To regulate the sale of goods and services outside of retail establishments otherwise known as "Direct Selling (Multi Level Marketing)" and to provide for protection of consumers who purchase goods and services from direct sellers, following guidelines are issued with the approval of the Competent Authority. These guidelines will come into force from the date of publication in official Gazette and will remain in force till an appropriate legislation is enacted for the said purpose.
Oct 21, 2021This proves that the Direct Selling Industry is flourishing and illustrates its potential with the continued rate of growth -- increasing at an impressive rate of 12.1% Y-o-Y. Initiatives like 'Vocal for Local' and 'Aatmanirbhar Bharat' encouraged Indians to explore the option of buying and selling locally made products via the direct selling route, which entails low investments and high returns. This not only boosted local manufacturing but also established a sense of ownership as well as determination amongst budding entrepreneurs to succeed.
Oct 21, 2021Brush Up on the Realities of MLMs To stay safe from pyramid schemes and MLM scams, arm yourself with knowledge. Learn about the direct sales industry as a whole, research MLM companies carefully, and determine if you're a good match with your sponsor. The truth is, while you can get rich in MLM, statistics show that less than one out of 100 MLM representatives actually achieve MLM success or make any money.1 However, that's not necessarily the MLM business' fault. Most athletes never make it to the Olympics, but that's not sport's or the Olympics' fault. Any great feat requires knowledge and action.
Oct 21, 2021There are six key elements you should be looking for [when selecting an opportunity]. Number one: stability. How old is the company? Number two is excellent products or services that consumers will use and need more of. Number five is momentum and timing. Look at where the company's at, what's going on with the company, and if it's growing.
Sep 29, 2022