Network marketing is a business model which relies on people to sell a company’s goods by creating a network with other people.
This business model is prevalent as it has no bars of education, age or location. The network marketing companies in India have a pyramid-like sales structure, and they provide a commission based income.
As you move up the tier, your income increases, and you have a large chain of company representatives working below you.
How does Network Marketing Works in India?
Network marketing is termed MLM Business in India. This business model involves selling through a network of people.
The company can either earn by direct selling of the product or by enrolling more people to get the sale. It’s effortless to understand, for example, you have a product, and you hire two people as sales-person, and they further enroll four more individuals.
Now, you have a network of six people to sell your product. Your income will be the commission from the sales executed by all six individuals.
As the number of individuals in the chain increases, you go up the tier and your income increases. Network marketing just utilizes the sales skills of its network to earn revenue.
Therefore, if you have sales skills, network marketing is the right thing for you. You can indeed make hefty profits. Primarily, network marketing has two goals:
- Creating an extensive chain/network of people willing to sell the products.
- Boosting the sales of the company.
With rapidly increasing digitalization and internet practices, Network marketing is expanding in India at high speed. By 2021, the nation will have about 450+ networking companies. But not all are the best.
Following are the top 10 MLM companies of India in 2021:
Vestige
Vestige offers high-quality personal care, health, and luxury products. The company has millions of distributors spread all across India.
It follows the typical marketing business model where profits are made either through direct selling or through the performance of people below you in the network or both.
Based on the performance of your network, the company provides a 5-10% bonus on cumulative performance and about 14% bonus on business building and other funds. The company has made it through the top 5 MLM companies in India.
Oriflame
Oriflame is one of the top network marketing companies in India. It has an immense presence in India for its Swedish beauty and personal care products.Â
The company allows its customers to register themselves either as VIP customers or as brand partners to get a discount of more than 20% on MRP and then sell them to profit.
The company also introduces discounts under various schemes. The company promotes direct selling as well as selling through the typical tier system of networking.
Herbalife
You must have most definitely heard Herbalife. Increasing health awareness has become one of the top multi-level marketing companies in India right now.Â
The company deals in health and nutritional supplements. The products sold by Herbalife are not available in general stores, and Herbalife offers to earn through direct selling and network marketing.
DXN India
DXN is well known all across India for its unique products in the line of Ayurveda, health supplements, food and beverage, personal care and cosmetics.
The company directly offers a 15-25% profit on retail and 6-21% profit as a group on joining as a member. The profit increases as your position get upgraded through sales.
DXN India does not support selling through third-party websites such as Amazon, Flipkart etc.
Modicare
Modicare is famous for providing ordinary people with earning opportunities through network marketing.
The company offers products ranging from personal care to skincare and from homecare to skincare.
The company offers up to 20% profit and other benefits on outstanding individual or group sales performance.
Amway
Amway is one of India’s best direct selling companies with a considerable market influence and is well known to offer a wide variety of products. There is no registration fee, and you can choose to earn through direct selling and MLM.
RCM
Have you ever heard of a network marketing company offering you to earn through sales of grocery items, cosmetics and garments?
Yes! It is RCM. The company is known for its wide range of products. The company has a product catalogue for you to go through to get product details. It offers commission-based profits through network marketing.
Safe Shop
The safe shop is a relatively new company but still has managed to make it through India’s top 10 network marketing companies in 2021.
The company deals in essential, fashion and personal care products and has tremendous growth potential.
f you are looking to start as a marketer, you can join a safe shop; you will surely earn hefty as the company grows.
MI Lifestyle Marketing Global Private Limited
Mi global marketing limited was established in 2013. The company is one of the top 10 direct selling companies in India.
Not only this, but it is also a famous MLM company in the country. Mi lifestyle offers a wide variety of products ranging from health care to personal care etc. The company also deals in Agri products.
Forever Living
Forever Living is a relatively new marketing company that trades in health care and beauty products.
The company has shown considerable growth potential by making its way to India’s top 10 best MLM companies.
Forever Living is a suitable workplace for you if you want to earn through the network and promote brand awareness to drive sales.
India has more than 450 direct selling companies, making it too difficult to choose from. A network marketing business sounds fancy, but you cannot ignore that an MLM success rate of 0.04% is quite intimidating.
The Internet has become an integral part of MLM business, and the Internet has made it easy for networkers to persuade others via social media.
But instead of trusting random calls from direct sellers, do your own research. Use the Internet to gather information as most direct sellers use deceptive methods and false claims to lure others.
Not all are frauds; many are genuinely giving opportunities to make money through networking skills.
But a little research will go a long way. Be a little wary, invest some time and then make a sound decision.Â
