Sajin Rajan, Co-founder, and Director at Epixel solutions is an enthusiastic business professional with 10+ years of experience in software development.
CFO at Epixel MLM Software
3651 Lindell Rd., Suite D1050, Las Vegas, Nevada 89103
Sajin Rajan, Co-founder, and Director at Epixel solutions is an enthusiastic business professional with 10+ years of experience in software development.
CFO at Epixel MLM Software
3651 Lindell Rd., Suite D1050, Las Vegas, Nevada 89103
Sajin Rajan, Co-founder, and Director at Epixel solutions is an enthusiastic business professional with 10+ years of experience in software development.
CFO at Epixel MLM Software
3651 Lindell Rd., Suite D1050, Las Vegas, Nevada 89103
Direct selling companies are an old, yet surprisingly new industry. The ability to serve customers without the compromises of a traditional retail store is what sets direct sellers apart from their brick and mortar counterparts. However, it is not just that basic customer service that has been expanded with new technology. Today's entrepreneurs in this space have unprecedented opportunities to provide their customers with personalized services like never before all while avoiding many of the limitations inherent in other channels.
Direct selling news, launched a customer-centric recognition program that announced some direct selling companies as winners (https://www.epixelmlmsoftware.com/blog/dsn-ccr-companies ) for their customer-centric approach and also to prioritize sales experience. The rewarded companies were categorized into two. Platinum and gold category.
These companies were classified by analyzing the customer-distributor ratio of the direct selling companies. The gold categorized companies were those having a ratio of 5:1 and platinum categorized companies were having 10:1.
Direct selling (https://www.thebalancesmb.com/what-is-direct-selling-1794391 ) companies have been under the shades of suspicion for decades now. There are many who believe that these direct selling companies are just out to take people's money, promising riches in return. Many studies show that this is not the case at all. The majority of those who do participate in direct sales find it a rewarding experience that can change their lives in more ways than one.
The companies that achieved the gold status are MONAT GLOBAL, Neora, Perfectly Posh, and Total Life Changes. These companies have 5-10 customers to one distributor. The platinum category companies are ACN, Bhip Global, It Works, Stream/Kynect, Nu Skin (https://en.wikipedia.org/wiki/Nu_Skin_Enterprises ), Le-Vel, and Scentsy are those having 10 or more customers to one or more distributors.
3651 S Lindell Rd Suite D1050, Las Vegas, NV 89103, UNITED STATES
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Owning an IT company with 100+ employees was a dream. With strong determination and planning, the dream has become a reality with Epixel Solutions.
Our flagship product, Epixel MLM software, became More
18 out of the top 50 direct selling companies have surpassed $100 million year-on-year revenue in 2020.
However, outgrowing their competitors was not a cakewalk for them. Neither did it involve rocket science. It was just a matter of pure passion, resilience, and hard work.
In the COVID-19 pandemic era, there was a significant global market slowdown. This is when many direct selling organizations realized that they need to change their business approach if they want to stay in business. They found out that a customer-centric approach (https://www.epixelmlmsoftware.com/blog/customer-centricity-in-direct-selling ) will put them back in business and help them recover from the economic downturn.
The Direct Selling ( https://www.thebalancesmb.com/what-is-direct-selling-1794391 ) industry has been evolving since its inception. With the new approach towards business, we take a...
5.1 million people found entrepreneurship opportunities in the direct selling industry.
Among the 5.1 million, those who successfully stand apart, that too for years together, is a real accomplishment. Getting far ahead in the direct selling career needs hard work, determination, and commitment.
The direct selling industry is a fast-paced and dynamic field, where new companies pop up every day while others are going out of business or shutting down their operations altogether.
Let’s look at the top direct selling trends that you should be on the lookout for in 2021. These are some new trends that companies should keep an eye on this year to make sure they're staying ahead of the competition.