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.
No comments:
Post a Comment