Multilevel Marketing, or MLM, is one of the fastest ways to make money quickly, either full-time or as a side gig. However, to succeed with MLM companies and make money, you need to tie up with a legitimate company that offers unique and innovative products that people are willing to buy.
Excellent social contacts and an ability to convince people, or, rather, exemplary interpersonal skills, are all you require to become a superb Multilevel Marketer.
And of course, excellent, fastest growing MLM companies in 2024 that offer superb products.
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Why Become MLM Associate?
You’ll be amazed at the amount of money that MLM associates make every month. Millions of people are fulfilling their life goals and dreams through MLM.
According to available statistics, direct sales through MLM associates worldwide crossed the $192 billion mark in 2024. Therefore, in 2024, we can safely assume this figure was more than $200 billion.
Usually, MLM associates or Multilevel Marketers get to retain an average of 25 percent of the sales amount as commissions or profits. This means MLM associates worldwide made at least $50 billion among themselves.
Of course, this figure is at best ambiguous since MLM is a worldwide business. Hence, there’re no exact estimates about how many people are engaged in this business and the exact amount of money that exchanges hands.
At the same time, different MLM companies have various commission figures for their associates.
However, to become successful and rich, you’ll need to find an excellent MLM company. To help you achieve your goals, I’m providing this list of the top 10 fastest growing best MLM companies in 2024, which you can work with.
Top 10 Fastest Growing MLM Companies to Watch in 2024
This is a list of the top 10 fastest-growing MLM companies to watch in 2024. There’re several others of course. However, this list is based on various parameters such as product acceptance and profit margins.
1. NHT Global
US-based MLM company NHT Global produces beauty, wellness, lifestyle, herbal and skincare products that are immensely popular among users worldwide.
They have an excellent compensation policy for their MLM associates. NHT Global is making a mark across the US and other parts of the world for its excellent range of products.
As the name suggests, Youngevity has everything that helps you feel fit and younger. They have an extensive range of herbal and natural products such as nutritional supplements, dietary supplements, immunity boosters, and lots more than any person in their 20s and above would desire.
Youngevity is a growing MLM company and holds a lot of promise for aspiring MLM associates.
Before I talk of Seacret, let me tell you a secret. This company is offering free samples of its products for you to try in 2024 before becoming an MLM associate. What makes Seacret so special to figure on this list?
They’re into creating very innovative beauty and wellness products from seaweeds and other similar stuff that grows in oceans across the world. Seacret products are indeed unique and have a large following worldwide.
Do you love fashion and have a flair for helping people select excellent dresses? Then Captain Tortue is the right MLM company for you in 2024. Captain Tortue is a UK-based firm that specializes in casual and formal clothing for people of all ages.
You’ll be known as a ‘Fashion Consultant’ when you join the Captain Tortue team and advise people about various dresses they sell. And they have unique styles and fashions that aren’t available everywhere.
5. Stampin’ Up!
Home décor, paper cards, memory keepers, and lots of similar stuff you won’t find at other stores can be bought through MLM associates of Stampin’ Up!
Again, this is a unique MLM opportunity for everyone since their products are unique and made to fit every need and budget. You can also host a Sale-A-Bration or an event to sell products of this MLM company or create brand awareness.
Neolife operates in several countries around the world. It is a legit MLM company that specializes in nutritional supplements and herbal medicines that are said to help prevent various common ailments.
Neolife offers very handsome commissions to its MLM associates worldwide. And joining Neolife isn’t very difficult either. All you need to do is submit an online form and await acceptance of your application to start working as their MLM associate.
Thirty-One is a dream come true for every woman who wishes to enter the MLM business. Indeed, their entire range of products is geared toward women only. These include dress accessories, purses handbags, and lots more.
Thirty-One charges a nominal fee of $1 only per month from its MLM associates. And you also have the option to have your own branded website to sell the Thirty-One range of products.
8. Party Lite
Scented candles, fragrant oils, and lamps are some of the fabulous stuff you can sell as an MLM associate of Party Lite. These are very niche products and hence you’ll find excellent clientele for their range quite easily.
These candles and fragrant oils aren’t similar to the ordinary, commercial ones you can buy online or off the racks from supermarkets. Party Lite stuff is indeed exquisite and reasonably priced.
9. Park Lane Jewelry 444
For women entrepreneurs that wish to start an MLM business, Park Lane Jewelry is an excellent option. They have a superb range of necklaces, bracelets, earrings, and lots more that would attract every woman you know.
And they have a range of men’s jewelry too. Park Lane has a very amazing range that would tempt you to become their MLM associate in 2024.
And their products are in high demand for their superb styling and designs. You become a Park Lane ‘Stylist’ when you join their MLM network.
10. Pampered Chef
Help people lead a healthy life and enjoy the time they spend in the kitchen cooking excellent recipes by becoming a consultant with Pampered Chef.
This American company specializes in food products and foodstuffs, kitchen equipment, and other essentials that are unique to churning up mouthwatering dishes. Pampered Chef also allows you to host a party to popularize its range of products.
Legit MLM v/s Ponzi Schemes.
The above is my curated list of fastest-growing MLM companies in 2024. These are legit companies and have wonderful products. Additionally, they also enable you to make a lot of money.
If you notice, I always use the term legit when speaking about MLM. Why’s that? Because you need to know the difference between an excellent and legit MLM company and a fraud Pyramid or Ponzi scheme.
Usually, legit MLM companies have a strong track record and don’t charge any undue fees for joining. Nor do they charge for training, except in special cases. Legit companies usually sell products.
On the other hand, Ponzi schemes also work on MLM principles but don’t sell products. Instead, they offer financial services and get-rich-soon ideas. These are illegal companies. Hence, beware of these, though they may present really convincing success stories.
You, too, can join any of these fastest-growing MLM companies in 2024 and make your fortune. As you’ve seen, these are the best MLM companies that offer unique products and have an excellent market reputation.
Therefore, you, too, can make a lot of money through your own social network. And help others join too.
What are the best MLM companies?
Top MLM companies include Amway, Avon, Herbalife, Mary Kay, Nu Skin, and Rodan + Fields. These companies offer a wide range of products. It's important to research and understands risks and rewards before joining any MLM company.
Which network marketing company is the fastest growing?
Jeunesse Global, DōTERRA, Young Living, Isagenix, and Nu Skin are considered to be experiencing fast growth in the network marketing industry. They specialize in health and wellness products such as anti-aging, essential oils, weight loss, and nutritional products. It is important to do research and understand the risks and rewards before joining any network marketing company.
What is the number 1 MLM company in the world?
It is difficult to say which is the number one MLM (multi-level marketing) company in the world as the industry is constantly changing. However, some of the largest and most successful MLM companies in the world include Amway, Avon, Herbalife, Mary Kay, Tupperware, and Nu Skin. It is important to do your own research and be critical before investing in any MLM company.
Which is the fastest growing MLM company in India?
It is difficult to say which is the fastest growing MLM (multi-level marketing) company in India, but some of the largest and most successful companies include Amway India, Herbalife India, Vestige Marketing, and Modicare. These companies are known for their wide range of products, including personal care, health care, home care, and agri-business.
What is the longest running MLM?
Amway, founded in 1959, and Avon, founded in 1886, are considered the longest running MLM companies. Amway offers a wide range of consumer products, while Avon specializes in beauty products.
Can you lose money in MLM?
It is possible to lose money in MLM. MLM companies require individuals to invest in start-up kits or inventory, and if they fail to sell enough products, they can end up in losses. Additionally, income potential in MLM is often dependent on recruiting others, which can be difficult. It's important to thoroughly research and be cautious before investing in an MLM opportunity.