Multi-level marketing commonly known as MLM refers to a business model where sales personnel are involved in network marketing, direct selling or referral marketing.
In MLM, the products or services of the company are marketed by the sales promoters to other people in relation known as referrals by means of ”Word of Mouth” marketing. Majority of multilevel marketing companies require sales promoters to produce a down-line of promoters that looks like pyramid.
Here the sales promoters are rewarded not only for the sales generated by them but also for the sales generated by promoters in their hierarchy. Thus, payment structure of MLM benefits each individual in the hierarchy receiving commission in the appropriate proportion where folks seating on the top of the pyramid get intense earning opportunities.
Beware of MLM Scams
Lot of MLM companies in India are in hot business these days. There are MLM companies which are profit making while others tend to be real scams. Most often MLM companies in India have tendency to advertise them as fast moneymaking idea without doing any work. Here comes the question about how to identify the MLM company to be real or scam.
Most often Multilevel marketing turn to be scam where they announce guaranteed substantial potential to earn revenue in its pre-launch phase but when you reach at a stage to make maximum profits the company reach to marketplace saturation.
MLM companies often tends describe unproven profit promises. MLM companies, which do not offer any product/service but linked to Pay Pan then, might be money circulation program that is not legitimate authorized in countries like India.
To overcome this issue, several MLM programs just display number of products/services that are not actually worth to its promoters. Such money circulation programs do not acquire their placement amidst top 10 MLM companies in India.
Do take business seriously before you are choosing company from top 10 MLM companies in India. Do not invest your hard-earned capital into plans that may tend to be fraud. The golden rule to get involved in multilevel marketing is not to make investments that you cannot manage to lose. According to survey, 97% of MLM promoters end up failing into enrolling abilities.
Choosing right multi-level company from top 10 MLM companies in India is just like testing a jewel. You need to consider reliability and steadiness of the organization, products/services that they offer to promote, compensation plan and competent staff assistance.
MLM business has become popular in India and accepted by lot of people as a part time business. It has become an option for extra source of income. It is earning system where promoters can make their schedule and make money in accordance with time they devote. Over a period, several people have ended up leaving their 9*5 jobs to devote more in business level marketing.
Let us find out the reasons that make people to leave their permanent job:
Opportunity to earn unlimited income
Any employed or self-employed person essentially earn limited income, may vary little depending on time for which he is engaged in the activity however a day has only 24 hours. MLM is just like big business people who make money tremendously through better use time, money and labor to others.
Ability to develop residual income
MLM is the medium to earn residual income where you can earn money continuously in future to the efforts and time that you are putting today, even if you are not actively working.
Freedom to anywhere anytime
You are your own boss deciding about how and where to work. The results will solely depend on precisely the time that you devote in your business to achieve the set targets
Low start up cost
To start a business or company you will require spending to get license, taxes and various bureaucratic documents. Besides you need to spend after office setup, employees, buy stock that you are selling etc. In MLM, companies provide you all necessary setup which merely lower down setup cost, recovered in just few months.
System of work ready
MLM companies provide ready infrastructure, tools and system to start work readily. Promoters can start anytime after developing an action plan with your sponsor.
Working with MLM company do not require any specific qualification, age, work experience, etc. Any individual can achieve highest position in the company based on his performance.
These are just few advantages working with MLM companies. Here, the word of caution is that before you join any company, know their products, marketing plan, undergo review by talking with people who have been working with the company and people who actually use the product of the company.
MLM is creating a great buzz in the market with lot of money generating medium for both merchants and affiliates. MLM is business accepted by entrepreneurs who have inadequate knowledge and experience of executing a business but are good to deal with people.
Again, the business requires low start-up cost, free training from the company, leveraging advertising benefits, adequate supply right from product-line up or service to sell. It helps making money by working with each other to encourage and convince people to buy a product.
Thus, we can say that Multi-level marketing in India is one of the fastest growing businesses among dedicated, passionate and hardworking people in current scenario
Future of MLM
Over a period, multi-level marketing has been evolving and maturing with number of companies, wide range of products, better compensation plans that exists today. MLM with the concept of free enterprise is gradually becoming powerful system attracting more and more people into it.
Now, what is required for network marketers is to know the true power of infinite moneymaking opportunities that MLM has to offer.
Top 10 MLM companies in India
Most multi-level network marketing companies in India offers HealthCare and Domestic goods product category. However, electronic gadgets are fast increasing on the sales as well. Some of the popular companies in multi-level marketing in India were Modicare, Tupperware, Quantum, OriFlamme, Amway, Herbalife, forever living, free India concept etc
Here are top 10 MLM companies in India:
AAROH Distribution Private Limited
AAROH Distribution Private Limited started with ambitious and experienced people with an aim to work on distributor development concept. They deal with unique product of distributing of Scalar Energy pendent in MLM industry.
Balaji Multi Services
Balaji Multi Services is one of the leaders in multi level network marketing with high infrastructure and latest innovations offering essential quality products/services to their customers. They offer various plan like Gold, Platinum and Silver plan primarily dealing with insurance products
Dewsoft Overseas operates in Delhi with several other MLM businesses
Cander Bio Marketing Private Limited
Cander Bio Marketing Private Limited operates in Calicut offer superior products with diversified services and best compensation to their affiliates.
Earthwide Sales and Marketing Private Limited
Earthwide Sales and Marketing Private Limited is operating from Lucknow dealing with various operations like accidental insurance, business support material, ticket booking, holiday packages etc.
FMIA Marketing Services
FMIA Marketing Services is operating from Bangalore with offices located in over 10 different cities of India deals with insurance business.
HLM Retail India Limited
HLM Retail India Limited came into existence in year 2010 works on novel concept giving opportunity to start your own business with zero risk factor. They deal with Quantum Science bracelet and pendent in MLM industry.
Gurussr Distributors Private Limited
HLM Retail India Limited primarily deals with product called Noni in MLM industry. Very soon, they are going to introduce various products like ready-made garments, gaming zone, computer library, health club/gym.
IES Marketing Private Limited again offers low starting cost business opportunity to common person. It works with objective to equip people to make money from share trading.
Jeevan & Business Associates Limited
Jeevan & Business Associates Limited operates from Uttar Pradesh deals with security benefit products, power card, cloth kit and business starter kit in MLM business
This is all about Multi-level marketing in India. Anyone who is interested to setup low cost home business and enjoy handsome quantum of contacts then MLM business is the best option. Check the complete details of the company before you join any of the top MLM companies in India.