The Direct Selling Leadership & Compliance 2024 (DSLC) Summit in Austin, Texas, concluded this past February, leaving a wealth of valuable insights for industry leaders.
This year’s summit focused on navigating the evolving legal landscape of direct selling. With compliance remaining a top priority, sessions tackled critical issues, explored best practices, and offered valuable strategies to navigate the complex world of direct sales regulations.
Here are a few key takeaways that will undoubtedly influence future product development and customer support efforts for companies:
- The Rise of Tech-Enabled Compliance: Speakers highlighted the increasing emphasis on technology to ensure compliance across all aspects of a direct selling business. From automated compliance checks within software platforms to data analytics for identifying potential risk areas, technology is rapidly changing the compliance game.
- Data Security and Privacy Concerns: Data security and privacy discussions were prominent. With stricter regulations emerging globally, understanding customer data protection remains paramount.
- The Power of Proactive Compliance: The Direct Selling Leadership & Compliance Summit emphasized the importance of a proactive approach to compliance. Going beyond basic adherence to regulations, fostering a culture of compliance within your organization is crucial.
- The Evolving Regulatory Landscape: The direct selling industry is subject to constant change, often driven by evolving regulations. Keeping abreast of these changes can be a challenge. The Direct Selling Leadership & Compliance Summit offered insights into the most recent regulatory updates and guided navigating potential future changes.
Looking Forward:
The Direct Selling Leadership & Compliance Summit served as a valuable platform to connect with industry leaders and gain valuable insights into the current state and future of the direct selling industry.
Interested in learning more?
Contact Jenkon today to discuss how our software can help you navigate compliance challenges, streamline operations, and achieve your growth goals.