Relaxed Marketing Rules In China Open The Door For More MLM Sales
Investor's Business Daily: Relaxed Marketing Rules In China Open The Door For More Sales:
"On Sept. 2, the country's Ministry of Commerce announced plans to lift its seven-year-old ban on direct sales. The rule changes — required by China's entry to the World Trade Organization — will take effect in December.
The new rules will turn salesmen loose to knock on doors, make pitches and close deals. One company that stands to benefit is Herbalife, (HLF) the maker of weight management, nutrition and personal care products.
Herbalife established operations in China in 1997, but has moved more cautiously there than larger, direct sales competitors such as Amway Corp. and Avon Products . (AVP)"
"On Sept. 2, the country's Ministry of Commerce announced plans to lift its seven-year-old ban on direct sales. The rule changes — required by China's entry to the World Trade Organization — will take effect in December.
The new rules will turn salesmen loose to knock on doors, make pitches and close deals. One company that stands to benefit is Herbalife, (HLF) the maker of weight management, nutrition and personal care products.
Herbalife established operations in China in 1997, but has moved more cautiously there than larger, direct sales competitors such as Amway Corp. and Avon Products . (AVP)"
posted by Kevin Francis @ 5:09 PM
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