To be ranked the #1 online Health and Beauty retailer for the third year in a row is a tremendous compliment to the Independent Business Owners across the U.S. and Canada who drive the sales at www.quixtar.com
Grand Rapids, MI (PRWEB) June 5, 2006
Quixtar Independent Business Owners (IBOs) propelled the company once again to its ranking as the top online retailer in the Health & Beauty (H&B) category and 20th overall based on web sales in Internet Retailer’s annual Top 500 Guide to the web.
Internet Retailer’s Top 500 guide ranks America’s largest retail websites based on 2005 sales. According to the publication, online sales topped $109 billion in 2005, a 25% increase over 2004 sales. Quixtar had $751 million in online sales last year, out of $1.058 billion in total sales.
“To be ranked the #1 online Health and Beauty retailer for the third year in a row is a tremendous compliment to the Independent Business Owners across the U.S. and Canada who drive the sales at http://www.quixtar.com,” says Jim Payne, Quixtar’s Managing Director. “With the hard work and dedication of Quixtar IBOs and the launches of exciting new products under our NUTRILITE® and ARTISTRY® brands, among others, we look forward to continued growth in web sales.”
Payne also noted that the Quixtar business model is well-suited for the future of web sales. “More and more companies are looking for ways to engage in word-of-mouth, or viral, marketing,” says Payne. “The Quixtar business model has always been about word of mouth. Quixtar IBOs work very hard to share this business opportunity and the products and services it offers with others. Their success is evident not just in the sales numbers they generate for Quixtar, but in the more than $1.7 billion in bonuses and incentives they’ve earned since we launched in 1999.”
About Quixtar Inc.
Quixtar Inc., a subsidiary of Alticor Inc., is a business opportunity company that offers entrepreneurs the ability to have a web-based business of their own. Through Quixtar's Independent Business Owner Compensation Plan, individuals are rewarded for product sales resulting from their business-building efforts.
Since 1999, Independent Business Owners (IBOs) powered by Quixtar have generated $5.3 billion in sales at http://www.quixtar.com plus more than $396 million for Partner Stores, earning more than $1.72 billion in bonuses and other incentives. Their efforts have propelled Quixtar to be named the number one online retailer in the Health & Beauty category based on sales, and 20th among all e-commerce sites, according to Internet Retailer's "Top 500 Guide."
Based near Grand Rapids, Mich., Quixtar currently supports independent businesses in the U.S., Canada, Puerto Rico, and various trust territories and independent island nations in the Pacific and Atlantic Oceans and Caribbean Sea. Quixtar Canada Corp. headquarters are located in London, Ont., Canada.