#IDSA #PHDCCI #DirectSelling #MLMNews The Indian Direct Selling Association (IDSA) on Thursday stated the direct selling industry is again moving forward this year as compared with an adverse growth in 2013-14. The IDSA in association with PHD Chamber of Commerce (PHDCCI) released the yearly survey record for 2013-14 on the direct selling sector, according to […]
IDSA seeks uniform central regulation for direct selling
#DirectSellingIndustry #IDSA #ChaviHemanth #MLMNews Today IDSA highlighted the demand for a Central Government-driven uniform structure to control the Rs. 7,500-crore market, which is now going through tough times as a result of different line of thinking in some states against the direct selling sector.
Consumer Protection Authority open to regulate e-commerce, direct selling
#DirectSelling #RamVilasPaswan #MoneyCirculationSchemes #Amway A Consumer Protection Authority after amending the Consumer Protection Act (1986) was suggested by some representatives at the first meeting of an inter-Ministerial group chaired by the Ministry of Consumer Affairs (MoCA) to iron out issues related to regulating the e-commerce and direct selling space.
Amway’s fortunes dip in India
#Amway #MLM #DirectSelling #WilliamPinckney Amid its run-ins with the police over direct-selling model, firm’s net profit falls 20% in FY14, revenue down 8% Amway, India’s largest direct-selling company, despite an annual drop of 20% in net profit and 8% in turnover in 2013-14, continues to be bigger than fast-moving consumer goods (FMCG) giants like Gillette […]
The 4 Essentials for Retaining and Motivating Your Direct Sales Force
#DirectSales #MLM It can be difficult to keep people loyal in direct sales since in this industry, people tend to always be looking for the “next big thing.” However there is a lot that can be done to keep a direct sales force not only loyal, but also motivated and consistently hungry to succeed. Following […]
NMart dupes Bhadrak investors of Rs 20 cr
#NMART #MLMScam #MLMNews #CBI Even as the CBI investigation into 44 chit fund companies in Odisha is on, a fresh case of NMart, another company duping gullible investors has come to light. While the operations of N Mart Marketing Company are spread over several districts, it is reported to have swindled over Rs 20 crore […]
Amway to make India regional hub
#DirectSelling #MLM #MLMNews #Amway #PCMC Direct selling major Amway plans to make India an export hub for its operations in Middle East and South Asian countries, even as its business growth here has slowed down due to lack of clarity for applicable regulations. The company also said there is an urgent need for detailed regulations […]
Ram Vilas Paswan favours regulator for direct selling industry
#DirectSelling #MLMLaw #MLMNews #MLM NEW DELHI: The consumer affairs ministry is keen to set up a regulator for the over Rs 7,000 crore direct marketing industry and on Thursday minister Ram Vilas Paswan added his stamp of approval to the idea. Following demand from the industry, the government has constituted an inter-ministerial group (IMG) to […]
Amway says E-commerce to contribute half of sales in future
#Amway #TamilNadu #Sales #DirectSelling #MLM NEW DELHI: Direct selling company Amway, which is aiming Rs 6,000 crore turnover by 2020, today said it expects its e-commerce platform to contribute half of its sales in the future.
New Zealand national, three associates arrested in fraud case
#MLMNews #NetworkMmarketingFraud #MohammedKhurram #KiranModi #HiteshModi The Central Crime Branch (CCB) sleuths busted a network marketing fraud with the arrest of four persons including a 52-year-old woman from New Zealand for allegedly duping people on the pretext of offering them memberships in a networking company. Based on a tip-off, a team of sleuths approached the company executives […]