Posts Tagged ‘LifeVantage’
LifeVantage Enters New Zealand Market
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…
Read MoreLifeVantage Revenue Up Slightly for Q1 Fiscal 2020
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…
Read MoreQ&A with 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…
Read MoreDirect Selling Companies Win International Stevie Awards
Jeunesse Global, Kannaway, ARIIX, USANA Health Sciences, Amway, LifeVantage, Neogenics Nutrition and Medical Marijuana, Inc. were winners at the 16th annual International Business Awards®, known as the Stevies. A record total of more than 4,000 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range…
Read MoreRaising The Bar
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…
Read MoreLifeVantage Reports Increases for Q4 and Fiscal Year 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…
Read MoreLifeVantage Celebrates 10th Anniversary
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…
Read MoreNew DSN Digital 100 Provides Insight on Direct Selling’s Digital Leaders
Starting with the July 2019 issue, Direct Selling News is introducing a new monthly ranking, the DSN Digital 100, that will offer added insight on the digital marketing efforts of direct selling companies. The goal of the DSN Digital 100 is to see who within the direct sales industry is executing a sound social media…
Read MoreLifeVantage Launches in Belgium
LifeVantage (LFVN) opened for business in Belgium, marking the company’s third European market launch in as many months. “Our expansion strategy in Europe has been deliberate and aggressive, particularly this calendar year,” said LifeVantage CEO Darren Jensen. “It’s indicative of the traction the LifeVantage biohacking movement continues to gain in that part of the world,…
Read MoreAlways Keeping A Startup Mentality
Jeff Bezos has written a letter to his shareholders each year since the company’s inception. These letters outline Amazon’s long-term mission, culture and values. His 2017 letter, however, stood out more than the others for me. Bezos defined what he calls a Day 1 company vs a Day 2 company. Day 1 companies are: Agile…
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