The Direct Selling industry is valued on a global scale at 186.1 billion in U.S. dollars. That’s according to the World Federation of Direct Selling Associations. (WFDSA). The United States accounts for 36% of that sum, Europe 21% and the Asia Pacific realm 42%. Small percentages are beginning to emerge in African nations as well.
Direct Selling as a mode of financial gain and self-employment has also recently gained considerable ground in India. Part of the reason for the rapid growth of this form of commerce between buyers and sellers is the operation of a company called QNET.
This firm was established in 1998 and is currently headquartered in Hong Kong. It now operates in some 30 nations using a model that is a combination of e-commerce, Direct Selling and Multi-Level Marketing. QNET is not a scam, even though it incorporates an element of MLM in its overall business strategy.
For many new sellers of QNET products in India, working with QNET has offered a way for thousands of people to improve their financial standing in their communities while also uplifting and bolstering the overall Indian economy. The WFDSA reports that Direct Selling as it is practiced today originated in India during the 1980s.
Statistics show that direct selling accounted for $3.25 billion in goods exchanged in 2021. That includes a robust CAGR (Compound Annual Growth rate) of 15.7%. The leading category of products in India are health & wellness goods which account for 65% of sales. Personal care items make up 21% of sales.
Direct Selling continues to gain popularity on the world stage because it simply is a more efficient way of marketing. It helps shoppers buy the items they want and need while also making it easy for the people selling the products to make extra cash or a full-time living. Refer to this article, to read some amazing reviews about them.
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