Tag Archive for MLM Country Report

Hot Business News Today

Equity Research Company Praises “The Eric Worre Factor” For Herbalife

by  •  • 0 Comments

Analysts from D.A. Davidson an Equity Research Company published a long in depth report and we are publishing the highlights:

We (the analysts) attended the North American convention of Herbalife on July 20th. MLM training guru Eric Worre gave two talks — it was the best and most practical information we have seen at an MLM convention.

Worre has a consultancy agreement with Herbalife (HLF), his first-ever at the corporate level, and his compensation is based partly on getting HLF to double-digit growth. HLF announced Success Builder, a comp system tweak to drive reps to the 42% payout level.
The Eric Worre factor seems like a game-changer for the company. Training guru for the
MLM industry, Eric Worre, spent nearly 2 hours total giving 2 separate talks: “Why Herbalife?” and “7 Skill Sets.”
Several individual senior level distributor leaders had hired him personally as a training coach, so the corporate leadership decided to engage him to give access to the HLF distributors worldwide. He said he had never agreed to a corporate-wide relationship, but what convinced him with HLF was the high degree of alignment among the corporate senior management, shareholders, and distributors in the field.
Worre sincerely believes being a W-2 employee is the

Read more...

Hot Business News Today

Neumi Is Growing Fast

by  •  • 0 Comments

Top Leader Michael Firth stated:
“Many industry leaders will tell you that joining a network marketing company in its early days is a double-edged sword. Yes, it’s a time ripe with potential, but it’s also a period fraught with challenges.

We are now open for business in 72 countries, including recent launches in Indonesia with over 6,000 attendees across two events. Latin America is on fire, Europe is taking off, Hungary is exploding, and new records are being set in Israel. Japan and Thailand are also poised for pre-launch, adding to the excitement.

This is when the bugs are ironed out and the foundation is laid. Some companies, invariably, never make it past these initial hurdles, possibly due to overcapitalisation, spreading too thin or lacking a unique product that stands out in the market.
What’s truly exciting is that Neumi has not only navigated these treacherous waters but has also thrived against the odds, staying in the top tier of growth and maintaining a AAA+ rating in the industry. This speaks volumes about our product’s validity, competitive pricing, compensation plan, and strong field leadership.
Could we have done better in these first three years? Absolutely. Anyone who claims otherwise is likely trying to sell you

Read more...

Hot Business News Today

Sven & Audrey Goebel Celebrate Milestone Of 40,000 Customer Subscriptions

by  •  • 0 Comments

In a remarkable achievement, the Zinzino organization of Sven & Audrey Goebel has reached 40,000 customer subscriptions, marking a significant milestone in their impressive journey. This accomplishment, reached within a mere two-year period, highlights the exponential growth and widespread acceptance of Zinzino’s science-based products.

This translate in about Euro 3+ Million in sales per month / Euro 36+ Million per year and counting.

Starting with:

5,000 subscriptions in July 2022, the team witnessed a rapid surge to
15,000 by July 2023. This momentum has only accelerated, culminating in an impressive,
40,000 subscriptions by July 2024.

This growth not only underscores the effectiveness and affordability of Zinzino’s products but also demonstrates their strong market acceptance.
A substantial 85% of these subscriptions are attributed to real customers outside the Zinzino network, with the remaining 15% subscribed by partners. This distribution underscores the broad appeal and trust Zinzino products have garnered among consumers.
Sven Goebel, Black Ambassador at Zinzino said:

“We are thrilled to have reached this incredible milestone. This achievement is a testament to the efficacy and value of Zinzino’s products, as well as the dedication and hard work of our entire team. We are committed to continuing this growth and reaching new heights.
While our organization is also

Read more...

Hot Business News Today

LivePURE Reaffirms Commitment To The MLM Distribution Channel

by  •  • 0 Comments

Over 17 years ago, LivePURE’s founder, Mr. Dae Geun Jung, embarked on a journey in the MLM or Network Marketing distribution channel. With firsthand experience as a successful independent distributor, Mr. Jung recognized that many companies’ decisions were adversely impacting the lives and families of their distributors.
Determined to make a difference, he established LivePURE—a company dedicated to honoring its commitments to distributors and fostering success. In Mr. Jung’s words,

“Our vision is to lead the global wellness industry alongside our brand partners. Whether you’re embracing a healthier lifestyle, starting a flexible business, or both, we’re here to support your journey to success and holistic health.

“Today, LivePURE remains steadfast in its commitment. While other companies have opted to cease MLM marketing, LivePURE reaffirms its dedication to Mr. Jung’s original vision and the MLM distribution channel.
Rick Redford, President of LivePURE, expresses,

“We embrace the MLM channel wholeheartedly. It embodies the American Dream, offering opportunity regardless of background. Discontinuing MLM operations impacts millions of families globally, which we find deeply troubling. LivePURE is committed to the long-term prosperity of this vital industry.”

In response to evolving consumer trends over the past decade, such as the rise of Affiliates and Influencers, LivePURE pioneered the Customer Retention Bonus

Read more...

Hot Business News Today

Top Leaders Jordan And Kristen Kemper Join Start-Up Make Wellness

by  •  • 0 Comments

Jordan Kamper said:
This is the beginning of a new season for Kristen Rocco Kemper and me. We’ve decided to close our chapter with our prevoius company and begin a new one. We’re moving on with no regrets and nothing but gratitude in our hearts!

Partnering with our previous company was truly one of the best decisions of our lives. The best part was the people we’ve gotten to serve and work alongside. Our team was a magnet for some of the best people we’ve ever known and we changed so many lives together.
From mountain and seaside retreats, weekly Family Meetings, events all over the country together and more, we’ll cherish these memories forever.

Thank you to every single person that supported us in this season and gave us the honor of serving you in some capacity. Whether that was as a customer or teammate, we’re so incredibly grateful for you.
Jordan and Kristen Kemper

Kristen and I have always had a passion for helping people realize their potential and build their dreams. To create financial freedom for their family while honoring the things that matters most.
We were able to do that more than we ever have in this last season and we’re

Read more...

Hot Business News Today

Lulwa Almarri Achieves Presidential Ambassador Rank At iGenius

by  •  • 0 Comments

Lulwa Almarri is a twenty-six-year-old from Saudi Arabia. Lulwa has always been a go-getter. She was an A+ student, and after graduating she ventured into the hospitality industry and eagerly opened up a small restaurant to establish her name and reputation.
This endeavour demanded significant financial investment and a major time commitment, spanning no less than 17 hours per day.
Lulwa was serendipitously introduced to network marketing and her journey with the industry has been profoundly transformative. A post on social media ignited her curiosity, and her journey was guided by the pursuit of building both her personal brand and wealth within a concise timeframe.
Lulwa joined iGenius and has never looked back. She said,

“Transitioning from entrepreneurship to iGenius, I discerned a marked disparity in three key aspects: quality, time efficiency, and intrinsic value. These elements, which were somewhat lacking in my previous business venture, constitute the pillars of iGenius’s operational ethos, fostering a sense of alignment with my professional values.
The allure of iGenius stemmed from its forward-thinking vision for company growth. Its array of auxiliary products offered genuine solutions for various communities, aligning with my personal values. Additionally, the international reach of iGenius products appealed to me, motivating my desire to contribute

Read more...

Hot Business News Today

Isagenix Raises The Bar For Associate Rewards With New Team Builders Bonus

by  •  • 0 Comments

The Team Builders Bonus increases awards and earnings potential, providing field Associates novel incentives to promote wellness and drive growth in the network marketing profession.
Isagenix International (“Isagenix” or “the company”), a global leader in health and wellness products, has recently launched its brand-new Team Builders Bonus program, an industry-leading bonus program that allows Associates to receive additional payouts based on customer and team product orders for as long as they qualify. This innovative and successful bonus program is designed to significantly enhance Associate rewards and earnings, setting a new standard for the industry.
Since rolling out in January 2024, compared to the previous Executive Leadership Bonus program, this bonus has paid more than twice as many Associates and those earning have earned on average 27% more compared to the Executive Leadership Bonus program*. Additionally, the bonus is linked to other incentive trips, simplifying the cash and rewards someone can earn with Isagenix. In April, top performers in the Team Builder Bonus earned an additional benefit: a cruise to the Bahamas through the program’s Welcome Aboard Challenge.** This is all in addition to the company’s compensation plan.

“Isagenix is proud to offer our Team Builders Bonus program, which will allow us to better

Read more...

Hot Business News Today

Herbalife Q2 Revenue Down 2.5% To $1.3 Billion

by  •  • 0 Comments

Herbalife Ltd. (NYSE: HLF) reported financial results for the second quarter ended June 30, 2024:

“Our Q2 Adjusted EBITDA1 is the highest it’s been in seven quarters. We remain focused on driving shareholder value as the continued increase in new distributors builds the foundation for sales growth,”

stated Michael Johnson, Chairman and CEO.

Net sales of $1.3 billion, down 2.5% vs. Q2 ’23 due to 270 basis points of FX headwinds

Achieved year-over-year net sales growth on constant currency basis2, up 0.2%, driven by increases in Latin America, EMEA and Asia Pacific

Net income of $4.7 million; adjusted net income1 of $54.8 million
Adjusted EBITDA1 of $180.0 million exceeds guidance; adjusted EBITDA1 margin up 120 basis points year-over-year
Diluted EPS of $0.05; adjusted diluted EPS1 of $0.54

Restructuring Program expenses, net of tax, $0.33 diluted EPS headwind; excluded from adjusted results
Loss on extinguishment of debt, net of tax, $0.07 diluted EPS headwind; excluded from adjusted results

Net cash provided by operating activities of $102.5 million; capital expenditures of approximately $36 million
Credit Agreement EBITDA1 $208.0 million; total leverage ratio reduced to 3.5x at June 30.

“We continue to make significant progress in our initiatives to enhance profitability,” said John DeSimone, Chief Financial Officer.
“We remain focused on further expanding margins, creating shareholder value and

Read more...

Hot Business News Today

Impact Global Unveils Mojo And Armor In The USA

by  •  • 0 Comments

Impact Global is thrilled to announce its prelaunch in the US market with two innovative and revolutionary products: Mojo and Armor. These groundbreaking products are designed to meet the ever-growing demand for high-quality health solutions, promising to revolutionize weight loss and gut health, respectively. With the US market as its starting point, Impact Global plans to expand distribution to international markets, ensuring that these cutting-edge products reach a global audience.
Mojo: The Feel-Good Weight Loss Solution
Mojo is set to change the way people approach shedding pounds. Unlike traditional weight loss supplements that often come with unpleasant side effects, Mojo focuses on promoting a positive mood while aiding weight loss. Packed with natural ingredients known for their mood-boosting and fat-burning properties, Mojo represents a holistic approach to weight management, recognizing the importance of mental health in achieving physical health goals.
Armor: Comprehensive Gut Health and Immunity Solution
Armor is Impact Global’s comprehensive solution for gut health and immunity. Recognizing the critical role of the gut in overall health, Armor is formulated to support and enhance gut flora, thereby boosting the immune system. This product combines prebiotics, probiotics, and postbiotics with other essential nutrients to create a robust defense against common health issues. By fostering

Read more...

Hot Business News Today

Young Living Celebrates 30th Anniversary

by  •  • 0 Comments

Young Living, the world leader in essential oils, is celebrating its 30th anniversary during its YL30 International Grand Convention from July 17–20, 2024, at the Salt Palace Convention Center in Salt Lake City, Utah. As part of the celebration, the company unveiled a series of new products to continue its legacy of providing and innovating natural wellness solutions.
The annual convention is an opportunity for Young Living Brand Partners and wellness enthusiasts from around the world to unite, learn together, and strengthen their commitment to well-being—both in person and virtually. This year’s YL30 marks three decades of the global community’s collective journey toward purpose and abundance.
We will continue to lead in making a shift to a low-tox lifestyle by bringing innovative and plant-powered products into more homes and inspiring holistic, healthier living worldwide.

“This milestone not only celebrates our past achievements but also sets the stage for an exciting future filled with innovation and opportunity. We will continue to lead in making a shift to a low-tox lifestyle by bringing innovative and plant-powered products into more homes and inspiring holistic, healthier living worldwide.”

said Ben Riley, president of Young Living.

Attendees have experienced the new launches firsthand, plus tried-and-true favorites, in the expansive product

Read more...