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Logo of the Million Dollar Round Table. The Million Dollar Round Table (MDRT) is a trade association formed in 1927 to help insurance brokers and financial advisors establish best business practices and develop ethical and effective ways to increase client interest in financial products, specifically risk based products like life insurance, disability and long term care. [1]
International Heritage Inc. (IHI) was an American pyramid scheme and MLM company. The company was founded in 1995 by Stanley H. Van Etten, Larry G. Smith and Claude William Savage, and started with marketing and sales of luxury items such as jewelry and golf equipment. In reality, the products were almost exclusively traded by the company's own ...
Beautycounter (dissolved in 2024); Betterware (placed into administration in 2018) [23]; Black Oxygen Organics (shut down in November 2021) [24]; BurnLounge (shut down as pyramid scheme by FTC in 2012)
Multi-level marketing (MLM), also called network marketing [1] or pyramid selling, [2] [3] [4] is a controversial [4] and sometimes illegal marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or ...
Amway Corp. (short for "American Way") is an American multi-level marketing (MLM) company that sells health, beauty, and home care products. [2] [3] [4] The company was founded in 1959 by Jay Van Andel and Richard DeVos and is based in Ada, Michigan. [5] Amway and its sister companies under Alticor reported sales of $8.9 billion in 2019. [1]
Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. [3] The company manufactures most of its nutritional products, dietary supplements, and skincare products at a West Valley City facility. Its ...
SeneGence International, Inc. (also known as SGII, Inc.) is a privately owned American multi-level marketing (MLM) company that sells skincare and makeup products, including the LipSense product line. The company was founded in 1999 by Joni Rogers-Kante who is the CEO and chair.
The Trump Network was a multi-level marketing company named after businessman (and, later, 45th U.S. President) Donald Trump.The company, which sold vitamins and health products, was initially founded as Ideal Health in 1997, before being renamed in 2009 as part of a licensing agreement between Trump and the owners.