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Chapter 7: MLM's Abysmal Numbers
7-1 The Case (for and) against Multi-level Marketing By Jon M. Taylor, MBA, Ph.D., Consumer Awareness Institute Chapter 7: MLM’s ABYSMAL NUMBERS Chapter summary a large enough downline to meet expenses, and therefore do not profit. Is MLM a profitable business These conclusions were confirmed in the opportunity? And if so, for whom? Just do the average earnings reports of all 30 MLMs for math – the numbers don't lie. In this and which we were able to obtain data published preceding chapters, you will find the most by the companies themselves. Such statistics rigorous and thorough analysis of MLM are invaluable for analysts to debunk the profitability ever done by an independent many misrepresentations that are told to research firm. Questions about the viability thousands of prospects every day. and profitability of MLM as a business model Failure and loss rates for MLMs are not and its many company manifestations are comparable with legitimate small answered in this and prior chapters – based businesses, which have been found to be on 15 years’ research, worldwide feedback, profitable for 39% over the lifetime of the and analysis of the compensation plans of business; whereas less than 1% of MLM over 350 of the leading MLMs, as well as participants profit. MLM makes even average earnings data, where available. The gambling look like a safe bet in comparison. answers are not pretty. MLM stocks are questionable Our studies, along with those done by investments at best. And like gambling, other independent analysts (not connected to losses from MLM participation should not be the MLM industry), clearly prove that MLM as a allowed as a tax deduction – beyond the business model – with its endless chain of amount of actual income. -
10813 South River Front Parkway, Suite 460 South Jordan, Utah 84095 Telephone: (801) 302-2255 Facsimile: (801) 302-2266 Email: [email protected]
Case 2:09-cv-00259-TC Document 1 Filed 03/23/2009 Page 1 of 64 Joseph J. Joyce (Bar No. 4857) William A. Sankbeil(admitted in Michigan, Clint A. McAdams (Bar No. 11156) filing pro hac vice) J. JOYCE & ASSOCIATES Joanne Geha Swanson(admitted in Michigan, 10813 South River Front Parkway, Suite 460 filing pro hac vice) South Jordan, Utah 84095 KERR, RUSSELL AND WEBER, PLC. Telephone: (801) 302-2255 500 Woodward Avenue, Suite 2500 Facsimile: (801) 302-2266 Detroit, MI 48266-3406 Email: [email protected] Telephone: (313) 961-0200 Facsimile: (313) 961-0388 Email: [email protected] Sharon M. Woods (admitted in Michigan, filing pro hac vice) Morley Witus (admitted in Michigan, filing pro hac vice) BARRIS, SOTT, DENN & DRIKER, PLLC 211 W. Fort Street, 15th Floor Detroit, MI 48226 Telephone: (313) 965-9725 Facsimile: (313) 965-2493 Email: [email protected] Attorneys for Plaintiffs IN THE UNITED STATES DISTRICT COURT DISTRICT OF UTAH, CENTRAL DIVISION GEORGE and JILL GUZZARDO, MARK and RITA HAAS, MARK and ANNA HUBER, PROPOSED CLASS ACTION WILLIAM and JACQUELINE LEWIS, MARK Case No. and JENNIFER PAUL, CURTIS and DEBORAH SPOLAR, DOUGLAS and SHERYL STROH, PLAINTIFFS’ CLASS ACTION LARRY and MARTHA VAN BUSKIRK, COMPLAINT MATTHEW and CHERYL ABRAHAM, JURY DEMANDED MANASE and LISA FOTU, TERRY and MARJORIE FRANKS, DEAN and TERESA FREY, MICHAEL and VIOLA GOWEN, GERALD and PAULETTE HARTEIS, individually and on behalf of a class of similarly situated persons and entities, Plaintiffs, {34078\1\DT377384.DOC;1} Case 2:09-cv-00259-TC Document 1 Filed 03/23/2009 Page 2 of 64 v. -
(And Your Team) Into Massive Action
4 Simple Steps to Activate Your Passion and Move Yourself (and Your Team) Into Massive Action Created by Sonia Stringer www.SavvyNetworkMarketingWomen.com About Sonia Stringer – "THE Business Coach for Women" Professional Speaker / Business Coach / Mentor Sonia Stringer coaches women in the network marketing/direct sales profession to “make big money and a bigger difference for others” through your business. Sonia started her career as a professional musician (yes, she played in a rock band…) in Vancouver, Canada but it wasn’t long before a love of business, psychology and "making a difference" led her to work with peak performance expert Anthony Robbins as a National Sales Trainer. Over the next 4 years, Ms. Stringer traveled extensively throughout the US and Canada, to personally conduct 800+ seminars for Fortune 500 corporations, sharing cutting-edge influence and leadership techniques to successful executives and entrepreneurs. Her authentic, heart-centered approach to business development has made her the “go to gal” for women who want to make great money and a better lifestyle for themselves and their families. She currently leads Savvy Network Marketing Women.com – an on-line community which provides tips, tools, and training to more than 100,000 women from network marketing/direct sales companies around the world. She has mentored consultants at all levels in many companies, including Arbonne, Rodan & Fields, Mary Kay, Stella & Dot, Isagenix, Silpada, Monavie, Pampered Chef, Southern Living, Mannatech, Shaklee, NuSkin, Neways, Trump Network, Max, Primerica, Herbalife, Univera, Melaleuca, Nikken, Reliv, Amway, Nature’s Sunshine, Market America, Sunrider, Thirty-One Gifts, Usana, Beauti Control, Avon, and Pre-Paid Legal, and It Works. -
The Pyramid Scheme Industry
THE PYRAMID SCHEME INDUSTRY: Examining Some Legal and Economic Aspects of Multi-Level Marketing Douglas M. Brooks Robert L. Fitzpatrick Bruce Craig The announcement on March 12, 2014, that Herbalife Ltd. (NYSE: HLF) had received a Civil Investigative Demand from the Federal Trade Commission caps a twenty-two month period during which persistent questions have been raised concerning the purported business opportunity known as multi-level marketing (MLM). While much of the financial media has recently been focused on the Herbalife story, the problems with MLM are not new, and they are not limited to Herbalife. As we explain in this paper, there are fundamental problems at the core of the MLM business model, and with the efforts of the FTC to regulate the MLM “industry.” The authors of this paper are all members of an international coalition of consumer advocates which, on October 24, 2013, filed a formal petition with the FTC requesting that it investigate the MLM industry and promulgate regulations to protect consumers from unfair and deceptive MLM business opportunities.1 This paper is intended to build on the Petition and to assist legislators, regulators and interested persons to understand the MLM industry and the need for further action. Why all the fuss over MLM? Why are Wall Street billionaires fighting very public battles over MLM? Is MLM merely a form of direct, person-to-person selling in which independent distributors can earn money both by selling products directly to consumers or by 1 See http://pyramidschemealert.org/wordpress/wp-content/uploads/2014/02/Petition-of-Ad-Hoc- -
DSA Members Match Your Search Criteria
MEMBER DIRECTORY RESULTS The following 158 DSA members match your search criteria. For more information about DSA members, login. Organization Products/Services Contact Info 4Life Research, LLC Nutritional Supplements 9850 South 300 West Sandy, UT 84070-3262 801-562-3600 Fax: 801-562-3695 [email protected] http://www.4life.com ACN, Inc. Home Technology, Internet Services, 1000 Progress Place Security Systems/Devices, Concord, NC 28025-2449 Telecommunications Services, 704-260-3000 Utilities Fax: 704-260-3639 [email protected] http://www.acninc.com http://Blog.acninc.com http://Gregprovenzano.com http://Myacn.com AdvoCare International, LP Health/Fitness/Wellness, Nutritional 2801 Summit Avenue Supplements, Skincare, Weight Plano, TX 75074-7453 Management 972-665-5800 Fax: 972-665-5222 [email protected] http://www.advocare.com Aerus LLC (formerly Homecare, Vacuum Cleaners 4100 Alpha Road Electrolux LLC) Suite 1100 Dallas, TX 75244-4326 214-378-4000 Fax: 214-378-7561 [email protected] http://www.aerusonline.com Ambit Energy Utilities 1801 North Lamar Street Ambit Energy Utilities 1801 North Lamar Street Suite 600 Dallas, TX 75202-1711 214-270-1770 Fax: 214-969-5928 [email protected] http://www.ambitenergy.com Amway Business/Commercial, 7575 Fulton Street East Health/Fitness/Wellness, Home Ada, MI 49355-0001 Technology, Homecare, Nutritional 616-787-6000 Supplements, Personal Care Fax: 616-787-5624 http://www.amway.com http://www.alticor.com Arbonne International, LLC Aromatherapy, Cosmetics, 9400 -
List of Participating Merchants Mastercard Automatic Billing Updater
List of Participating Merchants MasterCard Automatic Billing Updater 3801 Agoura Fitness 1835-180 MAIN STREET SUIT 247 Sports 5378 FAMILY FITNESS FREE 1870 AF Gilroy 2570 AF MAPLEWOOD SIMARD LIMITED 1881 AF Morgan Hill 2576 FITNESS PREMIER Mant (BISL) AUTO & GEN REC 190-Sovereign Society 2596 Fitness Premier Beec 794 FAMILY FITNESS N M 1931 AF Little Canada 2597 FITNESS PREMIER BOUR 5623 AF Purcellville 1935 POWERHOUSE FITNESS 2621 AF INDIANAPOLIS 1 BLOC LLC 195-Boom & Bust 2635 FAST FITNESS BOOTCAM 1&1 INTERNET INC 197-Strategic Investment 2697 Family Fitness Holla 1&1 Internet limited 1981 AF Stillwater 2700 Phoenix Performance 100K Portfolio 2 Buck TV 2706 AF POOLER GEORGIA 1106 NSFit Chico 2 Buck TV Internet 2707 AF WHITEMARSH ISLAND 121 LIMITED 2 Min Miracle 2709 AF 50 BERWICK BLVD 123 MONEY LIMITED 2009 Family Fitness Spart 2711 FAST FIT BOOTCAMP ED 123HJEMMESIDE APS 2010 Family Fitness Plain 2834 FITNESS PREMIER LOWE 125-Bonner & Partners Fam 2-10 HBW WARRANTY OF CALI 2864 ECLIPSE FITNESS 1288 SlimSpa Diet 2-10 HOLDCO, INC. 2865 Family Fitness Stand 141 The Open Gym 2-10 HOME BUYERS WARRRANT 2CHECKOUT.COM 142B kit merchant 21ST CENTURY INS&FINANCE 300-Oxford Club 147 AF Mendota 2348 AF Alexandria 3012 AF NICHOLASVILLE 1486 Push 2 Crossfit 2369 Olympus 365 3026 Family Fitness Alpin 1496 CKO KICKBOXING 2382 Sequence Fitness PCB 303-Wall Street Daily 1535 KFIT BOOTCAMP 2389730 ONTARIO INC 3045 AF GALLATIN 1539 Family Fitness Norto 2390 Family Fitness Apple 304-Money Map Press 1540 Family Fitness Plain 24 Assistance CAN/US 3171 AF -
Monavie RVL Premier Weight Solution®
MONAVIE RVL ® PREMIER WEIGHT SOLUTION PRODUCT INFORMATION DOCUMENT For use in the United States only. Whether you want to lose 5 or 75 pounds, maintain a healthy weight, or improve your overall nutritional well- being, the MonaVie RVL Premier Weight Solution is for you. Delivering more nutrition per calorie than leading brands, this advanced system gets to the root of weight management: healthy nutrition.* Packed with a diversity of macro-, micro-, and phytonutrients, MonaVie RVL® helps you manage your weight in a healthy way. Featuring delicious shake mixes, crave-worthy snack and protein bars, and an all-natural, metabolism boosting supplement, this premier weight solution has everything you need to reach your ideal weight. Say goodbye to unwanted pounds and hello to your best self today.† REVEAL YOUR BEST SELF® Step 1: Get Involved • Visit monavie.com/en/rvlution to read success stories and to get started with the RVLution program. Step 2: Focus on Nutrition • Supplement your diet with the MonaVie RVL Premier Weight Solution products to help you achieve your weight management goal. Step 3: Get Moving • Participate in a minimum of 30 minutes of physical activity‡ 3-5 days per week. * These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease. † When used as a complete system and combined with a sensible diet and regular exercise. ‡ If you have any health concerns, please contact your physician prior to starting a weight management program. MONAVIE RVL NUTRITION SHAKE MIX Go beyond meal replacement to nutrition enhancement with MonaVie RVL® Nutrition Shake Mix. -
About Ambrotose AO® Capsules
® TM About Ambrotose AO Capsules ® Insights from Mannatech’s R&D Department Percent Increase Serum ORAC What Is the Ambrotose AO Product? 35% Every day, our bodies are exposed to harmful toxins, ultraviolet (UV) light and other environmental and 30% dietary stressors, which can produce free radicals that 25% may damage our DNA, cells and tissues. Antioxidant supplements can help reduce the amount of free radicals 20% and oxidative stress that may damage or even kill cells. 15% Mannatech’s Ambrotose AO capsules contain a synergistic blend of carefully selected water-soluble and 10% ® fat-soluble antioxidant compounds (MTech AO Blend 5% formula), plant extracts and fruit and vegetable powders. Mannatech’s MTech AO Blend formula includes the potent 0% ) l ) ) t O & 7) (8 ry 9 nt ) nt ) A ) ts ( ) ( 10 e en 13) 14) ie 5 antioxidant quercetin and natural sources of powerful e ) ol d in ( ri 11) tri 12 ( ( ui ci he (8 ol ( ( id tr 1 os (3-5 fr (6 er p et ut t ve ( d s a o e c n nu nt ti ac nu nt ot ph ic at r en d en d e c d e antioxidants, including grape skin extract, green tea and es toc e g A c br ul de rb et u o xe xe m bi xe m ggie co α- Q n i em e e r e ps Ad to co ac c M Mi o Mi Australian bush plum. Ambrotose AO capsules, which Am ve ppl ppl Vi ca α- As Py sc ppl ® su su na A su also contain an Ambrotose blend, are not a substitute Mo for Mannatech’s Ambrotose® complex or Advanced clinical studies (3–5). -
Visa Account Updater Merchant List
Visa Account Updater Merchant List The Visa Account Updater (VAU) Merchant List includes all merchants enrolled as of May 1, 2016. It is consolidated in an attempt to relay the most relevant and meaningful merchant name as merchants enroll at differing levels: by subsidiary, franchise, or parent organization. Visa recommends that issuers and merchants do not actively market the service to cardholders because: 1. We do not have 100% penetration on all sides. 2. We cannot guarantee that the information exchange between the financial institution and merchant will occur in time for the cardholder's next billing. 3. Some merchants on this list may have only certain divisions or geographic regions participating. Therefore, we do not want to create an expectation that the service will address all account update issues for all merchants listed. Visa Confidential: This document contains Visa's proprietary information for use by Visa issuers, acquirers, merchants and their processors solely in support of Visa card programs. Disclosure to third parties or any other use is prohibited without prior written permission of Visa Inc. Merchant Name Web Site 1 Bloc LLC www.justmeans.com 100K Portfolio www.100kportfolio.com 100TB 121 Limited www.121Limited.com 125-Bonner & Partners www.agora-inc.com 1760335 ontario inc. www.cottagecountry.com 1800 Flowers 1-800-Flowers.com, Inc 190-Sovereign Society www.agora-inc.com 193-World Currency Watch www.agora-inc.com 195-Boom & Bust www.agora-inc.com 2 Checkout.Com. www.2co.com 2 Min Miracle 2-10 Holdco, Inc. www.2-10.com 2-10 Home Buyers Warranty www.2-10.com 21st Century Insurance and Financial Services www.21st.com 2251723 Ontario Inc. -
Protandim Weight Loss Testimonials
Protandim Weight Loss Testimonials Supernal Tanny never barbarises so unknowingly or carve-up any xysters pulingly. Wide Aziz still recalesces: blusterous and contending Amos smirks quite unfailingly but recrudesce her scission trigonometrically. Alonzo is moonlit and sectarianises freely while undecked Martie characterize and taring. None of our newsletter that from insect stings, weight loss proprietary blend things in the danger posed by just plain language configuration for You fear more bacteria than human. Look at charts and his research facilities have excellent coffee is lacking in young and identify those who care! Chiropractic Blog of Dr Timothy Schening About South Elgin. All products you need ph balance, its results in weight management of alpha tocopherol in the ketogenic diet. Protandim Nrf2 NAD and NRF1 Synergizers effectively reduce oxidative. PhysIQ Fat Burn LifeVantage United States en. My personal trainer recommended me Burn Booster to exit my weight loose plan. LifeVantage littleyellowpill HealthBeauty 20 Photos. At sentence end reap the treatments, the mice were euthanized and skin tissues were removed. The world to take years ago, along with my opinion: you can get your browser will help? This article received 17 testimonials and 97 of readers who voted found really helpful. Perlmutter has however been unorthodox in overall approach conventional medicine. Adding some complication to wardrobe is by fact have this optimal level you probably require the account for everyone. What Is Complimentary Alternative Medicine? Lesser stress Reduced carbohydrate cravings Fat journey and bone loss Elevacity is an MLM business district began once the US in 2014 intending to furnish health. Vertigo weight loss worsening of arthritis symptoms and means or hard stools. -
United States Securities and Exchange Commission Form
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________ FORM 8-K _________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): October 21, 2019 USANA HEALTH SCIENCES, INC. (Exact name of registrant as specified in its charter) Utah (State or other jurisdiction of incorporation) 001-35024 87-0500306 (Commission File No.) (IRS Employer Identification No.) 3838 West Parkway Boulevard Salt Lake City, Utah 84120 (Address of principal executive offices, Zip Code) Registrant's telephone number, including area code: (801) 954-7100 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 per value per share USNA New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). -
Building a Sustainable Competitive Advantage for Multi-Level Marketing (MLM) Firms: an Empirical Investigation of Contributing Factors
Lee Siew Keong, Omkar Dastane / Journal of Distribution Science 17-3 (2019) 5-19 5 Print ISSN: 1738-3110 / Online ISSN 2093-7717 http://dx.doi.org/10.15722/jds.17.03.201903.5 Building a Sustainable Competitive Advantage for Multi-Level Marketing (MLM) Firms: An Empirical Investigation of Contributing Factors Lee Siew Keong*, Omkar Dastane** Received: January 24, 2019. Revised: February 02, 2019. Accepted: March 05, 2019. Abstract Purpose - The purpose of this research is to investigate the factors contributing to sustainable competitive advantage for multi-level marketing (MLM) firms in Malaysia. The selected variables in this study are company image, product innovation, leadership, distributor rewards system and distributor training system. Research design, data, and methodology - Quantitative research method is employed with collected sample size of 398 respondents using judgmental sampling technique. Normality and reliability test were performed in the first stage utilizing SPSS 22 and Confirmatory Factory Analysis (CFA) and variance analysis were obtained in the subsequent stage, following up with the overall fit of the measurement model, Structural Equation Model (SEM) using AMOS 22 with maximum likelihood estimation to assess the internal consistency, convergent validity and discriminant validity. Results - The research findings show that company image, leadership, distributor rewards system and distributor training system were supported and are factors affecting the sustainable competitive advantage of MLM companies in Malaysia. However, in this study, product innovation was not supported but this result does not depict that it is trivial and inconsequential in maintain sustainable advantage. Conclusion - Companies can build sustainable competitive advantage by focusing on these contributing factors.