{"id":241295,"date":"2022-10-27T15:58:23","date_gmt":"2022-10-27T13:58:23","guid":{"rendered":"https:\/\/mypr.co.za\/?p=123686"},"modified":"2022-10-27T15:58:23","modified_gmt":"2022-10-27T13:58:23","slug":"direct-selling-industry-positively-contributes-to-sa-economy-with-r7-8-billion-in-sales","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/direct-selling-industry-positively-contributes-to-sa-economy-with-r7-8-billion-in-sales\/","title":{"rendered":"Direct selling industry positively contributes to SA economy with R7.8 billion in sales"},"content":{"rendered":"<aside class=\"scaip scaip-1 \">\n<aside id=\"republication_tracker_tool-2\" class=\"republication_tracker_tool clearfix\">\n<h5 class=\"adtitle\">Republish for Free<\/h5>\n<div class=\"license\">\n<p><button name=\"Republish This Story\" id=\"cc-btn\" class=\"republication-tracker-tool-button\">Republish This Story<\/button><\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"http:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img decoding=\"async\" alt=\"Creative Commons License\" class=\"lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/10\/direct-selling-industry-positively-contributes-to-sa-economy-with-r7-8-billion-in-sales.png\"><\/a><\/p>\n<p><img decoding=\"async\" alt=\"Creative Commons License\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/10\/direct-selling-industry-positively-contributes-to-sa-economy-with-r7-8-billion-in-sales.png\"><\/div>\n<div class=\"message\">\n<p>Republish our articles for free, online or in print, under a Creative Commons license.<\/p>\n<\/div>\n<\/aside>\n<\/aside>\n<p><a href=\"https:\/\/mypr.co.za\/?attachment_id=123687\"><img loading=\"lazy\" decoding=\"async\" alt width=\"300\" height=\"244\" class=\"alignleft wp-image-123687 size-thumbnail lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/10\/direct-selling-industry-positively-contributes-to-sa-economy-with-r7-8-billion-in-sales-1.png\"><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-123687 size-thumbnail\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/10\/direct-selling-industry-positively-contributes-to-sa-economy-with-r7-8-billion-in-sales-1.png\" alt width=\"300\" height=\"244\">The direct-selling industry positively impacts SA\u2019s economy as its resilience and growth see an achievement of R7.8 billion in sales, all whilst other South African industries continue to struggle under increased financial stress.<\/p>\n<p>Financial stress has taken a toll on South Africans, record high food and fuel prices, an inflation rate at a 13-year high and rising interest rates, both middle- and low-income earners countrywide are struggling. According to a Sanlam Savings survey, 78% of South Africans are most concerned by financial worries and 60% by the state of the economy.<\/p>\n<p>At DSA\u2019s 3rd Virtual Convention, \u201cWe are one of the very few industries that can boast success in an ever-struggling economy. We\u2019re pleased to share that we have close to 650k direct sellers and more importantly, direct seller earnings was R2.1 billion \u2013 this is no small amount going back to the local economy.\u201d, shared Rajesh Parshotam, chairperson of DSA of South Africa.<\/p>\n<p>Globally, DSA of SA celebrates the 128 million direct sellers and the direct selling industry that recorded over 186 billion US dollars in sales. Remarkable sales results given the many challenges in the global marketplace from the war, to energy crisis through to inflationary pressures experienced worldwide.<\/p>\n<p>On the local front, an exciting development, for the first time ever in the history of the DSA, we have made significant progress in expanding the conversation with government from lobbying for legislation and regulations to economic development where we will partner with various levels of government to co-create a plan for economic development in townships where people can have access to an income opportunity by owning a business of their own through one of our member companies.<\/p>\n<p>Parshotam said, \u201cIncreases in the worldwide number of direct sellers and sales figures are clear indicators that more and more people are looking to our industry as the solution. Direct sellers are getting younger as more look for trusted income opportunities, with over 62% of local direct sellers below the age of 45\u201d and a majority of 38% under the age of 35.\u201d<\/p>\n<p>We\u2019re excited about sharing this wonderful opportunity of direct selling, of entrepreneurship and owning a business of your own. Our challenge is to remain laser focused on ensuring that the direct selling industry through the DSA is regarded as a legitimate income opportunity for all irrespective of background, a task we\u2019ve undertaken for the last 50 years!<\/p>\n<p><a href=\"http:\/\/mypr.co.za\/contact\/featured\/\">CLICK HERE to submit your press release to MyPR.co.za<\/a>.<\/p>\n<p> <span class=\"post-views-icon dashicons dashicons-chart-bar\"><\/span> <span class=\"post-views-label\">Press Release Views since 1 July 2022:<\/span> <span class=\"post-views-count\">81<\/span> <\/p>\n<div class=\"entry-pagination pagination\">Pages: <span class=\"post-page-numbers current\"><span class=\"screen-reader-text\">Page <\/span>1<\/span> <a href=\"https:\/\/mypr.co.za\/direct-selling-industry-positively-contributes-to-sa-economy-with-r7-8-billion-in-sales\/2\/\" class=\"post-page-numbers\"><span class=\"screen-reader-text\">Page <\/span>2<\/a><\/div>\n<p><a href=\"https:\/\/mypr.co.za\">Source: MyPR.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. The direct-selling industry positively impacts SA\u2019s economy as its resilience and growth see an achievement of R7.8 billion in sales, all whilst other South African industries continue to struggle under increased financial stress. Financial stress [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":241296,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9021,1],"tags":[3257],"class_list":{"0":"post-241295","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mypr","8":"category-south-africa","9":"tag-mypr","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/10\/direct-selling-industry-positively-contributes-to-sa-economy-with-r7-8-billion-in-sales.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/241295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=241295"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/241295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/241296"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=241295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=241295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=241295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}