More than half of consumers (55 per cent) follow their parents and other relatives when deciding where to bank, according to a global study conducted by customer engagement specialist Affinion. The influence of family came above advertising (49 per cent) in the study which measures the drivers of customer engagement in the financial services industry. Friends were
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Act now to prepare for new HMRC digital tax system
by Owen Gough • • 0 Comments
Businesses in the South West should take urgent action ahead of the government’s sweeping changes to the digital tax system. That’s the advice from chartered accountants Thomas Westcott, ahead of the introduction of the new Making Tax Digital regime. Making Tax Digital is an HMRC initiative to compel businesses to keep digital records and file
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Number of companies in UK passes four million milestone for first time
by Owen Gough • • 0 Comments
New figures just out show that the number of companies in the UK has reached a record high – breaking the four million threshold for the first time. At the end of February 2017 there were 4,005,093 companies and similar businesses registered in the UK – London leading the way with 1,082,600. Scotland is home
The post Number of companies in UK passes four million milestone for first time appeared first on Small Business.
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LifeVantage Appoints Charles J. Wach As Chief Operating Officer
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN), – a Triple A classified opportunity by Business For Home – announced today the appointment of Charles J. Wach as Chief Operating Officer, effective March 13, 2017.
“We are pleased to have Charles ‘Chuck’ Wach join the company as COO,” said LifeVantage President and Chief Executive Officer, Darren Jensen.
“He is an accomplished leader with operations experience in the nutritional supplement, direct selling, online retail, and global food and beverage industries.
His proven skills will help us to enhance our operations and deliver shareholder value. Additionally, Chuck’s supply-chain expertise and relationships with suppliers and manufacturers across salient product categories will expand our sourcing and manufacturing resources, broadening our supply chain and increasing efficiencies.”
“I am genuinely honored and excited to join the talented leaders at LifeVantage,” said Wach. “I look forward
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QNET Wins 2016 Sitecore Experience Award
by Ted Nuyten • • 0 Comments
QNET today announced that it has received the award for Omnichannel Automation: Best E-Commerce Experience at the Sitecore® Experience Awards 2016 for Asia.
Every year, Sitecore, the global leader in customer experience management, honours its customers and their partners who thoroughly demonstrate how their Sitecore solution delivers an outstanding experience for customers and their respective organisations.
The category of best E-Commerce Experience that QNET won, recognises organisations that deliver a seamless, integrated e-commerce experience that makes the online browsing, product selection, purchasing and post-purchasing process seamless, helpful, and relevant.
QNET showcased personalised product suggestions, an omni-device shopping experience, and optimisation strategies in improving shopping cart conversions. With Sitecore Commerce’s native capabilities such as catalogue, inventory, pricing, discount, and promotion management, and shopping cart interactions, the QNET corporate team can now implement and manage
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Jafra Cosmetics Appoints Clint McKinlay As VP Sales
by Ted Nuyten • • 0 Comments
JAFRA Cosmetics International, Inc. is pleased to announce Clint McKinlay as the new Vice President of Sales Development for International Markets.
McKinlay will provide support and guidance to markets in Brazil, Indonesia, Central Europe, Italy and Russia, working to build a strong consultant salesforce while also helping to define the commercial model for markets in new countries.
He will report to JAFRA Chief Executive Officer, Mauro Schnaidman, in addition to acting as a member of the JAFRA Executive Committee.
McKinlay comes to JAFRA from Shaklee Corporation, a billion dollar direct sales company that focuses on healthy lifestyles. There, he served as the Vice President of Field Development, responsible for revenue generation and growth, worldwide annual conferences, field training programs, and field communications.
Prior to Shaklee, McKinlay was the National Director of Field Development &
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Network marketing Is Growing Increasingly Popular In Iran
by Ted Nuyten • • 0 Comments
According to an article in Middle East based magazine almonitor.com, Network marketing is growing increasingly popular among young Iranians:
“As a business model, network marketing has been present in Iran since 2009. To generate substantial revenues, each marketer must recruit sellers to his or her network.
In theory, if each marketer recruits two people as sub-marketers, and each of these individuals in turn recruits two more marketers, the original marketer will earn commissions from four people on the second tier. The arithmetic is straightforward: eight earners on the third tier, 16 earners on the fourth tier, and so on.
In other words, there is room for exponential growth if the number of earners on different tiers keeps increasing. In the United States, companies that fall under the network marketing umbrella include brands such
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AdvoCare Distributors File Lawsuit
by Ted Nuyten • • 0 Comments
According to USA – based magazine The Dallas News 2 former distributors of nutritional supplements from AdvoCare filed suit this week in federal court claiming they lost thousands of dollars in the deal and alleging that the sales program is essentially a pyramid scheme:
Lisa Ranieri of Virginia and Megan Cornelius of California said they each “lost thousands of dollars trying to be a successful distributor,” according to the suit, filed in the Northern District of Texas.
Lindsay Bomar, an AdvoCare spokeswoman, said the company “unequivocally [is] not operating a pyramid scheme.”
“We vehemently dispute all of the claims” about the product and the business model. AdvoCare, a big supporter of NASCAR racing, sells nutritional and weight-loss supplements through direct marketing. That’s a business model in which distributors are paid in part based on
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Top Leader Bas Bunge Speaker At The European Direct Selling Congress
by Ted Nuyten • • 0 Comments
Bas Bunge, 23 from the Netherlands, is a young succesfull professional networker. Lived in the USA and was introduced to a health & wellness company 2012. Built an international organization of 1,500 people in the US & Europe.
Earned 6 figures and became top 25 in Europe for the company. Mid 2016 partnered up with his second company
Produced over $60,000 in monthly sales for the company within 90 days, which covered leaders in the United States & many countries in Europe.
Recently, expanded his business into the Asian Market. Travels all over the world .
Meet Bas Bunge live at the European Direct Selling Congress in Amsterdam the Netherlands
This kind of quality training is often only available in the USA; and now for Once-In-A-Life-time, coming to Europe – The Netherlands.
VIP and Early Bird tickets can
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Interview With Edgard Martinez – Director Of Customer Support At i-Payout
by Ted Nuyten • • 0 Comments
i-payout – formally known as International Payout Systems, Inc. – provides global payment transmission and management services. A fair percentage of them are in the direct selling business.
i-payout is in its tenth year as a leading provider of comprehensive and integrated global payment services. They are headquartered in Fort Lauderdale, Florida, U.S.A
The company provide payments using local currencies in 98 countries and provide commission payouts, via eWallets, prepaid cards, bank transfers, paper checks and bank wires in over 150 countries. Ultimately, they are a software logistics company.
Their agile and fully-customizable platform simplifies global commerce and the financial transactions that fuel it.
Ted Nuyten had the honor to interview Edgard Martinez:
Edgard, tell me a little about yourself.
Well, I have to confess – I’m a Customer Care fanatic! I believe there has been an