MLM News

Wednesday, August 31, 2005

Mannatech shares down on class-action suit

Mannatech shares down on class-action suit

Shares of network-marketing company Mannatech Inc. tumbled Wednesday after the company was hit with a class-action lawsuit by Lerach Coughlin Stoia Geller Rudman & Robbins LLP, one of the nation's most high-profile and controversial law firms which has won billions of dollars representing investors.

Tuesday, August 30, 2005

Amway and NBA forge partnership in promoting Nutrility

Amway and NBA forge partnership in promoting Nutrility

Amway announced a market cooperation agreement with NBA in Beijing on August 29, 2005, giving impetus to the development of NBA youth basketball matches in China.

Huang Yinde, president of Amway China noted that the cooperation of Amway and NBA aims at creating a win-win situation, re-erecting the image of Nutrility and improving the market shares of Nutrility and other products. Wang Wanjun, an expert on direct selling, noted that it is necessary for Amway to strengthen its own image before the law in direct selling is formulated.

Monday, August 29, 2005

Total Support For Network Marketers

Total Support For Network Marketers

Launch of new MLM - Vemma Power Team.

Herbalife Appoints Patricio Cuesta as Country Director of Argentina :: Natural and Nutritional Products Industry Center :: News

Herbalife Appoints Patricio Cuesta as Country Director of Argentina :: Natural and Nutritional Products Industry Center :: News

Herbalife Ltd. (HLF) announces the appointment of Patricio Cuesta as country director of Herbalife Argentina.

In this capacity, Cuesta will be responsible for all business operations in Argentina, reporting to Edi Hienrich, vice president South America.

Friday, August 26, 2005

Amway India Expands Product Range

Companies & Industry:

"Amway India Enterprises, the wholly-owned subsidiary of the $6.2 billion Amway Corporation, US, the world�s leading direct selling company, is expanding its basket of products offered to Indian customers.

The products to be launched are in the nutrition and wellness and cosmetics categories. �Globally, Amway is known as a wellness and beauty company. Amway India too is moving in that direction,� William S Pinckney, chief executive officer and managing director, Amway India said. "

Wednesday, August 24, 2005

E-MLMLeads.com Provides an Overview of MLM Leads

E-MLMLeads.com explains that multi-level marketing (MLM) is a type of direct marketing that involves selling a product, service, information, or business opportunity. It is also known as network marketing, and typically operates as follows: the self-employed independent distributor first becomes associated with a parent company, and then attempts to locate and sell to customers and others who may also want to become distributors.

Herbalife Appoints Patrick R. Dailey as Senior Vice President, Human Resources

Herbalife Named Official Nutrition Sponsor of the Laguna Phuket Triathlon

Herbalife Named Official Nutrition Sponsor of the Laguna Phuket Triathlon

Thursday, August 18, 2005

AVP and Herbalife Announce Expansion of Multi-Year Sponsorship Agreement

AVP and Herbalife Announce Expansion of Multi-Year Sponsorship Agreement: "AVP Pro Beach Volleyball
Tour, Inc., a wholly owned subsidiary of AVP, Inc. (OTC: AVPN), a lifestyle
sports entertainment company focused on professional beach volleyball, and
Herbalife Ltd. (NYSE: HLF) have announced the expansion of their existing
sponsorship agreement featuring the LiftOff(TM) product, Herbalife's new
effervescent energy drink, that will make Herbalife the 'Official Health and
Wellness Partner' as well as the 'Official Nutritional Advisor' of the AVP Pro
Beach Volleyball Tour through the 2007 season. The AVP Tour features more
than 150 of the nation's top male and female professional beach volleyball
players. The new deal will include nutritional supplements, personal care and
weight-management products."

Monday, August 15, 2005

Herbalife Internet Initiative

creativematch: The creative search engine:

"Herbalife has chosen Activedition, the market leading enterprise web content management solution from C(2) software, to manage a major European internet marketing initiative. "

Herbalife, a $1.3 billion multi-national organisation, is a leading provider of nutrition, weight management and personal care products. Their requirement was to provide a number of business tools online to their Europe wide distribution network, specifically providing marketing materials online to over 100,000 independent Distributors throughout the Continent. The materials also had to be delivered in the native language of each country.

Friday, August 12, 2005

USANA Stock Review On "Smart Money"

Smartmoney.com: Stock Screen: A Model of Efficiency

WITH PRODUCT names like 5-Day High-Fiber Cleanse and Soyamax, it may surprise you just how quickly Salt Lake City-based Usana Health Sciences (USNA) is expanding. The marketer of nutritional and cosmetic products has seen its number of sales associates climb 35% in the past year as its profits surged 70%. And its stock returns make Avon Products' (AVP) three-year cumulative gain of 94% and vitamin seller NBTY's (NTY) 40% jump look paltry. Usana's shares during that time have spiked more than 3,000%.

China approves draft direct sales legislation - report - Forbes.com

China approves draft direct sales legislation - report - Forbes.com: "The State Council, China's cabinet, has approved a draft law governing direct sales, the National Business Daily reported.

Citing an unidentified industry source, the newspaper said the law is expected to be officially launched next month.

According to the draft law, the maximum commission for salespeople engaged in direct sales will be 30 pct, up from the 25 pct decided last year at a meeting in Xiamen to discuss the draft law. "

Eyewitness News - Cabbie says fugitive couple told him they were headed to Amway

Eyewitness News - Cabbie says fugitive couple told him they were headed to Amway

The cab driver who picked up a couple suspected in the slaying of a Tennessee prison guard during a courthouse escape said Thursday the two told him they were going to an Amway convention but their story just “didn’t really seem to wash.”

(Editor's Comment: Fascinating insight into Amway's place in the popular culture!)

Wednesday, August 10, 2005

Marketing On The Internet - MLM Case Study

MarketingSherpa.com : Practical News & Case Studies on Internet Advertising, Marketing & PR

Many network marketers scoff at the Internet because they rely on the power of personal relationships to convert consumers into an ever-growing community of marketers.
But, Chris Peterson, a marketer from the Web generation,
has turned the multi-billion dollar MLM industry on its head.

In MarketingSherpa's exclusive Case Study, Peterson reveals seven specific tactics to convert consumers into long-term purchasers and resellers, including:
-> 14-step email autoresponder series
-> adding audio to your site
-> Newest buyer 'ticker'
-> Site tours
-> Super-simplifying Web design

Includes creative samples, test data, and inspirational Web
design (no matter what industry you're in):

Friday, August 05, 2005

MyWestTexas.com Multi-Level Marketing plans - The higher the pressure, more questionable the promise

MyWestTexas.com - Local News - 08/05/2005 - BBB: Multi-Level Marketing plans - The higher the pressure, more questionable the promise

MLMs and Network Marking programs are popular today because they generally require little or no starting money and are very versatile, having been adapted for every product from cleaning supplies to deregulated electricity. The idea is that, besides selling a product, you're recruiting people to work under you, who then kick up part of the profits from their sales to you. In the meantime, your recruits are working on creating their own sales force. Everybody makes commissions from the sales of those "behind" them in line.

Nikken to launch health products in India - Sify.com

Nikken to launch health products in India - Sify.com: "

Pune: The US-based Nikken International Inc will soon launch its cutting-edge health products for distribution in India and for exports, and make the city a major hub of its activities in the country.

Wednesday, August 03, 2005

Herbalife Shares Hit High (Update)

Stock Market News and Investment Information | Reuters.com:

"Herbalife Ltd. (HLF.N: Quote, Profile, Research) shares rose 21 percent to an all-time high on Tuesday, a day after the nutritional supplement maker reported an 88 percent rise in quarterly net income and raised its profit outlook for the year.

The stock closed $4.85, or 20.73 percent, higher at $28.25 on the New York Stock Exchange."

Greg Probert Promoted to President and Chief Operating Officer for Herbalife Ltd.

Greg Probert Promoted to President and Chief Operating Officer for Herbalife Ltd.:

"Herbalife Ltd. (NYSE:HLF) announces the promotion of Chief Operating Officer Gregory L. Probert to president and chief operating officer. Probert joined Herbalife in August 2003, and has overall responsibility for the company's business operations in 60 markets around the world. "

Herbalife Appoints Steve Henig to New Post of Chief Scientific Officer

Herbalife Appoints Steve Henig to New Post of Chief Scientific Officer

Herbalife Ltd. (NYSE:HLF) announces the appointment of Steve Henig, Ph.D. to the newly-created post of chief scientific officer with responsibility for the company's product research and development function.

Henig will report to CEO Michael O. Johnson. His responsibilities will include setting Herbalife's R&D direction; product innovation and development; scientific and medical affairs; product safety and efficacy; and leadership of Herbalife's Scientific Advisory Board, which is chaired by David Heber M.D., Ph.D.

Herbalife Shares Hit All Time High On Earnings Report

Stock Market News and Investment Information | Reuters.com:

"Herbalife Ltd. (HLF.N: Quote, Profile, Research) shares rose over 14 percent to an all-time high on Tuesday a day after the company reported an 88 percent rise in quarterly net income and raised its profit outlook for the year."

MLM CNI Lists On Malaysian Stock Exchange

theedgedaily.com

Multi-level marketing company CNI Holdings is set to make its debut on the Main Board tomorrow morning. The shares were priced at 90 sen in its initial public offer. We reckon the stock may trade around RM1.00-RM1.10 initially, giving it a decent 11%-22% premium.