Epixel Roundup

Takeaway from 2023

Top executives from leading MLM companies shared that 2023 has been a year that created quite a stir in the industry with numerous innovations and diverse strategies. It Works CEO John Alcala said that he learned the necessity of simplifying businesses considering how complicated it could be for distributors who handle numerous things like promotions, incentives etc. single-handedly.

pawTree Founder and CEO Roger Morgan stressed the importance of experimenting, learning, and adapting to newer circumstances according to changing situations. With these key inputs from the year 2023, the industry is all set to make 2024 a year to remember for the fraternity in terms of innovation, growth, and success.

Amway makes it to the Forbes 2023 list

Amway made it to the Fobes 2023 list of America’s largest private companies making it the only privately held direct selling company to make it to the list. Amway was ranked 70 out of 258 companies in the list with an annual revenue of $8.1 billion where the required revenue to make it to the list is $2 billion.

In the last leg of 2023, Amway revealed a fresh corporate strategy poised to leverage the boundless growth opportunities within China. This move is anticipated to facilitate the company's ongoing global expansion, strengthening its presence and increasing its market share.

DSN celebrates 20 glorious years!

Helping the industry strive through organizational challenges and helping companies from different parts of the world collaborate, grow, and succeed, Direct Selling News celebrates two decades. With its impeccable strategies and trendsetting ideas, DSN has been a guiding force for direct sellers across the globe. Imbibing lessons from the past and envisioning the future and opportunities, DSN continues its journey of being a trusted news and enhancing the direct selling channel.

Untapping the ‘Gulf’ of opportunities

Further to the World Congress of Direct Selling Associations held in the United Arab Emirates in last October, the fraternity is eyeing at untapped potential that the region beholds to expand to every global pockets. Considering the 100 million population in the total Gulf region and a 4% annual GDP growth rate, the channel is keen on exploring the possibilities that the Arab region can gift the sector. With Arabic culture of values, relationships and hospitality resonating with the direct selling morale and ethics, this new journey is sure to yield immaculate opportunities.