These operators work within a small locality and serve a limited clientele.That is about 97.0 percent of industry operators are considered non – employers.
Nevertheless, because a good number of direct sales companies have no physical locations, the price advantage competitors enjoy over many retailers is minimized, which has somewhat mitigated the loss of industry customers.
Driven by improved consumer confidence and disposable income, consumer spending is anticipated to rise further going forward.
A recent report published by IBISWORLD shows that the Direct Selling Companies industry is considered to have a low level of concentration, with the four-largest players estimated to account for less than 10.0 percent of industry revenue in 2016.
The report revealed that the industry is highly fragmented, characterized by a large number of individually owned businesses that are small in size.
Below is a sample direct sales company business plan template that will help you successfully launch your own business; Direct sales companies are involved in the retailing of a product or service from one person to another without having a fixed retail location.
Players in this industry are referred to as independent consultants, distributors or sales representatives.The truth is that, this line of business is highly profitable and in some cases, you may not have to commit your money to the products you want to sell. Just like most business, the direct selling companies industry is pretty open for as many people that are interested in the industry as long as you have what it takes to sell goods and services.Even if you don’t have the finance and other requirements for starting a standard direct selling company, you can come into the industry by starting – out as a freelance sell agent for a manufacturing company / companies.There is a saying that gifted sales agents can sell snow to Eskimos.If per chance you consider yourself to be gifted in the art of selling, then you should consider starting a direct sales company.The Direct Selling Companies Industry is indeed a large industry and pretty much active in countries such as United States of America, United Kingdom, France, Italy, Nigeria, South Africa Japan, China, Germany, and Canada et al.Statistics has it that in the United States of America alone, there are about 704,924registered and licensed direct selling companies scattered all across the United States responsible for employing about 797,208people and the industry rakes in a whooping sum of billion annually.Okay, so we have considered all the requirements for starting a direct sales company.We also took it further by analyzing and drafting a sample direct sales company restaurant marketing plan template backed up by actionable guerrilla marketing ideas for direct sales companies. There are some people who are highly skilled when it comes to selling products and services.You can also reach us on 08 if you would like to see how we can help. If YES, here is a complete sample direct sales business plan template & feasibility report you can use for FREE.