Earlier this week, the Direct Selling Self-Regulatory Council (DS-SRC) opened its doors for business. Its objective is to provide independent, impartial, and comprehensive monitoring of direct selling companies on an industry-wide basis, address income misrepresentations (including unsubstantiated lifestyle claims) and false product claims by companies and salesforce members and enhance the reputation of direct selling. … Read More →
Direct selling, also known as Multi-Level Marketing (MLM), Network marketing, or Referral marketing, has become an extremely popular sales model across India in the last few decades. India is a major hub for most of the direct selling companies in the world and is going to be one of the biggest markets in the world as … 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 →
A top official on Monday stressed upon the need for the companies in the Direct Selling business to set-up a more robust and sound consumer grievance redressal mechanism to gain consumer confidence. Speaking at the ‘5th Edition of DIRECT 2018’ organized by FICCI, Anil Bahuguna, Joint Secretary, Department of Consumer Affairs, Ministry of Consumer Affairs, … 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 →
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 →
One of the greatest strengths of the network marketing profession is also one of its greatest weaknesses. We are referencing what is known as “ease of entry” – many people perceive it is easier to launch a network marketing company because it has the potential of spreading nationwide quicker than any other industry. While that … Read More →