WORlD Global Network is a direct selling company producing health and wellness tech and products in a multilevel marketing system.
Wearable tech and health monitoring is an exploding industry. Fitbit is leading the charge with a 22.2% command of the market. That being said Apple and others, including China’s Xiaomi, are gaining ground. Not to mention long time wearable tech player Garmin.
Numbers come from the IDC Website (International Data Corporation) which tracks consumer, trade, and product data across markets and continents. Interesting is that the IDC reports that “others” are taking 34.6% of that market. We can assume WORlD is one of those with its HELO wearable health monitoring device.
According to Nick McKay (A Wedbush Securities Analyst), Fitbit’s popularity is contributed to . . . “The fact that they were arguably the innovator in the space, and the combination of brand awareness, stronger products and impact of the network effect has differentiated them . . .” Others quote the distribution and community of health monitoring in major employers like Target who ordered thousands of Fitbit devices for their employees.
Would it be a natural evolution for Fitbit to embrace its social and networking appeal and follow WORlD in applying a network marketing model to its existing advertising and branding efforts?
WORlD Global Network: “FOUNDED IN 2011, WOR(L)D IS A RECOGNIZED AS A LEADING PLAYER IN THE DRIVE TOWARDS A MORE ECONOMICALLY STABLE, SOCIALLY CONNECTED WORLD. LEVERAGING A NEW BUSINESS PARADIGM, WOR(L)D SEEKS TO TRANSCEND EVERY SOCIAL AND ECONOMIC BOUNDARY. USING INNOVATIVE PRODUCTS AND A PROVEN, DIRECT SELLING BUSINESS MODEL, WOR(L)D IS HELPING PEOPLE AROUND THE GLOBE TO TRANSFORM THEIR LIVES—AND THEIR LIVELIHOODS.”
Still think Multi-Level and Network Marketing companies are pyramid schemes? Does a $600 Million buy-in change your mind?
Coty Cosmetics is spending 600 Million for a 60% piece of Younique’s MLM cosmetics company. Younique has been known, by its members, as a solid performing MLM company for some time. Now others are seeing the values and spending big money to get on board.
Much of Younique sales are made through participants on their individual social media accounts and websites. This is a great illustration of the power of online Network Marketing. Forget what you think you know. Recommending great products that are useful to others is the best type of selling there is.
BK Boreyko Getting Ready to Launch Another Mega MLM with Bode Pro. His last two Multilevel Marketing Companies earned over $1 Billion each.
This new brand is looking to offer high-quality nootropics with the hugely successful (for Boreyko undoubtedly) Multi-Level Marketing model. His last two ventures Vemma and New Vision where both billion-dollar earners. Many speculate this one will be even better.
Bode Pro is a performance supplement relying on substantial clinical testing and results. Boreyko has extensive experience in both developing supplements and making successful network marketing companies. It looks like Bode Pro will adopt the increasingly popular uni-line model that provides a better result to new network marketers.
It may be the brand and business to get started in quickly. With a Uni-Line system when you get in matters. You get commissions from non-direct affiliations that join after. We’ll have to wait and see.
Multi-Level Marketing holds its ground in a Google Trends comparison.
If you’re searching for an opportunity, maybe re-thinking multi-level marketing is a wise decision. Compared to other standard ease of entry markets multi-level marketing is looking like the surer bet.
Here we see a stable and growing interest in multi-level marketing.
Conversely, there is a waning of interest in real estate. Financial guru’s are questioning the traditional wisdom of your home as your best investment. Many are preaching it’s now o.k. to stay a renter while you build financial stability and other investments.
Franchising was once viewed as the safe bet in small business ( . . . and compared to success rates of other small business start-ups it is). A little like multi-level marketing it offers a proven system. The problem is it lacks the flexibility and keeps business owners tied to operating the business.
We can even see a decline in retail. The modern consumer is valuing experience above physical goods. Sure, we all need to buy things, but what we buy and how often is changing. With the exception of the holiday season spikes; retail interests continue to depreciate.
Offering the opportunity for freedom in the way we work, a chance at real financial success, and proven sales and self-improvement systems MLM and Network Marketing companies are holding interest and gaining ground.