There are zillion MLM companies out there. Out of this, creating a list of the top fastest-growing New MLM companies 2020 is not an easy task! Well, we have tried our best, and it is listed out here in this blog!
Most of the ones included in the list have been in the top position for many years now and the case in 2020 is also not different. The New MLM Companies list is prepared by keeping in mind several factors like total revenues generated by the company, customer satisfaction reviews, quality of products, etc. Other than offering quality products and service, effective use of technologies like an MLM Software also contributes to the success of these companies.
Check out the list of the New MLM companies 2021 below.
DoTerra MLM company sells essential oils and other wellness-related products. The company was founded in the year 2008. The track record of the company when taken into consideration, since its foundation is really impressive. Just after seven months of its founding, they created a sale of over one million US Dollars. Then by the end of the year 2012, they began creating sales of $1 million on almost every day.
See their growth! And they touched the magical figure of One Billion US Dollars by the year 2015. All this does not imply that the company is growing only in terms of finance. Its number of consultants also grows at a greater rate. It is estimated that there around 3 million executives under the company, which is something that they can be proud of!
According to the statistics collected from multiple sources, it has been found out that Melaleuca’ s revenue grew over a whopping 31% in the year 2017 and it is still expected to grow only more! Like DoTerra Melaleuca also deals with products like essential oils, vitamins, and other beauty care products. They do also have a customer base of more than one million around different parts of the world.
Jeunesse generated sales of one billion in the year 2015. Since then the growth was always at rocket speeds. They mainly sell various anti-aging products and had a revenue of $3 billion in the year 2016. The growth percentage of Jeunesse was almost 30% between the years 2015 and 2016. They have also earned the title fastest-growing direct sales company for the year 2016.
Would you believe? The revenue growth of this MLM company was 60% between the years 2017 and 2018. It reached $1.2 billion from $750 million by the end of 2018. The total number of executives under the company was more than 3 million by the end of 2018. Now it might have been an amount some higher. They deal with the selling of the Cryptocurrency OneCoin.
Plexus worldwide was on 132 positions in the Inc. 5000 rankings for the year 2015. Also, their growth rate was 2833 percent between the years 2012 and 2015. It has only grown since then. The revenue of the company was $532 million in the year 2017 and it might have been much higher when the case of 218 is taken into consideration.
Plexus worldwide sells mainly nutritional and health supplement products. The company has been awarded an A+ rating by the Better Business Bureau in the year 2017!
According to data from the official sources of the Nu Skin MLM company, their revenue was $2.2 billion in the year 2016. They have been also occupied the 11th spot in the list of Direct Selling News’ Global 100. The major products sold by the company include anti-aging and weight management products. When coming to the total revenue of the company, it had earnings of $ 500 million in the first quarter of 2018. The growth rate was 6 % when compared to the previous quarter! The customer base also grew by 2 percent between the year 2016 and 2017.
Le-Vel is another major fastest growing company which is listed in the Global 100 MLM companies prepared by the Direct Selling News. The company had a ranking of 44 in the year 2016. The total earnings were reported as $449 million. The revenue increase from the year 2015 to 2016 was a whopping 254 percent. They also sell health and dietary supplements. One of their major products is Thrive, a naturopathic capsule.
Younique MLM company was founded in the year 2012 with their list of makeup and other cosmetic items. They do have a customer base of more than 4 million according to the official sources, and about 2 lakh consultants in various parts of the world. The gross earnings of the company grew at a rate of 6% when the years 2016 and 2017 is taken into consideration. The revenue reported in 2017 was 400 million US Dollars. The major share of the MLM company Coty was even purchased by Younique in the year 2017!
Pola, the Japanese network marketing company had a revenue of more than one million US Dollars in the year 2016. They had a rank of 21 on Direct Selling News list of Global 100 MLM companies. Would you believe? Pola has been in the market since 1929! It’s something only the best companies can achieve. They are now in the plan to buy various other small and middle ranged MLM companies as apart of their expansion.
Team Beachbody is the company that we thought of placing in the tenth position out the fastest growing MLM companies of 2019. They had a revenue of 863 million US Dollars for the fiscal year 2016 and was always a regular pick among the Global 100 by Direct Selling News team. Their revenue growth rate from 2017 to 2018 was almost 15 percent! Team Beachbody focuses on programs based on health care and fitness.
Hope, this list of Top 10 fastest growing MLM companies of 2020 helps you to get a better understanding of the various direct selling companies and their possibilities.
All of the ones mentioned here have proved their mettle. So if you are planning to join the sector pick one from the list! Here is also a list of Top 100 Network Marketing Companies in the world.If you feel there are some other companies that could have been listed here, do comment below. Good Luck!