Bangladesh is one of the 50 biggest economies in the world and is one of the top 10 most populated nations globally as well. Entrepreneurs are figuring out the multi-level marketing (MLM) is a top business opportunity in Bangladesh. An aspiring entrepreneur from Bangladesh can earn multiple revenue streams while being their own boss in network marketing or direct selling.
But which are the smartest MLM businesses to consider joining if you are Bangladeshi? Here are the top ten MLM companies in Bangladesh for 2023 and heading into 2024.
Top 10 Best MLM Companies In Bangladesh For 2023 And 2024
3. My Daily Choice
6. Rodan & Fields
There are other growing MLMs in Bangladesh to consider to keep your eyes and ears open for new network marketing opportunities such as Sisel, Arbonne, Melaleuca, Forever Living, Youngevity, Mintbuilder, Organo Gold, MonaVie, Scentsy, Coway, Norwex, Neolife, Juice+, ItWorks, and Isagenix. Look into each MLM company closely before you join in Dhaka or other parts of Bangladesh in 2024.
Network marketing is not a new business strategy, but has become incredibly popular in recent years as the world has turned more and more technology and social media based. It seems like more and more MLM companies in Bangladesh are using this strategy are popping up left and right in Sylhet and Chattogram.
This is great as it continues to grow the excitement about network marketing, allowing companies working on that plan to thrive. Some companies do better in South Asia than others, and it really all depends on the set up for the company, the reliability of products and repeat sales, as well as the plans for growth. These points combined can make or break a company with South Asian distributors.
Two of these up and coming companies is LiveGood and Elepreneurs. These companies are growing quickly and shows great promise for continued success between its mission and vision for the future with South Asians. Entrepreneurship is the best way to get ahead in Mymensingh and Bogura, with MLM being the easiest path towards becoming a successful entrepreneur.
Bangladeshi independent business owners want leadership in the MLM company they choose, like in LiveGood. It was founded by Robert Oblon, who has 22 years of experience in online travel. With the plan to help others elevate themselves, Oblon used his experience in business modeling to develop a new top MLM venture. The approach he settled on was the Super Affiliate Marketing, bringing the world of direct sales and network marketing to a whole new level in 2023 for Chattogram and Sylhet.
MLM Money Making Mission
MLM business reps in Bangladesh want to make massive money, otherwise what is the point of joining a multi-level marketing company. LiveGood works to help those who want to make their primary career business based become better entrepreneurs. The company hosts seminars and workshops as well as classes and even boot camp events to help train others to be the best business men and women they can be. With experience on their side, Live Good provides their members with the skills and knowledge necessary to build a successful business that stands above the rest in Khulna and Narsingdi Bangladesh.
A top MLM company like Live Good offers membership with access to the Elevacity product line which includes vitamins, herbs, and supplements to help leave a healthier and happier lifestyle for Asians. From energy, to sleep aids, to skincare and more, this product like aims to elevate your health, happiness, and wealth in South Asia!
Cash In On A Complete Compensation Plan
As with most Asian direct sales companies, LiveGood offers a commission rate based on retail sales to others, but the primary earnings place is in the affiliate recruitment. There are multiple affiliate ranks within the LiveGood compensation plan. This ranking system is based on the group sales volume for an entire downline.
There is also a 21% check match program for each new affiliate that someone recruits. With each new affiliate, the check match increases by 22% through 5 new affiliates. This percentage is paid based on the two affiliates with the highest earnings, maximizing the check match bonus potential if you are a resident of Bogura, Mymensingh, Saidpur, and Tangail!
Additionally, there is an Infinity Bonus that is unlocked once a LiveGood member has recruited two new affiliates. This is a 23% match on sales volume for the two affiliates with the highest earnings. This bonus is extended through the multiple levels of a downline and can work through an infinite line of levels!
With the Lifestyle Bonus, LiveGood at the Gold and higher rank are rewarded based on their personal sales volume. Anyone at Platinum rank or higher must make an additional 80 PV monthly to receive the bonus. This bonus increases up the ranking system, rewarding higher ranks based on their hard work!
Top earners and affiliates then can also receive the Global Bonus Pool, where 4% of the company earnings is placed into the pool to be split among the top ranks of affiliates, allowing those to make even more.
Where Will MLM In Bangladesh Go Next?
LiveGood is sure to continue to grow and succeed. Their multifaceted compensation plan provides great opportunity that is attractive to new entrepreneurs. With the basis in strong training and skills planted into each new LiveGood member rep, the success is almost guaranteed.
Offering products that are appealing to the public and sure to gain popularity as time continues, the Elevate line by LiveGood is sure to grow and expand with demand. With this relatively new opportunity to earn either part-time or full-time income through direct sales, LiveGood will help those interested in growing their own successful businesses while leading healthier lives and helping others to do the same.
There is currently an opportunity for affiliates to opt into a Sharing Services of the stock associated with LG. While this is a smaller portion of the compensation plan, it is sure to garner more interest as the products and company grow in popularity with Bangladeshis. With this will come greater success and greater positive turnover in revenue for Bangladeshi entrepreneurs in their MLM companies.
Making More Money Mastering MLM
As with many network marketing companies, LiveGood has shown quick and great promise towards success in Bangladesh. As long as the multi-level marketing company sticks to their mission and the true network marketing strategy, LiveGood is sure to be one of the top MLM companies for 2024 and years to come. It is time to sign up for the right MLM company and live good!