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Enjoy some fun facts about MLMs:
1. 25% of participants made money from multilevel marketing.
Only one-quarter of people who get involved in multilevel marketing manage to make money, as outlined in MLM business statistics. Of this 25%, 14% make less than $5,000, 6% make between $5,000 and $9,999, 3% make between $10,000 and $24,000, 3% make $25,000 or above, and only 0.05% make $100,000 or above. As you can see, the chances of making decent money from MLM are pretty slim.
2. 0.5% of people admitted they made a salary of $100,000 or more.
What is clear from the current MLM stats is that the proportion of people making decent money from multilevel marketing is low. Even the more realistic salaries seem out of reach for most.
3. Direct sales have risen 79% in the last decade, but MLM participants continue to lose money.
The reason direct sales have risen so much is that the people who are buying products enjoy the personal service that comes alongside it. The reality for those selling through MLM, however, is that most will continue to lose money through being involved in it. This could be down to selling products that aren’t in demand, which we can often discover by looking at MLM customer acquisition trends.