Global 100 List - Direct Selling News

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The ranking criteria is net sales revenue from direct selling operations before commissions and without value-added tax. Global 100 List 2021. The 2021 DSN ... Global100List Global100List2022NominationForm 2022RevenueCertificationForm SubmissionDeadlineisMarch15,2022. TheGlobal100Listoffersauniqueperspectiveontheglobalimpactoftheindustrybyrecognizingcompaniesexceeding$100millioninannualrevenue.Itprovidesarangeofmutuallearningnotonlyforindustrymembersbutalsoforresearchers,investorsand—mostimportant—thoseseekingopportunitieswithintheindustry. Recognitionforeachofthesecompaniesistheculminationofmonthsofresearchandthecooperationofmanyindividualsaroundtheworld.Whereverpossible,theDSNteamseeksoutpublicrecordsanddocumentsforpubliclytradedcompanies,andnearly80percentoftheDSNGlobal100dataiscompiledfromprivatelyheldcompanies. Toparticipate,acompanyneedonlysubmitanetrevenuenumbervalidatedbytheCEOandcertifiedbyaqualifiedagentviaRevenueCertificationForm(RCF).Therankingcriteriaisnetsalesrevenuefromdirectsellingoperationsbeforecommissionsandwithoutvalue-addedtax. Global100List2021 The2021DSNGlobal100listacknowledged64companiesachievingmorethan$100millioninrevenuefor2020.ThepurposeoftheGlobal100listremainstoshowcasetheimpactofthischannelonpeople’slivesaswellastheeconomicimpactdirectsellingcompaniesmakeonthecommunitiestheyserve. Onourlistof64,atotalof18companiesgrewby$100Mormorebetween2019and2020.Nineofthetop10companiesareincludedinthatgroup. DSN thanksallthecompaniesthatwillinglyparticipatedintheGlobal100aswellasthededicatedteamofresearcherswhohelpedpresenttheremarkableachievementsofdirectsellersaroundtheglobe. FrequentlyAskedQuestions WhydidDSNstarttheGlobal100list?DSNcreatedtheGlobal100listtoacknowledgetheachievementsofdirectsellingcompaniesandtoprovideaclearpictureofthemagnitudeoftheindustry.Justaseverycredibleindustryranksitsplayers—throughInc.500,FORTUNE500,andForbes’lists—DSNwantedtoshowthepublicwhataviableandcredibleindustrydirectsellingis. WhousestheGlobal100list?TheDSNGlobal100listoffersauniqueperspectiveontheglobalimpacttheindustryhasoneconomicandsociallevels.Itprovidesascopeoflearningnotonlyforindustrymembers,butalsoforresearchers,investorsandthoseseekingopportunitieswithintheindustry.WhenDSNbegantherankingin2010,itwascommittedtocreatingafairrankingthatwouldshowcaseatransparentindustry,thusprovidingcredibilityandconsumerconfidenceaswellasresearchsupportforthosedesiringinformationondirectsellingcompanies. WhatresearchprocessisutilizedtoproducetheGlobal100ranking?TheidentificationofthecompaniestoincludeintheDSNGlobal100lististheculminationofmonthsofresearchandthecooperationofmanyindividualsthroughouttheworld.Whereverpossible,theDSNteamseeksoutpublicrecordsanddocumentsforpubliclytradedcompaniesexceeding$100millioninannualrevenue.Additionally,theteamreachesouttotheprivatecompaniesthatmayqualifyfortheranking.ResearchbeginsinDecemberandcontinuesthroughtothepublicationoftheGlobal100list.Tofullyreflecttheglobalreachofdirectselling,eachyear,DSNhasbeenabletoextendtheboundariesofresearchbyworkingwithresearchpartners,includingChina-basedWorldDirectSellingResearchInstitute,toobtaininformationoninternationalcompanies. Howisprivatelyheldcompanydatacompiled?Nearlyfour-fifthsoftheDSNGlobal100dataisderivedfromprivatelyheldcompanies.Mostofthisdatacomesfromthecompaniesthemselves,whichsubmitarevenuenumbervalidatedbytheCEOandcertifiedbyaqualifiedagent,andwhentheysubmittheyenhancethevalueoftheindustry’sstrategicobjectivetoshowcaseamuchmoretransparentbusinessmodel.Thesecompaniescouldhavechosennottoparticipate;however,theircooperativespirit,whichsoexemplifiesthisuniqueindustry,makestheGlobal100rankingpossible. WhatrevenuenumberdoesDSNaskforintheresearchprocess?ToparticipateintheDSNGlobal100,acompanyneedonlysubmitanetrevenuenumbervalidatedbytheCEOandcertifiedbyaqualifiedagent.DSNdoesnotrequestconfidentialfinancialdocuments.DSNrespectsthefinancialprivacyofalldirectsellingcompanies,askingthatacompanyonlyrevealtheannualrevenuenumberthatwillallowittobeplacedintheranking. WhatisthepurposeoftheRevenueCertificationForm(RCF)?InanefforttofurtherensuretheintegrityoftheGlobal100list,DSNinstitutedtheRevenueCertificationForm,orRCF.TheRCFrequiresallprivatecompaniestohavetheirrevenuenumbervalidatedbytheCEOandcertifiedbyaqualifiedagent(eitherattheapplicantcompanyoranoutsideindependentsource).DSNbelievesanycompanyperforminginamannerwarrantingidentificationandrecognitionasoneoftheGlobal100companieswouldproudlyshareitsrevenuenumberinamannerdeemedfairtoall. Whyisn’tValue-AddedTaxincludedintherevenuenumber?Therankingcriteriaisnetsalesrevenuefromdirectsellingoperationsbeforecommissionsandwithoutvalue-addedtax.TheVAT,fromDSN’sperspective,iscertainlyanintegralpartofthesalesperson’slife;however,itisnotapartofthecorporaterevenueaswetrackit. Whyaren’tsomecompaniesIknowofonthelist?TherearebothnationallyandinternationallybasedcompaniesworthyofrecognitionintheDSNGlobal100rankingthatdonotappearonthelist.Ifyoudonotseeaspecificcompanyitcouldbethat(1)thecompanywascontactedbutdeclinedtoparticipate,(2)thecompanydidnotrespondtorequests,or(3)thecompanydidnotsubmitinformationintime.Eachyear,newcompaniescomeontotheradarscreenandeveryattemptismadetoconnectwiththem. 2020’STop10COMPANIES One Amway | USA $8.5B Two Natura&Co | Brazil $7.16B Three HerbalifeNutrition | USA $5.5B Four Vorwerk | Germany $4.48B Five Coway | SouthKorea $2.8B Six NuSkin | USA $2.5B seven Primerica | USA $2.2B seven YoungLiving | USA $2.2B Nine eXpRealty | USA $1.8B ten PM-International | Germany $1.71B SeeCompleteList RelatedArticles January29,2022 Readmore December27,2021 Readmore October15,2021 VIPCommunity Readmore TheNewDSNWeeklyDashboard Oneemail.Onceaweek.Onlytheessentials. 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