Which Multi Level Marketing Companies are Creating Buzz These Days?
Which Multi Level Marketing Companies are Creating Buzz These Days
?
There are many multi level marketing companies around that are both legitimate and not. Finding the legitimate ones is important if you want to build a life time residual income from it. Below are some of the popular companies around, however, there are many.
Avon
Avon is a publicly traded company (AVP - NYSE) and markets its products through Independent representatives. They have over 5 million and counting representatives who are building a solid business for themselves. Starting back in 1886 as a perfume company in California, Avon is one of the largest resellers of cosmetic products today netting over $8 billion annually.
Multi level marketing companies that succeed typically offer a large product line. Avon is no different with its large product line including perfume, bath & body, skin care, wellness products, make up, hair care, men's catalog and more.
You earn retail commissions through personal sales you make plus bonuses based on performance. Commissions range depending on sales volume but typically go from 20% to 50% of sales volume.
Melaleuca
Melaleuca is another one of those popular multi level marketing companies who have been around for some time. Founded in 1985, they are headquartered in Idaho Falls, Idaho and net an annual profit of over $887 million in nutritional, personal care, wellness and cosmetic products.
Melaleuca has been one of the fastest growing companies on the Inc. 500's list from 1990 through 1994 and are today a very large privately owned company. Being in business for over 20 years they now hold a product list of over 350 products which most everyone wants and needs. Their products can be a little bit pricier than store brand products, but generally it is worth it because of the quality of the product.
Their compensation plan is about the same as any MLM marketing opportunity which encourages both personal sales and team building. All Independent representatives are compensated for their hard work and recruiting new team members does not go unrewarded.
ACN
This company started back in 1993 and is one of the few multi level marketing companies that serve nationwide. In fact, this company now targets over 18 different countries and 3 separate continents. Being a huge telecom company, ACN offers high demand products and services that most people need.
Some of the products and services ACN provides are new VoIP technology which is routed through the Internet instead of outside phone lines. They also offer a cell phone service with top cell phone providers and satellite TV, also with top providers. No matter which product or service people get, you are paid a percentage of every monthly bill which turns out to be a great residual income that will grow over time. Not to mention, you are also paid for every representative you get to sign on to the business opportunity.
Whichever multi level marketing companies you research and decide to join, it is important that you go with one that is reputable and legitimate. Typically, the longer they have been in business the better chances of them being legitimate. Once you find that perfect MLM business, there is no stopping the amount of long term income you can make with it.
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