Herbalife Nutrition Ltd. is going on the top among investors. As stocks of 68.7% flow on a year-to-date basis as compared with the industry’s decline of 0.1%. The company is gaining from quality volumes in key markets as well as bulky products’ portfolio and global presence. However, negative impacts on the industry are due to currency fluctuations that need to be considered. Over the last twelve months, the revenue growth of Herbalife has been 24.00%. In 2017, Herbalife’s net sales of 71.8% were accounted in the top ten nations of the world. Then in the third quarter of 2018, volume points increased by 15% to 1,506.9 million that exceeded management’s projections. This got the second highest volume points achieved by the company.
However, currency fluctuations weighed on the gross margin in the third quarter of 2018. Management expects the falling situation in the fourth quarter of 2018 performance. Further, the company exposed that leads to hard competition from other retailers as well as distributors of nutritional products. Then it is expected that the company’s extensive business, focus on their brands, and a strong direct-selling network that will lead to high performance and enable the company to overcome these hurdles. Such growth drivers and a high past performance encouraged the management to raise earnings for 2019.
Herbalife sold its products in 91 countries and had a network of 3.9 million members or distributors, approximately 0.2 million members were in China. The direct-selling channel is ideal for marketing Herbalife’s products because personal contact builds more trust. Thus, leading to increased sales of weight management, nutrition, and personal care products. Moreover, members consume the products and can provide first-hand testimonials of the effectiveness of the products to their customers, which can serve as a powerful sales tool. Most of the members join to receive a discounted price on family products. Members also have the opportunity to gain profit by selling the products. Once members achieve certain qualifications, they can earn Royalty Overrides or commissions on sales.
The main three advantages of the Direct Sales Model include brand name recognition as it has been around for 40 years. It is in the list of top ten direct selling companies in the world as well as have strong relationships with over 91 countries. The second advantage is flexibility for the distributors as they can work according to their schedules in the free hours of the day. The third advantage is personal relationships that the direct sales model depends on consultants or distributors who work with their customers directly and maintain good relations. So, by considering these advantages, individuals encouraged to join Herbalife as it also offers training opportunities and educational materials to its distributors. In 2019, it can be an excellent opportunity for students to join and explore Herbalife brand and take the benefit out of it.
Randy Ray and Wendy Lewis are not yet household names. But the company that they founded back in 2009, Jeunesse Global has become one of the most popular brands in the global cosmetics and health business. The company has experience absolutely phenomenal growth, growing from a garage-based hobby business into a billion-dollar company in just short of nine years. Today, Jeunesse Global count tens of thousands of distributors among its ranks serving millions of customers worldwide.
All of this growth was the product of a simple stroke of serendipity. Founders Ray and Lewis had recently decided to try out the life of retirement. After more than four decades of building some of the most successful companies in the North American direct-selling business, Ray and Lewis had decided that they would like to sit back and enjoy some of the fruits of their decade-long labor, spending more time with each other as well as their increasingly large number of grandchildren.
But Ray and Lewis quickly discovered that the retired life was not anything like what they had imagined it. Rather than having an enjoyable time while playing shuffleboard and sipping tropical drinks by the side of the pool, the innately industrious couple quickly grew restless, longing for the excitement and sense of purpose that came with running their own business and interacting with motivated and intelligent people. Before they knew it, the couple was back spending more than 60 hours per week growing their neonate enterprise. They quickly brought on board some of the top direct-selling experts in the world who helped them to begin growing the business at breakneck speed.
But the real secret behind the incredible growth of Jeunesse Globalhas been the ability of the company to spot underserved market niches and to quickly develop highly effective products to fill those market gaps. One example of such a product is a company’s moisturizer and skincare lotion, Luminesce. Luminesce not only performs admirably as a standalone skincare lotion and moisturizer, but it also is able to pack one of the most powerful anti-aging punches of any product currently on the market. This is due to the fact that it includes the company’s proprietary anti-aging formula, APT-200.
The company is known globally for its youth enhancement products. Recently, it started producing cosmetics. It released to the market some products known as NV. They are mist foundations which are highly effective. The firm ensured that it was easy to use for all the buyers. It provides a wide range of skin care products. One of the most features of the NV Primer is that it is colorless. It works by filling the pores on the skin to give the users a perfect look in readiness for a foundation. The products have skin-soothing ingredients to maintain the skin in a healthy condition. Some of the cosmetics can last for as long as 12 hours after the application. One of the products is known as NV bronzer and it gives the users a glowing look.
Scott Lewis is the Chief Visionary Officer of the company. He was optimistic that the new products had good potential in the future and hence the need to tap into it. According to statistics, the country’s cosmetics industry isvalued at $62 billion. Many analysts expect it to grow over the years. Jeunesse believes in the employment of technology in production as a way to create a competitive edge over the competitors. The NV products are distributed in 1.5 oz.-bottles and are friendly to all types of skins. They keep your skin moist and hydrated. Unlike many other similar products on the market, the NV products do not contain oils, sulfates, or parabens. Currently, the cosmetics can be accessed in Canada and the US. According to the management of Jeunesse, the products will also be available in other parts of the world soon.
Jeunesse uses the direct selling marketing strategy for its products. By using the cosmetics, the users can attain their full potential. It recognizes diversity and hence adopts a customer service that caters to the needs of customers who speak different languages. Its personnel is well-trained to deliver high-quality products that meet the changing needs of the clients. It has 32 offices situated in various parts of the world. Randy Ray and Wendy Lewis are the pioneers of the company.
Anil Chaturvedi is one of the most successful and prominent bankers in the world, and over the last four decades, his achievements have resonated across the banking sector globally. Anil Chaturvedi has had the experience of working for some of the biggest and the most renowned financial organizations and banks, which have helped him develop considerable expertise in the field. Anil Chaturvedi has worked at State Bank of India for four years, ANZ Grindlays Bank for two years, and Merrill Lynch for over seventeen years. Presently, Anil Chaturvedi is attached to Switzerland based Hinduja Bank for the last six years. At Hinduja Bank, he is serving in the role of Managing Director and is responsible for bringing foreign businesses to the bank and helps them with cross-border alliances with Indian businesses. As the global economy is transforming at a rapid pace, it is important for the businesses to expand their business operations beyond local horizons.
Anil Chaturvedi aims at helping the companies engage with the Indian counterparts and provide them with the formal assistance to establish themselves as a reputed business in India. The new government has eased the foreign investment policies in India, and it would make it easier for foreign companies to invest the key objective of the new rules is to bring in more foreign investment. India is a developing country and relies on foreign investment for its economy. It is best that European companies take the help of professionals if they are looking to invest in India. With the backing of the expert guidance of Hinduja Bank and under the leadership of Anil Chaturvedi, many European and US businesses have been able to branch out to India, fully or partially. It has helped them to reduce their manufacturing and business cost drastically and improves their profit margins to a great deal.
Anil Chaturvedi is also a renowned philanthropist and along with his wife has formed an organization named Kiran and Anil Chaturvedi Foundation that focuses on giving back to the community in any which way it can, starting from providing medical supplies to funding the education of the meritorious students from the low-income families.
Talk Fusion is a video marketing firm that offers a range of video-based marketing products and services that helps the companies as well as individuals in many different ways. The enterprises can use the video marketing products offered by Talk Fusion to engage the customers and attract the target audience. Reaching out to the potential customers becomes more comfortable with the help of Talk Fusion’s video marketing products and services, such as video e-mail, video newsletters, video chat, video conferencing, and more. Such products leverage the benefits provided by video and help in boosting the lead and sales conversion rates.
Bob Reina founded Talk Fusion in 2007 with the aim to propagate the power of video in the marketing forte. He understood back then that innovation is the key to success in the marketing field. As a network marketing executive himself with over two decades of experience in the area, he understands that being unique and creative with marketing is what would help fetch results. Bob Reina has gained tremendous success with Talk Fusion since the time of its inception because it offers the target audience something new and unique to integrate with their marketing strategy. As Talk Fusion follows the direct marketing model through its massive base of agents spread across the globe, Bob Reina recently launched the Talk Fusion University online.
Talk Fusion University is a virtual hub of a digital library of articles and marketing based educational content and videos by Bob Reina and others. It would help the agents of Talk Fusion to understand what they need to do to get more sales and reach out to a further audience. As Bob Reina has experience of nearly twenty-five years in direct marketing, he is sharing his secrets and tips through the Talk Fusion University. The launch of Talk Fusion University is an aim to educate the agents of Talk Fusion so that they can be more disciplined and professional in their marketing approach and avoid common mistakes that would lead to their failure. There are specific tips and tricks that people need to know when in the business of direct selling. Learn more: https://www.youtube.com/user/TalkFusionOfficial