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

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
Integrated Marketing
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silver
winner
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Entrant Company

24 Communications

Category

Integrated Marketing / Business to Consumer

Country / Region

United States

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NYX Awards 2021 Winner - Sun, Parnaso
silver
winner
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Entrant Company

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Category

Broadcast / Television / Consumer Products / Services

Country / Region

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Advertising
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silver
winner
Microsoft

Entrant Company

Miami Ad School Hamburg

Category

Advertising / Advertising / Other

Country / Region

India

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Advertising
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silver
winner

Entrant Company

SFC Group

Category

Advertising / Advertising Campaign

Country / Region

United States