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Monday, June 8, 2009

Direct Selling News: What's the Latest?

Do you want to know what's the most recent news about Direct Selling?
Well, Rain or Shine, sales are everywhere as long as there is a demand and supply in our market.

Direct Selling International Statistics updated on 22nd May 2009


Direct selling is a dynamic, vibrant, rapidly expanding network of distribution for the marketing of products and services directly to consumers.

Here is the report on each country's performance.

Country Listing
Year

Retail Sales
(in USD$)

Number of
Sales People
Argentina***
2007

992 million

765,000
Australia***
2008

844 million

420,000
Belgium
2007

87 million

14,231
Brazil***
2008

10.1 billion

2,0280,093
Canada
2008

1.18 billion

608,778
Chile***
2007

435 million

240,000
Colombia***
2007

1.2 billion

771,360
Croatia***
2007

55 million

54,332
Czech Republic***
2007

326 million

218,143
Dominican Republic
2006

51 million

73,250
Denmark***
2007

149 million

80,000
Ecuador***
2007

280 million

250,000
Estonia***
2007

36 million

31,000
Finland***
2007

251 million

96,000
France
2007

2.393 billion

223,000
Germany*
2007

8.865 billion

778,000
Guatemala
2006

85.9 million

39,664
Hong Kong
2008

191 million

115,500
Hungary
2007

203 million

240,155
India***
2006

691 million

1,400,000
Indonesia***
2007

669 million

5,779,226
Ireland***
2007

60 million

17,000
Italy***
2008

3.368 billion

365,000
Japan***
2006

20.39 billion

2,700,000
Korea***
2007

9 billion

3,187,933
Latvia***
2007

35 million

30,000
Lithuania***
2006

49 million

26,000
Malaysia***
2006

2.06 billion

4,000,000
Mexico***
2007

3.986 billion

1,900,000
Netherlands
2005

148 million

46,576
New Zealand***
2008

136 million

140,000
Norway
2007

160 million

60,000
Panama
2006

31 million

12,500
Philippines
2006

378 million

1,906,172
Poland***
2007

854 million

670,000
Portugal
2007

89.151 million

35,391
Romania***
2007

300 million

210,000
Russia
2008

2.866 billion

4,413,918
Singapore***
2007

325 million

575,000
Slovenia***
2007

52 million

41,500
South Africa
2007

708 million

934,000
Spain***
2007

747 million

144,000
Sweden***
2007

400 million

100,000
Switzerland
2003

355 million

6,885
Taiwan***
2007

1.7 billion

4,530,000
Thailand***
2006

1.363 billion

4,100,000
Turkey***
2007

864 million

649,000
Ukraine
2007

449 million

708,347
United Kingdom***
2007

3.564 billion

419,500
United States***
2007

30.8 billion

15,000,000
Uruguay
2007

42 million

43,000
Venezuela***
2006

887 million

980,000
Other**


534 million

179,946
Total


115 billion

65,390,863

Source: WFDSA 2009

Monday, June 1, 2009

Internet, Computer and Information Technology and MLM

Best and heartiest greetings to you and loved ones at home or abroad,

We are Alexander and Dennis, providing some needed advice about network marketing, which is commonly known as multi-level (or in short MLM) marketing.

Have you noticed our world is changing? Lifestyles have improved thanks to technology. Technology is now advancing at such a pace that it is difficult to keep up with it. Even today, countless network marketers are stuck in the old fashioned model of operating by telephone, letter, and newspaper advertising. While these tried and trusted methods still have their part to play, there is no doubt that the people who embrace new technology are able to achieve so much more, in a far shorter time. One of the important steps you can take, if you are serious about succeeding in network marketing, is to promise yourself that you will take every step possible to learn how to market through the new technologies of the Internet. The potential is there to not only reach greater number of people in a shorter period of time, but to do it with far less expense than could be achieved through the conventional media.

It is wise to to reflect and begin to study Internet marketing technology. Rain or shine, the Internet will continue to expand at an incredibly fast pace, and the methods which can be used to take advantage of this are becoming ever more exciting. Never before have there been so many ways of getting your information out to people in the cheapest and most effective way.

MLM Compensation Plans

Each mlm company has its own MLM compensation plan. Basically these are the following compensation (payplan). The companies may try to enhanced their own marketing plans, however, each plan is derived from any of the below:-

1. Stairstep Breakaway Compensation Plan- This type of plan is characterized as having representatives who are responsible for both personal and group sales volumes. Sales volume is created by recruiting and by retailing (selling) product. Once predefined personal and/or group volumes are achieved, a representative moves up a commission level. This continues until the representative's sales volume reaches the top commission level and "breaks away" from their upline. From that point onwards, the new group is no longer considered part of his upline's group and the multi-level compensation aspect ceases finally led to the said group to "Breakaway". The original upline usually continues to be compensated through over-ride commissions and other incentives integrated in the payplan so that any previous effort is worthwhile. This "breakaway" group is sometimes referred to a qualifying leg (network organization) before you can be paid for other legs built.

2. Unilevel Compensation Plan- This type of plan is often considered the simplest of compensation plans or the most tradional plan of all plans. Infact, accordance to each country's regulation, there are companies using unilevel payplan to pay its sales associates. There is for instance insurance and real estate agencies using this method to reward their sales people and these companies may not fall into the network marketing jurisdictions/laws. Anyway, Uni-Level plan pays commissions primarily based on the number of levels a recipient is from the original representative who is purchasing the product. Commissions are not based on title or rank achieved. By qualifying with a minimum sales requirement, representatives can earn unlimited commissions on a limited number of levels of downline recruited representatives.

3. Matrix Compensation Plan-
This plan is quite popular in the early stages of network marketing whereby it is similar to a Uni-Level plan, except there is a also limited number of representatives who can be placed on the first level. Recruits beyond the maximum number of first level positions allowed are automatically placed in other downline (lower level) positions. Matrixes often have a maximum width and depth. When all positions in a representative's downline matrix are filled (maximum width and maximum depth is reached for all participants in a matrix), a new matrix may be started. Like Uni-Level plans, representatives in a matrix earn limted (capped) or unlimited commissions on limited levels of volume with minimal sales quotas.

4. Binary Compensation Plan- This is one of the favourites among many multilevel marketing compensation plans which allows distributors to have only two front-line distributors. If a distributor sponsors more than two distributors, the excess (extra recruits) are placed at levels below the sponsoring distributor's front-line. This interesting "spillover" effect is one of the most attractive features to new distributors since they need only sponsor two distributors to participate in the compensation plan. The common limitation is that each distributor must "balance" their two downline legs to receive commissions. Balance is accordance to the payplan design such as 2/3 vs 1/3 or equal balance. This means balancing legs typically requires that the number of sales from one downline leg constitute no more than a specified percentage of the distributor's total sales. Whatever the amount of payplan, the plan can be designed to pay more to the frontline or to the upline or both.

5. Hybrid Compensation Plan- This compensation plan is constructed using elements of more than one type of compensation plans which means hybrid combines several features mentioned above in one.

Whatever the calculation in any marketing (pay/compensation/income plan) REMEMBER there is ALWAYS a product cost, profit margin and miscellanous expenses. That means however, whatever smart design there is, any design should not and can not OVER-PAY its distributors. This has HAPEPENED in the industry whereby such companies will go bankrupt and closed down. This happened when the company bosses could have employed overly ambitious mathematician, unqualified, inexperienced programmers or the software design has bugs or flaws or lacking of security features.

How to Be Successful in Network Marketing

Whatever you called it, defined it, explained it, your success in MLM (multi-level marketing) or Network Marketing rests heavily on one very curcial, important factor that is DUPLICATION. We may take 1 day to realize this point, or perhaps for some people (for one reason or another) would take 1 week, 1 month, 1 year or even 10 years to awake to the hard FACTS, true REALITY that DUPLICATION method is the key to your success or failure in your business.

Duplication HAPPENS when you DO SOMETHING SUCCESSFULLY and then TRANSFER that KNOWLEDGE and SUCCESS down the line (in your network organization). That means tne more steps, the more complicated success system would be naturally LESS DUPLICABLE it will be for your down line!

You / your downline leaders hold the KEY (from a technical view point) which will create the effective techniques will be passed down the line to levels two and three and so on. When wrongly DONE, it will DEFINITELY ROB you of your precious time that you could spend building relationships and retailing your product.

The SIMPLER and EASIER the SYSTEM where you can show people where they can find the answers the more DUPLICABLE it will naturally be! Lets not argue for 1 hour or 10 hours about this scientific fact.
This is the amazing truth.
This is the real principle about seeing/bringing in the results and ultimately success in MLM / Network Marketing.