Online Education from MLM perspective
Virtual / Service based product = highest margins
Evergreen Online education Industry = huge market
Online education industry = high demand & need of the time
Service Industry’s GDP Contribution Ratio to Indian Economy
The service industry forms a backbone of social and economic development of a region. It has emerged as the largest and fastest-growing sectors in the world economy, making higher contributions to the global output and employment because service industry favors innovation and value creation over capital. We believe that MLM Industry can also take leverage of huge potential of service oriented businesses.
India has always been known for its rich and versatile knowledge heritage. We value and respect those who have knowledge and skills that helps our society to be better everyday. Since Independence, the education field has diversified and institutionalize very fast. After 1990s, processes of globalization and liberalization have also vastly affected the educational process in India.
Some of the top business leaders all around the world are Indians. Organizations like UN, UNESCO, World Bank and World Health Organization, have awarded countless Indian citizens as their commity members.
One of the reasons behind such academic success of Indian scholars is the Indian education industry. Starting from pre-school, kinder gardens to institutions in quota the whole system works harmoniously. And that is why Indian education industry is one of the largest of its kind in the world.
In FY 2015-16, the education market was worth about US$ 100 billion and is expected to reach US$ 116.4 billion in FY 2016-17.
Don’ t just go for our words, refer resources given below to see it yourself :
- Education Industry Analysis 2016 – Cost & Trends by www.franchisehelp.com :Click on this link(You will be able to get an overview of Global Education Industry.): https://www.franchisehelp.com/industry-reports/educational-franchise-industry-report/
- Above was just a trailer, see the bigger picture here: http://www.technofunc.com/index.php/domain-knowledge/education-domain/item/overview-of-education-sector
- Now let’s look into Education Industry analysis in India: http://www.ibef.org/industry/education-sector-india.aspx
Online Education Industry
India is emerging globally as a very big potential market for online education. There are billions of dollar investment is coming from all across the world in India to woo Indian people.
Let’s have look into what experts are saying:
- COM :
- CXO Today:
Even people are sharing very good feelings about very big, rapid and positive growth of Online education Industry. Just read this: https://www.quora.com/What-is-the-online-education-market-in-India-and-how-will-be-its-growth-in-the-next-five-years
Emergence, Evolution , Growth, Future of Online education in MLM industry
Right now, MLM Industry is stagnant in product front because all the old famous products like Noni and bio magnetic bracelet etc are chewed. People know that it’s very cheap product and Companies are selling it in very high pricing. People are feeling cheated.
What people of MLM Industry need is a product which has quality, more value than the money they are paying and it must be able to provide high incentives in business plan.
Watch video below to understand how important ONLINE EDUCATION is today and how MLM Industry can take advantage of it.
As you can see online education is the only product which is best fit for MLM right now.
With increasing Digitization by Digital India, The next 10 years are of Online education Industry.