According to an article on doTerra.com the company:
hit $1 billion in revenue, and had the first $100 million month in 2016.
The US alone became a $1 billion market.
doTERRA became 100% debt-free.
doTERRA became the World’s Largest Essential Oil Company.
1 million packages a month were shipped in the US.
doTERRA recently announced the grand opening of its new, 4500-square-foot office and product center which is 150 percent larger than the previous office, and will serve thousands of people living in and visiting Victoria.
The state-of-the-art product center, located at Level 1, 271, Wellington Road, Mulgrave, Victoria, Australia, is near the M1 and EastLink freeways, providing convenient, easy access for doTERRA’s independent direct-sales, Wellness Advocate distributers in Victoria. The product center will be open to the public, where locals can experience doTERRA products and learn how essential
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Top 500 Direct Selling Companies Worldwide
by Ted Nuyten • • 0 Comments
According to the USA Direct Selling Association and the World Federation Of Direct Selling Associations, (WFDSA) the market is $183 billion worldwide with 103 million distributors. (Year 2015)
However the WFDSA measure their members only and the majority of Direct Selling companies are not members.
There are more than 10,000+ Direct Selling companies worldwide, many of them in Asia and China, under the radar and are in the $25 – $100+ million sales range.
We research on an ongoing basis the sales / revenue of Direct Selling companies for 2015.
If we estimate revenue, based on the information we have, we tend to do so on the low side. Holdings with a multi channel strategy (Vorwerk) or with ownership in several companies (JRJR Networks) we split out.
Based on below figures for 500+ companies, we are pretty sure the total market exceeds $250 Billion
As we research on
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Plexus Worldwide Tour Attracts 15,000 Attendees
by Ted Nuyten • • 0 Comments
Nearly 90 days after it launched, Scottsdale-based Plexus Worldwide, a leading direct-selling health, wellness and weight-management company, has completed a 40-city “Opportunity of a Lifetime Tour” across the U.S, Canada, and Australia.
Plexus Worldwide currently has more than 250 employees in Arizona and more than 300,000 Ambassadors across the United States, Canada, Australia and New Zealand. Just five years ago, Plexus had revenues of less than one million, and in 2015 Plexus surpassed $384 Million.
The program, which has been operating for several years, drew record-breaking crowds for the company as an estimated 15,000 current and potential Ambassadors (independent resellers) attended the events.
Plexus Worldwide’s “Opportunity of a Lifetime Tour” is a two-hour event, usually held in a hotel ballroom, that gives current and potential Ambassadors the opportunity to learn about Plexus’ products and the
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Youngevity Aims For $175 To $190 Million Revenue
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (OTCQX: YGYI), a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today announced the Company’s management team will commence the strategic growth agenda, which was first announced and outlined on the First Quarter Shareholder Conference Call.
David Briskie, President and CFO of Youngevity, stated,
“As announced on our earnings call, we are ready to begin our corporate strategic growth initiative.
Having issued guidance in the range of $175 to 190 Million for 2016, we believe we are at the perfect inflection point to take the Company to new heights.
We will investigate an up listing on one of the senior exchanges. Our plan is ambitious; however, with strong product sales, over 1000 products available, organic growth and the stepped
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Oriflame Q1 Revenue Down 1% To $305 Million
by Ted Nuyten • • 0 Comments
CEO Magnus Brännström comments:
“We are pleased with the overall local sales development during the first quarter, where sequential improvements are seen in most geographies. Asia & Turkey and Latin America continued to record double digit growth and increased profitability.
While the reversal of the previous negative sales trend in the CIS is promising, the situation remains uncertain with sustained external and margin improvement challenges. The positive sales momentum for the group has continued into the second quarter, further enhanced by some strong catalogues in April.
The underlying business and financial performance is encouraging, although we continue to be heavily impacted by persistent currency headwinds and deteriorating macro across many of our regions. Efficiency initiatives are ongoing and are delivering desired results.”
3 months ended 31 March 2016
Local currency sales increased by 10% and Euro sales
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Vorwerk 2015 Revenue Up 23.9% To Euro 3.5 Billion
by Ted Nuyten • • 0 Comments
A new sales record, significant growth in almost all of its business segments and further expansion of its digital offering: At its financial press conference in Düsseldorf today, the Wuppertal-based (Germany) Vorwerk Group presented its figures for the fiscal year 2015.
“We have a very successful year to look back on,” as the Managing Partners Reiner Strecker, Frank van Oers and Rainer Genes reported emphatically.
The Vorwerk Group’s total sales volume rose by 23.9 percent to a present 3.5 billion euros in the reporting year. An impressive increase in the Group’s business volume, which also takes into account new akf group business amounting to 1.1 billion euros. With business volume in 2015 totaling 4.1 billion euros, the Group generated year-on-year growth of 23.4 percent.
With revenue totaling 2.9 billion euros, the Group’s core business –
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Youngevity Q1 Revenue Up 3% To $38.2 Million
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (OTCQX: YGYI) (www.YGYI.com), a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the first quarter ended March 31, 2016.
2016 First Quarter Highlights:
Net Revenues increased 3.8% over the prior year to $38.2 million
Gross Profit increased 15.2% to $23.4 million compared to the prior year
Operating Income increased 211.0% to $1,163,000 compared to the prior year
Adjusted EBITDA increased 72.8% to $2,236,000 compared to the prior year
Gross profit as a percentage of revenues increased to 61.2% compared to 55.1% in the prior year
“The first quarter of 2016 was one of the most active and exciting quarters in the Company’s history,” stated Steve Wallach, Chief Executive Officer of Youngevity International.
He added, “We were excited
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Mannatech Q1 Revenue $40.7 Million
by Ted Nuyten • • 0 Comments
Mannatech, Incorporated, a global health and wellness company committed to transforming lives to make a better world, announced financial results for its first quarter 2016.
First Quarter Results
First quarter net sales for 2016 were $40.7 million, a decrease of $3.7 million or 8.3% as compared to $44.4 million in the first quarter of 2015.
Our net sales declined 3.6% on a constant dollar basis (see Non-GAAP Financial Measures, below); unfavorable foreign exchange caused a $2.1 million decline in GAAP net sales as compared to the same period in 2015. Income from operations was $0.5 million for the first quarter 2016, as compared to $2.5 million in the same period in 2015. Net income was $0.6 million, or $0.21 per diluted share, for the first quarter 2016, as compared to $1.1 million, or $0.40 per
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LifeVantage Q1 Revenue Up 24.4% To $56 Million
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (NASDAQ:LFVN) reported financial results for its third fiscal quarter ended March 31, 2016.
Third Quarter Fiscal 2016 Highlights:
Revenue increased 24.4% to $56.2 million, compared to $45.2 million in the third fiscal quarter of 2015 and 8.0% on a sequential basis;
Revenue in the Americas increased 33.8% when compared to the third fiscal quarter of 2015 and 9.9% on a sequential basis;
Revenue in Asia/Pacific & Europe continued to improve, rising 1.7% on a sequential basis;
Adjusted EBITDA increased 54.6% to $5.1 million, compared to $3.3 million in the third fiscal quarter of 2015;
Adjusted earnings per diluted share increased 83.0% to $0.14, compared to $0.08 in the third fiscal quarter of 2015;
Refinanced term loan in March 2016, lowering the interest rate and improving cash flow.
“We are excited about our record revenue performance during the third quarter.
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Amore Pacific Q1 Revenue Up 22% To $1.5 Billion
by Ted Nuyten • • 0 Comments
Amore Pacific posted record earnings again as sales of its beauty products keep surging in China.
Korea’s biggest cosmetic maker on Monday said first-quarter revenues soared 22 percent compared to the same period last year to W1.76 trillion, while operating profit soared 31 percent to W419 billion (US$1=W1,141).
Sales in Asia grew 50 percent to play a key role in the stellar earnings performance. The operating margin reached 23.8 percent, which is even higher than Apple’s celebrated 23 percent and Google’s 21 percent last year.
Amore Pacific’s full-year operating margin is forecast at 18 to 20 percent given the cosmetics industry’s tendency to post higher operating profits in the first quarter due to lower marketing costs. But that is still an enviable edge for a manufacturer.
A company spokesman said brand awareness in China is rising,