Baidyanath, established in 1918, manufacturer of quality Ayurvedic medicines, forayed into direct selling only to malign its reputation. The Allahabad-based firm opened its own direct selling unit in the name of Herbalage Anti-Aging Network renaming its products at exorbitant prices started network marketing.
A former Emerald of Amway India started huge campaign to recruit distributors in the coastal parts of Andhra Pradesh. He is advertising in the Classifieds of local newspapers to attract recruiters who have had experience in multilevel marketing.
The misconceived notion among people is that whoever joins first the network marketing or multilevel marketing would get benefited and the late comers would end up in losses. In fact, it is the company which gets benefited but not anyone else.
Herbalage Anti-Aging Network is set on the same lines of Amway. One could become a distributor by paying a fee of Rs. 8,766 and he would get a bunch of products along with literature at a discount of 25 per cent. If anybody does not want to become a networking agent, he could opt for an ordinary membership by paying Rs. 990. Sound any bell? Yeah, that is like Amway.
What more, the new company offers commission on accumulated basis. That is, the commission would be calculated after including the previous purchases also.
The brochure claims that the distributor could earn Rs. 17,68,563 in six months if he continuously introduced four new downline members for three consecutive months and each distributor do a minimum business of 800 business volume (BV) every month.
It is nothing but easy and quick money as decided by the Andhra Pradesh High Court in the writ petition filed by Amway India.
It is high time the police swung into action and nipped the evil in the bud.
My dear fellow Indians, do not fall prey to the crooks like this and lose your hard-earned money.