Network marketing is a way to earn extra income in one’s free time, without any prior knowledge or experience. Network marketing, also known as direct selling and multi-level marketing (MLM), is a pyramid-style marketing strategy in which a product is sold by a chain of individuals rather than in a physical store, and these individuals […]
Direct Selling in India: An Overview of the Industry and its Regulatory Framework
Direct selling is a business model in which products are sold directly to consumers, usually outside of a fixed retail location. This business model has gained popularity in India in recent years, with many companies choosing to adopt it as a way to reach out to customers and sell their products. The direct selling industry […]
Decriminalization of MLM: its Importance and Issues
June 8 was an important date for many entrepreneurs because that was the day when the Department of Financial Services issued the new notification with the comments from stakeholders about the decriminalization of several laws and provisions as a result of which many people became interested in it, especially the ones working in the legal […]
Top Direct Selling Companies
Let me ask you a question. How can you convert your Daily Expense into an investment? Yes! you heard it right, Expense into an investment. Well, let me help you. The answer is Network Marketing. Yes, by starting a Network Marketing business you can convert your daily expense into a passive stream of income. However, […]
All You need To Know About Vestige
Vestige: An Overview Company Name: Vestige Type: Private Industry: Multi Level Marketing Founded: 2004 Founders: Gautam Bali, Kanwar Bir Singh, Deepak Sood HQ : New Delhi, India Products: Healthcare and Wellness Products Website: https://www.myvestige.com/ What is Vestige?The purely Indian based MLM company, Vestige was founded in the year 2004. They are one top leading […]
8 Steps to Build an Effective Network Marketing Strategy
Whether you work alone as an entrepreneur or as a part of a startup or an eCommerce website representative, networking marketing is worth looking into. In short, network marketing represents a unique and personal method of sales and advertisement. According to statistics, network marketing has shown consistent growth across the US, with average income for […]
HOW FRAUDSTERS ARE ABUSING THE MLM INDUSTRY
There a big difference between multi-level marketing companies which promote products and which build a network through a pyramid scheme. In fact, the latter makes money only when people sign up to use the products for themselves. According to many industry experts, the overall success of everyone depends on the ways in which the individuals […]
John Oliver calls MLM industry a ‘pyramid scheme’
The Last Week Tonight with John Oliver on the HBO channel aired an episode on November 06,2016 demonstrating how direct selling or MLM companies use unethical practices to make money. John Oliver mocking the MLM industry said that they generally have two things in common- “first, you don’t see them on store shelves, you buy […]
The Status of Network Marketing/MLM/Direct Selling in India
Key Highlights The history of network marketing Global industry size Need of the hour for the direct selling industry to thrive and flourish in India What is Direct Selling and Network Marketing? Before we discuss or try to understand the current situation of Network Marketing /MLM or Direct Selling Industry in India, it is important […]
THE DIRECT SELLING ASSOCIATION ON PYRAMID SCHEMES: TRUTH AND TRUTHINESS
Dr Vander Nat and Dr Keep set the record straight & discuss how recent DSA report mainly appeals to truthiness, takes novel stand on key diagnostic for a pyramid scheme and runs contrary to recent case law This is a guest blog by Peter Vander Nat, Ph D, and William Keep, Ph D. Dr Vander […]