« War and Quixtar | Main | It's all about Compliance »
March 18, 2003
I did not know that
By QBlog in
According to Alticor's own report for 2002 over two-thirds of the company's revenue comes from Asia. That's right. Asia. Who knew? I had no idea. Amazing.
That means that of the $4.5 billion Alticor generated in sales, around 70% of that money came from Asia. And in Asia the countries with the most significant growth and sales were Korea, China, India and Thailand. Amazing. I had absolutely no idea.
Additionally, sales in Japan, Europe and North America were not quite so spectacular due to "difficult economies."
I have no idea what the economic state of any Asian country is but I do know that with the possible exception of Korea, all the countries with the most reported growth are the least developed and modernized while the countries with the sluggish sales have the most modern and developed societies.
Am I insinuating anything? No, not really. Just stating a couple of thoughts that came into mind. I could also say that the high sales areas watch less television than the other countries and it would probably be true and yet not prove much of anything.
I just heard something the other day and I'm trying to see if it's true or not. Someone told me that Alticor (which was formerly Amway) has seen declining sales since 1997. Just trying to verify that and it's not easy. For some reason Alticor isn't even listed in the Fortune 500.
Finding info on Alticor, Amway, Quixtar and Access Business Group is not easy.