In 2014, the total sales of direct selling industry in the Baltic States grew by 2.5% and exceeded 102,5 million euro (without VAT). Meanwhile, the number of people involved in direct sales increased by 1.5% and it reached more than 128 thousand persons.
In Estonia, the volume of direct sales experienced the biggest growth by 3%, in Lithuania – 2.5% and in Latvia – 2% and was respectively 32.5, 40.4 and 27.5 million euro, while the number of direct sellers (consultants) in Lithuania and Latvia increased by 2% and exceeded respectively 50000 and 44000 persons, in Estonia by 1% up to more than 34500 persons.
“Last year the direct selling market in the Baltic States experienced sustainable growth, while according to the last 3 years compound annual growth rate, direct selling companies experienced higher than
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Baltic direct selling market grew by 2.5% in 2014
by Ramya Chandrasekaran • • 0 Comments
In 2014, the total sales of direct selling industry in the Baltic States grew by 2.5% and exceeded 102,5 million euro (without VAT). Meanwhile, the number of people involved in direct sales increased by 1.5% and it reached more than 128 thousand persons.
In Estonia, the volume of direct sales experienced the biggest growth by 3%, in Lithuania – 2.5% and in Latvia – 2% and was respectively 32.5, 40.4 and 27.5 million euro, while the number of direct sellers (consultants) in Lithuania and Latvia increased by 2% and exceeded respectively 50000 and 44000 persons, in Estonia by 1% up to more than 34500 persons.
“Last year the direct selling market in the Baltic States experienced sustainable growth, while according to the last 3 years compound annual growth rate, direct selling companies experienced higher than
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DSAP: Understanding pyramid scams in the Philippines
by Ramya Chandrasekaran • • 0 Comments
About 4 million Filipinos are in direct selling. They have dreamt of being entrepreneurs but do not have the capital. Some have found financial and personal freedom, while others have become victims of pyramiding scams.
The Direct Selling Association of the Philippines (DSAP) shares answers to frequently asked questions about pyramiding companies and those that are legitimate and with sustainable compensation plans.
Question: Using layman’s terms, what is pyramiding and what’s the main difference between legitimate multilevel marketing (MLM) and pyramiding?
Max VP for Asia Joey Sarmiento: Network marketing, or MLM, is a legitimate mode of business wherein products are sold via person-to-person selling instead of the traditional way of selling from a fixed retail location. The objective is to sell products to the end-consumers.
The difference between MLM and direct selling is in the commission
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DSAP: Understanding pyramid scams in the Philippines
by Ramya Chandrasekaran • • 0 Comments
About 4 million Filipinos are in direct selling. They have dreamt of being entrepreneurs but do not have the capital. Some have found financial and personal freedom, while others have become victims of pyramiding scams.
The Direct Selling Association of the Philippines (DSAP) shares answers to frequently asked questions about pyramiding companies and those that are legitimate and with sustainable compensation plans.
Question: Using layman’s terms, what is pyramiding and what’s the main difference between legitimate multilevel marketing (MLM) and pyramiding?
Max VP for Asia Joey Sarmiento: Network marketing, or MLM, is a legitimate mode of business wherein products are sold via person-to-person selling instead of the traditional way of selling from a fixed retail location. The objective is to sell products to the end-consumers.
The difference between MLM and direct selling is in the commission
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CAbi Launches Microlending Program to Create 8200 jobs by 2020
by Ramya Chandrasekaran • • 0 Comments
Los Angeles-based social selling apparel business CAbi, launched the W.E. are CAbi (Women Entrepreneurs Are CAbi), the first ever one-for-one microlending program.
In partnership with Opportunity International, the global non-profit financial services organization, CAbi will fund small business loans and training programs to support female entrepreneurs in developing countries, in the name of every new CAbi consultant who starts her own business. By providing the financing and mentorship to empower women to start their own businesses, W.E. are CAbi is projected to create and support approximately 8,200 jobs, impacting over 35,000 people in developing nations by 2020.
“CAbi has always provided consultants the opportunity to realize their dreams through starting a business to support a better financial future for their families and communities. We are so proud to now extend the gift of that transformational opportunity to women around
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Avon Looking To Sell North American Business
by Tina Williams • • 0 Comments
Avon Products has postponed its analyst day, and reports say the company is exploring strategic alternatives. Yahoo Finance has reported that Avon is looking to sell its North American business. This comes after a long downhill slope in sales and business and a difficult 2014 news wise after leaving the DSA.
Wall Street Journal also reports:
Avon Products Inc. is exploring options including a sale of the company or its struggling North American business, people familiar with the matter said, an acknowledgment that its problems are more than skin deep.
The door-to-door beauty company, with $8.9 billion in annual sales and more than a century of history, has tried without success for years to repair weak financial results and stem an exodus from its ranks of sales representatives.
Chief Executive Sherilyn McCoy was to outline her latest plans for a
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India’s Eureka Forbes Switches from Direct Selling to Retail
by Ramya Chandrasekaran • • 0 Comments
Thirty-three years after stepping into the market with a door-to-door, direct sales business model, the water purifier brand Aquaguard will now shed it’s business model for a presence in brick and mortar stores.
The move is significant since the Shapoor-Pallonji-Group-owned Eureka Forbes had avoided taking Aquaguard, its flagship water purifier, into retail stores in the past, launching a value-for-money product called AquaSure instead, for retail stores.
In the new scheme of things, Aquaguard will be available in modern trade and upscale general retail outlets, while AquaSure will target mom-pop stores. Aquaguard will be priced between Rs 8,990 and Rs 22,990, while AquaSure will be available between Rs 6,490 and Rs 20,990.
Eureka Forbes has also just launched a new premium water purifier called Dr Aquaguard that will provide customised water solutions based on consumer needs. This will be pushed through direct sales only, says
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USANA Announces Plans To Open Indonesia Market
by Nicole Dunkley • • 0 Comments
As the direct selling industry continues to boom around the world, USANA Health Sciences, a global nutritional company, announced that it will commence operations in Indonesia later this year. Headquartered in the Jarkarta Central Business District, USANA’s presence in Indonesia will mark USANA’s 20th market worldwide.
“As we continue to build USANA’s global brand, we’re thrilled to open our doors in Indonesia,” said USANA President, Kevin Guest.
“International growth is important to the vision of USANA, and we look forward to offering our Associates the opportunity to build in this promising market.”
Direct Selling in Indonesia
Broke into the Direct Selling’s Billion Dollar Market in 2011, with $1 billion in total sales and 10 percent total sales growth over 2010 statistics
Estimated 8.3 million residents are direct sellers
Fourth most populous country in the world
Fifth fastest growing
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Talk Fusion Offers Rewarding Possibilities After Retirement
by Nicole Dunkley • • 0 Comments
Talk Fusion Associates Charles and Carol Wessman have always been career-oriented. They had been excellent corporate employees—Carol for the US Post Office, Charles at a popular department store—and both looked forward to the time freedom that retirement would ultimately offer. However, when that time actually came, they found that the financial freedom wasn’t really there to support it.
“Charles and I will celebrate our 43rd wedding anniversary in June,” says Carol Wessman. “We have three grown daughters, nine grandchildren–with another due this summer–and a great granddaughter. I wanted to build a secure future for my family and make sure that we are able to live comfortably, leaving no one else with debts that we incurred.”
However, the “typical” retirement plans from where they worked for over 40 years proved insufficient. That changed when they were
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4Life Recognizes New Platinum & Gold International Diamonds
by Nicole Dunkley • • 0 Comments
4Life is pleased to announce the advancement of two new Platinum International Diamonds and seven new Gold International Diamonds. Each new-ranking distributor will be recognized onstage at Convention 2015: Bring Dreams Home April 15–18.
The new Platinum International Diamonds, 4Life’s highest distributor rank, include Dr. Eduard Hutabarat & Katharina Sihombing of Indonesia and Iván Rodríguez & Marie Márquez of Texas, USA.
Eduard and Katharina joined 4Life in August 2006 when Eduard was working as a doctor and managing two clinics. He was amazed by 4Life products and felt inspired to join the company and eventually close the clinics to focus on 4Life.
“Now, our dream is to help others obtain freedom in their lives,” said Eduard. “4Life helps us do that.”
When Iván and Marie joined 4Life, Iván had been working in network marketing for ten