MLM Companies show strong growth in Q2 2010

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Herbalife (USA) reported  for Q2 2010, a surge in profit for the second quarter as sales increased 19,9% across almost all geographies.

Revenues for the quarter grew 20.5% to $688.80 million from $571.80 million in the year-ago quarter.  Revenue growth reflected a 19.9% increase in volume and 11.9% rise in Average Active Sales Leaders.

RankRegionQ2 2009 in Million $Q2 2010 in Million $Growth
1
North America
138
166
20%
2
Mexico
66
81
23%
3
Asia Pacific
115
172
50%
4
China
41
51
24%
5
South America
85
82
-4%

Nu Skin (USA) announced record quarterly results, with revenue of $388.4 million for the second quarter, a 20% improvement over the prior-year period of $334 million

The introduction of our breakthrough ageLOC skin care system has been a huge success around the world, generating $150 million of revenue in the past three quarters, said Truman Hunt, president and chief executive officer. We continue to build tremendous energy within our distributor force, as demonstrated by a 15 percent quarterly growth rate in executive distributors. In addition, our continued focus on operational efficiency resulted in a record 15.2 percent operating margin for the quarter, evidence of our ability to leverage revenue growth to improve profitability.

RankNu Skin
1
Region
Q2 2009 in million $
Q2 2010 in million $
Growth
2
Americas
62
62
0%
3
North Asia
147
164
12%
4
Greater China
53
81
53%
5
Europe
32
35
9%
6
South Asia
29
46
59%

Oriflame Cosmetics (Sweden), local currency sales increased by 9% and Euro sales increased by 19% to EUR 375.0m (EUR 315.5m)

Average size of the sales force increased by 5% to 3.6m consultants and closing sales force was up by 4%.

Avon Products (USA) reported second-quarter 2010 total revenue of $2,644 million, 8% higher than that of second quarter 2009 $2,445 million

 

Active Representatives Up 5%

  • Latin America's up 16% year over year
  • Brazil was up 33%,
  • Mexico was up 9%
  • Venezuela was down 27%
  • North America declined 6%
  • Central & Eastern Europe rose 10%
  • Russia 15% growth
  • Western Europe, Middle East & Africa's increased 18%
  • U.K. was down 4%
  • Turkey rose 32%
  • South Africa rose 94%.
  • Asia Pacific's  increased 8%
  • China decreased 32%

 

Tupperware Brands (USA) second quarter 2010 sales increased in local currency by 6% from $525 million in Q2 2009 to $565 in Q2 2010.

 

Vemma Nutrition Company (USA), specializing in premium liquid nutrition reports a growth of 25% in revenue, year over year.

 

Pre-Paid Legal (USA) new sales associates enrolled increased during the 2nd quarter of 2010, 44.3% to 36,313 from the 25,172 enrolled in the 2nd quarter of 2009. Revenue in Q2 $113 million.

New memberships produced increased 2.6% to 125,417 during the 2010 quarter compared to 122,230 for the 2009 quarter.

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Comments (10)

  1. Wonderful news for Vemma… by far the most amazing nutritional supplement I’ve ever had for my health and as a business, an opportunity of a lifetime with Vemma only at the beginning of it’s global expansion. When a unique product is combined with this kind of timing, it seriously deserves a look. sallybrigg.vemma.com

  2. It just go to show that network marketing really does work! These companies have been around for years and still going strong. However – you forgot to mention OrganoGold, which is having record growth and Strong Leadership. How about adding us to your poll as well. Thanks for all the great info.

  3. WHAT!! No TEAM BEACHBODY!! Beachbody is the leader on home exercise programs including P90X, Turbo Jam and the best meal of the day, Shakeology. Don’t know where you are getting your information, but Beachbody is into fitness and nutrition, not lack luster energy drinks and fruit from Asia.

  4. 192,000 people per month are entering the greater industry. It’s fantastic to see accredited companies increase volume because that means they are paying out more and more people. If you love the company you are with…keep on doing exactly what you are doing! Be patient, be consistent, and continue to share product and information from the heart.

    If you are using a blog, use it to “Enrich, Educate, Entertain and Engage.” Don’t “Sell People.” Don’t sell a dream either! That is one problem I still see within the greater industry, we have people who aggressively recruit by selling a “dream” instead of a “business opportunity.”

    Attitudes, character, and behaviors are all centered upon habits that are “caught” rather than “taught.” Your family, friends, and co-workers are all watching and listening. That person who is your next “hot prospect” is also watching what you are saying and doing. If you get him by selling a “dream,” he will duplicate that, and trust this…it will not create the depth or integrity you want to have.

    Everyone keep on doing what you love! To learn more about me: [email protected]

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