According to very well informed sources Melaleuca has announced that the USA based company experienced a record-setting year in 2016 with annual sales revenues exceeding $1.75 billion in sales, up 31% compared to 2015 ($1.33 Billion)
Melaleuca has become one of America’s most consistent growth companies, for the past 31 years, Melaleuca has experienced exceptional growth. For five consecutive years from 1991 through 1996, the company was listed in the Inc. 500, ranking as one of America’s fastest-growing companies.
Therefore, it is noteworthy that in 2016, Melaleuca grew more in both revenues and customers than in any previous year. Its U.S. and Canadian operations continue to lead in volume.
Melaleuca gained tens of thousands of new customers around the world. There are now more than 1 million households purchasing Melaleuca products on a monthly basis
Tag Archive for sales
Hot Business News Today
It's a Cold World for Cold Callers
by Phil La Duke • • 0 Comments
Hot Business News Today
Avon Products 2016 Sales Down 7% To $5.7 Billion
by Ted Nuyten • • 0 Comments
Avon Products, Inc. (NYSE:AVP), a globally recognized leader in direct selling of beauty and related products, announced its results for the fourth quarter and fiscal year ended December 31, 2016.
“We made good progress in the first year of our Transformation Plan, exceeding our cost savings targets, improving our profit margin, and significantly strengthening our balance sheet.
However, the financial results for the fourth quarter were disappointing, largely due to the decline in Active Representatives and an unexpected increase in bad debt expense,” said Sheri McCoy, Chief Executive Officer, Avon Products Inc.
“As we move into 2017, we are taking actions to deliver more consistent performance across our markets, with Representative engagement remaining a key priority in our growth plan, while navigating continued challenging global economic and political headwinds.”
Highlights for Fiscal 2016:
Revenue declined 7% to
Hot Business News Today
Why Amway Lost $3 Billion In Sales In 3 Year
by Ted Nuyten • • 0 Comments
According to Amway’s Business Brochure:
“More freedom. More flexibility. An Amway independent business offers you a path filled with possibilities, all on your terms. It’s a low-cost, low-risk way to start your own business regardless of your professional background, life experience, or education. You supply the passion and hard work, we’ll provide the training, support, inspiration, and rewards be in business for yourself but not by yourself.”
Fact is that if any business, as in Direct Sales, declines, is not very attractive for a business builder.
Growth is what you need, momentum and a great compensation plan. Amway’s official statement about the decline is: “Market conditions in China”.
However, if you listen to former Amway diamonds and corporate executives, there is an other important issue: the outdated Amway’s compensation plan. In some countries Amway’s presence
Hot Business News Today
Nu Skin Q4 Sales Down 7% To $531 Million
by Ted Nuyten • • 0 Comments
Nu Skin Enterprises, Inc. (NYSE: NUS) today announced fourth-quarter results with revenue of $531.3 million, compared to $572.2 million in the prior-year period. Quarterly revenue was negatively impacted 1 percent by foreign currency fluctuations. Earnings per share for the quarter were $0.69, compared to $0.62 in the prior-year period.
The company’s earnings per share in the fourth quarter included a negative $0.10 impact from a tax charge related to the enactment of a new U.S. tax regulation in December.
The company also reported full-year 2016 revenue of $2.21 billion, compared to $2.25 billion in 2015. Annual revenue was approximately even on a local-currency basis but was negatively impacted 2 percent by a strong U.S. dollar. Earnings per share for 2016 were $2.55, compared to $2.25 in 2015.
The company also reiterated guidance provided at its 2016 investor day in December
Hot Business News Today
XANGO Kicks off Strong 2017 Fueling Business Growth
by Ted Nuyten • • 0 Comments
XANGO, a Triple A (AAA+) classified opportunity by Business for Home, building on the momentum it created in 2016, the company and its distributors have joined forces globally with dozens of large regional meetings to fuel business growth. The results are already pouring in with explosive growth and hundreds of rank advancements.
South Africa’s new distributor signups have swelled more than 300 percent. Canada, has surged.
30 percent in the first six weeks of the year, and Europe recruitment up 30 percent. XANGO is partnering with its distributor leaders for regional meetings throughout Europe in Italy, Spain and the Netherlands.
Most recently, in leading cities such as Mexico City, Bogota, Madrid, Seoul, Milan, Vancouver, Johannesburg, Chungju City, Busan City, San Diego, Cape Town, Hong Kong, Durban, Salt Lake City, San Diego Tucson, Miami and
Hot Business News Today
5 Business Strategies To Boost Your First Quarter Sales
by Kc Agu • • 0 Comments
Stop wasting money on ads that don’t work and start using these tips to make more sales.
Hot Business News Today
Amway 2016 Sales Down 7% To $8.8 Billion
by Ted Nuyten • • 0 Comments
Amway sales dropped more than 7 percent in 2016 to $8.8 billion, marking a third year of revenue decline. The direct seller increased sales in seven of its top 10 markets, but experienced softening market conditions in China.
“Across the world, Amway did well in 2016,” said Amway Chairman Steve Van Andel. “We experienced sales growth in several top markets, saw double-digit percentage growth in nine additional markets, and continued to evolve the business in China as we seek to take advantage of shifting market conditions and achieve the market’s long-term growth potential.
“Above all, we are pleased to see the continued and growing relevance of the direct selling model in today’s marketplace as people place real value on personal recommendations, and technology enables our distributors to connect with customers at any place at
Hot Business News Today
Modere Announces Record Growth In North America
by Ted Nuyten • • 0 Comments
Modere, a Triple A Classified opportunity by Business For Home, and the first social retailer to create a safe and forward-thinking approach to overall wellness, today announced record growth in North America, confirming the success of its disruptive Social Retail model.
Due to this rapid growth and unique business model, Modere is welcoming a wave of direct selling professionals from top companies to its Social Marketer team amidst the recent attention on the instability of self-consumption direct selling models.
“Modere’s unique focus on customer referrals and team building is resonating with industry distributors and customers alike,” said Justin Prince, a top Social Marketer with Modere.
Modere’s Social Retail model uses a parallel incentive to reward its Social Marketers and customers, that through its “Share the Love” program, become authentic brand advocates and introduce friends to
Hot Business News Today
Primerica Q4 Sales Up 11% To $393 Million
by Ted Nuyten • • 0 Comments
Primerica, Inc. (NYSE: PRI) today announced financial results for the quarter ended December 31, 2016. In the fourth quarter, total revenues increased 11% and operating revenues increased 10% to $393.9 million and $392.4 million, respectively.
Net income grew 19% to $56.9 million and net operating income grew 11% to $55.9 million compared with the fourth quarter of 2015. Earnings growth and share repurchases throughout 2016 drove a 25% increase in EPS and an 18% increase in operating EPS to $1.21 and $1.19, respectively, in the fourth quarter of 2016.
ROE expanded to 18.6% and operating ROAE expanded to 19.2% in the current period versus 16.7% and 18.2%, respectively, in the prior year period.
Glenn Williams, Chief Executive Officer, said,
“During 2016, we continued to execute our strategy to drive growth and improve performance