Most Profitable Direct Selling Companies
If you are looking forward to investing in the most profitable direct sales companies around the world, this blog post is written just for you.
The direct selling industry is quite big with a fairly few companies popping here and there every single day. In today’s day and age, a fair lot of people are turning to direct sales either as a full-time career option or as a source of extra income.
If you are one among the lot falling in either of the categories, we have made the scenario easier by identifying the most profitable direct selling companies and listing them down below.
We have considered quite a few factors while rating the companies. One of the major factors to consider for ranking direct selling companies was the global revenue that the company makes, for obvious reasons.
Another important factor is the number of years the company has been in the business. The traffic generated on the company website as well as the number of countries in which the company operates were also considered while evaluating the TOP MLM companies of 2018.
Though a majority of the companies on the list sells beauty, healthcare and lifestyle products, there are some other sectors that perform equally well on the direct sales front. Wine and beverages, food and grocery and jewellery are some of them.
Here is our list of the most profitable direct selling businesses around the world.
Amway is one of those brands that has become almost interchangeable with network marketing or direct sales. Amway has been one of the top MLM companies for quite a long time. Generating a revenue of $8.80 billion, this American MLM company has managed to create an edge over the competitors consistently. The company sells health care, beauty, and home care products through direct sales as well as multi-level marketing. Recently, Harvard Business School recognized Amway as one of the most profitable direct selling companies in the world.
Founded by David H McConnell, Avon is one of the oldest direct sales companies in the world that has managed to stay in business till now. The company deals with beauty, household, and personal care products. Avon currently has distributors in over 100 countries around the world, generating a total revenue of $5.7 billion in the last fiscal year. With more than 6.4 million representatives, Avon is the second largest direct sales company in the world. Though based in the United States, 88% of the revenue of Avon is generated from overseas market.
Started in 1980 with the primary aim of changing the nutritional habits of people around the world, Herbalife deals with nutritional supplements, weight management, sports nutrition and personal care products. It was founded by Mark Hughes and currently has 8000 representatives worldwide. The company operates in more than 95 countries across the globe and generates a net sales of more than $4.488 billion every year. Herbalife's products include protein bars, teas, aloes, vitamins, sports hydration, energy and personal care products, products for heart health, digestive health, skin care etc.
Tupperware has been on the list of most profitable direct sales companies forever. Every blog post on this subject cannot be complete without this name. The company was started in 1948 in Massachusetts. It is a home products line that includes preparation, storage, and serving products for the kitchen and home. This company has a direct sales force of more than 1.9 million people and manages to rope in a revenue of $2.3 billion every year. The company markets itself through the Party MLM Plan which involves the display and sales of products through social gatherings at homes of the distributors.
Founded in 1967 by Jonas af Jochnick and Robert af Jochnick, Oriflame is a Luxembourg based company founded in 1967. Oriflame sells personal care, accessories and nutritional products through direct sales. This Swedish stalwart in MLM operates in more than 60 countries with sales exceeding € 1.5 billion. The company has an immensely huge sales force of more than 3.6 million direct selling agents.
The list of the most profitable direct selling companies in the market is quite large and it was a herculean task to pick the top five. These companies have started from the scratch and made it big in the industry. Even you can also start your own Direct Selling company and be on the top list of direct selling companies, All you require is the best direct selling software to manage your business.
You can even opt for a Free MLM Software Demo to evaluate how well your business would perform.
Hope this list helps you invest in the right manner.