Tag Archive | "Network Marketing"

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MLM MythBusters: 99% Of Network Marketers Lose Money

MLM MythBusters: 99% Of Network Marketers Lose Money

According to the DSA:

Mythbusters More than half of direct sellers report that their net income from direct selling, after taxes and expenses, is positive. In addition, a positive net income is reported by nearly half of new direct sellers — those representing their current company for less than a year — and by nearly half of direct sellers who say that they are not very likely or not at all likely to continue in direct selling in the future.In addition, research shows the following:

  • four in five (82%) direct sellers have been with their current direct selling company for one year or more, and 34% for five years or more.
  • 88% of direct sellers rate their personal experience in direct selling as excellent, very good, or good.
  • 85% of direct sellers say that direct selling meets or exceeds their expectations as a good way to supplement their income or as a way to make a little extra money for themselves.
  • 91% of direct sellers say that direct selling meets or exceeds their expectations as a business where the harder they work the more money they can make.

(Source: 1999 National Salesforce Survey, MORPACE International, Inc.)

Posted in Network Marketing NewsComments (15)

The Latest Barry Minkow USANA Attack

AN DIEGO/EWORLDWIRE/May 22, 2007 --- When Brian Mohr, owner of Nutrimart Nutrition - a retail vitamin store in San Diego, California - first received a letter from Usana Health Sciences Inc. (NASDAQ: USNA) demanding that he contact Barry Minkow, co-founder of the Fraud Discovery Institute (FDI), and immediately insist that Minkow remove the YouTube video which compared the prices of Nutrimart's products to the Usana Health Pak 100 (TM), he was shocked. "Usana told me that my employee misrepresented to the public that the daily vitamin packs that we sell for substantially less than Usana's products were really not comparable at all because our products, although less expensive, were inferior," said Mohr.

Read the full story

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Fortune Magazine Features Shaklee

Fortune Magazine Features Shaklee

Groovy Green has a nice little article about recent Shaklee's recent Fortune Magazine feature...

The newest Fortune magazine has an article on the Shaklee cleaning supply company being green before green was cool.

One of the highlights.dishsoap.jpg

*In 1960, following the founder’s dictum to “follow the laws of nature and you’ll never go wrong,” Shaklee introduced Basic-H, one of the first nontoxic, biodegradable household cleaners. It is highly concentrated, so it requires far less packaging than rival products.

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Arbonne Rep Makes Who’s Who List

Highlands Ranch, CO,  May 11, 2007 --(PR.com)-- Laura J. Fletcher, Executive National Vice President of Arbonne International has been named Cambridge Who’s Who Executive of the Year in Network Marketing. While inclusion in Cambridge Who’s Who Registry is an honor, only one member in each discipline is named the Cambridge Who’s Who Among Executive & Professional Women of the Year. The Cambridge Who’s Who selection committee hand picks these special Who’s Who honorees based on accomplishments, academic achievement, leadership and service.

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P2P, Social Networking and MLM

I wrote about the merging of social, viral, buzz and Network Marketing in 'It's Time...for Network Marketing'. File this in the "stuff your brother-in-law doesn't know about Network Marketing" folder:

CScout:

Social Networking and P2P sites enable consumers to have their stake in the music business.

Trend Description:
Whoever has dreamed to be part of the music business, has now the chance to do so – virtually. The music industry has finally discovered the power of social networking and P2P to increase the online sales of even unknown bands and artists. Equipped with special software fans can create their own music-stores online and sell the music they like to their friends, peers and all others who might share their taste. Another model allows fans to buy stock of their favorite – unsigned – band. If the fan and the band can motivate enough other believers (through MySpace, YouTube, or word of mouth) the band gets to record an album and can start making money, which of course will be shared equally between themselves, their believers and the company which made the deal possible.

Posted in Network Marketing - MLMComments (0)

Forgot What I Was Doing… MLM Blog YouTube Video

Sorry for the lapse in MLM Blog YouTube Videos. Here is part 3 of How To Get Free MLM Leads:

Posted in MLM Blog VideoComments (2)

Do You Need a Web Site to Build Network Marketing?

I saw this question posed at the MLM.com forums today and wanted to offer the MLM Blog readers my 2 cents.

Do You Need a Web Site to Build Network Marketing?

My answer is only if you want to be seen as a professional.

Think about it. You want to talk to someone about a billion dollar industry and the opportunity to make a big financial impact on their lives and they ask you what your web address is and you don't have one?

For crying out loud, get real. Even if you build your business 100% off line and face to face, people will still Google your company and maybe even your name. You want to be looked at as an expert in your industry? Well, you better consider what people find on Google when they search for your name.

Here is a snip from a recent article I wrote about branding called, "You're The Brand":

If you are out talking with potential business partners, sharing your products and promoting your business, you can pretty much count on the fact that people will be checking you out.

What does Google say about You, the brand? Go Google yourself now and see.

Posted in Network Marketing - MLMComments (0)

Mannatech Class Action Lawsuit Moves to Dallas

Dallas Morning New:

A class action lawsuit initially filed in New Mexico against nutritional supplement maker Mannatech Inc., has been moved to Dallas, the company said in a regulatory filing Friday.

The lawsuit accuses the Coppell-based company of violating U.S. securities law by "artificially inflating the value of our common stock by knowingly allowing independent contractors to recklessly misrepresent the efficacy of our products," the company said in the filing with the Securities and Exchange Commission. The suit is a combination of three cases originally filed in 2005.

At Mannatech's request, the case was moved to the U.S. District Court for the Northern District of Texas in Dallas.

"It makes more sense for the purposes of judicial economy for it to be" closer to the company's home base, said an attorney familiar with the case who asked not to be named.

Posted in Network Marketing - MLMComments (0)

Amway – Quixtar Antitrust Lawsuit Update

Kansas City Star via MLM Business Opportunities:

Plaintiffs in a massive antitrust action against Amway Corp. overcame another hurdle this week in their long quest to get their case heard by a jury.

A federal judge on Monday refused to dismiss all but one of eight counts against the company, finding that the plaintiffs’ allegations were legally sufficient to support claims of price fixing, conspiracy and other charges.

U.S. District Judge Richard E. Dorr agreed to dismiss only a civil racketeering claim, ruling that it failed to establish “a pattern of racketeering activity.”

“We are obviously pleased with the ruling,” said Kansas City lawyer Dan Boulware, who represents several Amway distributors, including Nitro Distributing Inc. of Springfield and two distributors in St. Joseph. “All of our claims survived with the exception of the racketeering claim, which was a new claim we had recently added, and the judge kept the door open for that.”

Posted in Amway, BWW - Britt World Wide, Larry Winters - Leadership Development Team, Quixtar, Quixtar - Dateline NBC, WWDB - World Wide GroupComments (3)

Xango and Real Salt Lake Soccer

Xango and Real Salt Lake Soccer

MLSnet.com:

Xango_uniforms SALT LAKE CITY - Like so many other professional soccer teams around the world, Real Salt Lake has brokered a sponsorship deal that emblazons another name across the players' chests.

In front of 10,000 cheering XanGo juice distributors, Real Salt Lake players and team investor-operator Dave Checketts revealed the new team's new jerseys.

In place of the name Real on the front, the name XanGo is spelled out in bold block letters across the players' chests.

Posted in Network Marketing - MLMComments (1)

Ty's New Book: Double Your Income

Double Your Income - Ty Tribble

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Personal Coaching With MLM Blog Founder Ty Tribble (Helping You Create a 6-Figure Online Strategy)     click here now (only 1 spot left) »
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