Alfredo (Al) Bala is CEO of Mannatech and has published an awesome article about the influence of social media on the Direct Selling industry.
Al Bala:
I have been in the direct selling industry for more than 35 years, and I am seeing how social media is changing our industry rapidly. When I was a young man growing up, we didn’t have the technology that my children and grandchildren are using today.
A big difference in our culture and society has changed in the last 10-15 years due to the rise of social media. And thanks to social media, it is revolutionizing the direct selling industry, which is good news for my Mannatech family.
We already know that the direct sales channel is growing and that technology is quickly replacing jobs. But now we have a tool, social
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Mannatech Creates New Business Ethics Department
by Nicole Dunkley • • 0 Comments
As part of Mannatech’s – a Triple AAA+ Rated opportunity by Business For Home – new brand, the company’s new Legal and Business Ethics Department has been created to partner with Associates to support the company’s commitment to a culture of compliance.
This change highlights the company’s dedication and commitment to maintaining ethical operating procedures and business practices for its Associates, customers and employees around the world.
The new department is composed of legal and compliance staff who are committed to supporting Associates in their quest to build their business in a safe, compliant environment where they can achieve long-term success. The staff represents Associates in all of the 25 countries in which Mannatech operates.
“Mannatech is setting the standard for compliance in the direct sales industry because we are dedicated to creating long-term
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Mannatech Appoints David Ori As Vice President EMEA
by Ted Nuyten • • 0 Comments
Mannatech®, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced the appointment of David Ori a direct sales industry veteran to the position of Vice President of EMEAA.
In this position, Ori will be responsible for expanding the company’s European, Middle East and African markets, strengthening international business efforts and supporting Mannatech’s independent sales Associates in this region.
Ori’s hiring is in line with Mannatech’s strategy for building and strengthening its global leadership as it continues to expand its international operations and align its foreign markets with cohesive direction, purpose and ambitious objectives.
“David’s experience in the direct sales industry and international markets will help us create effective strategies for rapid global expansion while providing unique insights into addressing Associate needs,”
said Alfredo
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Mannatech Classified As Triple A Opportunity
by Ted Nuyten • • 0 Comments
Mannatech is classified as Triple A (AAA+) opportunity based on key figures such as revenue, momentum, Alexa ratings, poll results, input from direct selling professionals, top earners and Head Office visits we regular do.
Business For Home recommends Mannatech. There is high certainty that the net benefit is substantial for a (new) representative.
Mannatech, Incorporated, offers a profound wellness experience through a financially rewarding opportunity that makes a difference in the lives of people across the world. Mannatech is a public company based in Dallas, Texas, USA.
Through its innovative glyconutrition products, Mannatech transforms lives, providing an unprecedented level of natural wellness, freedom and purpose. With more than 20 years of experience and operations in more than 25 countries, Mannatech is committed to transforming lives.
The approximate number of new and continuing independent associate
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Dr. Francesco Marotta – Mannatech Hopes to Help Transform Lives
by Ted Nuyten • • 0 Comments
For Dr. Francesco Marotta good health is all about the gut. He has been advocating and studying gut health long before it was cool.
Dr. Marotta, a member of Mannatech’s Global Scientific Advisory Board, brings world-class credentials to making the issue of gut health front and center to the public. He is a gastroenterologist and hepatologist, and he received training in molecular biology and nutrition.
He has been involved with studying and learning probiotics and gut microbiota for the past 20 years, long before it gained prominence among scientists and researchers for its importance in overall health.
Marotta decided to join Mannatech’s GSAB because he has always been impressed by the science that backs up many of Mannatech’s ingredients and products. He was also impressed by the company’s wish to further strengthen and expand its
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Mannatech Calls To End BMI As A Measure Of Health
by Ted Nuyten • • 0 Comments
Mannatech is leading the health and weight loss industry by calling for the end of the one-size-fits-all Body Mass Index (BMI) as a success measurement in weight management.
Mannatech is in favor of adopting a focus on body composition, building muscle and fat loss, which offers a better, longer-term path to weight management over BMI.
Mannatech recognizes that the weight loss industry has predominantly focused on using scale weight and BMI for decades as a way to measure weight management success. Unfortunately, programs based on BMI are notorious for not delivering long-lasting weight loss or health benefits. This means that countless people around the world who are struggling with their weight have very few tools beyond the outdated BMI methods that will only provide temporary solutions.
To help with this problem, Mannatech is leading the effort
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Mannatech Adds 14 New Members To Its Million Dollar Club
by Ted Nuyten • • 0 Comments
Mannatech®, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, has added 14 new independent sales Associates to the Mannatech Million Dollar Club*.
The Mannatech Million Dollar Club now has 214 members, which includes Associates from around the world who have cumulatively earned more than $1 million since joining Mannatech.
“These outstanding individuals who have earned at least one million dollars during their time with Mannatech are a true testament to how we transform lives,” said Mannatech’s CEO and President, Alfredo “Al” Bala.
“For those hoping to make a difference in this world, including building a long-term business that can bring prosperity and financial security, Mannatech is the place to be.*
These 14 new Million Dollar Club members are clear proof of that. Mannatech has the foundation of
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Mannatech Q1 Revenue $40.7 Million
by Ted Nuyten • • 0 Comments
Mannatech, Incorporated, a global health and wellness company committed to transforming lives to make a better world, announced financial results for its first quarter 2016.
First Quarter Results
First quarter net sales for 2016 were $40.7 million, a decrease of $3.7 million or 8.3% as compared to $44.4 million in the first quarter of 2015.
Our net sales declined 3.6% on a constant dollar basis (see Non-GAAP Financial Measures, below); unfavorable foreign exchange caused a $2.1 million decline in GAAP net sales as compared to the same period in 2015. Income from operations was $0.5 million for the first quarter 2016, as compared to $2.5 million in the same period in 2015. Net income was $0.6 million, or $0.21 per diluted share, for the first quarter 2016, as compared to $1.1 million, or $0.40 per
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Mannatech’s Compliance Program Allows Entrepreneurs to Flourish
by Nicole Dunkley • • 0 Comments
Mannatech’s culture of compliance has become one of the strongest and most important elements that make up this company. Because of our daily efforts to ensure we are following, if not exceeding all regulatory mandates, our sales Associates are able to build safe, long-term businesses around the globe.
However, Mannatech hasn’t always been the compliance leader that it is today. In our 23-year history, we have experienced challenges that had us learn the hard way about the importance of making compliance a priority.
Years ago we had issues erupt due to the over exuberance that a few individuals expressed for our unique Glyconutrition-based products. These instances were dealt with and Mannatech paid its dues for losing its way regarding regulatory compliance. We will continue to crack down on improper disease claims (although not
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Mannatech Appoints David Johnson As CFO
by Ted Nuyten • • 0 Comments
Mannatech®, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, announced it has promoted David Johnson, Chief Accounting Officer, to Chief Financial Officer as it continues to build an executive team dedicated to supporting its independent sales Associates.
“David has demonstrated his commitment to ensuring Mannatech’s finance department is keeping pace with our global transformation of new products, new technology and international expansion,” said Mannatech’s CEO and President, Alfredo “Al” Bala.
“We believe he is well-equipped to lead Mannatech down a path of profitability and prosperity in the exciting times that lie ahead for the company.”
In his new role, Johnson will lead the company’s accounting, finance and treasury teams. Johnson joined Mannatech in July 2013 and brings more than 22 years of experience to