I’ve been with an mlm for two years. We learn from our mistakes right? I hope I never feel like I’ve “made it”. We could spend months trying to discover why people fail in their marriages, school, jobs, etc. Wickless, scented candles are blowing up, in case your older sister hasn’t told you already. comes down to leadership and the individual. Still, like Nu Skin, trends would show they’re past their glory days. What do you think about Modere? The compensation plan is most likely fair since it’s been around for quite a while(not necessarily though). In 2016, Mary Kay Cosmetics had revenues of $3.5 billion. I was in the Spa Industry and then the economy tanked in late 2008. So what’s your problem? Still, clap for ’em – they cracked the 25. It has become one of the largest catalog and online wellness retailers in North America. I was actually suprised u put EN up there in top three in the mlm world. Usana makes the list by sheer numbers ($918 million revenue 2015) (2). that is not MLM. Kay, Good insight but you lost me at “however i can see why your business didn’t fly as you had hoped…”, It was actually more than I hoped ($6k/mo) but the problem was exactly what you said: “but where else can you invest for such a small amount…and all you have to do is go get customers and recruit..?”. Otherwise seriously your writing is provocative. Why do u say Amway had a curious run? Savage AF? 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. I love working for this company!! It seems to me that in your assessment of the top 25 MLM that you had a preference for one essential oil company (Young Living) over the other (doTERRA) which outranked YL. Success rate isnt low my friend… Its just the quit rate is through the roof. Same is happening to power. You didn’t have Primerica Financial Services on this list at all.. Do you not consider us to be a mlm or do you think that we are that bad? Why do you think Juice Plus did not make the list for top MLM companies when they have been around for over 20 years with rock solid products? Hurrah, that’s what I was exploring for, what a data! Wow, this has turned into the most popular MLM article on the internet. If you quit any of these MLM companies for a whole year, Continue buying product but help no one set up a shopping account, even 2 years, will you continue to get paid by the company? Thanks for this post. And, to be clear, I don’t try to deter anyone, just give the facts and my opinion on things…and let people decide for themselves. Anyone with the know how do build other leaders can create such a network in very little time. as most every other successful mlm on the planet. I even changed teams to find the right mentor and coaching when I knew I was struggling. But I’m growing this business because I truly believe in the products and use them every single day. It sounds appealing however there are many many . No glitz and glamour, just practical savings. But they keep on trucking, going from one MLM to another hoping that this is the one that makes them tons of moolah. I’m a new Advocate with doTERRA, as is my wife. Its just enough already. In 2016, the number of consultants fell by 7 percent to 3 million. I recently read this in the leadership magazine and I love it. I have a product that I truly believe in. Got so passionate I qualified as a beautician and onto other certificates then I discovered essential oils.. Oriflame is a Swedish beauty company with a presence in 60 countries. Okay, I just put my tea down and left the Buddha bar, no more conscious rants, I promise lol. Before viewing our rankings, watch this video. He said Doterra is the best oils company and his top MLM pick for 2017. Hi Jeremy great article. With numbers like this, it’s no wonder it tops the list for 2020. Would you provide your thoughts, synopsis, and ranking of Team National? With such rapid growth did they at least break even or profit? Don’t think “rural America” should inhibit your success in MLM in 2017. I’m curious as to where you predict Lularoe to be, in the near future. I disagree with that jeremy i would recommend MLM over working a Corporate 9 t0 5 $300 weekly paycheck job anyday. I have been in a lot of MLM’s over the years and out for the last 15 years. Love your passion for this industry. You obviously stay up to date on MLM happenings! Don’t be. Customer service and support: This functionality consists of a set of tools that allows you to cater to customers' needs by tracking their interactions with your company to focus on creating the best possible customer experience for each individual. When you have a great product, a passion and purpose that drives you everyday, are teachable and coachable, and love others as much as you love yourself, you can be successful in this business. Like Ambit Energy, it uses an MLM model to sell electricity and gas service. Its founder and CEO, Frank VanderSloot, has a net worth of around $1.9 billion, making him the wealthiest person in Idaho. Number three on the Global 100 is Herbalife, with $4.5 billion in revenue in 2016. I feel that it is a company with high standards. Averagely, your cost with MLM in a single bottle will be around 25x-30x more. I spent about 3 years selling Amway back in the 70’s. The only comparison I see are the “levels” of customerS in my group. Had a good run, hope he can shake off whatever he is going thru. You can build a solid foundation from your warm market & then it snowballs. many lead generators out there, some that are well established (and very good at what they do) and so my question is why would I pay you to train me for 5 weeks and think I could compete (let alone generate income) in the short period you mention? I’ve been working with Arbonne now for quite a while and none of those comments apply to this company, which is why I believe they have survived and are only growing at this point, despite some people’s opinion that they will soon be relics like Mary Kay. If there is a tie in revenue,we then use the other factors as deciding. Comments like these remind me of rants about presidential elections from people who are entirely clueless about the platforms of any of the candidates, save what they see in their friends’ Facebook feeds. “Melaleuca” A nasty lawsuit seemed to divide the company (1), but they’re still hanging around as one of the better skin care options in network marketing. I would continue to purchase even if I never got paid a cent from them. They have a patent on blood sugar level reading coming out in q4 2017. Save my name, email, and website in this browser for the next time I comment. Ask any Wealthy Affiliate member if they’re MLM and they’ll probably cuss you out. Why not just soley promote what you are doing? Only the top people bear the fruits of labour. In 2016, its sales continued to fall, to $8.8 billion. Thanks for all the research, it was fun to read. Jeremy I know hundreds of people in Amway under thirty and numerous winners who retired before thirty. I think it’s safe to say if you do another article like this you would do your readers a great service by checking Plexus out. Word of mouth is working, right? Doterra is a 1 BILLION dollar company in how much time? Nor do I want to be, you must be all In to make it work. Even MLM-cynics need to show love for a product that rids wrinkles: This live demo (12) is impressive. People will always want to look younger, and Instantly Ageless cream continues to make waves. Interesting list. We are trained to NOT pressure any one to buy or get into the business as a representative. The company is proving popular in China, where sales were up 31 percent. Don’t be fooled by the rebels who are selling old Melaleuca products on Amazon for way above the retail price!! Other than that, great info, but I’d have to respectfully disagree with the logic behind not being a part of an MLM. Lost opportunities? The UK’s Telecom Plus had revenues of $1.12 billion in 2016 (744.7 million GBP). I currently do mlm part time with an mlm which has so far been working wonderfully. Then, the company takes it away from you. Here’s the top 25 multi-level marketing companies based on products, trends and your ability to make money in 2020: #25. Huge success here, with annual sales topping $502 million. But I could not imagine alienating or even just annoying friends and family in order to make an extra dollar. It also has more than 23 million customers and nearly half a million consultants. A spin-off from Young Living, doTERRA started much later (2008) and manages to have the momentum. Great article with non-biased perspective and discussion. With revenues of more than $2.2 billion in 2016, the company made it to the 10th spot on the Global 100. Didn’t mention ummm their lack of retention rate. I was in Melaleuca for 2 years so don’t try to spin it on me…. Essential oils are still red-hot. Haven’t looked at them but I plan on updating these rankings next year. Someone who writes a list of their family and friends and then 3-way call them with their “higher-up” sponsor? World Ventures makes the list for making network marketing look “fun”. Yes you need to be self motivated but you also need to be a supporter too. Then I am all ears!? I originally got into network marketing because I was persuaded by my sponsor and convinced it was the only way to get what I want in life. Totally get the “grocery money” mentality, I just feel there’s better ways to get there. It has helped me have another look at my goals and how to continue focusing on what I love to do. Plexus Worlwide is ranked by Inc. magazine as #8 (in 2014) and #132 (in 2015) fastest growing privately held company with a three year growth of 2833%; all while offering a 60-day money back guarantee on all its products – which means the products work. I look forward to reading more from you in the near future. That is not true if the services they have and the downline builder elements are sufficient to warrant the people at the bottom line to keep paying their $25 a month. Simple: network marketing companies get in trouble when most of their sales come from new recruits instead of outside customers. A recent ESPN report (10) was a borderline hit-piece, covering mostly the negative aspects of network marketing, leaving the reader with ex-distributor quotes like these: “You catch people in a bad spot who maybe have hope that this could be a way for them to pay for their credit card and their kids, and you exploit them.”. The UK’s Telecom Plus had revenues of $1.12 billion in 2016 (744.7 million GBP). Despite its billions in revenue, Vorwerk has a small distributor network. But first ask, how many people can you personally find who have replaced their income at such n such a company? These days, you can hop on a random Empower Network webinar and still see Dave Wood spitting knowledge from his mansion in Costa Rica. Great article & having read the comments (& will be subbing to your linked page) I have learnt a lot. Nicely done. A word of advice before we move on though: Just because these are the largest doesn’t mean that they are the best mlm companies to join. It sees its distributors as customers and awards commissions when customers refer others to the company. I noticed there were some you haven’t included, such as Ameriplan, Shaklee (at one time, I was getting quite a few e-mails from the) and Coastal Vacations. Your a genius! Hey Jeremy I was wondering if you offered any type of banner ad space on your website. You can only recruit so many people under you in a small town and then who is left for you to sell to. Yes! So realistically the success rate as a “self employed business owner” with MLM is probably a bit better than it is with launching a traditional business, or at least consistent with it. Thanks. Joining one of the biggest companies have both pros and cons, here are a couple you should consider. CNBC reported that the number of “Avon Ladies” declined by 3 percent in the last quarter of 2016, but that the company has big plans for a turnaround. Over three decades selling skincare products, soon Arbonne will be up there with Mary Kay in terms of ancient relics still pushing lotions. Glad I could provide some LOL in your life. If there is a ranking for who blows up my Facebook and Instagram timeline it would be the Rodan+Fields people. Quite savy. So, I refocused and taught myself how to build web-sites and sell simple web sites to people who want one. Jeunesse products work super, super well. Here’s my question…I see the Mona-Lie founder, Dallen Larsen is starting another one…vasayo. But that’s it, you do not make commission on their referrals. You see, there is a difference in selling a product to a customer and telling a person they can “get rich quick” and do nothing to get there. I like the idea of seed nutrition, and the product seems to work well. They’re dazzlingly-sweaty workout DVDs sold via network marketing thanks to BeachBody. I just started selling for one of the top 15 and I went in knowing that this was just supplemental cash and nothing that would support my family. It’s just a Specifically now that distillers will sell directly to small businesses with very minimum amount, your $100 will buy you a lot actually. Getting swept up in the cheering may feel good, and it may keep you motivated on some level, however, be clear on how do you retain knowledge and use it. I absolutely love it and people who join me in this mission are as passionate as well! Its all about the new sign-ups. Can you do a review on a new travel company called Surge365. I really did enjoy the article as I am a multi MLM participant. The brand has 3.5 million distributors around the world. MLM is a business and not everyone will succeed. It’s not like that is a bad thing. But just as there are so many successful and ethical corporations and small business out there, so goes the world of multi-level marketing. Jeremy, I’m a doTERRA gal. And whether you want to make it your full time job or just dabble, so long as you find a product and company you love, it can be a great way to diversify your income streams. And YL was the first in this category. This is so true! There is no Direct or multilevel sales in that, and if they shop you earn commission on their shopping. Just sayin. In 2014, it had more than 61,000 total distributors in the US. To be clear, I think MLM is better than working at the bank, especially if you find one that offers products you’d be using anyways. “Jeremy Page has built a small empire on the back of several highly successful internet businesses…” -Entrepreneur, © Multiple Streams LLC, 2014-2020. Opening Online Shopping Accounts! It’s active in 100 countries. Thank you! I enjoyed this post and spent too many hours reading all your other posts and watching your videos. Concept makes too much sense. Having customers benefits everyone and in most business models like the one I’m with I make more commission off customers than associates that aren’t working. I realized my email address was incorrect. Any Wealthy Affiliate member if they tell you you can ’ t have &... Uk ’ s just a better ( and now we ’ ve ever for. Ve heard this happening to other people I haven ’ t start out selling glad this... Slim aka the Pink Drink launched, launching Australia this year and then the economy tanked in late.! 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