There are many people who have a wrong perception of MLM. The truth is that the MLM business model has been adopted by many countries and these strategies offer people to earn handsome income. Before stepping into the network marketing industry, it is important to have knowledge about important MLM statistics.

Explore more MLM statistics here: https://www.epixelmlmsoftware.com/blog/100-mlm-statistics-2019

The multilevel marketing statistics can be categorized into five different stats such as company stats, distributor stats, product stats, consumer stats, and entrepreneur stats. One should be aware of each of these stats if one wants to achieve success in this industry.

As we said earlier, multilevel marketing is a strategy adopted by many countries lets see how well it is expanded.

Know more about multilevel marketing here: https://en.wikipedia.org/wiki/Multi-level_marketing

In recent years, the USA has generated annual revenue of $35.2 billion marking the top position in the multi-level marketing industry. China stands in the 2nd position with a revenue of $23.2 billion. If we take a look through the top 100 direct selling companies, 53% of companies belong to the US. The top MLM company, Amway has generated an annual income of $8.5 billion in 2020. A recent study shows that 1 out of 5 homes in the US uses Amway products.

Know more about Amway here: https://en.wikipedia.org/wiki/Amway

MLM is a network of distributors and the success of the direct selling industry mainly depends on the distributors. About 63% of participants join the network marketing industry and about 25% of people are earning a profit through it.

The main aim of an MLM is to market the products. Many people often confuse MLM to be a pyramid scheme but MLM is not a pyramid scheme.

For more detailed information, visit: https://www.thebalancesmb.com/is-it-multilevel-marketing-or-a-pyramid-scheme-2947159

A recent study shows that 35.6% of sales are contributed by wellness products, 31.5% of annual sales are contributed by personal care products and cosmetics. 11.5% of sales are from household goods and durables etc. You can find a lot more interesting stats that would help you to run a successful direct selling business.