If you are an individual who wants to earn extra money even without disturbing your current job or business then network marketing is a good way to start your side hustle.
The best part of starting a network marketing business is that it requires very minimal investment and anyone without any criteria can start this business.
But to get succeed in the network marketing business selecting the best network marketing company is also a predominant factor.
In this article, we will talk about the 10 best network marketing companies in India you can join.
But before moving further let me give a brief about what is network marketing and how does it work.
What is Network Marketing?
According to Investopedia “Network marketing is a business model that depends on person-to-person sales by independent representatives, often working from home. A network marketing business may require you to build a network of business partners or salespeople to assist with lead generation and closing sales.”
How Does Network Marketing Work?
Companies that follow the network marketing model often create tiers of salespeople that is, salespeople are encouraged to recruit their own networks of salespeople. The creators of a new tier (or “upline”) earn commission on their own sales and on sales made by the people in the tier they created (the “downline”). In time, a new tier can sprout yet another tier, which contributes more commission to the person in the top tier as well as the middle tier.
What To Do in Network Marketing Company:
Watch A Below Video in Hindi To know more about what we need do in network marketing:
Top 10 Network Marketing Companies In India:
Below you will find the top 10 network marketing companies in India. In India, you will find many companies which are claiming to be the best network marketing companies. But with the name, I will give a brief description of a company so that you can understand the motto, vision, products, and services of the company.
Here top 10 Network Marketing (MLM) companies:
- Amway India:
Founded Year: 1959
CEO: Milin Pant
Products Range: Have more than 140 Products That covers a complete range of nutrition, beauty, personal care, and home care products Have more than 140 Products
Description: Amway is one of the most popular network marketing companies in India. We have seen a lot of TV advertisements for Amway from our childhood. Also, Amway is one the oldest network marketing company in India. However, Amway is not an Indian network marketing company but its US (America) based organization which also sells its products in the Indian market. In the current year 2022, Amway operates in more than 200 countries.
2. Vestige Marketing Pvt Ltd:
Founded year: 2004
Managing Director: Gautam Bali
Products Range: Vestige has a products range above 400+. Which includes health supplements, cosmetics, automobiles, groceries, and much more.
Description: Vestige is the fastest-growing network marketing company in India. It is a company that is of Indian origin and becomes the favorite network marketing company of most Indians.
The best part of this network marketing company is that it has a product that is cost reasonable and as per the Indian market.
3. Forever Living Products:
Founded Date: 1978
CEO: Rex. G Maughan
Another foreign network marketing company in Scottsdale, Arizona-based. Forever limited follows a pyramid structure and sells various bee-based or derived nutritional products and supplements, Aloe Vera-based drinks and products, and other health-related products.
FLP has almost 150 different products in its portfolio which covers a huge range of products.
4. MI Lifestyle Global Marketing Pvt Ltd:
MI Lifestyle is also one network marketing company that has its origin in Chenna, India. MI lifestyle was founded in the year 2013 by Pravin Chandan.
Mi Lifestyle Marketing Global Private Limited is an MLM or network marketing company that sells various daily lifestyle and healthcare-related products approved by the Ministry of AYUSH directly to its consumers.
Mi Lifestyle has a catalog of up to 200 products which covers a long range of product categories like healthcare and daily lifestyle product.
Founded Year: 2015
CEO: Bansi Lal and RadheyShyam
Future Maker Life Cares Private Limited, known as Future maker, is MLM or network marketing-based company. This young Network marketing company sells various products related to the health care category, personal care category, home care category, etc., directly to its consumers.
6. Herbal Life:
Founder: Mark Huges
Founded year: 1980
According to Herbal life’s official website, mark Huge’s vision was aligned with improving people’s lives through better nutrition and an unparalleled business opportunity. He turned this dream into reality in 1980 as he launched Herbalife Nutrition in Los Angeles, CA, and began rewriting the history of network marketing. 41 years later, it now operates in more than 90 countries with over 8,000 employees around the world.
The Herbalife company provides all its products at very reasonable prices (for all the products belonging to the FMCG category) even with the traditional MLM or direct selling approach. Many people in India support the products and the Herbalife company to help bring food and good nutrition to children. That’s the main reason that herbal life has become the most popular network marketing company in India.
7. Avon Products:
Founded Year: 1886
Founded By: David H. McConnell
Avon Products is a US-based Network Marketing/Direct Selling company which is also called Avon. Avon has manufactured cosmetic and beauty-related products. Avon Products has three categories for their products: Beauty, Home, and Fashion, and they sell almost of category in the Indian market.
Avon almost has 200 products in its portfolio which contains beauty, home, and fashion in the Indian market.
Founded year: 1967
Founded By: Trilok Chandra Chabra
RCM is one of the largest network marketing companies present in India. RCN company has a network of almost 10 Million distributors in India.
This network marketing company is one of the most popular companies in India. RCM has more than 150 products in its portfolio, covering almost every segment related to healthcare, daily lifestyle, men’s fashion, home & kitchen, agriculture & nutrition value-based products and providing all these products at very competitive rates with a unique offering related to free products.
Founded year: 1967
CEO: Magnus Brannstorm
Oriflame is a leading beauty company that sells its product through Network marketing Strategy. Oriflame is present in more than 60 countries, of which we are the market leader in more than half. Oriflame has more than 100 products in its portfolio, covering almost every segment related to cosmetics, daily lifestyle, and beauty products.
Founded year: 1996
Modicare is India’s first direct selling / Network Marketing company and a major player in the industry. Medicare started in 1996 and pioneered a direct selling / Network Marketing Company in India. Modicare started with 1 center, 7 products, and approximately 400 Consultants. Today it has PAN India presence with over 40 centers catering to over 2700 cities. It has over 100 products and 100000 active consultants.
Bottom Line: From my personal, research and analysis these are all the top 10 network marketing companies in India. If you are an individual who wants to enter in Network marketing company then before entering must choose a company which like the most.
Frequently Asked Question (FAQs):
Is vestige No 1 company?
Vestige has been ranked 30 in the 2020 Global 100 list of the top direct selling companies in the world by Direct Selling News. It is the only Indian company to have received this recognition.
Who is CEO of Vestige?
Is Vestige a Chinese company?
No Vestige is an Indian company.