MLM Consultancy - Malaysia Multi Level Marketing
  THE INDUSTRY    
       
 
Networking in Malaysia
Information Technology
The Figures
The Interest
The Government
The People
The Prospect
The Direct Selling License & Approval Letter Issued in Malaysia
 
 

Networking in Malaysia - The Harp to South East Asia.

The Malaysian economy has performed remarkably well over the years due to the country’s political stability, financial growth and economic policies adopted by the government. Impressively, the economic growth only influences relatively low inflation.

Major global MLM companies with strategic vision had set-up their base in Kuala Lumpur. With the implementation of ASEAN Free Trade Area (AFTA) system, they can ensure an unmatched advantage in conquering the South East Asia region and furthermore, globalization.

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Information Technology

Our qualified and skilled personnel switch the conventional approaches, to the latest computerization system. Moreover, we advise our clients the right combination of hardware system and software system to suit both current business requirements and future expansion plans. This cost-effective, fully customizable & proven web based software is to ensure the smooth implementation and application.

We oversee, supervise and monitor the changing process of all time. Hence, leveraging technology for business efficiency.

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The Figures

The MLM industry in Malaysia is a multi billion industry, generating a total turnover of USD1.0 billion to the economy in the year 2002. The total turnover increased by an impressive 25.8% growth from 2002 to USD 1.258 billion in year 2003. In year 2004, the industry was generating sales of USD 1.328 billion which reflecting a 5% growth. In the year 2006 the Industry comprises 622 companies generated a sales turnover of USD1.93 billion which is 25% growth from previous year(USD1.55 billion). (Source from Berita Harian 9/5/07)

In Malaysia alone, it is estimated that more than 7 million distributors are involved in MLM industry, increases from 3 million distributors in 2003.
–Source from www.dsam.org.my.

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The Interest

Higher cost of living, unemployed graduates’ increases and the continuous soft market has prompted greater interest in the MLM opportunity as an alternative or supplementary income source, thus boosting distributors’ overall productivity.

The present trend of making money in a very simple in the way of Multi Level Marketing (MLM). Now MLM trend is really blooming all over Malaysia which ultimately dominating unemployment. With a low start-up capital and risk, this has given individuals the opportunity to build their own entrepreneurship. Together with intensive marketing activities and aggresive mindset, this has contributed to the improved performance.

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The Government

The Malaysia government is one of the select few worldwide selected countries that positively supports the growths of its MLM industry through affirmative actions as opposed to large majority who adopt a more regulatory/controlling approach.

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The People

The people here are multiracial, multi religious, and industrious, working side by side in a great harmony. Our government encourages us to invest our earnings. The people are widely traveled entrepreneurs and thus exposed to the world in all aspects of life. English is a common language, and most of the people here can speak a minimum of two to three languages, be in Mandarin or Malay or Tamil (including the various dialects).

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The Prospect

The prospect for the industry are dazzling and flourish. Due to the government’s initiatives of promoting the industry, it implements a Anti Pyramid Act tabling.

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The Direct Selling License & Approval Letter in Malaysia

To-date, there are a total of 520 companies which carry a valid Direct Selling License in Malaysia. However, there are other operators who do not carry a valid license. In a report from Ministry of Domestic Trade and Consumer Affairs Malaysia, pyramid selling is an issue of concern because the promoters of pyramid and similar schemes often attempt to disguise themselves as a legitimate direct selling business.

Number of valid Direct Selling License from 1994 to 2003

Types of Compensation Plan

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

Multilevel

-

340

300

314

316

446

427

213

230

259

Single Level

-

401

472

436

349

205

199

117

124

128

TOTAL

-

741

772

750

665

651

626

330

354

387

Note: Source from http://www.kpdnhep.gov.my

 

 
 
 

       
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