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Retail sector in India is changing significantly as one can find a major change in the taste of Indian customer. Business men are looking for more profits and in this case, reaching directly to the customer is a great idea. Direct selling refers to selling goods and services to consumers at their doorstep, work station, and also through explanation and demonstration of the product by sellers. Direct sales are tremendously encouraged by the distributors. It is a sort of network where the sellers has to the motivate buyers, and once the product is sold, buyers get commission based on the worth of the product. Influence of Direct sales on Global economy The best part of direct selling business is that there is a resultant cash flow which enables an individual to earn apart from the traditional earning methods. Direct selling is increasing the spectrum of its business and thus we find a variety of products to be sold through it. Right from the cosmetics, you would get multiple high-low costs items for example spices, stationery, sanitary, napkins, garments, agricultural additives, aphrodisiacs, weight loss supplements, home care etc. Globally direct selling industry is blooming and is showing incredible result in its socio-economic impacts in terms of higher employment, skill development and women empowerment. Direct sales: Growth and Influence on Indian economy When it comes to India Direct selling is growing faster, as it is recorded with the double digit growth in last few decades. The growing Indian economy and the changing tastes of people have invited a lot Indian as well as foreign direct companies. Though this sector is relatively new in India, yet only in 16 years duration is has emerged out as an additional opportunity and earning source for over 4 million Indian people, providing the gross annual revenue of Rs. 5000 crores. Besides this, taxes to exchequer, direct selling industries is catering to the excess of Rs. 600 crores and it is expected that with next couple of years, it will reach to the figure of 10,843 crore. Direct sales: Women empowerment Direct selling industry is a great source of women empowerment. Within the last five year, the direct sellers are simply replicating themselves. Interestingly, because of this we have been rank among top 10 direct selling countries. In future, this opportunity is going to privilege both the rural areas as well as urban areas. Terms and conditions Direct selling companies are not as free as the domestic companies. In order to save nation from the fly by night operators and invite legitimate business runners, companies has go through the certain parameters such as: - Companies willing to be engaged in direct selling business have to the registration under companies Act.
- Direct selling companies are supposed to have required licenses and authorization
- Payment must be collaborated directly with product sales
- Under direct selling new recruits should have the potential to incrementing the existing sales
- Companies are liable to repurchase the unsold inventory.
- Customer must be given opportunity to return their products in special cases.
Conclusion Direct selling industry has huge prospects for the Indian economy and will also generate the new income prospects. Purvi Pritesh shah is a successful business women by doing work from home in Oriflame since last more than 10 years and now she is diamond director in Oriflame India. Now She offers you to earn money working from home. To get your chance join Oriflame india today.
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