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India, as an emerging economy, is now poised for an accelerated growth in the Network Marketing segment. Network Marketing in India is a blend of the old and the new where the bullock-cart and modern automobile move forward side by side. The traditional systems of Product based Programmes find their own niche along with Modern Internet based Online / e-Commerce Programmes.
World over Network Marketing has become a successful concept that empowers ordinary people to turn into successful entrepreneurs. Basically, this concept is about distributing products directly from the manufacturers to the end consumers, thereby doing away with the traditional channel of distributors, wholesalers and retailers. Thus, the consumers get the entire benefit of direct selling. As per the latest figures, Network Marketing is today a more than US $ 100 billion industry, having presence in 125 countries.
However, in India, the Network Marketing is still at a nascent stage. But, it is expanding at a phenomenal growth rate. The concept, which took roots around 10 years back, India, due to its population and largest independent consumer market in the world, is the most attractive proposition for Network Marketing, provided that it is customized to suit Indian culture as well as requirement.
To grab a bigger pie of this lucrative market reputed MNC companies have entered the Indian market since 1998. It is believed that more than 50 lakh consumers are involved in the industry locally, and the number is getting multiplied at the rate of 5000 people a day. Industry observers, who are highly optimistic about the growth of this industry, estimate the size of the industry to cross US $ 1,000-billion mark by the year 2010.
India, as an emerging economy, is now poised for an accelerated growth in the Network Marketing segment. Network Marketing in India is a blend of the old and the new where the bullock-cart and modern automobile move forward side by side. The traditional systems of Product based Programmes find their own niche along with Modern Internet based Online / e-Commerce Programmes
"You (direct sales) strengthen our country and economy, by offering opportunity to others. I've followed your industry's growth for years now. Your industry gives people a chance, after all, to make the most of their lives and, to me that is the heart of the American dream" Bill Clinton.
India me gundaraj he to darctseling me badit bnta he jese RCM ke shth ho rha he
shankarlalmali 2 months ago