Binary MLM plan has always been one of the desirable network marketing business plans for success-craving MLM companies, the main reason, however, has been the potential of the plan that favors both the network marketing organizations and its individual salesforce—the distributors.
Being software developers in the industry has helped Epixel to analyze and innovate our solutions to best fit the intricacies of MLM businesses. We have curated a quick table with MLM companies on the Top 100 MLM Companies list who stand benefitted with the Binary MLM compensation plan.
However there is one thing to note, each MLM company will have its own twist to the plan to match their business expectations with the basics resting on the Binary MLM plan.
List of Top Binary MLM Companies
| # | Company | Country | Revenue 2021 (in million USD) |
Revenue 2020 (in million USD) |
Growth Rate | Products & Services | Year Founded |
|---|---|---|---|---|---|---|---|
| 1 | Natura Cosmeticos | Brazil | 7200 | 7160 | 1% |
|
1969 |
| 2 | Herbalife | USA | 5800 | 5540 | 5% |
|
1980 |
| 3 | Optavia - Medifast | USA | 1530 | 935 | 64% |
|
2017 |
| 4 | Jeunesse | USA | 1350 | 1350 | 0% |
|
2009 |
| 5 | Sun Hope | China | 1300 | 1300 | 0% |
|
1978 |
| 6 | USANA | USA | 1190 | 1135 | 5% |
|
1992 |
| 7 | Lyconet | Austria | 1100 | 1100 | 0% |
|
2003 |
| 8 | Ambit Energy | USA | 1040 | 1120 | -7% |
|
2006 |
| 9 | Market America | USA | 879 | 879 | 0% |
|
1992 |
| 10 | Crowd1 | UAE | 850 | 750 | 13% |
|
2019 |
| 11 | It Works! Global | USA | 620 | 620 | 0% |
|
2001 |
| 12 | Plexus Worldwide | USA | 505 | 509 | -1% |
|
2006 |
| 13 | Isagenix | USA | 495 | 625 | -21% |
|
2002 |
| 14 | Younique | USA | 368 | 368 | 0% |
|
2012 |
| 15 | Stella & Dot | USA | 315 | 315 | 0% |
|
2003 |
©
Epixel MLM Software
Data updated on May 2022
Source - businessforhome.org
*The above list is subject to market changes and modifications.
In the above list of top MLM companies with binary compensation plan, 8 out of the 15 companies have their business established in the health and wellness sector. Cosmetics and personal care product companies take the second place with 6 companies in the top binary MLM companies list.
The two main impediments in the plan are the product pricing and the demanded massive buy-ins. The success of these binary MLM companies is clear evidence that they have understood it well and their success is rooted in this understanding.
Despite the features and complexities, what drives success to MLM companies is undoubtedly the right implementation of a flawless compensation structure. When an efficient Binary MLM Software is one thing that helps MLM organizations in the efficient management and error-free compensation payouts, a single-drawn compensation structure does not work. It should be put to test and constant modifications from time to time to extract the desired outcome.
Revenue Growth of Binary MLM Companies
The graphical representation here illustrates the revenue of top 5 binary MLM companies from 2016 to 2021.
Commission Payout of Top MLM Binary Companies
Data collected in May 2022
Leave your comment
Fill up and remark your valuable comment.