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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. -
Market Cap Close ADV 1598 67Th Pctl 745,214,477.91 $ 23.96
Market Cap Close ADV 1598 67th Pctl $ 745,214,477.91 $ 23.96 225,966.94 801 33rd Pctl $ 199,581,478.89 $ 10.09 53,054.83 2399 Ticker_ Listing_ Effective_ Revised Symbol Security_Name Exchange Date Mkt Cap Close ADV Stratum Stratum AAC AAC Holdings, Inc. N 20160906 M M M M-M-M M-M-M AAMC Altisource Asset Management Corp A 20160906 L M L L-M-L L-M-L AAN Aarons Inc N 20160906 H H H H-H-H H-H-H AAV Advantage Oil & Gas Ltd N 20160906 H L M H-L-M H-M-M AB Alliance Bernstein Holding L P N 20160906 H M M H-M-M H-M-M ABG Asbury Automotive Group Inc N 20160906 H H H H-H-H H-H-H ABM ABM Industries Inc. N 20160906 H H H H-H-H H-H-H AC Associated Capital Group, Inc. N 20160906 H H L H-H-L H-H-L ACCO ACCO Brand Corp. N 20160906 H L H H-L-H H-L-H ACU Acme United A 20160906 L M L L-M-L L-M-L ACY AeroCentury Corp A 20160906 L L L L-L-L L-L-L ADK Adcare Health System A 20160906 L L L L-L-L L-L-L ADPT Adeptus Health Inc. N 20160906 M H H M-H-H M-H-H AE Adams Res Energy Inc A 20160906 L H L L-H-L L-H-L AEL American Equity Inv Life Hldg Co N 20160906 H M H H-M-H H-M-H AF Astoria Financial Corporation N 20160906 H M H H-M-H H-M-H AGM Fed Agricul Mtg Clc Non Voting N 20160906 M H M M-H-M M-H-M AGM A Fed Agricultural Mtg Cla Voting N 20160906 L H L L-H-L L-H-L AGRO Adecoagro S A N 20160906 H L H H-L-H H-L-H AGX Argan Inc N 20160906 M H M M-H-M M-H-M AHC A H Belo Corp N 20160906 L L L L-L-L L-L-L AHL ASPEN Insurance Holding Limited N 20160906 H H H H-H-H H-H-H AHS AMN Healthcare Services Inc. -
Health & Wellness Report Q3 2017
1400 16% 14% 1200 14% 1,097 12% 1000 10% 800 7% 8% ($mm) 600 6% 487 6% 415 400 3% 4% 200 2% 34 0 0% Cognitive Cardiovascular Eye Health Digestive Health Health Health Size Expected CAGR 8 6 7 Financial 6 18% 4 4 2 3 - 1 1 - Strategic 82% Amount TEV/ TEV/ Date Target Buyer(s) Segment ($ in Mil) Rev EBITDA 9/29/2017 Koios LLC Super Nova Petroleum Corp. Vitamins, Minerals, & $3.00 - - Supplements 9/27/2017 Bird & Cronin, Inc. Dynatronics Corp. Personal Care $15.50 - - 9/21/2017 iGalen International, Inc. Holista CollTech Ltd. Vitamins, Minerals, & $0.00 - - Supplements 9/5/2017 Therapeutic Research Center LLC Levine Leichtman Capital Partners, Lifestyle Companies $172.00 - - Inc.; Therapeutic Research Center LLC 8/20/2017 Back To Nature Foods Co. LLC B&G Foods North America, Inc. Natural & Organic Foods $162.50 - - 8/14/2017 Williamson-Dickie Mfg. Co. VF Corp. Lifestyle Companies $820.00 0.94x - 8/1/2017 Novel Ingredient Services LLC Innophos Holdings, Inc. Natural & Organic Foods $125.00 - - 7/26/2017 ZEN HERO, Inc. Michael James Enterprises, Inc. Natural & Organic Foods $0.85 - - 7/14/2017 Lucille Roberts Health Clubs, Inc. Town Sports International Holdings, Lifestyle Companies $0.95 - - Inc. Strategic Buyer Inv. Date Select Corporate Acquisitions Brunswick Corporation 7/20/2017 ▪ Lankhorst Taselaar BV 11/18/2016 ▪ Payne's Marine Supply, Inc. 8/31/2016 ▪ Indoor Cycling Group 7/5/2016 ▪ Thunder Jet Boats Inc. 1/20/2016 ▪ Cybex International Inc. Hi-Tech Pharmaceuticals 6/19/2017 ▪ Top Secret Nutrition LLC 10/5/2016 ▪ Tribravus Enterprises 10/5/2016 ▪ Prime Nutrition 4/28/2016 ▪ Gaspari Nutrition Inc. -
Companies-Titles of Registrants
Direct Selling Companies Registered for the 2009 Communications & Internet Marketing Seminar As of 10/19/2009 4Life Research, LC LifeWave, LLC 5LINX Enterprises, Inc. Livinity, Inc. ACN, Inc. Mannatech, Inc. Aerus LLC (formerly Electrolux LLC) Nature's Sunshine Products, Inc. Aloette Cosmetics Nu Skin Enterprises Amazon Herb Company Oxyfresh.com Amway The Pampered Chef Arbonne International PartyLite Gifts, Inc. Avon Products, Inc. Premier Designs, Inc. Celebrating Home Princess House, Inc. Conklin Company, Inc. Regal Ware, Inc. Cookie Lee, Inc. Reliv International, Inc. Creative Memories Rena Ware International, Inc. CUTCO/Vector Marketing Corporation Saladmaster, Inc. (Regal Ware, Inc.) Demarle At Home, Inc. Scentsy, Inc. Discovery Toys, Inc. Sensaria Natural Bodycare, Inc. Dove Chocolate Discoveries Shaklee Corporation Earth's Elements Signature HomeStyles Entertaining at Home Silpada Designs Essential Bodywear Simplexity Health For Every Home The Southwestern Company Fortune Hi Tech Marketing Sozo Global, LLC FreeLife International Stampin' Up! FreedomRocks Sunrider International Gold Canyon SwissJust Herbalife International of America, Inc. Symmetry Corporation HomeTec Syntec, Inc. Isagenix International Take Shape for Life, Inc.-Medifast Jafra Cosmetics International, Inc. Team National Kangevity Global Thrivent Financial at Home The Kirby Company Touchstone Crystal, Inc. L'Bel Paris USANA Health Sciences, Inc. L'Bri Pure N' Natural Vantel Pearls in the Oyster Lia Sophia XanGo LLC Who’s Attending? Following is a sampling of the titles of direct selling executives registered for the meeting. Brand Manager Policy Compliance Supervisor CEO PR Strategist Chief Marketing Officer President Communications Coordinator Representative Services Communications Spanish Specialist Sales Support Specialist Copywriter Senior Corporate Communications Manager Creative Director Senior Manager of Design Direction Director of Public Relations/Social Media Senior Sales Support Specialist Director of Sales & Marketing Senior Writer Director, Information Systems Sr. -
Dietary Supplements Containing Ephedrine Alkaloids
SUMMARY OF DATA FOR CHEMICAL SELECTION Dietary Supplements Containing Ephedrine Alkaloids BASIS OF NOMINATION Dietary supplements containing ephedrine alkaloids from herbal sources (ephedra) are brought to the attention of the CSWG as part of an ongoing National Institutes of Health (NIH) Office of Dietary Supplements (ODS) research initiative on the safety and efficacy of these products. This initiative was recommended by the Senate Committee on Appropriations in fiscal year (FY) 2001. In its Report making FY 2002 appropriations for the Department of Health and Human Services, the Committee expressed pleasure that the ODS followed through on its FY 2001 recommendation and urged the ODS to continue and expand this important effort. The nomination of ephedra containing supplements to the National Toxicology Program (NTP) is part of the expanded effort by the ODS. As the Senate Committee noted, the number of Americans taking dietary supplements containing ephedra has risen dramatically. Dietary supplements containing herbal ephedra (chiefly Ephedra sinica Stapf.) are widely used as diet aids and athletic performance enhancers, with over 3 billion servings1 sold each year for weight loss alone. The active ingredients in these supplements are primarily ephedrine and pseudoephedrine with small amounts of other ephedrine alkaloids usually present. Ephedra-based diet aids often contain other stimulants, such as caffeine (guarana), as well as salicin, diuretics, and cathartics. Ephedra-containing performance enhancers often contain caffeine and other ingredients, such as chromium picolinate or l-carnitine, and may be consumed with other performance enhancers, such as androstenedione and creatine monohydrate. The ephedrine alkaloids are sympathomimetic amines, a class of compounds with fairly well characterized short to medium term biological activities. -
Tuesday and Wednesday, March 13-14, 2018
Become wiser by attending the 19th Direct Selling Edge Conference held for owners and employees of new and established direct selling companies. Presented by Sylvina Consulting and Thompson Burton since 2011 Tuesday and Wednesday, March 13-14, 2018 Hyatt Regency Orange County 11999 Harbor Boulevard Garden Grove, CA 92840 Individual tickets – Only $200 Each 3 or More Tickets – Only $150 Each Tickets: https://www.directsellingedge.com/ Individual tickets are $200. Three or more tickets are $150 each. Lodging: https://directsellingedge.com/lodging-dse-19 Our special group rate for lodging of $169 per night is valid for rooms booked by February 26, 2018. Direct Selling Edge https://www.directsellingedge.com/ 503.244.8787 Page 1 What Do People Say About Direct Selling Edge? I went to another company's conference last spring. I learned more in the first two hours of this conference than I learned in two days with the other one. The content shared was detailed and specific. I now know how to proceed with our company. I came to this conference two years later than I should have. Had I come two years earlier, I’d have saved over $100,000 and two years. What a great group of speakers! Jay Leisner is a great teacher and has a strong, experienced perspective on Direct Sales. I learned a lot from Kevin Grimes and Jeff Jordan that I needed to learn. Scott Burnett and Troy Dooly were very inspiring and personable. Donna Marie Serritella was a perfect afternoon speaker to keep us engaged and interested. I also enjoyed the experience to be able to ask everyone questions afterwards. -
View Annual Report
ANNUAL 2014REPORT DEAR FELLOW SHAREHOLDERS, Our results in 2014 reflect our ongoing transition to being a more consumer-focused organization. This trans- formation is creating a stronger, more consumer friendly Herbalife – and one that is evolving and getting better every day. Critical to our transformation has been the focus of Herbalife and our members on daily consumption, as well as our emphasis on bringing new sales leaders into the company in a more sustainable way than in the past. In 2014 over two thirds of our markets enjoyed growth in volume points, resulting in record volume points of 5.4 billion, an increase of 2% over 2013. Our average active sales leaders were up 9% for the full year. We achieved record net sales for the year of $5 billion and full year adjusted EPS for 2014 was up 10.4 percent over 2013, to $5.93. Cash flow from operations was over $500 million, and we invested $156.7 million in capital expenditures, including our new facility in Winston-Salem. At Herbalife, creating shareholder value is a key objective for our management team and our board of directors, and 2014 saw us pay dividends of $30.4 million and repurchase approximately $1.3 billion in common shares outstanding under our share repurchase program. We achieved a record – and what we believe is an industry leading – retention rate of 54.2%, with 57 markets achieving sales leader retention of 60 percent or greater. We grew our Member base by 8% to 4 million, and we also had more customers in 2014 than at any time in our 35-year history. -
HERBALIFE LTD. Form 10-K Annual Report Filed 2012-02-21
SECURITIES AND EXCHANGE COMMISSION FORM 10-K Annual report pursuant to section 13 and 15(d) Filing Date: 2012-02-21 | Period of Report: 2011-12-31 SEC Accession No. 0001193125-12-070421 (HTML Version on secdatabase.com) FILER HERBALIFE LTD. Mailing Address Business Address P.O. BOX 309GT P.O. BOX 309GT CIK:1180262| IRS No.: 000000000 | State of Incorp.:E9 | Fiscal Year End: 1231 UGLAND HOUSE, SOUTH UGLAND HOUSE, SOUTH Type: 10-K | Act: 34 | File No.: 001-32381 | Film No.: 12627161 CHURCH STREET CHURCH STREET SIC: 5122 Drugs, proprietaries & druggists' sundries GEORGE TOWN E9 00000 GEORGE TOWN E9 00000 310 410 9600 Copyright © 2014 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K FOR ANNUAL AND TRANSITION REPORTS PURSUANT TO SECTIONS 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OFTHE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2011 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OFTHE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-32381 HERBALIFE LTD. (Exact Name of Registrant as Specified in Its Charter) Cayman Islands 98-0377871 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification No.) P.O. Box 309GT (Zip Code) Ugland House, South Church Street Grand Cayman, Cayman Islands (Address of Principal Executive Offices) (213) 745-0500 (Registrants telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Name of Each Exchange on Which Title of Each Class Registered Common Shares, par value $0.001 per share New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. -
Register Now to Attend the 20Th Direct Selling Edge Conference Held for Owners and Employees of New and Established Direct Selling Companies
Register now to attend the 20th Direct Selling Edge Conference held for owners and employees of new and established direct selling companies. Presented by Sylvina Consulting and Thompson Burton since 2011 Thursday and Friday, July 12-13, 2018 Build and grow your network marketing, Hyatt Place Salt Lake City Airport party plan, or social selling company 52 N. Tommy Thompson Road smarter and faster. Salt Lake City, UT 84116 Tickets: http://www.directsellingedge.com or http://www.dsedge.com Early bird tickets are only $150 each for two full days of direct selling education for companies with lunch included, when purchased by June 12, 2018. After June 12, regular tickets are $250 each. Lodging: https://directsellingedge.com/lodging-dse-20 Our special group rate is only $119 per night when booked on or before June 30, 2018. Includes breakfast. Direct Selling Edge https://www.directsellingedge.com/ 503.244.8787 What Do People Say About Direct Selling Edge? I went to another company's conference last spring. I learned more in the first two hours of this conference than I learned in two days with the other one. The content shared was detailed and specific. I now know how to proceed with our company. I came to this conference two years later than I should have. Had I come two years earlier, I’d have saved over $100,000 and two years. I was amazed at the information. I thought it was going to be a broad stroke event to get you with different vendors. I was very surprised to see all of the targeted topics, how in depth they went into discussing very important issues, for anyone who’s considering getting into the MLM business as a startup company. -
(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. -
Products Passion Possibilities 2009 Annual
PRODUCTS PASSION POSSIBILITIES Real 2009 ANNUAL REPORT A New Direction 2009 was a year of signifi cant change for Mannatech. We encountered a number of challenges during the year, but by the end of 2009 a new direction for the company was set. In early January, a new All-Star Pack was launched in our domestic market with a reduced price of $499, providing a much more aff ordable business-building entry point for new Associates. Additionally, Mannatech implemented business procedures making us stronger relative to our competition. Early in the year, we reached settlements that resolved two litigation issues. Most importantly, the quality and effi cacy of Mannatech’s products were never in question. The validity of our patents was upheld as in three litigation cases that we won as plaintiff against companies infringing our patents. Also, we launched our outstanding new Essential Source™ Omega-3 product, as well as a family product called PhytoBurst™ Nutritional Chews, based on our proven PhytoMatrix® technology. Evidencing our continued mission to expand our international presence,nce, we opened four new countries in Europe and intend to add additionalal countries before the end of 2011. At year-end our Board of Directors named us as Co-CEOs. Together we have moremore than 16 years’ experience with Mannatech, producing the best dietary supplementst available. We believe that today Mannatech is better positioned to be a leader in the direct selling and wellness industries than it has been in some time. Most people have begun to recognize that wellness is a consumer-driven trend that will defi nitely have a benefi cial impact on human health. -
A Study on Direct Selling Through Multi Level Marketing
International Journal of Advancements in Research & Technology, Volume 1, Issue 4, September-2012 1 ISSN 2278-7763 A Study On Direct Selling Through Multi Level Marketing F. MARY MERLIN Department of Management Studies, Manonmaniam Sundaranar University, Tirunelveli, India. Email: [email protected] ABSTRACT Direct selling is a multi-level marketing in which the sales force is compensated not only for the sales they make but also for the sales done through their recruit. This recruited sales force is referred to as the participants who can provide multiple levels of compensation. A person's job would be to recruit others to sell their product, and in return, receive a percentage of their sales. The next person's job then is to recruit people even more so below them, and receive a percentage of their sales. Other terms for Multi-level marketing include network marketing and referral marketing. Commonly, the salespeople are expected to sell products directly to consumers by means of relationship through referrals marketing. Some people use direct selling as a synonym for MLM, although MLM is only one type of direct selling Keywords : Multi-Level Marketing, Direct Selling, Traditional Marketing. 1 INTRODUCTION evolution of direct selling. According to Biggart, direct selling has grown to become a major form of commercial activity in Direct selling is marketing and transaction of consumer goods the US, despite encountering opposition from other sectors of directly to the consumer; it does not depend on direct mail, the business community during various stages in its product advertising or fixed retail outlets. Self-governing sales development.