Network Marketing in Singapore Building an MLM business |
Building
any legitimate business involves products and selling. The products
must be something that is of value. A simple question to ask if you
plan to get involve in a direct selling or MLM business is: Will I buy
the product? Will I use it? Will I buy it again? The most difficult
customer to convince is you yourself. The largest Direct Selling company in Singapore is Amway which is reported to have sales turnover of SGD45 million in FY2006. To have a large sales turnover for a population of 5 million shows that the products have great penetration into the market. In other words, people are buying the products and continue to do so. Many Multi-level Marketing companies in Singapore sells health supplements. Paul Zane Pilzer, an economist and author of the book the Wellness Revolution states that the wellness industry will be a trillion dollar industry by 2010. Currently, health supplements can be imported and sold without a licence from Health Science Authority of Sinagpore. They are not subjected to pre-market approval by this Authority. Nevertheless, dealers of health supplements are advised to comply with the guidelines for health supplements set out by this Authority. Dealers of health supplements include the importer, manufacturer, distributor and seller. The onus of responsibility in ensuring the safety and quality of health supplements, and compliance with the guidelines for health supplements rests with the dealer. Therefore it is of importance that a network marketing distributor represents a top network marketing in Singapore that is reputable and does not overclaim the health benefit of its products. With a good product from a reputable company it will give you a level of comfort in consuming the product and promoting it to your customers. |