Hot Business News Today

New Direct Selling Company Targets Latinas

 
A new direct selling company targeting Hispanic women in America has launched this week.
A 100% Latin owned American company, Tissini is based out of Miami, Florida and offers women’s jewelry, exclusively designed for the U.S. Hispanic women also known as “Latinas.”
TISSINI wants to give Hispanic women the possibility to generate an additional income stream through a simple hassle-free method for selling fashion accessories. Doing away with a complex compensation plan, Tissini is keeping things simple. TISSINI’s customers have the opportunity to earn 50% of what they sell, period. This simple yet bold business model is primarily offered to women.
Why women? TISSINI’s slogan, “Crea tu Mundo” means “Create your World” and speaks directly to Latinas, who are driven women that strive to improve their own lives and particularly the lives of their families.
This

Read more...

DSA Reacts to Article About Decline of Direct Sales in USA

The Direct Selling Association (DSA) has reacted to an article in The Columbus Dispatch about CVSL company Longaberger’s recent troubles, where an analyst was quoted as saying:

“In our view, the Internet offers a more efficient and lower-cost distribution channel than catalogs……Direct selling, while a great source of part-time income for many, is a slowly dying business model…”

Joseph Mariano, President of the DSA has written the following letter to The Dispatch.
 
The direct-selling channel in the United States is healthy and continues to grow, contrary to the view expressed in May 17 Dispatch article “Basket maker Longaberger Co. has its critics.”
The proof is in the numbers: Direct selling generated more than $32 billion in revenue in 2013, up from $31.6 billion in 2012 and $29.8 billion the previous year. Ohio realized just over $1

Read more...

British Skincare Entrepreneur Launches New Direct Sales Company

 
Despite efforts to boost female entrepreneurship, women account for just 17% of business owners in the UK today. That’s part of the reason Nancy Cruickshank, a serial tech entrepreneur, launched MyShowcase, a health and beauty businesses that’s helped hundreds of women launch their own ventures.
Cruickshank previously ran the womens’ portal Handbag.com, where she discovered an appetite among women for more support for starting their own companies.

‘Largely they were talking about fashion and consumer related stuff, but also I noticed there was a lot of discussion on other subjects,’ Cruickshank tells MT. ‘There were two things that really interested me. One was ‘can you give me advice about how I can get X business off the ground?’. The other thing was this desire by women to find a more flexible way to work.’

That

Read more...

China’s Direct Sales Market Growing 30% Annually

 
China’s direct sales market began with the entry of Avon in the 1990s. But the industry plunged into chaos with rampant pyramid schemes, prompting the government to ban the industry altogether in 1998. The ban was lifted in 2005.
Since the ban was lifted, direct marketing has expanded rapidly, with an average annual growth rate of 30 percent. China’s direct sales market is likely the world’s third or fourth biggest behind the United States, Japan and possibly South Korea, said Hu Yuanjiang, executive director for direct selling at China Health Care Association.
After 2005, the industry grew to employ 2.3 million salespeople within seven years. In 2012, the country had 32 licensed direct selling companies with combined sales of nearly 20 billion yuan ($3.2 billion), according to the Chinese Commerce Ministry.
The growth can be

Read more...