Top 10 Network Marketing Companies Right Now
Article by davidmwood
David has written 345 awesome articles for us at David Wood's MLM Marketing Prosperity Blog
October 7, 2011 • 23 Comments
Network marketing is an industry full of dreamers, visionaries, innovators, hypocrites and utter fools. It’s an attractive industry for many; stay at home mums, business enthusiasts, 9-5′ers and general entrepreneurs. So what makes Network Marketing so damn popular?
Well three reasons…
You can work from anywhere, the startup costs are ridiculously low and you really don’t need any experience with anything to get started.
…That’s why Network Marketing rocks, but here’s the key reason: LEVERAGE!
The Network Marketing industry provides leverage like no other. Seriously, how else can you have several thousand people under you working their butts off to make you more money?
The answer is no other industry on the planet, but it’s not easy. You’ll run into many problems as a Network Marketer and the first you need to deal with is choosing the right MLM company. I’ve been in countless MLM companies, some good and some bad.
Before I achieved true success in this industry, I struggled for years. I know I can’t exactly blame the companies I was with because they were all great. In fact, most of the companies I got involved with had multiple 7+ figure earners.
The problem was that I didn’t feel passionate about what I was doing. So you absolutely need to spend some time figuring out which company is right for you. With that all being said, here’s a list of the top 10 MLM companies right now. (The list is not from my personal preference, it’s been compiled from the companies revenue and global reach)
Avon is one of the largest MLM companies in the world. Why is it number 1 on the list? Well because it’s been reported that Avon’s corporate revenue exceeds $10 billion dollars and has a large network in almost every country in the entire world. Avon was founded back in 1886 and is stronger than ever before. It’s not the oldest, but the second oldest MLM company in existence. Avon’s products mainly consist of jewelry and beauty products. It’s a great company and a lot of reps are doing well, while many others are failing miserably. It’s all about working the system.
Amway is ginormous and decades old. They completely revolutionized the Network Marketing industry and continue to grow like wild fire. Their reported earnings are over $8 billion dollars which is pretty substantial in my book. They are based in the USA and sell just about everything. From personal care, home care, toothpaste, soap and vitamins. They are huge, very popular and an excellent company to get involved with.
Vorwerk is a German based company that was founded in 1883. It actually has a sister company called Jafra which was also founded back in 1883. Just 3 years older than Avon, they are the oldest MLM company in the world. I honestly don’t know that much about them, but the two companies are very different. Their revenues are just under $3.5 billion dollars and Jafra sells cosmetics while Vorwerk specializes in appliances. Weird model!
4. Mary Kay
I think we’ve all heard of this one. You know, that skin care/cosmetics company that was founded a gazillion years ago? Yah, Mary Kay is huge and their reps are everywhere. They’re in every country, in most cities, there’s probably a Mary Kay rep in your circle of friends! It’s amazing, whenever women get invited to a girls only “party” they get pitched on joining Mary Kay.
Herbalife is another giant who’s been around for a little over 25 years now. They are basically a health company that specializes in weight loss, personal care and BS vitamins. They’re not really BS, but I just despise all vitamin companies. They have a huge network of representatives all over the globe and I’ve known several of them who’ve all failed nicely. From what I’ve heard, as a rep you’re not taught much about recruiting. They are pretty old school in that sense. However, the company is as solid as a rock and you’ll definitely hear more about them if you’re just getting started in the world of Network Marketing.
6. Primerica Financial Services
There are a lot of financial service MLM companies. Too many in my opinion as they all offer pretty much the same deal. Above all, Primerica has made the biggest impact in the MLM industry. They aren’t exactly global right now, but have generated revenues over two billion dollars. They offer all kinds of financial packages and a great opportunity. They’re based in the US and operate heavily in North America. I have nothing against them, but also haven’t heard much about their opportunity.
Tupperware is another Amway, Herbalife, Avon or Mary Kay. They took the industry by storm and are freaking everywhere! Tupperware is pretty strange if you ask me. Who would have thought plastic storage products would be the face of a multibillion dollar MLM company? Yeah, Tupperware make and distribute plastic storage products through the power of Network Marketing… They offer a great opportunity, but if you want my opinion… I’d feel like a right jackass strolling into my friend’s home with a bunch of plastic. It’s not exactly appealing, but it works very well considering their revenues are at around 2 billion.
8. Natura Cosmetics
It’s funny because I’d never actually heard of the company Natura cosmetics until I decided to write this list. Natura are also pushing around $2 billion dollars yearly and they’re based in Brazil. It’s the only MLM company in South America that’s in the top 10, their products range from personal care all the way to cosmetics and fragrances.
I honestly don’t know that much about Oriflame. Apart from they’re a Swedish company that does a lot in annual revenue. Oriflame is another beauty product company that’s proven to be very popular all over the nation. Again, I wouldn’t be too happy promoting beauty products. Definitely a great company for women looking to get started in Network Marketing.
10. Forever Living
I hear so much about Forever Living, they’re constantly in the “MLM News”. A gigantic company that generates over 1.6 or 1.7 billion dollars in annual revenues. They have a variety of products that range from weight loss, skin care, cosmetics and even nutritional supplements. If you’re in North America the chances are that you’ve already heard of Forever Living. Great company, great products, they are constantly growing at a steady pace.
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