MLM or Network Marketing is among one of the best part-time business Ideas. There are many network marketers all over the world who earns lakhs of rupees every month with minimum work or no work. You can generate passive income via MLM business.
MLM companies or Network Marketing companies can offer great work opportunity part-time without affecting your regular 9 to 5 Job. Anyone can join and work for MLM companies, there are no restrictions with respect to work experience and educational qualification.
MLM is one of the great part-time business opportunity, but you need to be careful about the selection of MLM company (Network Marketing Companies). There are many fraud companies acting as a network marketing company. To help you out in the selection of genuine network marketing companies here are various factors for the selection along with a list of Top 10 MLM & Network Marketing Companies in India.
Also Read – Top 10 Highest Paying Jobs and Career Options
Factors to consider for the selection of Best MLM & Network Marketing Companies
Product or Service Offering
The first thing you need to consider is the product and services offered by the MLM company. The product or services should be new or from frequently used – FMCG segment. The price of a product or service should be reasonable.
Leadership of Company
The leadership team of a company should be experienced and capable enough for understanding business and market scenario with respect to network marketing. You should also check about past success history of a leadership team.
The MLM company should be in business for several years. At least five years and above. The company should be reputed and trustworthy. The product and services of the company should be well accepted in the market.
The Compensation Plan
The compensation plan offered by MLM company should be robust and should keep the attention of the current prospects. The compensation should grow with your success and success of your network team. The payment offered should be efficient and time-bound.
Availability of Training
Another important factor to consider is an availability of business education material or training material. The MLM company should be offering training and business material for the business plan.
Based on various factors given above the list of few best MLM companies that you can join in India is given below.
Top 10 MLM & Network Marketing Companies in India
#1 Amway India
Amway is one of the oldest MLM companies. The origin of Amway is not in India, but Amway India has got a huge presence in India. Amway India offers more than 150 products in FMCG, personal care and health. Amway is popular for the product quality.
You can join Amway MLM network from the Amway website. You need to submit necessary documents within 24 hours to complete the registration. Once you are registered as ABO you can sell products of Amway. The commission rate is in the range of 6% to 21%.
#2 Mi Lifestyle Marketing Global Private Limited
Mi Lifestyle Marketing Global is one of the top MLM network marketing company established in 2013. In a short span of time, it has become the most popular network marketing company. The company offered multiple lifestyles and health-related products. You can register online to become an independent distributor. You need to purchase Rs.1000 products to become a distributor.
Herbalife is a USA based MLM company. Herbalife offers some of the best nutritional supplements made out of herbs and fruits. A Herbalife is a direct selling company. The product offered by the company is not available in any general stores. To join MLM of Herbalife, you need to register online and purchase membership kit. You can get a 25% discount on every product. You can sell these products on retail price and make a profit.
Modicare is one of the fastest growing network marketing company in India. This company was founded in India. Modicare offers a wide range of products under wellness, skin care, personal care, home care etc. Modicare offers a unique business plan called as Azadi plan.
You can become an independent consultant and sell Modicare products. The product offered to the consultant is 20% cheaper. The commission rate depends on your level in the organization. Apart from the commission, you will also get a bonus.
RCM is next in the list of Top 10 MLM companies. RCM offers multiple products in grocery, cosmetics, and garments. Once you become RCM direct seller you can promote RCM products and earn incentives. The RCM direct seller gets products at 15% discount. One can also get 10% to 32% on the product purchased by other team members in the group. Apart from a commission, you will also get a performance bonus.
OriFlame is a famous name in network marketing. Oriflame has a very good presence in India. OriFlame offers the best beauty and skin care products.
OriFlame allows you to register as a consultant. As a consultant, you get a 20% discount on every product. You can offer this product to other customer and earn more money. Apart from that, you can also earn performance discount in OriFlame.
OriFlame deals in direct selling. However, you can also buy products of OriFlame directly from the website.
Avon is next in the list of MLM Network Marketing companies. Avon is not so well-known name compared to OriFlame. But, Avon offers very good beauty and skin care products.
Avon Business program allows you to become Avon representative. Once you become Avon representative, you can get a product at discounted rates you can sell these products to your friends and earn a hefty commission. Avon also offers a higher commission on group sales.
Vestige is one of the best MLM network marketing companies in India. It is one of the oldest direct selling company in India. Vestige deals in health and personal care products. Vestige offers benefits at multiple levels. As a Vestige distributor, you can earn 10-20% saving on consumption, 5-20% as an Accumulative performance bonus and 14% as a direct bonus.
4Life is US-based direct selling company known for food supplements products for general health and wellness. 4Life offers a unique supplement for weight loss. 4 Life offers very good compensation plan to the distributors. The distributor can make up to 33% profit by product sell. In addition to profit, you can also earn commission and bonuses as per hierarchy.
#10 DXN India
DXN is next in the list of Top MLM network marketing companies in India. DXN India is known for unique health care, food supplements, and personal care products. DXN India offers 15-25% retail profit to the member. In addition to retail profit, you can also avail group bonus, development bonus etc.
These were some of the best direct selling MLM companies in India that you can join for Network Marketing.