Tuesday, May 27, 2014

Fun Facts

Unique not only in the direct selling industry, but among retail brands as well, Vessel has created a new product category: Scented Jewelry. Combining these two products that nearly all women love, fragrance and jewelry, Vessel is on track for success and sustained growth.

Fascinating facts from the fragrance and jewelry industries:

The research firm EUROMONITOR International predicts US retail fragrance sales to reach $6.1 billion and US retail jewelry sales to reach $64 billion for a five year forecast period. Outside the US these numbers skyrocket, meaning there is an enormous global financial potential for Vessel.

Set part from traditional jewelry and fragrance, Vessel's new product category is combined with a business opportunity in the fun, social selling environment of direct sales.

Fantastic facts from the direct selling industry:

76% of sellers have been with their company 1+ years
78% of sellers say direct selling meets or exceeds their expectations
82% of sellers report a good, very good or excellent experience with direct selling
74% of US adults have purchased products from a direct seller
15.9 million people in the US are involved in direct selling
$31.63 billion in total US sales
$166.9 billion sales worldwide

These fun facts should help us see the tremendous financial opportunity in front of us!


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