Tag Archive for MLM Facts

Nu Skin Revenue 2024 Down 12% To $1,730 Million

Nu Skin Enterprises Inc. (NYSE: NUS) today announced fourth quarter and full-year 2024 results above its latest revenue guidance.
Executive Summary Q4 2024 vs. Prior-year Quarter

Revenue $445.6 million; (8.8)% (4.1)% FX impact or $(20.1) million
Rhyz revenue $83.1 million; 27.7%
Earnings Per Share (EPS) $(0.73) or $0.38 excluding restructuring and other charges, compared to $0.15 or $0.37 excluding restructuring and other charges
Customers 831,972; (15)%
Paid Affiliates 144,874; (13)% or (12)% excluding an adjustment to eligibility requirements
Sales Leaders 36,912; (16)%

Executive Summary 2024 vs. 2023

Revenue: $1.73 billion; (12.0)% (3.8)% FX impact or $(76.1) million
Rhyz revenue $286.6 million; 32.3%
Earnings Per Share (EPS): $(2.95) or $0.84 excluding restructuring and other charges, compared to $0.17 or $1.85 excluding inventory write-off and other charges

Ryan Napierski, Nu Skin president and CEO said:

“We were pleased to beat our fourth quarter revenue guidance, generate sequential revenue growth and exceed our adjusted earnings as we materially completed our restructuring plan. As we look ahead to 2025, we anticipate improving business trends and a return to year-over-year growth in several of our markets but also anticipate continued economic challenges and poor consumer sentiment, particularly in Greater China and South Korea.

Napierski continued:

“This year we will focus on strengthening our core Nu Skin business with the continued

Read more...

Anthony Napolitano Celebrates 10 Year Anniversary with iGenius

Anthony Napolitano, from Port Saint Lucie, Florida, recently celebrated his ten-year anniversary with iGenius. He’s reached an incredible benchmark on his network marketing journey and has been with iGenius longer than any other member. 
Anthony Napolitano said,
“The reason why I love iGenius is because of the value we’re bringing to the market when it comes to financial education and financial literacy. It is something that a very small percentage of the world is truly educated on.
A lot of people think hard work is the key to success. It’s important to have ambition, but the ambition has to be in the right vehicle. iGenius is the right vehicle, and that’s why I love this company.”
When Anthony first got involved with the company, it was a very early-stage business. Because of that, he’s felt like he’s had a voice and an impact in building the business to where it is today. 
He said, 
“When I joined iGenius I knew it was going to be a long-term play. I don’t just join things; I help create things. With iGenius I saw an opportunity to help create a business that can help impact the lives of people from all around the world and create success stories for

Read more...

Wichada Ruaykrit, General Manager of QuiAri Thailand, Brings Years Of Global Executive-Level Experience to the Table

QuiAri is just one week away from the Grand Opening of their highly anticipated office in Bangkok, Thailand. Excitement can be felt throughout the MLM industry as top Industry Leaders, Prospects, and Customers expect explosive growth and skyrocketing momentum throughout Thailand. QuiAri Founder & CEO, Bob Reina has pulled out all of the stops and is ready to shatter records.
He made his intentions for Thailand crystal clear with the announcement of Wichada Ruaykrit as General Manager for the QuiAri Thailand Office. Wichada is a talented, well-respected and experienced local Leader with the exact MLM pedigree Bob Reina was looking for to help launch and manage the new office.
She has held Executive-Level positions at 6 global Network Marketing companies (4 from the United States, 2 from Germany) before joining QuiAri and has also served as a Consultant, Personal Assistant, and even as a Promoter in the Field for several other companies, acquiring a deep understanding of the MLM industry and learning how to quickly achieve success.
Her decision to join QuiAri was easy, as she was well aware of QuiAri’s breakthrough anti-aging Products featuring MaquiX®, and the world’s first and only 5-Minute Pay Compensation Plan. With big dreams and

Read more...

How To Obtain A Direct Sales License For China

Obtaining a direct sales license in China involves navigating a comprehensive regulatory framework established to oversee direct selling activities.
It’s important to note that while direct selling is permitted, multi-level marketing (MLM) structures are prohibited in China. The regulations strictly forbid compensation based on the recruitment of new sales people.

Given the complexity of the application process and the stringent regulatory environment, it is advisable to consult with legal experts or professional consultants who specialise in Chinese commercial law to ensure full compliance and to facilitate a successful application.

The key regulations governing this process are the “Regulation on Direct Selling Administration” and the “Regulation on Prohibition of Chuanxiao (Pyramid Selling),” both enacted in 2005. These regulations permit direct selling under stringent conditions to prevent pyramid schemes and ensure market stability.
Eligibility Criteria:
To qualify for a direct sales license, an applicant must meet the following conditions:
Corporate Status: The applicant must be a legally established corporate entity. The applicant for the Direct Sales License has to set-up a FIE (i.e. Foreign Invested Enterprise) in the form of a WFOE, thus it is necessary to get the approval of the MOFCOM for this proposed investment. The investment is going to be approved only if the investor

Read more...

BE Club Giacomina Karras Hits Presidential Diamond In 30 Days

Network Marketing Professional Giacomina Karras has achieved an extraordinary milestone, reaching the rank of Presidential Diamond at BE Club in one month. Her story is one of resilience, determination, and the power of Network Marketing to change lives.
From struggle to success
Just a few years ago, Giacomina was juggling two jobs, yet still found herself struggling financially, burdened by $6,000 in debt. In search of a way to turn her situation around, she discovered Network Marketing.
What started as way to pay off debt quickly became her passion. Within just five months, she had become a six-figure earner, proving that the right opportunity, combined with right person, can lead to incredible success.
To achieve Presidential Diamond at BE Club, one must do revenue of over $340,000 sales in their organization in a 4-week cycle in their total organization. Giacomina has exceeded this target in an incredible time.
Encouraging and sharing growth
Giacomina is committed to expanding her network and contributing to shared success. She leverages BE Club’s powerful products to create value, attract new members, and build a thriving community.

“By staying committed and leading by example, I will not only grow my own network but also help others achieve their goals within BE Club.”

Why BE

Read more...

Zinzino Announces Acquisition Of Zurvita’s Assets

In a press release dated December 21, 2024, Zinzino announced that the company has finalized an agreement to acquire the assets of Zurvita, a direct-selling healthcare company, after serving as a debtor-in-possession (DIP) financier during Zurvita’s Chapter 11 bankruptcy proceedings.
Zinzino provided DIP financing totaling USD 4.5 million, and following the successful completion of the restructuring process, its offer to acquire Zurvita’s assets has been accepted as part of a debt-settled purchase arrangement. The final terms of the acquisition have now been agreed upon by both parties.

Under the agreement, Zinzino will pay a fixed purchase price of USD 9.4 million, which includes the DIP financing. Of this amount, USD 2.5 million will be settled through newly issued Zinzino shares.

Additionally, the acquisition includes contingent earn-out payments based on sales performance from 2025 to 2029, with a maximum additional consideration of USD 1.9 million, which will also be fully settled in newly issued Zinzino shares. The cash portion of the purchase price will be financed through Zinzino’s existing cash reserves.
Zurvita operates in the United States, Canada, and Mexico, offering a diverse portfolio of innovative health and wellness products. Through this acquisition, Zinzino will gain access to Zurvita’s distribution network, inventory, intellectual property

Read more...

Kimberly Caruana Achieves Double Diamond Rank At Valentus Global

Kimberly Caruana, a 27-year-old entrepreneur from Malta, is making waves in the network marketing world with her remarkable achievements in Valentus Global.
A dedicated mother of three, Kimberly began her journey four and a half years ago as a part-time distributor. Within two years, her hard work and vision led her to become fully self-employed, allowing her to spend more time with her family, purchase their home, and build a future on her own terms.
Today, as a Double Diamond, Kimberly is a driving force behind 200% team growth, leading an unstoppable organization. She works closely with Ivan Martinec, and together they are preparing to launch new teams in Italy, marking a new chapter in Valentus Global’s European expansion.
A Champion in Business and Travel
Kimberly’s consistency and leadership have earned her exclusive rewards, including last year’s incentive trip to Marrakech, Morocco, and this year’s prestigious trip to Dubai. These achievements showcase not only her success but also the impact she has on her team, inspiring them to reach new heights.
Introducing SKNY-U: Valentus Global’s Revolutionary New Product
As Kimberly continues to lead her team to record-breaking growth, Valentus Global has introduced a groundbreaking new product SKNY-U, a CB2 Terpene Fat Burner that is already creating

Read more...

Carlos Garcia And Rashel Diaz Achieve Highest Rank at LifeWave

Success in Network Marketing is often measured in years. Carlos Garcia, and Rashel Diaz, achieve Senior Presidential Director, at LifeWave and did it in just seven weeks.
Not because they were looking for something new. Not because they needed another business.
But because they recognized an opportunity that only comes once—one that aligns with their values, delivers real impact, and is built on a system designed for massive, duplicable growth.
“We’ve always believed that success isn’t just about what you achieve for yourself, but about how many people you can help along the way. When we saw what the X39 Wearable Device could do—not just for us, but for so many others—we knew we had to be part of it.” – Carlos & Rashel
The Moment That Changed Everything
Their introduction to the business didn’t come with a formal pitch, slides, or projections. It started with curiosity and results.
It was Jay Adkins, a trusted business partner and their upline at Highest Rank, who first told Carlos about X39™. Carlos put the patch on his wife, Rashel without telling her much about it.
Four days later, Rashel turned to Carlos, her voice filled with something between surprise and certainty.
“What is this? Because the way I feel, I want

Read more...

Timeless Love: QNET’s Bernhard H. Mayer Showcases Elegant Craftsmanship for Valentine’s Day

This Valentine’s Day, Bernhard H. Mayer, a luxury brand available exclusively through QNET, introduces the Alto Ceramic Watch and the Insignia Heart Jewelry Set, both exemplifying the brand’s commitment to timeless design and exceptional craftsmanship.
The Alto Ceramic Watch, crafted in Switzerland, features a scratch-resistant ceramic bezel, stainless-steel case, and sapphire crystal glass. It operates on precision quartz movement with luminous hands for low-light readability and is water-resistant up to 50 meters—blending durability with refined aesthetics for everyday wear.
The global luxury watch market, valued at USD 42.21 billion in 2022, is projected to grow at a CAGR of 5.0% through 2030, driven by increasing demand for premium timepieces and evolving consumer preferences. Ceramic watches, known for their durability, lightweight design, and hypoallergenic properties, have become a standout choice. Their resistance to scratches and fading, along with advancements in ceramic technology, enhances their appeal among modern consumers.
The Insignia Heart Jewelry Set, featuring a pendant and matching earrings with heart-shaped motifs and gemstone accents, is crafted from high-quality materials for versatile wear, either as a set or individually.
“Valentine’s Day is more than just a date on the calendar; it’s a time when people seek meaningful ways to express their emotions,”

said Trevor Kuna, QNET’s

Read more...

QuiAri’s Global Expansion Explodes in Thailand Ahead of the Grand Opening of a New Office

QuiAri’s extraordinary global momentum and growth in over 100 countries worldwide have shattered long-standing industry records and taken the MLM industry by storm Led by Bob Reina and an Executive Team with over 500 years of combined Network Marketing experience, QuiAri has revolutionized the MLM and anti-aging industry as well as helped hundreds of thousands of excited Promoters and Customers look and feel younger and dream bigger.
Bob Reina has led the charge, adopting a rapid global expansion strategy backed by breakthrough anti-aging Products and the world’s first and only 5-Minute Pay Compensation Plan. The results have been nothing short of phenomenal – and QuiAri is just getting started. Bob and QuiAri are preparing for the next wave of global expansion, this time in Thailand. 
The Grand Opening of QuiAri’s office in Bangkok is scheduled for Saturday, February 22, 2025.
QuiAri Thailand
7/2-7 The Paseo Town
Building H, Room No. H205-206
Ramkhamhaeng Road
Saphansoong, Bangkok 10240
Sleek, modern, and spacious, the 1,614 square foot (150 square meters) office is the talk of the industry. Located in the busy suburbs of Bangkok, it is conveniently located on the 2nd floor of a beautifully designed, open-concept shopping mall. 

QuiAri General Manager for Thailand, Nan Ruaykrit is especially excited about the

Read more...