We all want to earn a little more money by doing part-time or some other work. In such a situation, joining MLM companies in India can prove to be a very wise move. But if you try to get involved without understanding this industry, without learning about it, you may fall into the hands of scammers.
Take a sigh of relief, you have come to the right place. Whatever problems and questions you have regarding MLM, we will try to solve them.
MLM has been employing people for the last many years. Especially empowering housewives by giving them a source of income that is why today the participation of women in this industry is more than 56%. To join an MLM company in India you need to know everything about its business model and the services offered by it.
What is MLM?
MLM is an abbreviation of Multi-Level Marketing. It is also known as referral marketing or network marketing. The MLM company in India is often seen as a controversial business model. Often companies or groups with pyramid schemes and Ponzi schemes are disguised as multi-level marketing companies.
In many countries including India, companies with pyramid schemes are illegal.
In MLM, a company makes its income by selling products, and the commission given by distributors on recruiting a team of new distributors. In many MLM companies, distributors are the consumers, which can question their legitimacy and their product quality.
MLM companies in India use these strategies to build a large customer base for their products at a very low cost. The workforce of the company 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 FICCI report published in 2015, 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.
The Increasing popularity of MLM companies in India is backed by many reasons. Unemployment, cheap labour, lack of digital literacy, inflation, and underpaying jobs are causing uneasiness among people. With increasing inflation rates, people need more money to spend on more resources. Various MLM companies provide them with a side income.
Another reason is the lack of regulation in the MLM industry. Lately, we have seen many cases of fraud and forgeries by various MLM companies. Still, there is no government body to regulate these companies.
Many fraudsters had disguised themselves as an MLM company in India to run various Ponzi schemes. In March 2021, a Bengaluru-based firm, cheated over 10 lakh people, for Rs 1,500 crores.
Top 10 Best MLM companies in India
- DXN India
- Safe Shop
- Mi Lifestyle Marketing Global Private Limited
- Forever Living
1. Vestige Marketing Pvt. Ltd.
Vestige is an Indian multi-level marketing company that was started in 2004. It is continually expanding its product range to present innovative products annually fabricated at innovative manufacturing centers that are GMP certified. It is an ISO 9001-2008 certified firm and believes in supplying world-class service levels for each of its clients.
The growth speed of the MLM company speaks about the caliber of the goods and marketing program and the direction that’s been in a position to provide such a sustainable and rewarding system. With over 250 sales outlets in India, one global office, and many distribution centers, Vestige is the fastest-growing MLM company in India.
Vestige has assembled a widespread network of vendors that’s continuously expanding each year.
Tupperware is a U.S.-based manufacturing company that makes plastic housewares such as plastic bottles, food containers, kitchen products, and other house products. Tupperware uses multi-level marketing to promote its products. Unlike other MLM companies in India, Tupperware is known for its good quality and long-lasting products.
The company earns annual revenue of more than INR 1600 crores.
The direct-sales company Tupperware, in December 2005 was renamed Tupperware Brands Corporation. In 2021, the Tupperware business is spread over 100 countries. Its subsidiary, Tupperware India is the best MLM company in India that supplies kitchenware.
A U.S.-based herbal lifestyle product manufacturer and an MLM company in India that uses multi-level marketing tactics for their product promotion. They operate their business in North America, Mexico, South and Central America, Europe, Middle East, and Africa, Asia Pacific, India, and China.
Herbalife Nutrition manufactures weight loss medicines and protein shakes, protein bars, teas, aloes, vitamins, energy, sports hydration, and personal care products.
Herbalife products are manufactured in US and China manufacturing plants.
Since Herbalife is a multinational firm it provides you the possibility of making cash together with products. It is among the most profitable businesses and the best MLM company in India for herbal medicines. Herbalife independent distributors can make up to 73 percent of the goods revenue.
4. DXN India
It is a subsidiary of DXN company which is engaged in manufacturing Ganoderma medicines. Ganoderma is a special kind of fungi that boosts immunity, fights fatigue, improves memory, increases energy stamina, lowers cholesterol, and many more. DXN prepares these herbal antioxidant medicines.
It is a multi-level marketing company based in Malaysia. With over 10 million worldwide distributors, it is the best and legit MLM company in India. DXN was founded by Dr. Lim Siow Jin, an alumnus of the prestigious Indian Institute of India.
In 2018, DXN was ranked 15th on the Direct Selling News Global 100 list among the top direct selling companies in the world.
Modicare is the oldest MLM company in India. They offer a wide array of products such as Wellness, Skin Care, Color, Personal care, Homecare, and many more.
Modicare was founded by Mr.Samir Modi.
Although the Firm Began in India, Modicare has marked its Existence in the Middle East, South-East Africa, South East Asia, Australia, Europe, South America, and Central America. Their goods have been offered at very affordable prices although the grade is leading and comparable to each of their highly-priced options provided by other multinational manufacturers.
Amway is a U.S.-based MLM company in India. It manufactures health, skincare, and home products. Amway distributes a wide product list of many different goods, such as nutrition, beauty products, laundry items, soaps, cleaners, detergents, perfumes, and kitchenwares.
Amway is leading multi-level marketing and is the richest and successful MLM company in India and the world as well.
Amway is well known for its immunity-boosting medicines and quality products. Amway has recruited more than 3 million distributors all over the world.
RCM is one of the largest MLM companies in India with over 10 million direct marketing partners dispersing all around the nation. Unlike Amway or even Herbalife, RCM’s major products are grocery products, makeup, and clothing. It provides over 750 distinct kinds of merchandise.
As soon as you’ve become a direct vendor you may begin promoting RCM goods and earn incentives based on purchases made by you and individuals within your group.
You can purchase products at a 15% discount and sell at a greater MRP earning 15% to 20 percent in earnings. You also get 10 percent to 32 percent over the purchase made through a person in your category. You get commissions between 5% and 32% based upon your Business Volume (BV).
Safe and Secure Online Advertising Pvt. Limited is an MLM company in India Such as Smart Value Products and Services Limited and Vestige. Safe Shop provides you with different educational goods, lifestyle, technology goods, both men’s and women’s clothes, utensils, and Ayurveda goods for great health.
The business has over 200 products in its portfolio, covering virtually every class with an exceptional supply of free merchandise. Safe and safe traditional remedies even provide the majority of the FMCG goods at aggressive rates.
Safeshop only does business in India.
9. Mi Lifestyle Marketing Global Private Limited
Mi Lifestyle Marketing Global Private Limited is an MLM company in India that serves only in India. Founded in 2013, the company distributes health and lifestyle products. Mi Lifestyle is a new name in the Indian MLM industry, still, it employs an annual revenue of almost INR 100 crores. Among the chaotic behavior of the MLM industry, the company has managed to show positive growth without indulging in any controversy.
The new name has shown a promising future in the market.
10. Forever Living
Forever Living MLM was Set in the United States and is headquartered in Scottsdale, Arizona. It is the best U.S.-based MLM company in India. They have recruited over 9.5 million providers situated in over 150 nations.
It’s said that the firm, which we now understand as Forever MLM Company, was launched by its present owner for a company by offering the goods and chance to his closest family and friends. Forever MLM Company products derived from Aloe Vera that’s a natural plant that’s thought to possess great medicinal features.
Since most of the products are organic, there are no real side effects which you want to get bothered with. The product range contains makeup, health drinks, specialized skincare solutions, and many more.
Also Read: How to Start 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?
Building your own MLM company can be a good idea. Starting an MLM company is much easier than building any fundamental business. Here, we have shared the procedure to start your own MLM company in India.
- Decide on a product and your targeted market.
- Arrange fundings for the production of products and initial marketing of the company.
- Register your company as per the government norms.
- Get a license and complete all legal work required for the company. You can consult with a CA or with an expert.
- Design your business model and roadmap.
- Purchase or build MLM software.
- Strategies and market your business.
What is wrong with MLM companies in India and how can you deal with it?
For the past 5 decades, MLM companies in India have been providing career opportunities and employment. Joining an MLM company can be a great part-time job. Remember, it is not a formula for being an overnight millionaire. MLM distributor is always considered as one of the hardest jobs as it requires a lot of skills. You should have the prowess to convince people. You need to be a good salesman just like a LIC agent.
Sadly, there are a lot of companies that are running pyramid schemes for thug people. There are over 3000 MLM companies in India. Only some MLM companies in India can prove their legitimacy.
How to spot the thug MLM companies in India?
There is a very slight difference between a legit MLM company and a Pyramid scheme group.
A legit MLM company will never ask you to invest first. They will never urge you to purchase any “starter packs”. And very important, they would be selling products of good quality. A legit MLM company in India might not ask for any membership fee or registration fee.
Frequently Asked Questions
Which MLM company in India is the best to join?
If you are looking for a part-time job or a full-time career in the multi-level marketing industry, there are many MLM companies in India. Amway, Vestige, Tupperware, and Forever Living are few legal MLM companies recognized by many nations.
Which is the fastest growing MLM company in India?
Vestige Marketing Pvt. Ltd. is one of the fastest-growing MLM companies in India. The company was established in 2004. Its annual revenue is more than INR 100 crores.
Are MLM companies illegal in India?
No, A MLM company in India is legal however, the pyramid scheme groups and companies are illegal.
What is a Pyramid scheme?
Pyramid scheme is often practiced by MLM companies. It is a kind of business model where recruits are bound to join two more recruits in their chain. They continue this chain formation and hence this chain takes the shape of a Pyramid, where people at the topmost are either board members or employees who joined the company earlier.
Who can join an MLM company in India?
Anyone who is above 18 can apply for a distributor for an MLM company in India. Considering a few exceptions, some MLM complies in India can ask for a graduate degree or 12th pass certificate.