Sector Snap: Direct-Selling Companies
Houston Chronicle:
"Lane said since direct selling companies don't require as much infrastructure to enter a new market, they should be able to grow rapidly in under-developed emerging markets like China, Russia, Eastern Europe, India and Indonesia.
China, in particular, he said, represents an opportunity for such companies to grow, despite regulations against multi-level marketing. Some companies, including personal care product maker Nu Skin Enterprises Inc. and vitamin company Herbalife Ltd. have been granted licenses to do business there.
'We have heard estimates that direct selling companies doing business in China would make it an approximately $5 billion market, which would make China the sixth-largest direct selling market in the world,' he said."
posted by David Stone at
12/08/2007
1 Comments:
yes it is true that direct selling companies do not require a huge infrastructure in INDIA , but a direct selling company can end up losing tons of investment if it does not hire a professional consultancy firm like we did .
We thank www.strategyindia.com in assisting us to set up our direct selling business at a fraction of cost what was projected by some people suggested by indian direct selling association including some chartered accountants and consultants .
i suggest every other company to check out the waypoints before spending capital based on inexperienced individuals.
yours in sucess ,
cris peterson
utah
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