MLM marketing is all about selling the products directly to the interested customers and at some point in our life we have all been engaged in MLM selling knowingly or unknowingly.
The term Multilevel marketing is becoming highly popular these days because it offers better profit margins to the sellers.
There are no distributors or wholesalers involved in the process of selling the goods and thus, MLM marketing brings more profits to the salespeople as well as the leaders.
Here are the companies that made it big and have become the fastest-growing MLM companies in India 2021:
Table of Contents
1. Amway India
Amway is the first name on the list because it is one of the oldest companies functioning in India. The company sells personal and healthcare products through MLM marketing and has spread in more than 34 cities with 140+ sales offices.
The company has gained immense popularity due to the high-quality product it sells at reasonable prices. The Amway store consists of more than 150 products and people interested in earning up to 20% profit on each sale, can join the MLM network by registering with the company.
Founder: Richard DeVos and Jay Van Andel
Revenue: US$ 8.8 billion
Employees: 16,000+
2. Modicare
Founded by Sameer Modi, Modicare is an India based MLM company. The company deals with a wide range of products such as healthcare products, personal care products, home, and skincare products, etc.
The marketing and selling strategy of the company is highly appealing where a consultant can purchase any product at 20-25% cheaper rates and can sell the products by earning up to 25% profit on each sale.
The consultants in the network also have the opportunity to grab an additional bonus of 5%-20% depending on the business volume. The consultants also are eligible for additional performance bonuses, leadership bonuses and for director bonuses.
Founder: Gujarmal Modi
Employees: 28,000
Revenue: $275 million
3. Tupperware
Tupperware has reached almost all the homes in India through the high quality plastic containers it sells. The company was founded in 1948 and is also listed in the fortune 500 company list.
The company generally targets housewives and women in different professions as their sales consultants and this strategy has worked incredibly for the company.
There are ample career women and housewives selling Tupperware products in India and this has made it one of the fastest-growing legal MLM companies in India.
Founder: Earl Tupper
Revenue: US$2.26 billion (2017)
Employees: 15,500+
4. Altos
Altos was founded in Ludhiana India and started while selling only 7 products through MLM channels. Now, the company’s product range has increased and there are 150 products the company offers.
Altos has covered a wide range of products such as FMCG products, hair care products, health care products, agriculture aid, natural beauty products, hair and skin treatments, etc.
5. Herbalife
The craze of purchasing natural and herbal products has increased and this made Herbalife become one of the most successful and appreciated MLM companies in India.
The company’s strategy was to gain customer trust by offering natural products and now it has grabbed the 3rd position for revenue generation in the global arena.
In the year, the company generated more than 4billion revenue and is playing strong across various countries. The most popular products of Herbalife are nutritional supplements, sports products, personal care products, and health & energy products.
Founder: Mark R. Hughes
Revenue: 489 crores USD
Employee: 9500
6. Oriflamme
This Swedish company has a huge network in India and sells beauty products through MLM. The company, however, does not sell its products solely through MLM as interested consumers can also purchase the products from their dedicated website.
For becoming a consultant, interested candidates can get registered and start selling. Once registered, you can get the products at up to 40% discount and sell the products while gaining a higher profit margin.
Founders: Jonas af Jochnick, Robert af Jochnick, and Bengt Hellsten
Employees: 6,152
Revenue: 1500 Crore INR
7. Forever living
Forever Living is a US-based firm known for selling high-quality aloe vera based products. For becoming a forever living consultant, you have to register yourself.
You need to purchase the products at wholesale prices and sell the products at retail prices. You can also get a leadership bonus or group volume bonus based on your performance.
Founder: Rex Maughan
Revenue: $13.6M (2018)
Employees: 76 (2006)
8. Avon
Avon was founded in the year 1886 and has sold millions of cosmetic products through MLM marketing. The company has crossed the annual revenue of $9billion and is also listed under the fortune 500 company list.
Avon is well established in India and also has sold its products in more than 100 countries. This company sells beauty care products, fragrances, skincare products, and fashion and body products through MLM.
Founder: David H. McConnell
Revenue: 470 crores USD (2019)
Employee: 25,000 (2017)
9. DXN India
DXN is a Malaysian MLM company founded in 1993. The company is highly famous for selling unique and nutritive products. DNX India offers different types of mushrooms, personal care products, food supplements, and beverages.
The company offers 3 kinds of bonuses, the start bonus, development bonus and leadership bonus to the consultants.
10. MI lifestyle marketing Global Private LTD
This direct selling company was established in the year 2013 in Chennai and by now it has become one of the fastest-growing MLM companies in India.
The company deals with lifestyle products for daily use approved by AYUSH. The company grabs revenue of 1500 crore and has a wide network of consultants.
The current business revenue of MLM companies in India is to reach 15930 crores and these are some companies that have encouraged multilevel marketing and have now become some of the fastest-growing legal MLM companies in India in 2021.
I am a passionate blogger having 10 years of experience in blogging and digital marketing. I started List Absolute in 2018 to give my passion a live platform. I have also a good hand in writing unique and quality content. Here I contribute in my free time. Thanks for reading. Let me know if I can help you get your work done in a timely manner.
Dxn blog please check again your second Word DNX is should be wrong I think