Multilevel marketing (MLM) companies have been around in Taiwan for decades. Some have even been around for more than 100 years, though many have met their untimely demise in Taipei City long before today. Determination is what has kept many long lasting MLM companies and Taiwanese affiliates afloat, but more recently, the success of these companies can be attributed to the business strategy of network marketing.
This strategy allows businesses to reach far and wide to appeal to people who otherwise wouldn’t know about the company in Asia. Below you will find the Best Network Marketing Business in Taiwan ranked for 2023 and 2024 potential profits.
Now, many network marketing companies are successful at the international Asian level, spanning the globe and ranking among the top of the business charts all over the world. This success has only continued to grow and garner attention from people from all walks of life for Taiwanese who are looking to succeed in 2023 or 2024.
As one of the world’s leading technological companies, Taiwan ranks among the 7 largest Asian countries economically. Ranking 18th in the world for Gross Domestic Product, which was worth 590 billion US dollars in 2023, Taiwan is quite the economic powerhouse. As the country and exports/imports continues to grow, so does the economy and expectations of earnings to come. The GDP is expected to rise to 610 billion USD by the end of the year, and is sure to only continue to increase.
Why Network Marketing In Taiwan?
Network marketing takes direct sales to a whole other level, making MLM companies far more profitable and productive. One person’s success can be exponentially grown, which only makes the impact on the overall company even greater, especially if China doesn’t end up invading Taiwanese soil, but that is obviously a whole different story.
5 Top Network Marketing Companies in Taiwan
Taiwan has seen many network marketing and MLM companies throughout the years. Currently, there are many that are popular and that have seen great success in the country. Here are just five of the top ranking MLM companies in Taiwan today.
1. LiveGood – Making money from MLM is easy with LiveGood. It is one of the simplest and most affordable network marketing companies in the world. The cost to join is under $50, the monthly affiliate membership is less than $10 monthly, and the compensation plan is very generous. The products are wholesale priced and are excellent quality as well. There is no reason not to live good and prosper.
Sign up with LiveGood now to boost your health and wealth in Taiwan and worldwide! There is a reason why over 700,000 affiliate members have joined in 215 countries already heading into the end of 2023 and 2024 expects another million signups.
2. Chini Enterprise – As a growing leader in the biotech health product industry, Chini Enterprise has expanded into skincare and other wellness products, allowing the company to reach new heights. By extending their product line, they can target whole new audiences and expand the success of the individual and the company. Taiwanese entrepreneurs can make major MLM money with Chini Enterprise.
3. Herbalife – Practically a household name, it’s no surprise that Herbalife has seen success in Taiwan. The company is centered on a healthy maintainable lifestyle and has proven time and time again that it has what it takes to succeed in a highly competitive market. The company has helped thousands reach health goals and find financial success at the same time in Kaohsiung City.
4. Amway – Founded by two family men who set out to seek brighter futures for their families, Amway has several decades of success in their history. With what started as a single organic cleaner has grown into a business that has reached a global scale with household products, personal care items, and other health products available to the masses. Amway has proven that ingenuity, perseverance, and determination can lead to long lasting and great success in Tainan City or Magong.
5. Akashx by My Daily Choice – My Daily Choice was founded 9 years ago and is still the fastest rising MLM company in the industry. Known for their Hempworx CBD line, Josh and Jenna Zwagil have created a “house of brands” empire with MDC. They just launched a Forex and Crypto platform for education trading Cryptos for MLM customers in Keelung City and Kaohsiung City. They have also expanded to a variety of other product niches to make for a very well-rounded MLM organization.
Why Generating Leads is Essential For MLMs
Leads are the way that your company grows. For every lead that turns into an added member of your team it might take 50 to 100 leads to get an upgrade. This is why generating leads continuously is imperative for the success of your business. You need constant foot traffic on your website to get the feelers out and try to get people to join your team. Without this, your business can’t, and won’t grow.
How to Join a top MLM Company
When considering how you should go about joining an MLM company that utilizes network marketing to maximize your compensation on your efforts, you will need to consider what packages are available to get started with. You need to fully understand what is offered before joining to ensure that you will not only return on your investment, but that you will profit in Taiwan or other parts of Asia.
Knowing how to approach growing your Taiwan MLM business comes next. You will need to know how to plan out growing the ‘legs’ of your business. One will be more active and profitable, thus being the power leg for your company. Your less active will be the smaller leg but you will actually be able to grow this one once your powerleg is volumized and consistently profitable.
Lastly, Taiwanese entrepreneurs will have to think about how you will go about sharing your product, website, and services while continuously generating leads. If the company you choose has the built in sales funnel in place, you can sit back and let the leads generate, otherwise you may have to look at how to do this yourself. Most importantly, you will need to teach your team how to do this too for downline duplication in Taichung City and Banqiao District of Taiwan.
Taiwan is a hub for network marketing to take the business world by storm. Already home to many successful Asian MLM and direct sales companies, Taiwan is a place where the strategy has already proven to propel these companies into global success in 2022, 2023, and into 2024.