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by Sajin Rajan
As years gets pass one after the other, future looks pleasant and bright! There are various trending aspects that keep things forward in the direct selling industry and let’s have a look at them.
Business always like to tone-up or grade-up to next level, business keeps progressing on every stage; from a start-up stage to advanced enterprise stage. From a handful of members in direct selling network to a worldwide network, as branding improves so is the productivity and network establishment. Network marketing industry follows a pattern to persuade a good career in this field and yield more.
Finding a business opportunity in larger terms and risk bearing can be seen as a trending marketing opportunity in the industry. The opportunity is there, and to become a brand with aggressive growth, ‘risk’ is a must factor to consider. With technology and software package, enterprise-level features can drive business to process easily without any worries in the present and future.
The whole planet is experiencing a new trend — shop online. As people prefer or rely more on online shopping, one may consider it as an open channel to market your product directly to the customers. Usually, network marketing strategy involves product marketing through e-commerce, and a multi-vendor online space is an acceptable choice.
In a multi-vendor eco-system, one can make use of the opportunity by means of many affiliate programs to launch and market the product. As there involve many vendors, ‘pooling’ is an option to earn commissions for the sales of other vendor products from your own digital showcase available in your list. Well, through this online space, customers can easily be reached out for products and apart from direct selling; e-commerce is one of the best channels to market the product. So, product selling through e-channels is perfect and it’s the best choice.
Advancement in business needs proper emphasis in technological aspects too. No matter what, technology is always trending and a new breakthrough in research and analysis provide a basement to progress as futuristic technology. Automation eased all the difficulties faced by every direct selling company until the time. Direct selling software with advanced features provided the best for organizations as well as network marketing distributors to organize and mark their spot as a popular brand.
Network marketing software has been a part of every business groups and it gets improved overtimes. Finding the missing part or find the difficult side and then, develop a model with technology to surpass the existing model and provide the best!
Digital currency or cryptocurrency is yet another trend to explore in the coming years. Its emergence in the market provided the world with a payment method, as a potential investment, a trading asset and much more. The spike and zigzag curve show that the world is into digital coins, and everyone in the industry talks about it. The present trend isn’t tedious in nature, and the organizations are developing their own digital currency with their own regulations.
As per studies, about 2.9 to 5.8 million people are using Bitcoin and a leading digital currency exchange platform has over 13 million users. Every such statistics shows the influence, and digital currency mania is simply ahead of the fiat currency world. Future looks perfect and the best thing is that every such digital currency has its own unique characteristics.
Digital marketing is the future of direct selling industry, as per the survey conducted by the experts in the industry, about 4.021 billion people are using the internet and among them, 79% of people are active in social media platforms. Digital marketing trends socialize MLM business with more user engagements and establish themselves as a popular direct selling company.
Social media awareness, discussions, and other public platforms are trending up, and people do talk to each other in this digital platform rather than via direct methods. Yup, the world is shaping out as a digitally powered space and future looks to find more “occupied” status than the present times. Business trends thus change every time and its impact will be reflected in the sales/member network numbers too.
Data does have a role in the industry as well as to provide something unique. AI collects the present data (requires a pool of data) from two phases of the industry — past & present and then, with the help of data science useful data will be juiced out to predict the best actions for the future. With these smart inferences, a compatible mode of information will be shared that leads business to find the perfect tone for a successful business period.
The right scope of data can help out to elucidate the trace of right methods that collectively brings all the above aspects mentioned in this piece of write-up. By extracting these two factors machine learning provides an output system. Chatbots, voice bots, etc. are a certain kind of basic application trending in the present system. It’s trending and wait for the future to see many AI-based applications and features.
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