2021

NYX Awards - 2021 Silver Winner Winner: QNET

The Difference Between Direct Selling And Pyramid Scheme

Entrant Company

QNET

Category

Social Video / Informational

Client's Name

Country / Region

Singapore

Experience Level

Internal

Gallery

About The Entry

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.

Featured Media

2021
Web Based Production
NYX Awards 2021 Winner - Nutrena ProForce Video, Yamamoto Agency
silver
winner

Entrant Company

Yamamoto Agency

Category

Web Based Production / Science & Technology

Country / Region

United States

2021
Integrated Marketing
NYX Awards 2021 Winner - Beyond the Crisis, SAP
silver
winner

Entrant Company

SAP

Category

Integrated Marketing / Business to Business

Country / Region

United States

2021
Content Marketing & Writing
NYX Awards 2021 Winner - Managing Multicultural Media Strategy, true[X]
silver
winner

Entrant Company

true[X]

Category

Content Marketing & Writing / Annual Report / CSR

Country / Region

United States

2021
Advertising
NYX Awards 2021 Winner - Big Men. Short Shorts., LP/AD
silver
winner
Toronto Arrows RFC

Entrant Company

LP/AD

Category

Advertising / Billboard

Country / Region

Canada