Search
September was just another version of August for direct selling stocks ... more volatility.
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.
Herbalife Ltd., Nu Skin Enterprises, Nature’s Sunshine Products Inc., Tupperware Brands Corp., USANA Health Sciences, Avon Products Inc., Relìv International Inc., Primerica Inc. Medifast Inc.
DSA, Nature’s Sunshine Products, Mannatech Inc., Herbalife, Phototron Holdings Inc., 4Life, Zurvita, North American Power, GeneLink Inc.
The United States is a land of opportunity for many, including companies headquartered in other countries. Peru-based cosmetics direct seller Belcorp is one that has chosen to make something of it.
In the second of our three-part series on technology, we look at how new devices and applications are affecting the customer service experience for distributors and consumers.
The Direct Selling Association annual meeting always re-energizes our spirits and elevates our appreciation for the direct selling business model. This year’s annual meeting, held June 5–7, attracted industry executives to a program built around general sessions, workshops and idea labs that covered 28 topics. Jason Dorsey, author of Y-Size Your Business: How Gen Y Employees Can Save You Money and Grow Your Business, reminded everyone that getting the Gen Y message right is critical to the success of all direct selling companies. John Addision, Co-CEO of Primerica, brought the audience back to the importance of leadership in building companies. Ray Chambers, world-renowned entrepreneur, philanthropist and humanitarian, delivered an uplifting message on the power of philanthropy in solving some of the world’s most challenging problems and the importance of direct selling as a channel of distribution. He said, “The direct selling business model can level the playing field and close the gap between the haves and have-nots.”
When we published the DSN Global 100 ranking last year, it was the first time in the history of the industry that a comprehensive list of the top 100 revenue-generating direct selling companies ...
In addition to having loving parents who started me off with firm guidance and an excellent education, it has been my good fortune to have several important mentors in my life.
Over the past several years, natural disasters have struck every part of the world—from Hurricane Katrina in the Gulf of Mexico to the 2004 tsunami ...