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Amway El Salvador Partners with Local NGO to Fight Malnutrition

USANA Claims Spot on Fast 50 List Yet Again

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SALT LAKE CITY, Aug. 18, 2016 /PRNewswire/ — Global nutritional company USANA Health Sciences was honored at a luncheon today for its inclusion in Utah Business Magazine’s Fast 50 list. This is the ninth time the company has been recognized as one of the fastest growing in the state of Utah.

USANA made the list based on its most recent five years of compound revenue growth. The strength behind filling this coveted spot came from USANA’s performance in the 2015 fiscal year. The company saw record net sales in 2015 totaling $918.5 million— a 16.2 percent increase from 2014. 2015 became the 13th consecutive year of record sales and the company continues to see record growth in 2016 .

“Our inclusion on the Fast 50 list for the ninth time is a testament to our amazing employees, an excellent independent sales force, and outstanding, healthy products,” said Paul Jones, USANA’s chief financial officer and chief leadership development officer. “There are so many amazing companies in Utah that being named as one of the 50 fastest growing is a tremendous honor.”

The Fast 50 highlights the companies in Utah that generate record revenues or expand at rapid speeds. The list is determined by Utah Business Magazine — Utah’s premier business news and information provider.

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Business Franchise Opportunity Sales Tips: 7 Part Series

Talk Fusion Video Chat Wins 2016 Communications Solutions Product of The Year Award

BRANDON, Fla., Aug. 18, 2016 /PRNewswire/ — On August 15th Talk Fusion ‘s revolutionary Video Chat product received the 2016 Communications Solutions Products of the Year Award from the Technology Marketing Corporation — its second award this year from the integrated media giant.

The Communications Solutions Products of the Year Award honors exceptional products and services that facilitate voice, data and video communications that were brought to market or greatly improved upon in the last twelve months.

“It gives me great pleasure to honor the recipients of the 2016 Communications Solutions Products of the Year Award,” said Rich Tehrani, CEO of TMC in a press release . “True leaders within their industries, these honorees represent the best-of-the-best products and solutions available on the market today.”

Using the power of WebRTC technology, Talk Fusion Video Chat allows users to communicate face-to-face with anyone, anywhere, on any device—smartphone, desktop or tablet. The Video Chat app is available in the iTunes and Google Play Stores. This second accolade demonstrates the continued momentum behind this revolutionary cross-communication platform since the full version went live in March of 2016.

“This is just the beginning,” said Founder & CEO Bob Reina. “Our talented IT team has big plans for the future of our All-in-One Video Marketing Solution. They’re dedicated to staying ahead of the curve, and that’s what Talk Fusion is all about.”

Chief Technical Officer Ryan Page views this achievement as confirmation of an even bigger goal. “This is just a testament to how efficient and innovative Talk Fusion’s team is,” said Ryan, “and how important our processes are in creating a magnificent application. It’s something that is completely priceless.”

In addition to the double recognition from TMC, Talk Fusion introduced Free Trials, its WebRTC Recorder, and launched a whole new site, TalkFusionInstantPay.com — all in less than a year.  With more excitement in the pipeline geared towards helping Talk Fusion users and associates reach and impress more customers, it looks like 2016 is shaping up to be Talk Fusion’s best year ever.

To learn more about the ways Talk Fusion is leading the industry with its Video Marketing Solution, visit TalkFusion.com and follow them on Facebook and Twitter .

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Isagenix Makes Inc. 5000 List for 10 Straight Years

GILBERT, Ariz., Aug. 18, 2016 /PRNewswire/ — Isagenix International , a global health and wellness company, has been recognized by Inc. as one of the fastest-growing private companies in America for the 10th consecutive year, earning a position on its prestigious Inc. 5000 List, and a rare spot among 73 other companies to ever make the list 10 times.

For more than 35 years, the publication’s Top 5000 list has been acknowledging and recognizing private U.S. companies for their incredible advancements. As an Inc. 5000 honoree, Isagenix joins powerhouse companies like Under Armour, GoPro, and Chobani.

“Starting Isagenix was a dream, which we knew would attract the right people at the right time,” says Jim Coover, Isagenix Co-Founder and Chief Executive Officer. “We have always believed if it’s not right for the customers, it’s not right for the company.”

This year alone, Isagenix has been recognized with more than 30 industry awards for a commitment to excellence in the health and wellness industry.

“Being on the Inc. 5000 list for 10 straight years is a huge feat for Isagenix, and one we could not have accomplished without our loyal customers and employees,” says Travis Garza, Isagenix Chief Sales and Marketing Officer. “Without everyone working together as One Team, we would not be the company we are today.”

To learn more about Isagenix International, visit Isagenix.com .

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Herbalife, A Countdown Until May

Summary

  • Most of the Herbalife FTC settlement does not take effect until May of 2017.
  • Pershing Square is likely to push other regulating bodies to investigate Herbalife.
  • SVP/ Manager of North American Operations just liquidated 14143 shares.

People enjoy facts, so I will try to limit opinion. In this article I will state facts about Herbalife (NYSE:HLF ) and point to why the stock will likely decline. I have read several of the articles here on Herbalife, and I believe there is a lot of misinformation floating around about recent occurrences with the company.

As most of us know, the FTC recently reached an agreement with Herbalife and it was spun many ways, both as a positive and a negative. More recently,Herbalife held an earnings call and beat 2nd quarter earnings and raised full year 2016 guidance . I can hear the bulls screaming “Yes.”

The problem with this is that the FTC settlement was essentially broken into two parts. The first part, laid out in sections II-XII in the FTC settlement , was effective immediately. It mostly deals with banning misleading recruiting claims and installing a compliance officer.

The second part, laid out in section I of the FTC settlement, includes the requirement that 80 percent of end sales must end up in a consumers hands in order for the distributor(s) to be compensated. This part is not effective for 10 months(see page 29 of the FTC settlement linked above.) Being that the settlement is dated 7/15/16, Herbalife has until 5/15/17 to come into compliance.

On Herbalife’s 2nd quarter Earnings Call , they repeatedly tried to claim that the FTC settlement was going to be beneficial to Herbalife’s business practice, and that some of the changes would be implemented before the settlement requires. Among the changes they will make ahead of schedule are the classification of consumers as either distributors or preferred customers and the implementation of an app for distributors to input receipts so that distributors can practice and familiarize themselves with the system when the rules come into effect in May. However, what they are not implementing early is the rule that 80% of product must end up in a customer’s hand for the distributors to be compensated, claiming “the compensation programming is what takes the most time,” even though they did not mention any changes to the compensation tiers.

Thus, the upwards revision to full year 2016 guidance does not allow for inference into how the 80% rule will effect Herbalife’s business, even though they tried to spin it otherwise in their 2nd Quarter conference call.

Next, I will address one of the most prudent of the bull arguments for the future of Herbalife, which is that the FTC settlement only effects North America, which only accounts for 22% of Herbalife’s net sales. While this may be true, it will have a greater effect on Herbalife’s overall earnings, as pointed out on pages 43-44 of Pershing Square Capital’s Presentation.

This bull case assumes that no further action will be taken against Herbalife in other countries. This is very naive. Pershing Square Capital is the only reason why the FTC investigated Herbalife in the first place. Pershing Square Capital claims :

The FTC complaint and settlement provide a roadmap for regulators in 90 other countries around the world to enforce similar requirements. We intend to work with these regulators to ensure that no future victims are harmed whether in the U.S. or otherwise.

If another country opens an investigation into Herbalife, it would be a huge negative catalyst for the stock.

To be a good detective, you always have to follow the money. Only one insider transaction has taken place since the “record setting quarter” earnings call. The SVP/ Managing director of North America, a very relevant executive to this story, exercised all the options she owned on 10,000 shares and then liquidated not just those 10,000 shares but the additional 4,143 shares she owned, bringing her total vested interest to zero. Interestingly, she did this over 3 transactions in 5 days. When you’re selling stock to buy a house, you know how much money you need and sell accordingly. This executive was liquidating her entire position.

Herbalife can try to spin this as a positive as much as they want. Eventually the numbers will speak. I wouldn’t want to be long Herbalife come May 2017.

Article source: SeekingAlpha.com

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