Quixtar #1 in Online Health & Beauty Sales for Fourth Consecutive Year - Internet Retailer
For the fourth consecutive year, Internet Retailer has ranked Quixtar as the top online retailer in the Health & Beauty (H&B) category, placing 22nd overall based on web-generated sales.
Grand Rapids, Mich. (PRWEB) June 6, 2007 -- For the fourth consecutive year, Internet Retailer has ranked Quixtar as the top online retailer in the Health & Beauty (H&B) category, placing 22nd overall based on web-generated sales.
Internet Retailer's "Top 500 Guide" ranks America's largest retail websites based on 2006 sales. According to the publication, online sales topped $136 billion in 2006, a 21% increase over the previous year. Of Quixtar's $1.118 billion in 2006 revenues, $880 million were generated online, up 10% from 2005 online sales of $800 million.
"Quixtar Independent Business Owners (IBOs) deserve the credit for our high ranking and our continued business success," says Jim Payne, Quixtar's Managing Director. "Our business model relies on their efforts to drive sales at www.Quixtar.com, and as a result they earned more than $370 million in bonuses and incentives last year."
Quixtar's continued success in H&B also can be attributed to the strong showing of exclusive brands like NUTRILITE® nutritional supplements, ARTISTRY® skin care and cosmetics, XS™ Power Nutrition, and others.
"We're very pleased with Quixtar's performance last year and excited about our prospects for 2007," says Payne. "We're working on a number of new programs to help more IBOs make more money sooner, including initiatives to increase awareness of our Nutrilite and Artistry brands and to create stronger product pathways to profitability. Those efforts include product portfolio enhancements, additional training, and improvements to our compensation program. We hope these efforts will help maximize the partnership with IBOs that we enjoy and that is critical to our business success. "
About Quixtar Inc.:
Quixtar Inc. offers a business opportunity that allows people to have a business of their own based on retailing products and sharing the opportunity with others who will do the same. Quixtar supports Independent Business Owners (IBOs) with a proven compensation plan, portfolios of quality products in health, beauty, and other consumer categories, plus the merchandising materials, training, and education they need to be successful. IBOs also are supported by communities of those who have succeeded in Quixtar businesses before them.
Since 1999, Quixtar IBOs have generated $6.8 billion in sales through Quixtar.com, plus more than $500 million for Quixtar Partner Stores. These sales have earned IBOs more than $2.2 billion in bonuses through the QUIXTAR® Independent Business Owner Compensation Plan plus other incentives.
A subsidiary of Alticor Inc., Quixtar 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.
Related Links
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InternetRetailer.com
Related Links
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QuixtarNewsroom.com
InternetRetailer.com
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