So, you have an invitation from a good friend to join a direct-selling business! You were probably promised big income potential, leveraging on others' efforts, time and financial freedom and amazing products to sell.
But then again, if what's being promised is too good to be true. I suggest doing in-depth research about the company, before signing-on the dotted line and using your hard-earned money to purchase their products.
The most credible resource on network marketing and direct-selling business is the Direct-Selling Association of the Philippines. Formed in the late 1970s, they are the self-regulating association composed of direct selling companies here in the Philippines. The Direct Selling Association is part of the umbrella of the World Federation of Direct Selling Association based in Washington D.C. USA.
Could it be that they are not up the ethics and professionalism standards of the direct selling industry. Or worse, they could be a pyramiding scheme.
The DSAP has an 8-point list to ask yourselves before joining a networking company ~
1. Is there a product?
2. Are commissions paid on sale of products and not on registration/entry fees?
3. Is the intent to sell a product not a position?
4. Is there no direct correlation between the number of recruits and compensation?
5. If recruitment were to be stopped today, will the participants still make money?
6. Is there a reasonable product return policy?
7. Do products have fair market value?
8. Is there a compelling reason to buy?
If the answer to all the questions is YES, then the company being evaluated is a legitimate company. But if the answer is NO, then there is a high probability that it is a pyramid scam.
2. Are commissions paid on sale of products and not on registration/entry fees?
3. Is the intent to sell a product not a position?
4. Is there no direct correlation between the number of recruits and compensation?
5. If recruitment were to be stopped today, will the participants still make money?
6. Is there a reasonable product return policy?
7. Do products have fair market value?
8. Is there a compelling reason to buy?
If the answer to all the questions is YES, then the company being evaluated is a legitimate company. But if the answer is NO, then there is a high probability that it is a pyramid scam.
http://dsap.ph/how-to-differentiate-a-legitimate-direct-selling-company-from-pyramiding-using-the-8-point-test.html
Nu Skin Enterprises Philippines has always been an active member of DSAP. A number of their outstanding distributors are even asked to conduct trainings for them. Recently, the DSAP has been actively promoting the industry in universities, with a 2-day course in Direct Selling and Network Marketing. The aim to expose the public to legitimate direct selling and counteract some negative impression, eventually encouraging people to make it as a career.
If you are interested to know more about direct selling or Nu Skin Enterprises Philippines, you can drop by their office at 15th
floor Octagon Building, San Miguel Avenue, Pasig City, Philippines, with
telephone numbers 632-8-NUSKIN.
xoxo,
ripemago
As of Oct. 2104, how many direct selling companies are present in the Philippines? Thank you!
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