19-08-2016, 11:42 AM
Is the company special among DS companies? IMO, conclusion based on Taiwan recent success, is premature.
Will the company become one of tomorrow global champions?
First of all, what make a DS company great?
- Great product. Few products of the company, has withstood the test of time. DR Secret/Seager and Optrimax are the few products, which well-accepted by consumers more than a decade. The company products are also suitable for DS, which are require high touch and personal service.
- Sustaining product innovation, based on previous successes. We knew, the company has regular new product launches.
- Effective training, promotional events. Training is always a big part of company strategy. Few will dispute with the company's ability on motivational speeches. Anyone?
- Compensation of distributors and members. Based on the distribution expenses in ARs, the compensation is competitive.
- Financially strong and viable. DS revenue, could be volatile with its biz model, thus financially strong is very important, IMO. The company is debt-free, and financial ratio and cash flow are good.
The company has the key ingredients, the rest is luck and execution, IMO. What do you think?
(not vested, why? price not right )
P/S: Online facilities have been deployed by other major DS companies for years, but no success highlighted in their ARs. I reckon, the online facility might reduce the logistic cost, but will not play significant role in profitability and biz growth. I don't know the reason? May be personal touch, is still the big part of the biz model, and non-replaceable by machine. Any comment?
Will the company become one of tomorrow global champions?
First of all, what make a DS company great?
- Great product. Few products of the company, has withstood the test of time. DR Secret/Seager and Optrimax are the few products, which well-accepted by consumers more than a decade. The company products are also suitable for DS, which are require high touch and personal service.
- Sustaining product innovation, based on previous successes. We knew, the company has regular new product launches.
- Effective training, promotional events. Training is always a big part of company strategy. Few will dispute with the company's ability on motivational speeches. Anyone?
- Compensation of distributors and members. Based on the distribution expenses in ARs, the compensation is competitive.
- Financially strong and viable. DS revenue, could be volatile with its biz model, thus financially strong is very important, IMO. The company is debt-free, and financial ratio and cash flow are good.
The company has the key ingredients, the rest is luck and execution, IMO. What do you think?
(not vested, why? price not right )
P/S: Online facilities have been deployed by other major DS companies for years, but no success highlighted in their ARs. I reckon, the online facility might reduce the logistic cost, but will not play significant role in profitability and biz growth. I don't know the reason? May be personal touch, is still the big part of the biz model, and non-replaceable by machine. Any comment?