Thank you for reading this article on the most profitable MLM business in Malaysia.
My name is Lynn and I am from Kuala Lumpur.
Above is a picture of me doing a business opportunity sharing.
My husband and I are professional network marketer and we have been building our network marketing business since March 2018.
For those that are not in the direct selling industry, probably they may not know how big the industry is in Malaysia.
According to the World Federation of Direct Selling Associations (WFDSA), a leading international, non-governmental, voluntary organization representing the global direct selling industry in more than 170 countries fact sheet, Malaysia was ranked number 7 globally in term of total sales generated.
For the year 2020, the total sales from the Malaysian direct selling industry was USD6.97 billion!
As per the statistic from WFDSA, the top 10 direct selling markets in the world are:
1) United States (USD40.1 Billion)
2) China (USD19.18 Billion)
3) Germany (USD17.96 Billion)
4) Korea (USD17.74 Billion)
5) Japan (USD15.41 Billion)
6) Brazil (USD8.25 Billion)
7) Malaysia (USD6.97 Billion)
8) Mexico (USD5.27 Billion)
9) France (USD5.13 Billion)
10) Taiwan, China (USD4.46 Billion)
If you are thinking of starting a network marketing business in Malaysia, probably you will be thinking which company you should join.
The following are addition statistic from World Federation of Direct Selling Associations on the different profitable product segments within the global direct selling industry.
Below is the data published by WFDSA on the different product segments sold through direct selling for the year 2019.
1) Wellness (35.6% USD64.3 Billion)
2) Cosmetics and personal care (28.6% USD51.6 Billion)
3) Household goods and durables (11.5% USD20.8 Billion)
4) Clothing and accessories (6.1% USD11.0 Billion)
5) Financial services (3.9% USD7.0 Billion)
6) Foodstuff and beverages (3.1% USD5.6 Billion)
7) Utilities (3.0% USD5.4 Billion)
8) Home care (2.8% USD5.1 Billion)
9) Books, toys, stationary etc (2.1% USD3.8 Billion)
10) Home improvement (1.7% USD3.1 Billion)
11) Other (1.6% USD2.9 Billion)
Therefore if you are researching direct selling companies to join in Malaysia, look for a company that has product range in:
- Cosmetics and personal care
- Household goods and durables
- Clothing and accessories
Which direct selling company in Malaysia has the above product range?
From my experience, most large direct selling company has similar product range but what you should look for is uniqueness of the product.
It doesn’t make sense if the product you want to sell is similar to your competitors.
How do you find a unique product?
When you are evaluating the product from the direct sales company, preferably it should be a blue ocean product.
Blue ocean product is a concept from the book Blue Ocean Strategy by W. Chan Kim and Renee Mauborgne.
A blue ocean product is when a company has created a new market space where there are no equivalent competitors.
When there is a high demand with low or no competitors in the market, it makes building your network marketing business so much easier.
That was what I did when my husband and I are building our network marketing business.
Blue Ocean Market
If you are looking for a profitable MLM business opportunity with a product using the Blue Ocean Strategy, please allow me to share what we do.
The core product of our business is a type of far infrared ray (FIR) emitting garment fully made and imported from Japan.
This product is very unique in Malaysia with no major competitor.
The product demand is very big because there is a HUGE target market.
The target market for the FIR emitting garment is men and women who are going to umrah and haji.
The FIR garment suitable for umrah and haji consist of pants, socks, T-shirt, boxes, arm sleeves and also head scarf or anak tudung.
Do you want to know more about this business opportunity?
If you do, click the link below to message me on WhatsApp and I’ll share more with you.
Leave A Comment