You have a product. And that product has the sales potential to appeal to everyone. Wouldn’t that be great? Well, it depends, says Shweta Jhajharia of The London Coaching Group, on how large your marketing budget and team are. Many business owners with a product they don’t consider to be niche resist the idea of
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Herbalife Q3 Revenue Down 3.3% To $1.1 Billion
by Ted Nuyten • • 0 Comments
“During this year of transition, we believe our performance has now stabilized and we are seeing improvements in trends,” said Rich Goudis, CEO of Herbalife.
“By continuing to implement our strategic plan, we expect to build on the improving trends and return to growth in 2018.“
Third quarter 2017 reported diluted EPS of $0.66 and adjusted1 diluted EPS of $0.82
Third quarter 2017 reported net sales of $1.1 billion declined 3.3% on an as reported basis compared to the third quarter 2016
Third quarter 2017 volume points of 1.3 billion declined 5.6% compared to the third quarter 2016
FY ’17 reported and adjusted1 diluted EPS guidance narrowed to ranges of $3.90 to $4.10 and $4.42 to $4.62, respectively, from the previous ranges of $3.80 to $4.20 and $4.30 to $4.70, respectively
Initial full year 2018 volume point guidance range of 2% to 6% growth and initial full year 2018 GAAP diluted and adjusted1 diluted EPS guidance ranges of $3.82 to $4.22 and $4.60 to $5.00, respectively
Since February 2017, the Company has repurchased a total of approximately $757 million of common stock and has approximately $743 million remaining under the current repurchase authorization
For the third quarter 2017, the company reported net sales of $1.1 billion, which
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Nu Skin Q3 Revenue 7% Down To $564 Million
by Ted Nuyten • • 0 Comments
Revenue: $563.7 million, compared to $604.2 million in Q3 2016.
Sales Leaders: 64,200 – 5% year-over-year decrease.
Customers: 1,069,000 – 7% year-over-year improvement.
“During the third quarter, we continued to execute our growth strategy and delivered results at the top-end of our previous guidance range,” said Ritch Wood, chief executive officer.
“We generated sequential improvements in the business, and are confident that our focus on social selling served as an important catalyst for steady customer and business growth in many of our markets. We also saw healthy energy within our sales force leading up to our October Nu Skin LIVE! event.”
“As we look ahead to the fourth quarter, we remain focused on expanding our customer base as we begin rolling out our platform, product and program initiatives,” said Wood.
“During our LIVE! event, we introduced several new products aimed at increasing the pace of our social selling efforts, including the ageLOC LumiSpa treatment and cleansing device which we plan to launch in every market during the first half of 2018.
Over the next several quarters, we will begin implementing enhanced programs to more effectively reward our sales leaders and build long-term customer loyalty. We are confident that our strategic focus on these initiatives will help
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Want to Make More Sales? Make More Guarantees.
by Kim Walsh Phillips • • 0 Comments
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USANA Health Sciences Sales Up 3% To $262 Million
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc. today announced financial results for its fiscal third quarter ended September 30, 2017.
For the third quarter of 2017, net sales were $261.8 million compared with $254.2 million in the prior-year period, or a 3.0% increase year-over-year.
There was no meaningful year-over-year impact from changes in currency exchange rates on quarterly net sales. The Company’s total number of active Customers increased by 2.4% year-over-year to 563,000.
Net earnings for the third quarter were $23.8 million compared with $30.1 million during the prior-year period, a decrease of 21.0%. Higher SG&A expense and a higher effective tax rate reduced net earnings during the quarter as they have throughout 2017.
Earnings per diluted share for the third quarter were $0.97 compared with $1.20 in the prior year period, a decrease of 19.2%. The expense related to China and the Company’s internal investigation into its China operations, which was disclosed in February 2017, negatively impacted the third quarter by approximately $1.9 million and earnings per diluted share by $0.05.
Weighted average diluted shares outstanding were 24.6 million for the third quarter of 2017, compared with 25.1 million in the prior-year period. The Company repurchased 865 thousand shares during the quarter for a total investment of
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Monat Global Expects $300 Million Revenue For 2017
by Ted Nuyten • • 0 Comments
USA-based Monat Global welcomed 3,000 of its Market Partners and guests to Las Vegas the first week of October as the company celebrated its third anniversary and began its fourth year in style.
“All of the Market Partners attending earned this incentive trip for helping make us one of the fastest growing brands in the social selling space,”
said CEO Ray Urdaneta.
“We had a similar trip in the spring, with 500 attending, so this second event is another gratifying demonstration of how much growth we have experienced in the last year.”
“This event was our biggest ever and shows that MONAT opens doors,” added President Stuart MacMillan. “We are truly humbled that at the three-year mark, we were able to bring thousands to Las Vegas and prepare them for the next stage in our remarkable growth. MONAT is on track to have $300 million in total revenue this year, and we owe it to our Market Partners.”
During the event, the company also launched its first holiday gift sets, including hand creams, a shower kit set, a beard care set and a hair tools set.
Monat officially opened its doors in the U.S. in October 2014 and in Canada in October 2015.
Monat Market Partners total
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Want to Make Your First Sale? These Entrepreneurs Share How They Did It.
by FounderMade • • 0 Comments
Whether you’re new to sales or an experienced pro, you can connect with these journeys.
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Omnia Official Launch Event In London Attended By Many
by Ted Nuyten • • 0 Comments
Omia Tech is a start-up, and a Malta based direct selling company that offers lifetime mining contracts and daily payouts. You sign up into the company, then receive a share of mining profits.
Top leaders Monir Islam and Moyn Islam are ambassadors of the company.
According to an Omnia press release:
“It was wonderful to see people from all over the nations managed to attend this memorable event. We had more than 1,000+ people watched our live stream that was broadcasted free to all our members.
The event featured with lots of entertainment and outstanding international keynote speakers, lead by the Omnia cooperates and ambassadors; Moyn and Monir Islam.
The event kicked off with a warm introductory speech by the leaders, followed by Amira Habib presents the Omnia business overview and emphasizing the importance of being part of the cryptocurrency movement.
There then followed by Jorg Molt, Bitcoin, and Block chain expert expressed the need of Block chain and bitcoin in the mainstream world and how the upcoming generations can benefit from this technological innovation.
Third speaker was Paulo Alexandre Martins Tuynman, with many years of experience in network marketing and has built a multiple successful organization in the past, Paulo’s training on recruiting and beliefs was a great