How is the MLM Network Marketing Industry?

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How is the MLM Network Marketing Industry?
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(No Transcript)
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• Direct sales is a marketing model in which an
  organization uses relationships between person
  and person to market goods. The method usually
  entails an individual trader acquiring the
  products from the parent company and then
  distributing them to others, hiring them often
  for self-selling. 
• Direct dealers will specialize in anything from
  health supplements to beauty products to home
  products. It is problematic because the direct
  sale markets are charged with creating many big
  firms, and are an inefficient business model
  under which sellers collect cash in recruitment
  from other sellers, which then would hire their
  own sellers to make a profit, thus building a
  pyramid-like business framework.
• Global direct sales in retail have grown since
  2015, from around US184 billion in 2018 to about
  US192 billion. A 33 percent share of revenue in
  the business are direct sales firms that
  specialize in health goods and are thus the main
  product segment for direct sales.

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Growth of MLM in India

• India achieved the fastest growth year-on-year
  and CAGR over 3 years, the association said in a
  statement in 20 leading direct sales markets
  worldwide. The best MLM software developed by a
  credible MLM software provider has facilitated
  most of the MLM growth in India.
• India has the highest YoY growth rate of 12.1
  percent and one of the highest CAGR of 16.3
  percent over the period of last three years,
  amidst the top 20 direct selling markets across
  the world," said the chairman of the IDSA, Rini
  Sanyal. The best MLM software built by a reliable
  MLM software provider can provide you with all
  the features that supplement business growth.
• In 2015, the Indian direct sales industry posted
  a Compounded Annual Growth Rate (CAGR) of about
  16 percent, and increased from Rs 8,308 in
  2015-16 to Rs 13,080 in 2018-19, according to the
  latest IDSA survey and Kantar data analysis
  company.

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Growth of MLM in the US

• For the 6th consecutive year, Network Marketing
  in the US has risen by projected retail revenues
  of 36 billion US Dollars in 2015. This is almost
  5 more than in 2014, with a new record high
  which outperforms both the rise in overall US
  retail sales (1.6) and the US GDP (3.5) in
  2015. 
• In 2015, 18 million workers were employed in the
  United States, a rise of 11 relative to the last
  year. The business model is inclusive of all
  generations and largely reflects America's
  diverse society, while Netsmarketing tends to
  primarily target women. The best MLM software
  developed by a credible MLM software provider has
  facilitated most of the MLM growth in the USA.
• In 2015, worldwide retail revenue hit 183 bn, up
  7.7 percent from 2014. Network ads in 2015
  account for 103 million people worldwide, up 4.4
  from 2014. The global increase in
  entrepreneurship is an essential factor
  responsible for this growth, both for sales and
  for stakeholders.

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VOLOCHAIN MLM SOFTWARE

• Due to solid macroeconomic conditions, a growing
  movement towards entrepreneurship, and the
  prospect of responding to customer preferences as
  well as technical innovations, network marketing
  continued to increase. For the next three years,
  the DSA predicts that the business sector will
  continue to expand in the US by 3 to 5 percent a
  year. Just remember that the best MLM software
  developed by a credible MLM software provider is
  essential for driving the growth of the direct
  selling industry.
• Source
  https//volochain.livejournal.com/2786.html