OneCoin Bursts with Force in the Direct Sales, NM and MLM Industry
Since 2007, the Business for Home Foundation has been presenting to the Direct Sales industry, Network Marketing and Multi Level Marketing, news related to the industry and the ranking of annual revenues of companies involved in the business and of its Top Earner Leaders.
This industry is made up of more than 10,000 companies, whose annual revenue range is between $ 15 million and $ 100 million. The average income of the 8,000 leaders who earn the most in this business is $ 20,000 per month; more than 500 of them obtain annual revenues that surpass the million dollars. Top Earners are leaders with incredible vision, empowering people to develop their potential and changing their lives through the business.
The website businessforhome.org receives 4 to 5 million visitors from around the world, most of them direct sales, NM and MLM professionals. This website receives 12 to 15 thousand visitors a day; amount that rises to 70 thousand when relevant news comes or there are voting in polls. The foundation distributes news related to the industry through a mailing list that has more than 10 thousand subscribers. Its Facebook page has more than 50,000 likes. The foundation also offers a free app for Android and iOS.
The purpose of the website is to show the world outside the industry, a business in which very high income can be achieved leading an honest life. 25% of visits are made in search of new opportunities. Active distributors use this page to introduce their prospects in this world and show them the high profitability of the business.
Top Earner Leaders' earnings are estimated based on research conducted by more than 70 reporters, information submitted at conventions, publications in trade magazines, and information confidentially provided by companies and distributors themselves. Revenues are variable, as they are associated with bonus packages. The Top Earners Ranking is updated every 30 minutes.
In just 19 months of operation, OneCoin has managed to break into the industry. Currently, 4 out of 5 and 20 of the Top 100 Top Earners Ranking positions are held by OneCoin leaders.
In the Ranking of Direct Selling Companies of 2015, Business for Home estimated the annual revenue of OneCoin in 750 million dollars, reason why they located the company in the position 34 of their ranking. Nevertheless, according to a promotional video of Mariana López de Waard, Diamond's leader of the organization, OneCoin billed 1500 million euros in its 1st year. At the end of 2015, the change was 1.0855 Euros per USD, so this income is equivalent to $ 1628 million. Considering this amount as the official income of the company, we can conclude that OneCoin managed to reach the 12th place of the Global Ranking of Direct Selling companies in its 1st year of operations.
Recently the foundation nominated more than 500 CEOs to the 2016 Industry Ranking, Dr. Ruja Ignatova, CEO of OneCoin ranked 7th in the survey.
Source: businessforhome.org
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