The economic slowdown of India plays a crucial role that more and more entrepreneurs are thinking out of the box to opt for a wide-spaced and profitable business platform-“Network Marketing or MLM” business. People in India are concerned about making money conveniently and simply, and the same is the major highlight of the network marketing … Read More →
Direct selling can be a challenging profession, but also one of the most rewarding, if you get it right. Requiring hard work and dedication, it is no get-rich-quick scheme, but for those who succeed, the rewards can be great and the sense of satisfaction gained from running your own business is hard to surpass. So, … Read More →
CAUTIONARY TO DIRECT SELLERS. If direct sellers are in involved in Ponzi Schemes can be prosecuted under various depository protection laws in India. As the Government of India has issued Guidelines for Direct Seller Entities in the year 2016 banning of Pyramid Schemes and Money Circulations which harms the depositor’s interest and indirectly the public … Read More →
Network marketing or Multi-Level Marketing has caught on the fancy of people across the globe and as on date, there are thousands who have made their millions through being a part of Network marketing. With the changing scenario of business, the organization has quickly and effectively synergized with the dynamics of modern business. Their orientation, … Read More →
MANGALURU: The Direct Selling trade in India has nearly doubled since 2011 to achieve Rs 12,620 crore in 2016 and is anticipated to grow at a compounded annual enlargement fee (CAGR) of about 4. eight% to achieve Rs 15,930 crore in 2021, finds the study undertaken by ASSOCHAM. The average gross sales of each participant … Read More →
Direct selling companies such as Amway, Tupperware, Oriflame, QNet, Herbalife Nutrition, and others employ approximately 50 lakh people in India. This figure is expected to touch 1.8 crores by 2025, according to a joint study by industry body Federation of Indian Chambers of Commerce and Industry (Ficci) and consulting company KPMG. Simply put, direct … Read More →
THIRUVANANTHAPURAM: Stern action will be taken against direct selling and multi-level marketing firms indulging in cheating and corruption, Civil Supplies and Consumer Affairs Minister P Thilothaman said on Wednesday. The minister was speaking after releasing the guidelines for direct selling and multi-level marketing firms. The guidelines are aimed at protecting the rights of … Read More →
The world without consumer is unrealistic. A consumer is not only a salient backer to the industrialists but also the very backbone of the financial structure of society. There are two different channels by which products and services are distributed to consumers. One is the traditional and the most practised channel which includes “Manufacturer – … Read More →