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Growing direct selling industry gets boost from pandemic

MALAYSIA’s direct selling industry, an inadvertent beneficiary of the Covid-19 pandemic, is expected to grow turnover at a solid pace over the next few years amid strong interest from consumers and distributors. “We’ve seen growth almost every year over the last decade,” Datuk Tan Chong Guan, president of the Direct Selling Association of Malaysia (DSAM), tells The Edge in an interview. Turnover has been growing at a double-digit pace since 2017, says Tan, citing figures from the Ministry of Domestic Trade and Consumer Affairs. In 2017, turnover grew 16.5% year on year to RM15.9 billion, a year later by 12.8% to RM17.93 billion, and in 2019 by a further 20.1% to RM21.54 billion.

South koreaElken sdn bhdAlexander nanta linggiM sdn bhdChong guanWorld federation of direct selling associationsMalaysian direct distribution associationMinistry of domesticZhulian corporation bhdAssociation of malaysiaConsumer affairsAmway malaysia holdings bhdHoldings bhdTan chong guanDirect selling associationDomestic trade

Woman reveals how she lost £800 in four months flogging health and wellness brand on social media

Charlotte Dickerson, from South East London, signed up as a consultant for Arbonne UK, last year and warned on This Morning that she struggled to sell the products and recruit new people.

United kingdomCharlotte dickersonAlice beerRuth langsfordSouth east londonArbonne united kingdomDirect selling associationDirect sellingஒன்றுபட்டது கிஂக்டம்சார்லோட் டிக்கர்சன்ஆலிஸ் பீர்ரூத் லாங்ஸ்போர்ட்தெற்கு கிழக்கு லண்டன்அர்போன் ஒன்றுபட்டது கிஂக்டம்நேரடி விற்பனை சங்கம்நேரடி விற்பனை

The heritage of direct selling is combatting unemployment and enabling entrepreneurs

The heritage of direct selling is combatting unemployment and enabling entrepreneurs
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South africaAssociation of south africaDirect selling associationநேரடி விற்பனை சங்கம்

Direct selling lobby group representing Amway, Herbalife and Avon calls for crackdown on Ponzi schemes

Getty Images The Direct Selling Association of South Africa (DSA), a lobby group that represents the interests of companies such as Amway, Herbalife and Avon, has called for harsher punishments for the masterminds behind Ponzi schemes, saying the investment scams are hurting the credibility of legitimate businesses. Ponzi schemes, which are illegal, are a type of investment scam in which early investors make money from the investments of later investors. The most significant way in which Ponzi schemes affect our industry is diminished credibility of legitimate direct selling businesses because more often than not, they tend to fashion themselves as direct selling businesses, said the DSA s chairperson, Rajesh Parshotam.

South africaRajesh parshotamAssociation of south africaDirect selling associationராஜேஷ் பார்ஷோட்டம்நேரடி விற்பனை சங்கம்

Earnings galore, US data, Italian politics, Oil softens, Gold trapped until Fed, Bitcoin drops

Following 1/26/2021 5:31:51 PM GMT Today is the calm before a tech earnings storm and an FOMC policy decision that attempts to avoid any communication mistakes. Investors don t expect the Fed to give any reason to think they are getting closer to talking about when they will consider scaling back QE, but nervousness is brewing on Wall Street. Some economists are thinking that a reduction in asset purchases could start as early as Q3. USstocks are struggling for direction following a wave of mixed earnings results and as investors put Biden’s $1.9 trillion stimulus plan on the backburner. Stimulus expectations have been pushed back at least a month and that is allowing traders to solely focus on earnings and the Fed. Some of today’s optimism came from Regeneron’s prevention study that showed one of their antibody cocktails could be used as a passive vaccine. The exploratory analysis of 400 individuals showed a reduction in overall i

South africaUnited statesAmerican expressAfrica direct selling association of southRoyal dutch shellAfrican unionLockheed martinWall streetPresident mattarellaLunar new yearGeneral barkindoPresident bidenTreasury secretary yellenDirect selling associationஒன்றுபட்டது மாநிலங்களில்அமெரிக்கன் எக்ஸ்பிரஸ்