Quixtar Sales Down 3% in 2005
Posted on 03. Nov, 2005 by Ty Tribble in Quixtar
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Sales were down 3% at Quixtar, the North American Web-based sales division that was launched in 1999. Nevertheless, Quixtar posted its third straight year of sales in excess of $1 billion.
If Quixtar raised prices by 5-10% in 2005, and Quixtar's overall sales were down by 3%, how much business did they really lose?
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Doug_G
04. Nov, 2005
Amazing…inflation is in the 1-2% range, unless you are a Quixtar IBO. Your prices get inflated 5-10%. Then your company has to admit they lost revenue even after a big price jump like that.
Heck, if your prices went up by 5-10%, then if you are showing no growth in distributors your revenues should still go up 5-10%. There shouldn't be any drop unless your pyramid is crumbling.
Maybe Quixtar has hit that magical stage where further price increases will result in still fewer sales regardless of the effectiveness of the motivational organizations.