Top 10 MLM Makeup Companies
The industry of cosmetics is very popular in network marketing and there are numerous successful companies who choose to build a huge business out of network marketing makeup products. Here is a list of the Top 10 MLM makeup companies that perform well in their marketing network.-
Forever Living
Forever Living makeup products have a popular range of makeup or cosmetic products that are marketed even to the remotest of places through an MLM scheme.CEO: Rex Maughan, Headquarters: Scottsdale, Arizona, US, Founding Year: 1978 Annual Revenue: $4 billion Net Worth: $1.5 billionMajor products:
- Makeup and Cosmetic products,
- Diet-based drinks
- Essential oils
- Nutrition products
- Weight management products
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Young Living
Young Living is a makeup MLM company that is also famous for its essential oils. Its product’s popularity helped the company to quickly spread its wings far and wide and establish an international networkCEO: Donald Gary Young Headquarters: Lehi, Utah, United States Founding Year: 1993 Annual Revenue: $213.7 million Net Worth: $14.8 billionMajor products:
- Makeup and Cosmetic products,
- Supplements
- Essential oils
- Homecare products
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NuSkin
Nuskin is a very old skincare business that has evolved into an international multi-level marketing company. It has a good share of makeup products that has a huge customer base now.
CEO:Ritch N. Wood Headquarters: Provo, Utah, US Founding Year: 1984 Annual Revenue: $2.18 billion Net Worth: $0.98 billionMajor products:
- Makeup products
- Personal care products
- Dietary Supplements
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Oriflame
Oriflame is a Swedish multi-level marketing company that is popular in makeup and skincare products. It is present in 62 countries and has a huge production location for its products from where they conceptualize and manufacture their products.
CEO:Magnus Brännström Headquarters: Schaffhausen, Switzerland Founding Year: 1967 Annual Revenue: €1.5 billion Net Worth: €1.5 billionMajor products:
- Makeup products
- Skincare products
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Belcorp
Belcorp is a makeup MLM that has over 50 years of experience in marketing makeup and other personal care products. They have more than 800 thousand consultants in 14 countries.
CEO:Eduardo Belmont Headquarters: San Isidro, Lima, Peru. Founding Year: 2012 Annual Revenue:$3.03 billion Net Worth: $1.1 billionMajor products:
- Makeup products
- Skincare products
- Perfumes and fragrance products
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Younique
Younique is a US-based MLM makeup company that has over more than 230,000 distributors spread around the world. They are an MLM that is very much updated with technology and it has even incorporated augmented reality tools that can help buyers to try products before purchase.CEO:Derek Maxfield, Melanie Huscroft Headquarters: Lehi, Utah, US Founding Year: 2012 Annual Revenue: $128.80 million Net Worth: $1 billionMajor products:
- Makeup products
- Skincare products
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MaryKay
MaryKay is one of the largest multi-level marketing companies in the world and is privately owned. Its distributors are expert beauty consultants who have over 2.5 million consultants, 600 national directors, and 39000 directors.CEO:Derek Mary Kay Ash Headquarters:Addison, Texas, U.S. Founding Year:1963 Annual Revenue: $2.7billion Net Worth: $500 millionMajor products:
- Makeup products
- Skincare products
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Arbonne
Arbonne International is a multi-level marketing company that markets products that claim to improve the beauty, health, and well-being of its consumers. This company has received an A+ rating from the Better Business Bureau.CEO:Petter Mørck Headquarters:Irvine, California, United States Founding Year:1980 Annual Revenue: $15.0 billion Net Worth: $600 millionMajor products:
- Makeup products
- Skincare products
- Nutrition products
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Avon
Avon provides assistance for millions of independent representatives to build their small businesses through their multi-level marketing. With 126 years of experience, Avon now has 6.4 million representatives worldwide.CEO:David H. McConnell Headquarters:London, United Kingdom Founding Year:1886 Annual Revenue: $2.77 billion Net Worth: $0.568 billionMajor products:
- Makeup products
- Skincare products
- Fragrance
- Bodycare
- Haircare
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Rodan + Fields
Rodan + Fields is a premium makeup MLM that has motivated many women to start small businesses following their passion for grooming. The company has over 130,000 independent distributors. Moreover, the direct selling news has ranked Rodens + Field as one of the best makeup MLMsCEO: Katie Rodan & Kathy Fields Headquarters: San Francisco, California, U.S. Founding Year: Annual Revenue:$700 million Net Worth:$4 billionMajor products:
- Makeup products
- Skincare products
- Bodycare
Facts And Statistics On Makeup MLM Companies
The makeup industry has been reshaped by the rapid growth of MLM companies, which have garnered attention for both their financial successes and controversies. And the reason? It’s due to their unique direct-selling approach. Let’s examine some important facts and figures to better understand this transformation.Revenue Growth in MLM Makeup Industry:
- The average annual revenue growth of leading direct sales makeup companies is 20%.
- The total revenue generated by the MLM makeup industry in 2022 amounted to $5.7 billion.
- It is projected that the revenue for the MLM makeup industry will reach $8.9 billion by 2025.
Distributor Demographics
- Approximately 88% of MLM makeup distributors are female.
- The average age of MLM makeup distributors is 35 years.
- North America, Asia, and Europe are the top three regions with the highest concentration of MLM makeup distributors.
Product Line Diversity
- A typical makeup MLM company offers around 5 to 7 product categories.
- The top-selling product categories within makeup MLM companies are lipsticks, foundations, and eyeshadows.
- About 42% of direct sales makeup companies offer organic or natural products.
Earnings and Incentives
- The average annual income of makeup MLM distributors ranges from $2,500 to $5,000.
- Only 12% of MLM makeup distributors manage to earn a full-time income.
- Incentives offered include cash bonuses, free products, and luxury trips.
Controversies and Criticisms
- A significant 60% distributors of makeup MLM companies reported feeling pressured to buy more products.
- Over the last five years, there have been 17 reported cases of legal action against makeup MLM companies for deceptive business practices.
- 45% of makeup MLM company distributors reported making no profit.