Vemma was served with a complaint by the FTC on 25 August in the USA, for their autoship program. Vemma affiliates Back Office is temporarily unavailable.
Autoships are huge. Most companies with solid products will see anywhere from 40% to 75% of all revenues come from the monthly reorder of their products.
The FTC – Federal Trade Commission – is a powerfull USA government organization and its mission is “Protecting USA customers”.
This is not a Vemma issue, this is an attack on the Industry. Vemma has the bad luck to be the guinea pig, and it will cost the company and CEO BK Boreyko, huge amounts of time and money to defend them against this FTC investigation.
In VEMMA the auto ship is optional, so apparently this investigation is based on an “old” complaint and
Tag Archive for Info
Hot Business News Today
WorldVentures Recognized Again As An Inc. 5000 Fastest-Growing Company
by Nicole Dunkley • • 0 Comments
WorldVentures, the leading international direct seller of vacation club memberships, ranked No. 915 in Inc. magazine’s 34th annual Inc. 5000, an exclusive ranking of America’s fastest-growing private companies. WorldVentures received its ranking based on growth of 491% in the past three years.
The list represents one of the most important segments of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other prominent businesses, gained early exposure as members of the Inc. 5000.
“We’re honored to be named to the fastest-growing companies list once again,” WorldVentures Co-founder and Chief Visionary Officer Wayne Nugent said. “We’ve catapulted from 2333 last year to number 915 this year and rank ninth for the top travel and hospitality companies. What a great achievement for our corporate team and
Hot Business News Today
Four Oceans Launches Explorer Travel Portal
by Nicole Dunkley • • 0 Comments
Founded by industry veteran Robert Oblon who has spent the last 20 years marketing travel, Four Oceans looks to add yet another powerful tool into its already impressive arsenal. These tools include a free online course by well known thought leader Shawn Achor from the field of Positive Psychology and Happiness, over 300 self-improvement videos (formally called TSTN) in an online video library, as well as access to Vacationars™, (known as seminars on vacation) where the company’s educators and trainers provide seminars at 4 and 5 star resorts around the world.
“With the addition of the Explorer travel portal, we can now give our members and customers the ability to access more vacation opportunities at lesser fares than they can find elsewhere online,” said Oblon. “This fits into our strategy of helping people
Hot Business News Today
Veteran Colombia Entrepreneur Embraces Vemma® Vision And Skyrockets To Ambassador
by Tina Williams • • 0 Comments
Efrain Sarmiento is a veteran in the affiliate marketing industry. With 18 years of experience, the native Colombian has seen affiliate marketing companies come and go in the country, but none has offered an opportunity or a vision like Vemma.
“People claim they have the smartest people or the best-looking people or the best compensation plan,” explains Efrain. “The biggest difference (about Vemma) was meeting Vemma Founder & CEO BK Boreyko. I saw the vision he had, and it was unlike anything I’d ever seen in any other company. He enrolled me in his vision.”
The Vision
Since joining Vemma about a year ago, Efrain has set to work building a bigger vision with team members such as Juan Diego Cepeda and Darío Lado, who want to grow the “Latino Revolución Profesional” (#LRP) not only
Hot Business News Today
Sherell Slaise – From Time Bankrupt To Time Freedom
by Ted Nuyten • • 0 Comments
Sherell Slaise, Ambit Energy Leader says:
Having control of my time – to do what I want when I want – is living the life of my dreams. I was seeking time freedom.
Upon graduating from Clark Atlanta University (and studying International Business at University College of Belize in Central America), I began a corporate career as a Health Care Management Consultant for one of, at the time named, the “Big 6” consulting firms. It was a stressful and very intense job billing the client 80+ hours per week while traveling 100% of the time. After 4 years of this, I grew tired and resigned.
Additionally – I had no interest to pursue a Masters Degree which was preferred by the Firm to “rank advance” and earn top income. During this same time period, my
Hot Business News Today
Victims of GetEasy Ponzi Hopeful With New MLM VIC
by Ramya Chandrasekaran • • 0 Comments
There is hope for victims of GetEasy, a Portugese MLM company that is currently under investigation in various jurisdictions in Europe and Latin America for allegedly running a sophisticated ponzi scheme. TachoEasy Middle East, a former supplier of technology products to GetEasy has created a new MLM company called Valuable Idea Concept (VIC) to restore the business in a legitimate manner.
After months of uncertainty, late meetings and brainstorming sessions, the VIC team began deploying its new operating platform infrastructure that will allow distributors to resume their business and recover outstanding commissions.
Antonio Loios is the owner of TachoEasy Iberica, and a majority shareholder of TachoEasy Middle East. Both companies are active trading companies that provide geolocation and tachograph solutions by supplying technologies developed in the European Union. TachoEasy Iberica had agreed to supply GetEasy
Hot Business News Today
Malaysian Direct Selling Growth Projected To Flatline
by Ramya Chandrasekaran • • 0 Comments
The collective revenue of the multi-billion-dollar Malaysian direct selling industry is projected to be flat this year compared with 2014, as the industry grapples with weak consumer sentiment.
Industry insiders said revenue could come in at around RM13 billion ($3 billion), roughly the same as last year. According to Direct Selling Association of Malaysia (DSAM) president Frederick Ng, the goods and services tax (GST) has had an impact on sentiment. He believes growth this year will be flat.
“Consumers nowadays have adopted a cautious attitude towards spending, following the implementation of the GST,” Ng added.
The industry is projected to post a revenue of RM13 bil, up 4.8% from 2013. The industry’s performance for last year would be known later this year, when the Domestic Trade, Co-operatives and Consumerism Ministry announces the actual 2014 turnover.
The
Hot Business News Today
Direct Sales On The Rise In Philippines
by Ramya Chandrasekaran • • 0 Comments
Direct selling businesses in the country are growing significantly and remain one of the top alternative sources of income especially among women, according to Sophie Paris Philippines.
Jomel Diaz, Sophie Paris sales manager for Northern Luzon and Visayas, said that compared with the previous years, Filipinos are now aware of how a direct selling business works and how the business can help them augment their income.
“Ten years ago, direct selling companies had difficulty engaging people to join but with the expansion of the industry over the years, coupled with the testimonies of successful people in the industry, this business model has gained traction and has attracted more people to get involved,” said Diaz.
A direct selling business, according to the Direct Selling Association of the Philippines (DSAP), is “a business model that offers entrepreneurial
Hot Business News Today
Meet ForeverGreen 1-Stars, Vincenzo & Maricris Cammareri
by Nicole Dunkley • • 0 Comments
Vincenzo & Maricris Cammareri were first introduced to the direct selling industry in October 2013. They participated in their first opportunity meeting with a well-known company in Santo Domingo, Dominican Republic. Vincenzo and Maricris learned a lot their first year within the industry, however they did not achieve the results they had anticipated.
After learning from a trusted colleague about important key factors to look for in a network marketing company, they felt impressed to look for fresh experiences and a brand new start.
After meeting Ron Williams at a ForeverGreen event in the Dominican Republic, they knew they’d found the company and opportunity they had been searching for and were immediately onboard with the ForeverGreen culture, philosophy and vision.
“We feel excited to be a part of a solid company with rapid growth
Hot Business News Today
Continued Growth In Colombia For Total Life Changes
by Nicole Dunkley • • 0 Comments
On Saturday, August 15th, 2015 Colombia experienced an amazing leadership event filled with state of the art training and professional guest speakers. This Super Saturday Event re-affirms Colombia as TLC’s largest organization in Latin America.
The event was held at the Compensar Center, which is one of the most significant venues in Bogotá, Colombia. Total Life Changes and the Compensar Center have built a solid and strategic alliance to accommodate important TLC events. TLC representatives showed enthusiasm and commitment by showing up hours before the start of the event and the energy continued from start to finish.
What made this event extraordinary was the presence of guest speakers Dr. Gustavo Rico and internationally recognized coach Andres Rada. Dr. Gustavo Rico discussed the many benefits of Total Life Changes hero product Iaso Tea™. He explained in great detail