MLM Business and Bangladesh

Multilevel Marketing (MLM) is a recent activities and trend added to the business of Bangladesh. It is a concept used by many countries around the world with USA, Canada, Singapore, Malaysia, Taiwan, and India almost 55 years. And it entered the Bangladesh in 1998 through GGN (Global Guardian Network). MLM not only operates as direct marketing channel but also it is being practiced by Multi-Level Marketing, Network Marketing, Direct Selling etc. On that line of selling so many companies operates in Bangladesh and out of them “The Destiny-2000 Limited” has the exponential growth in MLM practice. Now it the only Company which changing their customers lifestyle and country’s economy.

History of MLM

History of MLM

Nobody does not know when started the World famous MLM business. Some are saying it started before the 2nd world war. And the first MLM Company was “Newtrilight”. It started its products marketing through MLM system in 1940 – 41 and the founder was a chemist Dr. Carl Rehn Bourgh of California.

In 1949 there are two young named Rich DeVos and Jay Van Andel join to the Newtrilight as distributor and they created a new trend for MLM after 10 years. At US parliament MLM win by 10 votes to started its business with franchise as parallel in 1958. After that MLM got the renewed system in marketing and sprayed its business all over the world.

In 1959 Rich DeVos and Jay Van Andel founded a new MLM company named Amway Corporation. After some years they bought the Company Newtrilight and merged it with Amway Corporation.

Now a day, more than 135 countries and more than 12000 company operation their business for selling products and services in MLM system.

Bangladesh started business through MLM system in 1999. Now a day there are 20 to 25 companies are operating their business through MLM system. Destiny-2000 Limited one the greatest and biggest company which operation its business through MLM system.

MLM in Bangladesh

Domain Name Registration | Web Hosting | Online Advertisement | Web Development

Web Desiging | Software Development | Online Application | Bulk SMS Service

Meaning of Multi-Level Marketing (MLM):

Multi-Level Marketing (MLM) is a business opportunity that goes by many names like - Network marketing, direct selling, person-to person marketing, matrix marketing, or one to one marketing. Network marketing often called Multi Level Marketing is perhaps one of the least understood methods of moving products or services into the market place.

It is a system whereby the company producing or arranging the product or service and rewards the people who make or ads word of mouth referrals. The people who operate as components in the chain are referred to by any of the following names - Members, Independent Salespeople, Network Marketers, Advisors, Agents, and Distributors. Destiny-2000 Limited calling it’s as “Distributor”.