Unemployed And Over-50s Grab Financial Lifeline Offered By Direct Selling
Posted on 16.07.11
The Direct Selling Association (DSA), the trade body that represents the UK's major direct selling companies, has seen a 29 per cent increase in recruits aged over 50 in the past year. Direct selling is face-to-face selling outside a normal retail environment, either on a one-to-one basis or at specially held parties. Direct sellers can often earn more money by recruiting other people to sell products too, and then earning commission on the sales their recruits make. The DSA estimates there are currently 120,000 direct sellers over the age of 50 in the UK, compared with 93,000 in 2009/10. Over-fifties are cashing in on opportunities offered by "direct selling" companies to boost their earnings or supplement their retirement income. The industry is worth £2bn annually to the UK economy with more than 400,000 people selling products this way. Another advantage is that hours are flexible and can generally fit around other jobs or family commitments, which is why traditionally, direct selling has appealed to young working mothers.
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Best Buy Co., Inc. is a multinational retailer of consumer electronics, home office products, entertainment products, appliances and related services. The Company operates retail stores and call centers, and conducts online retail operations under a
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In July 2010, the Company completed the acquisition Silpada Designs, Inc. (Silpada), a direct seller of jewelry products, primarily in North America. In March 2010, the Company completed the acquisition Liz Earle Beauty Co. Limited (Liz Earle).