To lead a financially secure future, rather than working for a general shift and a regularized pay scale, people are transitioning to become independent entrepreneurs. Real estate investments are the steadiest as the trend and requirement continues to escalate. Compared to other investments like gold or the stock market, real estate profits help people to…
Direct selling or Network marketing involves several aspects that contribute to effective product promotion. As it employs a customer-centric approach, companies should formulate strategies that revolve around their customers. Compared to traditional marketing where the motive was to sell the product, direct marketing emphasizes on what fulfils the customer. Product strategies, resource management, grievance handling…
Direct selling initiatives go back decades. Since the beginning, entrepreneurs and independent businesses have relied on direct selling for product promotion, market analysis and target audience forecasting. Though it started with door-to-door selling operations, network marketing has now transitioned to different online forms, which involves having a strong social presence. However, recent reports showcase that…
The millennial crowd aspire for independent business opportunities that offer lucrative compensation benefits. With the internet providing accessibility in terms of promoting individual products, direct selling organizations are focusing on the gig economy for a different perspective. Ever-changing business environments and innovative direct selling systems are impacting decisions by collaborating with millennials across different sectors.…
The COVID19 pandemic has forced businesses to shut operations due to lack of revenue. Direct selling, which employs a customer centric approach is a field-oriented experience. Distributors and individual direct sellers build relationships by meeting customers for a personalized experience. Acknowledging consumer feedback contributes to productive analysis and effective product delivery. With the lockdown in…
Traditional direct selling techniques have evolved into an online approach for a broader reach. Lead generation as a concept is important to identify a target audience and retain potential clients. Aspiring entrepreneurs, willing to start their own business need to devise strategies that help them generate prospective leads resulting in effective follow ups and client…
One must agree that with technological advancements, marketing as a concept has evolved. Direct selling or network marketing has followed the traditional way as opposed to the digitized form of marketing. With promotional methods like radio broadcasting, TV commercials, bulk advertisements, magazines and brochures, leading direct marketing companies have found it time consuming and tedious…
Direct/Indirect sale representatives are driven based on the incentives they receive. The direct selling industry motivates and encourages millennials to be their own boss by promoting products they can relate to. Working under someone or a 9-6 job shift can be tedious. Variable compensation plans can help sellers strive for more and multiply monetary increments.…