Top 10 MLM Companies With The Best Compensation Plan
The industry of multi-level marketing (MLM) is showing massive growth lately.
Every 10 seconds, someone starts a business based on this model. And yeah, you can make a great living if you know how to close deals.
But a lot of people don’t fully research how they can earn money.
To make your life easier, in this post I’ll show you the top 10 MLM companies that you should be looking at if you’re interested in this field.
What’s a Multi-Level Marketing (MLM) Company?
If you’ve recently decided to enroll in an MLM, there are a lot of factors that you need to consider.
The best way to find out if an MLM is right for you is to talk to others who’ve already started or are pursuing the same product or service. This gives you the opportunity to discover what other people find most valuable.
MLMs are systems of systematic recruiting and sales that are carried out by trained salespeople. Although they may seem like another type of business, there are many differences between an MLM and a traditional sales training program.
An MLM differs from other businesses in the fact that it is all-encompassing—they use recruiting techniques to bring in new leads and then guide you through the entire sales process.
Can You Make Money with an MLM Company?
How much money can you make in a business operating under the guise of being an MLM?
The short answer is, not much.
Operating your own MLM business poses unique challenges that most businesses don’t face.
The MLM business model relies on people trusting the brand and recruiter with their money. In return, the recruiter promises large bonuses and often expensive training programs.
To make money in an MLM, you have to convince your prospects that the products or services they’re buying are worth more than what the market will bear–and you have to do this without ever actually delivering on promised spendthrifts.
It is possible, though, if you have the right guidance and support network behind you.
MLM recruitment can be complicated by many factors such as distributor network ownership, distributor promotions, level of experience in creating new opportunities, compensation structure, compliance issues, and much more.
This article provides a quick overview of the top 10 highest earning MLM companies, so keep reading!
Top 10 MLM Companies With The Best Compensation Plan
Tupperware is one of the oldest and best known multilevel companies.
People have been selling Tupperware since the 1950s!
The founder of the company was one of the pioneers of direct selling, realizing that it offered women a way to earn money when many weren’t working outside the home.
Today, there are 2.9 million Tupperware sales representatives.
The average consultant made about $710 in 2019.
You can get paid this way:
- 35% commission based on personal sales.
- Royalty bonuses are paid depending on the sales your organization does.
- 4-12% on bonuses depending on your rank.
Nu Skin is a multilevel company that sells anti-aging skincare and nutritional products.
It was founded in 1984 in Utah.
In the early 1990s, the FTC investigated the company for making unsubstantiated claims about its products; the company eventually had to pay a fine of 1.5 million dollars.
Active Nu Skin distributors earn an average of $150.53 per month, according to the company’s Distributor Compensation Summary.
You can get retail commissions (from 5 to 25%), a 5 to 40% of your CSV (commissionable sales volume) depending on the rank you hold in the company, and a leading bonus that grows depending on how active you are growing your downline (2.5-10%)
Established in 1963, Mary Kay is a multilevel beauty company known for its distributor incentives.
In 2018, the company was named the sixth largest MLM company in the world by Direct Selling News.
Mary Kay is one of the most popular MLM companies for a reason:
They take care of you.
Their rewards are what set them apart, their most popular being the iconic pink Cadillac.
They also offer luxury travel and rewards like jewelry and tech gadgets.
The earning potential is clear:
Every retail distribution you make allows you to take home 50%, which is one of the highest percentages in the MLM industry.
What they sell:
Lifestyle products, including their renowned line of essential oils.
They offer three ways to win:
- Retail Profit (paid monthly): 25% of the profit made from retail customers.
- Fast Start Bonus (paid weekly): You earn on new affiliates’ personal volume (PV) for the first 60 days.
- Power of 3 Bonuses (Paid Monthly): You build three levels of matrices and win at each level.
So, Thrive is focused on lifestyle products geared towards weight loss.
Their payment plan is suitable for both beginners and seasoned professionals.
As a brand promoter, you earn 20% on your customers’ orders. When customers enroll in the Autoship Program, you get free products every month.
You also earn in the single-tier method: Up to 8% at each tier in your placement tree.
The best part of the Tier payment plan:
You earn cash bonuses for luxury vehicles and you even enjoy Lifestyle Getaway trips.
LifeVantage is all about selling biohacking products related to fitness, beauty, and nutrition.
You can join in two different ways:
- Preferred customers – buy products at wholesale prices.
- Distributor: You earn commissions from your downlines and your deliveries.
They provide a complex plan for beginners.
But you can prosper if you know how to market and commit for the long term.
Here are the ways you can generate income:
- Retail distributions – paid per order.
- Smart Start Bonus – paid weekly.
- Launch Bonus – paid weekly.
- Royalty Commission – paid monthly.
- Generational Leveling Bonus – paid monthly.
- Elite bonus – paid monthly.
- Achievement Bonus Rank – One Time Bonus.
- Business Center: An additional stage to earn commissions.
WOR (L) D GN
You’re gonna sell lifestyle and training technology.
Their payment plan is simple, making it perfect for you if you are just starting out with MLM companies.
You simply add to your downline as you level up.
You start as a member of the team, where you distribute products.
Next, move into a set constructor, supporting your two groups (or lines).
As you build your groups, you can add even more downlines within the left and right set as a team builder.
Total Life Changes
They sell lifestyle products, including beauty and hygiene, skincare, and essential oils
Join as a representative, then start earning on the products you distribute.
Their payment plan is a hybrid binary. Here are several ways to win:
- Retail benefits and commissions: You earn more as your customer base buys products.
- Quick Start Bonus: 50% commission on first order from recommended Independent Business Owner (IBO).
- Binary payment: Commission to which you refer and the purchases made to the referred persons, also through your two teams.
- Matching Bonus: Up to 50% of what referred IBOs earn from their Binary commission.
- Lifestyle Bonus: Refunds of up to $ 1,500 to offset your business expenses, paid monthly.
5Linx is an MLM company focused on home essentials, business solutions, and wellness products.
Their compensation plan is a bit complex for beginners.
But it offers many extraordinary opportunities.
You can move up the ranks of earned positions, taking home additional bonuses and residual commissions on personal orders referred deliveries and team distributions.
If you work with them, you’re going to distribute lifestyle brands, including Nutrifii, Puritii, and Nucerity.
They provide the industry’s first multi-line compensation plan, called Activ8. You’re not limited to the width or depth of typical matrix plans.
They provide a 50% payout, which is the highest commission structure available.
Another incredible benefit: They use a cost of living increase algorithm to fully support you as you grow over time.
Conclusion (+ Some Tips For Finding the Best MLM Company For You)
One of the biggest mistakes that people make when they decide to start an MLM is to sign up with a company they’ve never heard of or don’t know anything about.
These days there are several real and reputable companies offering MLM services and it’s always wise to do your due diligence before jumping into one of these companies.
The type of company, product, contacts you have, and overall experience will all play a part in determining whether or not an opportunity is right for you.
All of the MLMs I’ve mentioned above are companies I highly recommend you if you want to make a good income, but it’s never a bad idea to do some digging online.
-Start with their website and read everything there is to know.
MLMs have very attractive marketing structures. All you have to do to get involved is buy a product or service, learn about it, and turn your knowledge into cash. But this means that if the company is scammed or misleading you, you could be left holding the bag on your own money. To make sure that doesn’t happen, it’s important to research thoroughly and critically examine every claim the company makes.
-Ask questions in a forum if there are any questions; look for reviews and ask the company if they have any customer reviews.
-Take a look at their compensation structure, too–does it seem like a fair deal? Make sure you know where they send your prospects and how often they’ll send them offers.
Keep in mind that some companies will have to recruit events where they send out freebies or product samples.
And if none of that works, you can always try lead generation -which, by the way, it’s the best online business model this 2021.