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30 March 2004

The DSAS e-News
Issue 1
Dear Friends of DSAS
Why
Direct Sales?
Direct selling is a dynamic, vibrant, rapidly expanding channel of
distribution for the marketing of products and services directly to
consumers.
The direct sales industry today generates sales of over US$85 billion
in over 170 countries and territories, through the 46 million direct
sellers around the world.
Direct sales hopes to provide low cost, low risk business opportunities
to the average person. Because of the person-to-person nature of
sales, direct sellers require services like telecommunications,
transportation and hospitality. It helps build new skill sets and
generates new jobs.
As an industry, it provides added advantages to the consumer like new
products, competitive pressure and capital investment to the market
place. These socio-economic contributions to the market place is
another reason why direct sales is often regarded respectfully.
Direct selling offers choice to consumers. It works in favor of
the consumer by providing personalized services and convenience.
In
Singapore…
According to statistics gathered by the World Federation of Direct
Selling Associations (www.wfdsa.org),
there are over 250,000 people in Singapore in direct sales, churning up
US$192 million worth of retail sales in 2002. In year 2003,sales
were estimated to be US$300 million. This is set to be a growing trend
as more direct selling companies venture here and more Singaporeans
come to realize the potential of this industry.
What
is a legitimate Direct Selling Company?
Direct selling provides important benefits to individuals who desire an
opportunity to earn an income and build a business of their own. It
offers an alternative to traditional employment for those who desire a
flexible income earning opportunity to supplement their household
income, or whose responsibilities or circumstances do not allow for
regular part-time or full time employment.
Illegal pyramid schemes seek to make money from you (and quickly).
Multilevel marketing companies seek to make money with you as you build
your business (and theirs) selling consumer products. In pyramid
selling the driving force is in recruiting more and more people as
opposed to selling goods and services. As the pyramid base gets
larger, it eventually collapses.
Key
differences to look out for:
Illegal Pyramid
Selling
|
Legitimate
Direct Sales |
Pays you based on
number of people recruited
|
Pays you based on
goods sold |
| Usually a hefty
sign-up fee with purchase of large amount of products |
Nominal sign-up fee
with no requirement to buy products |
| Cannot return unsold
products |
Refund of goods
sold, 7-days cooling off period |
Products sold
usually of questionable value
|
Sells quality goods
and products |
Usually promises a
get-rich-quick scheme
|
An actual work plan
that requires hard work |
If still in doubt, contact the DSAS for a list of members: www.dsas.org.sg
Interaction
With Other Organizations
DSAS is an affiliate of the WORLD FEDERATION OF DIRECT SELLING
ASSOCIATION (WFDSA) and is also an Institutional Member of the
Consumers Association of Singapore (CASE). DSAS interacts regularly
with other direct selling associations particularly those in the ASEAN
and East Asia countries as well as with the US DSA.
Latest
Activities Update
There will be a Health Seminar jointly organised by the DSAS member
companies on "The Benefits and safety of Health Supplements".
The details are as follows:
Date:
1st April 2004, Thursday
Time: 2 - 5pm
Speakers: Dr John Hathcock
Venue: Otani Hotel, Level 6,
Phoenix Ballroom
Price: S$10 per ticket
About the
Talk
The talk aims at educating the public on the uses and benefits of
Health Supplement from the professional background/standpoint of the
speaker, Dr John Hathcock, Ph.D. who is the Vice President of
Scientific and International Affairs for the Council for Responsible
Nutrition. For tickets, pls approach any DSAS member companies.
About John
N. Hathcock, Ph.D.
- Vice President - Scientific and International Affairs
for the Council for Responsible Nutrition.
- He is responsible for scientific review and
regulatory interpretation, especially on safety and international
regulatory issues.
- Dr. Hathcock is an expert on the application of
quantitative risk assessment to the safety evaluation of nutrients and
other dietary ingredients.
- Author of CRN's Vitamin and Mineral Safety (1997) and
its updated edition (2004).
- He has more than 100 peer-reviewed publications and
has more than 30 years of experience, including tenures as professor at
Iowa State University and senior scientist at the Food and Drug
Administration.
- He holds B.S. and M.S. degrees from North Carolina
State University and the Ph.D. in nutrition from Cornell University,
and is an elected member of professional societies in nutrition,
toxicology, food science, and cancer research.
To know more about DSAS, please click
here
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