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 is a popular industry in which the distribution of products/services is done through a network of distributors. So it is a true fact that distributors are the important person in the direct selling business. Distributors can find a lot of success in this business, but they need to understand what it takes to earn an income as a distributor and also how they are going to succeed at making others successful too. As a distributor, one should always be on the lookout for potential leaders. The leadership skills of distributors can be beneficial to any network because it ensures that products are being sold and customers are satisfied. So it is essential to uplift the distributor engagement(https://www.epixelmlmsoftware.com/use-cases/distributor-engagement ) in the direct selling business.
It is a popular belief that every individual has different abilities and needs. What works for one person may not work for another, and vice versa. This mindset has led to the personalization
( https://en.wikipedia.org/wiki/Personalization ) trend in business today, where companies tailor their products or services to meet each other's specific needs. As a business owner, you have an opportunity to shape the skills of your distributors and transform them into successful businessmen. However, this is only possible if you first understand what they are good at. Once you know their strengths and weaknesses, it’s time to provide personalized training programs that will help them improve in those areas in which they lack talent or skill. An effective way to get your team on board is by providing them with a well-designed structure training program. Distributors should be evaluated on a regular basis, with assessments designed to match their personal goals and development needs. Assessments should also be tailored to specific tasks; breaking up large tasks into smaller milestones can help avoid overburdening. Recognize your distributors. Make sure they know you appreciate their hard work. Motivate them by showing them the results of their efforts and giving rewards for great performance. Display your distributor's performance, track their progress, reward their achievements with badges and gifts. By following these methods, you can take your direct selling( https://www.thebalancesmb.com/what-is-direct-selling-1794391 ) business to new heights.
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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.
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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.
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.
Network marketing is a successful business model that is built upon independent distributors and together with their effort, your business can reach the next levels. Many network marketing companies today are so focused on their products and services that they forget about the most important thing in their business: people. Without motivated, happy distributors, a company cannot succeed. Building a team in network marketing is difficult. There are so many different personalities and people that need to be managed. This...
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...
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...