Monday, February 26, 2007
Article about the launch in Nigeria by MLM company Sunrider. Initially the company will be selling a limited range of six of its products.
MLM Company Herbalife Reports Record Sales In Q4 2006
MLM company Herbalife Ltd. today reported fourth-quarter net sales of $487.4 million, an increase of 19.2 percent compared to the same period of 2005. This record performance was largely attributable to continued growth in several of the company’s largest markets, including Mexico and the U.S., which reported net sales growth of 35.1 percent and 25.0 percent, respectively, versus the fourth quarter of 2005. The company’s chief executive officer, Michael O. Johnson, said, “2006 marked another tremendous year for our independent distributors and our company. We believe our commitment to supporting successful distributor methods of operations, and providing innovative business tools, high-quality products and training events will enable us to sustain momentum in many of our key markets.”
MLM And Direct Sales In The USA
Interesting article about the MLM and direct selling industry in the USA today. Contains some useful data including this about sales growth...
Direct sales have climbed every year for two decades.
In 1996, direct sales brought in $20.84 billion nationally. There were an estimated 8.5 million people in the United States working in direct marketing.
By 2005, national direct sales were $30.47 billion, nearly 1 percent of total U.S. retail sales. Currently there are more than 14.1 million people selling directly to customers.
Over a 10-year period, direct sales have climbed at an average annual growth rate of 5.5 percent.
MLM And Network Marketing In China
US News article about the MLM industry in China, the existing activities of MLM companies such as Amway and Nu Skin and the new opportunities opening up with the recent change in legislation.