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.
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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
The direct selling business world is a thriving industry. Customer acquisition and retention are the key to success in an increasingly competitive market. It is vital for companies to understand their customers, identify customer needs, and use that knowledge to build trust with customers through personalization. With the rise in online shopping and increasing competition, it has become more difficult to retain customers. As a result, direct selling companies have been investing in strategies (https://www.epixelmlmsoftware.com/use-cases/customer-acquisition ) that can keep...
Knowing your group is the mainstay of developing your business. In products, content or approach, each group has diverse attitudes. Knowing the right approach will take your business to new dimensions.
Look at the diverse age groups in #directselling and the statistics they deliver is pretty exciting!!!
The counter cyclical nature of the direct selling industry helped it to battle the negatives of the pandemic. Thus evolving into a positive 2021, direct selling companies are looking forward to centralizing their focus on the consumer. Consumer attitude in direct selling (https://www.epixelmlmsoftware.com/blog/dsa-study-on-consumer-attitude ) played a pivotal role throughout 2020. And when the bell rang for 2021, the direct selling companies understood the weight of the situation and what the whole of the industry and its consumer force is focussed...
How confident are you with your current compensation plan?
How is it going to drive your MLM business after 10 years?
What will happen to your business with an increase in distributor growth?
Suppose you want to reach out to a broader customer base and create a better brand association in the direct selling market. In that case, you need to train your sales force regarding following guidelines while promoting your company's products and services. As per the Direct Selling Self-Regulatory Council (DSSRC), companies must not make conflicting claims while advertising their products and services ( https://www.epixelmlmsoftware.com/blog/dssrc-guidance-on-earnings-claims ).
Similarly, when it comes to training their sales force for direct sales, business managers cannot...