At its annual salesforce meeting, which kicks off Monday in Dallas, Mary Kay Inc. will unveil a new, custom sales app, the result of a multi-year partnership with Dallas-based app development company Bottle Rocket.
Richard Rogers was 20 years old when he and his mother, Mary Kay Ash, began enticing housewives to sell makeup to their friends at house parties.
About 350,000 Mary Kay businesses were started globally in the past year, including 90,000 in the first quarter of 2013, according to a company press release. About half of Mary Kay’s U.S. sales agents are 35-years-old or younger. March was the company’s highest-grossing month on record. Meanwhile, U.S. unemployment averaged 7.6 percent this year through July.
“One main contributor for the success in the U.S. is its ability to recruit a lot of new consultants,” said Marlous Kuiper, a London-based analyst covering direct sellers and Internet retailers at Euromonitor International. “It’s managed to attract a lot of younger people without a job.”
Multi-level marketing companies have also soared this year thanks to China’s middle class, who are hungry for both American beauty products, such as Mary Kay’s skin whiteners, and entrepreneurial opportunities. Mary Kay awards its top Chinese saleswomen the use of pink Mercedes cars.
Provo, Utah-based Nu Skin Enterprises Inc. (NUS:US)shares are up about 135 percent year-to-date, while New York-based Avon Products Inc. (AVP:US) stock has gained about 54 percent. Tupperware Brands Corp.(TUP:US), the Orlando-based seller of plastic food storage containers, is up 33 percent.
“Some of these sales growth numbers out of China have been stratospheric,” said Timothy Ramey, an analyst for D.A. Davidson & Co. in Lake Oswego, Oregon. He has “buy” ratings on Nu Skin, and Herbalife Ltd. (HLF:US), the seller of nutrition supplements, and doesn’t own shares in either company. “A lot of that story has been about the developing world, although they are not doing badly in the U.S. either.”
Sales of products sold through direct sales channels rose to $31.6 billion in the U.S. in 2012, a 5.9 percent increase from 2011 and a 12 percent gain from 2009, according to the Direct Selling Association, an industry group.
Mary Kay is valued at $2.6 billion, according to data compiled by Bloomberg, based on the average enterprise value-to-sales and enterprise value-to-Ebitda multiples of four publicly traded peers: Nu Skin, Avon, Tupperware and Natura Cosmeticos SA (NATU3), based near Sao Paulo. Enterprise value is defined as market capitalization plus total debt minus cash.
Rogers, the company’s 70-year-old executive chairman, owns 52 percent of the business, according to Orbis, a database of company information published by Bureau van Dijk. He has never appeared on an international wealth ranking.
Pio del Castillo, a spokesman for Mary Kay, said Rogers declined to comment for this story.
The multi-level marketing industry has come under scrutiny after billionaire Bill Ackman disclosed in December his hedge fund, Pershing Square Capital Management LP, had sold Herbalife shares short. He says the company is an illegal pyramid scheme that should be shut down, allegations Herbalife has repeatedly denied.
Mary Kay is the third-largest direct seller of beauty and personal care products, behind Avon and Natura, according to Euromonitor. Its biggest market is the U.S., which made up 44 percent of sales last year, while its fastest growing region is Asia, representing 33 percent of revenue, Euromonitor said.
Rogers and his mother founded the company on Friday, Sept. 13, 1963, in a 500-square-foot storefront in Dallas, with the tagline “enriching women’s lives,” according to the company’s website. The business, started with $5,000 in Ash’s savings, encouraged women to be their own bosses, by selling cosmetics packaged in Mary Kay’s signature pink.
Today, each salesperson is required to buy a $100 kit containing makeup, brochures and samples. They make money from commissions, holding parties and recruiting others to their network. In 1969, Mary Kay started using pink Cadillacs to reward top performers who build teams and sell cosmetics. The company now gives out pink Escalade sport utility vehicles, as well.
As Mary Kay expanded outside the U.S., Ash and Rogers, her youngest son, sold shares in a public offering in 1976 on the New York Stock Exchange. In 1985, the family took the company private in a leveraged buyout.
Rogers was chief executive officer until 1991, when he stepped back and remained chairman, according to a 2004 article in D Magazine, a monthly Dallas publication. Handing the reins to John Rochon, he spent a decade shuttling around in a private jet plane between homes in Colorado, Mexico and Texas, according to the magazine.
He returned to Mary Kay as CEO in June 2001, heeding his mother’s calls to run the business, D Magazine reported. Ash died on Thanksgiving Day of that year. In October 2003, Rogers and Mary Kay were sued by Rochon, seeking back pay and damages. The company counter-sued, claiming that Rochon mismanaged the business, the magazine said.
In 2006, one of Ash’s granddaughters also sued Rogers and Bank of America to remove them as trustees of the family funds. Kathlyn Kerr accused Rogers of mismanagement, self-dealing and failing to diversify the trusts’ assets, according to a November 2006 article in the Dallas Morning News.
That same year, Mary Kay promoted its chief operating officer David Holl to CEO, a role he holds today. Rogers stepped back again, taking the title of the board’s executive chairman.
Along with Rogers’ stake, his mother’s foundation controls 34.5 percent of the capital stock, and Janice Rogers owns 12.5 percent. The remaining 1 percent is held by small family trusts, according to Orbis.
As the U.S. economy recovers, Mary Kay’s challenge will be competing with other multi-level marketing companies to recruit distributors from a shrinking pool of potential sales agents, said Anne Coughlan, a marketing professor at Northwestern University’s Kellogg School of Management.
“The incremental income you would make from Mary Kay is not as important for you,” said Coughlan, also the author of a case study about Mary Kay’s distribution networks. “Typically, the enrollments are counter-cyclical. They rise when the economy is bad, they fall when the economy is good.”
To contact the reporters on this story: Gillian Wee in New York at email@example.com; Zohair Siraj in New York at firstname.lastname@example.org
To contact the editor responsible for this story: Matthew G. Miller at email@example.com
Mary Kay is leaving India, which will leave at least 4500 Mary Kay reps looking for a new home! Now, without a doubt it is rough right now in India for direct selling companies, but I sure wish there was a better way to protect the reps!
NEW DELHI, JULY 24:
Direct selling brand Mary Kay India has wound up its Indian operations citing regulatory concerns and poor sales.
Sources close to the development said it was “purely a financial decision”, one that was communicated to its distributors or direct selling agents as early as February.
In its communication to the distributors, Mary Kay Inc said: “We have seen the regulatory environment in India for both direct selling and cosmetics companies dramatically change and change again at an alarming and inconsistent rate, while the country’s infrastructure continues to create insurmountable obstacles. Despite significant investments of time and money, our operation in India has not performed as we had hoped and expected. So, we have made the decision to reallocate the company’s resources to other international markets.”
Mary Kay Inc entered India in 2007 and has invested close to $20 million in its venture. It launched a number of India-specific products and had nearly 100 stock-keeping units in categories such as skincare, fragrances and cosmetics.
The company had earlier told Business Line that it was thinking of setting up a third-party manufacturing facility in Baddi, Himachal Pradesh.
Mary Kay, which has 2.5 million distributors in about 35 markets globally, became famous for offering pink Cadillacs to its top sales persons. In India, it had about 4,500 beauty agents and four third-party warehouses.
The World Federation of Direct Selling Associations (WFDSA) is planning to hold its first meeting in India with various stakeholders to address the industry’s concerns. The association, which has CEOs of global direct selling companies on its board, will be seeking a separate legislation for the industry in India.
Direct selling health and wellness firm Amway, too, has said lack of clarity on regulatory norms is hitting its business, with growth slowing to about 5-7 per cent this year.
Speaking to Business Line, William S. Pinckney, Managing Director and CEO of Amway India, said: “Despite the fact that FMCG is a relatively buoyant category, we are seeing moderate growth.
“This is largely due to regulatory issues. If the issues are resolved it will be double-digit growth.”
Pinckney also noted that lack of clarity on the definition of direct selling was creating confusion among distributors.
“We were among the first to invest in direct selling, in 1995. You cannot ask companies to come and invest in India and abandon them midway.” firstname.lastname@example.org
The news in and around the Direct Sales aka Network Marketing World is roaring right now from Wall Street to Main Street. So what is it, that has everyone talking? I think it is the fact, that from regulators to critics, people are starting to recognize legit network marketing companies from illegal ponzi and pyramid money schemes. This new awareness is opening the doors for investors all the way down to brand new independent professionals getting involved in direct sales in one form or another.
BK Boreyko, Co-founder and CEO of VEMMA, home of the Young Peoples Revolution shot me over the numbers for the first half of 2013…
Starting in January – $14 million, February – $15 million, March – $18 million, April – $19.1 Million, May – $19.3 million, and June – $18.1 million. That’s a total over 103 million dollars! And I might also add that in June VEMMA acquired over 24K new customers and Brand Partners!
San Diego, CA – July 8, 2013 – CLR Roasters, a wholly owned subsidiary of Youngevity International Inc. (OTCQX: YGYI) (www.YGYI.com), announced today that it has signed an agreement with Marketing Management Inc’s (MMI) subsidiary brokerage firm Market Solution Inc. (MSI), to represent CLR Roaster’s Café La Rica Espresso and Josie’s Java House ground coffee brands on a nationwide sales campaign.
Café La Rica holds the third place in sales per unit through Walmart stores with a recent increase of 46%. Over the past 52 weeks, Café La Rica has seen a sales increase of over 300% through Winn-Dixie stores. Café La Rica has also been authorized for sale in 318 Publix Super Market locations in Florida.
Josie’s Java House is a boutique styled ground coffee that comes in a variety of blends and flavors. In 2014, the Josie’s Java House line is to be expanded to include Hazelnut Cream through Walmart.
Café La Rica and Josie’s Java House coffees have full distribution through Sedano’s Supermarkets, the largest Hispanic Supermarket chain in the country. As well as being distributed by Associated Grocers, which services 450 independent stores throughout the state of Florida. Discount Drug Mart has added the Josie’s coffee line and Café La Rica Espresso to all 72 of their stores in Ohio with repeat orders. (Read the full Press Release)
CVSL And Tomboy Tools Sign Letter Of Intent
OPENS DOOR TO HOME IMPROVEMENT AND HOME SECURITY MARKETS
DALLAS and DENVER, July 12, 2013 /PRNewswire via COMTEX/ — Tomboy Tools, Inc., an Entrepreneur Magazine “Top 100 Brilliant Company,” and CVSL Inc. [stock symbol: CVSL] announced today that they have signed a letter of intent for Tomboy Tools to become part of CVSL’s family of direct selling companies. (Read Full Press Release)
If short interest as a percent of equity float is an indicator of popularity, Blyth Inc. (BTH) is the most hated stock on the NYSE. However, an in-depth look into the company reveals some key factors that may create an extremely positive risk reward. The market is currently offering shares at unsustainably low valuation, four times management’s 2013 cash flow guidance. Pessimism toward the company is extreme with 75% of the current float short. Management is aggressively repurchasing shares of the company. 14% of the equity float has been repurchased in the last three quarters at higher stock prices than today. The company has repositioned its balance sheet resulting in nearly five years prior to its senior notes maturing. The company’s largest business segment and the focus of the short sellers, appears to be turning a corner. Now may be the perfect time to become a contrarian and invest in Blyth Inc. (Read The Full Report)
To make a clear distinction between genuine direct-selling companies and fraudulent ponzi schemes, the government will soon put in place a set of ‘model guidelines’ to be followed by different states in such cases.
“These guidelines are close to being finalised by the Consumer Affairs Ministry and the Corporate Affairs Ministry has given its suggestions and other inputs in this regard,” union minister Sachin Pilot said.
“There was a meeting of consumers affairs secretary,corporate affairs secretary, myself and other stakeholders on the issue. Once we put these standard guidelines in place, the ambiguities about genuine companies and fraudulent schemes would go away,” the corporate affairs minister told PTI in an interview here. (Read Full Report Here)
Direct selling is a business model that offers entrepreneurial opportunities to individuals as independent contractors to market and/or sell products and services, typically outside of a fixed retail establishment, through one-to-one selling, in-home product demonstrations or online. Compensation is ultimately based on sales and may be earned based on personal sales and/or the sales of others in their sales organizations.
Direct sellers may be called distributors, representatives, consultants or various other titles. They may participate in various ways, including selling the products themselves or through their sales organizations, providing training and leadership to their sales organizations, referring customers to the company and purchasing products and services for personal use.
Network Marketing Pros In The News
Doug DeVos and Steve Van Andel (Amway) have been named Business Persons of the Year by the Economic Club of Grand Rapids. They were honored at a dinner at DeVos Place that was headlined by Hillary Clinton, former secretary of state, U.S. senator and first lady. Steve was also named Chairman of the Board of the U.S. Chamber of Commerce this week, where he will serve a one-year term.
Kirsten Aguilar (Vice President of Marketing) and Leslie Boyd-Bradley (Director of Distributor Development) have been named to SeneGence’s non-profit organization, the Make Sense Foundation.
Diahanna Brown, Vice President, Worldwide Events and Promotions for Herbalife, was awarded the Humanitarian of the Year Award by Union Rescue Mission in Los Angeles.
Steve Hastings has been appointed Executive Vice President of Sales & Marketing for Reliv; Brett Hastings has been appointed Senior Vice President and Chief Operating Officer.
Juliet Morgan has been appointed Chief Marketing Officer at foru international.
Mark Patterson has been promoted to Executive Vice President of Vemma.
Andre Peterson, former Director of Global Public Relations of Morinda Bioactives, passed away in his home on June 1, 2013. Andre had been with Morinda Bioactives for 12 years, having also worked at WordPerfect and Managed Wealth Financial.
Monica Wood is now Vice President of Consumer and Distributor Insights forHerbalife.
Network Marketing Companies In The News
The 11th Annual American Business Awards, aka the Stevie Awards, were presented to honorees during a gala banquet on June 17, 2013 in Chicago. The second round of winners will be announced on Sept. 16, 2013 in San Francisco. DSA congratulates the following direct selling companies for their achievements.
- Bronze Stevie Award—ACN’s 20th Anniversary Celebration—Best Tradeshow or Convention
- Bronze Stevie Award—ACN Celebrates 20 Year Anniversary—Motivational Video
- Bronze Stevie Award—Isagenix Celebration 2012—Live Event
- Bronze Stevie Award—IsaDerby—Best Internal Recognition/Motivational Event
- Bronze Stevie Award—Experience Isagenix—PR Video
- Bronze Stevie Award—Company of the Year—Health Products & Services
Pending member North American Power
- Gold Stevie Award—Management Team of the Year—Consumer Services Industries
- Gold Stevie Award—Company of the Year—Consumer Products—Durables
- Silver Stevie Award—Paul Thies, Senior Director of Communications—Communications Professional of the Year
- Gold Stevie Award—Management Team of the Year—Consumer Products Industries
- Silver Stevie Award—Communications or PR Campaign/Program of the Year—Social Media Focused
- Silver Stevie Award—Dan Macuga, Chief Communications Officer—Communications, Investor Relations or PR Executive of the Year
- Silver Stevie Award—Human Resources Department of the Year—Health Products and Services
- Silver Stevie Award—USANA Corporate Rebrand—Brand Executive of the Year—Health Products & Services and Pharmaceuticals
- Bronze Stevie Award—Ashley Collins, Executive Director of PR and Social Media—Communications, Investor Relations or PR Executive of the Year
- Bronze Stevie Award—Dave Wentz, CEO—Executive of the Year—Health Products & Services
- Bronze Stevie Award—USANA 2012 International Convention—Best Tradeshow or Convention
- Bronze Stevie Award—Doug Braun, Chief Marketing Officer—Marketing Executive of the Year
- Silver Stevie Award—BK Boreyko, Founder and CEO—Executive of the Year—Health Products & Services
- Bronze Stevie Award—Vemma Revolution Convention—Best Tradeshow or Convention
- Bronze Stevie Award—Vemma Achieve Film Series—Motivational Video
- Bronze Stevie Award—This is Vemma! Welcome to the Revolution—PR Video
- Bronze Stevie Award—Verve Bold Launch—Marketing Campaign of the Year—Health Products & Services
AL International, parent company of non-member Youngevity, has changed its name to Youngevity International, Inc., and will trade under the stock ticker “YGYI.”
Amway is teaming up with KaBOOM! to build a new playground at the Indian Trails Camp in Tallmadge Township, Mich. The camp provides camping experiences for children and adults with disabilities.
Avon’s beauty and fashion boutique brand, mark, has named actress and singerLucy Hale a Beauty Ambassador. In the role, Hale will appear in mark Magalogs, as well as on mark and Avon digital platforms. She will also be the spokesperson for the m.powerment by mark campaign, the brand’s philanthropic effort dedicated to breaking the cycle of dating abuse and partner violence against young women.
Creative Memories recently announced that plans for layoffs, detailed in an April 16, 2013, notice, will no longer be happening. “We have been and will continue to make changes, but at this time we aren’t expecting any layoffs of that magnitude . We want the business to go forward and we need people to do that,” said Chris Veit, CEO.
CUTCO/Vector Marketing recently presented Linda Price, Ph.D., department head and Underwood Family Professor of Marketing in the Eller College of Management at the University of Arizona, with its CUTCO/Vector Distinguished Marketing Award for Lifetime Contributions to Marketing Scholarship, endowed by Vector Marketing Corporation.
Herbalife was presented with an award for its corporate social responsibility by Global Views magazine in Taiwan. The award, in the “Care for the Community” category, was in recognition of Herbalife’s commitment to helping the development of youth baseball in Taiwan.
Immunotec has released its second quarter 2013 financial results. Total revenue for the three-month period reached $12.6 million, an increase of 10.6 percent as compared to the same period in the previous year. Total revenue in the six-month period reached $24.8 million, an increase of 10.4 percent as compared to the same period in the previous year. Network sales in the three-month period reached $11.2 million, an increase of nine percent as compared to the same period in the previous year. Network sales in the six-month period reached $22.4 million, an increase of 10.7 percent as compared to the same period in the previous year. View the full press release online.
Mannatech recently announced the launch of its Give for Real℠ program. This unique, donation-through-consumption initiative is designed to help consumers and social entrepreneurs meet the needs of malnourished children around the world. For every purchase on an automatic order containing certain products, a donation of PhytoMatrix® bulk dietary supplement is provided through MannaRelief to children in need worldwide. MannaRelief is an independent, nonprofit organization.
Mary Kay donated $326,400 to the China Women’s Development Foundation to fund a micro-credit project for women in southwest China’s Chongqing Municipality. The funds will go toward helping poverty-stricken women start their own businesses.
In additional company news, Mary Kay has partnered with Jordyn Wieber, the reigning Olympic gold medal gymnast, to raise awareness of teen dating abuse as the official spokesperson of Mary Kay’s “Don’t Look Away” campaign to help prevent and end dating abuse.
Nu Skin will be opening its Innovation Center in October in Provo, Utah. The facility includes two restaurants (both open to the public), a water feature in the 18,000-square-foot, four-story atrium, walking and hanging gardens, a state-of-the-art fitness facility and a two-story glass pavilion with mountain vista views.
Pending member Origami Owl has made the following staff appointments:
- Robin Crossman is now the company’s Chief Executive Officer
- Deb Bursley is Senior Vice President, Marketing and Communications
- Kym Gonzales is Vice President, New Market Development
- Pam Mercado is Vice President, Sales Strategy and Incentives
- Tracey Vlahos is Executive Director, Field Sales Development
PartyLite is a recipient of Manufacturing Executive’s 2013 Manufacturing Leadership 100 Award. The company’s winning project in the Global Value Chain category highlights its successful program to optimize its supply chain through the use of Logility Voyager Solutions™. The Manufacturing Leadership 100 Awards (ML100), presented by Manufacturing Executive, honor manufacturing companies and individual manufacturing leaders who help shape the future of global manufacturing.
In additional company news, PartyLite sponsored and participated in the Relay for Life of Greater Plymouth (Mass.) recently. The event is an annual fundraiser for the American Cancer Society.
Primerica held its 2013 conference last week at the Georgia Dome. Approximately 35,000 distributors attended the event.
Scentsy recently donated $123,000 to the Special Olympics International. Orville and Heidi Thompson presented the check to representatives from Special Olympics International and member Lauren Schmellick, an Idaho contestant in the 2011 Special Olympics Summer World Games in Athens, Greece, during a ceremony. The money was raised through the sales of its fall and winter special release candle, “Champion.”
Distributors who attended Talk Fusion’s “Believe” corporate event, held recently in Russia, raised a total of $80,000 to benefit Rusfond USA to pay for three surgeries for a Ukrainian toddler suffering from spina bifida.
WineShop At Home has moved into a new 20,000-square-foot facility in Napa Valley, Calif., at the Gateway Business Park.
WorldVentures has launched a Trust Council to measure, audit, counsel and advocate company practices and behaviors in the field and at the corporate office. The council includes corporate executives as well as independent representatives.
Without a doubt Direct Selling worldwide is coming on strong. Having weathered the economic recession of 2008, we are now seeing the rise in sales as well as distributors. And 2013 has started off on a strong note for both the public and private network marketing companies as we can see with this most current MLM News Report.
Mary Kay Implements Latest Mobile Technologies to Support Worthy Cause
Domestic violence remains the number one cause of injury for women ages 15 to 44 and each year, in the U.S. alone, victims of domestic violence lose nearly 8 million days of paid work. In efforts to promote prevention and raise awareness, Mary Kay has launched innovative strategies to put a stop to violence and educate others about how to identify abuse.
In 1996, Mary Kay Ash first launched the Mary Kay Foundation with a commitment to help bring an end to cancers affecting women. Just five years later, those efforts were expanded to include working toward an end to domestic violence, a cause that has remained one of the foundation’s primary focuses ever since. Today, as part of its efforts, the company takes a uniquely innovative approach to furthering the cause through the use of mobile technology to provide support and assistance to those impacted by domestic violence who may feel they have no place to turn. (Read The Whole Article Click Here)
This week Washington, D.C., was the site of conferences hosted by the National Association of Attorneys General (NAAG), the Republican Attorneys General Association (RAGA) and the Democratic Attorneys General Association (DAGA). DSA’s involvement with these organizations has long been recognized by the DSA Government Relations Committee as an integral tactic of the Association’s government relations and political outreach strategy. DSA attorneys Valerie Hayes and John Webb participated in these events and spoke with numerous State Attorneys General about issues important to the direct selling industry. Specifically, they discussed the recent enforcement action filed against Fortune Hi-Tech Marketing by the Kentucky, North Carolina and Illinois Attorneys General in conjunction with the Federal Trade Commission. DSA staff discussed the Association’s membership review process and members’ compliance with DSA’s stringent Code of Ethics. In addition, DSA staff discussed legislation introduced in various states that would impact direct selling companies and distributors, as well as other issues.
Vice President Joe Biden and U.S. Attorney General Eric Holder gave keynote addresses at the NAAG meeting, focusing on the Administration’s gun control initiative. Thomas Curry, Comptroller of the Currency, and Richard Cordray, Director of the Consumer Financial Protection Bureau, discussed how the federal government is working with states to enforce consumer protection laws.
As prescribed by the DSA Government Relations Committee, DSA will continue to meet with State Attorneys General to foster these relationships and advocate the interests of the direct selling industry.
Network Marketing Companies In The News
Amway recently opened a new facility at Citi Field, home of the New York Mets baseball team. The Amway Business Center will be used for classes and serve as a resource for distributors. The company has also announced a sponsorship package with the team that includes a sign on the right-center field scoreboard, hospitality opportunities, season tickets and other ways to put its sponsorship into action.
Natura Cosmeticos was ranked No. 2 on the 2013 Global 100 List of the Most Sustainable Corporations in the World. The list is created by Corporate Knights Inc. using data on corporate sustainability from the top 100 large-cap companies in the world. The rankings are announced each year at the World Economic Forum.
Origami Owl has partnered with the country music band Rascal Flatts to promote its TAGGED™ collection. For a limited time customers will receive a digital download of Rascal Flatts’ latest single, Changed, with the purchase of Origami Owl’s Changed Tag.
Stella & Dot has established its European headquarters in London and is now looking to expand to Scotland with the recruitment of up to 450 new sales representatives there.
USANA announced that its China subsidiary, BabyCare Ltd., received official government approval from the Ministry of Commerce People’s Republic of China to expand direct selling activities in three additional provinces/municipalities: Jiangsu, Shanxi and Tianjin. These licenses are in addition to a license in Beijing.
In additional company news, the USANA True Health Foundation donated $10,000 NZ to KidsCan, a nonprofit organization in New Zealand, in response to Mike Allsop completing the 777 Project. The challenge included running seven marathons in seven days on seven continents.
Vemma has won five graphic design awards in two competitions sponsored by GDUSA magazine. The company took home three awards in the American Graphic Design Awards competition and two from the American Package Design Awards.
This week we have Network Marketing news coming from all over the world, DubLi Network, ACN, AdvoCare, Viridian Energy, The Traveling Vineyard, Ava Anderson Non-Toxic, Essential Bodywear, Stream Energy, Stella & Dot, Mary Kay, MonaVie, Nu Skin, and Shaklee.
DubLi Network #1 eCommerce Network Marketing Company Worldwide
DubLi Dream Days Dubai – Exclusive Event Package
DubLi Dream Days Dubai was billed as the greatest business event in DubLi history. It not only lived up to this expectation, but far surpassed it! Over 1,000 top leaders from more than 25 countries around the world converged on Atlantis, The Palm in Dubai for this life-changing event. DubLi Founder, President and CEO Michael Hansen opened the meeting by saying, “Whatever your greatest expectations were for this event, they will be far exceeded! You will see systems and technology that you didn’t even know had been invented.”
The meeting featured world-class training, motivation, and information, including a myriad of announcements unparalleled by any other company in business today. Most companies would have built complete events around just one of the announcements that were made; DubLi made more than 20 such declarations! Some of these landmark announcements included… (Read the full story here)
ACN will be hosting its International Training Event in Charlotte, N.C., at the end of September. The company is expecting nearly 20,000 independent business owners to attend. Attendees will receive training and hear from motivational speaker John C. Maxwell. The last two ACN events that have been hosted in Charlotte have been estimated to generate $13.8 million for the local economy.
AdvoCare recently announced it is the new title sponsor for the November NASCAR race at Phoenix International Raceway. The race will be called the AdvoCare 500 and take place on Nov. 11, 2012.
Ava Anderson Non-Toxic has been chosen as the next Spanx Leg Up winner. The direct selling company will be featured on the Spanx website and in the Holiday Spanx consumer catalog.
Essential Bodywear is supporting National Breast Cancer Awareness Month by donating $2 to the Pink Daisy Project for every “Jacqueline” wire-free bra sold in October. The donation will be doubled if the goal of 2,000 bras sold is reached. The Pink Daisy Project is a nonprofit organization dedicated to helping women facing the hardship of breast cancer treatment by providing housecleaning help, gift cards for necessities such as groceries and gas, assistance with prescription drug costs and more.
The Mary Kay Foundation awarded $3 million in grants to 150 domestic violence shelters in recognition of Domestic Violence Awareness Month, taking place in October. Each shelter received a $20,000 grant to maintain critical services and programs for women and children who are survivors of domestic violence. Through its annual shelter grant program, the foundation has now provided a total of $31 million to domestic violence organizations since 2000.
MonaVie will begin its “Get a VIEW” city tour in October, featuring the new MonaVie VIEW Antioxidant Scanner. There will be more than 30 stops throughout the U.S. and five in Canada.
Nu Skin recently announced plans to triple its number of stores and sales support centers in China by 2017 and expand its direct selling coverage and distribution model to generate higher levels of market penetration.
In additional company news, Nu Skin has been able to expand its charitable work in 2012:
The Nu Skin Force For Good Foundation was able to start work on a new educational center being built in Vanua Leva Island, Fiji, with the help of a new partner, Seacology; open the Nu Hope Library, which was donated to the children of Chungbuk Province in South Korea; and donate a vehicle to The Center for Children’s Mental Healthcare in Japan, which was established to help the children who were affected by the Tohoku earthquake last year.
The Nu Skin Foundation has donated more than $900,000 in grants to charitable projects; has been able to open 10 children’s libraries; helped 77 children receive life-saving heart surgeries; given more than $16,000 for the “Lunch Box Delivery” program, which brought needed meals to children and senior citizens in Korea; and issued 56 scholarships through the ETC scholarship program.
Nu Skin’s “Nourish the Children” initiative was also able to deliver almost 10 million donated meals of “VitaMeal” to some of the countries that need it most, including Russia, South Africa, Malawi, China, the Philippines, Thailand, Guatemala, Haiti, El Salvador and Fiji, as well as to impoverished areas within the United States and Canada.
These charitable works are all made possible through the donations of Nu Skin customers and distributors.
Shaklee recently held its annual convention in Las Vegas with more than 6,000 attendees. Inspired by information provided during a keynote by Dr. Jamie McManus, conference attendees committed to losing a combined total of 72,855 pounds in the 90 days following the convention.
Stella & Dot recently launched a capsule collection of signature jewelry and accessories to celebrate National Breast Cancer Awareness Month. For each piece purchased during the month of October, all net proceeds will benefit the Noreen Fraser Foundation, a nonprofit organization with a mission to raise funds for women’s cancer research and awareness of the importance of early detection.
Stream Energy has been named a finalist for a Platts Global Energy Award. The company is contending for the Corporate Social Responsibility Award in the Stewardship Award category. This is the second year in a row in which Stream Energy is being recognized for its charitable work on behalf of Captain Hope’s Kids, a not-for-profit advocacy organization for homeless children in the North Texas region. Winners of the 2012 Global Energy Awards will be announced at a celebration on Nov. 29, 2012, in New York City.
The Traveling Vineyard recently announced the creation of a new federal bonded and licensed winery facility in Buellton, Calif., in the Santa Barbara County wine region. This will be the second winery location for the company.
Viridian Energy recently held its third-annual PowerUP! convention in Atlantic City, N.J. Key announcements at this year’s convention included foundational growth plans for Viridian, product expansion, a new business management platform and new training programs.
Source: Direct Selling Association
This has been an active week in the network marketing community. From TXU Energy, ArtNEXT, Jamberry Nail and The Traveling Vineyard submitting applications for membership to the DSA, to Ocean Avenue hitting pre-launch, to Zeek Rewards being investigated to the powerful news MLM is well represented in the 2012 London Olympics.
This week I covered the pre-launch of Ocean Avenue. The founders of this company will be unveiled this next week in a live interview right hear at MLM Help Desk.
The North Carolina DOJ made it public this week they were investigating Rex Venture Group, LLC, the parent company of Zeek Rewards. I feel this could be the best thing to happen to the affiliates of Zeek Rewards so once and for all they can get some of the questions answered, and if there are any changes that need to be made, the company can change them ASAP.
Going for the Gold: Direct Selling Companies Make an Impact at the 2012 Olympic Games
As nearly 4 billion people across the globe have tuned in to watch their favorite athletes shine on the biggest stage in sports, the direct selling industry has yet again illustrated how the sales channel continues to empower men and women everywhere to achieve their dreams.
While Avon is recognized around the world for its firm commitment to women’s empowerment, few are aware of the company’s direct role in the incorporation of a key event at the Games—the women’s Olympic marathon.
In addition to Avon’s contributions to the Olympic Games, nutritional and science-based direct selling companies like USANA have made their mark on the global stage by maintaining partnerships with a number of elite athletes. This year alone, more than 60 Team USANA athletes traveled to London to compete in the Summer Games.
“The athletes who compete in the Olympics represent the best of the best,” said Ashley Collins, Executive Director of Marketing, Public Relations and Social Media for USANA. “Their health and wellness are vital to their success, so they have to choose their supplements very carefully.
“There are currently more than 600 product-sponsored Olympic and professional athletes that make up Team USANA,” she continued. “The fact that they are product-sponsored is significant—it means these are not fiscal sponsorships. We provide them only with supplements and health products and our athletes understand the value in that. Improving their health and performance is ultimately what the partnership is about.” (Read the whole article here)
Cheers! My name is Rick Libby and I am the founder, Chief Grape Stomper and Head Cheerleader for The Traveling Vineyard.
In 2001, we created The Traveling Vineyard as a unique in-home Wine Tasting concept similar to a Tupperware party or Pampered Chef show.
The difference? Well… tasting wine is a lot more fun and everybody likes to have a home wine tasting!
We recognized that it ís hard to know if you like a wine unless you try it first. So we bring the wines into your home where you, your friends and family can discover new varietals in a relaxed, pressure-free environment.
We held our first in-home tasting in Tampa, Florida in November of 2001 and have been on a roll ever since. Our wine tastings are conducted by our Independent Wine Consultants who love wine, love to educate and inform and love the fun, friendships, flexibility, financial reward and fulfillment that they derive from their role as Independent Traveling Vineyard Consultants.
Jamberry Nails started with three sisters.
We created Jamberry Nails to provide a simple way to brighten your day. We constantly get letters and feedback from customers letting us know how much they love the product and how many compliments they get day after day. We know you’ll love the product too and feel great wearing your Nail Shields.
You’ll also love Jamberry Nails because of how easily they can be applied and how many different looks you can achieve by mixing and matching. Our Nail Shields will give you that high-end salon look in the convenience of your own home.
We are passionate about making a great product and keeping up with the latest trends in our designs. If you have any feedback for our company we would love to hear it.
Thanks for shopping at Jamberry Nails!
The Jamberry Sisters
TXU Energy powers the lives of more Texans than any other electricity provider, making us the #1 choice for electricity in Texas.
We offer competitive market benefits by providing a variety of Texas power plans, low prices and innovative products and services to support your everyday needs.
With TXU Energy you’ll find:
Power with straightforward pricing that you can depend on.
A broad selection of plans to fit your Texas home and business needs.
Features like cash back loyalty rewards, price protection, recurring payment and more.
Renewable energy options that support Texas wind farms.
Energy-saving products to help you manage and reduce your bills.
Innovative budgeting and account management tools.
Bill payment assistance programs to help those in need.
24/7 dependable customer service.
Avon was listed as number 37 on Interbrand and Deloitte’s 2012 list of Best Global Green Brands. The 50 brands were evaluated based on their performance and the public’s perception of their green credentials.
Berkshire Hathaway, parent company to The Kirby Company, The Pampered Chef and World Book, recently released its earnings report for the second quarter of 2012. Berkshire said it generated $3.1 billion net income, down from last year’s second-quarter net income of $3.4 billion. Berkshire’s revenue grew slightly to $38.5 billion from $38.3 billion. The company reported a 37 percent increase in its operating profit, reporting $3.7 billion in operating earnings, up from $2.7 billion last year. Berkshire recorded a $693 million loss on its derivative contracts in this year’s second quarter. (Read Full Press Release)
Blyth, parent company to PartyLite Gifts and non-member ViSalus, recently reported its second-quarter financial earnings for 2012. Net sales for the three months ended June 30, 2012, increased 70 percent to $324.8 million, versus $191.5 million for the comparable prior-year period, primarily due to significant year-over-year sales growth at ViSalus. International sales for Blyth represented 20 percent of second-quarter sales this year, compared to 39 percent last year, driven by ViSalus’ strong domestic sales growth. In the direct selling segment, second-quarter net sales increased 98 percent to $278.3 million versus $140.9 million for the same period last year due to significant sales growth at ViSalus. (Read Full Press Release)
Flavon Max, with offices in several European countries, is now operating in the U.S.
ForeverGreen is expanding its operations to the Russian market.
Mannatech reported its second-quarter 2012 financial earnings with a net loss of $2.4 million for the second quarter ending June 30, 2012, compared to a net loss of $5.2 million for the second quarter of 2011. Net sales for the second quarter of 2012 were $43.6 million, a decrease of 15.1 percent, compared to $51.3 million in the second quarter of 2011. Read the Full Report Here
Mary Kay recently celebrated the 43rd anniversary of its pink Cadillac recognition program.
RBC Life Sciences recently released its financial earnings for the second quarter of 2012. The company reported consolidated net sales of $6.5 million for the quarter ended June 30, 2012, compared to $7.5 million for the second quarter of 2011. For the quarter, the company reported net earnings of $23,120 compared to net earnings of $17,030 for the same quarter in 2011. Read the Full Report Here
Thirty-One Gifts announced it is looking to hire up to 60 new full-time employees to work in its Springfield, Ohio, facility.
USANA was named one of the “Best Places to Work” by Outside magazine for its fourth consecutive year. The company was ranked number 23 out of 100 companies across the U.S. Outside’s “Best Places to Work” project celebrates the innovative companies setting a new standard for a healthy work-life balance.