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 […]
Network Marketing Companies seek protection under Consumer Protection Act
Network Marketing and Direct Selling companies in India are facing a lot of problems while operating in the Country. The current provision of criminal proceedings in the case of discrepancies is hampering the growth of these companies in India. Hence these Direct selling companies have urged the Indian Government to extend protection under the Consumer […]
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 […]
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. […]
Three QNet representatives arrested in Mumbai
#Crime #QNetcase #MLM #SayanChatterjee #SameerNaik #AbhinavSharma #arrested On wednesday, three more representatives of QNet, mlm company allegedly involved in a Rs 425-crore fraud have been arrested from the mumbai city. The accused arrested are Sayan Chatterjee, Sameer Naik and Abhinav Sharma. “The accused were produced before a court which remanded them in police custody till […]
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.
Multi-Level Marketing and Traditional Marketing Systems
The status of multi-level marketing has its ups and downs. A quick exploration on Google offers both negative and positive articles towards this industry. There is surely no lack of opinions. However, this is no different with traditional business; the 5% group exists in MLM and outside MLM. What Does the Future Hold? It is […]
Fundamentals Of Active MLM-Network Marketing
Multi-level marketing is certainly a paced up procedure to make good income. It employs the use of a matrix system. The matrix systems can either be a 2-matrix, 3-matrix, 5-matrix, and 7-matrix. There is commission paid to all the participants in this network. The descriptions for such marketing and networking mediums are as follows: For […]
Different Ways to Influence People to Join MLM
In multi-level marketing, network marketing and any home based business there is constant need to attract like-minded people to join the team or group. It is necessary to get trained and learn how to find people who like MLM and get them to join the network. There are numerous ways to find people that are […]