Tag Archive for Direct Selling Company Reviews

Drink Wine, Make Money? The Latest House Party Trend

 
According to an article in the BBC Blog, the latest trend in Home parties is Wine selling, and a number of direct selling companies are jumping in.
Count me in as a customer
The BBC reports:
Out of the way Avon and Pampered Chef. Wine is the newest excuse to throw a party, sell things to your friends and neighbours — and make a little money. 
“I tried selling cosmetics and nutritional products, but couldn’t make a go of it,” said Diane Nozik, a 35-year-old mother of two married to an active-duty sailor in the US Navy. Then Nozik had a flash of inspiration after her husband took her to a number of wine tastings “and I really enjoyed them.”
Since she had wanted to make a little extra money, without the hassle of storing boxes of goods, Nozik had found the perfect solution.
“What I wanted at the beginning was just a product. I didn’t want to have to have an inventory. I didn’t want to have to deliver it. I didn’t want to have to deal with bounced checks,” said Nozik, who now earns more than six figures from her work for WineShop at Home. “I just wanted something that people would like.

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Business For Home Is Looking For A Reporter For The Asian MLM Market

 
The Business For Home website is looking for a Direct Selling News Reporter to join the editorial team and to cover news from Asia.
Specific large network marketing countries such as India, Malaysia, Thailand, Indonesia, Hong Kong, South Korea, Hong Kong and Macau.
Business For Home delivers original reporting and sharp opinion in the arenas of Direct Selling, Network Marketing and Multi Level Marketing.
Per year, the website receives an estimated 3.5 – 4 million unique visitors from all over the world with the majority being Network Marketing professionals with approximately 25% visiting the website looking for a new or additional opportunities.
As a Business For Home reporter you need to understand the Direct Selling market, experience as a distributor for a Direct Selling company is there fore a big plus.
 
RESPONSIBILITIES
– Write and report original stories, for the website
– Cultivate sources, conduct interviews as needed or directed by editor
– Maintain an active presence on social media in covering Direct Selling News in Asia
– Write display copy, captions for own stories
– Examine copy for accuracy, checking all factual information, quotes and statistics
– Wrangle publicists, transcribe interviews, cover events as needed
– Other responsibilities, as assigned
REQUIREMENTS
– Experience at a blogging or a news organization
– Have a

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Preiscoin Names Alberto Conconi As Country Manager For Italy

 
Swiss based Preiscoin announced today the appointment of Alberto Conconi as their new country manager for Italy.
Alberto Conconi, 32 years old, was born and raised in Como near Milan. He studied Conservation of Cultural Assets at Università degli Studi in Milan and Agronomy at Università Marconi in Rome.
He became a salesman at his father’s garden shop at the age of 18 and soon was selling pesticides, fertilizers and herbicides to gardeners, golf courses and sports fields in Italy. Several years later he got involved in network marketing with a health and wellness company and direct selling soon became his new passion.
Over the years he has built downlines first in Herbalife and then in Organo Gold.
Jacek Dudzic, CEO Preiscoin stated:

“Alberto Conconi has extensive experience in sales and his list of the achievements includes also buidling a large MLM organisation in a very short time.
We are thrilled to bring his success to our team and look forward to expand our company in Italy fast”.

About Preiscoin
Preiscoin Group AG is based out of Switzerland that offers the Preiscoin (PRS), an alternative digital currency based on the Bitcoin protocol. Preiscoin offers 4% residual commissions on every sale down to 7 levels in

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InfoTrax Deploys Compensation Engine and Distributor Tools for Vemma

 
InfoTrax, the leading provider of software for the direct selling industry, announced today that it has implemented its newest generation of software for Vemma Nutrition Company.
Vemma, a premium liquid wellness company, has experienced its second consecutive year of exceeding $200M+ in revenue in 2014 after reaching 100M+ for the first time in 2012. Vemma was recently recognized for its success by Direct Selling News and The American Business Awards.
Vemma chose to implement InfoTrax’ compensation engine and distributor web tools to provide real-time business management and commissions calculations for their Affiliates.
“We continue to grow at a rapid rate, and we required a technology platform that can support our growth and make it easy for our Affiliates to expand their Vemma businesses,” said BK Boreyko, Vemma Founder and CEO.
“Calculating and paying commissions quickly and accurately is vital for our business, but equally important is providing timely and relevant information to our Affiliates. Our launch with InfoTrax was excellent, which is what we expected from InfoTrax with 30 years of MLM expertise. We welcome the confidence that InfoTrax gives us as our technology partner.”
The InfoTrax Compensation Engine integrates fully with Vemma’s existing CRM order entry systems and includes real-time reporting to Vemma’s

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Stream Proceeds With Mobile Launch In The Face Of Solavei’s Attempt To Halt Plans

 
Stream has proceeded with this weekend’s nationwide launch of Mobile Services at its Unleashed event in Las Vegas, in the face of grossly misrepresented and baseless legal allegations by Solavei made public late Friday afternoon.
“We’re thrilled to celebrate the nationwide launch of Mobile Services by Stream with our enthusiastic and committed Associates at Unleashed in Las Vegas.
 We started in 2005 with a revolutionary concept, turning on the lights with our network of friends and family, and now our Mobile Services will bring even more people together in markets we haven’t been able to touch before,” said Mark “Bouncer” Schiro, Stream president and CEO.
Stream’s Mobile Services branch offers dependable cellular services within the continental United States. Available service packages provide reliable coverage, fast speeds and the latest technology—all without commitments or contracts. The program’s “Mobile Your Way” structure further allows consumers to take charge of their mobile usage and customize phone and data plans that fit their individual needs.
With the nationwide launch of Mobile Services and Stream’s existing suite of Protective Services, the company and its Associates now have no geographic restrictions within the continental U.S., creating endless opportunities for growth.
Schiro also dismissed the representations appearing in Solavei’s January 23rd press release concerning their judicial proceedings. “The reality is that, for whatever reasons, Solavei showed up

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MLM Investor TPG Capital Considered Buying Herbalife Last Year

 
If you are a corporate executive and you are looking for a very large MLM investor it seems TPG Capital is some times investing in the Direct Selling market
TPG is a leading global private investment firm with $65 billion of capital under management.
TPG Capital (formerly Texas Pacific Group) is one of the largest private equity investment firms globally, focused on leveraged buyout, growth capital and leveraged recapitalization investments in distressed companies and turnaround situations.
TPG also manages investment funds specializing in growth capital, venture capital, public equity, and debt investments. The firm invests in a broad range of industries including consumer/retail, media and telecommunications, industrials, technology, travel/leisure and health care.
 
According to the New York Post:
Private equity giant TPG Capital seriously considered buying Herbalife last year — as part of an ongoing interest in the multi-level marketing industry, The Post has learned.
“They took a long look at Herbalife” one year ago, a source with direct knowledge of the situation said. TPG also considered buying Nu Skin, the source said. It is not known why TPG’s interest in Herbalife and Nu Skin ended without any investment.
Both companies have issues with regulators. Presently, TPG is reportedly looking at acquiring Avon — a

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Business For Home – What We Do

 
The Business For Home.org website is an initiative of Ted Nuyten, CEO and Chairman of the Business For Home Foundation, which is established in the Netherlands under Dutch law and Dini Noorlander, acting as Chief Relations Officer.
Per year, the website receives an estimated 3.5 – 4 million unique visitors from all over the world with the majority being Network Marketing professionals with approximately 25% visiting the website looking for a new or additional opportunities.
Approximately three times a week a mailing is distributed to 54,000+ worldwide double opt-in subscribers.
Additionally, articles are shared through the Business For Home Facebook Business Page which is currently at 40,000+ likes, Twitter and LinkedIn.
On average the website is serving 12,000 – 15,000+ visitors per day, with all time daily highs of 70,000 visitors when “Breaking News” occurs or Poll voting takes place.
The majority of the articles are positive. However, at times, law suits and controversial news is published as well.

We concentrate on Direct Selling facts and figures, therefore some people call Ted Nuyten “The Score Keeper For The Direct Selling Industry”.

The website runs on scalable virtual servers. The objective of the website is to show the “outside” world, Direct Selling, Network Marketing, MLM is

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Solavei Sues Stream Energy For Stealing Trade Secrets After Merger Talks

 
A Dallas District Court judge today blocked Stream Energy from using proprietary technology and information to launch a new mobile phone service after social commerce leader Solavei sued Stream for stealing trade secrets gathered during extensive merger talks.
Seattle-based Solavei sought the injunction to halt Stream and its marketing arm, Ignite, from using trade secrets and other intellectual property in launching a mobile phone service sold through an online direct-marketing platform – exactly the type of social commerce business pioneered and continuously innovated upon by Solavei. Stream’s mobile business was set to launch on Saturday, Jan. 24, 2015, at an event in Las Vegas.
“Without benefit of Solavei’s confidential information and the guidance and explanation provided during due diligence, Defendants could not launch this new business – particularly not in a matter of months,” the lawsuit states.
Solavei provides high-quality, low-cost and contract-free mobile phone service in the United States. The company’s core business strategy combines social media, referral marketing and mobile service.
Stream is a Texas company involved in the direct marketing of retail electric service. Senior Stream executives named in the lawsuit are Chairman Rob Snyder, CEO Mark “Bouncer” Schiro and CFO Renee Hornbaker along with top Stream associates who were bound by specific confidentiality agreements. 
In

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Kannaway Acquired By Medical Marijuana

 
Medical Marijuana, Inc. (OTC Pink:MJNA), a leading industrial hemp industry innovator, is proud to announce that it has signed a definitive agreement to acquire 100% membership interest of Kannaway, LLC. The amount of the sale is undisclosed.
The valuation of Kannaway is in the range of $119.6-242.7 million.
The agreement is expected to take at least 90 days to close and will effectively make the cannabis-based network marketing company a wholly owned subsidiary of the first-ever publicly traded cannabis company.
Kannaway’s valuation was performed by none other than esteemed financial advisory and investment banking firm, Houlihan Capital. The firm has performed valuations for similar category creators including: Urban Outfitters, Redbox, Micros Systems Inc., LeapFrog Enterprises, Tootsie Roll Enterprises, U.S. Airways Inc., and more. Houlihan Capital is a Financial Industry Regulatory Authority (FINRA) and SIPC member, committed to the highest levels of professional ethics and standards.
“Quality, ethics and accountability are hallmark principles that are the foundation for each Medical Marijuana, Inc. company,” states Michelle Sides, Chief Operating Officer of Medical Marijuana, Inc. “We are thrilled at the addition of Kannaway to Medical Marijuana, Inc.’s investment portfolio as the Company’s leadership operates under the same beliefs.
Kannaway offers Medical Marijuana, Inc. shareholders a

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Jeunesse Celebrates Record Month In December With $61 Million In Sales

 
Finishes 2014 with over $400 Million in Sales Revenue
Jeunesse is celebrating its highest annual sales since the company’s inception, closing 2014 with record-breaking sales surpassing $400 million—a huge increase over its 2013 total of $256 million.
Continuing a streak of explosive growth in its fifth year since inception, Jeunesse achieved a record $61 million in sales in December, with 68,000 new distributors joining that month and over 6,500 on December 31st alone.
This new peak occurred only two months after its previous best month in October, when the company eclipsed $50 million in sales and welcomed more than 42,000 new distributors.
These record numbers cap a remarkable year of accomplishment for Jeunesse. A total of 367,000 distributors joined Jeunesse during the year, with 32 new Diamond Directors and 9 new Double Directors achieving the rank from 2014 alone. In April, Jeunesse won six American Business Awards, including Company of the Year, Corporate Social Responsibility Program of the Year, and Best Corporate Sales Video.
That same month, Jeunesse won twelve Telly Awards for their innovative, distributor-friendly marketing materials and ranked at #46 on Direct Selling News’ Global 100 List—a 32-spot rise from the previous year’s rankings. June 2014 heralded the company’s inclusion in

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