In MLM Business, the service sector is the new big product idea, it was earlier said that product is the king but,
in this new epoch, the concept is completely changed, which companies are taking services in the market.
They have done business faster than established old companies and have exceeded them both in terms of turnover and payout within a few years. In direct selling, products and services play a significant role. Physical Products Services is the new direct selling products king.
Earlier it was said that this concept has completely changed in this new era. A unique product or service contributes a lot to your success, only a good marketing plan or high income of a company is nothing distinctive, so it is necessary not to ignore the company’s products, utilities and future business prospects.
A simple fact is if people want to connect with the company for the product, even if they do not have the greed for income, then you are with the right products and your success is certain enough!
What to choose products or services in MLM Direct Selling Company?
Now companies with service sector-based products are getting hit by companies with physical products and companies with the most physical products are running at loss and on the verge of closure, while the companies with services products are expanding rapidly in sales, profit, turnover and their growth percentages are 500% to 1000% per annum.
The speed of direct selling companies in the services sector is way faster than the companies in the product sector.
Just like Reliance took 35 years to reach the market capitalization of 1 lakh crore, TCS took just 15 years to strike the market capitalization of 1 lakh crore. Today market cap of service companies in the market share is three times the market cap of physical products.
The same trend is coming in Direct Selling Multi-Level Marketing as well, the companies that are selling the services, their growth is very fast and in the corona epidemic where physical products have become very difficult to reach the customer, the same companies that are selling services. Giving which does not require courier/transport, doing business easily.
Services that can be sold and marketed via network marketing MLM?
Commission on online trading account and trading brokerage
Online Education / Courses and Live Tuition
Insurance / Mutual Fund / Crypto Trading Business
Software and software license business
Competitive exam online classes
Paid Public Relations Marketing
Mobile Recharge / Rail / Bus / Air Travel / Hotel Booking
Online Gold Investment – ETF Gold Investment
E-Commerce Retailing / E-Books
Legal Documents / Pan / Tan / Aadhar / Pvt Ltd / Gst
Services industry booming in multi-level marketing mlm business
The scope of expanding the business of a services-based company is quite extensive and, it is also very easy to take it from one country to another, so the people who are coming to the services based companies in network marketing have a brighter future.
Direct selling future lies in services
Product-based network marketing companies established in the coming future, will also turn themselves in a service-based direction and grow their direct selling business rapidly.
To consult more, we are always happy to help as we are the Best MLM consultants in India.