Avon to manage China as a stand-alone business unit - Forbes.com

US cosmetics company Avon Products Inc said it will manage its operations in China as a stand-alone business to reflect the country's long-term growth potential and strategic importance to the company.

In a statement, Avon said it will also manage Central and Eastern Europe as a stand-alone business unit, increasing the number of the company's geographic regions -- which it calls 'commercial business units' -- to six.

China lifted its ban on door-to-door marketing on Dec 1, allowing companies like Avon, Amway, Nu Skin, and Herbalife to conduct direct sales in the country for the first time since 1998.

MLM Amway In India

Amway India, the country?s leading direct marketing company, has set a growth target of over 10 per cent for 2005-06 fiscal (September 1-August 31). Its turnover has gone up to Rs 633 crore in 04-05 from Rs 91 crore in 1998-99.

Over a period of next 12 months, Amway India, a wholly-owned subsidiary of the $6.4 billion Alticor Inc, one of the largest direct selling companies in the world, will launch 14 new products. Most of them will be in the nutrition & wellness and cosmetics categories. It will launch shortly a weight management product, existing in many other countries.

FK Marketing Launches Online MLM Leads Store

FK Marketing, the #1 online MLM Leads generator today launches VirtueData.com, it's online Lead store, providing high quality non-incentived MLM Survey Leads as well as low cost double opt-in leads.

MLM Herbalife CEO is surprise Readers Choice winner - Health-Care

Herbalife Ltd.'s Michael Johnson leapfrogged several of the best-known U.S. chief executives to win the MarketWatch Readers' Choice CEO of the Year award, topping such notables as Apple Computer Inc.'s Steven Jobs, Microsoft Corp.'s Steven Ballmer and Jeffrey Immelt of General Electric Co.

Johnson won with 55% of the vote, handily surpassing Jobs, who came in second with 15%. Google Inc.'s Eric Schmidt placed third with 9% of the tally.

Direct selling industry In India register 18 per cent growth - Business News - Webindia123.com

Adressing a press conference here today Sandip Misra, associate vice-president (operation) Amway India, a wholly owned subsidiary of us company alticor INC, said that according to the latest data available with the Indian Direct Selling Association (IDSA) the industry registered an impressive growth of 18 per cent during 2004-05 taking the total size of the buisness to Rs 2700 crore.

The number of people involved also grew to 1.32 million from 1.25 million in 2003-04.

Mr Misra said the idsa data shows that direct selling business was fast becoming a favourite among Indian women. As many as 60 per cent of all business people in this industry were women.

MLM Company Amway In India

Students of IIM Lucknow got a ringside view of the model of direct selling from the foremost industry expert in the field. Mr. Pinckney, the Managing Director and CEO of Amway, India took the audience into the world of business opportunities in direct selling in a talk organized by the Industry Interaction Committee of IIM Lucknow.

Mr. Pinckney talked about Amway, which, after entering India in 1995, is being seen as an expanding and established player in the direct selling paradigm. He picked some entrepreneurial lessons from the company which is now one of the world leaders in the direct selling industry. He also mentioned the various roles and opportunities that the independent business owners (IBOs) now possess. The fast growth potential, global nature and less risk of the model and the industry were also highlighted.

Companies entering the Direct Selling network, for example, Hindustan Lever Ltd, were also noted as the indicators of increasing impact of direct distribution. Loyal customers and business owners, combined with the advantages of a ?push? model interested the audience and provided them with a new perspective into successful network building.