“First quarter results were in line with our guidance reflecting better-than-expected performance in South Korea and Mainland China, while the Americas and Southeast Asia continued to be impacted in large part by macro-economic factors including inflation and recession concerns,” said Ryan Napierski, Nu Skin president and CEO. ”
Although our results were down due to a difficult comparison and persistent macro-economic challenges, we continue to make steady progress toward the key priorities that underpin our Nu Vision 2025 strategy.
During the quarter, we experienced improving sequential trends in customers and paid affiliates in Mainland China.
We also introduced ageLOC® TRMe®, our personalized weight management system in South Korea, driving healthy results. In addition, our ageLOC® LumiSpa® iO device continues to gain traction with more than 3.7 million treatments performed to date, while enhancements to the capabilities of our Vera® and Stela apps are driving customer conversion and user engagement.
“In the second half of this year, we’ll further strengthen our position as the world’s leading beauty device system brand with the introduction of ageLOC WellSpa iO™, our next connected device system focused on holistic wellness and beauty.
We will also continue to evolve our social commerce business model to empower our micro-
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Global Network Marketing Industry Leader, Doan Duc Dong Joins QuiAri
by Nicole Dunkley • • 0 Comments
While most 25-year-olds are still trying to figure out their purpose in life, QuiAri Champion Promoter, Doan Duc Dong has been busy building a global empire. He got into the Network Marketing Industry early on, while he was still a student.
Doan Duc fell in love with the business model of helping others to achieve success. He recently joined QuiAri because he loves the products and wants to be part of helping millions of people around the world achieve their dream lifestyle.
“I grew up in the country – born into a poor family. All I had were big dreams, but in the Network Marketing industry that’s all you need to get started.
I joined not knowing anything about the business, but I was eager to learn and worked very hard. When I was first introduced to QuiAri, I felt excitement, sincerity, and complete love.
This is a company that is in business for all the right reasons. They want to help people improve their health and achieve their dreams, which aligns with what I do best.
I decided to commit myself 100% to the business, following every training guide, and the weekly Live Events hosted by our Founder & CEO, Bob
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USANA Plans to Expand Into India
by Nicole Dunkley • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) recently announced its plans to expand into India in the second half of 2023.
Expansion into India increases the Company’s global footprint to 25 markets.
“USANA’s expansion into India is our first new market in five years and provides an exciting and gratifying opportunity to introduce USANA’s world class health and wellness products to a new country, culture and demographic,”
said Jim Brown, President.
“We have spent several years of extensive research and meticulous work to prepare for this expansion into India.
We are confident that our products and business model are ideally suited for India, and we believe in our team’s ability to develop and grow this important market as we work toward our vision of creating the healthiest family on earth.
“While we are optimistic about the long-term growth opportunity that India presents, we also recognize that there will be learning opportunities as we serve an entirely new culture.
As such, we will take a deliberate and diligent approach to launching this market and executing our long-term growth strategy.”
The Company expects to officially launch operations in India near the end of the third quarter of 2023 and anticipates that this new market will contribute modestly to
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LifeVantage Q3 Fiscal 2023 – Revenue Up 7.5% to $53.7 million
by Nicole Dunkley • • 0 Comments
LifeVantage Corporation (Nasdaq: LFVN) recently reported financial results for its third fiscal quarter ended March 31, 2023.
Third Quarter Fiscal 2023 Summary*:
Revenue of $53.7 million, an increase of 7.5% from the prior year period. Excluding the negative impact of foreign currency fluctuations, third quarter revenue was up approximately 10.4%;
Revenue in the Americas increased 18.2% including a 19.5% increase in the United States. Revenue in Asia/Pacific & Europe decreased 14.2% and was down approximately 5.1% excluding the negative impact of foreign currency fluctuations;
Total active accounts declined 5.1% from the prior year period to 149,000, reflecting flat accounts in the Americas and a 16.3% decline in Asia/Pacific & Europe;
Net income per diluted share were $0.08, versus $0.09 per diluted share a year ago;
Adjusted earnings per diluted share were $0.08, versus $0.12 a year ago;
Adjusted EBITDA of $3.3 million, compared to $3.4 million a year ago; and
Strong balance sheet with $19.5 million of cash and no debt.
* All comparisons are on a year over year basis and compare the third quarter of fiscal 2023 to the third quarter of fiscal 2022, unless otherwise noted.
“Third quarter results demonstrate significant early progress of our LV360 strategic transformation initiatives, including our new Evolve compensation plan,”
said Steve Fife, President and Chief
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Upcoming Launch of New Ellev8 Platform to Disrupt Forex and Crypto Trading Education
by Nicole Dunkley • • 0 Comments
Since the launch of Ellev8, the premier Forex & Crypto Trading Education platform, in April 2021, thousands of traders worldwide have achieved incredible results.
With the upcoming launch of its new, sleek, and upgraded platform, Ellev8 will further revolutionize the world of Forex & Crypto Trading Education.
“I was able to afford a $ 30,000-a-month rehab facility for my son with the profits made by learning to trade through Ellev8. It literally saved his life!”
– Kelly Haupu (Ellev8 Student)
With this launch, the all-new Ellev8 will become a fully custom-built website capable of hosting millions of new users.
New Ellev8 users will get up and running within minutes. Ellev8 has streamlined the process from a new user coming on board to getting up and trading within 3 – 5 days with only 2 – 3 hours a day of coaching from expert Profit Coaches.
Community is everything in Ellev8. Ellev8 has upgraded the messaging features to allow students to add friends, follow Profit Coaches, and private message fellow students.
Additionally, Ellev8 is becoming a fully translated website, offering English, French, Czech, and Spanish, with the ability to add multiple languages as needed.
CEO Mr. Holton Buggs stated:
“We believe that the all-new Ellev8 will be
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ByDzyne’s Sandy Zhuma from Ecuador Achieves 1-Star President
by Nicole Dunkley • • 0 Comments
Continuing to deliver some of the region’s most exciting young stars, ByDzyne has yet another brilliant entrepreneur on the rise in South America with the arrival of new Ecuadorian 1-Star President Sandy Zhuma.
* A President generates over $200,000 in sales revenue during a half-a-month span.
Sandy, a 29-year-old businesswoman from the southern cultural city of Loja, Ecuador, is an Air Force veteran with over eight years of experience in her national military.
While network marketing wasn’t quite on her radar during her service, Sandy was introduced to the industry almost three years ago by her sister, fellow 1-Star President Jily Zhuma, and her life has never been the same.
Now with her dedication solely to succeeding at ByDzyne, a company that she believes has the vision and leadership that makes all the difference, she’s simply grateful for the opportunity.
“The experience and all the achievements of the founders of ByDzyne are indisputable. It is impossible to fail if you are with the best in the industry.
Therefore, I have all the gratitude and admiration towards each one of them, for their mentoring and the encouraging words that come from their souls.
I am glad to belong to this company and have the guidance
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La ecuatoriana Sandy Zhuma de ByDzyne alcanza la presidencia 1-Estrella
by Nicole Dunkley • • 0 Comments
ByDzyne sigue ofreciendo algunas de las estrellas jóvenes más interesantes de la región, y cuenta con otra brillante empresaria en ascenso en Sudamérica con la llegada de la nueva Presidenta 1-Estrella de Ecuador, Sandy Zhuma.
* Un Presidente genera más de 200.000 dólares en facturación durante un periodo de medio mes.
Sandy, una empresaria de 29 años de la ciudad cultural sureña de Loja, Ecuador, es una veterana de la Fuerza Aérea con más de ocho años de experiencia en el ejército de su país.
Aunque las redes de mercadeo no estaban del todo en su radar durante su servicio, Sandy fue introducida en la industria hace casi tres años por su hermana, la también Presidenta de 1-Estrella Jily Zhuma, y su vida nunca ha sido la misma.
Ahora, con su dedicación exclusiva al éxito en ByDzyne, una empresa que cree que tiene la visión y el liderazgo que marcan la diferencia, está simplemente agradecida por la oportunidad.
“La experiencia y todos los logros de los fundadores de ByDzyne son indiscutibles. Es imposible fracasar si estás con los mejores del sector.
Por eso, tengo toda la gratitud y admiración hacia cada uno de ellos, por su tutoría y las palabras alentadoras que salen
Hot Business News Today
Industry Leader Shelbi Kautzsch Joins Beyond Slim
by Nicole Dunkley • • 0 Comments
Sometimes you meet someone that immediately inspires you to try harder and be better. This is true of Shelbi Kautzsch; a US Army Veteran and mother of five, multi-million-dollar business owner and Beyond Slim Coach.
This powerhouse is already a seven-figure earner in the industry and is only a few years in. Even more impressive is her industry-wide team sales have already reached eight figures.
To say she has achieved a lot in the industry is an understatement and Beyond Slim® is thrilled to welcome such a dynamic leader to the team.
Achieving top ranks at Beyond Slim in just 60 days is impressive, but to then reach the highest rank yet in Beyond Slim, Gold 7 in 120 days, is record breaking.
Driven by ZipSlim®, the clinically proven wellness and weight loss product, she quickly gained the momentum needed for her team to do a whopping $3.1 million in team sales in only five months.
A driven and passionate woman by nature, Shelbi started her first business at just 22 years old, and now has not one, but seven businesses. Surprisingly, she still has the passion to do more and help others. Her motivation stems from the love of her
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Power Couple Jessi And Tobias Vogt Achieve Triple Diamond Rank At Streakk
by Team Business For Home • • 0 Comments
Jessi and Tobias Vogt have always dreamed of something bigger, wanting to find better opportunities and live the life of their dreams. They are achieving it now after finding success with Streakk.
The power couple entered the network marketing industry very recently, in October 2021. They believe that the industry provides the ultimate vehicle to lead them and thousands of others to true financial freedom.
When asked why they chose network marketing, Tobias said,
“Many good systems work with network marketing, and this is where diligence and commitment are rewarded, and it was or is the perfect opportunity for us as a family, where everyone can contribute 100% of what they are good at, and that has helped us tremendously as a family and enriched our lives incredibly.”
Jessi and Tobias entered the network marketing sector immediately after understanding the potential of the blockchain industry. They got introduced to streakk, and they were fascinated by the technology streakk offers and jumped on the opportunity. In Streakk, this power couple achieved success in no time and even achieved their dream trip to the Maldives, where they lived a luxury life for 4 days.
After meeting with the CEO and founder of Streakk, Suki Chen, who shared
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GO Global Ultimate Webinar With Eric And Marina Worre Attended By 10,000
by Team Business For Home • • 0 Comments
GO Global recently hosted a live online masterclass with over 10,000 people in attendance that featured network marketing professionals Eric Worre and Marina Worre. With over two decades of experience in the industry, the dynamic duo shared valuable insights and strategies to help individuals become more successful at closing sales calls.
The webinar covered various tips and techniques that can help individuals “close like a pro” and develop a simple and strategic approach to generating sales.
“I believe that attending the webinar with Eric and Marina Worre is essential for anyone who wants to take their business to the next level.
Their strategies and techniques have helped countless individuals achieve their financial and personal goals, and I have no doubt that those who attended the webinar will greatly benefit from their expertise.”
said CEO Nader Poordeljoo.
Some of the points covered included the importance and examples of asking the right questions, understanding and rating a prospect’s level of interest and being able to have a clear understanding of their overall goals. In addition, each topic included specific examples and strategies to help everyone, ‘close like a pro.’
Eric and Marina Worre
“We are so excited to introduce our GO Learn educational platform and believe it