Singapore has served as a model of development for the direct selling industry. Utilizing network marketing models, many companies not only expand their customer base but also bring them closer together in a single community, or guild. Among these firms, several are especially noted for their innovation in methods, strong product lines, and solid business ethics.
Singapore with its rising interest in the direct selling sector and the business model, has over 480,000 independent distributors operating in the region. As a result, the annual retail sales of Singapore is $448 million, according to the WFDA 2023 report. The report also clearly portrays how the region has its trust over direct selling brands and its products with most of the sales being generated from wellness products (56%) followed by cosmetics and personal care (24%). Singapore falls under the mid penetration category with a market penetration rate of 0.089% as per the WFDSA 2023 report.
List of the top Singapore MLM companies in the direct sales industry
This article examines the top multilevel marketing (MLM) companies in Singapore. We will provide insight into how these businesses have used network marketing to become leaders in areas that range from medicine and health care to education and technology. As we probe the success and unique operating formulas of these Singapore MLM companies, we hope to give a panoramic view of the lively MLM network in Singapore's tightly-tensed financial hub.
# | Company | Revenue 2023(in million USD) | Revenue 2022(in million USD) | Growth Rate | Year Founded |
---|---|---|---|---|---|
1 | Best World International | 228 | 267 | -15% | 1990 |
2 | Earn World | 200 | 100 | 100% | N/A |
3 | Go Global | 200 | 1 | 19900% | 2022 |
4 | Axxa Global | 10 | 10 | 0% | 2011 |
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Epixel MLM Software
Source - businessforhome.org
Data updated in July 2024
*The above list is subject to market changes and modifications.
Identify the top MLM companies in the direct sales industry with innovative product lines and impressive revenue growth.
Leading MLM companies in Singapore in 2024
Best World International
CEO: Dora Hoan
Founding Year: 1990
Annual Revenue 2023: $228 million
Best World International
CEO: Dora Hoan
Founding Year: 1990
Annual Revenue 2023: $228 million
Best World International, based out of Singapore, is a pioneer of modern direct selling and has been a major presence for over 20 years. The company, which is ranked among the top network marketing companies in Singapore, uses its own regional direct-selling network called BWL to offer a broad spectrum of products, including skincare, personal care goods and wellness. Their breadth of product materials is not only available to local consumers but has also been sent out to 50 markets in Asia, Oceania and the Middle East—a response that can't be impeded for beauty and health needs from customers anywhere at any time. It's because of this deep reach into the market that they rate them as one of the best network marketing companies in Singapore.
With a strong commitment to scientific research and innovation, Best World International develops only top-quality products that are designed to enhance the beauty and health of its customers. Critically acclaimed products under its brand umbrella include DR's Secret, built for the Asian skin type specifically to regain youthful radiance. Another brand, Optrimax, aims to improve body processes with innovative sales methods in order for people to achieve better weight management. The company was honoured with the prestigious award of "Best Place to Work" two years consecutively. Such recognition underlines their dedication not just to producing excellent products but also to offering their staff a caring and growth-encouraging working environment. They stand head and shoulders above all other network marketing companies for innovation and performance, up there with any of the top MLM companies in Singapore.
Earn World
CEO: Suki Chen
Founding Year: N/A
Annual Revenue 2023: $200 million
Earn World
CEO: Suki Chen
Founding Year: N/A
Annual Revenue 2023: $200 million
Earn World has rapidly ascended into a powerhouse amongst the top MLM companies in Singapore under the apt leadership of CEO Suki Chen. Proof of this dynamic growth and attractive compensation strategies is seen in the results. In 2023 it had leapt to over $200 million in revenue. With commission payouts significantly higher than industry norms, Earn World is indeed an attractive choice anywhere in the network marketing sector. The company’s industry-diverse pioneering work in the area of integrating blockchain technology and cryptocurrency into its business model, both in agriculture and security, can be said to put it in a position that is unique among network marketing companies in Singapore.
Earn World started with a presence in Singapore and has since gone global. This international reach has enabled the company to grow quickly around the world. The company heavily relies on network marketing for their business model, and given the ease with which they can sign up local distributors, its spread is crucial to their growth. Earn World, which stores trade data directly into blockchain, reflects an essential part of its soul in keeping with the advancements in technology. Earn World is a company with real operational transparency as its core, while its commission rates are high and it offers a sophisticated trading platform.
Go Global
CEO: Nader Poordeljoo
Founding Year: 2022
Annual Revenue 2023: $200 million
Go Global
CEO: Nader Poordeljoo
Founding Year: 2022
Annual Revenue 2023: $200 million
Go Global has been a pioneer in the field and is the new benchmark for network marketing companies in Singapore. In a characteristically clever twist of innovation, this company is being built to offer comprehensive online skills development services and personal empowerment as well. With so many resources to study, Go Global stands out in the world of network marketing companies in Singapore. Go Global provides a plethora of educational resources, training programs, and unique tools like GO Learn, GO Rewards, and GO Promote. These components are designed to facilitate learning, incentivize participation and aid in the effective marketing of educational offerings, making Go Global a beacon of transformative educational opportunities.
In January 2023, Go Global acquired the company division combining marketing with OmegaPro, thus taking on a business with their connections already in place. This strategic move has integrated OmegaPro members into a system that gives them access to rich and varied educational programs. It also increases both learning as well as potential earnings for these people. With a focus on creating a community of extraordinary, thought-driven leaders, Go Global is dedicated not just to personal enrichment but to building networks of people as well. One of Go Global's distinctive offerings is its emphasis on professional reinvention by promoting personal growth through training and development in fields related to this area. No matter how much slower they might be reaping real-world returns, Go Global's belief is to maintain the pace and always find new ways of leading ahead.
AXXA Global
CEO: Hsin Chong
Founding Year: 2011
Annual Revenue 2023: $10 million
AXXA Global
CEO: Hsin Chong
Founding Year: 2011
Annual Revenue 2023: $10 million
AXXA Global is a notable contender among the premier multi-level marketing corporations in Singapore and excels within the healthcare and wellness sector through its singular concentration on seed nutrition. Founded in 2011, the company has employed cutting-edge cold-press technology to cultivate an assortment of nutrient-dense items derived from seeds, positioning itself as the leader in this specialized marketplace. AXXA Global promotes holistic health and wellbeing, and also empowers individuals to take control of their condition by integrating all-natural supplements into their everyday routines. This interest in enhancing health through organic products has cemented its reputation as one of the top MLM companies in Singapore.
Operating under a network marketing business approach, AXXA Global offers people chances to earn through selling goods and broadening their distributor networks. Under the stewardship of Founder and Chairman Frankie Lee and CEO Hsin Chong, the company is driven by a vision of accessibility and empowerment, aiming to make health items readily available and to motivate informed health decisions among customers. AXXA Global maintains an A+ business grade which reflects its dependability and the trust it has accumulated within the competitive market, despite blended criticism from the direct selling community. It continues to leverage its unique seed-based nutritional focus to improve consumer health and expand its marketplace reach as a distinguished name among the top MLM companies in Singapore.
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In short, the Singapore MLM companies scene is both varied and lively, showcasing a space where new ideas and entrepreneurship thrive. The top MLM companies we've highlighted here show dedication to quality, customer happiness, and ethical business, setting high industry standards. For anyone looking to get into direct selling, these companies offer more than just products—they provide opportunities for personal and career growth. As the industry grows, these MLM leaders will keep pushing for innovation and expansion, helping Singapore maintain its status as a global business hub.
Disclaimer: Epixel neither promotes nor supports any of the companies mentioned in this article nor their products or services. The facts published here are represented as reported in the direct selling industry. The facts don't reflect our priorities. The article was compiled based on available resources and does not represent special mentions or priorities to organizations, persons, or products.
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