What is direct selling and past of network marketing?

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What is direct selling and past of network marketing?

Multi Level Marketing originally started by Marine Shipping and Insurance in the year 1830 in Mumbai for the insurance of fishing boats and financial security of fishers. The idea of Marine Shipping was adopted by a nutritional and health care company in California, USA. Among the general public named Nutralite.
According to the Nutralite compensation plan, one has to recruit minimum 25% new consumers in his team to withdraw commission of 3% from their sales. Different from Direct marketing concept, every time a consumer re-purchases, recruit new customers to his sales team could generate income again and again like residual income. The Idea clicked, and Nutrilite becomes a house hold name in the USA and now the biggest and highest selling nutritional brand in over 70 countries, traded only via network marketing route, now a Fortune 500 Company world knows by the name AMWAY.

The route of Network Marketing adopted by big international names like Dell, IBM, Oriflame, Avon, Tupperware, Toyota, Herbalife, etc. and become fortune 500 companies of the world.
1. Avon, $10.9 billion annual revenue, est. 1986
2. Amway, $9.2 billion annual revenue, est. 1959
3. Natura Cosmeticos SA, $3 billion annual revenue, est. 1969
4. Vorwerk & Co. KG, $2.9 billion annual revenue, est. 1983
5. Herbalife Ltd., $2.7 billion annual revenue, est. 1980
6. Mary Kay Inc., $2.5 billion annual revenue, est. 1963
7. Tupperware Brands Corp., $2.3 billion annual revenue, est. 1946
8. Oriflame Cosmetics SA, $2.2 billion annual revenue, est. 1967
9. Forever Living (FLP), $2 billion annual revenue, est. 1978
10. Nu Skin Enterprises, Inc., $1.5 billion annual revenue, est. 1984

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