Although Herbalife has been the company in the news, it is the issues raised that we all must face. The Direct Selling Association as well as Herbalife has done a great job at providing the facts for those who are truly interested, and are not just on some witch hunt to prove their opinion or raise the balance in their investment funds.
After being the target of a vicious attack in December by short seller and hedge fund manager Bill Ackman, who alleged the company and the business model were fundamentally flawed, Herbalife presented detailed information today exposing the misrepresentations and inaccuracies presented as fact three weeks earlier. “We’ve been working hard to make a good company into a great company,” said Herbalife Chairman and CEO Michael Johnson in his opening remarks. The company then identified and directly addressed more than a dozen misrepresentations brought forth in Mr. Ackman’s presentation. “Gone are the days when ‘don’t repeat the negative’ is standard operating procedure for public relations,” said DSA Chief Marketing Officer Amy Robinson. “In an age when negative comments live forever online you can’t simply wait for the next news cycle. DSA applauds Herbalife’s direct approach in sharing information about the company and the business model.” (Click here to read the full report article)
The Cooling-Off Rule provides that it is unfair and deceptive for sellers engaged in “door-to-door” sales valued at more than $25 to fail to provide consumers with disclosures regarding their right to cancel the sales contract within three business days of the transaction. Within the context of the Rule, “door-to-door” sales can be defined as any sale that includes a personal presentation that is made at a place other than the place of business of the seller, generally covering most—if not all—sales made by direct sellers. (Click here to read the full report)
Direct Selling Fact Sheets All Network Marketers Should Read!
Network Marketing Companies In The News
As part of Mary Kay’s “Don’t Look Away” campaign to prevent and end domestic violence, Olympic gold medalist and reigning national women’s gymnastics champion Jordyn Wieber will visit a high school in Los Angeles next week to talk with students about teen dating violence and the fundamentals of healthy dating relationships.
SimplyFun recently launched its annual “Play it Forward” campaign as a way to give back to communities at the local level. When hosts have a qualifying party they may select a charitable organization to receive a donated pack of SimplyFun games, “playing it forward” from their party to kids and families in need. Last year, SimplyFun touched more than 60 organizations including the Boys and Girls Club of the Northland (Minn.), MOPS Monrovia, Pasadena United Reformed Church, Ronald McDonald House and My Stuff Bags Foundation.
Stemtech is now operating in Thailand.
USANA recently announced it won more than 85 awards in 2012. Some notable accolades include Outside Magazine Awards, MarCom Awards, Stevie Awards and Utah Business Magazine Awards, among others. The company nearly doubled the number of awards it received in 2011.
USANA also announced that Women’s Tennis Association (WTA) athlete Sloane Stephens is its newest brand ambassador. USANA has been providing its nutritional products to more than 160 WTA players since 2006.
XANGO, having reached its 10th year of business, has donated 5 million supplemental meals to severely malnourished children and adults around the world. Under the company’s Meal Pack Program, nutrient-rich and water-soluble porridge is delivered to impoverished communities around the world. XANGO partnered with the organization AmeriCares in this endeavor, which, through partnerships with accredited non-governmental organizations established in strife-ridden parts of the world, personally delivers Meal Packs to critical populations and provides on-site product training to ensure best results. Meal Packs are donated by independent XANGO distributors, many of whom contribute every month.
Vemma Posts 46% U.S. Gains as Sales Close 2012 at $117 Million
Three major markets all post double-digit gains and the company pays over $1 million per week in bonuses!
Vemma Nutrition Company released its worldwide wholesale sales for 2012, posting an overall 30% increase at $117 million. The largest sales growth occurred in the U.S. market with a 46% increase over last year, followed by Canada with 34% sales growth and Europe with a 22% increase; the U.S. market also saw an incredible 85% growth in recruiting. Vemma also paid out over $1 million per week in Brand Partner bonuses in 2012. (Click Here to read the full Press Release)