Tag Archive for MLM Facts

Hot Business News Today

Herbalife 2024 Revenue Down 2.7% To $5.1 Billion

by  •  • 0 Comments

Herbalife Ltd. (NYSE: HLF) today reported financial results for the fourth quarter and year ended December 31, 2023.
“We continue to modernize Herbalife with a sharp focus on top-line growth and margin expansion for 2024,”
said Michael Johnson, Chairman and CEO.
Highlights
Fourth Quarter 2023

Achieved year-over-year net sales growth on both reported and constant currency basis1
Fourth consecutive quarter of improved year-over-year reported net sales trends
Net sales of $1.2 billion, up 2.9% vs. 4Q ‘22; on constant currency basis1, net sales increased 2.5% vs. 4Q ‘22
Net income of $10.2 million and adjusted EBITDA2 of $108.8 million
Diluted EPS of $0.10 and adjusted diluted EPS2 of $0.28
Achieved cost savings of approximately $27 million related to Company’s Transformation Program, approximately $70 million realized in 2023
Recognized pre-tax expenses of approximately $12 million related to Transformation Program
Continued roll out of all-new Herbalife.com website; now live in markets representing approximately 70% of Company’s sales

Full-Year 2023

Net sales of $5.1 billion, down 2.7% vs. 2022; on constant currency basis1, net sales declined 1.6% vs. 2022
Net income of $142.2 million and adjusted EBITDA2 of $570.6 million
Diluted EPS of $1.42 and adjusted diluted EPS2 of $2.21
Net cash provided by operating activities of $357.5 million; free cash flow2 of $222.5 million

Recent Developments

Initiated process to refinance 2018 Term Loan A and

Read more...

Hot Business News Today

Velovita Promotes Rory And Tanya Ricord To North America Master Distributors

by  •  • 0 Comments

Congratulations to Rory and Tanya Ricord, whose hard work and dedication at Velovita led them to earn the coveted title of “North America Master Distributors”.
Rory and Tanya Ricord joined Velovita 3 ½ years ago –only 6 months after its inception— for one simple reason, to provide innovative products to the masses that will change the way people view network marketing.
This power couple have collectively spent an impressive 68 years dominating the direct sales industry. As top leaders in the field, Rory and Tanya achieved the highest ranks and income with their prior companies.  Rory and Tanya chose to use their collective expertise and experience of over 6 decades to help others, market and sell Velovita products.
Although they achieved an incredible amount of success in their previous venture, there was something about Velovita that drew them in.

“I met Kosta Gara in 2004 and was in his downline. Tanya and I grew so much from his mentoring over the years that when he called me to tell me he was coming out of retirement to start Velovita, we had to know more.
We had a feeling that making the jump to Velovita was with a leap of faith we needed to move into

Read more...

Hot Business News Today

Bravenly Global 2023 Revenue up 230% To $19 Million

by  •  • 0 Comments

Bravenly Global is a Triple A ranked opportunity for 2024, and CEO and founder Aspen Emry  stated on her social media:

“The Bravenly Conference 2024 just wrapped up, and all I can say is wow. This weekend was full of laughter, tears, breakthroughs, and awards upon awards for the hard work of all our Brand Partners in 2023.
If you’re seeing Bravenly all over social media, just know that you’re going to keep seeing us all over. We are early into our fourth year.

Bravenly Global revenue is as follow:

2021 revenue $1,5 Million
2022 revenue $8 Million
2023 revenue $19 Million

“This weekend we launched an incredible new product called Bravenly Fit Fuel (your new BFF), and it’s shipping out as we speak. We announced a second incentive trip for this year.  Our first is to Dominican Republic in June and our second one will be to Turks and Caicos.”

Said Aspen Emry.
Network marketing company, Bravenly Global, has recently made headlines with its noteworthy additions to the team. Top leaders, Ron and Sandy Brittain, renowned Top Leader Dr. Ralph Bietz, industry icon Keith Halls, and top leaders Garrett & Sylvia McGrath have joined Bravenly among many others.
About Bravenly Global
Bravenly Global provides a superior suite of healthy, crave-able lifestyle products that produce

Read more...

Hot Business News Today

Natural Health Trends Corp. 2023 Revenue Down 11% To $43.1 Million

by  •  • 0 Comments

Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced its financial results for the fourth quarter and full year ended December 31, 2023.
Fourth Quarter 2023 Financial Highlights

Revenue of $10.9 million increased 3% compared to $10.6 million in the third quarter of 2023 and decreased 13% compared to $12.5 million in the fourth quarter of 2022.
Operating loss was $242,000 compared to operating loss of $292,000 in the third quarter of 2023 and operating income of $43,000 in the fourth quarter of 2022.
Net income was $358,000, or $0.03 per diluted share, compared to $172,000, or $0.02 per diluted share, in the third quarter of 2023 and $188,000, or $0.02 per diluted share, in the fourth quarter of 2022.
The number of Active Members1 were down 6% to 32,410 at December 31, 2023, compared to 34,660 at September 30, 2023, and decreased 16% compared to 38,660 at December 31, 2022.

Natural Health Trends defines Active Members as those that have placed at least one product order with the Company during the preceding twelve-month period.

Full Year 2023 Financial Highlights

Revenue of $43.9 million decreased 11%

Read more...

Hot Business News Today

Steve And Gina Merritt Tell All on Eric Worre’s Excellence Project Podcast

by  •  • 0 Comments

The word is getting out Fast that Steve and Gina Merritt, are raising the bar in the Network Marketing Industry with their New Venture! Eric Worre, the Godfather of Network Marketing heard about the Merritt’s recent success and wanted to be first to interview these legends in our industry.
The podcast just launched and explains everything you want to know about this power couple achieving the Highest Rank in just 23 days and going from 130 to 71,000 team members in such a short amount of time.   
Steve, a World Champion and former Pro Athlete, and Gina a former flight attendant explain how they started their Network Marketing career living busy lives and raising four kids. Their simple yet unstoppable approach has proven to produce miraculous results not only with them but the 177 friends they have helped become millionaires in their organization. The Merritt’s only know one speed to build a successful Network Marketing business and that is full throttle and wide open!
“2024 is expected to be a record year in Network Marketing. Some companies will shine bright, and others will not. You must be deliberate with your decision in regard to what company you chose to build.
Decide

Read more...

Hot Business News Today

Top Social Media MLM Influencers Poll 2024

by  •  • 0 Comments

An influencer or digital creator, is someone who has the power to affect the purchasing decisions of others because of his or her authority, knowledge, position, or relationship with his or her audience for a Direct Sales company.

A social media MLM influencer is someone who has established credibility in the Direct Sales / MLM / Network Marketing Profession, and has access to a huge audience and can persuade others to act based on their recommendations. In fact, influencer marketing is fast evolving to become a key tool in a company’s arsenal when done right.
Some Social Media Influencers / Distributors in Network Marketing have never done off -line business, yet build a million+ dollar business. The overwhelming majority of influencers in Network Marketing is female.

Marketing departments and agencies categorise social media influencers as follow:

Nano influencers: 1,000 – 10,000 followers (Michelle Groote, Lorena Gabor)
Micro influencers: 10,000 – 100,000 followers (Tracy Nicole, John & Nadya Melton)
Macro influencers: 100,000 – 1,000,000 followers  (Holly Lynn, Savanna Sparks, Stefania Lo Gatto)
Mega influencer: 1 Million+ followers (Stormy Wellington, Hanso Legend Denis, Alex Morton)

We link to the Social Media Influencer Facebook page or Instagram.

Note: Sometimes after voting it takes some minutes before the votes are added. We use pretty heavy cache

Read more...

Hot Business News Today

Yoon Seck Hwa From South Korea Achieves Diamond at QuiAri

by  •  • 0 Comments

QuiAri Diamond Promoter, Yoon Seck Hwa from South Korea spent 20 years working at a high-stress job at a broadcasting company before joining Network Marketing.
She did it all – from recording voice-over talent to preparing schedules – and there was absolutely no room for error as deadlines were tight and the broadcasts happened live. She risked everything and left the industry to join an American MLM cosmetics company and it changed her life.
Yoon has recently found her forever home at QuiAri. It has been another life-changing move she couldn’t be happier about. She’s climbing the ranks and enjoying the perks of being a Diamond Promoter – just a few ranks away from the very top.
“My career in broadcasting meant a lot to me, but it was a lot of pressure. It was scary to leave the industry, but my leadership skills from broadcasting were a tremendous help when I first joined MLM.
I made lots of sales and earned free cars, exotic vacations, and more money than I was seeing at my full-time job. My success eventually led me to Diamond Promoters, Chloe and Jayden Kim, who introduced me to QuiAri.
At first, I had a hard time

Read more...

Hot Business News Today

Martin Bylsma Named C1 – CEO

by  •  • 0 Comments

Industry legend takes the reigns at leading network marketing company.
C1, the leading influencer marketing company, is proud to announce the appointment of industry stalwart, Martin Bylsma, as its Interim Chief Executive Officer. Mr Bylsma joined C1 in March 2020 as the Head of its Compliance Department, and has now been selected to take over the role of Interim CEO with a mandate to take the company into the digital future.

“There is no-one more experienced, more diligent and more future-focused than Martin Bylsma. C1 is proud to have him step into the role of our Interim Chief Executive Officer”

stated C1 founder, Jonas Eric Werner.
With more than 25 years of top-level experience with multi-million dollar companies in the network marketing industry, Mr Bylsma has been involved in restructuring, business development, corporate affairs, sales and marketing, legal, compliance, finance, HR and operations in dynamic industry-leading companies. This wide-ranging experience and skills set have made him the number one choice for this C-suite appointment.
C1 Chairman Robert Flohr states:

“C1 is looking forward to what Martin Bylsma will bring to the table. He has a deep well of experience in the industry, and moreover he has an innate understanding of the digital world and the ability

Read more...

Hot Business News Today

PM International 2024 Revenue Up To $3,000+ Million

by  •  • 0 Comments

PM-International Continues To Write History.
PM-International, a leading direct selling company in the health, fitness, and beauty sector, marked its 30th anniversary in 2023.
This milestone reflects the company’s continuous commitment to innovation and quality. Founded and still led by CEO Rolf Sorg, PM-International celebrated this landmark event in Mannheim, Germany, welcoming more than 15,000 thousand guests and business partners from all over the world, with over 250,000 viewers joining the celebrations online.
The company’s achievements are underlined by its #8 ranking in the ‘DSN Global 100’, an international ranking for the largest direct selling companies worldwide. In 2023, PM-International also received the ‘Bravo International Growth Award’ for an unprecedented three times in-a-row, acknowledging them as the fastest-growing international direct sales company among the ‘DSN Global 100’.
PM International Convention in Mannheim, Germany
This achievement further separates PM-International as one of the leaders in their industry and recognizes the company’s 30 years of consecutive growth to now over $3 billion in sales in 2023.

“The next goal is already set and we refer to it as ‘Go Five’: We are focusing on achieving $5 billion in sales and climb to #5 on the DSN Global 100 ranking”,

explains CEO Rolf Sorg.
PM International revenue 2016 – 2023
People

Read more...

Hot Business News Today

Momento Premier para Elías Reyes con APLGO

by  •  • 0 Comments

¡APLGO vive momentos de gloria en su llegada al continente! El gigante europeo, con más de 12 años de trayectoria, empieza ha construir historias de éxito en la región. 
En Enero fue el turno de Elías Reyes al coronarse como el primer latino en alcanzar el preciado rango de Director Premier. Este apasionado constructor de equipos de alto rendimiento, con más de 15 años de experiencia en la industria, celebra éxitos con APLGO. 
Las piezas encajan perfectamente: solidez, tecnología, plan de pago, sistema, pero sobre todo la gran experiencia y corazón de Sergey Kulikov presidente y fundador de APLGO. 
“Cada conversación que tienes con él te das cuenta que su deseo es genuino: quiere que las personas se impulsen con APLGO como un trampolín para conquistar sus sueños, que construyan un gran legado fundamentado en una empresa con principios y una oportunidad de crecimiento única” 
Estados Unidos, Canadá, República Dominicana, Ecuador, Colombia y Perú son los primeros países en oficializarse en el continente Americano del cual APLGO tienen grandes planes de expansión con su tecnología Acumullit, la cual ya está en boca de muchos por su inusual presentación y asombrosos resultados.
Acerca de APLGO
APLGO es una empresa de 11 años de antigüedad que comenzó su

Read more...