Herbalife is New Official Nutrition Sponsor of Global Football Star, Cristiano Ronaldo

Herbalife is New Official Nutrition Sponsor of Global Football Star, Cristiano Ronaldo

LOS ANGELES--(BUSINESS WIRE)-- Global nutrition company, Herbalife (NYS: HLF) , has announced that it will become the official nutrition sponsor of international football player, Cristiano Ronaldo.

Herbalife is Official Nutrition Sponsor of Cristiano Ronaldo (Photo: Business Wire)

The Portuguese international, who plays his club football for Real Madrid in Spain, is recognized as one of the best players in the world on the pitch, and a global sports icon off the field. Herbalife will work with Ronaldo to develop and optimize his personal nutrition program and provide him with a range of sports nutrition products.

The five-year, multi-million dollar contract with Ronaldo includes global publicity rights and various joint promotional activities. It also includes the opportunity for Herbalife and Ronaldo to work together to develop a new co-branded range of sports nutrition products.

"I believe strongly in the importance of the right nutrition for me as an individual, both on and off the field. I am looking forward to working with Herbalife, as a company that shares my passion and brings such expertise and knowledge in the area of sports nutrition," said Ronaldo.

"Cristiano Ronaldo is one of the greatest football players in the world, and someone who embodies our philosophy of good nutrition being at the core of a healthy, active life, and a key advantage in the competitive world of professional sport. His passion and belief will undoubtedly translate into tremendous opportunities for Herbalife and our independent distributors. We love and share his commitment and enthusiasm for this relationship and are excited about the future together," said Michael O. Johnson, chairman and CEO of Herbalife.

This agreement is part of Herbalife's broader sponsorship program aimed at promoting healthy and active lifestyles. Ronaldo joins more than 100 other Herbalife-sponsored athletes, including a number of football teams around the world, such as LA Galaxy in the U.S.; FC Pumas in Mexico; Brazilian team, Botafogo; Spartak-Moscow in Russia; and the national teams of Belgium and Venezuela.

About Herbalife Ltd.

Herbalife Ltd. (NYS: HLF) is a global nutrition company that sells weight-management, nutrition and personal care products intended to support a healthy lifestyle. Herbalife products are sold in more than 80 countries to and through a network of independent distributors. The company supports the Herbalife Family Foundation and its Casa Herbalife program to help bring good nutrition to children. Herbalife's website contains information about Herbalife, including financial and other information at www.herbalife.com.

Photos/Multimedia Gallery Available:http://www.businesswire.com/multimedia/home/20130604006835/en/

SOURCE: http://www.dailyfinance.com/2013/06/04/herbalife-is-new-official-nutrition-sponsor-of-glo/

Global Marketing Network

The Global Marketing Network (GMN) is the Global Accreditation Body for Marketing Professionals. With over 30,000 Members worldwide we aim to inspire, educate and inform the Marketing Leaders of today and tomorrow, wherever they live and work in the world;

Our vision is for a strong, unified and respected Marketing Profession, worldwide, achieved through the raising of standards within it. And, with an estimated 20 million people working in a definable marketing role in the world, coupled with widespread acceptance of the need for marketers to become more professional, there is both a very sizable market, and a clear driver for change;

Considerable support has been secured over the last five years for our vision from leading Marketing scholars, experts, authors and industry leaders, and from the reputable organisations which we are delighted to have enlisted and welcomed as partners including national marketing associations, leading business schools and highly-regarded publishing and media partners;

Our vision is achieved through four key strategic programmes:

Realizing the aspirations of Marketing Professionals worldwide

by recognizing and rewarding educational and professional achievements through awarding GMN Professional Membership and Fellowship to individuals who satisfy GMN professional membership entry criteria, as assessed by the GMN Membership Committee against our globally established standards of practice.

Raising standards in marketing practice

by helping businesses achieve greater profitability and return on investment through a relentless focus, in all that we do, on what actually matters to people in business in the 21st century, through the design and development of global certification programmes, executive education programmes and conferences, delivered through an international network of accredited delivery partners.

Putting Marketing Professionals back in the Boardroom

by enabling employers to insist on and recruit the best and most up-to-date Marketing Professionals with the introduction of GMN’s Global Continuing Professional Development (CPD) Scheme and by identifying those Marketing Professionals who are Globally Accredited by profiling them in the GMN Professional Membership and Fellowship Directory - only accessible on Global CMO™ The Community.

Supporting today's Marketing Professionals around the world

by enabling them to be more knowledgeable, capable and better networked, leading to improved employ-ability, promote-ability and, ultimately, rewards - wherever they live and work in the world – through connecting through Global CMO™ The Community, sharing best practices through Global CMO™ The Magazine and other Global CMO™ initiatives designed to raise standards in Marketing practice, as well as to educate and inspire the Marketing Leaders of today and tomorrow.

Whilst there is (as yet) no external nor legislative imperative for Global Accreditation for marketers, considerable support has been secured over the last five years for GMN’s vision - not least from the senior marketing practitioners and academics that have joined GMN’s Advisory Council and Global Faculty, and from the reputable organizations GMN is delighted to have enlisted and welcomed as strategic partners.

GMN is the only worldwide body dedicated to raising standards in the marketing profession and to delivering a wider vision which has been developed with and received wide support from amongst the most senior players in the profession.

Source: http://www.gmnhome.com/

SEC Shuts Down $600 Million Online Pyramid and Ponzi Scheme

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FOR IMMEDIATE RELEASE
2012-160

Washington, D.C., Aug. 17, 2012 —

The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze to halt a $600 million Ponzi scheme on the verge of collapse. The emergency action assures that victims can recoup more of their money and potentially avoid devastating losses.

The SEC alleges that online marketer Paul Burks of Lexington, N.C. and his company Rex Venture Group have raised money from more than one million Internet customers nationwide and overseas through the website ZeekRewards.com, which they began in January 2011.

According to the SEC’s complaint filed in federal court in Charlotte, N.C., customers were offered several ways to earn money through the ZeekRewards program, two of which involved purchasing securities in the form of investment contracts. These securities offerings were not registered with the SEC as required under the federal securities laws.

The SEC alleges that investors were collectively promised up to 50 percent of the company’s daily net profits through a profit sharing system in which they accumulate rewards points that they can use for cash payouts. However, the website fraudulently conveyed the false impression that the company was extremely profitable when, in fact, the payouts to investors bore no relation to the company’s net profits. Most of ZeekRewards’ total revenues and the “net profits” paid to investors have been comprised of funds received from new investors in classic Ponzi scheme fashion.

“The obligations to investors drastically exceed the company’s cash on hand, which is why we need to step in quickly, salvage whatever funds remain and ensure an orderly and fair payout to investors,” said Stephen Cohen, an Associate Director in the SEC’s Division of Enforcement. “ZeekRewards misused the power of the Internet and lured investors by making them believe they were getting an opportunity to cash in on the next big thing. In reality, their cash was just going to the earlier investor.”

The SEC’s complaint alleges that the scheme is teetering on collapse with investor funds at risk of dissipation without its emergency enforcement action. Last month, ZeekRewards brought in approximately $162 million while total investor cash payouts were approximately $160 million. If customers continue to increasingly elect to receive cash payouts rather than reinvesting their money to reach higher levels of rewards points, ZeekRewards’ cash outflows would eventually exceed its total revenue.

Burks has agreed to settle the SEC’s charges against him without admitting or denying the allegations, and agreed to cooperate with a court-appointed receiver.

According to the SEC’s complaint, ZeekRewards has paid out nearly $375 million to investors to date and holds approximately $225 million in investor funds in 15 foreign and domestic financial institutions. Those funds will be frozen under the emergency asset freeze granted by the court at the SEC’s request. Meanwhile, Burks has personally siphoned several million dollars of investors’ funds while operating Rex Venture and ZeekRewards, and he distributed at least $1 million to family members. Burks has agreed to relinquish his interest in the company and its assets plus pay a $4 million penalty. Additionally, the court has appointed a receiver to collect, marshal, manage and distribute remaining assets for return to harmed investors.

The SEC’s investigation was conducted by Brian M. Privor and Alfred C. Tierney in the SEC’s Enforcement Division in Washington D.C. The SEC acknowledges the assistance of the Quebec Autorite des Marches Financiers and the Ontario Securities Commission.

http://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171483920#.VJ9G1DAc

Direct Selling Business in INDIA

http://www.idsa.co.in/

DSA SOUTH AFRICA

SHARE IT. IF YOU LIKED IT . MULTIPLE BENEFITS AND REWARDS OF DIRECT SELLING

Most direct sellers have achieved their success because they are passionate about the products and the business opportunity they have to offer - and that enthusiasm is shared with others, resulting in sales and business building. Benefits and rewards A low-cost micro business and income generating opportunity that has few limitations other than the amount of time, effort and commitment you are prepared to invest (usually, a modestly priced sales kit is all that is required for one to get started) Micro-entrepreneurial opportunity that enables you to start a business, within-a-business Free training provided for direct sellers to get started and to grow in the business A way to generate a monthly income or earn money to supplement your income to meet monthly expenditure, cover unexpected medical expenses, save for a holiday, buy a new car or whatever else the need may be Flexible hours and work scheduling, enabling you to work around other priorities such as your family You’re your own boss, which means you can work part-time or full-time, choose when and how much you want to work, set your own goals and determine how you are going to reach them You can choose to work a few hours a week and earn a modest income to help pay the bills, or commit to 40 or more hours a week with the goal of developing a network of direct sellers below you whom you will train and mentor so they too can be successful – and earn you extra income Offers an alternative to traditional employment Offers one of the finest entrepreneurial skill building opportunities in the world - many people find that what they learn from creating a home-based business of their own serves them throughout their lives in ways they never would have dreamed Outstanding personal development potential - companies offer product, business and life skills training, and provide mentorship Leadership opportunities – building and developing others in your team and growing your direct selling business Offers a good way to meet and socialise with people Additional incentives based on product sales (a wide variety of goods in all sorts of product categories) Opportunity for international travel  Building a residual income stream Direct sellers are not employed they are independent contractors operating their own businesses. Direct selling is not “easy income,” you will not “get rich quick” and there are no silver bullets to success. Anyone who promises you any of these things is misleading you.That being said, for people who set realistic goals and enjoy working in a flexible, self-directed environment, direct selling provides limitless possibilities. Not everyone who tries direct selling will succeed – some will find that they just aren’t cut out to sell products and services. And that’s OK. But the beauty of direct selling is that it’s open to everyone, it’s easy to get started, it’s easy to drop out if you find it’s not for you and, who knows, you might discover a whole new person inside you that you never knew existed. WHY PEOPLE GET INVOLVED AND STAY The flexibility of direct selling offers many types of individuals the opportunity to achieve their goals. Whether that is in the form of extra spending money every month, a full-time income or merely the chance to meet new people, the motivations for becoming a direct seller are as varied as the types of people who decide to give it a try. While the motivation is slightly different for each person, most sellers fall into at least one of seven different categories. It’s important to remember, though, that many sellers fit in multiple categories and sellers can move from one category to another. Wholesale/Discount buyers – these direct sellers are mainly interested in buying products they use and love at a discount. In most cases, these sellers place regular orders for their own use and do not actively sell to or recruit others. Short-term/Specific Objectives – these sellers have a specific, short-term goal to reach such as paying for unexpected medical expenses, saving for a holiday, buying a new car, or covering education costs. Some sellers in this category will decide to continue their direct selling business even when they have achieved their goal because they enjoy the supplemental income, others will drop out after having achieved their goal and then rejoin when they have another short-term goal in mind. Part-time/Quality of Life Improvement – these individuals are looking for regular supplementary income and are more likely to continue with the business for an extended period than the short-term goal seekers. They will likely spend less than 10 hours per week on their business and will be looking to generate a steady flow of extra income of around R 2,500-R 3,500 per month. Career (Entrepreneurs) – this group is looking for a full-time business and individuals will dedicate 30+ hours per week to building their business and will often be active recruiters as well as sellers of products. They generally enjoy the opportunity to train and motivate others and consider their direct selling activities to be a career. Social contact – the primary motivation for direct sellers in this group is to meet new people and expand their social circle. They may or may not be interested in earning a regular supplemental income or building a business, but are very interested in the opportunity of meeting a wide range of individuals through their selling efforts. Recognition – sellers in this group love to receive recognition for their achievements and find the element of recognition and reward within direct selling to be extremely appealing. It would be difficult to find a traditional workplace that rewards achievements as regularly or as publicly as direct selling. For individuals who enjoy being recognised for their accomplishments, this is an important motivator. Sharing the Benefits – like wholesale/discount buyers, this group of sellers uses and loves the products and services they sell. However, they also want to share that passion with others. Promoting and selling the product or service is very fulfilling to them because they believe in the benefits of that which they are selling so strongly that they want to share that with others who might find similar benefit. Training and New Skills Not only is there the opportunity of building a business and earning an income with flexible hours of work and you determining your own goals, but also you get trained to do this – free.  Here are just a few of the things that you will learn: How to run a direct selling business Benefits of the products, customer testimonials How to set goals Time management How to find and keep customers How to sell and to recruit Presentation skills Basic business skills, administration, computer training Responsibilities of a direct seller - Code of Conduct Legislative and taxation requirements, earnings claims, product claims Leadership and management skills Group training, peer training, online training, DVDs and supplemental materials are all there to guide you. You are working on your own, but not alone, and will have a support system behind you that’s always there for you. Direct sellers support one another and create friendships that often last a lifetime, and direct selling businesses support the entire team. HOW SUCCESSFUL CAN YOU BE AND HOW MUCH MONEY When considering an opportunity, it’s natural to want to know how successful you’re likely to be. It’s also important to understand that the answer can’t be found just by looking at the number of people who are substantially high earners. There are certainly direct sellers who earn six-figure incomes (and more!), however, that is not the norm and holding all direct sellers to that standard does not create an accurate picture of “success.” Yes, agreed, one common way to measure “success” is through income – the majority of people who get involved in direct selling do so, in whole or in part, because they want to earn money. However, to determine success in terms of income, one must consider doing so in the context of the direct seller’s initial goals. A person who wants to earn R1,000 a month, and does so, is just as successful as someone who develops their business into a six-figure income. Someone who joins with the purpose of buying products at a discount is as successful as a stay-at-home mom who joins to meet to new people and for personal development. Even in a multilevel compensation system, there may be many people who do not earn money from a downline – because they don’t have a downline, and choose not to have one. Of course, a business grows and evolves when new people join as sellers, but recruiting others is not essential to success unless your definition of success involves a level of earnings beyond what you will be able to earn from your own personal sales of the products and services. Success must be analyzed on an individual level, based on personal goals. Direct selling critics will often focus on the small percentage of direct sellers “at the top”. They make it sound like it’s impossible to achieve that level of success, when, in reality, many direct sellers have no desire to devote the time and energy necessary to be a top performer. In fact, the direct selling model has many parallels to a traditional corporate business model. In a corporate model there are a few people at the top (Chief Executive Officer, Chief Operating Officer, Managing Director, Chairman of the Board, etc.) who drive the business and motivate those below them. A large number of directors and mid-level managers execute the business operations and are developing professionally and personally. In a few cases these individuals may one day rise to the senior executive level. Finally, there is an administrative level where one generally finds younger, less experienced people who are learning the business and, depending on their career goals, may continue to climb the corporate ladder or they may leave after a relatively short period of time to pursue other goals. The salesforce structure in direct selling is actually very similar, but in reality the potential for someone to reach the top is much higher. In a traditional business, there are a limited number of desks in the senior executive suite, but in direct selling personal sales and the development of a productive downline will propel you to the top regardless of who else is already there. How much money can you make in direct selling? The majority of direct sellers are part-time and they look at direct selling as a way of bringing in extra money to supplement their income. Part timers work between 5 hours and 20 hours a week and the more hours they put into it, the more they tend to earn. Full time direct sellers literally work at direct selling as if it was a job for an employer, namely 8 to 10 hours a day or even longer. However, with both groups one of the major benefits is that the hours are often very different with a lot more work in the evenings and on weekends, as you have to fit in with your customers, but your hours are very flexible. Direct sellers have to be prepared to learn the business and attend training, and have to realise that it takes work, determination and self-discipline to succeed. For people who want to add R3 000 or so to their monthly income it does not require that much time, but for those who want to earn R10 000 and more, it is extremely hard work. Those earning from R10,000 to R50,000 monthly are investing long-hours, working hard, focussing on personal development, as well as building, training and mentoring their sales teams. Those earning over R50,000 are very much full-time career entrepreneurs in terms of hours, commitment, leadership and management. Highly successful direct sellers who have invested years into their business and developed extremely motivated and successful downlines are earning in excess of R 100,000 per month. The DSA SA acknowledges and thanks WFDSA, US DSA and directselling411.com for contributions to this website. http://www.dsasa.co.za/modules_fe/layout1/default.asp#.VJ7BEDAc

DIRECT SELLING ASSOCIATION OF SOUTH AFRICA

How to get started

Over one million people in South Africa and over ninety-six million people globally, find that direct selling fits their unique lifestyle.         Whether you’re looking for a part-time opportunity to earn supplementary income or if you think direct selling might be a good career choice for you, finding the right opportunity is important. The decision to become a direct seller should be one that you make based on your personal goals. It’s important to clearly identify what you want to achieve and then evaluate companies based on those goals. Don’t be swayed by what others say, as they may have different goals and expectations. Here’s a quick guide to getting started: Identify a company and product range that appeals to you. Many direct sellers are customers of the company prior to joining as a direct seller, so deciding on a company and product range is then easier as you’re already familiar with them. If you’re new to direct selling, a good place to start is the Member Directory to view the member companies of the DSA – there’s almost certainly a company selling a line of products that’s just right for you (all member companies have pledged to abide by and uphold the DSACode of Conduct which is designed to protect both consumers and direct sellers who sell the company’s products). In most cases, from the Member Directory, there is a link to the member company websites that you can also visit. Take your time deciding. There’s no rush to get started, a great opportunity will not disappear overnight, so relax and make sure your decision is the right one. Don’t think short-term, think long-term. Be sure you make your decision based on your personal goals and objectives, and what you want to achieve. If you know anyone who works, or has worked, as a direct sales representative for the company, talk to them about his or her experiences, especially if they have similar goals and objectives to yours as it will make for a better comparison. Ask questions… About the company, its leadership, the products or services, start-up fees (usually the cost of a sales kits and a small administrative fee), realistic costs of doing business, average earnings of direct sellers, return policies, and anything else you’re concerned about. Be sure to ask as many questions as you need to get a good feel for the company, its products and its policies and procedures. If the person recruiting you can’t answer all of your questions call the company directly. Get copies of all company literature. And read it! Be sure to be aware of all requirements before signing on the dotted line. Consult with others who have had experiences with the company and its products. Verify the products or services are actually being sold to consumers. Investigate and verify all information. Do not assume that “official looking” documents are accurate or complete or even produced by the company, as opposed to the person trying to recruit you. If anything seems questionable, then contact the company directly to check it out. Have fun! Direct selling is a source of income, personal satisfaction, personal growth and perhaps most importantly – fun! http://www.dsasa.co.za/modules_fe/layout1/displayfull.asp?id=48#.VJ6_3DAc

Multi-Level Marketing Explained

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Many multi-level marketing "opportunities" are work from home scams. Multi-level marketers sell all sorts of products from makeup to internet access. It's important to understand and avoid the costly mistake of getting involved with an illegitimate business opportunity.

How Multi-Level Marketing Works

In multi-level marketing, the company produces a product or sells a service. An independent distributor sells that product or service and recruits other independent distributors to sell it. The distributor earns a commission on what they sell directly plus a commission on what their recruits sell. The promise to distributors is that the more they can recruit others, the more money they can make. The idea is that there will be an endless line of new distributors, and therefore more and more money. 

Multi-Level Marketing Vs. Pyramid Schemes

Multi-level marketing is often confused with pyramid schemes. A pyramid scheme is where someone gets a commission for signing people up for paid memberships. For example, a distributor signs up recruiter "A" to join a membership plan for $50.00 a month and in return earns a commission. When recruiter "A" sells a membership to recruiter "B," both the distributor and recruiter "A" earn a commission on that sale. Pyramid schemes are illegal and some are disguised as multi -level marketing and affiliate marketing programs. You can spot a pyramid scheme if sales are mainly generated from recruiting new members and not selling the products or services to the general public. Be on the lookout for any request for payments to join a membership program with the promise to make money selling other memberships for a commission. The Federal Trade Commission's advice is, "Avoid plans that require you to recruit distributors, buy expensive inventory, or commit to a minimum sales volume."

Multi-Level Marketing Programs: Work From Home Scams

Many multi-level marketing programs are work from scams because you have to pay to join, and you lose money trying to recruit others. New recruits may be asked to buy their own inventory. For instance, a makeup company might ask its sales people to buy makeup at a discount to have on hand to sell directly. Another example of costs is the requirement to buy your own membership before you'll be allowed to sell memberships to others. The reason why many people don't make money is because most multi-level marketing programs require you to sell mainly to other distributors, and not to the general public. Asking someone to be your seller, rather than a buyer, is difficult.  Most people want to buy products, not sell them.

While there may be legitimate multi-level marketing programs, the risks and costs of finding yourself involved with a cleverly disguised pyramid scheme may not be worth it. Many people who have signed up for famous multi-level marketing plans have been left disappointed, and out of much needed money.

http://www.wahm.com/articles/multi-level-marketing-explained.html