Key Highlights: Herbalife to pay US$200 million in settlement of complaints of misrepresentation The company to restructure its compensation plan Distributor to be paid based on actual retail sales NEW YORK – The U.S. Federal Trade Commission cleared Herbalife, a direct sales nutrition company, of the allegation of being an illegal pyramid scheme. However, said […]
Safeguarding against online part time jobs scam
Key highlights: How to differentiate a legitimate and a scam online data entry jobs Steps to follow before starting a data entry job Today with the growing use of technology and internet, it has become very easy for many scam artists to scam innocent people online. If you have been lured into an easy money-making […]
Network Marketing/MLM market in New Delhi, India, to triple in next 9 years
Key Highlights: Guidelines on direct selling/networking marketing in final stage Network marketing to reach Rs.15-20 billion by 2025 Direct selling industry/network marketing directly in line with the Government’s ‘Make in India’ campaign. New Delhi, 5 July (Networkingeye): As per the reports from FICCI – KPMG on Tuesday, June 28, 2016, the market size of the […]
Are you part of a Legitimate Network Marketing / MLM Company or Pyramid Scheme?
Key Highlights: General notion about the network marketing /multi-level marketing/direct selling industry Understand how to differentiate legitimate and fraudulent network marketing company As the world is progressing in technology and automation, there are also other developments and business models that are coming up which promise to help individual build their own system for residual income. […]
Indian government to soon issue the guidelines for Direct Selling Industry
Key Highlights: Indian Government to regulate new guidelines barring entry fee to a direct selling/network marketing /MLM company All direct selling companies operating in India to comply with the new guideline within 90 days The guidelines to specify the cooling period for both the direct selling company and the agent NEW DELHI: Guidelines prepared by […]
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 […]
Inc. Magazine once again included Stemtech: 4 time in 6 years
Inc. Magazine has once again included Stemtech International. Inc. on its List of the Fastest-Growing Private Companies in America. Stemtech has now appeared on this prestigious List three years in a row and a fourth time in six years, a feat unmatched by any other company in the direct selling industry. Achieving this coveted accolade […]
MLM Growth potential at Rs 64,500 crore by 2025
Legalise direct selling business, should have govt assistance: Amitabh Kant Says industry has enormous growth potential. Direct selling should not be equated with fraudulent financial schemes and should gain government recognition and proper legislation, Department of Industrial Policy and Promotion (DIPP) Amitabh Kant said on Tuesday. Speaking at an event about direct selling – the […]
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 […]
Amway starts pick-up centre at vadodara, Gujarat
Amway starts pick-up centre at vadodara, Gujarat Gujarat is one of the top five markets for Amway company in India. Country’s leading direct selling FMCG company – Amway India – on Wednesday upgraded its existing office at Anand to an express pick-up centre. The new set-up is a first of its kind in the country […]