Sunday - 26 May 2019

Recent Posts

ASSOCHAM urges Karnataka to adopt Direct Selling guidelines

The Associated Chamber of Commerce and Industries of India (ASSOCHAM) urged the Karnataka government to adopt and implement the Centre’s draft guidelines for the direct selling business.   At a regional conference on the topic ‘Promoting direct selling for developing entrepreneurship and job creation’ here, the speakers sought the government to adopt the guidelines so …

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Spotting the difference between MLM and Pyramid Scheme

The QonnectNow brings its readers an informative article of Susan Ward which appeared on TheBalance.com on distinguishing between an MLM company and a pyramid scheme company… Considering a multilevel marketing opportunity (MLM)? Be careful. It may well be a legitimate multilevel marketing business. Or it may be a pyramid scheme …

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Amway ties up with Retailers Association’s Skill Council of India

In line with the Government’s Skill India initiative, Amway India, one of the country’s largest direct selling FMCG company has inked a memorandum of understanding (MoU) with Retailers Association’s Skill Council of India (RASCI) on Sunday to renew its partnership for the second year in a row.   The renewal …

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4Life Research Appoints New Team Leaders

4Life Research recently appointed Nate Buhler to serve as senior vice president of Operations and Trevor Luke as the new senior director of Southeast Asia reported Direct Selling News. The Direct Selling News report further state that Buhler will oversee 4Life manufacturing, quality and compliance, planning and procurement. and distribution …

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Amway, Kony jointly host hackathon in Hyderabad

Amway – reportedly the country’s no.1 direct selling fast-moving consumer goods (FMCG) company and Kony – the leading provider of digital application and low-code platform solutions jointly hosted the first-ever hackathon for the students of Vasavi College of Engineering, Hyderabad. With an aim to harness the creativity of students to …

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Direct Selling to be discussed at National Traders Conclave of CAIT

The three-day National Traders Conclave which begins today will deliberate upon various core issues concerning the retail trade, e commerce, taxation structure and direct selling business in the country.    About 1500 leading trade leaders from all states are expected to attend the conclave, a CAIT statement said. The conclave …

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Avon appoints Bill Rahn as Group Vice President Asia

Avon Products Inc has announced the appointment of Bill Rahn to the position of Group Vice President, Asia Pacific (APAC). In this role, he will oversee the entire APAC region, leading Avon’s business across five markets – China, India, Malaysia, Philippines and Taiwan. Bill joins from Herbalife International of America (Herbalife), where he was Senior Vice President, Managing Director for APAC. He succeeds Richard …

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Amway India targets Rs 6000 crore by 2025

Bullish on the growth prospects, direct selling FMCG company Amway India today said it is targeting a revenue of Rs 6000 crore by 2025 and expects the country to feature among top 3 markets for Amway globally.    “We have registered a CAGR of 20 per cent over the last …

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Amway India looking to triple its revenue in next 10 years

Amway India is looking to triple its revenues in the next 10 years on the back of stronger growth in the nutraceutical sector in the country and expansion of its product portfolio. The direct-selling company will foray in the air-purifier segment this year. It is also looking at bringing more …

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Direct Selling in India registered a 24.26 percent growth: IDSA Report

According to the Indian Direct Selling Association’s an­nual report 2016-17, rele­a­sed by Niti Aayog vice-ch­a­i­r­man Rajeev Kumar on Tuesday, the direct selling in­dustry of­f­er big opportunities in ter­ms of economic gro­wth, self-employment and women empowerment. The total sa­l­es of the industry grew to Rs 10,324 cro­re in 2016-17 from Rs …

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India’s growth metrics would not stop: NitiAyog Rajiv Kumar

Addressing the European Business Group (EBG) and EU Diplomats at the launch of the Indian Direct Selling Association (IDSA) and EBG Annual India Position Paper – 2018, NitiAyog, vice-chairman and renowned economist, Rajiv Kumar, stated, “India’s growth metrics would not stop due to the ‘bold’ decisions taken by the government. …

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