Review an online article produced by the Associated Press about the direct sales industry as well as a news release from Herbalife Ltd.; the company will participate in Wedbush Morgan California Dreamin' Conference (see details below).
Dec. 7, 2007, 11:08AM
Sector Snap: Direct-Selling Companies
© 2007 The Associated Press
http://www.chron.com/disp/story.mpl/ap/fn/5360412.html
NEW YORK — A Jefferies & Co. analyst said Friday companies that use a direct selling business model may become better investments next year since they can infiltrate new markets full of shoppers with disposable incomes.
Analyst Douglas M. Lane said in a note to investors that growth at the companies "should pick up given the attractiveness of the model in penetrating newer markets that are underdeveloped but have sharply rising disposable incomes."
In these companies' selling models, individuals distribute products by demonstrating them in prospective buyers' homes or by holding product "parties" - a method popularized by Tupperware Brands Corp.
Some also pay employees through a multi-level marketing plan in which employees' pay is based on their own sales plus the sales of employees they recruited to join the company.
Lane said since direct selling companies don't require as much infrastructure to enter a new market, they should be able to grow rapidly in under-developed emerging markets like China, Russia, Eastern Europe, India and Indonesia.
China, in particular, he said, represents an opportunity for such companies to grow, despite regulations against multi-level marketing. Some companies, including personal care product maker Nu Skin Enterprises Inc. and vitamin company Herbalife Ltd. have been granted licenses to do business there.
"We have heard estimates that direct selling companies doing business in China would make it an approximately $5 billion market, which would make China the sixth-largest direct selling market in the world," he said.
Lane initiated coverage on both of the companies Friday. He gave Nu Skin stock a "Neutral" rating.... Lane rated shares of Herbalife a "Buy" and said the company is "poised for continued strong revenue growth."
----
HERBALIFE LTD has added a news release to its Investor Relations website.
Title: Herbalife Ltd. to Participate in Wedbush Morgan California Dreamin' Conference
Date: 12/7/2007 12:00:00 PM
For a complete listing of our news releases, please click here
LOS ANGELES--(BUSINESS WIRE)--Dec. 7, 2007--Herbalife Ltd.
(NYSE:HLF) Chief Financial Officer Rich Goudis will participate in the
8th Annual Wedbush Morgan California Dreamin' Conference December
11-12, 2007 at The Fairmont Miramar hotel in Santa Monica, Calif.
Goudis will present on Tuesday, December 11, at 8:45 a.m. PST. The
presentation will be webcast in the Investor Relations section of
Herbalife's Web site at www.Herbalife.com.
About Herbalife
Herbalife is a global network marketing company that sells
weight-management, nutritional supplements and personal care products
intended to support a healthy lifestyle. Herbalife products are sold
in 65 countries through a network of 1.7 million independent
distributors. The company supports the Herbalife Family Foundation and
its Casa Herbalife program to bring good nutrition to children. Please
visit Herbalife Investor Relations for additional information.
CONTACT: Herbalife Ltd.
Media:
George Fischer
Sr. Director, Worldwide Corp. Comm.
310-410-9600 ext. 32649
or
Investors:
Erin Gehan
Sr. Director Investor Relations
310-410-9600 ext. 32862
SOURCE: Herbalife Ltd.
Hello !.
ReplyDeletemight , probably curious to know how one can make real money .
There is no need to invest much at first. You may begin to get income with as small sum of money as 20-100 dollars.
AimTrust is what you thought of all the time
The company represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with offices around the world.
Do you want to become an affluent person?
That`s your choice That`s what you desire!
I`m happy and lucky, I began to take up income with the help of this company,
and I invite you to do the same. It`s all about how to select a proper partner utilizes your money in a right way - that`s it!.
I make 2G daily, and my first deposit was 1 grand only!
It`s easy to join , just click this link http://vodiwaxi.lookseekpages.com/izofivux.html
and go! Let`s take this option together to become rich
Good day !.
ReplyDeleteYou may , probably curious to know how one can manage to receive high yields .
There is no need to invest much at first. You may begin to get income with as small sum of money as 20-100 dollars.
AimTrust is what you need
The firm represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with offices around the world.
Do you want to become a happy investor?
That`s your choice That`s what you desire!
I`m happy and lucky, I started to take up real money with the help of this company,
and I invite you to do the same. If it gets down to choose a proper partner who uses your funds in a right way - that`s it!.
I make 2G daily, and my first investment was 500 dollars only!
It`s easy to start , just click this link http://jepahiqu.angelcities.com/irywywe.html
and lucky you`re! Let`s take our chance together to get rid of nastiness of the life
Let's talk on this theme.
ReplyDeleteIt is remarkable, it is rather valuable phrase
ReplyDeleteHello, after reading this remarkable article i am as
ReplyDeletewell delighted to share my knowledge here with friends.
Review my web-site :: wrist watches
It's truly a great and helpful piece of information. I am glad that you just shared this useful info with us. Please keep us up to date like this. Thank you for sharing.
ReplyDeleteMy website :: rccrawler.jp
We stumbled over here coming from a different web page and thought I might as well check things out.
ReplyDeleteI like what I see so i am just following you. Look forward to checking out your web
page yet again.
Feel free to visit my web page - icto.ugent.be