In today’s post, I want to share what I believe are the top 5 MLM Companies in Sri Lanka.
Sri Lanka is a hotbed for the MLM Industry. Like many other Asian countries, people are looking for ways to take control of their own financial future. People want to own their own business. Since many of these folks can’t afford to start a traditional business, network marketing becomes a viable option for them.
About Sri Lanka
Here are a few quick facts about Sri Lanka, in case you aren’t familiar with this great country.
- Sri Lanka is an island country in south Asia.
- Colombo is the capital and largest city.
- The country became a republic and adopted its current name in 1972.
- Buddhism is the most popular religion in the country.
- The official languages are Sinhala and Tamil.
- Sri Lanka gained its independence from the United Kingdom in 1948.
- It is approximately 25,000 square miles in size.
- The population is approximately 21 million people.
- The currency is the Sri Lankan Rupee.
Top 5 MLM Companies in Sri Lanka
I have to start by telling you that this list was VERY difficult to put together. I could not find any type of listing with the Direct Selling Association, or any other entity that listed the MLM Companies in Sri Lanka.
What I did was went through the largest 30 or 40 MLM Companies in the world and included them on this list if they did business in Sri Lanka. From what I could find, most of those top companies were not open for business in Sri Lanka.
# 5: DXN Global
Founded in 1993 by Dr. Lim Siow Jim, DXN Global is one of the largest MLM Companies in the world. It does business in Sri Lanka and many other countries.
DXN offers a wide range of products to include health and wellness, food and beverage, personal care, skin care and more. Many of their products are made with the Ganoderma mushroom. From what I found online, DXN does business as Magnum Investments, Ltd. In Sri Lanka.
From the company’s website:
Our philosophy – to provide low price and high quality products, to keep a low profile while generating high income is ideal for direct selling. This system is equitably accessible to anyone of any background. Our free enterprise system enables anyone to enjoy personal achievements that lead to greater financial independence. More importantly, numerous people have testified to the benefits of our products when they gained better health through consumption of our products. Our philosophy is the foundation on which our success in the network marketing industry is built.
# 4: Oriflame
Oriflame is a POWERHOUSE in the direct selling world. Headquartered in Sweden, Oriflame is open for business in Sri Lanka. It offers wellness products, skin care, fragrances, personal care, and much more. There are lotions and potions, deodorant, shampoo and just about everything else you can imagine.
Oriflame is known for having great products at really affordable prices. Their prices are much more competitive than most other MLM Companies. I would say that Oriflame’s biggest competitor is Avon.
Oriflame is dominated by women, although there are a few successful male distributors as well. Oriflame has the reputation as more of a direct selling company than network marketing, although they do have an MLM Compensation Plan.
Here is their mission and vision statements from the corporate website.
Our Vision is to be the #1 Beauty Company Selling Direct.
Our Mission is to Fulfill Dreams.
# 3: QNET
QNET opened for business in 1998. It started in the Philippines and is now headquartered in Hong Kong. QNET specializes in weight management, health and wellness, fashion, nutrition and personal care items. The company is owned by the Qi Group and employs more than 1,500 people.
Our MISSION is to contribute to the global community through the daily application of RYTHM – Raise Yourself To Help Mankind. We do this by helping individuals achieve their goals and lead better lives through a combination of an entrepreneurial business opportunity with life-enhancing products.
# 2: Tiens
Tiens is a large network marketing company with its headquarters in China. It also does business in Sri Lanka. It’s been in business since 1995. They offer a nice product selection of products. From what I have read online, the company has more than 12 million distributors and 40 million customers worldwide.
All the people at Tiens work together, and are an indispensable part of the Tiens brand.
# 1: 4Life
Ever heard of 4Life? They are one of the most respected MLM Companies in the world. No, I am not affiliated with them either. The company was founded in 1998 and is headquartered in Utah. They have a strong presence in Sri Lanka and many other countries. Their most popular product is the Transfer Factor.
At 4Life, we believe in working together to help people enjoy healthy and rewarding lives. We want you to feel good about being involved with a company where you can experience personal success and help others succeed at the same time.
What are your thoughts? What do you believe are the top MLM Companies in Sri Lanka? Leave a comment below to let me know what you think. I look forward to hearing from you.