There are plenty of debates over which Network Marketing company really is the best. The main points of contention seem to focus around whether the best is the largest, highest earners, oldest – the list goes on and on. To give you an idea of this concept, would you rather work for Lamborghini or Chevrolet? Lamborghini produce a higher quality product, with a higher price tag, but Chevrolet produce more cars at a lower price tag – they are a bigger company, but is that necessarily better?
So, I will list the largest firms that are the most accessible and relevant, you then have the opportunity to decide which is best…
1. AVON PRODUCTS inc.
This company is the beginning of modern Network Marketing practices. It was founded in 1886 in the USA, in the modern era, it houses its World Head Quarters in New York. Each year it has global wholesale revenue of around $10.3 billion through its 6.2 million distributors and 42,000 employees. The company produces innovative cosmetics, toiletries and fragrances. The distributors work primarily on a ‘person-to-person’ basis, whilst their compensation is both single and multi-level. The brand is by far the most recognised worldwide due to the provision of stores in over 100 different markets. So, is largest the best?
We have already found that Avon started the process of direct selling, but Amway were the first company to master Network Marketing. As with the majority of top Network Marketing companies, it founded in the USA in 1959 by Richard DeVos and Jay Van Andel. In the present day, the World Head Quarters are based in Michigan, USA. The company has a global wholesale revenue of $9.2 billion, created by the 3 million distributors who associate themselves with the company. Their compensation plan has created many millionaires in their time of trading, however concerns have been raised about the ability to grow much further due to their mass recognition in their primary markets.
3. MARY KAY inc.
If you have ever looked into Network Marketing, then you have heard of Mary Kay Ash, her company was created around the ethos of ‘God first, Family second, Career third’. This approach to business and the company related well to the American population and was key to the company’s initial success from 1963 onwards. Very much like Avon, the company manufactures high quality skincare and cosmetic ranges and has become a household name in many countries. The company has approximately 2 million distributors and 5,000 employees. The company focuses their distribution around party plans and ‘person-to-person’ recommendation, this creates income on both a single and multi-level platform.
4. NATURA COSMETICOS SA
Unlike the large US companies, the fourth largest Network Marketing company originated from Brazil. Natura Cosmeticos keeps social responsibility close to heart. The company has extensive range of 900+ products, which creates a global revenue of $2.4 billion. For its popularity, not very many people know of the company, this is most likely due to the countries in which it operates – primarily South America. The company’s million distributors are controlled from the World Head Quarters in Sao Paulo, Brazil.
5. HERBALIFE ltd.
If you want a large selection of nutritional supplements and weight management, you need to find a Herbalife Distributor. Their products are known for quality, however this does come at a price much higher than any of its competitors. The firm makes a global revenue of approximately $2.3 billion through 2 million distributors in 72 countries. The company has a high level marketing strategy, recently advertising with the soccer team LA Galaxy, this gave them more recognition and helped to gain new business.
Primerica is part of a new form of Network Marketing to be more readily available. The company deals with 6 million customers, provising loans, variable annuities, mutual funds, life insurance and other services. The company founded in 1977, with the goal of transforming the provision of life insurance. The corporate revenue of the firm today is around $2.2 billion in only 5 countries. There are only 100,000 distributors, which does sound appealing, however there is a very large failure rate due to the huge amount of training required.
7. TUPPERWARE BRANDS corp.
Tupperware are world leading producers of storage and serving products. With brands including Nutrmetrics, Swissgarde and Armand Dupree, the company has a turnover of $2.1 billion. The 2.4 million ‘consultants’ and 1,800 distributors are controlled from the World Head Quarters in Orlando, Florida. The company is in the 67th year of trading, having been established in 1946.
8. FOREVER LIVING PRODUCTS
Now to Forever Living, the largest grower, producer and distributor of Aloe Vera products. Their production process is carefully controlled as the company has great concerns for the environment. Any excess of raw materials (that in most products is still used) is used to fertilise their lands to grow the very bast products. Their product range varies from drinking gels, cosmetics, nutritional supplements and skincare. Forever is cash rich and debt free, they possess a large amount of property as company assets. A famous acquisition was Southfork Ranch, the set of past television series Dallas. The company has an annual turnover of $3 billion by the 9 million distributors, who earn through a multi level compensation plan.
So, have you made your mind up about which is the best? You may be thinking that Primerica could be looking promising – each distributor statistically earns the most in comparison with others. However the company drop out rate and high levels of training required means many people fail and do not meet the grade needed to make any sort of income. How about Avon? they are the largest company, but it is tricky for men to really succeed, are you going to be able to sell skincare and cosmetics to women if you are a man? Maybe, but it will be trickier than if a woman was trying to do the same thing.
My personal recommendation for the best company here is Forever Living Products. You should not be put off by the large amount of distributors associated with the company, they have a very solid background and then thought process for producing and selling acts as an example to other growing companies. Please find more information about the top Network Marketing company.