TOP 10 MLM COMPANIES IN KOREA
Multi-Level Marketing has made business methods more successful, profitable and applicable to the present world. The number of Multi-Level Marketing firms operating in Korea has risen, and regulated such operations better to prevent consumer damage. Multi-Level Marketing companies have been around for a long time and have demonstrated that they are productive and valuable. MLM allows direct deals to flare up into the cold market (prospective customers). This enables organizations to develop more business-oriented occasions and turn them to be more successful.
Today, people don’t go house to house to sell something like before. Because of the Multi-Level Marketing business, Korea has become an MLM hub for many trades and industries, and it is where MLM companies are bound for extraordinary achievement.
WHAT IS MULTI-LEVEL MARKETING IN KOREA?
Multi-Level Marketing (MLM) is known by the name of Direct Selling Business and is referred to as Network Marketing. It is a strategy some direct sales companies use to market their product and to encourage existing members to recruit new distributors. MLM is a legit business strategy, though it is controversial. In an MLM company, the workforce is primarily non-salaried representatives who focus on marketing services and selling products and earn a percentage of profit from it.
Many fraudulent companies misuse Multi-Level Marketing. The illegal version of MLM is known as Pyramid Scheme. The significant difference between an illegal pyramid scheme and a legit MLM is that; a legit MLM business will sell actual products and earn income. On the other hand, an illegal pyramid scheme keeps recruiting new members and takes their joining fee as income. These illegal pyramid schemes are just taking advantage of people by pretending to be engaged in legitimate Network Marketing Business.
Related: MLM Script for Multi Level Marketing
MLM HISTORY OF KOREA
Multi-level Marketing is a highly-favoured business in Korea, and they are known as the 3rd largest MLM market in the world. So many Korean citizens are keen to initiate MLM business. The significant reason why MLM is so prevailing in Korea is that their consumer base is very high, and they are very good at relationship management. In Korea, MLM business is also seen as a retirement plan. As the retirement age is lowered, there are significantly fewer jobs for early retired people. They don’t have enough money to start a large scale business because of the high investment rate and inventory costs.
The high population is also a reason for the flourishment of MLM in Korea that they can socialize very quickly. Koreans have a strong desire to learn, and most of them are academically successful. So, Koreans have started discovering their own MLM companies that can be profitable. As a highly developed country, Korea is one of the best places for an MLM company.
TOP 10 MLM COMPANIES IN KOREA
Network Marketing Business has made the marketing process more successful and applicable today. The number of MLM firms in Korea has escalated as the government started intelligently regulating such operations to prevent consumer fraud. Here are the best 10 Network Marketing companies in Korea.
ACN MLM COMPANY, KOREA
ACN, Inc. is an American-based Direct Selling company headquartered in North Carolina. ACN provides telecommunications, energy, and other services, through a network of independent sellers. ACN has spread globally like a wildfire, especially in Korea. ACN initiated their business adventure in 1993 and steadily established its place in the Korean domestic direct sales market and continued to grow by 2010. ACN continues its overseas expansion by providing high-quality, healthy, and sustainable goods, plus essential life services to enhance a healthy lifestyle with many business opportunities for their clients.
ARIIX MLM COMPANY, KOREA
ARIIX is an international company that offers the opportunity to people from all over the world as partners. The company manufactures effective, toxin-free products marketed by their business representatives. ARIIX was founded in 2011 and has been one of the fastest-growing companies in the industry. Although ARIIX is one of the newest companies in MLM markets, they still have extensive direct selling opportunities worldwide. The ARIIX consists of seven sub-brands: Jouvé, Nutrifii, Priime, Puritii, Reviive, Slenderiiz, and NuCerity. This allows them to bring various products to the public and remain competitive.
SEACRET DIRECT MLM COMPANY, KOREA
Seacret Direct is a U.S-based Multi-Level Marketing company that sells Cosmetic and other Personal care products made from the Dead Sea’s minerals, mud, and nutrients. Seacret is very famous in Asian countries, especially Korea. Because, Asian citizens are very conscious about their skin. Izhak and Moty Banschabat founded the company in 2005. The Banschabat brothers took the business to another level. Growing up near Israel and knowing more about the Dead Sea’s mysterious vitality, they decided to develop effective cosmetics and introduce them to the world. They created Dead Sea Cosmetics Secret, which combines advanced technology with unique ingredients from the Dead Sea.
UNICITY MLM COMPANY, KOREA
Unicity is a Health & Wellness MLM company based in Utah, United States. Unicity was founded in 2001. Their products extend their bold mission to make a healthy living style. They use research and innovation to empower people’s lives with high-quality products and services that enable a better quality of life. This direct sales company is acknowledged for its production abilities in over 50 domestic and worldwide countries. Unicity also launched various products in the Korean market, including Unicity’s Bios Life brand. Since then, they have been actively working as a company that leads the industry by steadily growing.
PURPLE U MLM COMPANY, KOREA
Purple U is a Korean-Beautycare & Nutrition company with more than 100 years of tradition. The organization is committed to sustainability and enhancing the health and beauty of its consumers. Purple U has created a product line of sanitary products by using Mother Nature’s effective ingredients through advanced research and technology. At purple, everything from their ingredients to their packaging is eco-friendly and cruelty-free. They believe in the importance of mother nature and want to support people of all ages through their products and business opportunity.
NEORA MLM COMPANY, KOREA
Neora is a global relationship marketing company headquartered in 2011, in Texas, the United States. The company offers breakthrough Anti-ageing Skincare & Wellness products. Neora products are validated by years of research, and their product line incorporates exclusive ingredients designed to deliver the best results. The demand for their high-quality products, combined with their support, enables Neora to offer incomparable success in business and bring forth more opportunities to the public. The Neora International team and their employees understand that the power of their actions has helped many people live happy and healthy life.
APHROZONE MLM COMPANY, KOREA
Aphrozone is an MLM company headquartered in Kuala Lumpur, Malaysia. The company has been committed to creating new value for products and services since its establishment in 2012. They are strengthening the capabilities of MLM business by actively expanding to overseas markets as they did in Korea. The company is famous for developing new marketing methods that meet global demands. Aphrozone delivers high-quality products and services that continue to grow through innovative ideas and investing in new technologies.
AMWAY MLM COMPANY, KOREA
Amway is an American MLM company that sells Health, Beauty, and Homecare products. The company was founded in 1959 by Jay Van Andel and Richard DeVos, and it’s based in Michigan, United States. Amway Korea was founded in 1988 and has more than 450 unique products on its product line, from organic laundry detergents to nutritional supplements. Amway Korea has grown in Korean consumers’ trust and provides opportunities for success to ABOs through sound business.
NU SKIN MLM COMPANY, KOREA
Nu Skin started as a small scale business in 1984 and was headquartered in Utah, United States. Nu Skin has always wanted to create skin-friendly cosmetics, and the company has grown into a global Beauty & Healthcare company, famous in 50 countries today. Nu Skin has three founders who have made hope a reality. They establish a fair and sound business environment to protect customers and the company and, at the same time, prevent and eliminate risk factors through the compliance management function to support successful business execution.
HERBALIFE MLM COMPANY, KOREA
Herbalife Nutrition is a global Multi-Level Marketing corporation that develops and sells dietary supplements to the public. Mark Hughes (1956–2000) founded Herbalife Nutrition in 1980 to change the world’s nutritional habits, one person at a time. He shared his vision for success passionately and powerfully, resulting in what is now a billion-dollar company with dedicated Independent Herbalife Members in more than 90 countries around the world. So wherever you go, Herbalife is everywhere, and you’ll find many in Korea.
CONCLUSION
Korean MLM is where the companies are bound for extraordinary achievement. Korean MLM permits direct deals that break out into the cold market, enabling MLM organizations to develop more occasions and become more successful. Korean MLM companies can easily flourish in a society where they require the best in health, skincare, and other services to endure.
