Mary Kay
Mary Kay Ash established this $1 billion, privately held multilevel marketing business in Texas in 1963. Mary Kay is not only one of the biggest MLM firms in the country but also the sixth-largest network marketing firm worldwide, according to a prior ranking.
Mary Kay offers cosmetics through independent salespeople, or beauty consultants, in dozens of nations throughout the world using multilevel marketing business tactics. As part of the MLM model, beauty consultants can make money by selling items directly to customers in their neighborhood or by getting paid a commission on the wholesale sales of new recruits.
Mary Kay's pink Cadillac commercials are undoubtedly its most recognizable trademark. The business offers free automobiles to its top sellers as an incentive to its almost 3 million beauty consultants, provided that they meet certain requirements. Even though there are now many different cars up for grabs, the pink Cadillac is still the top prize.
Founded: September 13, 1963
Headquarter: Addison, Texas, U.S.
Website: www.marykay.com