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KulaBrands Review: Crowdfunding manipulation?

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The webinar page of the KulaBrands website contains images of two individuals, Peter Gantner and Doug Kyle. The website does not disclose their roles within the company. On his LinkedIn profileFurther research reveals Gantner citing himself as the CEO of KulaShare Inc. KulaShare Inc is assumed to be the parent company of KulaBrands. Previous MLM opportunities [Continue reading…]

Source: KulaBrands Review: Crowdfunding manipulation?

ForeverGreen – FgXpress Q1 Sales Down 32% To $12 Million

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Sales drops down from $17.8 Million in Q1 – 2015 to approx. $12 Million in Q1 – 2016.

Advanced efforts have begun and cut over $500K on a monthly basis.

ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, announced the company has continued to make profitability a priority in 2016 with several advances in its business operations, some of which include cost cutting, trimming markets, staff reorganization among other changes to make operations more efficient.

“During the first quarter of 2016, our sales reached approximately $12 million,” said Jack Eldridge, CFO.

Our recent cost cutting measures have cut over $500,000 a month in overheard.

With these efforts, including staff and region reorganization, and anticipating the launch of several new products in the next few weeks, we anticipate second quarter revenues to be stable and then accelerating and moving forward into the third quarter and thereafter.

We remain on track for meeting or exceeding our guidance for the year. Our previously stated guidance for 2016 is $55-$60 MM with 2-4% net profit margins,” he continued.

CEO Ron Williams commented,

“ForeverGreen is on the move! There are many new, exciting projects currently in the works. Region restructuring has recently happened primarily in our Asian and Latin American Markets resulting in significant cost savings and business efficiencies.

Some personnel have switched roles or have taken on new responsibilities to be in their most effective positions.

We can’t wait for the new, exciting changes everyone is bringing to their new roles.”

The revenue estimate is preliminary and has not been reviewed by the Company’s independent accountants. Significant updates and revisions may be required before the release of the Company’s first quarter financial results in May.

In addition, the Company’s quarterly financial results will include other factors necessary to calculate additional financial metrics, including gross profit and net income.

For more information on ForeverGreen’s products, visit http://www.forevergreen.org .

About ForeverGreen

ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia, Africa and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips.

They also offer their new North America weight-management line Ketopia, along with Azul and FrequenSea, whole-food beverages with industry exclusive marine phytoplankton, a line of hemp-based whole-food products, immune support and weight management products, Pulse-8 powdered L-arginine formula, 24Karat Chocolate.

 

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Ana Cantera Hits Global Director With Total Life Changes Now Earning Over $100k Monthly

 

Total Life Changes’ newest and youngest Global Director is 28 year-old Ana Cantera from the Dominican Republic. She has impacted thousands of people from all around the world in less than a year with Total Life Changes.

Thanks to the powerful compensation plan that pays five different ways, she’s now able to make well over $100k monthly, apart from her husband, who is also National Director with TLC. 

Ana Cantera summarizes her success with TLC:  Fourteen months ago my husband and I were in a very difficult situation, being broken emotionally and economically after a very bad experience in a previous company. My husband and I agreed that we needed to pursue other sources of income.

We decided to open up a restaurant, but after consecutive months of operating our business in the red, we reconsidered our commitment to the MLM industry.

Although we had some very bad experiences in MLM, I still believed it was the best career and business in the world; it’s definitely my vocation, it’s what I love to do, to impact others and help them reach their dreams.

We looked at many companies just over a year ago, but thank God we knew Stormy Wellington from our prior business. She explained all the success she was having in TLC and how amazing this company was, so we decided to believe one more time and we went all in.

In less than a year, we can say that our lives and the lives of many people that believed in us have changed drastically, we are growing and expanding internationally. My husband Julio and I have attracted some great leaders and they are now part of our team, and we are taking this business to another level. 

Ana Cantera has recently attended US Regional Events in the past three months as well as international ‘Super Sabado’ opportunity meetings.

Her spirit lights up the ballrooms and the content of her presentations are captivating thousands of guests each week. Ana expresses the importance of every distributor using the products first and having their own testimony in order to build a customer base.

“It is so important to use as many of the products as you can afford right as you are launching your business. It’s an investment in yourself and in your business; because your friends, your family and anyone on social media can track your results.

You will become your own marketing tool. You will have your own success story and this will attract customers. From there, we just teach duplication of following up with customers and sorting out which of them may be interested in joining our team and helping others improve their health, and restore their finances, even if it’s as little as $250 a week on a part-time basis, that’s $1,000 a month. For so many people, that is life-changing income,” adds Ana Cantera.

You can contact Ana Cantera at:  www.trabajaconana.com

About Total Life Changes

Total Life Changes ® offers an amazing line of health and beauty products along with a great business opportunity. Founder and CEO Jack Fallon created TLC over 16 years ago with a single product: Iaso® NutraBurst . We have continued to grow the Iaso® brand of products like our popular Iaso® Tea .  Our hybrid binary system allows IBOs of TLC to be compensated quickly for introducing new reps to our products and business opportunity. We are dedicated to providing the greatest opportunity for you to feel healthier and flourish financially. Join us and thousands of others who have already started making Total Life Changes.

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Nu Skin Q1 Revenue Down 13% To $471.8 Million

 

Nu Skin Enterprises , Inc. announced first-quarter results above guidance, with revenue of $471.8 million, compared to $543.3 million in the prior-year period.

Revenue was negatively impacted approximately 5 percent by foreign currency fluctuations.

Earnings per share for the quarter were $0.06, or $0.42 excluding a non-cash charge associated with a recent Japan customs ruling. This compares to earnings per share in the prior-year period of $0.60. The company also announced that it is raising its guidance for the year.

“Our first-quarter performance was in line with our expectations and we are optimistic about the impact of upcoming product launches, which began in April and will continue in the second quarter,” said Truman Hunt, president and chief executive officer.

“We are seeing an enthusiastic response to the introductions of ageLOC Youth and ageLOC Me, and we anticipate that these product launches will drive core business improvement throughout the remainder of 2016.”

The company’s operating margin was 1.7 percent, or 8.4 percent when excluding charges related to the Japan customs ruling, compared to 12.6 percent in the prior year. While the company has appealed the Japan customs ruling, a non-cash charge of $31.4 million, the full amount disputed, was recorded in the quarter.

Gross margin for the quarter was 70.8 percent, or 77.4 percent when excluding the customs expense, compared to 80.7 percent in the prior year. Both gross and operating margins were also negatively impacted by foreign currency fluctuations and lower revenue.

Selling expenses, as a percent of revenue, were 41.5 percent, compared to 43.1 percent in the first quarter of 2015. General and administrative expenses, as a percent of revenue, were 27.6 percent, compared to 25.0 percent in the prior-year period.

Foreign currency fluctuations were the primary reason for a loss of $2.9 million reported in other income/expense. The company’s effective income tax rate for the quarter was 37.3 percent, compared to 35.7 percent in the prior year.

Dividend payments during the quarter were $19.8 million and the company repurchased $20.0 million, or approximately 1 percent of its shares outstanding.

“We are in the early stages of a new product cycle and are looking forward to the continued roll out of ageLOC Me and ageLOC Youth in the second quarter, with additional product events scheduled in the back-half of the year,” said Hunt.

“In the second quarter, we have limited-time offers of ageLOC Me in Greater China and ageLOC Youth in South Asia, and we introduce ageLOC Me on a full-time basis in Japan,” concluded Hunt.  

“We expect constant-currency revenue growth of 6 to 8 percent in the second quarter and are raising our revenue guidance for the year to $2.16 to $2.20 billion, assuming a negative foreign currency impact of 4 to 5 percent,” said Ritch Wood, chief financial officer.

Regional Results

The company’s regional revenue results for the three-month periods ended March 31 are presented in the following table.

   

2016

 

2015

 

%
Change

 

Constant
Currency

% Change

                 

Greater China

 

158,711

 

187,367

 

(15.3%)

 

(11.7%)

North Asia

 

151,209

 

172,066

 

(12.1%)

 

(8.9%)

Americas

 

65,748

 

79,872

 

(17.7%)

 

(11.0%)

South Asia/Pacific

 

63,578

 

70,817

 

(10.2%)

 

(2.6%)

EMEA

 

32,585

 

33,210

 

(1.9%)

 

1.4%

                 

Total

 

$471,831

 

$543,332

 

(13.2%)

 

(8.7%)

 

The company’s regional actives and sales leader statistics are presented in the following table.

 

2016

 

2015

 

% Increase (Decrease)

   

Actives

 

Sales
Leaders

 

Actives

 

Sales
Leaders

 

Actives

 

Sales
Leaders

                         

Greater China

 

219,000

 

21,698

 

235,000

 

22,533

 

(6.8%)

 

(3.7%)

North Asia

 

353,000

 

15,820

 

386,000

 

16,984

 

(8.5%)

 

(6.9%)

Americas

 

164,000

 

6,901

 

177,000

 

7,164

 

(7.3%)

 

(3.7%)

South Asia/Pacific

 

110,000

 

6,772

 

120,000

 

7,060

 

(8.3%)

 

(4.1%)

EMEA

 

112,000

 

3,768

 

110,000

 

3,811

 

1.8%

 

(1.1%)

                         

Total

 

958,000

 

54,959

 

1,028,000

 

57,552

 

(6.8%)

 

(4.5%)

                         
                     
 

 

“Actives” are persons who purchased products directly from the company during the previous three months.

“Sales Leaders” are independent distributors, and sales employees and independent marketers in China, who achieve certain qualification requirements.

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QNET Expands In Niger – Africa

 

QNET , a company of Asian heritage and a part of the US$200 billion global direct selling industry,  has come to Niger, marking the company’s official entrance into the West African nation.

The opening of an Agency office here will enable the people of Niger to touch, feel and benefit from the high quality global products that QNET offers to consumers worldwide as well as the business opportunities it offers.

QNET’s direct selling model encourages individuals without a business experience to employ skills and the winning attitude to heighten their opportunities and improve their lifestyles. QNET aims to offer this entrepreneurial opportunity to as many locals as possible.

“QNET is proud to have an agent in Niger because QNET is committed to having a local customer service support for the people of Niger and help both the people and government in knowing more about direct selling.

“Direct selling is the marketing and selling of products directly to consumers away from a fixed retail location. The size of the global direct selling industry today is close to USD200 billion,” said Mr. Amadou, QNET’s Spokesperson for the West African Region.

Amadou was speaking at a Press Conference organized by QNET at the Niger Chamber of Commerce & Industry office here.

QNET firmly believes that there is nothing more empowering to individuals than the financial freedom that a career in the direct selling industry provides, and believes that the people of Niger, with their ambition and strong sense of entrepreneurship, will appreciate the quality consumer products that QNET offers and the business opportunities for self-development.

QNET Niger

The company, optimising on the usage of the e-commerce platform, has contracted with local company, Nomade Production which is helmed by Mr. Alhussini. By end of April, the Niamey office will be able to provide its services to the Independent Representatives (IRs) of QNET in Niger. It will mainly provide customer support and display of QNET products.

QNET started getting online purchases for its products from Niger since 2014. Today there are thousands of Niger citizens who have also registered to market and promote QNET online products as IRs. The top selling products for QNET in Niger are Wellness products, Household items such as home water purifier, online education learning (such as business courses, marketing courses and business English courses) as well as luxury products like watches and jewelry.

“As a new entrant to the West African region, QNET sees the necessity of having its own customer service agent office, hence Niger is the latest while there is already QNET Agent office established in Mali, Côte d’Ivoire and Burkina Faso in order to have an easily accessible local office to help with customer questions, assist with delivery of products and display of product range so as to enable people to view for themselves some of the products sold online.

“Our best selling Products like HomePure, a water filtration system as well as AirPure, our air purifier, addresses a very real need for clean water and clean air in many developing countries. In developed markets QVI Holidays, a vacation membership and holiday getaway product, tends to be quite popular with those wanting to take a break.

For busy professionals who are interested in continuing their education but have no time, we offer e-learning courses on a number of topics.  We also have an expert selection of lifestyle-friendly food supplements for long life and vitality called LifeQode which we just recently introduced in Niger. For women wanting a natural solution to healthier, clearer skin, we offer the Physio Radiance range of skincare products,” explained Amadou.

QNET also expressed its gratitude for the support of the authorities in Niger. QNET understands that building capabilities has always been one of Niger’s priorities to develop its socio economic growth.

“QNET is always respectful of the local laws and is fully obliged to the commercial laws and consumer laws of Niger. QNET also has policies and procedures that all its IRs must strictly adhere to its code of marketing and promotion of QNET products ethically,” noted Amadou.

Globally, the World Federation of Direct Selling Associations (WFDSA), which QNET is affiliated through the Direct Selling Associations of Singapore, Malaysia, the Philippines and Indonesia, reported unprecedented sales and engagement with 6.4% growth generating close to US$200 billion in 2015. WFDSA said that in the past three years, the industry has seen a compound annual growth rate of 6.5 percent. It also noted that behind direct selling’s positive growth trend are millions of entrepreneurs marketing an array of products and services.

“We look forward to deepening our relationship with QNET through strong partnership with the local people in the areas of entrepreneurship and international trade. I would like to call on the people of Niger to grab the opportunities available through QNET,” said QNET Agent, Alhussini. Also present at the Press Conference today were QNET Director Mr. Krishna Kumar, as well as a host of government dignitaries in Niger. 

With direct selling gaining popularity, Niger is seen to have huge potential to become a leading market in the West African region.

About QNET

As a prominent Asian direct selling company, QNET provides a wide range of life enhancing products that are offered through its proprietary e-commerce platform to customers and distributors in over 100 countries. The company also has some 25 offices and agencies worldwide, and more than 50 stockists, apart from localized operations or franchisees in a number of countries.

QNET is a member of the Direct Selling Association of Malaysia, Singapore, the Philippines and Indonesia. QNET is also a part of the Hong Kong Health Food Association and the Health Supplements Industry Association of Singapore among others.

QNET is also active in sports sponsorships around the world, including football (Direct Selling Partner of Manchester City Football Club), Formula One, badminton and more, due to the company’s strong belief that the drive, passion and teamwork of sports mirrors that of QNET. For more information, please visit QNET’s website at www.qnet.net

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Egg Consumption and LDL Cholesterol Size

Maria Fernandez has received nearly a half million dollars from the egg industry and writes papers like “Rethinking dietary cholesterol .” She admits that eggs can raise LDL cholesterol, bad cholesterol, but argues that HDL, so-called “good cholesterol,” also rises, thereby maintaining the ratio of bad to good. To support this assertion, she cites one study that she performed with Egg Board money that involved 42 people.

If we look at a meta-analysis , a measure of the balance of evidence, the rise in bad is much more than the rise in good with increasing cholesterol intake. The analysis of 17 different studies showed that dietary cholesterol increases the ratio of total to HDL cholesterol, suggesting that the favorable rise in HDL fails to compensate for the adverse rise in total and LDL cholesterol. Therefore, increased intake of dietary cholesterol from eggs may indeed raise the risk of coronary heart disease.

The Egg Board responded (as seen in my video, Does Cholesterol Size Matter? ) by saying that the increased heart disease risk associated with eating eggs needs to be put in perspective relative to other risk factors, arguing that it’s worse to be overweight than it is to eat eggs, to which the authors of the meta-analysis replied , “Be that as it may, many people do not find it a major hardship to cut back on egg intake, whereas most people find it impossible to lose weight permanently.”

Fine, Fernandez admitted, eggs increase LDL, but she claims that the increase is in large LDL, arguing that large, fluffy LDL particles are not as bad as small, dense particles. Indeed, large LDL only raises heart disease risk of women by 44% , instead of 63% for small LDL. Light large buoyant LDL still significantly increases our risk of dying from our #1 killer. The difference is similar for men: large LDL only increases risk of heart attack or death by 31% , instead of 44%. As the latest review on the subject concluded, LDL cholesterol has “clearly been established as a causal agent in atherosclerosis … Regardless of size, LDL particles are atherogenic.” Yet Egg Board researcher, Fernandez, wrote that the formation of larger LDL from eggs is considered protective against heart disease, relative to small LDL. That’s like saying getting stabbed with a knife is protective–relative to getting shot!

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