Mlm Software Company

Mlm Software Company Success Stories [2024]

•

Updated: September 21st, 2024

Considering a software venture but want something with a structured, recurring sales model? Starting an MLM software company might be your next great move.

In simple terms, MLM software facilitates multi-level marketing businesses by managing sales, commissions, and downline tracking in an organized system. You’ll be creating integral technology for companies that rely on multi-tier sales strategies.

Building MLM software requires a sound understanding of both network marketing and software development. Your aim is to design a seamless platform that supports marketing efforts, ensures compliance, and provides detailed analytics.

This business is appealing because it allows you to tap into a niche market with continuous demand for efficient solutions. Imagine creating a product that not only solves a major pain point but also assures steady revenue through subscription models. With the right technical skills and market insight, launching an MLM software company could be a lucrative venture.

In this list, you'll find real-world mlm software company success stories and very profitable examples of starting a mlm software company that makes money.

1. Apps:Lab ($72K/year)

a team member as a dedicated product manager to handle their project and ensure successful delivery. Our current revenue stands at $3,500 per month, with 85% generated from software development services and the remaining 15% from our flagship on-demand food delivery app, LetaFood. Despite the challenges in the current market, we are focused on expanding our in-house projects and product development to drive future growth and change the narrative of technology adoption in Kenya and Africa.

How much money it makes: $72K/year
How much did it cost to start: $1.2M
How many people on the team: 5

How I Started A $3.7K/Month Software Company In Kenya

Apps: Lab KE is a software development company generating $3,500 per month, specializing in problem-solving using technology and data for businesses and communities.

Read this case study

Read by 10,164 founders