MLM Growth Statistics that you need to know in 2020by Milkyway Services We Strike With Solutions That Have An Effect.
MLM has been a very influential and productive business methodology for the past several years. The advent of MLM Software technology has just boosted the MLM Marketing strategy by giving it extra wings. MLM or multi level marketing works on a business model that sells its products or services via direct selling, network or referral marketing. The year 2019 has been a mark of huge success for MLM software industry, and here we are going to discuss a few MLM trends where MLM software development Company can seek growth opportunities in the year 2020.
Before getting deep into statistics, let's have a brief look into the evolution of MLM marketing.
Chronology of Multi-Level Marketing Business Model
There are lots of disputes and mixed thoughts and views regarding the origin of MLM business. The most accepted theory denotes its evolution from Avon in the USA in the year 1886. By the completion of the year 1990, there were around 25% members of direct selling associations, and the percentage increased to 77%, and 94.2% in the year 1999, and 2009 respectively.
Look at statistics of MLM Business in the year 2020
More than 100 countries across the world are being operated with this very result-oriented business model. Having worth of around one seventy US dollars, it is continuously generating a source of huge profits both for startups, and existing ventures.
A glimpse of Technology Advancement in MLM Industry
The fast growth rate of MLM rate is clear through its statistics. There has been a development of MLM software. It is designed with an aim to control and manage the whole mlm process from sales, marketing as well as direct selling.
The concept of MLM software has given a boost to the MLM industry, by simplifying the marketing structure. Software based on different plans makes it easy for individuals to interact, control and manage their contacts with much more ease than ever.
If you’re in the MLM industry, or just want to move ahead in the same, we just recommend you to take extra benefits by purchasing MLM Software. If you're looking for MLM software development Company in Noida, then you can visit the official website of Milkyway Services.
Created on Apr 27th 2020 03:53. Viewed 110 times.