Amway India: Nutrilite The Biggest Brand

By Sayantika, Gaea News Network
Tuesday, March 9, 2010

NEW DELHI, India, (GaeaTimes.com)-Amway India ‘Nutrilite’ has established itself to be the largest brand in vitamins & dietary supplements.’Nutrilite’ reportedly is the biggest brand in India that has passed the sales mark of Rs 750-crores. William S Pinckney, the current CEO and MD for Amway India said to the media that its exciting to witness how the company has prospered so well and is apprehensive of the fact that Nutrilite has received the stamp of trust coming from the end of Indian consumers. They are looking forward to a 25 per cent growth in a couple of years to come.

Brand “Amway” offers its product ranges throughout 29 categories that contributes 55 per cent of the company total turnover which is estimated around Rs 1,407 crore. Amway’s parent company, namely Alticor Inc had declared a record sales of more than US$8.4 billion for the year ending Dec. 31, 2009. It was a 2.3 percent increment from over the year 2008. Noticeably, the sales were highly affected owing to all foreign currency and their subsequent fluctuations.

Over the years, Amway has established itself to be a pioneer in and as a direct selling industry offering itself to be one of the best in the business. “NUTRILITE” happens to be Amway’s most sought after brand dealing in products. Nutrilite is also the best in offering supplements for children and adults likewise. Amway employs a direct selling for all potential customers, wherein the IBOs themselves shall earn income from both retail markup on products which they might sell personally. Alongside, it shall also give a boost to the sales volume to be generated heavily.

Filed under: Business
YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :