adopt a Stream Foundation. This year, 125 students toured a local museum, and visited Fort Casey on the Puget Sound. "My kids feel a sense of accomplishment, knowing they make these things happen," she says. As student body advisor Darlene also spearheaded a fundraiser to benefit an 80-year-old school volunteer who'd retired. The money bought bulbs, mulch and a garden bench for the woman's yard, and the kids helped plant it all. "For me, Avon provides the means to give back," she says.
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But please do a little research before you blanket insult an entire industry or business model. I am a single mother with a 6 figure income because of MLM, nearly twice that when I’m actively working my business with both of the companies I represent, and while not everyone has the skill set to succeed in this business, the potential is certainly there, for those that do.
LegalShield is an America-based business that sells legal service products using the MLM approach and is one of the oldest multi-level marketing companies in the US. It develops and sells pre-paid legal services through about 7,000 attorneys located all over the US. The company’s founder, Harland C. Stonecipher, started LegalShield in 1969 after being involved in a car accident.
A good MLM will have more than a few products to sell. They will have more than market sector covered (not just nutritional supplements, water filters or essential oils). They will also have other major retailers that they market for. The money those major corporations spend on the annual marketing, will be paid out to the MLM and their distributors for their sales & marketing efforts and results. That is where those companies will get
Freelancing — This is another at-home gig I love to recommend. Freelancers provide some sort of service, and often they’ll do it online. Freelance jobs include things like web design, bookkeeping, social media management, and being a virtual assistant. Even if you don’t think you have marketable skills, all it takes is a conversation with someone about what you know how to do, and you’ve got the potential for a freelance business. Plus, you can always deep-dive into something that interests you (Facebook ads, landing page design, marketing on Pinterest, podcast production, and more) and specialize in that area. You can even freelance as a customer service representative for other online entrepreneurs!
Taylor researched the investment required to launch an effective business-building campaign for a recruitment-focused MLM (a company that places compensation and incentives on recruiting a "down-line," as well as selling a product). He estimates a minimum of $25,000 in total expenses that include incentives, products, phone, internet, giveaways, computer supplies, advertising, and travel etc. To come up with this figure, he joined a recruitment-focused company and worked full-time with the business for a year.
Good question, but the precise answer is unknown. It is a unknown because every week, some companies go out of business and others launch. There is no up-to-date listing of them all. Any list you may find excludes companies in business and includescompanies that are no longer in business. I have heard over the years that there are between 700 and 1,500 active MLM companies in the USA. If you are thinking about joining a company as a representative, read this…
Oh I understand it. No different than mine...except we are not capped at 180,000 a year. Our commissions are not capped at all...only our bonus cycles. Those are capped at $624,000 per year per business center. there are still levels...you get your two people that is level 1 they get their two people that is their level one your level two. Volume flows up 100 percent...well that is only fair. Who would want to be part of a MLM where everyone didn't have an equal opportunity to succeed and earn. Your earnings should be able to exceed that of your sponsor....if they can't, then it isn't really your own business is it? The thing is...my company doesn't promote deceitful practices...like telling people it isn't a multi level marketing business when it is. You can't earn unless you create one level (that is your two coaches) they can't earn unless they create one level....this creates many levels/layers. Call it what you want, but it is what it is and we do not deny it!
I have been reading a lot about DSD the last few days and am almost ready to signup. My biggest concern however has to do with paypal withholding funds during the first few months. That is, a person sales items at profit on ebay, then goes to Amazon to dropship the items to the customers, but can’t use the funds that they received from sells on ebay to make the purchase on Amazon because paypal is holding the funds until proof is brought that the sold item has already been shipped.
I thought I would include Alliance in Motion because it has the most votes by the public over at BusinessForHome with 10,308 votes, but not only that, I want to include this company because it’s based out of the Philippines, which is the fastest growing country for MLM, with 31.3 percent growth and 1.0 Billion in sales based on data from MLMLeads.com.
AMWAY – Amway is a pioneer in the MLM industry. It was created way back in 1959 and now considered one of the top 10 MLM companies in the world. The company had a reported earning of at least 8 billion dollars with a network of members that is growing on a daily basis. Amway is considered the second biggest MLM company in the world when compared the revenue generated. The company runs its own production facility in the U.S. with many products in home care, personal care and nutritional supplements.
The aforementioned are some of the best MLM companies in the world currently. You need to perform some research before joining the most suitable MLM company which would depend on the products you choose to promote. Hard work and some dedication to the cause would eventually bring great results and good profits for you and your company. Check out these companies right now.