What are MLM Companies?

MLM companies are based upon the network marketing business modules which profit from a new registration. It is also known as network marketing.

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They earn their revenue from the sales of their actual products and services through a large network.

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Each member of this network can see himself as an independent business owner and a network marketer.

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Members sell the products of the company to get profit and extra income via new member recruitment.

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MLM companies can be referred to as a Pyramid scheme in which the brand company gets profit from the network sales and the richest one on the top.

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Amway is one of the richest companies of MLM which produce healthcare and beauty homecare products with the Revenue of $8.8 billion

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Distributor’s salary is fixed by the MLM plan, Genealogy, and commission scheme that the company used to follow.

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Jeunesse is counted as the second largest company by the revenue of $8 billion with the product distribution of personal care and wellness products.

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Natura, Isagenix, Herbalife Nutrition, Vorwerk, Avon, Coway, Infinitus, and Mary Kay are the other top MLM companies.

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