Tag Archive for MLM Country Report

Herbalife Q2 Earnings – $1.3 Billion Revenue + 7%

 
Herbalife Ltd. Announces Second Quarter 2014 Results and Raises 2014 Earnings Guidance

Second quarter worldwide volume growth of 5 percent compared to the prior year period.
Adjusted1 EPS of $1.55 increased 10 percent compared to the prior year. Reported EPS of $1.31 primarily reflects the impact of the non-cash costs associated with the convert and other items.
Raising FY’14 adjusted diluted EPS guidance to a range of $6.17 to $6.32.
Repurchased $581 million or 9.8 million shares during the quarter.

Herbalife Ltd. (NYSE: HLF) today reported second quarter net sales of $1.3 billion, reflecting an increase of 7 percent compared to the same time period in 2013 on volume point growth of 5 percent. Adjusted1 net income for the quarter of $141.4 million, or $1.55 per diluted share, compares to 2013 second quarter adjusted net income of $150.7 million, or $1.41 per diluted share. On a reported basis, second quarter 2014 net income of $119.5 million, or $1.31 per diluted share compares to $143.2 million, or $1.34 per diluted share for the same period in 2013.
“Herbalife has once again delivered strong results in sales and profitability while demonstrating our continued ability to enhance our earnings per share,” said Michael Johnson, Herbalife’s chairman and CEO. “Our

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Ted Nuyten and Dini Noorlander Coming To America

 
We will be touring 6 weeks through the USA in November, interviewing Network Marketing top earners, CEO’s and corporate executives.
If you want to meet us, we will be attending 3 generic MLM events:
Art Jonak’s Direct Selling Mastermind event in Orlando, Florida from 31 October – 2 November. We will stay in the The Renaissance Hotel, 6677 Sea Harbor Drive, Orlando, Florida.
Eric Worre’s Go Pro event in Las Vegas, Nevada from 20-23 November. We will stay in the Wynn, 3131 Las Vegas Boulevard, Las Vegas.
MLM Cruise 2014 sailing out from Tampa, Florida from 30 November – 7 December to Costa Maya, Belize, Roatan, and Grand Cayman.
It is our goal to shake hands with 1,000+ MLM professionals
Let’s meet?
About Business For Home.org
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.
Ted is a happy user of several outstanding Direct Selling products such as: Cosmetics, Liquid vitamins, Shakes, Jewelry, Internet Marketing courses and Health related stuff
Approximately twice a week there is a mailing to 46,900+ worldwide double opt-in subscribers and we share articles through the Business For Home Facebook Business

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Vox Media: Herbalife Science Is Definitely Garbage

 
Vox Media is one of the USA’s largest and fastest growing online publishers. Based in Washington DC, Vox owns and operates sites in distinct vertical categories: general news, sports, technology & culture, gaming, dining & nightlife, shopping & fashion, and design & real estate.
According to Vox:
On the Herbalife website, there’s a section dedicated to “science videos,” where various company stakeholders boast that they “guarantee the very best science” behind their products, which are all “science proven.”
Dig a little deeper, however, and it seems the evidentiary underpinnings of Herbalife’s wares boil down to only four very weak studies that can barely be called science, let alone the “very best science.” If this is Herbalife’s prime research and development, then the company’s science is definitely garbage and customers should question the health claims on its products.
A look at Herbalife’s clinical trials
On a dedicated science website, Herbalife cites four clinical trials to prove the safety and effectiveness of its products:
1) The first clinical study compares weight and fat loss in two groups of obese men and women: the first went on a diet involving protein enriched Herbalife meal-replacement shakes; the second dieted with a standard Herbalife shake. While the study shows that both groups

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Dennis Bay – World Ventures Hits $1 Million In 12 Months

 
Dennis Bay  from Sinagapore made over 1 million dollars USD in the past 12 months as World Ventures distributor. On his website Dennis stated:
“Dennis graduated from the National University Of Singapore in 2002 with a Bachelors Degree in Computer Science. While in school, Dennis read a book called “Rich Dad Poor Dad” by Robert Kiyosaki and that set him off on the path of entrepreneurship. ”
He started his own web design business part time and also started a network marketing wellness home business. Before he graduated, he had already built a 6 figure annual income from his businesses at the age of 23.
Dennis travelled the world teaching people how to start their home based businesses, coaching thousands of people throughout Asia, from Singapore to Malaysia, Indonesia and all over Greater China. He even started his own online business club that coached thousands of people from over 40 countries.

I’m actually the 1st Director in the entire Asia for Worldventures which is a multimillion dollar travel marketing company from the USA.

About WorldVentures:
WorldVentures is the leading international direct seller of vacation club memberships. WorldVentures is on a mission to help people achieve more fun, freedom and fulfillment in their lives, and to

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Nu Skin Publishes Average USA Distributor Earnings

 
According to Nu Skin:
In 2013, the Company paid approximately $143,266,000 in commissions to Distributors residing in the United States.
There are two fundamental ways in which a Distributor can earn compensation:
Through retail markups on sales of products purchased at wholesale prices; and
Through commissions (sometimes called bonuses) paid on one’s product sales and the sales of other Distributors in one’s downline sales network. As with any other sales opportunity, the compensation earned by Distributors varies significantly and is based upon the time Distributors devote to the business, etc. The cost to become a Distributor is very low.
People become Distributors for various reasons. Many people become Distributors simply to enjoy the Company’s products at wholesale prices. Some join the business to improve their skills or to experience the management of their own business. Others become Distributors, but for various reasons, never purchase products from the Company.
Consequently, many Distributors never qualify to receive commissions. Generating meaningful compensation as a Distributor requires considerable time, effort, and commitment. This is not a get rich quick program. There are no guarantees of financial success.
The average commission paid to U.S. Active Distributors each month was $176.00, or $2,112.05 on an annualized basis. In 2013, the average monthly

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Lawsuit: Nu Skin Paid MLM Compensation To Chinese Distributors

 
Several former Chinese distributors of Nu Skin Enterprises, Inc. claim the marketer of skin care and nutritional supplements authorized sales representatives to earn compensation on their “downline” network in violation of the country’s regulations, according to a consolidated putative class-action complaint that was filed last month in Utah federal court against Nu Skin.
Nu Skin misled shareholders, orchestrating a “massive expansion in China knowing that Nu Skin’s form of multi-level compensation violated many of China’s regulations on direct selling and prohibitions on pyramid schemes,” the lead plaintiff State-Boston Retirement System, a government pension plan, alleged in the 124-page lawsuit filed on June 30.
Plaintiffs in the consolidated complaint have requested certification of a class of shareholders who purchased Nu Skin securities including options between May 4, 2011 and January 17, 2014. The end of the class period roughly coincides with a precipitous decline in Nu Skin’s stock price (NUS: NYSE), following revelations that the Chinese government was investigating its business practices. 
Plaintiffs have alleged violations of Section 10(b) of The Exchange Act and Rule 10(b)(5), and Section 20(a) of The Exchange Act.
“We continue to believe the allegations are without merit and intend to defend ourselves vigorously,” Nu Skin spokesperson Kara Schneck said. “Nu

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FTC In South Korea Reveals Average MLM Incomes

 
The South Korea FTC released information on the country’s multi-level direct marketing companies and their distributors.
Distributors at Amway in South-Korea made an average of 770,000 won ($760)  last year, data by the Fair Trade Commission (FTC) showed Tuesday.
According to the data, the number of such companies has been growing steadily, to 106 last year from 67 in 2010.
These companies recorded 3.9 trillion won in combined sales last year, up 19.9 percent from the previous year.
They paid their distributors 1.3 trillion won as commission, but the income was concentrated on only a handful of them ? while the top 1 percent of the active distributors were paid on average 56.6 million won for 2013, the remaining 99 percent made 469,000 won on average.
The number of those who got commissions was 1.3 million, or 22 percent of the total registered as distributors at these multi-level direct sales companies.
Among the multi-level direct marketing companies in the country, Amway Korea is the biggest, with 1.1 trillion won in sales and 1.1 million distributors last year.
Among them, 456,797 got sales commissions totaling 353.3 billion won ? an average of 770,000 won each.
Herbalife in Korea, ranked as the second-biggest player in the industry, with 568.3 billion

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Amber Witt Onstine – Isagenix Hits 2 Star Golden Circle

 
Amber Witt Onstine distributor for Isagenix achieved the rank of Crystal Executive on July 1.
Just one week later, Amber promoted to 1-Star and then again to 2-Star in the same week.
Amber stated:

I keep pinching myself that I am doing this business while I’m at the pool, park, or beach and that I’m able to bring others with me to create total physical and financial freedom! This FEELS AMAZING to empower others.

Her enroller Michael Clouse stated:

That’s an income between $56,160 to $109,512 per year!
So how did this extremely busy wife and mom of four kids under the age of 12 accomplish this impressive goal?
As I wrote less than a week ago, Amber has a BURNING DESIRE to succeed! Her passion is contagious, her determination is outrageous, and her commitment is second to none!
From the moment I met Amber, I knew she was going straight to the top of our company.
Whatever was thrown at her, whatever she needed to do, whatever it took, Amber was going to figure it out; she was going to go over it, around it, or through it…and she did just that! Well done, Amber.
You are a true inspiration to anyone who knows

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John and Tiffaney Malott – Seacret Direct Top Earners Interview

 
John and Tiffaney Malott are Seacret Direct Top Earners and have been recognized as Seacret Direct’s first Crown Agents, earning a $250,000 rank advancement bonus and $4,000 a month car bonus in september 2013. The power couple lives both in Phoenx Arizona, as in Mexico.
SEACRET is an international business that has spread to more than 40 countries around the globe. With its affiliate partners, it has more than $1 billion in retail product sales.
The company has become one of the largest distributors of Dead Sea cosmetics, with its products formulated in the largest manufacturing plant in the world, right next to the shores of the Dead Sea. All of this has been accomplished in just the few years since SEACRET was born in 2005.
Ted Nuyten had the honor to interview John and Tiffaney Mallot.
John and Tiffaney, how did you get involved into the Network Marketing industry?
Tiffaney: I was working as a supervisor at the J.M.Smucker company in Memphis, TN. I was looking for a way to make an extra $500/week without getting a second job because I was already working 60 hours a week. I took a trip with my younger sister and I met a gentleman that had

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Zija Experiences 30% Growth in Japan During June

 
Zija International recently experienced its best month ever in Japan since launching there in 2010.
The company introduced a new promotion called “Fast Start Commissions (FSC)” in May, which has taken off and helped Zija Japan experience 30% growth during June 2014.
In response to the success of the FSC promotion, Zija recently launched 2 new promotions that go along with it called Race to Summit 2014 and Fast Start 500, respectively.
Both are expected to further help all markets participating in the FSC promotion—including the United States, Canada, and the company’s Southeast Asia and Latin American markets—to experience similar types of growth and Distributor success.
Zija International 
located in Lehi, Utah, develops natural, earth-friendly health, wellness, nutrition and fitness products. Zija currently operates in 50+ countries worldwide through its global family of Independent Distributors.
Although the company has been in business for only a few short years, it has experienced impressive growth year after year and been recognized as one of the fastest-growing and top-revenue companies by Inc. Magazine, Direct Selling News, and Utah Valley Magazine, to name a few.

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