We all desire to supplement our income by working part-time or in another capacity. Joining MLM firms in India in such a situation can be a good decision. However, if you try to get involved without first learning about the industry, you risk falling prey to con artists.
Take a deep breath and relax; you’ve arrived at the perfect place. We will attempt to resolve any MLM-related issues or questions you may have.
People have been employed by MLM for many years. Especially empowering housewives by providing them with a source of income, which is why women now account for over 56% of the workforce in this industry. To join an MLM company in India, you must be well familiar with its business plan and offerings.
What is MLM?
- What is MLM?
- Why are MLM companies in India so popular?
- Top 10 Best MLM companies in India
- Top 10 Best MLM Companies in India – Comparision
- How to start a new MLM company in India?
- What is wrong with MLM companies in India and how can you deal with it?
- How to spot the thug MLM companies in India?
- Frequently Asked Questions
Multi-Level Marketing is abbreviated as MLM. It’s also called network marketing or referral marketing. In India, the MLM enterprise is frequently regarded as a contentious business model. Pyramid and Ponzi schemes are sometimes camouflaged as multi-level marketing organizations by companies or groups.
Companies that run pyramid schemes are illegal in many countries, including India.
A corporation makes money in MLM by selling products and receiving commissions from distributors who recruit new distributors. Distributors are the consumers in many MLM organizations, therefore their legitimacy and product quality might be questioned.
These tactics are used by MLM firms in India to establish a huge consumer base for their products at a minimal cost. The company’s workforce is non-salaried.
Why are MLM companies in India so popular?
The MLM industry is quite popular in India with a high market cap. As per a In 2015, the FICCI released a report., the market valuation of the industry was INR 75 billion. Another FICCI-KPMG report states that the industry’s valuation will cross INR 645 billion by the year 2025.
Many factors contribute to MLM companies’ growing popularity in India. Unemployment, cheap labor, a lack of digital literacy, inflation, and low-paying jobs are all driving people to be concerned. People require more money to spend on more resources when inflation rates rise. Several MLM companies help people supplement their income.
Another factor is that the MLM sector is unregulated. Various MLM companies have recently been accused of fraud and forgery. There is still no government agency in charge of regulating these businesses.
Several fraudsters in India pretended to be an MLM organization to run various Ponzi schemes. A Bengaluru-based business defrauded over 10 lakh customers for Rs 1,500 crores in March 2021.
Top 10 Best MLM companies in India
- DXN India
- Safe Shop
- Global Private Limited Mi Lifestyle Marketing
- Forever Living
1. Vestige Marketing Pvt. Ltd.
Vestige is a multi-level marketing organization based in India that was founded in 2004. It is constantly increasing its product range in order to showcase unique items each year that are manufactured in GMP-certified innovative manufacturing centers. It is an ISO 9001-2008 accredited company that believes in providing world-class service to all of its customers.
The MLM company’s growth rate reflects the quality of the items and marketing program, as well as the direction that has been able to give such a long-term and profitable system. Vestige is India’s fastest-growing MLM organization, with over 250 sales shops, one global office, and numerous distribution facilities.
Vestige has built a large vendor network that continues to grow year after year.
Tupperware is a plastic housewares manufacturer established in the United States that produces plastic bottles, food containers, kitchen appliances, and other household items. Tupperware promotes its products through multi-level marketing. Tupperware, unlike other MLM organizations in India, is known for its high-quality, long-lasting items.
The company generates over INR 1600 crores in annual revenue.
Tupperware, a direct-sales corporation, was rebranded Tupperware Brands Company in December 2005. Tupperware will be present in over 100 countries by 2021. Tupperware India, the firm’s subsidiary, is India’s best MLM cookware company.
A herbal lifestyle product producer located in the United States and an MLM company in India that promotes its products through multi-level marketing. They do business in North America, Mexico, South and Central America, Europe, the Middle East, and Africa, Asia Pacific, India, and China, and Europe, the Middle East, and Africa.
Weight loss drugs, protein drinks, protein bars, teas, aloe vera, vitamins, energy, sports hydration, and personal care items are all manufactured by Herbalife Nutrition.
Herbalife products are made in factories in the United States and China.
Because Herbalife is a global company, you have the opportunity to earn money while selling items. It is one of the most profitable enterprises and the top herbal medication MLM company in India. Independent Herbalife distributors might earn up to 73 percent of the product income.
4. DXN India
It is a subsidiary of DXN, a firm that specializes in Ganoderma medications. Ganoderma is a type of fungus that helps to enhance immunity, fight fatigue, improve memory, increase energy stamina, lower cholesterol, and many other things. These herbal antioxidant remedies are made by DXN.
It is a Malaysian multi-level marketing organization. It is India’s best and most legitimate MLM firm, with over 10 million worldwide distributors. Dr. Lim Siow Jin, an alumni of the famous Indian Institute of India, developed DXN.
DXN was placed 15th among the top direct selling companies in the world on the Direct Selling News Global 100 list in 2018.
Modicare is India’s oldest MLM enterprise. Wellness, Skin Care, Color, Personal Care, Homecare, and a variety of other products are available.
Mr. Samir Modi established Modicare.
Modicare has a presence across the Middle East, South-East Africa, Southeast Asia, Australia, Europe, South America, and Central America, despite its origins in India. Their products have been offered at very low costs, despite the fact that the quality is excellent and equivalent to those offered by major global manufacturers.
In India, Amway is a MLM corporation located in the United States. It makes health, skincare, and household items. Amway sells a wide range of products, including nutrition, beauty products, laundry products, soaps, cleaners, detergents, perfumes, and kitchenwares.
Amway is the most successful and wealthy multi-level marketing firm in India, as well as the world.
Amway is well-known for its high-quality products and immunity-boosting medicines. Amway has a global network of more than 3 million distributors.
RCM is one of India’s largest multilevel marketing firms, having over 10 million direct marketing partners spread across the country. RCM’s main items, unlike Amway or even Herbalife, are groceries, makeup, and apparel. There are almost 750 different products available.
Once you’ve become a direct vendor, you can start promoting RCM products and receive rewards for purchases made by you and others in your group.
You can buy things at a 15% discount and sell them for a higher MRP, generating 15% to 20% profit. You can also save 10% to 32% on purchases done through a person in your category. Your commissions range from 5% to 32% depending on your Business Volume (BV).
Safe and Secure Online Advertising Pvt. Limited, like Smart Value Products and Services Limited and Vestige, is an MLM company in India. Safe Shop offers a variety of educational, lifestyle, and technology products, as well as men’s and women’s clothing, tableware, and Ayurveda products for better health.
The company has over 200 products in its catalog, covering almost every class and offering a generous amount of free merchandise. Traditional treatments are safe and provide the bulk of FMCG goods at competitive prices.
Safeshop is only active in India.
9. Mi Lifestyle Marketing Global Private Limited
Mi Lifestyle Marketing Global Private Limited is a multilevel marketing organization based in India that only serves the Indian market. The company, which was founded in 2013, sells health and lifestyle items. Mi Lifestyle is a relatively new name in the Indian MLM market, but it generates around INR 100 crores in annual income. Despite the MLM industry’s unpredictable nature, the company has managed to exhibit significant growth without causing any problems.
The new name has a bright future in the marketplace.
10. Forever Living
Forever Living MLM is based in Scottsdale, Arizona and was founded in the United States. It is India’s best MLM company situated in the United States. They have approximately 9.5 million suppliers spread throughout 150 countries.
It is believed that the company, currently known as Forever MLM Company, was founded by its current owner as a business by selling items and opportunities to his closest relatives and friends. Products from the Forever MLM Business are made from Aloe Vera, a natural plant with medical properties.
Because the majority of the items are organic, there are no serious negative effects to worry about. Makeup, health beverages, specialized skincare solutions, and more are among the products available.
Also Read: Starting a Business in India
Top 10 Best MLM Companies in India – Comparision
|Sr. No||Company Name||Website||Origin Country||Revenue in INR||Products||Founded in|
|1.||Vestige||www.myvestige.com||India||500 crore||Beauty products, Household, and personal care, skincare, cosmetics, hair care products||2004|
|2.||Tupperware||www.tupperware.com||USA||1670 crore||kitchen and home products||1946|
|3.||Herbalife||www.herbalife.com||USA||33402 crore||Nutrition and weight control products||1980|
|4.||DXN India||www.dxn2uasia.com||Malaysia||700 crore||Health care, household, and personal care, skin care products||1993|
|5.||Modicare||www.modicare.com||India||400 crore||Wellness, Skin Care, Color, Personal care, Homecare, SM Watches, Tech, Jewelry||1996|
|6.||Amway||www.amway.com||USA||65400 crore||Health, Beauty, nutrition, and Homecare||1959|
|7.||RCM||www.rcmbusiness.com||India||200 crore||herbal medicine, skincare, beauty products stationery items||1983|
|8.||Safe Shop||www.storesafeshop.com||India||550 crore||kitchen, Household, and personal care||2000|
|9.||Mi Lifestyle Marketing Global Private Limited||www.lifestylemarketing.in||India||100 crore||Health and lifestyle products||2013|
|10.||Forever Living||www.foreverliving.com||USA||1500 crore||Drinks, cosmetics, nutritional supplements, and personal care products||1978|
How to start a new MLM company in India?
It may be a smart idea to start your own MLM firm. Beginning an MLM business is significantly easier than starting any other type of business. We’ve laid out the steps for starting your own MLM business in India.
- Choose a product and a target audience.
- Arrange for money for product development and first firm marketing.
- Register your business according to government regulations.
- Obtain a business license and complete all legal requirements for the company. You can seek advice from a CPA or an expert.
- Create a business model and a route map.
- MLM software can be bought or built.
- Develop strategies and promote your company.
What is wrong with MLM companies in India and how can you deal with it?
MLM companies in India have been providing job possibilities and employment for the past 5 decades. Joining a multilevel marketing organization might be a fantastic part-time career. Remember, this is not a method for becoming a billionaire overnight. MLM distributorship is generally regarded as one of the most difficult jobs because it necessitates a wide range of abilities. You should have the ability to persuade others. Like an LIC agent, you must be a competent salesperson.
Unfortunately, many businesses are running pyramid schemes for criminals. In India, there are about 3000 MLM companies. In India, only a few MLM companies can verify their validity.
How to spot the thug MLM companies in India?
A legitimate MLM company and a pyramid scheme organization are completely different.
A legitimate MLM organization will never require you to make an initial investment. They will never pressure you to buy any beginning kits. And, most importantly, they would be selling high-quality goods. In India, a legitimate MLM company may not charge a membership or registration fee.
Frequently Asked Questions
Which MLM company in India is the best to join?
There are several MLM firms in India whether you are seeking for a part-time or full-time work in the multi-level marketing industry. Many countries recognize Amway, Vestige, Tupperware, and Forever Living as legal MLM companies.
Which is the fastest growing MLM company in India?
Vestige Marketing Pvt. Ltd. is one of India’s fastest-growing multilevel marketing companies. The business was founded in 2004. It generates more than INR 100 crores in annual revenue.
Are MLM companies illegal in India?
No, In India, a MLM firm is lawful, but pyramid scheme organizations and corporations are not.
What is a Pyramid scheme?
MLM companies frequently use pyramid schemes. It’s a business strategy in which recruits are obligated to join a chain of two more recruits. They continue in this chain structure, and the chain takes the shape of a pyramid, with board members and employees who joined the company earlier at the top.
Who can join an MLM company in India?
In India, anyone over the age of 18 can become a distributor for an MLM organization. With a few exceptions, some MLM companies in India may require a graduate degree or a certificate of completion of the 12th grade.