The year 2020 has been disastrous for businesses around the world, but not quite so for the direct selling industry. Home confinements and social distancing drove the demand for direct selling of products and essential goods. Network marketing flourished in a year that caused a global economic slowdown. And, this has encouraged millions of entrepreneurs […]
There are many businesses in the world that largely depend on the successful implementation of software systems. Banking, airlines, forex trading, stock exchanges like NIFTY and BSE, all are completely dependent on the software systems. One minor malfunction or glitch can wreak havoc and the entire system comes to a standstill. Similarly, MLM business is […]
2020 has been a devastating year for everyone around the world. Irrespective of whether it is an advanced nation or a developing one, every country has seen a harrowing time with innumerable deaths because of COVID-19. In addition to the countless deaths, there have been widespread job losses and salary cuts. The world economy has […]
Every new direct selling business faces numerous challenges after entering the network marketing world. To become successful, different direct sales strategies need to be tested and applied. The biggest challenge for direct sellers is generating revenue consistently. There are different ways to find and attract customers, however, retaining them is a different ballgame. For higher […]
As retail businesses suffer due to the lockdowns caused by the novel coronavirus (COVID-19) outbreak, the multi-level marketing (MLM) industry is booming significantly. Product manufacturers are partnering with direct sellers as their last resort to generate revenues during the ongoing pandemic. However, this has also created severe competition in the MLM marketplace. In 2020-21, new […]
If done with a genuine intention, the network marketing business is no different from any legitimate business on earth! It is one of the fascinating companies as it has a human touch involved. People help each other to grow, which is beautiful! But the problem is that far too many people have entered this business […]
In 2020, the novel coronavirus (COVID-19) pandemic is reshaping and redefining every industry and market around the world. Retail businesses, the hospitality sector, and the tourism industry – all have suffered a major blow. IT organizations have changed their working formats to meet social distancing rules. The remote work trend has reconfigured our traditional workplace. […]
As it is commonly referred to, direct selling, or MLM, is a system where the goods or services are sold through a network of independent distributors rather than the conventional brick and mortar stores. direct selling is also commonly known as Network Marketing or Multi-level marketing. The success of an MLM company largely depends on its […]
Choosing the right software for a business is one of the most tedious tasks for top management. This task becomes even more difficult for direct selling businesses as there is so much that depends on the software. The software is the backbone for any MLM business as it handles most of the back-end and critical […]
The business of network marketing or multi-level marketing (MLM) has been quite profitable for entrepreneurs and product manufacturers. Some of the world’s leading brands such as Amway and AVON have made huge profits from its MLM activities. In 2020, the global multi-level marketing industry is likely to be valued at nearly $200 billion. Due to […]
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