The fundamental trends of sales and earnings for direct selling companies were not among investors’ top interests during August as broader economic concerns such as shaky European sovereign debt, political turmoil in the United States and an unprecedented downgrade of U.S. debt led the stock markets into a free fall, followed by a rally, followed by a free fall, followed by a … well, you get the picture.
The direct selling sector has officially corrected on Wall Street (a correction is defined as a 10% decline in the share prices of the publically traded companies measured), but so has the broader market, so we see no reason to fret about the sector overall.
Pre-Paid Legal Services Inc. has provided families and small businesses with access to quality legal services for the past 40 years through a network marketing distribution channel.
Private Equity Continues to Reach Out to Direct Selling Industry. With strong consumer brands such as eBay®, Cranium®, Potbelly® and Shutterfly® already in their portfolio, executives at Maveron—a venture capital firm co-founded in 1998 by Howard Schultz, CEO of Starbucks.