Breaking Down the Top 100 Direct Selling Companies in the World for 2020
Direct selling, also known as network marketing, is a billion-dollar industry with many key players dominating the global market. In this article, we will break down the top 100 direct selling companies in the world for 2020.
H1: Top 100 Direct Selling Companies in the World for 2020
H2: What is Direct Selling?
Direct selling is a marketing strategy where products and services are sold directly to consumers without the need for a traditional retail store. Direct selling companies often use independent sellers or distributors, who are incentivized by commissions or bonuses, to market and sell their products to their network of friends, family, and acquaintances.
H2: Criteria for Ranking
The top 100 direct selling companies in the world for 2020 were ranked based on their revenue for the year. The ranking was done by Direct Selling News, a leading monthly publication for the direct selling industry.
H2: Top 10 Direct Selling Companies in the World for 2020
1. Amway
2. Avon Products Inc.
3. Herbalife Nutrition Ltd.
4. Vorwerk & Co.KG
5. Natura & Co Holding SA
6. Nu Skin Enterprises, Inc.
7. Tupperware Brands Corporation
8. Oriflame Holding AG
9. Infinitus (China) Company Ltd.
10. Perfect China Co. Ltd.
H2: Amway
Amway is the largest direct selling company in the world with a revenue of over $8.4 billion for 2020. The company offers a wide range of products, including health and wellness, beauty, and home care. Amway is known for its strong network of distributors who are present in over 100 countries.
H2: Avon Products Inc.
Avon Products Inc. is one of the oldest direct selling companies in the world, founded in 1886. The company offers a range of beauty, personal care, and home care products, and has a strong presence in over 100 countries. In 2020, Avon had a revenue of over $5.5 billion.
H2: Herbalife Nutrition Ltd.
Herbalife Nutrition Ltd. is a global nutrition company known for its weight management, sports nutrition, and personal care products. The company operates in over 90 countries, with a revenue of over $4.9 billion for 2020.
H2: Vorwerk & Co.KG
Vorwerk & Co.KG is a German direct selling company with a focus on household appliances and cosmetics. The company had a revenue of over $4.3 billion for 2020 and operates in over 70 countries.
H2: Natura & Co Holding SA
Natura & Co Holding SA is a Brazilian direct selling company with a focus on sustainable beauty products. The company acquired Avon Products Inc. in 2020 and operates in over 100 countries. Natura & Co Holding SA had a revenue of over $3.9 billion for 2020.
H2: Nu Skin Enterprises, Inc.
Nu Skin Enterprises, Inc. is an American direct selling company with a focus on personal care and wellness products. The company operates in over 50 countries with a revenue of over $2.5 billion for 2020.
H2: Tupperware Brands Corporation
Tupperware Brands Corporation is a direct selling company that focuses on storage and serving products for the kitchen and home. The company had a revenue of over $1.8 billion for 2020 and operates in over 80 countries.
H2: Oriflame Holding AG
Oriflame Holding AG is a Swedish direct selling company with a focus on cosmetics and personal care products. The company had a revenue of over $1.5 billion for 2020 and operates in over 60 countries.
H2: Infinitus (China) Company Ltd.
Infinitus (China) Company Ltd. is a direct selling company that offers a range of health and wellness products. The company had a revenue of over $1.5 billion for 2020 and operates mainly in China.
H2: Perfect China Co. Ltd.
Perfect China Co. Ltd. is a direct selling company with a focus on personal care and home care products. The company operates mainly in China with a revenue of over $1.4 billion for 2020.
H2: FAQs
1. What is the difference between direct selling and retail sales?
Direct selling is a marketing strategy that involves selling products directly to consumers without the need for a traditional retail store. Retail sales, on the other hand, involve selling products through a physical or online store.
2. How do direct selling companies make money?
Direct selling companies make money by selling products directly to consumers through their network of independent sellers or distributors. These sellers or distributors earn commissions or bonuses for their sales.
3. How do I become a distributor for a direct selling company?
To become a distributor for a direct selling company, you will need to sign up on their website or through a sponsor. You will then be given access to their products and marketing materials to help you sell to your network.
4. Are direct selling companies a pyramid scheme?
No, direct selling companies are not pyramid schemes. Pyramid schemes involve recruiting members to earn money, while direct selling companies focus on selling products directly to consumers.
5. Is direct selling a good way to make money?
Direct selling can be a good way to make money if you have a strong network of friends and family who are interested in the products being sold. However, success in direct selling depends on your ability to market and sell the products effectively.