Multi-level marketing commonly known as MLM refers to a business model where sales personnel are involved in direct selling of the product to the customers and referral marketing.
In MLM, the products or services of the company are marketed by the sales promoters to other people in relation known as referrals by means of ”Word of Mouth” marketing. Majority of multilevel marketing companies require sales promoters to produce a down-line of promoters that looks like pyramid.
Here the sales promoters are rewarded not only for the sales generated by them but also for the sales generated by promoters in their hierarchy. Thus, payment structure of MLM benefits each individual in the hierarchy receiving commission in the appropriate proportion where folks seating on the top of the pyramid get intense earning opportunities.
Beware of MLM Scams
Lot of MLM companies in India are in hot business these days. While in the other hand MLM has always been mired in controversy because many MLM companies have turned out to be frauds. So beware of these scams companies and choose the right from the top MLM companies in India.
Here, the word of caution is that before you join any company, know their products, marketing plan, and undergo review by talking with people who have been working with the company and people who actually use the product of the company.
MLM business has become popular in India and accepted by lot of people as a part time business. It has become an option for extra source of income. In this earning system where promoters can make their schedule and make money in accordance with time they devote. Over a period, several people have ended up leaving their 9*5 jobs to devote more in business level marketing.
Let us find out the reasons that make people to leave their permanent job:
· Opportunity to earn unlimited income
· Ability to develop residual income
· Freedom to work from anywhere at anytime
· Low start up cost
· No specific qualification needed
Here are top 10 MLM companies in India:
1. Mi Lifestyle Marketing Pvt. Ltd.
Mi Lifestyle Marketing Pvt Ltd., is a direct selling business that offers a comprehensive range of lifestyle products directly to the consumers. This company operate through a streamlined procedure where their registered distributors introduce new customers to the company and get them registered in the customer network. By doing so, they not only gain monetary benefits by selling products, but also become entitled to various other income opportunities like sales matching bonus, over-riding bonus, performance bonus, royalty, rank income and much more. Apart from that, the distributors get the company product/services at discounted price.
Also company has a simple ‘Customer Registration Process’ through which they add new customers into their customer network. These customers get all the rights as a consumer and privileges being a registered customer. They can also solicit for the distributorship if they want to earn an extra income by becoming our registered distributor.
Website : www.lifestylemarketing.co.in
Amway being one of the spearheads in direct selling companies not only in India but in world and was founded in November 9, 1959 by Rich DeVos and Jay Van Ansel. The products of the company include huge amount of variety of goods ranging from vast subunit Nutrilite, Amway Queen etc., The company has gained a huge amount of revenue of US$ 9.5 billion as in 2015. And services provided all over world and India and this is the company which has more number of door to door sellers in India and the excellence is also really good. The company also sells house cleaning merchandise, health and beauty merchandise also. Recently the also started to sell their own water purifiers named as eSpring and started to sell their own energy drink called as XS. Even they use technique such as multilevel marketing including advertising and door to door service.
Website : www.amwayglobal.com
Avon is one of the very oldest direct selling companies of the world founded in 1886 founded by David H.McConnell and the company sell products for personal care and beauty products. The company has a total revenue of US$ 9.955 billion as on 2013. Avon uses both door to door sales person and even models for advertising and even sell brochure for selling purposes. They use multilevel marketing technique for profit. They also started toward breast cancer in 1990 and expenditure over their research.
Website : www.avoncompany.com
4. Modi Care Ltd.
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.
Website : www.modicare.com
5. Tupperware India
Tupperware is another MLM firm in India. The company was founded in 1946 in Orlando, Florida, US. Their products generally include range of food storage cosmetics, personal care products, etc., And the revenue of the company was $2,300.4 million, Tupperware sells overseas and includes offices in Africa and Latin America and more than 100 countries. In 2008 the company received “Most Favourite Brand by Women” and “Company with the Best Corporate Face” due to huge success rate in India and China.
Website : www.tupperwareindia.com
The company started operation in 20014 is one the leading direct selling companies in India with leading class health care, personal care and cosmetics products. It is growing at a phenomenal rate in Indian market. It’s a ISO 9001:2008 certified company and has customers all over insia. With over 200+ sales outlets and several distribution centers. It is a proud member of IDSA.
Website : www.myvestige.com
7. Dewsoft Overseas
Dewsoft Overseas is based in Delhi, India and was started in the year 2000. This is an Indian IT firm that is involved in the MLM sector. The company offers software’s for various purposes such as online examination, online education, website building and many others. The company has an experience of 16 years in MLM and has flourished by virtue of its team of professionals.
This IT Company has an Alexa rank of 30,144K in India and often called as one of the best direst selling companies in India.
Website : www.dewsoftoverseas.com
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.
Website : www.herbalife.co.in
9. Oriflame India
Founded in 1967 a company from Switzerland shaped by Jonas Af Jochnick and Robert Af Jochnick. It’s generally a company which has been interest in selling cosmetic, food supplements. It’s one the leading beauty products selling companies of the world and has deep in India too. And services providing centers all over India. It’s been selling products ranging over more than 50 countries.
Website : www.oriflame.com
10. Forever Living Products
Founded in 1978 and located in Scottsdale, Arizona, Forever Living Products, through its group of global companies is the largest grower, manufacturer and distributor of Aloe Vera products in the world.
For almost 40 years, company has dedicated seeking out nature’s best sources for health and beauty and sharing them with the world. With a commitment to quality and purity, they are passionate about helping everyone around the world look and feel better.
Website : www.foreverliving.com