Tuesday, July 19, 2011

Current Scenario of MLM Business in Nepal

Currently, more than 50 direct selling companies, both domestic & international, are aggressively promoting their business in Nepal. Roughly 1oo thousands Nepalese people, especially unemployed youth, are being engaged in MLM business.Categorically, most of the companies have different food supplements, herbal products and quantum products.

However, a bitter truth is that most of the direct sellers are not being able to earn adequate for sustenance; most of them are roaming around one to another companies, just like a participant of a game called "Musical Chair". The most important reason for underdevelopment of MLM business in Nepal is lack of congenial legal and business environment and ignorance of Nepalese Government in this regard.

Legal action against Gold Quest International & DewSoft Overseas was obvious but the same of Unity Life, a Nepalese company was not fair. It is simply because the government has no clear decision even after the suspension of the company a year back.....

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