You probably have seen your favorite network marketer online showcasing the huge bucks he made in a week. Oh, I definitely see this!
Many have jumped into network marketing with those celebrities as a model because they saw them as the highest paid network marketers in the industry.
Well, we’ll say, look before you leap!
Therefore, learn about the Highest Paid Network Marketers and replicate their strategies. Give it some time as well and you’ll get their results.
Meanwhile, before going into the pay, what is network marketing?
What is Network Marketing?
Network Marketing is a business model that relies on in-person sales through independent agents who often work from home.
In a network marketing company, you may need to build a network of business partners or suppliers to help with lead generation and close sales. It is a direct sales business in which sellers work independently to promote products or services.
Salespeople or agents work independently; whoever hired them encourages them to recruit and train more officers; then they, in turn, encourage the agents they hire to do the same.
We also refer to this model as MLM (multi-level marketing), referral marketing, and cellular marketing. The green agent receives a commission from the sales of all downline agents.
Network Marketing is a huge business with worldwide sales exceeding hundreds of billions of dollars a year. Some countries restrict or prohibit this type of configuration; usually, after a massive fraud case hits the news.
This method earns the commission on the agent’s own sales proceeds as well as on the sales proceeds of the sales force recruited by the agent and his recruits.
There are many reputable network marketing companies out there, but some have been denounced as pyramid schemes. The latter may focus less on selling to consumers than hiring vendors who may have to pay upfront for expensive starter kits.
Below we will list the Highest Paid Network Marketers.
Do network marketers make money?
It is certainly possible for a network marketer to make money, but not likely.
Some people have great success in network marketing, largely because of their ability to attract more members to the network and research well before diving into network marketing.
There are two main sources of income: product sales and commissions. The more people in your downline, the more money you will amass, the bigger the team you can recruit, the more money you can make.
Most people who participate in legitimate network marketing programs make little or no money. People can lose money; Some may get caught up in an illegal pyramid scheme and fail to realize they’ve joined a fraudulent company and may lose everything they invest in.
Research and ask questions before diving in.
How do network marketers make money?
There are two sources of income for network marketers:
1. Money from the sale of the products/services. When distributors start, this part usually makes up the bulk of their income.
2. Commission on sales from team members/downlines. If distributors have expanded their network over time by hiring downlines, it generally exceeds the revenue from each distributor’s sales.
The more downlines a distributor has, the more money he gets from commissions.
Commission structures vary between companies and may seem complicated at first, but in general, they allow you to receive a percentage of every sale your downline makes.
Therefore, the bigger your team, the more money you will make.
As the business shifts from primary retail to recruiting, responsibilities change too. The recruiting, training, and mentoring side becomes much more important and time-consuming, selling the product less. I
t is sometimes referred to as residual income if you continue to make money without actively selling or selling.
One area network marketers need to run their downlines is in accounting and tax compliance. In short, network marketing is a real business opportunity that, like any other business, can lead to economic success.
How much do network marketers make?
As a network marketer, your potential earning power is “unlimited” and limited only by your commitment to the cause.
But in reality, making money with a network marketing company also costs money.
Just investing in a starter kit with everything you sell and then spending an hour a week marketing isn’t going to get you the coveted six-figure salaries.
An article from Inc.com found that the average network marketing sales professional makes about $ 2,400 a year selling products. So, it is not just enough to quit your job when you have one, but a nice increase in your income if you are willing.
How to become a network marketer?
To become a network marketer, you need to do your assignment. Research well about the network marketing company before diving into anything. Read the ebooks or articles of network marketing experts and understand what works for you.
The next step, choose a goal you can work towards. It could be daily, monthly or weekly goals. Ensure you work towards these goals. They are going to serve as a strong foundation for your networking marketing journey.
Go to training organized by any company you decide to join. Take this training seriously. After that, make a plan that works with your goals and back it up with actions. Review the actions you made every week or month to know what you might have done wrong and make necessary corrections.
A success story starts from a plan and is supported with actions.
Top 25 Highest Earning/Paid Network Marketers In The World
1. Igor Alberts & Andreea Cimbala-
Igor Alberts is from the Netherlands. He is a network marketing industry veteran with over 30 years of experience, his wife Andreea Cimbala (from Italy) who is also his partner has 5 years of experience.
Their company is DagCoin – Success Factory.
They earn an average of $21,600,000 annually. Their lifetime income is $150,000,000.
They are the Highest Paid Network Marketers in the world.
2. Ivan & Monika Tapia
These couples are from the United States of America.
Their organization is IM Mastery Academy.
They earn an average of $18,000,000 annually. Their lifetime income is $28,000,000.
3. Trin & Jirawan Vichaidith
They are both from Thailand. Their organization is Nu Skin.
Their annual income is $16,020,000 with a lifetime income of $19,000,000.
4. Jenna Zwagil
Jenna is from the United States with an annual income of $12,720,000 and a lifetime income of $12,000,000.
Her industry is MyDailyChoice.
It is one of the Highest Paid Network Marketers.
5. Stormy Wellington
The 1st grand ambassador of Total Life Changes.
She is from the USA with an annual income of $12,000,000 and a lifetime income of $25,000,000.
Network marketing can pay a huge sum for the ardent.
6. David Imonitie
He is a philanthropist, an entrepreneur, and a trainer. He is the founder of the IBelieve Foundation.
David lives in Texas, the USA with an annual income of $10,380,000 and a lifetime income of $23,000,000.
He is the owner of a network marketing company with the highest pay.
7. Jason Brown & Matthew Rosa
These young men are based in the United States. They earn $250,000 monthly in IMarketsLive with an annual income of $9,600,000 and a lifetime income of $5,000,000.
8. Allan Badilla & Laura Castro:
Another Highest-Paid Network Marketers are Jason and Matthew.
They live in Costa Rica. They earn $730,000 commission monthly from BE with an annual income of $8,760,000 and a lifetime income of $3,000,000.
9. Rolf Kipp
Rolf is the top earner for Forever Living.
He lives in Germany with an annual income of $8,400,000 and a lifetime income of $100,000,000.
This network marketing pay is attractive.
10. Bryce Thompson
A successful 24 years entrepreneur, based in the USA, working for IM Mastery Academy.
He earns $8,400,000 annually. His lifetime income is not known.
11. Stefania Lo Gatto & Danien Feier-
This million power couple in Jeunesse Network Marketing company is from Italy & Germany respectively.
They earn a total of $8,220,000 annually and their lifetime income is $16,000,000.
12. Yager Group (Dexter Yager)
Dexter is from the USA.
He once oversaw half of Amway’s global sales network of 2 million people.
He earns an annual income of $7,200,000 and a lifetime income of $460,000,000.
Yager is one of the Highest Paid Network Marketers.
13. Lulian Cimbala
Lulian lives in Japan and receives $565,000 commission from DagCoin – Success Factory monthly.
He earns $6,780,000 annually with a lifetime earning of $8,000,000.
14. Nathalie Nicole Smith
Nathalie partnered with Total Life Changes in 2015 and in less than a year began to make 6 figures.
She is based in the USA earning $6,636,000 annually with a lifetime income of $4,000,000.
Natalie is one of the top-earning and highest-paid network marketers
15. Ana Cantera
She is the first IBO to achieve the rank of Executive Ambassador with TLC in Latin America.
She earns $6,300,000 annually with a lifetime income of $4,000,000.
16. John Haremza
John is a network marketer with over 30 years of experience, living in the USA. He’s in a partnership with Valentus and he is one of their top partners. He makes $6,000,000 annually with a lifetime earning of $23,000,000.
17. David Liciaga
He is a network marketer (the top ) in Epic Trading Company, USA. He makes $6,000,000 annual earning and $4,200,000 lifetime earnings.
18. Damon Aleczander-
He is one of the top network marketers in Epic Trading company. He earns $6,000,000 annually with a lifetime income of $3,000,000.
19. Khalid Shaath
One of the top earners of Dubli Network – Ominto, UAE. He earns $5,760,000 yearly with a total income of $15,000,000.
20. Alfred Nickson
Alfred is a network marketer in Financial Education Services, USA.
He earns $5,436,000 yearly with a lifetime income of $5,000,000.
21. Andreas Matuska
Andreas is a 24-year-old entrepreneur from Monaco. He started partnering with Lyconet when he was just 18 years old.
He makes $5,412,000 annually with total earnings of $2,000,000. Making him one of the Highest Paid Network Marketers.
22. Mark & Judy Willodson
These couples are the top earners in Elepreneurs Company, USA.
Their annual income is $5,412,000 and their total income is $6,000,000.
23. Jeff Roberti
One of the highest income earners in the History of Network Marketing is Jefff.
He was a broke waiter before he became introduced to the world of network marketing and is now one of the top earners in Juice Plus+ company, USA.
He earns $5,400,000 yearly with a lifetime income of $10,500,000.
24. Calvin & Shannon Becerra
They have been in the Network Marketing Industry for 12 years. They have teams of more than 1 million people in more than 120 companies including Jeunesse, USA.
These Highest Paid Network Marketers earn $5,400,000 annually with a lifetime earning of $11,000,000.
25. Roald Mailly & Patricia Numanare
They are currently one of the major Network Marketing experts in the Nederlands with the highest pay, with their own Success 4 All – OneDream Team OneLife organization that goes beyond any borders worldwide.
They earn $128,000 monthly and $4,980,000 yearly with a lifetime earning of $6,000,000.
Top FAQs of Network Marketing an Pay
That depends on your goals. If you want to make a few dollars a month, you could probably spend five hours a week or less doing it. However, if you want to build a full-time income, lay off your boss, and enjoy more time, you need to invest at least 15 hours a week. The great thing is that there are tools out there to help you make the most of this time.
No. More than 90% of people start their network marketing careers part-time. 7-10 hours a week is enough for network marketing. As your network marketing income grows, build a fund for yourself. If your networking income exceeds your salary, you can re-assess your position. This way, you will have security and a stable income as you learn and develop your new business.
The actual amount will depend on your needs and goals. Starting a home network marketing career is ridiculously cheap compared to any other form of a home office. If you wish, you can buy individual products of your choice. There are no registration or membership fees. You don’t have to buy a lot of equipment as all you need is a phone and workspace to get started; a computer is useful for online shopping. There may be additional costs: your business cards, the purchase of company brochures, training documents, DVDs, etc.
Network Marketing focuses primarily on products that are useful (consumables). Products that can be used include health, beauty, nutritional products, and more. This type of product is used by consumers or retailers with new orders for the product.
The actual amount will depend on your needs and goals. Starting a home network marketing career is ridiculously cheap compared to any other form of a home office.
If you wish, you can buy individual products of your choice. There are no registration or membership fees. You don’t have to buy a lot of equipment as all you need is a phone and workspace to get started; a computer is useful for online shopping.
There may be additional costs: your business cards, the purchase of company brochures, training documents, DVDs, etc.
In conclusion, it is important to know how to market using promotions and ads in network marketing.
When you know how to use advertising media to your advantage, you can build your network marketing business and grow your business.
Now that you know, you need to get down to business and create content that will promote your business and build your networks!
Learn about the Highest-Paid Network Marketers and network marketing pay.