This is the first MLM News cast to be published for the Association of Network Marketing Professionals (ANMP).
The International Numbers For Direct Selling aka Network Marketing And they Are STRONG!
Direct sales increased 4.6 percent to $29.87 billion
Salesforce sized at 15.6 million sellers in the US
Direct selling market outpaces growth in gross domestic product (GDP) by 0.7 percent
Washington, DC – The Direct Selling Association (DSA) today released the results of its Annual Growth & Outlook Survey, which shows U.S. direct sales totaled $29.87 billion in 2011, a 4.6 percent year-over-year increase from $28.56 billion in 2010.
“There is good news coming from the direct selling segment,” said DSA president Joseph Mariano. “Despite the economic climate, direct selling continues to be a source of income and support for independent consultants across the U.S.”
The U.S. direct selling market grew faster than the overall U.S. economy, which grew 3.9 percent as measured by gross domestic product (GDP).
Nearly half of U.S. direct selling companies experienced sales growth and another 14 percent remained flat.
Smaller direct selling companies (those with annual retail sales under $3 million) fared best with 66.7 percent showing growth, and an average retail sales increase of about 30 percent.
“Growing a small business when the economy is struggling is a tall order,” said Mariano. “As an industry that celebrates entrepreneurship, the achievements made in 2011, particularly by by small direct selling companies, is remarkable.”
DSA released the findings of its 2011 Growth & Outlook Survey during a joint announcement with the World Federation of Direct Selling Associations at the DSA Annual Meeting in Grapevine, Texas.
The U.S. was ranked as the top direct selling market in the world with 20 percent of worldwide sales in 2011. Japan came in second with $23.9 billion (16 percent) followed by China with $16.3 billion (11 percent), South Korea at $12.8 billion (eight percent) and Brazil at $12 billion (eight percent).
“Around the world, the stories of the incredible journeys many people have taken to success through direct selling tell a poignant tale of individual achievement,” said Alessandro Carlucci, CEO of Brazilian direct selling company Natura Cosméticos and WFDSA chairman. “It is through our global statistics that we can begin to paint a picture that conveys the economic and social benefits direct selling provides.”
Global direct sales increased 10 percent from $139.7 billion in 2010 to $153.7 billion in 2011, according to Carlucci.
Additional findings from the DSA 2011 Growth & Outlook survey are available at www.dsa.org/statistics/. View the fact sheet.