Direct selling in pandemics has a better future, it is the type of business industry that is seeing lots of new and returning customers.
The business landscape has been radically changing in the past several months due to this corona virus outbreak majority of people are seeing concerned
businesses that are closing, losing revenue and laying off workers. However, some small businesses have proven to be uniquely suited to the COVID-19 crisis and have seen an uptick in demand goodies.
Direct selling is the industry type which has seen new opportunities. COVID -19 has majorly affected the world, we observe that the major countries are affected more than the smaller ones.
The rate of unemployment has gone beyond every measure. It is going to take month and years to recover from this pandemic created recession.
We witness a downfall in the economies and trades due to this pandemic. All this while when the world is facing the recession MLM or direct selling is experiencing its golden period. We can notice newcomers and returns on a large scale.
When everybody is searching for a new source of earnings, finding new sources of earning is another challenging task.
Direct selling plays an important and unique role in the generation of employment and earnings.
Direct selling is the new way of earning without the investment of any huge capital in no times. It is a type of business that allows you to find new opportunities.
In the year 2008 -2009, when the world was going through a recession direct-selling took a hike at an unexpected rate. Multilevel marketing experienced a rise in joinings which was a record-breaking number in the last four-five years of its usual uprise.
It was the time when the whole world was facing unemployment and people were ready to work for peanuts to make their livelihood.
The Annual Income Database of direct selling in 2008-2009 was 1500 crores, in 2020it has crossed 25000 crores some renowned companies are doing business of 2000-3000 crores separately. Based on this annual income calculation, you can imagine 40% to 50%of the part is distributed in the shape of commissions to the direct-sellers that is 10000-20000 crores annually.
A lot of scopes for new companies at this time of year during pandemic caused the recession.
The right time and Right Business can be your key to success.
Corona times may be the black time for the economies worldwide, but for direct selling owners and distributors, it is going to be a golden period.