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Monthly Archives: January 2016
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Natural Health Trend 2015 Q4 – Up 108% To $73.6 Million
by Nicole Dunkley • • 0 Comments
Natural Health Trends Corp. (NASDAQ:NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced its fourth quarter 2015 estimated revenue.
The Company estimates total revenue for the quarter ended December 31, 2015 to be $73.6 million, which represents an increase of 108% compared to $35.4 million in the fourth quarter of 2014.
The Company estimates that its deferred revenue at December 31, 2015 was $4.0 million, compared to $4.5 million at September 30, 2015. At December 31, 2014, deferred revenue was $2.7 million, compared to $2.9 million at September 30, 2014.
“In the first few days of the New Year, our stock was caught up in the selloff in the Chinese and other stock markets around the world.
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Youngevity International Adds Scott Salik As VP Of Global Content
by Nicole Dunkley • • 0 Comments
Youngevity International, Inc., a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, announced today that Scott Salik has been added to its executive team in the position of VP of Global Content.
Mr. Salik is an award-winning media executive with a track record for producing effective branded multi-language, multi-country content and live events from concept to completion.
Dave Briskie, President and CFO of Youngevity, said, “We are so fortunate to add Scott Salik to our executive team. His track record for integrating state-of-the art technical and creative innovations to maximize content value, enhance user engagement and grow brands is unmatched in our industry. He has already impacted our business with the launch of the Youngevity Virtual Meeting
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Elken To Open Into The Philippines Market
by Nicole Dunkley • • 0 Comments
Leading Malaysian direct selling company Elken is tapping into growth in the Asia Pacific region with its forthcoming entry into the Philippines.
The company coordinated a soft launch in the Philippines in December 2015, hosting public events to introduce its business model and extensive range of products.
The Elken product line, number more than 500 across the categories of cosmetics, personal care, wellness, food and beverage, and home care. An organic spirulina supplement and water purification system are among the company’s top-selling products.
The Philippines is one of the fastest-growing direct selling markets in the world, according to research by the World Federation of Direct Selling Associations. From 2011 to 2014, constant dollar revenue from direct sales increased at a compound annual growth rate (CAGR) of 17.6 percent, outpaced only by growth in China and
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Pure Romance Acquires Passion Parties
by Nicole Dunkley • • 0 Comments
Pure Romance, America’s largest and fastest growing direct seller of intimacy products, is now the leading provider in the United States and Canada with the acquisition of Passion parties and thousands of Consultants are expected to join the company.
The acquisition is expected to increase sales by nearly 20% annually and will also add new regions for the company, including Canada. This is the second major acquisition in the last two years to grow the organization to more than 25,000 Consultants representing the organization.
Which started as a small business in the basement of founder Patty Brisben’s home in Milford, Ohio 20 years ago. In 2014, Pure Romance acquired Slumber Parties. This acquisition is a key component of Pure Romance’s long-term growth strategy and enables the company to expand its network of Consultants and customers
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JD And Ronni Phillips Achieve Elite 3 At Modere
by Ted Nuyten • • 0 Comments
JD and Ronni Phillips are celebrating their 10-year anniversary in network marketing and they are doing so at their new home, Modere, where they have achieved the highest rank possible of Elite 3 Social Marketer.
“Years ago life was jam packed with raising twins, full-time careers, and community involvement,” said Ronnie Phillips. “A friend approached us about trying some product and considering the possibility of building a network.
We knew network marketing would be something we could only do part-time, so we created a plan to build this business in the cracks of our life.”
The secret to their success was to schedule the time to build their business like most people would schedule an appointment with a doctor or hairdresser. Their advancement to Modere’s highest Elite rank is a testament to the fact
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First Book by Stella & Dot CEO Jessica Herrin Coming in May
by mallen@directsellingnews.com • • 0 Comments
Chief executive Jessica Herrin is a mentor to thousands of entrepreneurs at Stella & Dot Family Brands, the company she founded in 2007, but her insights on life and business will find a wider audience in a forthcoming book.
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4 Rookie Errors That Stunt Your Online Business
by Kimanzi Constable • • 0 Comments
A remarkable number of things on every entrepreneur’s to do list really don’t do very much to build their business.
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How the Significant Objects Social Experiment Proved the Economic Value of Storytelling
by Michael Brenner • • 0 Comments
Want to drive sales? Dump the big data, and start telling stories your customers can really connect to emotionally.
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The Top 7 Legal Documents for Every Startup
by Matt Faustman • • 0 Comments
Put each of these in place sooner than later to avoid costly legal battles down the road.