MLM Company Reviews: Direct Selling News releases the Top 65 MLM companies with annual earnings of $100 million dollars or more in wholesale volume.
This is the first comprehensive report we have seen in a while of the top companies, and it provides a great look inside of the Network Marketing profession.
One of the great things about this report is the fact it opens our eyes to just how BIG MLM is worldwide.
MLM Companies Per Country:
The USA leads the world with 44 MLM companies earning over $100 million a year. They also have 8 out of 11 MLM company who earn over a billion dollars in annual revenue.
Japan comes in a far second with 14 MLM companies earning over $100 million in annual revenue.
Germany comes in third with 3 MLMs. One of three countries outside of the USA which is home of a MLM company earning over a billion in annual revenue.
Verwerk & Co. KG (3) the parent company of JAFRA Cosmetics (which in 2008 earned $602 million is sales) earned $3.4 billion in global sales in 2008. Verwerk was founded in 1883, and is currently in in 61 markets with 530,000 distributors. Now, think about that for a second. They only have 1/2 million reps, yet earned $3.4 billion… I think their sales force is focused!!!!
Germany has 3 MLM companies and Peru 2 earning over $100 million in annual sales.
Brazil comes in 4th, but is the third country outside of the USA which is home of a MLM company earning over $1 billion in annual sales.
Natura Cosmeticos SA, (8) earned $1.9 billion in annual revenues in 2008. Now here is another company rocking in annual sales with less than a million reps. Natura has 700,000 reps in 9 markets.
China ties Brazil with 1 MLM company earning over $100 million in annual revenue.
Mexico is also home of one MLM company earning over $100 million in annual wholesale revenue.
Sweden is the 3th country to be home of a MLM company earning over $1 billion in annual wholesale revenue.
Oriflame Kosmetiek B.V. (9) earned $1.9 billion in 2008. Founded in 1967, is the market leader in over half of the markets where it does business. they are in 61 markets and have 2.8 million distributors worldwide.
The United Kingdom is the last on the list of countries which is home of a MLM earning over $100 million in annual sales.
This is a true testament that MLM is alive and growing worldwide.
Now a few other interesting facts I found in this research report are as follows:
The 10th largest company in annual wholesale revenue is Forever Living Products (10) earning $1.7 billion in sales.
For those readers who don’t know, Forever Living is the world leaders largest grower, manufacturer and distributor of Aloe Vera. Forever Living Products has 9.3 million distributors in 137 markets, yet we never seem to talk about this company.
Forever Living Products is a prime example, proving you can build a solid residual income which can last for generations!
The other crazy fact I found interesting is that MonaVie (14) founded in 2005 did $854.9 million in 2008, and Noni (25), XanGo (65) and Agel (58) three companies which are as old or older, are only listed as doing “more than” $100 million in annual wholesale revenue.
It just goes to show, you do not have to create the category, to become the dominate leader!
I also found it remarkable that one company, who is only doing business in two states (Texas & Georgia) and only 5 years old, did $825 million in 2008. Ignite Energy was founded in 2004 and really did not enter Georgia until a year or so ago, is flat breaking records like crazy. And the really crazy fact is… They only have around 160,000 reps.
Excel Communications may be dead, but the remnants of it’s old leadership still knows how to grow an MLM in the state of Texas!
Then there is Stampin’ Up (44) which in 2008 did $200 million selling rubber stamps. Talk about a company and its field force who is not participating in the rescission. This company should be an example for us all. I hear all the time, “the recession is killing my business,” then I run across a company who is not selling a “NEED” but a “DESIRE” and look what they can do!
Then there is Keller Williams Reality (55). Although wholesale revenue was down from 2007, they generated over $3 billion in transaction commissions.
Seriously, if these distributors can earn $3 billion dollars in the ONLY MLM in Real Estate, why can’t the rest of us earn a few million, instead of using the excuse… No one wants to do business with an MLM company?
Well, you can review the whole list for yourself at Direct Selling News.
Direct Selling News is a website owned by Video Plus, the owners of Success Magazine, Success From Home Magazine, Your Home Business, Empowering Women, and a few others I am sure I am missing. They produce most of the top recruiting DVDs and CD we all use in our businesses.
So, if any of you wonder about the list, you can rest assured they know what they are talking about. They compiled this list from records and records accumulated from Hoover’s Company Records, Dun & Bradstreet, SGA Executive Tracker Companies, Standard & Poor’s Descriptions Plus News, Company-Briefs-Gale Group, Duns Market Identifiers, Market Guide Company Profiles, America’s Corporate Finance Directory, Directory of Corporate Affiliations, some of the companies own websites, the Direct Selling Association, the World Federation of Direct Selling Association, etc. And, they have given the companies all a chance to correct any incorrect information.
Never Give Up,