DubLi, Inc. (OTC PINK: DUBL), a global Cashback E-commerce and marketing company that provides consumers around the world with a variety of innovative online shopping and travel opportunities, today reported fiscal 2015 financial results for the three months and six months ended March 31, 2015.
For the three months ended March 31, 2015, revenues increased approximately 200% to $3.8 million over the $1.2 million reported in the same three month period of 2014. The loss from continuing operations in the three months ended March 31, 2015 was approximately $2.0 million and was $1.2 million for the three months ended March 31, 2014. At March 31, 2014, the Company had deferred fee revenues of approximately $13.5 million, substantially all of which will be recognized as revenues during fiscal years 2015 and 2016.
For the six months ended March 31, 2015, revenues
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Medifast Reports Quarterly Earnings With Profit Of $4.4 Million
by Tina Williams • • 0 Comments
Medifast Inc. (MED) on Thursday reported first-quarter net income of $4.4 million.
On a per-share basis, the Owings Mills, Maryland-based company said it had net income of 36 cents. Earnings, adjusted for one-time gains and costs, came to 46 cents per share.
The weight-loss company posted revenue of $73.4 million in the period.
For the current quarter ending in June, Medifast said it expects revenue in the range of $72 million to $74 million.
The company expects full-year earnings to be $1.85 to $1.95 per share, with revenue ranging from $285 million to $300 million.
Medifast shares have decreased almost 8 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $30.95, an increase of 6 percent in the last 12 months.
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New Direct Selling Company Targets Latinas
by Ramya Chandrasekaran • • 0 Comments
A new direct selling company targeting Hispanic women in America has launched this week.
A 100% Latin owned American company, Tissini is based out of Miami, Florida and offers women’s jewelry, exclusively designed for the U.S. Hispanic women also known as “Latinas.”
TISSINI wants to give Hispanic women the possibility to generate an additional income stream through a simple hassle-free method for selling fashion accessories. Doing away with a complex compensation plan, Tissini is keeping things simple. TISSINI’s customers have the opportunity to earn 50% of what they sell, period. This simple yet bold business model is primarily offered to women.
Why women? TISSINI’s slogan, “Crea tu Mundo” means “Create your World” and speaks directly to Latinas, who are driven women that strive to improve their own lives and particularly the lives of their families.
This
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DSA Reacts to Article About Decline of Direct Sales in USA
by Ramya Chandrasekaran • • 0 Comments
The Direct Selling Association (DSA) has reacted to an article in The Columbus Dispatch about CVSL company Longaberger’s recent troubles, where an analyst was quoted as saying:
“In our view, the Internet offers a more efficient and lower-cost distribution channel than catalogs……Direct selling, while a great source of part-time income for many, is a slowly dying business model…”
Joseph Mariano, President of the DSA has written the following letter to The Dispatch.
The direct-selling channel in the United States is healthy and continues to grow, contrary to the view expressed in May 17 Dispatch article “Basket maker Longaberger Co. has its critics.”
The proof is in the numbers: Direct selling generated more than $32 billion in revenue in 2013, up from $31.6 billion in 2012 and $29.8 billion the previous year. Ohio realized just over $1
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British Skincare Entrepreneur Launches New Direct Sales Company
by Ramya Chandrasekaran • • 0 Comments
Despite efforts to boost female entrepreneurship, women account for just 17% of business owners in the UK today. That’s part of the reason Nancy Cruickshank, a serial tech entrepreneur, launched MyShowcase, a health and beauty businesses that’s helped hundreds of women launch their own ventures.
Cruickshank previously ran the womens’ portal Handbag.com, where she discovered an appetite among women for more support for starting their own companies.
‘Largely they were talking about fashion and consumer related stuff, but also I noticed there was a lot of discussion on other subjects,’ Cruickshank tells MT. ‘There were two things that really interested me. One was ‘can you give me advice about how I can get X business off the ground?’. The other thing was this desire by women to find a more flexible way to work.’
That
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China’s Direct Sales Market Growing 30% Annually
by Ramya Chandrasekaran • • 0 Comments
China’s direct sales market began with the entry of Avon in the 1990s. But the industry plunged into chaos with rampant pyramid schemes, prompting the government to ban the industry altogether in 1998. The ban was lifted in 2005.
Since the ban was lifted, direct marketing has expanded rapidly, with an average annual growth rate of 30 percent. China’s direct sales market is likely the world’s third or fourth biggest behind the United States, Japan and possibly South Korea, said Hu Yuanjiang, executive director for direct selling at China Health Care Association.
After 2005, the industry grew to employ 2.3 million salespeople within seven years. In 2012, the country had 32 licensed direct selling companies with combined sales of nearly 20 billion yuan ($3.2 billion), according to the Chinese Commerce Ministry.
The growth can be
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Top Direct Selling Companies On Facebook – Talking About – Ranks
by Ted Nuyten • • 0 Comments
We have received many questions how we calculate the Direct Selling momentum ranks. As we do not want the many “Copy Cats” on the Internet to steal our setup, we do not disclose our algorithm.
What we will enclosed with this article is a small part of our key indicators, the Facebook “Talking About”, you find that on the company Facebook page – under likes.
This is the actual number of people who are ‘engaged’ and interacting with that Facebook Page. The people who actually come back to the page *after* liking the page. This include activities such as comments, likes to a post, shares, etc by visitors to the page.
A company can “Buy” Facebook likes and some companies do….. however “Talking About” is hard to influence. Rule of thumb of “Likes” vs
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Total Life Changes Pays Off for Stay-At-Home Mom
by Nicole Dunkley • • 0 Comments
Twenty Years to Pay Dirt in the MLM Business. This stay-at-home mom has never given up. Can you imagine showing up to work every single day for twenty years and never earning a real paycheck? Well that’s been the story of self-employed networker Pam McCray.
For the past 20 years, she has joined business after business, gone to meeting after meeting, attended conference after conference and wore the badge of honor for every company she’s been connected to, but never found any consistent success.
“I have to admit, I’ve had a difficult time earning income and getting any acknowledgement of being a leader in the MLM industry. But I always had this belief that I would eventually win. I was one of those network-marketing babies who grew up with parents who believed in the
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RetailMeNot Uses Free Speech In Lawsuit With Mary Kay
by Tina Williams • • 0 Comments
Austin-based RetailMeNot Inc. is using a free speech defense in a lawsuit filed by cosmetics maker Mary Kay Inc.
The digital coupon site filed its response Thursday saying Mary Kay attacked its free speech and its right to the use of publicly available information on the Internet.
Addison-based Mary Kay filed a lawsuit in March asking the court to bar RetailMeNot from using the Mary Kay name.
Mary Kay claimed in U.S. District Court in Dallas that it does not provide digital deals, offers and coupons for publication on RetailMeNot and hasn’t authorized or permitted the site to list deals, sales or codes using its name or likeness.
RetailMeNot said in a statement that it “rejects Mary Kay’s attack on the rights of Americans using its websites to freely exchange publicly available information over the Internet.”
The
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Zhulian Myanmar Operations To Kick off Next Month
by Ramya Chandrasekaran • • 0 Comments
Malaysia-based multi-level marketing firm, Zhulian Corporation Bhd, is set to begin its Myanmar operations next month, Malaysian media reported. Group Managing Director Teoh Meng Keat said the firm has obtained an import licence from the Myanmar government for its consumer goods to enter the country.
Teoh Meng Keat said Myanmar is touted as the new frontier market amongst emerging countries in terms of the consumer segment and has appointed a local master agent to oversee the business there.
He said due to local laws limiting company ownership, the group will export its products directly to the master agent, who will then sell it to locals.
“We will continue to expand our overseas market to overcome escalating raw material prices, increasing operating costs, stiff market competition and reduced consumer confidence in spending,”
On Zhulian’s performance for the financial year