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Posts Tagged ‘Darren Jensen’

Simplifying The Online Customer Experience

Customer

Tips for improving the front-end user experience—and other best practices from our gig economy competitors. At the 2019 Direct Selling Association (DSA) Annual Meeting during the Growth & Outlook Breakout Workshop, a DSA Research committee member said, “A startling statistic for our industry is that it takes a customer an average of 13 clicks to…

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5 Events That Impacted Direct Selling In 2019

Direct Selling In 2019

In 2019 Direct Selling Faced Some Strong Headwinds Throughout this year the editors at Direct Selling News have had no shortage of topics to talk about. Never before have we seen such a year that has so dramatically impacted the future of direct selling. We began 2019 with troubling news out of China and ended…

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LifeVantage Enters New Zealand Market

New Zealand

As part of its continued global expansion, LifeVantage Corporation has formally commenced business in New Zealand. Select LifeVantage products have been offered in New Zealand on a not-for-resale basis for approximately 18 months as part of the company’s Global Customer Program, helping pave the way for the company to now open for distributor enrollments as…

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LifeVantage Revenue Up Slightly for Q1 Fiscal 2020

Lifevantage Revenue

LifeVantage Corporation (Nasdaq: LFVN) reported revenue of $56.2 million for its first quarter ended September 30, 2019.  Revenue increased 1.1 percent from $55.6 million in the first quarter of fiscal 2019. Revenue in the Americas decreased 2.2 percent, while revenue in Asia/Pacific & Europe increased 10.4 percent. Total active accounts decreased 2.2 percent to 181,000, including a…

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Q&A with Brett Blake

CEO Brett Blake

Bringing more investment into Direct Selling According to direct selling veteran Brett Blake, direct selling companies need more capital, but even more, they need the help of smart investors and savvy executives from outside the industry to close the gap between current practices and those that will help it scale into the mainstream of public…

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Raising The Bar

recruiting message

Our channel needs to update its recruiting message and practices and concentrate on the real motivations and needs to attract future prospects. Amazon, gig economy competitors and other market forces have taken some wind out of direct selling’s sales. After years of significant growth, our industry’s U.S. revenue was down 1.6 percent in 2016 and…

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LifeVantage Reports Increases for Q4 and Fiscal Year 2019

LifeVantage Q4 2019

LifeVantage Corporation (Nasdaq: LFVN) reported financial results for its fourth quarter and full fiscal year ended June 30, 2019. For the fourth fiscal quarter ended June 30, 2019, the company reported revenue of $56.2 million, an increase of 4.0 percent as compared to $54.0 million in the fourth quarter of fiscal 2018. Revenue in the Americas for the fourth quarter decreased 2.9 percent…

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LifeVantage Celebrates 10th Anniversary

LifeVantage

LifeVantage, the Sandy, Utah-based direct selling company, recently celebrated its tenth anniversary. At the company’s recent bi-annual event in Kansas City, Missouri, LifeVantage CEO Darren Jensen took attendees on a trip down memory lane and also painted a picture of the coming decade. “We began in a lab with a single, powerful scientific discovery—a discovery…

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LifeVantage Added to Russell 3000 Index

Lifevantage Revenue

LifeVantage Corporation announced it has been added to the Russell 3000® Index following the annual reconstruction, effective after the market opened on July 1. Annual reconstitution of the Russell US Indexes captures the 4,000 largest US stocks as of May 10, ranking them by total market capitalization. Membership in the Russell 3000 Index, which remains in place for one…

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U.S. DSA Announces 2019 Officers, Directors

Direct Seller Independence Act

The U.S. Direct Selling Association (DSA) recently announced elected officers and directors to the association’s Board of Directors.   Officers and directors of the association are recognized leaders who have earned the respect of their colleagues and the public and are committed to lead and direct the affairs of the association. The board officers will each serve one-year…

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