Benjamin Franklin once said, “Energy and persistence conquer all things.” You will find echoes of that idea as you read this edition of Direct Selling News.
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DSA Membership: Perpetuating the Collaborative Culture of Direct Selling
by kgarcia@videoplus.com • • 0 Comments
Like every industry, direct selling companies must compete for business, making product development, marketing and sales a highly competitive proposition, particularly at organizations that have business lines in common.
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Union asks refinery workers to strike after talks break down
by Successful IBO • • 0 Comments
The United Steelworkers Union is calling for a strike at nine refineries mostly in Texas and California after it says negotiations with Shell Oil Company broke down less than two weeks after they began.
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Baby Boomers Flock to Entrepreneurship
by Successful IBO • • 0 Comments
Adults over the age of 50 comprise one of the fastest-growing groups of entrepreneurs in the United States. Among those people who don’t currently own a business, baby boomers are twice as likely as millennials to say they plan to start a business in the
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Vince Reed – Top Internet Marketer Interview
by Ted Nuyten • • 0 Comments
Vince Reed from Los Angeles, California, USA is the founder of My Internet Traffic System – the Home Business Training System for top earners.
After not being able to sponsor a single person into his first network marketing business for 6 months, Vince Reed created a system that allowed him to personally sponsor over 1,232 people personally. That same organization grew to over 20,000 distributors.
After this success, Vince decided to create a lead generation training company to teach other online marketers, direct sales reps and network marketers how he did it. It was important to him to prove that a business model that was built on home meetings and talking to friends and family could also work using the internet.
Knowing that most traditional network marketers are not the biggest fans of internet marketers because most seem to over complicate things, Vince was determined to keep it simple. That is why he launched www.MyInternetTraffficSystem.com (MITS) in November of 2013. MITS has generated millions of dollars in revenue and pays out hundreds of thousands of dollars in commissions every month to over 3,000 members.
Vince Reed now speaks at some of the best live events in the industry and even hosts his own events
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Organic Personal Care Products Market to Reach $13.2 Billion By 2018 – Amway And Arbonne Among Major Players
by Tina Williams • • 0 Comments
According to recent report by Transparency Market Research, in 2012, the global organic personal care products market was worth an estimated US$7.6 billion and is anticipated to grow to reach a value of US$13.2 billion by 2018.
The report, titled ‘Organic Personal Care Products Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018′, also indicates that the market for organic personal care products will expand at a compound annual growth rate of 9.6% over the forecast period of 2012 to 2018.
The research report segments the Organic Personal Care Products Marketon the basis of product and region. Compared to the product-wise segmentation, the organic personal care products market is rather fragmented when it comes to geography.
The main product segments that comprise organic personal care products are cosmetics, oral care, hair care, skincare, and others. Accounting for 32.1% share of the total demand, skincare products segment led the organic personal care products market in 2011, with hair care and cosmetics segments following suit. Revenue-wise, the organic skincare products segment is anticipated to register a CAGR of 9.9% over the course of the forecast period.
Regionally, the global market for organic personal care products is segmented into North America
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Tupperware’s 4th Quarter Results In: Revenue Down $37 Million
by Tina Williams • • 0 Comments
Tupperware’s fourth-quarter profit fell as sales softened, but its performance beat analysts’ expectations.
Its stock rose more than 5 percent in Wednesday premarket trading.
The Orlando, Florida-based company earned $82.3 million, or $1.63 per share, for the period ended Dec. 27. That compares with $89.7 million, or $1.74 per share, a year earlier.
Earnings, adjusted for non-recurring costs, were $1.72 per share.
The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.
Tupperware’s stock added $3.27, or 5.5 percent, to $63.01 before the market open.
The direct seller of plastic storage containers and cosmetics said that revenue declined to $679.9 million from $717.1 million. This still managed to top the $664.3 million that analysts polled by Zacks predicted.
For the year, Tupperware Brands Corp. earned $214.4 million, or $4.20 per share. Adjusted profit was $5.38 per share. Annual revenue totaled $2.61 billion.
Tupperware expects full-year adjusted earnings in a range of $4.90 to $5 per share. It predicts first-quarter adjusted earnings between 98 cents and $1.03 per share.
Analysts polled by FactSet expect full-year earnings of $5.21 per share and first-quarter earnings of $1.12 per share.
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Stella & Dot Family Brands CEO And Founder On “Undercover Boss”
by Tina Williams • • 0 Comments
Stella & Dot Family Brands CEO and Founder Jessica Herrin will be featured on CBS’s hit series “Undercover Boss,” airing tonight, January 30, 2015 (8:00-9:00 PM, ET/PT) on the CBS Television Network. Stella & Dot is the first “Social-Selling” company to be featured on the show.
Going undercover as “Nicole,” Herrin visited with four key functions within the Stella & Dot organization. As the accessories company plans for an expansion into a Family of Brands this year, Herrin had the opportunity to go undercover to experience different aspects of the organization and ensure that everyone is set up for success as the business readies for their next stage of growth.
Herrin traveled to three offices outside of her San Francisco Headquarters to roll up her sleeves and work in the front lines of the company; she visited the Groveport, Ohio Distribution Center to learn the order fulfilling process, she traveled to New York City’s Design Studio to learn what goes in to the intricate techniques of creating jewelry, and she spent time in the Delight Center in Scottsdale, Arizona to work with the team on fielding customer and sales force inquiries.
She also traveled to the Midwest to learn more about the Independent
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Immunotec Announces End Of Year Financial Results: Revenue Increased Over 47%
by Tina Williams • • 0 Comments
Immunotec Inc. (IMM), a direct-to-consumer company and a leader in the nutritional industry (the “Company” or “Immunotec”), today announced its year-end consolidated financial results for Fiscal 2014. All amounts in this press release are denominated in Canadian dollars unless otherwise indicated.
“We are pleased to report record full-year revenues and Adjusted EBITDA(1) in Fiscal 2014 fuelled by solid growth in our activities outside of Canada and operational leverage,” said Mr. Charles L. Orr, Chief Executive Officer. “We are currently addressing some challenges related to our recent implementation of value-added taxes (VAT) in Mexico.
More importantly, a growing number of consultants and customers throughout the world are experiencing the tangible benefits of Immunotec’s products and the business opportunities provide by our business model,” concluded Mr. Orr.
PERFORMANCE HIGHLIGHTS
Fiscal 2014 consolidated revenues increased 47.5% over the same period last year to $80.8M. This increase was recorded consistently throughout the year in both Mexico and the rest of North America, totalling 92.9% and 12.9%, respectively.
Sponsoring, defined as the number of new Consultants and Customers, increased 85.2% over the same period last year to nearly 64,000 in Mexico while the rest of North America, increased 26.7% to nearly 20,000.
About Immunotec Inc.
Immunotec is a Canadian-based Company that
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Thirty-One Brings its Totes and Accessories to Alberta, Canada
by mbeeman@directsellingnews.com • • 0 Comments
On the heels of its success in Ontario, Thirty-One Gifts’ first Canadian province, the company is expanding the sale of its products into Alberta.