2021

NYX Awards - 2021 Silver Winner Winner

The Difference Between Direct Selling And Pyramid Scheme

Entrant Company

QNET

Category

Social Video - Informational

Client's Name

Country / Region

Singapore

Experience Level

Internal

Direct selling is such a misunderstood industry. Among the common misconceptions about Direct Selling is that it is supposedly a pyramid scheme. Truly, a misconception that can easily be debunked with all the right information and proper education. In fact, according to the World Federation of Direct Selling Associations (WFDSA), Direct selling isn’t only about getting great products and services into consumers’ hands. It’s also an avenue where entrepreneurial-minded people can work independently to build a business with low start-up and overhead costs. What’s more, the industry has proven itself to be recession-proof, making it a great additional source of income during economic uncertainties. In this whiteboard video, we set out to discuss what direct selling and network marketing really is vs pyramid schemes. We also delve into how you can distinguish between a legitimate direct selling company and a pyramid scheme.

2021
Design & Print
NYX Awards 2021 Winner - LX Labs logo
silver
winner
Infosec

Entrant Company

Infosec

Category

Design & Print - Logo

Country / Region

United States

2021
Advertising
NYX Awards 2021 Winner - Burguer
silver
winner
WOW

Entrant Company

Parnaso

Category

Advertising - Newspaper AD (Single)

Country / Region

Spain

2021
Branded Content
NYX Awards 2021 Winner - Evolution
silver
winner
Yuan Ze University

Entrant Company

Wizard Films/Yuan Ze University

Category

Branded Content - Branding

Country / Region

Taiwan

2021
Website
NYX Awards 2021 Winner - Stock Pro Elite
silver
winner
Stock Pro Elite

Entrant Company

The House of Holloway

Category

Website - Financial Services

Country / Region

United Kingdom