Let's look at some verified facts to better understand why many individuals from a variety of age groups and ethnic backgrounds are choosing an online business platform for supplemental income and Entrepreneurial Education. Our goal is to assist our students and friends in getting real life, hands on, income producing opportunities to learn many of the essential components necessary to develop as stable Entrepreneurs. Considering many learn best hands on or by experience, this industry is a great compliment to our Mindset and Entrepreneurial Education products.
Many Americans are embracing this industry because she gives the "little guys" with limited capabilities , capital, or connections an opportunity to start small, and grow to any level their willing to work for. For the "big fish", it's a platform to provide incentives and creative alternatives to help improve, mindsets, engagement, and performance in their companies, ministries, or organizations. Since we are destroyed for a lack of knowledge, let's put the myths to the side and explore some facts about this life changing industry of Direct Sales.
When was the last time you recommended a movie or health related tip or product to a friend, family member or colleague. Millions of people do this every day - and get paid for it. The Network Marketing and Direct Sales profession hit a new record high in 2015 with $183.7 Billion in global sales. Roughly $73.4 Billion (40%), was paid directly to distributors via commissions. That's $6.1 Billion per month and $201 Million each and every day - 365 days a year.
The U.S. was ranked as the top direct selling market in the world with 20% of worldwide sales, China came in second with 19%, S. Korea third with 9%, followed by Germany at 8% and Japan at 8%. Other countries that made their mark included Brazil, Mexico, France and United Kingdom, to name a few. Direct sellers include individuals who are career minded entrepreneurs (full or part-time), building their own business within their respective company.
Sales figures are expressed in USD and are estimated retail level and exclude sales tax and VAT with international sales being converted to USD using the exchange rate as of February 2015. Figures are based on DSA Members only and do not include the entire industry.