MLM means multi-level marketing which is a pyramid shaped marketing strategy where the profit comes from two sources of revenue. One is the salespeople that the MLM company has recruited who directly sell the products to the customers by word of mouth marketing and personal relationships. The second source is the other salespeople that the participating salesperson has recruited to become a distributor for the company. Therefore, the MLM salesperson not only sells the products but also recruits other distributors. MLM allows people to earn money without any professional knowledge of marketing. MLM has always been mired in controversy because many MLM companies have turned out to be frauds.
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Benefits of Joining a Multi-Level Marketing (MLM) Company
Some of the major benefits of joining an MLM Company are listed below
- The first and the most significant benefit of joining a multi-level marketing company is that these companies provide you with the residual income and the benefits are received till perpetuity. This means that you will receive income till the company lasts.
- The second important benefit of joining an MLM Company is the fact that these companies provide training and support to the people who join MLM Company. This support is certainly very beneficial in all the domains of life.
- Many of the companies also provide you with online marketing tools and they can come hand to you while you are marketing your own products. You would not have to spend a huge sum of money to acquire those tools.
- With time, your knowledge base would also enhance and this is certainly another benefits. The knowledge is surely going to help you in your future endeavors.
- MLM companies also provide with online training resources and they also arrange seminars and conferences for the people and you can certainly take the benefit of these sessions.
- The Startup cost is also quite low and in addition to this, you are not bound by the fixed working hours when you join MLM Company. This certainly acts as another great advantage.
- Lastly, you can start this as a part-time business and in addition to this, you do not need to have an office as well to work for an MLM Company.
This is the list of the top ten best MLM companies in India.
RCM was established in the year 2000 and has emerged as one of the popular MLM companies in India. It has its headquarters in Rajasthan. The company deals in home appliances, textiles, accessories, stationery, footwear, plastic items, health products, eatables and cosmetic products. The company is tenth in this list.
9. RMP Infotec Private Limited
This company was established in the year 2001 and is based in Chennai, Tamil Nadu. It is a very successful MLM company in India. The company sells various home, kitchen and cosmetic products. The company is placed ninth in this list.
8. Dewsoft Overseas
Dewsoft Overseas is based in Delhi and was started in the year 2000. This is an Indian IT firm that is involved in the MLM sector. The company offers softwares for various purposes such as online examination, online education, website building and many others. The company has an experience of 15 years in MLM and has flourished by virtue of its team of professionals.
7. Hindustan Unilever
Hindustan Unilever was established in the year 1933 and is based in Mumbai. Apart from being an MLM company, Hindustan Unilever is also a famous producer of consumer goods. The company has a vast distribution network encompassing about 500 cities in India. The businesses and services of the company include creams, shampoo, capsules, make up items, cosmetics, skin care, health care, fragrance, body care, etc. The company is known throughout the country for its good quality products.
Avon is a very popular firm in India and the world. This company was established as way back as 1886 and started its operations in India in the year 1996.The company is based in New York, USA. The beauty and cosmetic products of this company are counted among the best in India and the world. Their products include lipsticks, eye liner, mascara, nail paints, fragrances, foundations, sunscreen lotions, powders, body cleaners, eye shadows and many more. Avon is present in over 100 countries in the world. The company provides opportunities to women to work on their own terms and also enables them to get access to the company’s various beauty products. The customer base of the company is over 7 million.
Amway is an American company that was established in the year 1959. The company is headquartered in Michigan, USA. Their products span different categories such as health and nutrition, personal care, beauty, home and other products. Amway India has about 500 direct and 1650 indirect employees. The company allows their sellers to work from home and also conducts training programs for their direct sellers. Its nutrition brand named Nutrilite has become popular in the country.
4. Modi Care
Modi Care is a part of the Modi Group which is a vast business conglomerate based in New Delhi. Modi Group was established in the year 1933 while Modi Care was founded in the year 1996. Modi Care is one of the country’s leading direct selling companies. The company sells various products in many categories such as food and beverage, auto care, nutrition, home care, personal care, laundry, agriculture, health and wellness, cosmetics and skin care. The company operates 40 centers which provide the products to over 2700 cities in India.
Tupperware is another popular MLM firm in India. This is an American company that was established in the year 1948 by Earl Tupper. The head office of the company is located in Orlando, USA. The company offers a wide range of products such as canisters, dry storage, aquasafe and other kitchen related products. Appliances such as microwave, refrigerator and freezer are also offered by the company.
Herbalife is an American multinational MLM company that was founded in the year 1980 by Mark Hughes. Its headquarters is located in Los Angeles, USA. The company manufactures, markets and sells various products such as sports nutrition products, weight management products, nutrition supplements and personal care products. The company employs 7,800 people worldwide and sells its products in 90 countries all over the world. The company has 3.2 million independent distributors. The company is very popular in India and is second in this list.
Oriflame is a reputed MLM company that was established in the year 1967. This is a Swedish company that is present in over 60 countries including India. Its headquarters is in Luxembourg, Europe. The company sells a wide range of cosmetic products such as skin care products, body care products, hair products, fragrances and accessories. The products sold by the company are known for their high quality.
The total revenue generated by the MLM companies in India amount to Rs 4000 crore. However, one should carefully select the MLM company he/she wants to work with to earn some money.