One of the secret desire of everyone on the planet earth is to be financially independent, so many people go as far as starting a personal business which usually fails in the first five years other are scared because of the failure of the previous business owners and are scared to leave their comfort zones.
This pops out the questions in the mind of people about what business system works.
For people that find themselves in this category, I must tell you that it is a normal thing to ask such question but you don’t have to waste your precious times asking yourself about what works and what business venture is safe.
In my opinion, every business is profitable and safe it just depends on your kind of personality.
Can I tell you that I have a business model that works for everybody?
Yes !! and that business model is Network Marketing otherwise know as Multi-level marketing.
What is Network Marketing ?.
Network marketing, also known as Multi-Level Marketing (MLM), is a business model where independent partners buy into a company and earn a commission on the products they sell.
In actual sense Network marketing allows any individual own shares in such a company.
Networks Marketing Stats You Should Know.
1. MLM industry is operable in more than 100+ countries, and it is one of the best industries to stay profitable.
2. Wellness and Cosmetics/Personal Care are the top-selling categories in Network Marketing.
3. Networking marketing companies have seen a significant rise in popularity since it becomes a business model
4. There are, over 1,000 firms are using the multi-level marketing business model globally.
5. In the year 2015-2016, India’s position in the MLM industry increased from 22nd to 20th rank.
6. 95% of Network Marketers quit within ten years.
I put these stats not to frighten you but to tell you also that in network marketing only the losers quit.
7. Currently, the MLM industry is valued at around 167 billion USD, one of the highest money-making industries on planet earth.
Why You Should Join a Network Marketing Company.
Network marketing is one of the highest making industry on earth even ahead of the music industry and behind the tech industry.
So many millionaires have been produced in geometric progression from the network marketing business model.
Here are very few reasons why you should join a network marketing business.
1. Low Start-Up Costs.
Looking for very low capital and geometrically profitable profession then network marketing is the right business for You.
It takes an average business out there large business startup funds most of which business entrepreneurs do not have funds for but you can start very little with network marketing.
Leverage is the act of making use of the means nearby you to get what you want. Network marketing is full of leverage. You leverage on people, technology and so many other things.
3. Passive Residual Income.
Residual and stable income is very hard to come by these days and in most cases, it takes time for a self-built business to generate residual income for you.
You can earn residual income just in the first period of joining a very good network marketing company.
4. International Business Owner.
Multi-Level companies operate on an international level, so owning a business with one gives you the leverage to operate and earn in various part of the world.
5. Time Freedom.
Time Freedom is one of the important factors in wealth building and you have all the time you desire while at a network marketing company.
you can devote times to every other important factor in your life such as Family, Business and career development.
6. Personal Development.
A regular 9 am – 5 pm job restricts you to almost nothing and this can have an impact on your personal development.
One of the core values that almost every network marketing company imbibes in you is the ability to develop yourself.
This personal development is not limited to one area but every aspect of life including leadership, Finance, Faith and E.T.C
7. Personal Branding.
As a network marketer, you become forced into branding yourself because the nature of the business forces you to talk to one or two people more often and no one will trust you except you are an authority in your chosen area of specification.
8. Impacting Lives.
Another benefit you get while at any network marketing company is the chance to impact lives.
I love network marketing so much because of this reason. In network marketing, you rise by lifting others. This is unlike the secular workspace when you have to work hard to pull other down to get to the top.
How To Choose The Best Network Marketing To Join.
I suggest newbies spend time to understand this section very well. Most people just hear of a new network marketing company and just rush into because of the ease of terrain they offer or because of their slack marketing structure.
It has been discovered that these companies fold up, in the end, causing investors to lose their money.
In my very few years of experience here are a few factors to consider before joining a network marketing company.
1. Company Reputation.
This should be the first thing every aspiring network marketer should think of before actually signing up to any company. Most companies offer very juicy compensation plans but do not last the stem of 10 years.
In my own opinion, I suggest you sign up to a company that is actually above 30 years in operation. You would discover that such company has built such a good reputation and trust.
And patronage of such a product would be very high as compared to all other new companies.
2. Personal development.
Another factor to consider when selecting a network marketing company to pitch your tenth with is the level of personal development training they offer.
You can sample the level of an MLM company to boost your personal development by attending their seminars in their offices in your country. Another hint is to sample its leaders.
Those taking the leadership role in your location, try to relate with them and hear from them.
All network marketing allows you to buy into their business via products and also sustain your reputation in their company by the number of products you can retail at each point in time.
Most network marketing offers products ranging from health care to utility or financial services.
I’ll advise you to choose the company with a very potent, price friendly and demanding products.
This would help you build a very vast and strong distribution chain.
4. Marketing structure.
Network marketing has come under attack in recent times because of the pyramid structure that allows only for a very few persons at the top.
Not all network marketing companies are structured like pyramids. When choosing a network marketing company make sure to bear this in mind.
Request for their marketing plan and structure. Make sure to choose a company that allows you to earn on at least three generations.
5. Compensation Plan.
The last but not the least and also the most important criteria you need to consider before joining a network marketing company is the compensation plan.
You should choose a network marketing plan that is ready to compensate your very little effort, this would help you in setting up a very formidable team as less privileged persons would be encouraged to subscribe to your chain of distributorship.
Here happens To Be The Top Network Marketing Companies To Join.
In this section, I am going to be rating these network marketing companies based on no particular order, so if you have an idea of any reputable networking marketing companies that you feel should be added you are free to make a comment in the comment box after the end of this post.
Here are the very top and reputable network marketing companies to join
Amway (short for “American Way”) is an American multi-level marketing company that sells health, beauty, and home care products.
Amway was established in 1959 by Jay Van Andel and Richard DeVos and is based in the United States It experiences a net profit of over $8.8 billion in 2018
Website – www.amwayglobal.com
Avon Products, Inc. is a multi-level marketing company in the wellness and beauty category.
It is the fifth-largest beauty company and, with over seven million representatives worldwide.
The company’s CEO is Angela Cretu, who was appointed to the position in January 2020.
Avon had a net profit of $5.5 billion worldwide in 2018.
Website – avonworldwide.com
Herbalife Nutrition is a global multi-level marketing corporation that develops and sells nutrition and health care products.
The company was founded by Mark Hughes in 1980, and it employs an estimated 8,900 people worldwide.
The company runs in over ninety-four nations worldwide through a web of about 4.5 million independent businesspeople and members.
Herbal Life made over $4.89 billion in 2018.
Website – www.herbalife.com
LKK Health Products Group (LKKHPG) is part of the century-old Lee Kum Kee Group Headquartered in Hong Kong.
LPG is a large-scale enterprise specializing in R&D, production and sale of Chinese herbal health products.
The China division was established in Guangzhou in 1992 and has since then set up 36 branches, 28 service centres and nearly 5000 exclusive stores in Mainland China.
The Infinitus has a net profit of $ 4 Billion US Dollars
Website – www.infinitus-int.com
5. Natura Cosmeticos.
Natura &Co is a Brazilian global personal care cosmetics group headquartered in São Paulo. Natura cosmeticos is the largest Brazilian cosmetics company by revenue.
It made a whopping $2 Billion in revenue in the year 2018
Website – naturaeco.com
Vorwerk is an international diversified corporate group headquartered in Wuppertal, Germany.
Vorwerk was founded in 1883.
The principal business is the direct distribution of different commodities like home appliances (e.g. Kobold vacuum cleaners), fitted kitchens and cosmetics.
The company posted revenue of €3.5 billion in 2016.
Website – www.vorwerk.com
7. Mary Kay.
Mary Kay Inc. is an American personally owned multi-level marketing company. Mary Kay was the sixth largest network marketing company in the world in 2018, with a wholesale quantity of US$3.25 billion. The company was established by Mary Kay Ash in 1963. Mary Kay is based in the United States.
Website – MaryKay.com
8. Nu Skin.
Nu Skin Enterprises is an American multilevel marketing company that develops and sells personal care products and dietary supplements under its Nu Skin and Pharmanex brands.
The business markets its products in 54 countries across a chain of approximately 1.2 million independent distributors.
The company posted a whopping revenue of $2.6 Billion in 2018
Website – www.nuskin.com
Oriflame Holding AG is a multi-level marketing cosmetics company founded in 1967 in Sweden by Jonas Af Jochnick, Robert af Jochnick and Bengt Hellsten.
The business is based in Switzerland and until 17 July 2019 was listed on the Nasdaq.
It has a presence in more than 60 countries and is sold by 3 million Oriflame distributors, producing annual revenues of around € 1.3 billion in 2018.
website – Oriflame
10. Forever Living.
Forever Living Products International, Inc. Forever Living is an American privately held multi-level marketing company based in Scottsdale, Arizona, which manufactures and markets aloe Vera-based drinks and bee-derived cosmetics, dietary supplements, and personal care products.
The Forever Living company was established in the year 1978 by American businessman Rex Maughan.
The Aloe Vera company posted a whopping profit of $13.6M in 2018.
Website – Foreverliving.com
Other Notable Network Marketing Companies.
There are Other amazing and notable network marketing companies around the world are.
1. Longrich Bioscience.
Longrich Bioscience is a Chinese based network marketing. Longrich Bioscience is also notable for a very juicy compensation plan than any other network marketing companies around, the Longrich network marketing system is very liberal and does not allow for any partner to be removed out of the system even after many years of no activity.
Members are allowed to grow at their own pace. As at the time of writing this post just a few months back Longrich has become very loud in Nigeria and they are planning to build their mega factory in Lagos, Nigeria.
The Longrich Marketing structure allows you You start earning after you have successfully recruited three people directly under you and payment is made every week.
The downside about the Longrich Bioscience company is their decentralized mode of product distribution.
In Longrich Bioscience Product are distributed to stockist all over a geographical location who keeps of the product.
This mode of operation has hindered the creation of sales funnel used in other network marketing companies.
The only way to operate successfully in this kind of setting is to encourage more people to join the business which can be a daunting task.
Due to my previous network marketing business, I don’t like the mode of operation in the Longrich Bioscience though it is very flexible you are not likely to do well if you cannot convince people enough to join your distribution channel and this can delay your earning.
How To Grow Your Network Marketing Business.
It has been discovered that most network marketing businesses fail in the first five years, and one of the major causes of these failures lies in the fact that majority of network marketing business owners do not build your business on a very good foundation.
For any business to stand the test of time, there needs to be a very solid foundation upon which such a business is laid, building a sustainable network marketing business requires the implementation of so many skillset and strategy and most of which would be discussed here.
Are you presently a network marketing business owner? Here are very few tips and guidelines to help you grow your network marketing company.
1. Explore and use the products.
You cannot preach a company that you have not tried out yourself, one of the major reasons most network marketing businesses owners give up is the fact that they don’t have confidence in the product.
Before committing yourself to a network marketing business model of any company, make sure that you are confident of the product and one way to do this is by making use of these products.
2. Sign up.
The next step is to sign up with the company you intend to join. After you might have tried out those products, the next step would be to sign up, as a starter, most network marketing company usually offers some kind of plans for anyone to join, make sure to get started with a plan that you afford, also make sure that you are not too eager to join for the profit, because there are certain cases where people empty their bank accounts just to start a network marketing business, these sound like pretty much a good idea to most people, but in my own opinion should not be the case.
3. Stop telling friends and family about your new business.
One of the worst ways to start destroying your network marketing business is by disturbing family and friends is by trying to convince family and friends to join your new business, this is a good thing to do, but make sure that you don’t overdo it in the long run.
Success in network marketing comes from treating it like any other business in which you focus on getting across to people who are interested in what you have to offer.
4. Make sure you Sponsor, Don’t Recruit
Most people would be scared of joining your network because they feel you would not support them enough, in my very few experience with network marketing, this has been the major complaint of so many prospects, nobody wants to feel used.
In my previous network marketing business when I tried recruiting, most prospects I approached usually complain of the nonchalant attitude of leaders in their previous network marketing business and this has now made them adamant to so many network marketing opportunities, they now see network marketing as a pyramid scheme where business owner make use of the prospect to climb on the ladder to success.
In my own opinion, you should not only recruit downlines for the sole purpose of building your network, you should take them as your responsibility.
Make sure to focus more on the success of your success line and not you.
There are over a thousand network marketing presently in existence and so many are joining the race.
It is quite hard to choose a platform to belong to when you have numerous choices available to you.
As an online coach, I would like to recommend a reputable network marketing company.
Forever Living Is an MLM company based In the United States of America.
There are two great ways to join Forever and Becoming a Forever Business Owner allows you to build a business and build an extra income by sharing the products.
As a Preferred Customer, you will get 5% off on retail purchases and a potential to earn up to 30% off!
Here are a very few reasons you should join Forever Living Products.
1. Amazing compensation plan.
In Forever, you don’t invest a lot of money and you typically don’t have to spend more than a couple of years working part-time, until you can quit your job and earn on the Forever sales plan if you want to.
For most people, this will require reaching the Manager level, achieved when you and your group have a total of 120CC’s within any two consecutive months or 150CCs within any 3 or 4 consecutive months ‘and you are 4CC active for each qualifying month.’
Your net discount takes its last increase to 18% per product’ and your Team-Leading bonus also rises meaning you could earn an extra 5% – 13% depending on your downline level and you are 4CC active for that specific month.’, typically yielding £800 – £1,500 / €960 – €1800 a month.
Some of Forever living incentives are.
Extra monthly income with the ‘Forever2Drive’ programme
This incentive is based on the number of case credits you and your team achieve every month.
Depending on how many cases credits you achieve, you can qualify for one of three levels.
Use the money to buy a new car or holiday, to pay university fees or simply to supplement your income – it’s yours to spend on anything!
As a Manager, you have the opportunity to benefit from the company’s global success, with an annual performance bonus.
2. Travel Experience.
Forever living remains one of the best network marketing companies when it comes to the Travel experience.
Trips are made three times each year and they are made at very good and reputable destinations.
Forever Living offers the opportunity to qualify for all-expenses-paid trips abroad, with spending money included.
One of these trips is the Global Rally – the most momentous and exciting event ever in the history of the Forever incentives scheme.
Talking about the product, Forever living has the best product among all network marketing.
Their Products are ranging from personal care to home care products all made from natural Aloe Vera gel extract.
Also, their product is very cheap and easily retainable and this can help you build a sustainable sales funnel.
4. Global recognition.
Forever Living Product is present in over 160 nation of the world making it one of the most widely spread network marketing companies in history.
With head offices in over 160 countries, Forever has an international infrastructure that makes it possible for people to build a business on a global scale.
Other Network Marketing companies are mostly scared of the African terrain but this has been the different case for the Forever living products.
Once you become a Forever Living Business owner you are liable to do the business globally in any nation of your choice.
5. A highly credible direct selling company, growing from strength to strength.
Forever Living has over $1.5 billion in assets and is a cash-rich, debt-free company, consistently growing during its 40 years of trading.
Forever Living UK is also a member of the Direct Selling Association (DSA), and Forever Ireland (DSAI), both respected and reputable organisations which work to protect and represent the interests of people and businesses engaged in network marketing.
Why You Should Join Me
I am offering you a lifetime opportunity to change your lives forever.
You can join the wagon today and earn unlimitedly.
I am offering coaching mentorship and skills to a very few people who are interested in doing the business.
All you just need do is a little startup capital and no stress at all.
Once you have reached assistant supervisor level Forever Living Product will start paying you a personal bonus on all orders placed by your retail customers.
Each time you move through the marketing plan your percentage increases Supervisor 8%, Assistant Manager 13%, manager 18%
The Personal and Volume bonus is paid to you on the 15th of the month after the relevant transactions took place.
So, if you engaged someone into the business with a Start Your Journey Pack on the 6th August, you would be rewarded £29.91 NDP 10-15 calendar days after.
You would then be paid your £9.97 personal bonus, on the 15th of September.
I would be teaching you how to make use of the internet to craft a sales and a recruiting strategy needed to sustain your business.
Flexible working and time with a lot of system in place.
Register now by filling this form Join The Aloe Vera Company
Network marketing is a very safe and legit platform for anyone that wants to start his career in entrepreneurship or build a very stable side hustle.
If anyone has been pitching you to join him at any network marketing it’s high time to give it a second thought.
Do you feel that I have not added a particular company in this listing, then kindly share them in the comment box below.
Dear reader, I want you to know that we are predestined to meet in this world but maybe not physically, I am so glad that we could meet on this platform today.
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