Amway Corp. announced sales of $10.8 billion for 2014, a 10 percent decline that company officials blamed on lower revenues in China and fluctuation in foreign currency exchange rates.
“While 2014 revenues are lower than 2013, the company continues to exhibit strong long-term growth,” the company said in an announcement released Wednesday, Feb. 4.
“Amway has grown by 68 percent in the last decade and achieved sales growth in 13 of the last 15 years,” the company said. “In China, results have been strong as well – with growth rates over the past five and 10 years of 27 percent and 45 percent, respectively.”
Privately held Amway does not release its sales figures by country, but China is generally regarded as its largest market.
Considered the world’s largest direct sales company, Amway sells nutrition, cosmetics, home care, and durable products through a global multi-level marketing system that includes more than 3 million independent distributors.
Amway employs more than 20,000 worldwide and 4,000 near its Ada headquarters and at its hotel properties in downtown Grand Rapids.
“Sales in 2014 reflect the significant efforts of Amway business owners and employees who continue to do well around the world, despite challenging operating environments found in several nations that are major markets
Monthly Archives: February 2015
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Medical Marijuana, Inc.’s Kannaway Appoints Wes Bishop To Field Advisory Council
by Tina Williams • • 0 Comments
Medical Marijuana, Inc.’s (OTC Pink:MJNA) Kannaway’s executive team is proud to announce the addition of Network Marketing leadership expert, Wes Bishop.
Bishop’s past military service with the United States Navy first introduced him to the importance of strong team dynamics and inspiring leadership.
After his military career, Bishop became a sales leader in a diverse range of industries including real estate, network marketing, and even the cellular industry. Bishop now has over 25 years of experience leading and developing dynamic teams.
“I joined Kannaway because this is the first time a product in the network marketing industry is changing the way people look at their own health and wellness. The Company is giving individuals the unique opportunity to not only empower themselves through entrepreneurship, but to also be a part of an historic movement rooted in education and improvement. They’re the ones bringing hemp back to America,” states Wes Bishop.
“We are excited to welcome Wes Bishop to the Kannaway family,” said Jeff Rogers, CEO of Kannaway. “He is an incredible leader who has built teams of thousands in Network Marketing. We couldn’t have selected a better man than Wes Bishop to lead our Dallas Regional Office. What he’s done there in
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Natura Cosmetics Gets A Sustainability Makeover
by Tina Williams • • 0 Comments
Natura Cosmeticos has long been considered a leader in sustainability, known for materials and marketing innovations that aim to reflect its tagline of “well being/being well.” The Brazilian cosmetics maker has been recognized by organizations such as Corporate Knights, the U.N. Environmental Program, SustainAbility and the Boston Consulting Group.
For instance, as a founding member of the Union for Bioethical Trade, Natura has promised to source ingredients sustainably without harming biodiversity, including getting one-third of its raw materials from the Amazon.
The company is currently working on Programa Amazonia, a plan to inaugurate its Ecoparque — a 1.7-million-square-meter closed-cycle industrial complex in the Amazon region — in March. The company hopes to eliminate waste and guarantee a clean destination for biproducts from Amazonian fruits, oils and berries that are used to produce its cosmetics. The plan also will involve the application of innovations from process and product research.
“For example, we press the seeds from a certain palm tree or passion fruit and the rest is discarded,” said Renata Puchala, manager of Natura’s Amazonia Program. “At the other end, after we process the seeds, there is natural waste that needs a proper destination to close the full cycle.”
According to Puchala, Natura is in talks with other companies to form partnerships in
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West Coast port employers: Lockout could be just 5 days away
by Successful IBO • • 0 Comments
Employers could lock out West Coast dockworkers in as few as five days if the two sides do not reach a new contract.
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New Incentives Inspire Talk Fusion Russian Team For 2015
by Nicole Dunkley • • 0 Comments
Blue Diamond Artur Kachanov is a powerhouse of activity and motivation. He was already refocused on his Talk Fusion business for the start of 2015. But when Talk Fusion released their rebranded, redesigned Talk Fusion CONNECT video communication products and added even more incentives to their Instant Pay Compensation Plan, Artur’s excitement went off the chart—and he’s passing that energy along to his team of Associates.
“Talk Fusion has surpassed my expectations!” Artur says. “We already had a twice-a-year Dream Getaway incentive on the island of Maui, Hawaii and we could receive $600 a month to pay for the lease or purchase of our own C-class Mercedes-Benz. But now Talk Fusion will also buy us a new Mercedes-Benz when we reach a certain qualification. We can qualify for a Rolex watch, and receive diamond rings when we reach a certain milestone in lifetime earnings!”
As impressed as Artur was with new incentives and rewards, the appeal of Talk Fusion’s redesigned video products, including the release of the brand-new CONNECT Video Chat, made it obvious that the timing is perfect for the Talk Fusion opportunity.
“As the leader of a Russian-speaking team, I can tell people with 100% certainty that our products are essential!
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4Life South Korea Recaps Business Building Training
by Nicole Dunkley • • 0 Comments
4Life Korea recently held a business-building training in the Dodamsambong Hall at the Daemyung Resort in Danyang-gun, Chungcheongbuk-do. Approximately 500 4Life Diamonds and above gathered to learn successful strategies for business growth in the network marketing industry.
The event opened with a welcome speech from 4Life Korea General Manager Tony Lee. This was followed by a lecture and training session from Dr. Lee Young Kwon, a well-respected economics expert.
Top distributor leaders in attendance included Platinum International Diamond Dr. Jase Khyeam, and Gold International Diamonds Son Jae Min, Grace Chun and Lee Sun Woo, Kang Ok Nye, Hong Suk Eui and Kim Mee Joung, Choi Ki A, Park Mi Ae, Kwong Han Sung, and Ok M. Kim.
“4Life’s success is reliant upon the success of its distributors. None of us succeed alone. 4Life Korea provides these courses as a commitment to leadership training and distributor support,” shared Lee.
About 4Life
In 1998, 4Life Founders David and Bianca Lisonbee launched the company’s flagship immune system support product, 4Life Transfer Factor. As the first network marketing company to do so, 4Life’s leading group of doctors, scientists, and researchers continue to advance immune system science with innovations in product formulation, production standards, delivery methods, and more. Today, people
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Zija International To Host Educational Training
by Nicole Dunkley • • 0 Comments
Zija International will be holding an exclusive educational experience for those interested in learning how to successfully maximize the benefits of their various product divisions and the importance of utilizing the science behind the essential oils and nutrition products.
The event will showcase new findings about the cell activity and permeability of their Améo Essential Oils, presented by Zija’s Vice President of Research and Development, Dr. Joshua Plant. In addition to his new identifications of essential oils, he will describe new findings on the benefits of Moringa oleifera, a highly nutritious plant that is the basis of many of Zija’s products.
The training will be held on Thursday, February 5th at 7:00 p.m. at the Lehi, Utah, Thanksgiving Point Amber Room. The featured speakers are Zija’s Vice President of Research and Development, Dr. Joshua Plant, Zija’s Director of North American Sales, Jarom Dastrup, and some of Zija’s high-ranking Distributors, Mike McClean, John McGarry, McKenna Gordon and Jon and Daniela Raynes. For more information and details regarding the event, click HERE.
About Zija International
Zija International, a privately held and privately funded business founded by Kenneth E. Brailsford and run by Rodney Larsen, develops natural health, wellness, nutrition and fitness products. The company operates
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Will a Federal Sick Leave Law Send Small Business to the ICU?
by Successful IBO • • 0 Comments
I think that small business owners must sometimes feel like contestants in The Hunger Games, except that there’s never a winner. I say this because it seems like small business owners are always running around like crazy with a target on their backs.
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Possible deal in Portland, Pabst brouhaha over iconic sign
by Successful IBO • • 0 Comments
Portland has reached a possible settlement in its trademark dispute with Pabst, the beer rejuvenated by the city’s turn-of-the-century hipsters.
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Hawaii ethics panel fines state workers over free golf
by Successful IBO • • 0 Comments
Nine current and former Hawaii state employees accused of accepting free golf games from contractors and others doing business with their agencies have agreed to pay a total of almost $35,000 in administrative penalties.