Network Marketing in Finland
Business organization, Business development

Network Marketing in Finland

Multilevel marketing is a proven business model used worldwide. Finland, like other European countries, is no exception. In some companies, MLM methods are partially incorporated into the business, while in others, they form the basis of business processes. In this article, you will learn some nuances of promoting partnership projects among Finns.

FEATURES OF THE FINNISH MENTALITY

Adapting to the conditions of the cool north, Finns as a nation have developed an "iron will," endurance, perseverance, and hard work. They do not give up on a task without completing it, regardless of any difficulties and circumstances - agree, this is an excellent quality for a potential networker. They are very responsible and reliable people who understand that success in life can only be achieved through hard work.

However, Finns cannot be called workaholics - this nation knows how to relax and enjoy every moment of life, recognizing the importance of a healthy balance between work and leisure for the effectiveness of their work.

Unlike Spaniards, Finns are generally not as sociable and do not feel comfortable doing business with their relatives or close friends.

Considering the peculiarities of the country's mentality and the stability of the economic situation, it is relatively more challenging for local distributors to recruit people into their teams. However, by creating a unique and quality product, it is entirely possible to scale the business - for example, local MLM companies enter into partnership agreements with founders of retail stores, supermarkets, discount stores, etc.

ECONOMIC STATISTICS OF FINLAND

Finland - a large, economically developed country of the European Union, associated with political stability, well-thought-out infrastructure, high degree of interaction between enterprises, scientific-technological centers, and universities. In addition, they quickly adopt new technologies, the population has a high level of education, and the business climate is very favorable for business development and scaling.



Objectively speaking, network marketing suffers from a negative reputation in Finland - as everywhere, this has been influenced by scammers who try to make their schemes as similar to legal ones as possible.

LEGITIMACY OF NETWORK COMPANIES IN FINLAND

The conditions for legalizing Finnish network projects correlate with laws related to network marketing across the entire European Union. Additionally, in Finland, there is the Direct Selling Association (ASML), which is a member of the World Federation of Direct Selling Associations (WFDSA) - they assist in navigating the MLM ecosystem of the country.

Furthermore, in Finland, pyramid schemes are prohibited. All network companies must operate openly and transparently, provide information about their market positions, sales volumes, and payouts, provide a license and guarantee for their product - otherwise, they risk violating the law on direct marketing practices.

We have also written an article on how to distinguish an MLM company from a pyramid Network Marketing vs Pyramids

TOP 5 FINNISH MLM COMPANIES

As in most of the EU, consumers in Finland are well acquainted with network marketing and its principles. We have compiled a list of the top 5 MLM companies in the country:

1. Valentus

Project website - valentus.com

Specialization - skincare and supplements

Valentus implements coffee, various organic and energy supplements, and their main goal is to improve the health of their clients, help them lose weight, achieve financial well-being, and live the "best version of their life."

2. Vorwerk

Project website - vorwerk.com

Specialization - household appliances

Vorwerk, originally established as a carpet sales company, is a business veteran - founded in 1883, it has a history of over 130 years. Today, they offer a wide range of products including household goods, tools, cosmetics, and, considering their origin, floor coverings. By combining product diversity and a partnership program, their brand has achieved global recognition and success.

3. doTerra

Project website - doterra.com

Specialization - essential oils

doTerra is the world leader in sales of essential oils. They showcase the therapeutic properties of their products to the world and have thus opened their "blue ocean" - creating a unique niche that has shielded them from aggressive market space and set them apart favorably from other oil producers.

What is the "Blue Ocean Strategy" and how to apply it in network marketing, read in the article How to identify and develop your own niche in the market.

4. Usana

Project website - usana.com

Specialization - skincare and supplements

Usana wants to help people live without pain and distributes various bio supplements to improve health. The combination of network marketing and support from healthcare experts has led the company to international success.

5. Partylite
 

Project website - partylite.com

Specialization - home goods

PartyLite company sells home goods and party decor. They cater to a large audience due to the variety of their products - different styles, categories, etc.

To reach the Finnish consumer, it is not enough to enter the market with a quality and unique product - it is necessary to meticulously plan the promotion strategy, taking into account the nuances of their information perception and habits (for example, preferred methods of communication with brands). Finnish companies are an example of restraint and competence in marketing and partner attraction style, which sets them apart from competitors worldwide.

If you are interested in comparing the business sphere of Finland with other countries, we recommend checking out:

- Features of network marketing in Ukraine;

- Features of network marketing in Poland;

- Features of network marketing in Romania;

- Features of network marketing in Japan;

- Features of network marketing in Belgium;

- Features of network marketing in Austria;

- Features of network marketing in Spain;

- Features of network marketing in Kazakhstan;

- Features of network marketing in America;

- Features of network marketing in China;

- Features of network marketing in South Korea;

- Features of network marketing in Bulgaria;

- Features of network marketing in Turkey;

- Features of network marketing in UAE;

- Features of network marketing in India.

Published29 April 20229 minutes
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