Industry Analysis & Industry Trends
While business is projected to pick up as the economy and consumer spending recover, times will be tough for direct selling companies. Operators will continue facing fierce competition from online retailers, big box stores and department stores as consumers increasingly value low prices and convenience. Struggling companies will continue to trim their sales forces to reduce costs... purchase to read more
Industry Report - Starting a New Business Chapter
The Direct Selling Companies industry exhibits minimal barriers to entry, with low establishment costs and no licensing requirements that prevent firms from entering the industry. However, industry competition and market awareness can pose a threat to potential new entrants.
Most industry operators are individually-owned small establishments that cater to the local community. Therefore, startup costs are low because there is little need to invest heavily in technological equipment, such as computerized inventory controls and point-of-sale systems. In fact, many multi-level marketing corporations, such as Avon, provide “startup kits” for businesses for as low as $50.0... purchase to read more