Top 10 Network Marketing Companies in India
A network marketing company offers us to earn extra in our free time. It is considered the best source of extra income over our regular income without any background knowledge and experience.
In this article, we will look at the top 10 network marketing companies in India at present. Before we go to the top 10 network marketing companies in India, we will first have a brief look at Network marketing, what it is and how it works. We will first decode the network marketing, and then we will look at India's top 10 network marketing companies. So, let's start with what network marketing is and why it is called MLM.
What is Network Marketing?
From the core definition, "Network marketing or direct selling is the movement of a product or a service from a number of consumers to the ultimate consumer who actually consumes it."
Network marketing, also known as direct selling, is multi-level structured marketing, which is why it is also called multi-level marketing (MLM). Network marketing or multi-level marketing is a pyramid structure or style marketing strategy where a particular product is sold by the chain of individuals, not by any specific shops. This chain of individuals or individuals does not have a fixed salary as in other jobs, and they earn by getting commissions on the products they sell or the service they provide. The commission on sales for an individual depends upon the individual's structure or position in the company's pyramid structure. Individuals present at the higher position in the company will get more commission, whereas individuals present at the lower position will get less commission on the sale of a product.
Network Marketing Company
A company or service provider who follows the pyramid structure or technique for selling its products and services is called a Network marketing company or MLM (Multi-level marketing) company. According to the current data, in 2021, more than four hundred MLM or network marketing companies will be present in India. The government also approves of India, and they all are working on a big scale somewhere.
Example of Network marketing companies: Today, many popular network marketing companies are present in India. We surely have come across at least one of them or encountered with their employees in our life. Amway, Forever 21, Vestige, MI lifestyle marketing global private limited, Oriflame etc., are the name of some of the popular network marketing companies.
Among all the network marketing companies, the one who follows the pyramid model on a regular basis creates different tires of salespeople or, correctly to say, a salesperson for them. These salespeople are encouraged to add more salespeople to their company. In such companies, creating another tier of salespeople also gets some number of commissions to people sitting at the upper positions of the pyramid structure or upper tiers.
Top 10 MLM or Network marketing companies in India
In this section of the article, we will talk about the top 10 MLM or Network marketing companies in India as of 2021, and we will also go through their brief description. We have learned earlier that more than four hundred network marketing companies are running their business in India as of now, and all are very popular to some extent. We will discuss and list out the top 10 network marketing companies in India. All of them are filtered based on their performance, reputation, the success rate of adding new customers, and operation size in India. The data of the top 10 network marketing companies may vary according to different sources. These companies are filtered based on the current data regarding all the performance indicators we have mentioned above.
Following is the list of top 10 MLM or network marketing or direct selling companies in India in 2021:
These are the top 10 network marketing companies in India that are running their operations in India. Additionally, these are very popular and have a good reputation. We have seen the list of 10 network marketing companies in India till now, and now we will look at the brief detail about each of them and understand them and their operations.
1. Amway India
Amway India is one of the most popular network marketing companies in India. It is also one of the oldest network marketing companies functioning in India. However, Amway is not an Indian origin company, as the name suggests. Amway is an American brand that uses the MLM marketing model to sells its products, but it has a huge impact in the Indian market. It has warehouses in more than 34 cities of India and 140 head sales offices across the country. The owner of Amway is Richard DeVos, and it sells various health-related and personal care products. The Amway Company has a portfolio of more than 200 products that almost covers every segment related to health and personal care needs with a unique offer regarding free products. Amway India provides most of the products that fall in the FMCG category at very competitive rates.
2. Forever Living Products
Forever Living Products is another foreign-based company that follows the MLM marketing structure to sell its products and services. Forever Living limited is a direct selling company based in Scottsdale, Arizona based and it was founded by the CEO of company Rex Maughan in the year 1978. Forever limited follows a pyramid structure and sells various bee-based or derived nutritional products and supplements, Aloe Vera-based drinks and products, and other health-related products.
This company has more than 150 products in its portfolio, which covers almost every product from each segment they offer with a unique offering related to free products, and almost all of these products are available in the Indian market. Although Forever living products is a foreign company, it has a huge base and stronghold on the Indian market, and it is growing more and more with time.
3. Mi Lifestyle Marketing Global Private Limited
The best Indian direct selling or network marketing company is Mi Lifestyle Marketing Global Private Limited. It was established in the year 2013 in Chennai, India. Mi Lifestyle Marketing Global Private Limited is an MLM or network marketing company that sells various daily lifestyle and healthcare-related products approved by the Ministry of AYUSH directly to its consumers. This company aims to fulfil the dream of every person or seller associated with them by providing them with the best services, products and other benefits. Mi Lifestyle Marketing Global Private Limited portfolio has more than a total of 200 products which covers almost every segment related to healthcare and daily lifestyle-based products. Mi Lifestyle Marketing Global Private Limited providing all these products at very competitive rates with a unique offering related to free coupons with every sale. Mi Lifestyle Marketing Global Private Limited is a direct selling company associated with the FSDA (Food Safety and Drug Administration) and FICCI (Federation of Indian Chambers of Commerce & Industry).
Vestige marketing private limited, commonly known as the Vestige, is an MLM or network marketing-based company established in 2004. Since then, it has been growing at a phenomenal rate with every passing year. Vestige is one of the leading network marketing-based companies in India which is dealing with world-class products and services related to personal care and healthcare categories. Vestige has more than 200 products in its portfolio, which covers almost every segment related to healthcare and daily lifestyle-based products and provides all these products at very competitive rates with a unique offering related to free products. We can directly analyse the quality of products and management systems as well as the marketing plan of the Vestige by the volume of its growth rate. Vestige is a direct selling strategy-based marketing company that is also an associated member of the IDSA (Indian Direct selling association).
5. Future Maker
Future Maker Life Cares Private Limited, known as Future maker, is MLM or network marketing-based company. Future marketing, a direct selling strategy-based company, is one of the leading MLM companies in India, growing rapidly, was established in 2015. The head director of Future Maker Life Cares Private Limited is Bansi Lal. It sells various products related to the health care category, personal care category, home care category, etc., directly to its consumers.
Herbalife, a company based on MLM or direct selling strategy structure, is a global nutrition company that has helped so many people around the globe to achieve and pursue an active and healthy life through their products. The Herbalife company provides all its products at very competitive prices (for all the products belonging to the FMCG category) even with the traditional MLM or direct selling approach. Many people in India support the products and the Herbalife company to help bring food and good nutrition to children. It is one of the major reasons that the company is so popular in India.
Herbalife has more than 100 products in its portfolio, which covers almost every segment related to healthcare, daily lifestyle and nutrition value-based products and provides all these products at very competitive rates with a unique offering related to free products. Herbalife is a direct selling strategy-based marketing company that is also an associated member of the IDSA (Indian Direct selling association).
7. Avon Products
Avon Products, also known as Avon, is a direct selling or network marketing-based company, and it includes markets and manufactures cosmetic and beauty related products. Avon Products has three categories for their products: Beauty, Home and Fashion, and they sell almost all of these products from every category into the Indian market. Avon Products has more than 200 products in its portfolio, covering almost every segment related to cosmetic & beauty, home and fashion-based products and providing all these products at very competitive rates with a unique offering related to free products.
Avon products were founded in the year 1886 by David H. McConnell, having it headquarter in New York (NY), the USA and it operates through the following five geographic portions of the globe: North America, Western Europe, the Asia Pacific, Latin America, Middle East and Africa and Central & Eastern Europe. Avon Products is the second-largest direct selling or network marketing-based company globally after Amway had a total turnover of $4.7 billion in 2019.
RCM limited, commonly known as RCM, is one of the largest direct-selling or network marketing-based companies present and operating in India. It has a network (salespeople associated with the company) of more than 10 million people in India itself. RCB sells its products directly to its consumers through a chain of consumers (a common process in network marketing). It has a clear vision with a proven plan to be the biggest network marketing company in India and around the globe. That company is one of the most popular companies in India. RCM has more than 150 products in its portfolio, covering almost every segment related to healthcare, daily lifestyle, home & kitchen, agriculture and nutrition value-based products and providing all these products at very competitive rates with a unique offering related to free products.
Oriflame, a company with a 'natural Swedish cosmetics' tag, is a Swedish (Sweden-based) beauty company. Despite the fact that it is a foreign company, it has a huge base and market holding in India. Oriflame is a solely MLM or direct selling approach-based company like the others we have talked about (RCM, Amway). If customers want, they can also directly purchase the product of the company from their official website. Oriflame has more than 100 products in its portfolio, covering almost every segment related to cosmetics, daily lifestyle, and beauty products.
This company is not a solely MLM strategy or pyramid structure following company. Moreover, almost all of these products from every category are available for the Indian market. However, we have included this in our list because it is one of the most popular and prime choice companies in the Indian market.
Modicare, a direct selling or MLM strategy following company, is one of the fastest-growing companies in the Indian market. Even after the inception of the Modi Group of Industries, the company's core philosophy has always remained unflatteringly consistent. The core philosophy of Modicare or Modi group of Industries is- to engage, enlarge and enhance the lives of the people and their consumers. All these values remained at the heart of it when Modicare was established in the year 1996. As part of Modicare's glorious legacy, it has always been the longstanding tradition of giving back to its consumers while making their future more secure and changing their life in better shape. Modicare sales directly its products to its consumers through direct selling or network marketing approach following a pyramid structure.