Thursday, August 18, 2005

Zero growth in Quixtar?

InternetRetailer.com - Daily News for Wednesday,August 17, 2005

For its 2005 fiscal year, which ends Aug. 31, Quixtar expects web sales to be about $748 million, essentially the same e-commerce revenues as 2004. “Sales will be about the same this year,” Brancino says. “But we expect to grow web sales nicely in the 2006 fiscal year.”

Same revenue means zero growth. It is ok for an eCommerce site. But what does it tell about MLM status? No team exploded? Same revenue means same number of IBOs. Shouldn't be any new Diamond then. Unless some previous ones fell out of qualification.

This is another flaw of MLM. Same revenue is not a bad thing but in Quixtar, it means that all the plan showing, tape listening, driving the miles didn't help any one move forward. Or some volume generating IBOs moved backward and some moved forward.

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2 Comments:

At 8/23/2005 09:34:00 AM, Blogger B said...

What does this post have to do with Passport?

 
At 9/05/2005 12:18:00 PM, Anonymous Anonymous said...

So let's see the profit & the numbers! Still waiting?! :0)

 

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