In a recent speech on the direct selling sector, Consumer Affairs Minister Rohit Kumar Singh conveyed a clear message: the government will support the sector as long as it complies with the ethical practice.Singh emphasized that while the government recognizes the legitimacy of the economic model, any involvement in money circulation or Ponzi schemes will…
What is direct selling? Direct selling is a business model where products are sold directly to consumers by independent distributors, instead of going through traditional retail stores. People who sell these products are often called distributors or independent representatives. Industry Growth: The Indian direct selling industry grew by 12% in the financial year 2022-23 (FY23)…
A wave of misleading plans is inundating India, with over 400 unused multi-level-marketing (MLM) pyramid plans propelling in 2023 alone – the most elevated number in five a long time. This disturbing surge, detailed by Procedure India, a direct-selling consultancy, underscores the helplessness of low-income people to deceitful trade hones. These ruthless plans, like Mission…
The direct selling business in India had a great year, growing by more than 12% and reaching over Rs 21,000 crore in sales. This information comes from a report by the Indian Direct Selling Association and a research firm called Kantar. Over the past four years, the industry has been steadily growing at about 8.3%…
India has been shaken by a major financial embarrassment, with the Authorization Directorate (ED) charging Amway India of creating over Rs. 4,000 crore in continues of wrongdoing through an charged multi-level promoting (MLM) pyramid plot. This hazardous affirmation has started a furious wrangle about almost the lawfulness of Amway’s hones and cast a shadow on…
Modicare is a direct selling company offering a wide range of products including personal care, health care and home care. The company was founded in India in 1996 and has since expanded to more than 17 countries. Modicare products are sold through a network of independent distributors who receive commissions from their sales. How does…
How to join Modicare, you will need to follow these steps: Find a sponsor. The sponsor is a Modicare distributor who will help you get started in the industry. Your sponsor will provide you with training, support and help you develop your business plan. To find a sponsor, you can ask friends, family or acquaintances.You…