What Is The Purpose Of The New York Stock Exchange Who’s Involved In The Network Marketing Industry?

You are searching about What Is The Purpose Of The New York Stock Exchange, today we will share with you article about What Is The Purpose Of The New York Stock Exchange was compiled and edited by our team from many sources on the internet. Hope this article on the topic What Is The Purpose Of The New York Stock Exchange is useful to you.

Who’s Involved In The Network Marketing Industry?

Today there are thousands of Network Marketing companies operating throughout the United States, Canada, Mexico, South America, the United Kingdom, Europe, Australia, New Zealand, Israel, Japan and the Pacific Basin. Little Malaysia alone has more than 800 active Network Marketing companies. Network Marketing is reported to be a $45 billion dollar industry, internationally, made up of Fortune 500 and New York Stock Exchange (NYSE) companies.

In 1993, Amway was the fastest growing foreign company in Japan with sales over $1 billion. Discovery Toys markets their products solely by Network Marketing, with sales figures in excess of $100 million. Sprint, MCI and AT&T make their long distance phone services available through Network Marketing companies. The A. L. Williams Company utilized Network Marketing and astounded the insurance industry by outselling Prudential, a “giant” in the industry, in four short years.

Traditional sales method companies such as Colgate-Palmolive and the Gillette Company have Network Marketing subsidiaries. Rexall Drug is now utilizing the Network Marketing method of distribution with its subsidiary, Rexall Showcase. Network marketing companies such as Melaleuca outperformed Liz Claiborne, The Limited and John Paul Mitchell while Nu Skin bested the likes of Maybelline, Dow Chemical and Matrix. Mary Kay is bigger than Johnson & Johnson, Amway is bigger than Revlon, and Avon is bigger than Estee Lauder. Sam Walton, the founder of Wal-Mart is quoted as saying, “I’d rather run a profitable business in an unconventional industry than an unprofitable business in a conventional industry.”

Network Marketing has evolved in other ways as well. Companies that began as direct selling companies are now utilizing network marketing compensation plans. Some examples include Avon, the $3 billion cosmetic giant, Watkins Products, which had been direct selling for nearly 100 years before it converted to network marketing, and even Encyclopedia Britanica.

One reason for the decline of direct selling is that beginning in the 1970’s, distributors making calls on people found no one was home. Women, long standing as the customer backbone of direct sales, had entered the workforce, leaving few at home during the day. Companies watching these societal trends moved quickly to revise their marketing plans to network marketing which allows for more informal methods of sales and greater compensation.

Network Marketing companies have actually pioneered entire industries: natural vitamin supplements, nutrition and diet drinks, concentrated and environmentally friendly household cleaners. One network marketing company almost single handedly created the billion dollar home water filtration business.

Be assured that there are many more new companies and industries to come, with products and services that will amaze and astound you, as we move into the 21st Century.

Video about What Is The Purpose Of The New York Stock Exchange

You can see more content about What Is The Purpose Of The New York Stock Exchange on our youtube channel: Click Here

Question about What Is The Purpose Of The New York Stock Exchange

If you have any questions about What Is The Purpose Of The New York Stock Exchange, please let us know, all your questions or suggestions will help us improve in the following articles!

The article What Is The Purpose Of The New York Stock Exchange was compiled by me and my team from many sources. If you find the article What Is The Purpose Of The New York Stock Exchange helpful to you, please support the team Like or Share!

Rate Articles What Is The Purpose Of The New York Stock Exchange

Rate: 4-5 stars
Ratings: 9385
Views: 86621047

Search keywords What Is The Purpose Of The New York Stock Exchange

What Is The Purpose Of The New York Stock Exchange
way What Is The Purpose Of The New York Stock Exchange
tutorial What Is The Purpose Of The New York Stock Exchange
What Is The Purpose Of The New York Stock Exchange free
#Whos #Involved #Network #Marketing #Industry

Source: https://ezinearticles.com/?Whos-Involved-In-The-Network-Marketing-Industry?&id=719761

Related Posts

default-image-feature

What Is The Price Of One Share Of Microsoft Stock Microsoft Access Database Design Concept – Step 1 of 7 – Overall System Design for Microsoft Access

You are searching about What Is The Price Of One Share Of Microsoft Stock, today we will share with you article about What Is The Price Of…

default-image-feature

What Is The Price Of One Share Of Google Stock What Are the Advantages and Disadvantages of Online Trading?

You are searching about What Is The Price Of One Share Of Google Stock, today we will share with you article about What Is The Price Of…

default-image-feature

What Is The Price Of One Share Of Boeing Stock Influence Of Industry and Competitive Analysis on Business Planning and Strategy

You are searching about What Is The Price Of One Share Of Boeing Stock, today we will share with you article about What Is The Price Of…

default-image-feature

What Is The Price Of Oil On The Stock Market Global Oil Price War

You are searching about What Is The Price Of Oil On The Stock Market, today we will share with you article about What Is The Price Of…

default-image-feature

What Is The Price Of Gold On The Stock Market Spot Gold Trading on Forex Can Be Highly Profitable

You are searching about What Is The Price Of Gold On The Stock Market, today we will share with you article about What Is The Price Of…

default-image-feature

What Is The Price Of Ford Motor Company Stock Today Automobile Dealers – Do You Really Have a Right to Refuse New Vehicles?

You are searching about What Is The Price Of Ford Motor Company Stock Today, today we will share with you article about What Is The Price Of…