Mannatech Inc. is the founder of the M5M (Mission 5 Million) Foundation, the pioneer of Glyconutrition, and the global innovator of naturally sourced supplements based on Real Food Technology®solutions.
Sales Method: Person To Person
Compensation Structure: Multi-Level
Products: Health and Wellness; Skincare; Home Living; Weight and Fitness
Primary Market: Asia
Headquarters: Flower Mound, Texas
Executive: Al Bala
Year Founded: 1993
Stock Symbol: MTEX—NASDAQ
The story of direct selling in 2009 and 2010 is much the same as it was worldwide for all industries. Developing nations continued to rise, and China and India were standouts for significant growth. More people were clamoring for additional income opportunities, but overall direct sales numbers were generally lower than they were a few years ago. In short, less was more around the world.
Yes, we are ambitious. Direct Selling News and all of the companies in this industry, that is. No challenge is too great. To illustrate this point, DSN created the Global 100, the top direct selling companies in the world, based on 2009 year-end wholesale revenue (in U.S. dollars).
In his book Twilight of the Idols, Friedrich Nietzsche wrote, “What does not destroy me, makes me stronger.” Although Nietzsche was referring to the human journey, this same truth is embodied by companies that rise, fall and rise again. When faced with unexpected changes and assaults, a company may wither under the pressure or strengthen its resiliency. Although Mannatech has endured ups and downs, these changes have compelled the company to stand strong today.