Utah in the USA and its capital Salt Lake City is famous for its world-class ski resorts, nature and the Church of Jesus Christ of Latter-day Saints (LDS Church).
Beyond that, however, Utah has a lesser-known claim to fame: It is the unofficial world capital of multi-level marketing and direct sales companies.
There are at least 100 Network Marketing companies in Utah alone, generating est $8.5 + Billion in annual revenue and making direct sales the second-biggest industry in Utah behind tourism, according to Loren Israelsen, executive director of the Utah-based United Natural Products Alliance.
Under corporate executives there is a strong “Old Boys network culture” many executives have worked with each other in different companies, helping each other to success.
Top earners such as Ken and Carol Porter with life time earnings of $28 million, Steve and Melyn Campbell $26 Million, Nathan Ricks $50 million and Mark Comer $17 Million are Utah based residents.
Per capita, Utah has more MLMs than any other state.“It must have something to do with the way LDS culture works in the valley,” said Ann Dalton, CEO of the beauty product direct-seller Perfectly Posh, from her Salt Lake City office.
Connections fostered in LDS communities, said Dalton, create a hotbed
Tag Archive for sales
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Starbit Achieves $2.8 Million In Customer Sales
by Ted Nuyten • • 0 Comments
It’s just the first step, but Starbit hits its first goal.
With a revolutionary product, this new company hit a prestigious result, turnover more than BTC 1.000 that values around 2,8 Million USD in a very short period of time.
Starbit continues its growth and expansion. Significant blockchain investments in the expansion of its services and further development of digital offerings:
At a recent web conference the holding announced its first 1.000 bitcoin turnover with a long-term vision and outstanding plans for the coming years.
In the first months of its history, Starbit is positioning as the one and only business project with the clear mission to touch and impact normal people’s life with blockchain awareness.
Brutus, the super alt-coin robot just launched is already giving great results to normal people willing to learn how to benefit from this incredible opportunity in crypto currencies growing the market.
Brutus works with special algorithms including one smart arbitrage that allows users to learn and do trades instantly on more exchanges with several coins with just one click and grant in some window’s time one 100% win/win position. Brutus was thoughts error’s proof as destined to massive users.
The holding generated an increase in business volume in many new countries with
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10 Tools To Make Your Sales Team Communication and Collaboration Geniuses
by Ann Smarty • • 0 Comments
Communicating and collaborating are two important factors in the world of sales. But we can’t do it properly without the right tools behind us.
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How to Close Deals Without Coming Off as Salesy
by Andrew Medal • • 0 Comments
Cold calling, cold emails and sales tricks are outdated. Welcome to the new world of sales.
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Why More Sales Leaders Are Focusing on Sales Coaching
by Howard Brown • • 0 Comments
The American job market is tighter than it’s been in years, and the sales industry is no exception.
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Vorwerk 2016 Sales Up 4.1% To Euro 3.1 Billion
by Ted Nuyten • • 0 Comments
Continued growth, significant investments in the expansion of production facilities, and further development of digital offerings: At today’s press conference in Düsseldorf, the Vorwerk Group Managing Partners, Reiner Strecker, Rainer Genes and Frank van Oers, announced the figures for the past fiscal year, 2016, and the Group’s plans for the coming years.
In the 133rd fiscal year in the history of the company, the Vorwerk Group’s total revenues were up 4.1 percent to 3.1 billion euros (not including VAT). Moreover, the Group generated an increase in business volume, which also includes the new business of the akf group, which totaled 1.2 billion euros. With a volume of 3.8 billion, Vorwerk achieved a year-on-year increase of 4.7 percent.
A look at the German market reveals that the Vorwerk Group is also up on last year. Taken together, all of its German activities generated 7.1 growth in sales to 1.1 billion euros.
At the financial press conference in Düsseldorf, the spotlight was very much on the subject of digitization, which Vorwerk is approaching at many different levels.
“Some of our present products already feature a digital interface, and in the future, all of our products will,” the Managing Partners stated. It is not a question of
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Direct Selling Companies Revenue 2016 – The Winners and Losers
by Ted Nuyten • • 0 Comments
There are more than 10,000+ Direct Selling companies worldwide, many of them in Asia and China, under the radar and are in the $15 – $100+ million sales range.
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.
As we research on an ongoing basis the sales / revenue of companies for 2016, this is a list “in the works”.
Please log a support ticket if you have a question, want to adjust revenue or to share information.
If you want to add a company in our database please fill in the form on this page.
Year 2016 Revenue is in $USA and in millions.
Sorted by change in revenue in percentage:
The total revenue of below companies is $80+ Billion.
#
Company
Revenue 2015
Revenue 2016
Change
Remark
Country
1
Monat Global
Revenue 2015
19
Revenue 2016
41
Change
115.79%
Remark
Confirmed
Country
US
2
OneCoin – OneLife
Revenue 2015
750
Revenue 2016
1,200
Change
60.00%
Remark
Estimated
Country
BG
3
Alphay International, Inc.
Revenue 2015
135
Revenue 2016
200
Change
48.15%
Remark
Confirmed
Country
US
4
Plexus Worldwide
Revenue 2015
384
Revenue 2016
532
Change
38.54%
Remark
Confirmed
Country
US
5
Kangmei
Revenue 2015
151
Revenue 2016
206
Change
36.42%
Remark
Confirmed
Country
CN
6
Menard Cosmetics
Revenue 2015
198
Revenue 2016
267
Change
34.85%
Remark
Confirmed
Country
JP
7
ARIIX
Revenue 2015
112
Revenue 2016
151
Change
34.82%
Remark
Confirmed
Country
US
8
WorldVentures
Revenue 2015
693
Revenue 2016
927
Change
33.77%
Remark
Confirmed
Country
US
9
Noevir
Revenue 2015
189
Revenue 2016
249
Change
31.75%
Remark
Confirmed
Country
US
10
Melaleuca
Revenue 2015
1,330
Revenue 2016
1,750
Change
31.58%
Remark
Confirmed
Country
US
11
PM International
Revenue 2015
350
Revenue 2016
460
Change
31.43%
Remark
Confirmed
Country
DE
12
Rain International
Revenue 2015
40
Revenue 2016
52
Change
30.00%
Remark
Estimated
Country
US
13
Jeunesse
Revenue 2015
1,090
Revenue 2016
1,410
Change
29.36%
Remark
Confirmed
Country
US
14
Vestige Marketing
Revenue 2015
75
Revenue 2016
97
Change
29.33%
Remark
Confirmed
Country
IN
15
Le-Vel
Revenue 2015
349
Revenue 2016
449
Change
28.65%
Remark
Confirmed
Country
US
16
Pure Romance
Revenue 2015
164
Revenue 2016
203
Change
23.78%
Remark
Confirmed
Country
US
17
Yanbal International
Revenue 2015
747
Revenue 2016
924
Change
23.69%
Remark
Confirmed
Country
PE
18
Zurvita
Revenue 2015
81
Revenue 2016
100
Change
23.46%
Remark
Confirmed
Country
US
19
Pola
Revenue 2015
823
Revenue 2016
1,004
Change
21.99%
Remark
Confirmed
Country
JP
20
Team National
Revenue 2015
549
Revenue 2016
659
Change
20.04%
Remark
Confirmed
Country
US
21
Hy Cite Enterprises
Revenue 2015
195
Revenue 2016
233
Change
19.49%
Remark
Confirmed
Country
US
22
BearCere Ju
Revenue
Hot Business News Today
LifeVantage Q3 Sales Of Fiscal 2017 $45 Million
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its third quarter ended March 31, 2017.
“We began to see the turn in sequential sales momentum as the third quarter progressed,” stated LifeVantage President and Chief Executive Officer Darren Jensen
“While sales were negatively impacted early in the quarter, we finished the third quarter with reaccelerating sales growth as we were finalizing the implementation of remedies relating to a recent review of international policies and procedures.
We enter the fourth quarter with renewed business momentum and completed a successful global convention in April that included our rebranding of several key product lines, the introduction of product bundles that deliver greater value for customers and distributors, and integrated applications and technology solutions that were well received by distributors.
Finally, we are progressing with plans to broaden our geographical footprint, and look forward to discussing specific activities to support this growth as the plan progresses.”
Third Quarter Fiscal 2017 Summary:
Revenue decreased 19.9% to $45.0 million, compared to $56.2 million in the third quarter of fiscal 2016;
Revenue in the Americas decreased 21.9% and revenue in Asia/Pacific & Europe decreased 12.5%, both when compared to the comparable period of fiscal 2016;
Adjusted EBITDA decreased 68.3% to $1.6 million, compared to $5.1
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Creating Sales Presentations That Convince Prospects to Buy
by Jill Schiefelbein • • 0 Comments
Find out more about one of the best organizational structures for any presentation, and learn how to apply it to make positive changes, deliver presentations that will be remembered, and drive results.
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Herbalife Q1 Sales Up 1% To $1.1 Billion
by Ted Nuyten • • 0 Comments
“We’ve made a solid start to 2017 exceeding our EPS guidance,” said Michael O. Johnson, Chairman and CEO, Herbalife.
“As we transition this June to our new CEO Rich Goudis and my role as Executive Chairman, we are more resolute than ever in making a profound and lasting effect on the nutritional habits of the world and offering people an opportunity to earn in the process.”
“Healthy living is a growing aspiration for more and more consumers worldwide and we are well positioned to capitalize on this trend. We offer a powerful person-to-person alternative to traditional retail, where consumers give our distributors permission to help them with our extensive range of nutrition products.”
For the first quarter 2017, the company reported net sales of $1.1 billion and volume point growth of 1% compared to the prior year period. China sales and