Still think Multi-Level and Network Marketing companies are pyramid schemes? Does a $600 Million buy-in change your mind?
Coty Cosmetics is spending 600 Million for a 60% piece of Younique’s MLM cosmetics company. Younique has been known, by its members, as a solid performing MLM company for some time. Now others are seeing the values and spending big money to get on board.
Coty to buy 60 percent stake in Younique for about $600 million https://t.co/sR6FsHg9Rx
— Reuters Business (@ReutersBiz) January 10, 2017
Much of Younique sales are made through participants on their individual social media accounts and websites. This is a great illustration of the power of online Network Marketing. Forget what you think you know. Recommending great products that are useful to others is the best type of selling there is.
Get more information from the Coty Investor Relations Page.