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What Direct Selling Companies Can Do To Earn The Respect, Trust And Confidence They Deserve. KK Chua- Mary Kay Cosmetics. What is a Direct Selling Company. Product Pricing Promotion Packaging Place of Sales.`. SO WHAT WENT WRONG- WHY THE MISCONCEPTION- INTERNAL FACTORS.
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What Direct Selling Companies Can Do To Earn The Respect, Trust And Confidence They Deserve. KK Chua- Mary Kay Cosmetics.
What is a Direct Selling Company. • Product • Pricing • Promotion • Packaging • Place of Sales.`
SO WHAT WENT WRONG- WHY THE MISCONCEPTION- INTERNAL FACTORS. • Product- Overpriced • Sales Force- What are they selling.-Nothing happens until someone sells something. • Training- Lack of. • Behavior of Sales Force- Ethics. • Behavior of Companies- Adhering to Code of Ethics of DSA.
SO WHAT WENT WRONG-WHY THE MISCONCEPTION-EXTERNAL FACTORS • Lack of understanding of Consumer • Lack of understanding from Government. • Bad Publicity from Media.
WHAT WE CAN DO TO EARN TRUST,RESPECT AND CONFIDENCE • Review what we are selling…is it in line with Market conditions. • What are we teaching our sales force….What are we training them. • Develop a noble and morally respectable culture of the Company. • Control over Sales Force behavior- Rules and Regulations, Rewards and Punishment.
WHAT CAN WE DO TO EARN TRUST, RESPECT AND CONFIDENCE. • How much is the Code of Ethics of DSA practice in our Organization. (Return policy etc..) • Never criticize another Company.. And expect your Sales Force to do the same. • Never snatch Sales Force away blatantly- Reflect on the Caliber of Sales Force and Image of Company.
WHAT CAN WE DO TO EARN TRUST, RESPECT AND CONFIDENCE • Participate proactively in educating Consumer to differentiate between Direct Selling and Pyramid Selling, and Code of Ethics of DSA. • Participate in educating Government Officials. Work closely with Consumer Association or similar organization. (DSEF- objective). Gain endorsement.
WHAT CAN WE DO TO EARN TRUST, RESPECT AND CONFIDENCE. • Sponsor charitable events.. E.g. Under-privilege, Orphanage..etc. • Sponsor major sporting events- If you can afford it. • Develop relationship with Media.. Utilizing Culture, efficacy of product or sponsorship. • Do this consistently.
CONCLUSION • Ethical conduct is an investment. • Do not take short cut..it will come back to bite you. “What goes around come around” • Be community minded- education of Consumer and Government. • Be mindful of PR- it has very important ramification.