Tag Archive for China

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NuCerity Appoints Greater China Sales & Marketing Director

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NuCerity has announced the appointment of Eris Ching as the Sales and Marketing Associate Director for NuCerity Greater China.
Under the direction of Shawn Larsen, Vice President of Asia, Eris will oversee the markets of Hong Kong, Mainland China, and Macau and will manage all business strategy, sales, and marketing functions in these regions.
Throughout his 10 years in the network marketing industry, Eris has served in a variety of capacities, including customer service, operations, sales, and marketing. He also succeeded in launching new markets with some highly successful U.S.-based network marketing companies. Eris’s proven track record of sustained business growth within Greater China will be a valuable asset to NuCerity.

“I have a great love and passion for network marketing,” Eris said. “I am very excited and look forward to working with the quality

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Amway’s Made In America Is In High Demand In China

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Wall Street Journal reports: Amway Corp. is betting that a “Made in the U.S.A.” label will hold its appeal with consumers in Asia.
The direct seller is spending $200 million on four new factories and a new research lab in the U.S., including a new plant in its home state that will make soft-gel casings for dietary supplements and other pill products. 
The investment comes even as the company sees some of its fastest growth in emerging markets far from its headquarters in Ada, Mich. Manufacturing in the U.S. for buyers in Asia adds costs to Amway’s supply chain and up to three weeks to the time it takes to bring a product to market. That can make it difficult to respond to fast-changing consumer tastes. 
But the company hopes those disadvantages will be outweighed

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Amway Makes Major Social-Media Push

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Amway Corp., a U.S.-based direct-selling company, has announced plans to expand into China’s online retail sector, as the world’s largest direct selling company in terms of sales seeks better options to increase its revenues and lure younger customers in the country, the China Daily reported.
The $10.8-billion direct-selling company made the announcement about digital strategy on Aug. 2 in Guangzhou, Guangdong Province. The company also expressed willingness to launch an online social networking platform and mobile applications, as a move to go beyond its existing offline direct-selling market.
According to the report, the company’s sales representatives can purchase products through the social networking platforms and the company will be responsible for delivering the goods to their consumers.
Frances Yu, the company’s chief marketing officer, said that the online method has been tested by the company

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China’s Direct Sales Market Growing 30% Annually

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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

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China’s Tiens Group makes $1.16 billion in 2014

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Chinese Direct Selling giant Tiens Group is treating more than half of its 12,000 employees to a four-day holiday in France and has booked up 140 hotels in the capital Paris as part of the package.
Tiens Chairman Li Jinyuan is leading the 6,400 strong group which includes a mass visit to the Louvre museum and they are expected to spend 13 million euros (US$15 million) in total. The 57-year-old Li Jinyuan is listed on Forbes’ billionaires list.
In China, Tiens sells its products through some 100 branch offices and chain stores of affiliate Tianshi Engineering. Outside of China, it sells products through independent distributors through subsidiary Tianshi International and majority-owned Tiens Biotech Group USA Inc.
Tiens was ranked No.15 on the DSN Global 100 list with revenues of 1.16 billion in 2014.
 

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China’s Unveils New Version of Direct Selling Business License

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China’s Ministry of Commerce (MOFCOM) has released a new version of the Direct Sales License. Companies holding the current 2006 version of the Direct Sales License may choose to switch over to the new license.
In China, companies that sell their own products to consumers (i.e. without going through a distributor or wholesaler) need to obtain the Direct Sales License with the local branch of MOFCOM and the Administration for Industry and Commerce (AIC). The license shall be issued within 90 days from the date of receipt of the application form.
China is currently ranked No.2 in the global direct selling market contributing 23.3% sales to global industry revenues, according to Direct Selling News billion-dollar markets report. Global estimated retail sales topped US$178 billion in 2013, up 8.1 percent from 2012, according to the most recent data from the World Federation

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NHTC Posts $6.7 million Profit in Q1

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Natural Health Trends Corp.(Nasdaq:NHTC), a leading direct selling company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced financial results for the quarter ended March 31, 2015.
First Quarter Highlights

Total revenues increased 76% to $40.7 million, compared to $23.2 million in the first quarter last year.
Revenue from Hong Kong operations, which represents 92% of total revenue, increased $16.9 million, or 83% over last year
Revenue outside of Hong Kong increased $619,000, or 23% over last year
Operating income increased 122% to $6.9 million, compared to $3.1 million in the first quarter last year.
Net income was $6.7 million, or $0.54 per diluted share, compared to $3.1 million, or $0.26 per diluted share, in the first quarter last year.
Total number of active distributors increased 14% to 62,010 at

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Does Avon And Mary Kay Test On Animals?

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According to Snopes.com – the answer isn’t a clear yes or no: 
Animal Testing Resumes For Avon, Mary Kay, And Estee Lauder. Someone has posted this on Facebook and some are claiming it isn’t true. Can you verify this?
  
Origins:   In March 2015, a rumor claiming that cosmetic companies Avon, Mary Kay, and Estee Lauder had resumed animal testing started circulating again on social media sites, stemming from an article published by the Dog Files web site in 2012:
Animal testing for cosmetics is a hot topic in the beauty industry, with most consumers and many companies deciding to avoid products made with animal testing. After more than two decades following a no testing on animals policy, cosmetics giants Avon, Mary Kay, and Estee Lauder have resumed the practice without letting consumers know. 
According to a press release from Rush

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