Author: Ashish Kumar

  • Cybercrime on Rise Since Last Year

    Cybercrime on Rise Since Last Year

    It is quite bizarre to see the increase of cybercrime with such high margin. 168 percent of rise just in a year needs alarming and attention. From 63 in 2012 the number of cyber instances went up to 169 in the year 2013. The involvement of media took room when few days back “employee of the month” competition in which a Ferrari car was offered for the blueprint of the best online scam made headlines, as per Mumbai Police.

    In the first quarter of this year there are 54 cases already filled and by the end the cybercrime denomination will 200 mark. Half of the total case in India is recorded to be in Mumbai from 2010. Experts have also predicted that losing of more money will be faced, almost summing up the loss of last three years.

    84 cases have registered for obscene emails, SMS’s and MMS’s whereas 78 cases have been lodged for credit card fraud.

    Police considers card fraud is the most troublesome drift. It has been raised by 300 percent from 2012-2013. Obscene emails and other related crime have also jumped by 191 percent from 2012-2013.

    32 cases have been registered for hacking since 2010. The first quarter of this year has registered 8 cases which speaks for the next coming.

    Vicky Shah cybercrime lawyer said, nailing cyber criminals might be time taking but not difficult. “The process of tracking needs time due to several factors but the technology used for offence and crime is traceable.”

    JCP(crime), Sadanand Date said, “tracking and catching criminals of the cyber crime would need special police skills and special departments. The training for such crime is being propelled and with time, we will be ready to face the crime.”

    Online expert Vijay Mukhi said procuring justice is hard and the system has been unsuccessful regarding this matter. “ It is necessary to sentence criminals for a long time otherwise the cybercrime rate will not decrease. A special court is required to handle all cybercrime related cases. It is the high time for taking actions.”

  • New series of summer cosmetic products by Amway

    New series of summer cosmetic products by Amway

    Amway India introduced new collection of summer colour of cosmetics in the Bihar state. “The summer colour includes four shades of nail colour, six shades of lip colour and a range of lip-gloss.

    The products are consumed with the goodness of jojoba oil, vitamin-E and almond oil. The new lines of the natural, warm, exciting and fashionable tones of summer collection under Attitude brand name would appeal the young women.” Diptarag Bhattarcharjee, Vice President- East Region, spoke to reporters here.

    The cost of the new Attitude summer collection of lip colours is Rs 295 and it is available in six different varieties of Berry Rose, Gorgeous Wine, Peach Fantasy, Red Kids, Metallic Bronze and Truly Fuchsia. Whereas the four new Attitude nail colours Rave Peach, Bitten Berry, Hot Fuchsia and Mystic Silver are priced for Rs 199, said Bhattarcharjee attended with Area Manager, Bihar and Jharkhand.

    According to Sarbani Bhattacharya of Amway India, the beauty market pacing up in every big and small city and not just in metros. Bihar is one of the prime markets for the company as it adds about 17 percent of the sale of its products in India.

    Bhattarcharjee said, Rs 52 crore was the total revenue collection from Bihar in the 2013.

     

  • Reasons of an MLM venture facing adverse effect

    Reasons of an MLM venture facing adverse effect

    The cold, hard truth is almost half of the people in Multi-Level Marketing fail. Most of these people end up spending a lot more money than they earn in their lifetime in MLM in a very less time. The question aroused by such fact is how and what makes such losses in Multi-Level Marketing. (more…)

  • Advantages of Multi-Level Marketing

    Advantages of Multi-Level Marketing

    For a very long time, many people have been holding and grabbing MLM network marketing business prototype. The reason for that is providing satisfactory results to the investors. Investors have used the opportunity of expanding and globalizing their MLM business. MLM business model has created numerous millionaires based on the principle of leverage. Choosing a right team for the business prospect in MLM has always been effective.

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  • Hope Entrepreneurs Under Suspicion for Running Pyramid Scheme

    Hope Entrepreneurs Under Suspicion for Running Pyramid Scheme

    Well-known MLM leader Mehdi Rizvi has claimed that Hope Entrepreneurs Pvt Ltd have been running a hidden pyramid scheme. According to Rizvi the Hope group have been manipulating and luring people for profits in the name of multi-level marketing.

    Rizvi also mentioned in his information for his followers to not use this company’s plan as later it may result hazardous. The chief operators of the company according to Rizvi are Darshan Somaiya and Shahnawaz Sumrani. They claim for Hope group to be a multi national company but till now there has not been any trace of the group outside India.

    Rizvi stated there is more nuisances running inside the company that haven’t been discovered yet but soon it will be all visible.

    Below are some complaints registered against the Hope group which have been viewed.

    Hope Entrepreneurs are disguising pyramid schemes in the face of MLM. I have been through this company and it’s being functioned by Darshan Somaiya and Shahnawaz Sumrani. – Mehdi Rizvi

    “The operators have been declaring for this company to be an MNC whereas I couldn’t a single existence of the group apart from India. The products are absolutely not worth buying for Rs 5,959. The DVDs quality consists wrong pronunciation and are certainly irritating.”

    “After trying to get in touch with the company I only found no good reasons and to visit the office which is far away. There was no response when asked for the information. “

    “My personal experience was really bad with this company and I would request from investors to not get involve in this group’s plan. I have necessary proofs for helping in the investigation.

    Company is totally fake and irresponsible as the spelling of the company is different on their smart card. I expect to return the product and receive my money.”

    (Sources: personal experience)

     

     

     

     

  • Things to Know Before Investing In MLM

    Things to Know Before Investing In MLM

    The first and key investment in any kind of multi-level marketing is of Time. Putting the right amount of effort at the right time is what fetches rewards for the business. Using time for building the network marketing business and focusing on communicating with others will generate quality growth in the business.

    Second investment in MLM business is an investment of resources. Like any other kind of business, investment of capital in MLM is also required. The main factor of MLM is that one can accomplish so much with investing so much less.

    The third key investment is by investing in an appropriate MLM team. The team members should be able to understand and relate the marketing techniques of business procedures. Team members should be able to see, hear, taste and feel the aims that are before them. For that proper training is must. Teaching and helping them with the basics of promotion, product and presentation is necessary.

    Multi-Level Marketers should focus and invest in themselves to develop and acquire skills, time management, goal setting and acquiring self-confidence.

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  • Business model of Multi-Level Marketing

    Business model of Multi-Level Marketing

    Multi-Level Marketing is an influential business model for marketing products and services. Multi-Level Marketing is a structure in which the business model has a fairly literal meaning where every marketer or distributor is at a level. There are marketers above and below. If a person as a marketer introduces someone in the company will be at the lower level than the person who has introduced him. The sales generated by the marketer will provide a commission to the marketers who are a level above of that marketer. So the profit depends on the sales team’s productivity and effort for every single person.

    Many industries have started using the business model of the multi-level marketing business model. Maximum MLM opportunities offer great products. As a promoter one’s work is to recruit more promoters so that more products can be distributed in the market. The idea is to increase customer activity by developing a vast sales force or a large number of promoters.

    This marketing structure relies profoundly on word of mouth. It is a great model if you follow the principles here and get hooked way to get to the market. One doesn’t have to wait for someone to die or perform out of the box to achieve a promotion or a hike. Every payout is based on results. The possibility for growth is same and equal for everybody. It is just the matter of the will. It doesn’t matter where one has started but what matters is production.

    Some of the few basic business structure is mentioned below.

    •  Small investment.
    •  No boss system. Work is same for every person.
    •  Generally any previous experience in relevant field is not required. A good firm provides constant training.
    •  One can choose either full time or part time.
    •  There will be business and marketing plan in place that distributors can follow.
  • Concepts and Principles of Multi-Level marketing

    Concepts and Principles of Multi-Level marketing

    Multi level marketing is a business type that provides a platform to any person who might be interested in earning extra income without losing personal comfort.

    Lawful multi-level marketing companies require a small start up expenditure. Once a full-fledged multi level marketing company is established one can rely on the repeat sales and repeat commissions. (more…)

  • Strategies for Leading in Multi-Level Marketing

    Strategies for Leading in Multi-Level Marketing

    There is no doubt for Multi- Level Marketing being full of risks and uncertainties. The reason for that is not engaging with the proper marketing structure and not following the adequate strategies. Generating leads and constant productivity in an MLM needs focus on this business exposure. The ups and downs in MLM and Network Marketing can be eliminated easily when the required strategies are processed.

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  • Amway Measures 16 percent Hike in Odisha

    Amway Measures 16 percent Hike in Odisha

    Amway Group, India has presented a 16 percent of hike in the Odisha state during the financial year 2013.

    The well-known international network-marketing group pronounced this news at a press conference in Odisha. According to the vice president of the east zone Mr. Diptarag Bhattacharjee, Odisha has appeared as one of the prominent state among the chief 10 states of India regarding development and business prospects.

    There was also an announcement for the launch of a new line of summer colors under the brand Attitude in Odisha and in the eastern province. Bhattacharjee mentioned, “The latest launch of ‘Attitude Summer colors’ delivers a larger choice of colourful cosmetics for every user. The motive for the new launch aims on youth section and to grab a strong holds on the beauty section of Amway.”

    The conference also had the presence of other known Amway dignitaries like, Bishnu Prashad Mohapatra (Amway India Area Manager, Odisha), Sarbani Bhattacharya (Manager, Corporate Communication, East).

    In the year 2013, the Amway India group recorded a remarkable turnover of Rs 2,169 crore. The hike measured was of 20 percent compound annual growth rate in a five-year duration between 2008-2013.

    Amway India is targeting to cross the Rs 5000 crore position of profit in the next five years.

    Amway Corporation is the leading direct selling FMCG Company with worldwide revenue of approximately $ 12 billion.