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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4 Comments:

At 8/22/2005 09:15:00 AM, Blogger anti-passport said...

we will see about all that but as i have noticed there has never been any growth by "passport" poor Bo has never let any one know the debt or profit passport has done. just would like to piont the out

thank you "6000 pv and growing"

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

What does this post have to do with Passport?

 
At 8/23/2005 02:12:00 PM, Blogger Ty Tribble said...

Just an FYI: Passport has zero debt.

 
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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