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Monthly Archives: September 2018
Hot Business News Today
9 Top Entrepreneurs Share How They Pick Which Masterminds to Join
by The Oracles • • 0 Comments
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The Entrepreneur Behind a 10-Year-Old Company Shares a Simple Strategy That Will Get You Over Any Creative Block
by Nina Zipkin • • 0 Comments
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Why Living Alongside Your Customers Can Help You Develop Credibility
by Eric Siu • • 0 Comments
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5 Things 'Crazy Rich Asians' Teaches Us About Pursuing Our Passions
by Vickie Gould • • 0 Comments
I related to Rachel’s struggle to balance her American sensibilities with traditional Asian values.
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3 Lessons I've Learned in Krav Maga That Have Changed My Approach to Business
by Kristina Libby • • 0 Comments
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Amway USA 15% Retail Sales Not Compliant With The FTC Business Guidance For MLM?
by Ted Nuyten • • 0 Comments
The FTC consider any USA company with a network marketing compensation plan and retail sales below 51% as a Pyramid Scheme and regular attack smaller companies who are not compliant with the FTC Business Guidance For MLM.
In 2012 a Wall Street Journal reporter asked Doug DeVos and Steve Van Andel, in an interview:
What percentage of the products that Amway sells to the distributors, are resold to end-user customers who are not also distributors?
The Amway co-CEO’s told the Wall Street Journal that 50% of the sales that are made to distributors are resold to actual retail customers. The other half is not resold by the salespeople to anyone.
That seems to be not true, at least not for the USA…
Amway nowadays release the retail numbers at their achievers conference every year and have not gotten over 15% in the USA market.
Average is around 12-13% and Amway tries to improve those retail figures. International retail sales might be higher.
I am not after Amway, I am not trying to poke a bear, however as an international Direct Sales reporter in my opinion it’s a strange situation the FTC goes after smaller MLM companies and let a Network Marketing giant get away with minor retail sales for the past 25+ years.
Its measuring
Hot Business News Today
Dang Quang Thoai From Vietnam Achieves Emerald Rank With OMNIA
by Ted Nuyten • • 0 Comments
Dang Quang Thoai, known to everyone as Mr. Quang was born and raised in Vietnam. 13 years ago, at the age of 18 he was introduced to Network Marketing and was quickly convinced of the industries possibilities. This potential was exactly the power he had been looking for.
“During the first 10 years I really dedicated myself to the industry; through hard work and passion we created a network of over 30,000 in Vietnam alone.
It was in 2014 when I first learned about Cryptocurrency, and just like MLM, I was completely convinced on the future potential of this world changing technology.”
Mr. Quang’s success in MLM wasn’t immediately carried over into the world of crypto, however.
“I lost everything in the first 3 years. As in, I completely failed – not because of the lack of effort, but because we were completely scammed by every company we tried to work with.
Through perseverance and maintaining his belief in blockchain technology, Mr. Quang finally found the company he had been hoping for.
“Luckily, in August of 2017 I was fortunate enough to have the opportunity to work with OMNIA. What felt like a miracle happened in just 6 short months.
I created a powerful network of 4,000
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Rosy Rivera Achieves Diamond Rank With Vida Divina
by Ted Nuyten • • 0 Comments
Vida Divina, a global direct marketer of nutritional and healthy lifestyle products, announced today that Rosy Rivera has obtained the rank of Diamond.
Working with Vida Divina from the very beginning of the company in 2016, Rosy Rivera has reached Diamond rank in what anybody would deem as an example on how to make the best out of a chance. Rosy lives and works in Puerto Rico, just 20 minutes away from San Juan, and in the comfort of her home Rosy gladly reveals, during a phone interview, in the last month she registered earnings in the 5 high figure mark.
“That includes only the profits from networking, but not from the direct sales of products, so I assume the check is a little ‘bigger’”,
says Rosy, with a smile on her face.
That’s really amazing considering her background. Some years ago, Rosy Rivera had no choice but to live on a welfare house with her two daughters. “Now I have four properties in Puerto Rico that I rent to the government. So, it’s kind of a funny situation. You know, going from being dependent to becoming more than independent,” she says.
For Rosy, life has been hard, and she has no problems in
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How Call Centers Keep You Connected During (and After) a Natural Disaster
by Successful IBO • • 0 Comments
If your business finds itself in the middle of a natural disaster or under threat of losing power, call center services can help. Their infrastructure can keep phone lines open through any conditions.