Top 10 MLM companies
MLM companies promote and sell their products through their network of members rather than through regular retailers or shops. Over the years, several MLM companies have come into existence; some of them have been successful while others have gone bust. However, there are certain companies that have really grown and have reached global proportions. This article lists the top 10 MLM companies worldwide in terms of their revenues and network reach.
1. Avon: Avon leads the top 10 MLM company pack with reported corporate revenues exceeding $10 billion and a network in almost every country across the world. Founded more than a century back in 1886, Avon is the second oldest MLM company currently in existence and its product line consists of beauty products, jewelry, and apparel.
2. Amway / Alticor: Founded in 1959, Amway has been a pioneer in the MLM industry and rightly deserves a mention in the top 10 MLM companies. It is also the second biggest with reported earnings of more than $8 billion dollars and a network of members that is continuously growing. Amway has its own manufacturing facilities in the US. Its core product lines include home care, personal care and nutritional products.
3. Vorwerk / Jafra: Based in Germany, Vorwerk and its sister company Jafra were founded in 1883, making them the oldest known MLM company. Vorwerk deals in appliance products while Jafra markets cosmetic products. The estimated total revenues of the company are close to $3.5 billion.
4. Mary Kay: This manufacturer and distributor of skin care and color cosmetics was founded in 1963 and has since then grown to become one of the top 10 MLM companies worldwide. Its annual revenues are close to $3 billion and its products are available in most countries around the world.
5. Herbalife: After Amway, Herbalife is the second company in the top 10 MLM companies that does not deal in cosmetics. Its products include health, weight management, and personal care, and the company has grown to revenues for nearly $2.5 billion in just 25 years.
6. Primerica Financial Services: The only financial services company in the top 10 MLM companies, Primerica Financial Services has a highly impressive track record. The company has generated revenues in excess of $2 billion even though it works primarily in North America.
7. Tupperware: Tupperware is again unique in the top 10 MLM companies – it sells plastic storage and serving products, and personal care products. The company has grown to have a worldwide presence with revenues pushing the $2 billion mark.
8. Natura Cosmetics: The only South American company in the top 10 MLM company list, Natura is based out of Brazil and boasts of almost $2 billion in annual revenues. Its main products include cosmetics, personal care and fragrances.
9. Oriflame: Sweden’s Oriflame makes its way into the top 10 MLM companies with approximately $1.9 billion in revenues and a strong worldwide presence. The company mainly deals in beauty products.
10. Forever Living: This Arizona based company generates about $1.7 billion in annual revenues through the sales of its nutritional supplements, skin care, cosmetics and weight loss products. It is mainly focused on North America.
