Getting sidetracked may actually help you.
Tag Archive for sales
Hot Business News Today
Thirty-One Gifts CEO Says: We Will Grow Again
by Ted Nuyten • • 0 Comments
Personal attention has long been a big piece of the retailer tool box, and it’s become even more critical in an era when customers demand what they want when they want it and where they want it. It’s something that Columbus-based Thirty-One Gifts believes is its competitive edge.
“I actually think we have the advantage here over Amazon or e-commerce,” said Cindy Monroe, founder, president and CEO of Thirty-One.
“We have understood the customer experience for a really long time.”
“We already understand how to connect with customers. Our biggest risk is going to far the other way into digital. The problem in online is it’s hard to create that personal experience. For us, if we do online, it’s still an online party where (sales) consultants are personalizing the product, helping (customers) create a gift.”
Thirty-One Gifts uses an army of sales consultants selling personalized boutique items in house parties as the backbone of its direct-sales business. The business recently went through a cycle of growth, decline and resurgence that Monroe spoke of during the company’s recent annual sales conference at Nationwide Arena.
A decade after its founding in 2003, company revenue peaked at $763 million.
In 2014, revenue dropped to $643 million, then fell again in 2015
Hot Business News Today
Anthony Napolitano (Age 22) Achieves $65,000 Per Month In Wealth Generators
by Ted Nuyten • • 0 Comments
Anthony Napolitano hits global Ambassador in Wealth Generators at 22 years old achieves 65k per month.
After achieving Ambassador just a few months ago, Anthony Napolitano has done it again and advanced to another major milestone.
“Moving up to Global Ambassador with Wealth Generators is an honor. I love this company.
The impact we’re having across the board is inspiring. People are winning at every level. Customers, new reps, builders, and leaders.
The products perform, the company delivers, and it’s just a matter of time before we become one of the greats.”
At this exciting new level, Anthony is earning approximately $65,000 per month, according to the company’s compensation plan document.
“Anthony continues to set the pace as a leader here at WG. One of the things that impresses me most about Anthony, is his work ethic.
At a young age, he has the wisdom to understand that through focus, dedicated hard work, great things are possible. He is an excellent example to our Distributor base on what can happen when you truly commit and put in the work required to achieve our higher ranks.”
says WG Founder, Chad Miller.
Anthony Napolitano on stage
At age 22, this achievement puts Anthony in the top percentages of income earners in
Hot Business News Today
LifeVantage Q4 Revenue Up 12.6% To $50.6 Million
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its fourth quarter and full year ended June 30, 2017.
LifeVantage is a Tripple A classified opportunity by Business For Home.
“We finished fiscal 2017 on a strong note, posting 12.5% sequential revenue growth compared to the third quarter,” stated LifeVantage President and Chief Executive Officer Darren Jensen.
“I am excited about the progress we have and are making against each of our key focus areas.
We are in a transformational period where we are building the assets to transform our business model into a technology powered solution for both distributors and consumers with enhanced tools, product solutions and business development activities.
As fiscal 2018 progresses, we will be rolling out a series of initiatives that support each of our key focus areas, investing in technologies that set us apart from our peers and investing in our distribution network.
We are laying the groundwork for both near-term growth and long-term success in a new economy with consumers that are more engaged and empowered than ever to leverage the LifeVantage offerings.”
Fourth Quarter Fiscal 2017 Highlights:
Revenue increased 12.5% sequentially to $50.6 million when compared to $45.0 million in the third quarter of fiscal 2017 and decreased 4.5% when compared to
Hot Business News Today
The engagement struggle: Sales teams battle to connect to an audience
by Owen Gough • • 0 Comments
A new study launched today from Dun & Bradstreet shows how sales and marketing teams are struggling to reach the right audience and convert leads. As the age of cold calling ends and an era of data-led selling is being ushered in, the study found that still only 38 out of the 229 new leads
The post The engagement struggle: Sales teams battle to connect to an audience appeared first on Small Business.
Hot Business News Today
AI Is Taking the Art Out of Sales
by Andrew Medal • • 0 Comments
Hot Business News Today
Nu Skin Q2 Revenue Down $50 Million From $600 Million To $550 Million
by Ted Nuyten • • 0 Comments
Nu Skin Enterprises, Inc. (NYSE: NUS) today announced second-quarter 2017 financial results.
The Company reported second-quarter revenue of $550.1 million, which was at the high end of its outlook of $530 to $550 million, and earnings per share of $0.77, which exceeded its outlook of $0.65 to $0.70.
As we move into the second half of the year, we remain focused on executing our three key growth drivers – platforms, products and programs,”
said Rich Wood – CEO.
“In the platforms area, we continue to drive social selling throughout our markets to expand our customer acquisition efforts. To support this strategy, we will introduce several new products at our ‘Nu Skin LIVE!’ global distributor event in October, including our ageLOC LumiSpa device.
Additionally, we will begin to introduce new and enhanced programs designed to more effectively reward our sales leaders to drive growth. The progress we are making with these initiatives gives us confidence in our future,”
Wood concluded.
“Given our strong second-quarter financial results, we are raising our full year 2017 earnings per share outlook to $3.20 to $3.30 and reiterating our annual revenue guidance of $2.26 to $2.30 billion,” said Mark Lawrence, chief financial officer.
“For the third quarter we project revenue of $540 to
Hot Business News Today
5 Sales Lessons My Grandfather Taught Me
by Gregg Schwartz • • 0 Comments
Hot Business News Today
Oriflame Revenue Up 12% To Euro 348 Million or $410 Million
by Ted Nuyten • • 0 Comments
Swedish direct sales company Oriflame has reported a Q2 sales increase of 12 percent, a rise which was helped by strong sales in its skin care and wellness categories, its biggest and smallest categories respectively.
CEO Magnus Brännström comments
“We are pleased to report double-digit growth in both Euro and local currency with healthy profitability improvements and a strong financial position.
During the quarter, our strategic priorities continued to serve as important drivers of growth. CIS experienced local currency growth in the quarter, driven by ongoing productivity increases and positive timing.
Asia & Turkey and Latin America were affected by fewer trading days and negative timing of catalogues – the underlying performance remained strong. The positive sales momentum for the Group has continued into the third quarter, in which Oriflame celebrates its 50th anniversary Gold Conference.”
3 months ended 30 June 2017
Local currency sales increased by 11% and Euro sales increased by 12% to €347.6m (€309.6m).
Number of registered actives decreased by 2% to 2.8m.
EBITDA amounted to €47.9m (€40.6m).
Operating margin was 11.7% (9.9%), favourably impacted by 40 bps from currencies, and operating profit was €40.5m (€30.8m).
Net profit was €19.9m (€18.1m) and diluted EPS €0.35 (€0.32), negatively impacted by a one-off translation reserve loss on exchange rate
Hot Business News Today
Wealth Generators Announces 13.4% Month Over Month Revenue Growth
by Ted Nuyten • • 0 Comments
Financial fitness company, Wealth Generators LLC, wholly owned subsidiary of Investview (OTC PINK: INVU) announces continuation of International Expansion, translations and growth.
Investview’s acquisition of Wealth Generators and associated transition period has been completed.
During this time, the company simultaneously experienced month over month revenue growth of 13.4% which the company attributes to increased new member sales in multiple countries:
Germany + 12.5%
Mexico + 11.3%
Guatemala + 21.4%
Australia + 8.8%
U.K. + 23%
In addition, the company is in the final stages of expansion into the Philippines and Colombia, with late stage planning for Canada, Japan and Turkey.
Translation of product services and content into Spanish, Portuguese, Russian, German, and Japanese is well under way with a large-scale plan for additional languages to be added.
Ryan Smith, CEO stated,
“Our program and comprehensive services that establish a strong foundation for personal financial growth is in great demand in many countries. It is our challenge to meet this demand and we are deploying significant resources to meet these needs.”
About Wealth Generators
Wealth Generators provides financial technology, education, and research to individuals to enable them to “Find, Grow, and Keep” their money. We are best described as a financial fitness company providing our customers the tools and information that can improve their financial