Tag Archive for MLM Facts

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Melaleuca – 130,000 New Customers in January 2016

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According to Frank VanderSloot’s Twitter account, the CEO of Melaleuca, the company got 130,000 new customers in January 2016.
Frank L. VanderSloot is CEO of Melaleuca, Inc. in Idaho Falls, Idaho, USA.
Since the company began in September of 1985, VanderSloot has directed its growth into an international company that generates more than $1 billion in annual revenue.
This is done through a sales force reaching hundreds of thousands of households across North America, Taiwan, Japan, Korea, China, Malaysia, Singapore, Australia, Hong Kong, New Zealand, Germany, Austria, the Netherlands, Ireland, and the United Kingdom.
Frank VanderSloot on Twitter:

“Over 130,000 new customers in January! Best growth month in our 30 year history! We’ve been discovered! People love our wellness products!”

About Melaleuca

Melaleuca. Not exactly an ordinary name. Then again, Melaleuca isn’t exactly an ordinary

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Amore Pacific Group’s Annual Sales Total $4.68 Billion In 2015

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South Korea’s top cosmetics maker AmorePacific Group said its sales in 2015 jumped 20.1 percent on-year to 5.66 trillion won (US$4.68 billion) and its operating profit stood at 913.6 billion won (US$755.67 million), up 38.6 percent.
Thanks to its cosmetics subsidiaries’ growth in markets at home and abroad, the group’s sales and operating profits showed strong growth.
As duty-free sales amounted to 1 trillion won (US$827.13 million) due to the increase in foreign travelers, it helped push up domestic sales. Based on strong growth of its major high-end brands, such as Sulhwasoo, Hera and Primera, the share in the department store channel also increased.
For overseas cosmetics business, the group saw high sales growth in the markets in Asia and North America, leading strong growth.
In Asian markets, AmorePacific increased its sales by 51.5 percent

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Amway Reports 2015 Sales Of $9.5 Billion – Down 12%

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Amway today announced sales of $9.5 billion USD for the year ending Dec. 31, 2015, a decline of 12 percent when compared to 2014 figures. 
The direct seller saw constant dollar sales growth in 70 percent of its top 20 markets but, like many international companies, experienced soft sales in China and unfavorable currency exchange rates that negated gains. 
“We experienced growth in seven of our top 10 markets and emerging markets in Latin America and elsewhere continue to perform well,” said Steve Van Andel, Amway chairman.
“Several markets achieved record sales levels in 2015 with others producing their best performance in some time.  An increasingly competitive environment in China and unfavorable currency exchange rates mask a positive year overall for Amway globally.”
The company experienced notable growth in legacy markets like the United States,

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Dr. John Agwunobi Joins Herbalife As Chief Health And Nutrition Officer

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Herbalife Ltd. has tapped a former U.S. Department of Health and Human Services (HHS) official, Dr. John Agwunobi, to serve as Chief Health and Nutrition Officer.
From 2005 to 2007, Agwunobi oversaw the nation’s disease prevention and health promotion programs as the department’s Assistant Secretary of Health. As such, he headed up the Centers for Disease Control, National Institutes of Health, and the Food and Drug Administration, among other HHS offices.
Agwunobi also brings extensive private sector experience, having served as Senior Vice President and President of Health and Wellness for Walmart in the U.S., providing insights on health reform, public health advocacy and employee wellness.
During his tenure at the retail giant, annual revenue increased from $25 billion to $30 billion. He also sits on the board of a number of nonprofit and

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Grand Blue Diamonds Johnny And Sophie Chung Return To Talk Fusion

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Over the past year, Talk Fusion has been quietly enhancing their business model to feature a revolutionary “Try Before You Buy” 30 Day Free Trial program. During that same time, something else revolutionary has been taking place, something almost unheard of in the network marketing industry: former top leaders have been returning to the company in record numbers.
In 2012, Independent Associates Johnny and Sophie Chung were experiencing noteworthy success at Talk Fusion; they were climbing the ranks quickly, and soon their achievements earned them the highly respected rank of Grand Blue Diamond. That gave them both the time freedom and financial freedom to pursue their dreams. It turned out that one of Sophie’s dreams was to create a network company for musicians; they called it “the world’s fastest artist discovery platform.”
So they

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Young Living Exceeds $1 Billion In Annual Sales

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Young Living Essential Oils, LC, is now one step closer to realizing its vision of bringing essential oils to every home, announcing today that 2015 sales surpassed $1 billion.
This significant milestone reflects the passion of its millions of members, unmatched product innovation, and the leadership of CEO Mary Young and founder and essential oil pioneer D. Gary Young.
“We celebrate this milestone with sincere gratitude to our dedicated members, who work tirelessly to bring the purpose-driven benefits of Young Living to people around the world,” says Travis Ogden, Chief Operating Officer.

“We truly believe Young Living offers unmatched opportunities to make a real difference in the lives of millions.”

The explosive growth in recent years reflects the increasing acceptance of essential oils, pioneered by Young Living, under the leadership of D. Gary Young,

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MLM Companies Cannot Require Their Participants To Buy Inventory

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Thomas Ritter is an associate attorney at Thompson Burton. His practice area focuses primarily on business transactions and direct selling law. As MLM attorney has published an awesome article about the “Pay to Play” dilemma in MLM or Network Marketing.
The short version: Companies cannot require their participants to buy inventory as a condition to participation…..
Thomas Ritter:
“When I sense a gap in the industry’s understanding on an issue, I see it as an opportunity to learn more and write content that sets the record straight.
I’ve been fielding a lot of questions lately on the subject of whether a company can require monthly product purchases as a condition for pay plan qualification. When I give the answer, I’m sometimes met with surprise.
They’ll often say, “They’re doing it over here and over there…..are you telling

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CVSL Announces Name Change, Provides 2015 Q4 Revenue Estimate

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Direct selling conglomerate CVSL is entering the new year with a new name, the company announced Wednesday.  In a preview of its fourth quarter earnings, Texas-based CVSL said it will begin operating under the name JRJR Networks.
When the paperwork is in order, the company’s common stock will trade under the symbol JRJR on the NYSE MKT.
“We inherited the CVSL name when we acquired the company three years ago,” the junior Rochon said in a statement. “We have always intended to change our name at the appropriate time, to give us a unique identity. Now that we have grown to encompass 10 companies, doing business across the globe as a ‘network of networks,’ the time has come to assert our new identity.”
CVSL’s stable of direct-to-consumer brands includes basket and home decor seller The

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ConMed Announces 2015 Q4 – Sales Down 2% To $191 Million

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CONMED Corporation (Nasdaq:CNMD) today announced financial results for the fourth quarter and fiscal year ended December 31, 2015.
Fourth Quarter 2015 Highlights

Sales were $191.0 million, a decrease of 2.0% compared to the fourth quarter of 2014. On a constant currency basis, sales increased 0.5% over the prior-year period.
Gross margin expanded 30 basis points year over year to 53.6%. Adjusted gross margin expanded 80 basis points year over year to 55.1%.
Diluted earnings per share (GAAP) were $0.28, compared to $0.41 in the fourth quarter of 2014. Adjusted diluted earnings per share were $0.52 versus $0.53 in the prior-year period.
Signed definitive agreement to acquire SurgiQuest, Inc., which significantly bolsters CONMED’s Advanced Surgical portfolio. The transaction closed on January 4, 2016.

Fiscal Year 2015 Highlights

Sales were $719.2 million, a decrease of 2.8% compared to the full-year 2014.

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Viridian To Accelerate Growth With New Solar Partner

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Viridian’s parent Crius Energy LLC is marking a milestone in the business. The company’s solar energy sales have topped 50 megawatts in the past two years, supplying clean solar power to nearly 7,000 customers.
Crius closed out the third quarter of 2015 with a 90 percent year-over-year increase in megawatts of generating capacity sold, driven primarily by direct selling subsidiary Viridian Energy. The Stamford, Connecticut-based company is looking to accelerate that growth through its partnership with Sungevity, a solar provider with operations in the U.S. and Europe. The contract secures more favorable terms and a higher profile for Crius than a prior agreement with SolarCity.
“The solar energy market represents a high-margin opportunity for Crius, having contributed 10 percent to our EBITDA last year,” Crius CEO Michael Fallquist said in a statement. “We look

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