Know Basic Aspects Of Legal Metrology Act

In order to ascertain the accuracy pertaining to weight and measurement while complying with the units of weight & measurement, Legal Metrology Act 2009 was ruled out by Indian Government. As a part of this act, Government is responsible for as regulate the transparency of pricing. Besides, the prime objective of this Act in order to replace of Standards of Weights and Measurements Act, 1976. Regulating trade and commerce in a better way was another purpose Legal Metrology Act served. If you have not been familiar with its mechanism, then, read on to explore the same.

To start with, the stakeholders under the Legal Metrology Act, 2009 have been clearly defined, wherein, these entities can experience merits of the amendment. Following are the stakeholders who need to know the Legal Metrology mechanism properly:

• Manufacturers: According to the Section 2(i) of the Act, connotation of "manufacturer" has been ruled out as entity pertaining to weight or measure, who—
• Produces weight or measure,
• Manufactures more than one parts and acquires weight or measure after assembling them. In addition, manufacturer is someone who claims weight or measure as the end product according to the situation,
• One who does not manufacture any sort of weight or measure but assembles parts manufactured by other entities and claims the product to be manufactured by himself
• Adds his own logo on any complete weight or measure manufactured by any other person and claims such product to be a weight or measure made by him

Packers – According to 2(g) of the Act, packer is a person / Firm, who or which packs any commodity in any jar, tin, box, wrapper or other packing in units determined for wholesale or retail.

Dealer – The Section 2(b) of the Legal Metrology Act associates the "dealer", with respect to any weight or measure, as someone who is related to the business of purchases, sale, supply or distribution of any weight or measure. It further implicates his role for seeking commission, remuneration, importer or deferred payment.

Importer – In this case, importer is a manufacturer, firm or legal entity which brings products from a foreign country into a customs territory.

Repairer – As stated in the Section 2(p) of the Act, "repairer'' is an individual who fixes a weight or measure and even includes a person who cleans, lubricates or works over any weight or measure to ensure that it complies with the accuracy as defined in the Legal metrology Act.

Apart from this, it should be known that legal standards of weight and measures are calibrated in laboratories situated in Ahmedabad, Bangalore, Bhubaneswar and Faridabad. These laboratories perform tests for model approval of weights and measures prior to their introduction in the market. According to Legal metrology Act, 2009, every entity or individual mentioned above that is manufacturer of the weight or measure should seek approval in advance. In a nutshell, model test approval is a basic procedure after which the manufacturer or importer can get a license to sell or distribute weight or measure of superior quality.

The Original source of Article: https://uberant.com/article/993281-know-basic-aspects-of-legal-metrology-act-/

Top Strategies to Become a Successful MLM Consultant

 Multi-level marketing (MLM) is one of the businesses that you can choose to become rich and famous without any special certification or qualification. Numerous MLM marketers are there in the market who not so qualified but skilled enough to earn thousands of dollars every year. The best thing about this industry is that anyone can start and become a successful MLM leader and make more and more money. The only thing you need is the best MLM company to join and MLM consultants for the right consultation to avoid unnecessary issues later.

Furthermore, we have listed some effective strategies every budding MLM entrepreneur should know. Have a look:

Begin conversions with your close friends and family

Start a conversation with your close friends and family members. If you are working with a well-established MLM venture like Herbalife or Amway, then you should tell about those products to your family and friends. Let them know where you are working and what you are promoting. If possible, then you should use those products to tell the exact pros and cons of using them. If you are happy with the products and the vision of the business, then you will be in a better state to convince others. Simply put, it is a good idea to start promoting your company and its offerings with your relatives and friends to get that initial motivation.

Meet new people in public places

Once you have numerous people by your side, it is the best time to expand your network with people you do not know. Go to different public places and tell people about your company and its products. You can start with your residential building, parking lots, shopping malls, colleges, schools, etc. You can also advertise in magazines and local newspapers or simply distribute handbills. Try to get as many members as possible in your network through these appearances. You can connect with a good MLM consultant to discuss this aspect.

Make the internet your best friend to promote your MLM products

In such a digital epoch, nothing is better than promoting your products online. You can start a blog where you can post news about your MLM venture and product-related details. A landing page can also be created where you can divert your readers. You can also post your contact details so that people can connect with you and get answers to their queries. Other strategies can also be implemented to promote your company and its products online.

Apart from these strategies, some personal attributes are also needed to become a successful MLM professional. And these are:

An effective speaker

First and foremost, you should be a good orator. You must have impressive communication skills to present yourself to ordinary people and in a dignified manner. If you can talk to people flawlessly, the chances are quite higher that you can transform common people into your network member.

Art of influence

Speaking to people is not sufficient as you will need to convince them. Therefore, it is important to SPEAK TO THEM instead of SPEAKING AT THEM. An individual would only be ready to become your venture’s member when they are fully convinced about your brand and its products.

The personal touch is necessary

If someone joins your venture, you should never forget their name. A good MLM professional should always remember the name of his members. This simple trick will leave a good impression on your members.

Expand and Sustain Your Network

Adding members is fine but expanding and sustaining your network is more important. For this, you will need to take certain responsibilities and evolve yourself. Some quick tips for this have been listed here:

Leading from the front

To get more and more members, you will need to lead from the front. To succeed as an MLM professional, you must possess leadership qualities. Without having these skills, you won’t be able to expand your network.

Clear and regular communication/interaction within the network

As an MLM professional, you will require managing several members. Additionally, you will have to take care of that ‘flow of thought’ among the members clearly and regularly. Besides, your members should have an easy mode to communicate with you without any hassle.

Ability to guide and teach your members

Whenever a new individual joins your team, you must have the skills and ability to guide and teach them properly. You will fail as an MLM professional if you are not able to teach them. Since no specific educational qualification or certification to get started in this industry, they will only learn everything from you.

Closing Remarks

Your success as an MLM professional greatly depends on how many people join your network and how many of them stay motivated all the time. It is said that a bigger network means more opportunities to succeed. So, get in touch with the best MLM consultants today to start your journey on a successful note.

The original source of the Article: https://www.launchora.com/story/top-strategies-to-become-a-successful-mlm-consulta

How to Build a Direct Selling Business?

 

Think about the reason why you got into direct selling or network marketing? The chances are higher that you will say that it is something you love. However, the traditional standards of this industry are not conducive to this feeling. Generally, network marketers or direct sellers got sales by pestering their customers’ networks to buy repeatedly. It is no wonder that rather than nurturing relationships with customers, you will end up turning your targeted customers off, and you know what – this damage lasts for a longer period. It can demolish even established businesses. Additionally, not only does this approach leave direct sellers feeling annoyed but makes it extremely hard to succeed.

So, what should you do when you want to love and build your business but traditional selling methods leaving you frustrated and cold? A good direct selling consultant will suggest you the following:

Relationships build direct selling businesses

Let us say it one more time – relationships build direct selling businesses, particularly ones that stand strong the test of time and achieve success. It is almost impossible to lead a business successfully if you do not have a foundation of a solid relationship with customers and distributors. And, it is a big challenge to get those loyal customers if you are turning them off with your pushy sales tactics. See! No one likes to ‘feel like a mark’. That is why it is more than important to cultivate the relationships you have with the people in the network – the prospects, customers, and distributors. The stronger you build the relationship with them, the solid the foundation of your direct selling business will become. Simply put, strong relations are necessary if you want to build a strong business in the future.   

Why ‘relationship marketing’ works well in direct selling?

Even professional direct selling consultants feel that it is the finest and most effective way to build a successful business in which you will also get opportunities to share things with others. In this marketing style, you will focus more on your customers to build a relationship, not just to make another sale. Just think – is it good when you get a sale instantaneously? Of course, it is! But it is more essential to build a solid relationship with them by helping. Instead of thinking – I have to sell, sell, sell all the time, you should also think – how can I serve my targeted customers better or how can I help them, or how can I help them achieve a goal?

After all, your business will become stronger and better when you serve them the best. Why? It is because your customers will understand and know that they are more than a lead or sale to you. They will appreciate how much you care for them and when they decide to buy or join your team, they will do it without giving a second thought. Most importantly, they will see that you are leading your direct selling business with your heart.

Attaining success in direct selling

Success – well, it is a lot of things. Sure, you can find a definition in the dictionary – but it means varies from one person to another. For instance, for some direct sellers, success means making sufficient money to take their loved ones on a nice vacation at least once a year. While for others, it is being in the top position in the region. So, you should determine what success means to you. See, it is a unique concept to you, your goals, and your values.

Money is not the only marker of your success

You should determine whether you want to make instant money or simply want to do what you love? If you want to make money, then you can get it by doing anything like a 9-to-5 job! But if it sounds boring to you, then you should not ONLY focus on money. See, direct selling is something that needs time and patience along with dedication and hard work. If you are ready to put all these elements into your business, then success will surely knock on your doors sooner or later. And when you are successful, the money will automatically come.

So, start your business by connecting with your potential network

This industry is all about relationship marketing. And relationship marketing starts by connecting with your network. However, it does not mean that you have to call them or mail them on an hourly basis. Getting in touch with them is just the very first step. Next, ask questions to your prospects, customers, and distributors on how you can help them. This simple trick will help you find different ways to make your services better.

What is Next?

Lastly, we can only say that sharpen your business and service skills to make your connections better with people. And when you have a strong relationship, success will come to you. Besides, you can connect with a professional and certified direct selling consultant for the right guidance and support.

Original source of article: https://www.diarystore.com/

6 Questions to Ask about the MLM Company

While some network or multi-level marketing opportunities are nothing but scams to fiddle your hard-earned money but the good news is that countless opportunities are there for you that have an amazing track record. But how will you discern a reliable option in such a vast market? Even though you can connect with one of the best MLM consultants in India for the right assistance and consultation, you can ask the following questions about the company you are planning to work with!

So let us get started!

1. Has the MLM company been around for at least 5 years?

If you want to get the desired outcomes from your efforts, then it is good to choose a company that has a proven track record and in the field for a minimum of 5 years of duration. Around 90% of all MLM companies typically fail with in their first 2 years. So you definitely do not want to invest your energy, time, and recourses, in something that may not even have a business the next month.

2. Is the network marketing company well-capitalized?

If the MLM company is solvent, then it means they have enough capital to maintain a solid infrastructure, grab the attention of talented management, pay commissions on-time, keep pace with the latest technology, and grow constantly. Publicly traded organizations are needed to disclose their financial condition in every 90 days in some countries like the USA. Unfortunately, privately owned MLM companies in India are not liable to provide any such detail to the public. So, it is good to collect details related to capitalization before moving ahead.

3. Does the company have products/services that are different and unique?

While associating with such a company, it is more than important to make sure that the goods and services are not readily available in the market and particularly at a discounted rate! The products/services should be unique as well as have high demand in the market.

4. Is there a genuine demand in the market for the products/services?

You might have heard several ‘horror stories’ about people ending up with a room full of water filters and other products! This happens because distributors are the only ones who will buy that product at a hefty price. You should always go for the products/services that have ‘real’ demand in the market and at fair prices. To put it simply, your products should provide your customers with incredible value so that they can feel like a winner. You must consult this aspect to your MLM consultancy also before making any decision.

5. Are the products trendy or fad?

You must understand that you cannot make residual income with the products having short-term appeal. Hence, think LONG-TERM! The products/services you are choosing should have appeal beyond today. For instance, the wellness and health category is likely to perform quite well. So, you can think about it.

6. Will you be able to generate immediate income?

You must be able to generate immediate income to support your expansion and marketing efforts. Investing an ocean of money into the business and getting only one glass return on investment is surely not a smart bet! So, check whether you can leverage the benefits from the cash flow or not!

Final Words

So, there are a few but necessary questions to ask to find the best MLM partner for earning a handsome amount. In case, you are confused or do not know where to start from, you can connect with a professional MLM consultant in India to seek help. They will help you understand the intricacies of this industry to gain maximum profits.

The Myths and Truth about Direct Selling Business

No ‘work-at-home’ scheme is demonized and misunderstood than network marketing and direct selling. At its best, direct selling and network marketing are seen as ‘unimportant’ mommy-business or something that Uncle Bob does only to find his good luck. And at its worst, it is perceived as scam artists and being ‘full of greedy snakes oil salesperson’. Simultaneously, others tout direct selling business as a viable method to jump-start a home-based part-time business.

If you are considering direct selling, then you need to examine some common myths and misconceptions about it. So, just have a close look at the following to understand this industry better:

1. Myth: Direct selling is an unethical pyramid scheme

Reality: In the pyramid test, the organization’s shape does not decide legality. If it did then most of the organizations and businesses including the government ones would be illegal. It is because they all have this pyramid structure. In general, an illegal pyramid scheme provides its members with no products/services and pays them as per the number of recruits.

But the legal structure, on the other hand, offers high-quality products and services to its members and distributors. Recruiting new distributors or members will allow them to increase their income based on the sales volume along with the team sales volume, not the total number of recruits. A legitimate direct selling business should adhere to regulations and laws along with publishing statistics of average income.

2. Myth: Only the people sitting at the top make money

Reality: Well! This particular argument describes a job more accurately. How often does an executive-level employee become the CEO in the same company? The bitter truth is that a huge number of quality and talented employees never get the financial rewards and growth their work deserves.

Hence, it is not true that only the people who start early get money. Many ‘ground-floor’ members earn nothing while many people who have just started a few years back make a fortune. The actual thing is that in a good direct selling firm, members can get any amount of money, irrespective of where they are standing in the company. Simply put, direct selling income is associated with your efforts, not position.

Moreover, when members of direct selling businesses start earning income and rewards based on their efforts, they do not change their current position until the company asks them to leave that place. That means, no matter when you start or where you stand in the company, you will always have equal chances to do well if you put honest efforts.

3. Myth: Gradually, every program will get saturated

Reality: Saturation is not possible because there are not a finite number of members. As you already know that every day people are born and turn 18 years old. In this manner, adding new and potential marketers in your pool of prospects will never bring saturation. Even in the book of Zig Ziglar, the writer has said that Network Marketing for dummies, offers the best argument against the saturation myth. He asks, “Do you know anyone who doesn’t have a refrigerator? No? That doesn’t stop GE from selling more of them.”

4. Myth: Direct selling does not work

Reality: As per the Direct Selling Association, the direct selling businesses are a part of nearly $35.4 billion in sales in the USA in 2018. Additionally, over 6.2 million people are into direct selling in the USA. These numbers are enough to show you that this industry can also work well if you put a lot of honest efforts into the business.

5. Myth: No one becomes rich in direct selling

Reality: It is a fact that not everyone gets success in direct selling. Around 2-10% direct sellers earn big but these are the ones who work continuously in their businesses. But getting rich must not essentially be how this industry is judged! Rather, it should be measured by the number of sellers who reach their objectives.

Final Words

Direct selling business indeed has its issues. However, most of them hinge around misleading and false information. You can only achieve success in your venture if you avoid this misleading information. For this, you will need to gain a solid understanding of this industry, select your direct selling company carefully, and commit effort and time to your business. You can also consult a professional direct selling consultant for the right guidance.

Source: https://vocal.media/

How to Find the Best MLM Company in India?

Presently, business opportunities at the global level are increasing with each passing day. And Multi-Level Marketing (MLM) or Network Marketing is in trend with countless business opportunities but these could vary from one organization to another. To leverage the benefits of this trend, you must join the best MLM organization with the help of an MLM consultant in India that offers a handsome income.

Previously, people used to join these companies through the referrals of their family members or friends. But, today, you can simply search online or connect with an MLM consultancy to seek guidance for choosing the right MLM agency. Since filtering the best options is not easy, we have come up with this post to help you a bit in this quest.

Just check out the following principles or key factors to join the right MLM company to get the desired outcomes:

Gain deep knowledge about the company
First and foremost thing that you need to consider is how long the MLM company is in this field. Check out the total years of experience. It is believed that if the experience is less than 2 years, the chances for success are lower and if it is 15 years or more, then the probability of success would be higher. So, it is extremely important to research online as well as offline to know more about the company and its background. It is also good to check the details of the company regularly. You can also connect with a professional MLM consultant for background checks and analysis of the company to see if there is any outstanding legal complaint against the company. To put it simply, deep research is a must to find the right MLM partner.

Check the strategies along with the products/services of the company
Every company follows certain strategies to meet its objectives. So, it is essential to analyze the marketing plans for the company to know whether they are more focused on building a team with referral marketing or want more product sales. If they emphasize more on products sale, then they might be following the ‘Ponzi’ or ‘Pyramid Selling’ scheme. It will let you know whether they are following a legal structure or not. Additionally, you should check about the products/services that have high demand. Apart from this, check how well the company manages the orders. It is always a smart idea to choose a company that is self-manufacturer or self-service.

Analyze the services offered by the company
It is more than important to deeply analyze the present services of the company to know whether they give any value to the ‘post-services’ of the company. If the company has many happy customers, then you must go with the company. Moreover, you must consider the quality and the price tag to know whether the cost does full justice to the product! You should also look for the affiliate program that the company offers to earn some additional amount.

Income offered by the company
It is one of the most crucial aspects to check whether the company offers decent pay to you! The thing you must check includes the package to start with, commission from referral program, etc. Simply put, the commission offered must be good enough to compensate with your initial investments along with extra income opportunities through referral programs. In case, you are puzzled or do not know how to check this aspect, you can contact an MLM consultant in India for that.

Final Words
Hopefully! Now you know the things that will help you find the best MLM or network marketing company to earn some money. In case, you got stuck anywhere, just connect with an expert MLM consultant as they will assist and guide you for making an informed decision.

Read more: https://www.diarystore.com

3 Mistakes to Avoid While Starting an MLM Business

Multi-Level Marketing or MLM business is one of the rapidly growing forms of business both in developed and developing nations with a huge potential for low-profile investors. It means your pockets need not be filled with money to begin your journey in this field. However, in this blind chase, some people forget that this type of business needs proper planning and perfect execution. As a result, they fail to sustain their business for long and collapse drastically. Even though you can connect with a professional MLM legal consultant in India to know everything about the field, this post will help you understand certain points i.e. mistakes that can stop you from realizing your dreams. 

So, let us get started! 

Starting the business with wrong or unreal expectations

Some people or people new to this industry consider it a magic wand. For them, it is the easiest yet fastest way to make money without putting a lot of effort and time into it. Let us clarify one thing – this is a common myth among people associated with this industry and a ‘blunder’ committed by many ‘budding’ minds. MLM business needs a lot of hard work, a well-planned business plan, follow-ups, patience, and a relaxed mind to take further and necessary actions.

Not taking relationship building seriously

If you truly want to establish a successful MLM business, then you must take relationship building as a crucial aspect of this industry. You cannot simply avoid and ignore people when thinking to build a strong network to sell your products/services in the market. Hence, you must invest a significant amount of time in the meeting, connecting, collaborating, and communicating with different people through online as well as offline platforms.

Not using the right MLM software

Not counting on the power and usefulness of technology can be a huge mistake if you want to succeed in this industry. MLM software is something you must implement as they come with eminent features to empower your business, you, and your network affiliates/consultants. Therefore, it is imperative to employ the best and latest MLM software to support your business and cater to its diversified needs in such a digital epoch. You can also consult with your MLM legal consultant in India regarding the same. 

Summary

So, these are the mistakes that can restrict your path towards success. Hence, it is suggested to consult with an expert before starting your MLM business. It is because doing so will help you avoid the common yet huge mistakes to ease the further path.

6 Common Mistakes You Can Easily Avoid by Hiring an Experienced MLM Consultancy

Multi-level marketing or MLM is a popular term but occupied by a lot of misconceptions. One such misconception among people about this business is the compensation plans in the country and the whole world over which we all may encounter as direct selling or MLM consultancy. For instance, MLM compensation plans that are deployed by the companies.

In this post, we will shed some light on the common mistakes that can be avoided by hiring the services of a professional MLM consultant or consultancy in India. So, let us get started!

Mistake 1: I am a part of a direct selling company and I know everything.
Reality: Mostly, new MLM business owners are unaware of the infrastructure and resources needed to support the direct selling business. It is because of the narrow view that they have about the field and sales activities. This is one of the reasons why a huge number of start-ups shut down in the first 2-3 years.

Mistake 2: The MLM business looks to be quite successful in a short span.
Reality: You cannot deny the fact that some businesses may get lucky! However, it is good to keep the investment period at least 3-5 years and a minimum of 6-9 years to gain popularity and a strong homegrown field. You must understand that a good company culture that can drive business and profit to higher levels takes time. Your MLM consultants in India will also tell you the same.

Mistake 3: With ‘old school’ compensation and success plans you can earn a handsome amount.
Reality: Well! You need to take the acid test to check what looks good on the paper! It is a fact you must modify your plans after a regular interval or as per the market trends to cater to the diversified and evolving needs of the customers. If you think that your old plans can help you succeed, then you are wrong.

Mistake 4: My business is like a ‘ground floor opportunity’ that is far better than other existing MLM companies.
Reality: This is a ‘Misnomer’. With this approach, you can only grab the attention of ‘grass is greener’ butterflies that jump from one company to another and rarely achieve anything better. Instead, you must focus on your experience, expertise, business opportunities, qualities of your products, and so forth to attain your goals.

Final Words
These mistakes have caused as well as are continuing to cause huge damage to the MLM industry by creating unnecessary confusion among people. So, you should consult with a good MLM consultancy before moving ahead to leverage the benefits.

Useful Tips to Make Your Multi-Level Marketing Better

Even after being so popular, many people are scared or run away from multi-level marketing or MLM because of all the misunderstandings and myths about this concept. It is said that the MLM business is not destined to fail. Irrespective of the home business, success can come to you from doing the work.

For many valid reasons, people do not see MLM as a business option. To succeed in marketing, you should connect with a professional MLM consultant in India and start treating your venture as a business. Additionally, here are a few useful tips for you to improve the chances of success of your MLM business:

1. Re-acquaint yourself with the Realities of MLM

To keep the MLM scams at bay and stay safe from the ‘pyramid schemes’, it is important for you to arm yourself with the right knowledge. Make the best use of the internet to learn more about the direct selling industry and research about the popular MLM companies. You can also connect with a reliable MLM consultancy for the right guidance and assistance.

2. Work with a Company Whose Products You Love

Too many people get trapped in the hype of potential huge income from MLM businesses that they forget to pay attention to what the company is asking them to put up for sale. You cannot sell something if it does not appeal to you or you do not have pride in what you are selling. So, do as much research as possible to find a company that has products you can get excited about. Additionally, thoroughly check the compensation plan of the company you are planning to work with.

3. Be Ethical and Genuine

One of the reasons that direct selling businesses get a bad reputation in the market is that some representatives use hype and deception to lure new partners. This makes people believe that MLM companies themselves promote this kind of behavior to get business but in reality, they don’t! Reliable and legitimate companies want you to be clever and honest in all your dealings with the potential recruits and customers. So, while promoting your products ensures that you are not ‘over-the-top’ or making any false or exaggerated promises.

4. Do Not Forcefully Involve Your Family Members and Friends

Even though there is nothing wrong with telling your loved ones about the business and its offering but if they are not interested, then let them go! Some MLM companies may ask you to prepare a list of at least 50 or 100 people you know. However, it is a wrong approach to establish an MLM business. You must focus on your targeted audience to find better and more business opportunities. That means involving your family members and friends is not a good idea.

Closing Remarks

So, these are a few ways to ensure the success of your MLM business. Besides, you can connect with a reliable MLM consultant in India to find the appropriate solutions to all your queries and succeed in such a competitive market.

Source: https://www.bulbapp.com/

Future of MLM Business in India

Multi-Level Marketing (MLM) is a type of method used by enterprises to market their services and products. The best thing about this system is that businesses or enterprises market their services and products directly to their targeted customers and there is no intermediary. This is done with the help of association and direct selling and the enterprises believe in sharing the profit directly to their customers. The distributors of these businesses and enterprises are typically non-salaried and they earn money by the commissions which they make by selling the goods and services.

Benefits Offered by the MLM Business

The main objective of the multilevel marketing business must recognize such people who need the products you are offering. You should keep direct selling guidelines and business ethics in your mind and there should not be any sort of harassment of relations and friends as this can have a huge impact on the relationships that are quite essential for you. Even though it is possible for some businesses to produce some good quality of leads but they can be extremely expensive. Generally, the conversion rates are low with the cold market due to which you will need to spend a good amount of money before you can get the benefits by creating an effective down line.

Future of MLM Businesses in India

The recent fluctuation in our economy is one of the reasons that now more and more people are going towards MLM businesses. As far as developing nations such as India is concerned, its people are now more open to the concept of MLM and direct selling guidelines. Therefore, they want to become a part of it. The current scenario of the MLM looks to be quite promising as well as brighter. 

When compared to other developing nations, in India, there is less acceptance of this marketing method. One of the main reasons is that there had been so many scams in the past in the name of network marketing. However, it is also true that there are so many leading companies that have run with the hard-earned money of many people.

Source: http://interarticles.com

How can you achieve financial independence with MLM?

 

There is a notable quote about financial stability that says, “Financial freedom is available to all those who learn about it and work for it.” The statement clearly explains the prominence of financial independence and the need to work towards accomplishing it. However, the modern-day requirements are proliferating and the youth marching in the earning age is ascertaining it perverse to meet the ends with the limited amount of money they earn.

The MLM techniques are hugely accepted by people to get extra income at the start and later, become a major factor for seeking financial independence. Before we move on towards explaining the numerous benefits and features of MLM, it will be more salutary to comprehend what it actually is and how it could be meritorious in making a person financially capable and self-dependent.

What is so unique about MLM?

MLM is short for Multi-Level Marketing and it is also known as pyramid selling or referral marketing. It is a marketing strategy that is aimed at the selling of products or services from the people who work for the company on a non-salaried basis but at a binary compensation commission system.

The work and the company expand with the ability of the representatives to make more sales or more people come to join the team. The ones aimed at earning uncounted revenue on a commission basis can bring financial achievements to themselves and become a major reason to make the company grow amazingly. The people get connected to the platform in a pyramid structure where the top representative gets the most commission and as the people under it and the sales they can make grow, his income also multiplies with the same speed.

How is it helpful in being financially independent?

There are two most popular sources of income among people, the first being the service sector and the other being starting a business. The people in the service sector have to start working at very low salaries sometimes and the jobs require a certain educational qualification.

The other problem relating to the service sector is that it gives little promotion and appraisals and that too after a long term of working hard. It also demands fixed working hours and there is no certainty of the jobs in private companies. When talking about the businesses, it generally involves capital investment and in the primary years, the businessman cannot think about out-earning the investments made on the company.

Here, the MLM Consultancy comes as the magic wand to open the door of financial security and independence for the people who are willing to earn rapidly with hard-work within their flexible timings. Being a part of the MLM strategy, a person can earn a massive amount of income if he is in touch with people who could be interested in purchasing the products of hiring the services he offers. The MLM heads do not hinder the selling techniques of a person and also offers amazing schemes, discounts and offers on the products/services they make. Unlike the service sector, the MLM does not necessarily start with a lower income, neither has it required any particular educational certificates and the working timings can be flexible according to the comfort of a person and it can be also done along with the jobs a person is already indulged in. It is better than having a business, as it has a minimal amount of risk associated and does not require a heavy amount of investment.

There are manifold other benefits of the MLM Consultants in India especially. Some of those are as follows:

1- Minimal start-up costs

2- Freedom of working time

3- Huge relief on tax

4- Side-income source

5- The risk is minimum in MLM correlated to the business

6- More stable source of income than private jobs

7- The work done by a person under you can benefit you directly.

With the information given above, it can be understood that Multi-level marketing is a fast and risk-free strategy to earn a lot of money. It works effectively by simply selling the services/ products to people and have more people working in a pyramid system. The one at the last point of the pyramid gets the likelihood to grow the income by either selling a vast number of products or joining more people under the team or both.

Source: https://writeapp.me

Direct Selling Guidelines in India by the Ministry of Consumer Affairs, Food & Public Distribution

If you are planning to set up a direct selling business, you need to comply with certain requirements. When you initiate the process, you will be given 90 days for compliance according to the conditions of the guidelines designed for the best direct selling guideline in India. With effects from September 16, 2016, the following are the salient provision of the model guidelines:

• It shall have an official workplace with identified jurisdiction in the state for its operation to enable the consumers and direct sellers to notify them.
• No key management or promoter should have been convicted of any sort of criminal offense in the last 5 years.
• The business should acquaint and provide every direct seller with a cooling-off time duration which entitles them to return any product or service purchased by the direct seller during this period.
• The company must inform and provide every direct seller with a full refund or buy-back guarantee on reasonable commercial terms which can easily be exercised within 30 days from the date of the distribution of the service or product to the direct seller.
• The company should provide complete and precise information to the existing as well as new direct sellers regarding the approachable and fair remuneration opportunity and related obligations and rights.
• The company should conduct the necessary orientation session for all of its members providing accurate and precise information on various aspects of the direct selling operations along with the remuneration system and expected remuneration for recently recruited direct sellers.
• To become the best direct selling company in India, it should be a registered legal entity under the laws of the country.

Final Words

So, these are the direct selling guidelines in India set by the government to streamline everything. Currently, there are some of the best and reliable direct selling and MLM companies in India like PiplByte operating smoothly. However, it is best to browse through their official website before you decide to join them.

Network Marketing Business Model

There are various kinds of business models that suit according to the needs and demands of the market. One such business model is network marketing. This business model totally depends on a network of distributors for the growth and development of a business. Network marketing utilizes three basic monetary strategies:

• Recruiting
• Building and management
• Lead generation

There are also three different types of network marketing:

• Single tier
• Two tier
• Multi-level

Let’s have a look at these three types in detail:

Single tier network marketing: This type of network marketing allows you to sign up for a company’s affiliate program. Thereby, you can sell that company’s services or products. You will not be needing the help of any other distributors. You will get payment direct from sales. Some affiliate programs pay you for driving traffic to the affiliate’s website. Pay-per-click and pay-per-lead affiliate programs are major examples of single-tier networking. Avon, one of the leading beauty products companies, also uses a single-tier network marketing business model.

Network marketing consultants enable you to focus on significant issues. They take care of other small issues objectively. They do not interfere in the political or personal prospects. These consultants are experts in analyzing the situation and providing efficient solutions.

Latest knowledge: Network marketing consultants always stay updated about the changes in the market. They are always aware of the changes in business regulations, operations, and technical issues. Whenever you hire network marketing consultants, they provide you with the latest solutions according to the current trend of the market. Their experience enables you to boost up your business.

Broad spectrum: Network marketing consultants always have a huge client base. They have a lot of ongoing projects at a particular time. They have an in-depth knowledge of the latest technologies. The talented and professional network marketing consultants have expertise in various software development tools and techniques. Hiring expert network marketing consultants enable you to acquire all the required services and information at one platform.

If you want to set up your business on the basis of the network marketing business model, then you must hire the best Network Marketing Consultants Company. They will take care of all the aspects of your network marketing business model and suggest you to adopt the efficient strategies and plans for accomplishing all your goals and targets.

Source: https://www.selfgrowth.com

Direct Selling Techniques That Can Make You an Achiever

The human needs and demands can never be put to an end and to satiate all these needs, the people need to reach the stage of financial independence. But, most of the 9-5 jobs are unable to meet the current needs of many people and just help for mere survival of a being. In such situations, the people try to stretch their reach and earn through other means such as Multi-level marketing.

Some of the techniques and methods to sell the products at a faster pace are briefly described as follows:

Understand and then, Satiate– There are sellers that only focus on selling the product, and thus end up being mediocre for a very long time. But, if you wish to get ahead of the others and make your selling record a tough number to compete, then you need to understand the needs of the customers and provide the solutions, accordingly. This will impress the competitors and they will look for other things that might be helpful to you, resulting in increasing your sales.

Do not lose hope– There are days when you won’t be able to satisfy your customers or make at any sales in the work, but, you need not lose hope and determination and instead work towards the loopholes that have been holding you back from reaching you till the highest potential that you deserve. If you will lose hope and stop working, you will create a hindrance between you and the goals and financial ability that you could have achieved with a little change in your approach and systematic working. 

Focus on the positive– The people who are new in the field as Multi-level marketing consultants, they seem to get nervous and thus, do not reach the valuable platform and their highest peak of ability. The main point of hindrance is that all they have is their lacking points and newness in the field. The change of approach is required to open the new gates to opportunities. The salesman needs to focus on the positivity of the work, the company he/she is working with and the long term benefits that comes with the work. This way, all the negative thoughts will be chased off and the person would be able to provide 100% efforts and derive the results out of it. 

These little tips are very helpful for the people involved in this kind of business and they could easily create an environment where success is not a distant goal. The MLM consulting is perfect for the people of great determination and high working capacity. Some major benefits of this work are that it offers an unlimited financial source and comfort of work hours where a person can work any time they wish to. In fact the more number of people involved in the business, the greater your earning capacity gets. So, it’s a business that requires no risk, but just dedication and hard work.

Source: https://writeupcafe.com

What Qualities to Look for in an MLM Consultant?

The Network community and marketing space are expanding its horizon day in and out with the help of intelligent strategies and resourceful MLM advice. However, the businesses that are not so closely connected with the Multi-Level Marketing and need to know more about the working and the process shall look for some optimal qualities in the consultants they are about to hire.

Their aim of consultation – A consultant can have diverse aims then yours. On one hand, you might be looking for a consultant who is interested in your growth and profits and on the other hand, the consultant might be more interested in seeking business opportunities and money from you. None of both the parties is wrong and must consider their own aims, but a midpoint needs to be found. The aim of consultation shall be reached from both parties and not just the one. The consultations must be authentic and benefit the consultant and the client.

Strong Track Record – A promising track record is the proof of work well done and it shows how much successful a consultant is and if his advice really worked or not. The MLM Consultants provide suggestions over different domains and all of those are very important for the sustainability and growth of the business. The track record of the consultant you are reaching must be checked thoroughly and the final decision of hiring or not hiring him must be made, accordingly. If you are not very impressed with the previous work done by the consultant, then find another instead of hiring one that cannot bring you fruitful results.

Dependable and result oriented – The end results matter the most after seeking a consultancy. If the adviser helps you in making some life-altering changes whose benefits you could reap now or in the future, there is no better helper than that. The work shall be result-oriented and the results must be ravishing from the business point of view. Only a professional and experienced MLM Consultant can assure dependability and might know all the pros and cons related to the step that is to be taken and drops the suggestions accordingly.

The MLM Consultancy in India is rapidly growing and attracting a lot of businessmen to work with it. The benefits of the same are huge and ensure that the growth is made with the right decisions. However, as a progressive and new business idea, it needs to be clear among the masses and the most professional and expert MLM consultants are working for the same, diligently. One can seek knowledge about the working and other services offered by coming in contact with one of the hugely appreciated MLM Consultants In India or abroad.

Source: https://www.bulbapp.com

Why is salesmanship an important trait for the MLM consultants?

The MLM consultants are bringing out some best changes in the businesses and their advice is providing direction to the multiple companies towards better growth and more profits. The changing dynamics of the workplace requires developed and working and ideologies. This requires businesses to associate it with diverse platforms and take advantage of the new opportunities knocking on the door.

However, there are some persistent skills that need to be in every MLM consultant for rapid business growth and success of the venture. Few of those can be named as follows:

• Reputability 
• Self-motivated 
• Problem-solving skills 
• And most important of all is the ability of good salesmanship.

The MLM Consultants are the able- Minded individuals that are asked to advise the people to join in the different levels of Multi-level marketing and create a network of direct sales. To persuade the people to join in such a working chain is not a simple task and involves the salesman skills and some great wheedling ability.

The salesman skills are cardinal and the following reasons justify why:

A great push for buying – The customers are often rigid not to buy something and not be a part of the MLM schemes offered to them. If the consultant doesn’t push the person about the benefits and multiple features provided along with the products or services, then there will be no or fewer sales. Pushing the people in a subtle and positive way is quality under salesmanship.

The succession of the goal rapidly – There are diverse goals set by the MLM companies and that need to reached in order to climb the ladder of success. The route of glory and profit can be shortened if the consultant owns a high level of salesman skills. He will be able to genuinely put the efforts in selling the items and meeting the goals in a jiffy, just because of his precious selling and persuasion skills.

More satisfied customers – Customer satisfaction is the thing that has been given the most prominence in every field where the buyers and sellers are involved. The consultants who have the ability to satiate the diverse needs of the customers with the products he sells or the information he provides, then he is known to have acquired ideal salesmanship and could bring great profits to the business in the future.

An MLM consultant should have knowledge about all the products and services offered by the company as it will help him to make the sales easier and provide the solutions to the required needs of the clients. If a consultant has great salesmanship quality and some of the other merits as well, then he could do wonders in the field and reach the pinnacle of success and financial independence in no time.

Source: https://blog.storymirror.c