Direct promoting has lengthy deepened its roots in Asia with many widespread international markets to its credit score. Malaysian direct promoting market, alone, is a 120-year-old market and is ranked #6 among the many high direct promoting markets on the earth and 4th in Asia Pacific. Regardless of following the normal direct promoting mannequin, the expansion of Malaysian MLM corporations might be additionally attributed to the rising development of adopting digital advertising and marketing strategies. Maintaining tempo with the ongoing traits has stored these direct promoting corporations up and operating within the Malaysian market.
MLM corporations in Malaysia have been avid contributors to the nation’s financial system. The highest MLM corporations making their mark within the Malaysian direct promoting trade are additionally the highest leaders of their respective sectors.
Record of high direct promoting corporations in Malaysia
Information up to date in January 2023
*The above listing is topic to market adjustments and modifications.
Take a look at for extra insights on high 100 MLM corporations.
The desk makes it extra evident that the well being and wellness corporations are probably the most outstanding ones within the Malaysian trade and the post-pandemic reviews cite that individuals’s growing well being issues turned advantageous for the sector.
1. QNet
Founder: Vijay Eswaran & Joseph Bismark
CEO: Malou Caluza
Merchandise & Companies: Vitality, weight administration, vitamin, private care, dwelling care, and style equipment
High Earners: 13
Web site: www.qnet.web
Achievements:
- Secured 12 wins on the 2022 NYX Awards
- Received a Bronze award on the 2022 Worldwide Enterprise Awards
- Received the 2022 Gold Commonplace Awards
2. Cosway
Founder: Al Chuah Choong Heong
CEO: Alice Lee
Merchandise & Companies: Dietary supplements, private care, cosmetics, family, meals & drinks, clothes
High Earners: N/A
Web site: www.cosway.com.my
Achievements:N/A
3. Elken
Founder: AK Tan
CEO: Falko Leonhardt
Merchandise & Companies: Well being care, physique & magnificence, private care, dwelling care, meals & drinks
High Earners: N/A
Web site: www.elken.com
Achievements:
- Winner of the Malaysia Well being & Wellness Manufacturers Award 2019
- Winner of the Malaysia Well being & Wellness Manufacturers Award 2018
- Acknowledged as one of many Finest Corporations to Work for in Asia – 2014, 2015 and 2016
4. Gano Excel
Founder: Leow Quickly Seng
CEO: Leow Quickly
Merchandise & Companies: Drinks, dietary supplements & private care
High Earners: 1
Web site: www.ganoexcel.com
Achievements: N/A
5. Zhulian Advertising
Founder: Teoh Beng
CEO: Teoh Beng Seng
Merchandise & Companies: Well being, jewellery, private care, magnificence
High Earners: N/A
Web site: www.zhulian.com.my
Achievements:
- Winner of the Human Useful resource Improvement Award 2022
- Winner of the Export Excellence Award 2022
6. Sahajidah Hai-O
Founder: Tan Kai Hee
CEO: Tan Keng Kang
Merchandise & Companies: Dietary meals & beverage, private care, skincare & cosmetics, wellness
High Earners: N/A
Web site: www.shom.com.my/en
Achievements:
- Winner of the BrandLaureate SMEs Most Established Model Award 2019
- Winner of the Edge Centurion Membership Company Award 2019
7. Edmark Worldwide
Founder: Sam Low Ban Chai
CEO: Sam Low Ban Chai
Merchandise & Companies: Wellness
High Earners: N/A
Web site: www.edmarker.com
Achievements:
- Excellent Meals Dietary supplements Firm of The 12 months 2022
8. Destina 1 Int.
Founder: Lord Prof. Dato Seri Dr. Barani Karunakaran
CEO: Lord Prof Dato Seri Dr. Barani Karunakaran
Merchandise & Companies: Well being care, hair care, skincare, private care
High Earners: N/A
Web site: www.destina1.com
Achievements:
- Winner of the Most Revolutionary Direct Promoting Firm 2020 Award
- Worldwide Winner of Peak of Success Award 2019
9. Asia Natural Biotech
Founder: Rick Gan
CEO: Dr. Alfred Ng Kok Weng
Merchandise & Companies: Dietary
High Earners: N/A
Web site: www.ahb2u.com
Achievements: N/A
10. SuperLife World
Founder: Lai Tek Kean
CEO: Lai Tek Kean
Merchandise & Companies: Well being
High Earners: N/A
Web site: www.superlifeworld.com
Achievements:
- Received the Honorary Sin Chew Enterprise Excellence Awards 2020 in Worldwide Enterprise Excellence Awards
- Received the Honorary SME100 Awards 2020
- Received the Honorary BrandLaureate SMEs Finest Manufacturers of the Decade Award 2020
Insights on MLM corporations in Malaysia
1.
In 2021, direct gross sales trade in Malaysia generated $8.36 billion in retail gross sales.
2.
The unbiased representatives and distributors actively concerned in direct gross sales in Malaysia in 2021 have been round 5.5 million.
3.
Ladies comprise 65% of the 5.5 million energetic direct promoting distributors.
4.
QNet holds the highest place by way of income in 2021. The income of QNet for the yr 2021 was $520 million.
5.
4 corporations have been based after the yr 2000 – Destina 1 Int., Asia Natural Biotech, SuperLife World, and PhytoScience.
6.
Cosway based in 1979 is the oldest direct gross sales firm on the listing.
7.
Well being and wellness merchandise have been the highest contributors amongst different product/service classes.
The Direct Promoting Affiliation in Malaysia (DSAM) Statistics for 2021 cites that the wellness class alone accounted for 45% of retail gross sales within the Malaysian direct promoting market. Family items and durables secured second place with 21% adopted by cosmetics and private care merchandise in third place with 20% retail gross sales.
Direct promoting trade in Malaysia
In line with WFDSA 2021 retail gross sales report, the Malaysian direct promoting market reported $8.3 million in retail gross sales. It ranked 6th among the many 24 World Billion Greenback markets acknowledged by WFDSA. Direct Promoting Affiliation in Malaysia (DSAM) was additionally listed as a Platinum member for attaining DSA requirements in 2019.
The Malaysian direct promoting trade, from the very starting, has solely seen progress in its development journey. The 21-year comparability of the trade’s development has solely witnessed an increase through the years aside from the years 2007-09. The Malaysian direct promoting market efficiency reveals that the years 2016-2019 noticed a 20% upward trajectory.
The direct promoting trade has been adopting all of the impactful and conventional direct promoting strategies—person-to-person, occasion plan, and on-line. The yr 2020 noticed a steep enhance within the adoption of the web mannequin amidst the spreading pandemic.
Nonetheless, person-to-person and occasion plan strategies noticed a dip in 2020 amidst the sanctions imposed by the federal government and the individuals gripped within the worry of contracting the illness. The yr 2019 set an ideal distinction with all besides the web mannequin witnessing a lower in adoption.
Ministry of Home Commerce and Shopper Affairs (MDTCA) expresses optimistic hopes for the direct promoting trade within the coming yr. The trade resilience and the assist from the Authorities of Malaysia will assist the direct promoting trade outperform different home trades within the nation. MDTCA can also be making ready to draft the Direct Promoting Blue Print 2.0 in alignment with the 12th Malaysia Plan. Expressing his optimistic hopes in regards to the functionality of the direct promoting trade, Datuk Seri Hj. Hasnol acknowledged, “It’s fairly superior by way of the framework and the salient factors we have to introduce, nonetheless, we have to have interaction extra individuals to guarantee that they’re in keeping with the present traits, and likewise to guarantee that all areas are lined”.
Make use of environment friendly methods to sort out each new problem in your direct promoting enterprise