The direct selling industry contributed $72 billion to the U.S. economy in 2004, according to an economic impact study conducted by Ernst & Young and released today by the Direct Selling Association (DSA).
The $72 billion includes direct, indirect, and induced impacts from $27.8 billion in wages, commissions, bonuses, and other compensation earned by the more than 13.6 million Americans who work in the direct selling industry, as well as impact from sales to customers, production activities, capital investments and tax revenue.
“The economic impact study confirms the ongoing growth of direct selling as a shopping option for millions of American consumers,” said Neil Offen, DSA President and CEO. “In ever-increasing numbers, Americans are choosing direct selling because they enjoy personal contact with knowledgeable sales representatives. Consumers enjoy service, selection and social interaction that’s hard to match with other shopping experiences.”
Direct selling involves the sale of a consumer product or service, person- to-person, away from a fixed retail location. The industry includes global companies with household names, including Avon, Herbalife, Mary Kay, The Pampered Chef and Tupperware, as well as hundreds of small- and medium-sized businesses.
Direct Selling - $72 Billion to U.S. Economy
February 15, 2006 by Ty | 1 Comment
In Network Marketing News
Brent Mann on February 23rd, 2006 at 9:05 pm
Hello again Ty, Man does this article ever hit home for me.I have my Doctorate Degree in the University of hard knocks,”Direct Sales”,25 yrs to be exact and I am only 42 yrs. young….it has been a Blast to say the least and the rewards have been phoenominal in all aspects of the experience.I started like the movie “Door to Door”,for 10 yrs.and then ventured into the Financial Services Business for the last 13 yrs.it was also direct sales business to business.I was able to retire @ 42yrs young however, I recently have joined One of the Fastest Growing NetWork Marketing companies in the World.We are now over 13,000 Distributors in just 11 weeks since our launch on 12-08-05 and over 6 million in sales in which 4 million has been passed on to the distributors…BioPerformance Fuel Saver Pills will soon be a household name here in America!!Why? EVERYONE wants to save on fuel & help save our awesome world that we live in……take care and cheers for now…Give Direct Sales a run the Time Freedom is Priceless.
Respectfully,Brent Mann “Founding Leader BioPerformance Fuel U.S.A.”
If You would like to save 25 to 70 cents per gallon of Gas or Diesel visit,www.bioperformancefuelusa.com