Shahnaz Herbals makes foray into direct selling

Shahnaz Herbals makes foray into direct selling
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First Published: Fri, Sep 07 2007. 10 48 AM IST
Updated: Fri, Sep 07 2007. 10 48 AM IST
New Delhi: Shehnaz Herbals will through their new company, Veda Dynamics provide people various earning opportunities, rewards and recognition using direct selling approach.
To become a Veda Dynamics consultant a person has to buy a “Veda Dynamics Product Kit”. After registering s/he will be eligible for three kinds of income, namely network income, retail income and retail generation income. While marketing and endorsing properties of a globally recognized brand, they will be able to access an effective distribution system and innovative consultant support services.
“Presently, the direct-to-consumer market for cosmetic is about Rs 500crore. The market is growing at a rate of 20% per annum and in the next three years, is estimated to be in the region of Rs840 crore,” said Shahnaz Husain, founder and chairperson, Shahnaz Herbals.
According to Sharik Currimbhoy, vice president, Shahnaz group of companies, “We expect to get a share of 20% of this market which is to the tune of Rs 160crore by 2010-11.”
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First Published: Fri, Sep 07 2007. 10 48 AM IST