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Is Direct Selling Going To Be The Future Business Model?

With the advent of the direct selling software and technological awareness among the millennial generation is driving the MLM sector with an unforeseen pace and will further drive the industry in the future.

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Is Direct Selling Going To Be The Future Business Model?

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  1. Is Direct Selling Going To Be The Future Business Model?

  2. Direct selling businesses are thriving globally and with a CAGR of 20%, the industry is poised to reach $650 billion valuation by the end of 2025. The direct selling method of sales has been around since times immemorial. When there were no retail shops, people used to meet each other face to face and carried out their transactions. • With the advent of the direct selling softwareand technological awareness among the millennial generation is driving the MLM sector with an unforeseen pace and will further drive the industry in the future.

  3. Is Direct-Selling the Future Business Model? • The direct selling industry has benefitted a lot from this culmination with technology and further develops on the already successful business model. Direct selling is all about sustaining inclusive growth that can be beneficial for driving the growth of a nation. In the process, this sector not only creates millionaires but also provides fair opportunities for every-one involved. • MLM ventures have argued in the past that in the current form of the law, the government cannot effectively establish whether an MLM venture is genuine. However, governments around the world are paying heed to this and delivering appropriate legal amendments to support the growth of the industry.

  4. Below are a few common problems experienced by MLM venture owners. 1-   Lead management   2-  Cost calculation 3- Employee compensation management. 4- Operational cost management. 5- Tracking customer feedback, etc.

  5. Conclusion • Direct selling is one of the most trustworthy and oldest forms of business that has thrived immensely over the years and will continue to grow in the future. Source : https://volochain.livejournal.com/1136.html

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