Is Safeshopindia Com A Genuine Business? Updated 2022
There is an enormous increase in the direct selling businesses in India. Direct selling is a business concept in which people offer items or services directly to end customers in non-retail settings such as their homes, the internet, or other venues.
Distributors gain money by selling things to end users in this arrangement. Direct sellers might appoint employees to join their sales team to increase their sales potential.
Direct selling has two models: single-level marketing and multi-level marketing. The direct seller earns money in single-level marketing by purchasing things from the producer and selling them straight to the end client.
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A direct seller can make money in multi-level marketing, often known as network marketing, by selling direct and sponsoring a new direct seller to gain a commission.
One-on-one demos, party arrangements, and internet sales are examples of modern direct marketing. Gathering a group of potential consumers and presenting the product to them is what party plan sales entail.
One such direct selling business is Safe Shop. The full name of this company is Safe & Secure Online Marketing Pvt. Limited. We will be discussing all the intricate details about this business, like how it operates, how it makes money, and how this company can manufacture a new business trend in India. So without any further delay, let’s get into it.
What Is Safe Shop India
Safe Shop India is one of the country’s top multi-level marketing organizations. The Safe Shop was registered with the Ministry of Corporate Affairs in January 2001 and began its operations as a Legal Direct Selling Company of India.
Safe Shop is a network marketing organization that sells high-quality merchandise. It provides its marketers with a fantastic business opportunity, with the potential to earn lakhs of rupees per month.
Safe Shop India has products in four categories: Health, Beauty, Fashion, and Lifestyle.
Initially, this company had a bad reputation in the Indian market. The Safe Shop, on the other hand, was able to gradually improve its image over time.
The company’s full name is Safe and Secure Online Marketing Private Limited, but everyone knows it as a Safe Shop. As a result, when they conduct a search for this short name, they cannot locate it and suspect it is a forgery. It has been thoroughly demonstrated after a few days.
This company is headquartered in New Delhi, India, and Harish Sondhi is the director of Safe and Secure Online Marketing Pvt. Ltd.
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How Is Safe Shop Operating In India
This section of the article will describe how this corporation has grown into a big enterprise. This business started in 2001, but it was running under a different name. Harish Sondhi is the acting managing director, with Siddhart Sehgal & Rajat Verma as the other directors. The company has smooth operations, but it has had many cases against it since the very beginning.
Because of these cases, the internal guidelines of Safe Shop India have changed several times. And now, it operates under the guidelines of MLM.
A change indicates us towards fraud or scam running inside Safe Shop India. As also tells us that the company might be using loopholes in the law for its advantage, meaning Safe Shop India does not put itself under any moral obligation while doing business.
Safe Shop India follows a two-fold business plan, which is as follows:
- Product Selling: Safe SHop, a Direct Seller, offers its items at a lower price than the MRP. It is known as SSP (Safe Shop Price). For Direct Seller, each product has a set SSP. Direct Sellers can purchase products and resell them at a higher price up to the Fixed MRP, allowing them to profit from retail sales.
For example, if the MRP of the merchandise is Rs.1000, the DS (Direct Seller) will obtain these products from the corporation for Rs.850 SSP. As a result, the DS can earn Rs.150 in retail earnings by selling the product at its MRP price. Safe Shop offers to give up to 35% of retail income, with the amount varying depending on the product.
- Recruitment Process: The most crucial aspect of MLM is recruiting to generate passive income. Your income will be restricted if you do not recruit people. You must add people to your downline while simultaneously requiring them to recruit others. Remember that you are not required to give someone money.
You will earn money by recruiting others and building a downline. As a result, the more people you can add to your downline, the more money you will make. Income begins at several levels depending on the number of persons in one’s downline and sales. Each component had a unique BV to generate revenue from the downline. 2.5 rupees is the value of one BV point.
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Is It Safe To Join Safe shop:
Joining a Safe Shop, joining another Network Marketing Company, or not joining the MLM or Network Marketing Industry is all up to you. We can only steer you in the right direction. One thing is for sure: the items of Safe Shop India are excellent, which is why people profit from them.
According to John M Taylor, network marketing has a success rate of 0.04 percent. In practice, the number might be high or low depending on several circumstances. There is genuine confusion among the masses because there are people who do not understand the business model of Safe Shop India. Because there is an increase of people who are not interested in joining the business by just disregarding the company’s policy.
Many people have worked in it and have been successful, but whether you will be successful or not is unknown. It is all up to you. You are welcome to join if you are satisfied with the product, which you are receiving at a significantly higher price than the market price.
Our advice is to get counsel from someone who has worked in the Safe Shop before joining because only that person will provide justification to join or not join the company. Then it’s up to you to make your own decisions.
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