MLM & Direct Sales Software for Health & Wellness, Top 100 Business Earners in Network Marketing World! From the available resources and references, we have found out a count of about 80,000 boxes have been sold over a period of 6 months. The marketing world is dynamic and ever-changing — trends, technology, and tactics are never stagnant. Would you like to consider direct selling as an efficient part-time business opportunity? Now, if you check out the below stats and consider the above innovative idea, one important thing that lays a foundation will be the years of experience and out-of-the-box thinking. China is the largest marketplace for MLM, surpassing the US in the recent past. However, Avon’s search interest began to decline after reaching its maximum. *, Direct selling requires only a minimal start-up cost of $82.50 when compared to other industries.*. The more engaged the distributors are, the more they earn. It is one of the most trusted ways of generating customer base. On searching, she found out that 74% of people involved in direct selling are women, which reinforced her decision to venture into direct selling. The flexible operability of MLM businesses makes their entry into international trade a lot easy. Best regards, Sales figures are expressed at Estimated Retail level and exclude Value Added Tax. Direct selling in Canada shows a 1.5% growth for the past 5 years (2015-2020). Network marketing is prevalent on all continents and is widely operated in developing and developed countries. Start building your Network Marketing business with brand new Epixel MLM Software®. The usage of social media around the world is ever-increasing. ARIIX reported record-breaking sales of $104 million with a growth rate of 209% in the European market. … Direct selling representatives spend an average time of 30 hours per week. 25% achieves the desired profit they planned for while joining the business. It reached 100 points in November 2015. MONAT Wellness reports a record-high sales of $10 million in the first 24 hours. SMEs are preferring the distribution of their goods through network marketing companies, primarily due to low investment and comparatively high returns. About 10% of distributors earn over $100 a week through their marketing efforts and skills. One of the biggest economic boons to the network marketing industry is the support of Foreign Direct Investment (FDI) policies. Many people are not able to believe that network marketing works. In 2018-19, wellness products shared 33.2% of sales contribution globally. The Asia-Pacific region is the fastest growing ecommerce region in the world. China is the largest marketplace for … Now the plan is fixed. With the success stories piling up, more companies are becoming involved with the network marketing business model. Product portfolios are being revamped, and the industry is also witnessing a strong uptake owing to the integration of social media and online marketing technologies. we can assure you (...), What a nice comment that makes a lot of sense. Not only the selling process is simplified, but also the sellers are able to get more insights about the customer behaviour and their preferences to a greater extent. According to the surveys, 25% of participants made money through network marketing. At some point in your life you’ve been pitched a multi-level marketing (MLM), direct selling, or network marketing business opportunity. They renamed later into Southwestern advantage and the revenue they generated in 2019 is around $138M. Clara already knew that when she approached her friends to introduce her business, they would undeniably check whether the product she offers is in high demand or not, so that they don't lose money hand over fist. Full-time distributors earn an annual increment of $300. By continuing you consent to our privacy policy. Amway comes second in the list with 10.5% couples as distributors, and doTerra and Melaleuca with 9.8%. I also noticed that some people were interested in knowing how many people became a millionaire; the network marketing millionaire statistics. South Korea is also among the top countries to witness stimulating growth in the direct selling industry. 15.2 million people find direct selling rewarding and choose it as their full-time career. Nowadays, it is the … Direct selling has been and will always be the best platform to do business for your products and take in as a business model for marketing them to consumers. After all, the meaning and the goal of this business model is to sell products and if the product selling is not the goal then you have to take a close on it as it falls under illegal pyramid schemes. Yes, it is but to an extent this article can help you to look around the whole system without many dilemmas. Korea maintains the third position among the retail sales list with $17.6 billion. This case study tells how network marketing can be properly utilized with a unique idea and marketing plan. But from the data, it is clear that popularity isn’t the factor that makes people buy products. There are many single-level marketing companies—selling products without a recruiting component—where the likelihood of generating income is much higher than typical MLM statistics. With that consistent increase in audience, email continues to be one of the most productive advertising mediums. The most important ingredient in the industry that connects every group is the product. E.g. Statistics, facts, data and insights from the Direct Selling Association regarding the direct selling industry. Direct selling companies who have DSA membership follows the DSA code of ethics and offer 90% buyback on starter-kit distributors purchase. (Source: IAB) Not only AM is growing fast, but it is already a massive global industry. The article connected with her instantly, and she further searched about direct selling and its various possibilities. To answer this concern at first place, she needs to know about how good her choice of product is doing in the market. In times when there was no technology or an omnipresent mode of communication, entrepreneurs used to conduct marketing activities by spreading the word, asking help from others, appointing people as promoters, etc. Let's see which all countries top the industry worldwide and how much money they pull in each year. The time at which she entered the industry and her choice of product elevated professional growth. The majority of marketers plan to increase their marketing budgets this year, and Instagram is rapidly becoming the most widely-used channel in the industry. The place else may (...), Great place to spend time especially now. The average cost-per-click in Google Ads across all industries is $2.69 on the search network … Germany and Japan hold 4th and 5th positions in the list with $17.4 billion and $15.6 billion respectively. Millions of brands are becoming actively ready to partner with network marketing companies. As a result, the profit margin increases, and companies can stay profitable with the MLM approach. They made a success story by their own effort, do you have similar innovative plans to make your marketing ideas work out well? 27.9% of direct selling companies prefer party plans, 7.5% prefer direct orders as their business models. Well, different from what has been circulated among the general public about direct selling, it does help people to make good money and that’s why these companies were able to stand the tests of time. Even at a 25% success rate, these professionals are able to sell an average of two products per day, making their monthly commissions over $500. While the pitch varies from company to company, it basically … Out of the top 100 lifetime earners, 45% of them are men, 17% are women, 34% are couples, and 4% are mixed-gender partnerships. *, 69% find supporting small businesses as an appealing attribute of direct selling. A simple strategy with the best marketing scheme proposes an attractive option for worldwide customers. The industry proves worth enough, the numbers in terms of distributors as well as the revenue suggests it strongly. If they are happy with the products then they will be using it until something new comes up that satisfies their needs by means of new offers from other competitors, finding more satisfying customers for other brands, or anything that triggers the interests. As mentioned earlier, the first box is half price and for that, the customer has to fill up the details and then subscribe to the graze box. In 2020 and beyond, the network marketing industry is slated to remain one of the highest-earning industries in the global economic diaspora. Solve this simple math problem and enter the result. So, if you were Clara, who is to set out a direct selling business to accomplish both professional and financial freedom, what probable data and statistics would you be looking into? Social Media Marketing Clara very well understands how the trade goes on around the globe. Clothing and accessories contributes 6.1% to the annual direct sales. Based on the above stats, it is but obvious that as an industry, network marketing will have a great future. 25% among the direct sellers were from the age group 45-54. Here are those:-. I love this type (...), Thank you for these informative blogs! To clear up this concern, we have put together some stats and insights on the distributors in direct sales. Currently, the MLM industry is valued at around 167 billion USD, which is estimated to reach around INR 645 billion by 2025. This comes as no surprise, as up to 70% of internet traffic comes from mobile devices and 39% … 3,500 salespeople work for Mary Kay in the USA. Out of them, 53% of people made more than 5,000 U.S dollars. Herbalife operates in 94 countries through a network of approximately 4.5 million independent distributors and members. 23% of the direct sales consumers belong to the age group 55 and above. Clara is now not only a nice friend in her circle, but also someone who helped them to earn and live better. When have you planned to start yours? Over 6,400 salespeople work for Avon product selling alone in the US regions. Being the mother of a two-year-old, it was difficult for her to be in a full-time job and fulfill her responsibilities as a mom at the same time. Companies can use the stats and customer suggestions to pull out the magnet and thereby acquire more customers. A total of $23.4 in revenue has been made in the Chinese market from retail sales in 2019.,which stands in the 2nd position. Let’s see some more interesting facts about the distributors and some motivational facts. So it is important to be informed about these possibilities to get your business through this hard time. MLM Business Sales Statistics (Source) 2. A study can be made to find the cause and how to overrule it as a perfect solution which remains stable for the future. The COVID-19 pandemic has had a severe impact on every business. According to leading international trade reports, it has been estimated that the overall valuation of the network marketing industry had surpassed US$ 150 billion by the third quarter of 2019. The best time is NOW!!. With its initial success in the West, especially in the US, network marketing soared to new heights as a top-grossing business vertical. The success rate of MLM companies has gone up to 80% from 25% in the past five years. The world is moving to a new normal. A few days later, in a casual talk, Clara’s husband, Michael, who works in the accounts department of a pharmaceutical company, told her about how the pandemic has increased their sales and how increasingly people are being concerned about their immunity and health. In 2019, Amway makes an annual revenue of about 8.4 billion USD and holds the #1 position in the top direct selling company list. The below table lists the top 10 earners in the network marketing industry along with their company and income details. The working or marketing style varies from one another in direct selling and normal sales. Is that necessary? 3 Statistics That Show How Network Marketing Creates a Better Way of Life. The strategy is only provided in network marketing and not for a direct customer who enters the website and makes a regular order. In 2016, 31% of consumers find direct selling highly favorable in the USA. Education is not a barrier in marketing but customer acquisition with a proper set of presentation ability is a must-need skill to acquire. In the U.S. direct selling prospects are diverse with 48% women, 35% millenials and 20% African Americans. 58% 58% of the affiliate purchases was made on a mobile device in 2018. Source: eMarketer. Thanks for the post. When we considered the top 100 earners in the direct selling industry, we have found an interesting fact - Couples earn a high volume of money. 50 new direct selling companies entered the 100 million club in 2019. With their efforts and effective routines, they have been able to transform their lives as well as many others’ too. Since this method has been able to gratify customers, it is one of the reason why direct selling is able to withstand the covid-19 crisis. Retail sales of an average direct seller was $5176 in 2019. Case studies in network marketing prove to be an excellent way to improve your knowledge and skills in this area of expertise. As an entrepreneur, you can use the data above to find and sketch a pattern that lets you dominate the business, no worries! Due to its success rate, almost every country welcomes the network marketing business model. Online campaigns, co-branding, point of purchase (POP) marketing etc. The successful implementation of work from home scheme has made companies rethink the need for an expensive office space, since most of the companies could get their work done in WFH method with a great reduction in running costs. 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