Are you looking for list of networking business in nigeria to join? If yes, you are in the right place. Multilevel Marketing (MLM) or network marketing in Nigeria is a very lucrative business to do.
Here in this post, we are going to bring to you 10 highest paying multilevel marketing companies in Nigeria. We hope you enjoy reading this.
Multilevel marketing is one of oldest network marketing strategies employed by businesses all over the world. Although in Nigeria, it is somewhat misunderstood and sometimes mistaken for ponzi schemes.
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But multilevel marketing is no ponzi scheme. It is simply a strategy businesses use to sell products and services and garner profits from sales returns and commissions.
Basically, a company thrives on providing products and services to customers in need of them, and to achieve this goal, some companies use multilevel marketing strategies.
In multilevel marketing, companies sell products and services through customers who have been recruited as team members, with the company receiving profit from sales returns and commission from products and services.
The customers who work as team members are paid based on the volume of sales they make, and also from other team members they recruit.
It is sort of like a pyramid, with the company at the top and the team members just below. You can see now that multilevel marketing is indeed a very legit business strategy. And there are good network marketing companies in Nigeria to invest in.
Now, while some companies are guilty of paying their customers/team members very little, there are some that pay very well, and the purpose of this article is to give you information on some of them.
There are so many newly launched MLM in Nigeria. Below are the list of some of the highest paying multilevel marketing companies in Nigeria:
1. Alliance In Motion Global (AIM Global)
Founded in the Philippines in 2005, and with a product range that includes functional beverages, supplements, cosmetic products, and essential natural products, Aim global is one of the biggest and most popular multilevel marketing companies in the world.
They focus on countries with lots of potential but with no saturation or restrictive business regulation. As such, they’ve only extended their reach to a few countries, including Nigeria.
Their compensation plan, which allows for different ways of earning commission, is based on a stair-step system, and so it will reward those who work at it consistently.
A USA based multilevel marketing firm, Trevor was founded in 2011 by Mark and Holli Stevens. They have an expanding market base globally, with offices in Nigeria and all over Africa.
Their product is an energy drink that is said to contain over 170 active ingredients. They’re also said to be one of the most expensive MLMs to start working with, with almost double the cost of the average opportunity. The benefit of this higher cost however means a higher commission and compensation pay.
Their compensation plan is based on a rather complex straight line matrix and involves no less than eight ways to get paid.
3. Forever living products (FLP)
Founded in 1978 by Carl Jensen and Rex Maughan, and with its base in Arizona, USA, forever living products is one of the oldest and more established MLMs in Nigeria.
Their product range are natural weight loss, nutrition and skin care aloe products, and they distribute them using over 9 million distributor’s worldwide.
The success of the company can be attributed to their product range, which are everyday products that customers can relate to. The company has its office in Nigeria at Aromire Avenue in Ikeja, Lagos.
4. Golden Neolife Diamite (GNLD)
Founded in 1958, with it’s base in California, USA and an annual revenue of about $200 million, GNLD is an established company, with a proven track record worldwide.
They have a wide product range which includes nutritional products/supplements, personal care, and home care products. One of the benefits of working with GLND is that you can pass on your distributorship to someone else – so you can build a business and the pass it on to your child or younger family member.
Oriflame is relatively new in the MLM business, although the company itself was founded in the 1960s in Sweden. They sell cosmetic products and have a strong sales force globably.
Although it is relatively cheap to start working with Oriflame, working your way up the ranks is a bit harder than in most other MLM companies in Nigeria because you would have to sponsor some of your team members up to your own level before advancing to the next level. However, it is still a very good opportunity.
A Malaysian based company established in 1984, Edmark is one of the more older and cheaper MLM companies to start working with in Nigeria.
Their product line is based on wellness and nutritional products, and their compensation package allows for no less than nine ways to get paid.
Edmark is said to be a business minded company with sound leadership, and their success in the business world showcases this.
A Chinese company founded over 20 years ago, Tiens is a network marketing company operating in over 190 countries worldwide, including Nigeria. Their product range is mostly health and wellness products, as well as some home care and pet care products. They offer a multitude of commissions and bonuses, and their most prolific marketers can qualify to earn weekly commissions.
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A subsidiary of Kedi Healthcare Industries Ltd from Hong Kong, Kedi is an MLM company in Nigeria that started out in 2006.
Their product range are natural herbal products that address a number of ailments. Getting started with kedi is said to be relatively cheap, with no purchase requirements after registration, and no monthly targets. Their membership form is also said to be around N4000.
Longrich is one of the most popular food mlm in Nigeria. Longrich network company Ltd has been around for about three decades, with a wide product line that includes coffee and tea, personal care products, and baby care products.
Their everyday product line means that it is easy to compound sales figures. The company is also said to be product driven, rather than recruitment driven and so it is less likely to be criticized as a pyramid scheme.
There is also no monthly target, and your point value accumulates without expiring. As such, you don’t lose out on commissions if you are just starting out.
10. Green world
Another Chinese company that specialises on Chinese traditional herbal medicine, Green world is one of the cheaper MLM companies to join in Nigeria.
This makes it a more preferred choice for those who lack the funds to join one of the more established companies. Also, your recruited prospects would be more eager to join as they would be investing little money, and so might not lose much.
That is it on the list of best mlm companies in nigeria. For those who are interested in the multilevel marketing industry, you can now see that multilevel marketing is a legit business strategy and that there are reputable high paying companies that you can work for and within Nigeria to earn some good money. Give one of them a try and thank us later!
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