vf gordon hester

Upload: wnwllc

Post on 30-May-2018

233 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/9/2019 VF Gordon Hester

    1/71

  • 8/9/2019 VF Gordon Hester

    2/71

    Right Opportunity = Right Culture

  • 8/9/2019 VF Gordon Hester

    3/71

    Simple Opportunity Analysis System

    ProvenPreparedPositioned *

    * Major focus of this training

  • 8/9/2019 VF Gordon Hester

    4/71

    NSA Mission Statement

    To build a stable andlasting company that whelp as many people apossible to realize the

    dreams.

    Jay MartinPresident & Founder

  • 8/9/2019 VF Gordon Hester

    5/71

    Proven - NSAMultiple successstories over 40 years/ over $7 billion insales

    Management Teamis proven in all

    cycles

    Business Failure Rates(Pre-Recession)1 year 50%5 years 80%10 years 96%

  • 8/9/2019 VF Gordon Hester

    6/71

    Giving Back

  • 8/9/2019 VF Gordon Hester

    7/71

    Prepared - NSAFinancially Sound

    Privately held

    Debt free

    International (22 mark

    16 year product history

    Long-term corerelationships in place

    Sales & support systemplace

  • 8/9/2019 VF Gordon Hester

    8/71

    Prepared NSAInvesting in Future

    Studies

    SystemsRelationshipsMarkets

    Primary Studies / EntranBarrier

    Voices For CompanyCredible DoctorsMedical & AcademiInstitutionsOlympic RelationshiNSF

  • 8/9/2019 VF Gordon Hester

    9/71

    Healthcare Professionals

    Bill Sears, MD

    Pamela Benitez, MD Richard DuBois, MD

    Mitra Ray, PhD

    David Katz, M.D.

    Isadore Rosenfeld, M.D.

  • 8/9/2019 VF Gordon Hester

    10/71

    Juice Plus+ Clinical Research AffiliationsDomesticBrigham Young UniversityGeorgetown / UCLAUniversity of Arizona

    University of California, LAUniversity of FloridaUniversity of Maryland School of MedicineUniversity of Mississippi Medical Center University of North Carolina-GreensboroUniversity of South CarolinaUniversity of Texas Health Science Center University of Texas/MD AndersonVanderbilt University School of MedicineWake Forest UniversityYale University-Griffin Hospital

    InternationalCharite University, Berlin, GermanyKings College, London, EnglandMedical University of Graz, AustriaTokyo Womens Medical University, University of Birmingham, EnglandUniversity of Milan, ItalyUniversity of Sydney, AustraliaUniversity of Wurzburg, Germany

    *Over $10 million invested to prove that Juice

  • 8/9/2019 VF Gordon Hester

    11/71

    Juice Plus+ Clinical Research UnderwayResearchers fromUniversity of Mississippi Medical Center Wake Forest University, funded by the National Cancer Institute of the National Institutes of

    HealthUniversity of Texas/MD Anderson Cancer Center University of Milan, ItalyYale University-Griffin Hospital Prevention Research Center University of South CarolinaUniversity of North Carolina-GreensboroUniversity of Wurzburg, GermanyUniversity of Birmingham, EnglandUniversity of Birmingham, EnglandCharite Medical UniversityOntario, CanadaGermany

    are investigating effect(s) of Juice PluPregnancy health

    Nutritional status and various markers of cell health

    Nutritional status and quality of life

    Nutritional status in smokersEndothelial function

    Measuring the markers of systemic inflammation in heExercise-related muscle fatiguePeriodontal (gum) healthPeriodontal (gum) healthHealthy healing from wisdom tooth extractionNormal activity days lost over the cold winter seasonMarkers of oxidation in healthy adults

    Markers of skin health

  • 8/9/2019 VF Gordon Hester

    12/71

    Clinical Research

    Provides bioavailable nutriti

    Reduces oxidative stress

    Helps support the immune s

    Helps Protect DNA

    Promotes cardiovascular we

    Proves Everyone Needs ITimeless vs. Timing

  • 8/9/2019 VF Gordon Hester

    13/71

    Official Olympic Supplier

  • 8/9/2019 VF Gordon Hester

    14/71

    Juice Plus+3 rd Party Credibility

  • 8/9/2019 VF Gordon Hester

    15/71

    NSA Positioned Momentum Drivers

    1. System Expansion (Before, Now, Future)2. Market3. Timing4. Business Model5. Expansion Possibilities

    Right Decision at the Right Time with the Right Culture

  • 8/9/2019 VF Gordon Hester

    16/71

    NSA / Juice Plus+ Systems

  • 8/9/2019 VF Gordon Hester

    17/71

    Business Stages and Systems

    Innovation Marketing Admin / Manage

  • 8/9/2019 VF Gordon Hester

    18/71

    Sales Systems

    1. Home Health Parties2. Childrens Health Foundation3. Professional Support Programs4. Face-to-Face w/ Juice Plus+ Tools5. Wellness Presentations (Company Sponsored)

    6. Internet Lead Systems

  • 8/9/2019 VF Gordon Hester

    19/71

    Sales Support - WebsitesPersonalized Juice Plus+ Websiteswww.juiceplus.com

    www.juiceplusfacts.comwww.juiceplusreviewed.comwww.juiceplusvirtualfranchise.comwww.childrenshealthstudy.comwww.juiceplus.com/eventswww.juiceplus.com/kidsvideoswww.juiceplus.com/youtube

  • 8/9/2019 VF Gordon Hester

    20/71

    Other Sales Support Tools

    DVDs + CDs

    Brochures / Marketing Materials (including online material)Connection to All International MarketsJuice Plus+ Facebook PagePrevention Plus Newsletter Juice Plus+ Experience MagazinePromo Plus

  • 8/9/2019 VF Gordon Hester

    21/71

    Distributor Support(Focus: Distributor Success vs. Distributor Enrollment)

    Virtual OfficeVoice ComTraining on All Aspects of Business (traditional and online)Assistance From Health and Nutritional ExpertsCorporate Business Partner Program

    C P

  • 8/9/2019 VF Gordon Hester

    22/71

    Customer Programs

  • 8/9/2019 VF Gordon Hester

    23/71

    Juice plus+ effect

    Plant the seed of One Year benefits - using JPCHSEmphasize clinical research to support health benefitsDiscuss complimentary product offer Establish health awareness using the 90 day survey

    D t ti B t C ti

  • 8/9/2019 VF Gordon Hester

    24/71

    Children

    They are eating more fruits and vegetables inaddition to taking Juice Plus+

    59%

    They are drinking more water 67% 79

    They are eating less fast foods and drinking fewer soft drinks

    71%

    They are taking less prescription or over the counter medication

    55%

    They are missing less school work 55% 51%

    They are more aware of their health in general 86% 88%

    Documentation Beats Conversation

  • 8/9/2019 VF Gordon Hester

    25/71

    Test Market Results

  • 8/9/2019 VF Gordon Hester

    26/71

    Test Market Results

  • 8/9/2019 VF Gordon Hester

    27/71

    100 Day EmaCampaign

  • 8/9/2019 VF Gordon Hester

    28/71

    New Juice Plus+ Effect Brochure

  • 8/9/2019 VF Gordon Hester

    29/71

    Seek ways to affect representative behavior asit relates to enhancingcustomer experience.

    Encawico

    OPTIMIZING THE JUICE PLUS+ CUSTOMER EXPERIENCE

    Seeks ways to connect toour customers such that we add to therepresentativerelationship.

    Distributor Behavior

    Connect With CustomersManage Relation

    Comm

    J i Pl M F l

  • 8/9/2019 VF Gordon Hester

    30/71

    Juice Plus Momentum FunnelBase of Business

    Customer core is almost 90% of sales

    Distributor core driving business growth

    Leaders to drive growth of entire NSA culture

    ProspectsCustomersRelationships

    DistributorsDNT - DDDD - VFVF - QB

    QB - SCSC - Leader Expansion of leadership

    Dashboard Reading

    ProspectingRetention

    Business RecruitingMovement toward SC

    New leadership

    Retention of leadershEngagement of leader

    Stage 1

    Stage 2

    Stage 3

    (JP

  • 8/9/2019 VF Gordon Hester

    31/71

    NSAs Role

    Product Research & Development

    Product ManufacturingProduct LogisticsProduct MarketingProcess OrdersShip Directly to CustomersCollect PaymentsFinance PaymentPay You & Your TeamAccount For All DataAccess Through Virtual Office

    THE JUICE PLUS+ VIRTUAL FRANCHISE

    Reps Role

    Prospect / Educate

    Build RelationshipsShare Juice Plus+Administer Order Follow-upLook For Business InterestBuild a Team - EnrollManage a Team - TrainInspire a Team - AppreciatePursue Your DreamsSupport the Dreams of Others

  • 8/9/2019 VF Gordon Hester

    32/71

    Stability and Projected Growthof Global Nutrition Industry

    Gl b l N t iti I d t 1995 2014

  • 8/9/2019 VF Gordon Hester

    33/71

    Global Nutrition Industry 1995 2014e

  • 8/9/2019 VF Gordon Hester

    34/71

    Global Nutrition Industry Sales By Region$270 Billion in 2008

    U S N i i I d S l G h (2000 2017 )

  • 8/9/2019 VF Gordon Hester

    35/71

    U.S. Nutrition Industry Sales Growth (2000 2017e)

    Source: Nutrition Business Journal

    $160,000

    $140,000

    $120,000

    $100,000

    $80,000

    $60,000

    $40,000

    $20,000

    $02000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

    Sales ($M) GrowthSales ($M)

    2012 2013 2014 2015 2

    $180,000

  • 8/9/2019 VF Gordon Hester

    36/71

    U.S. Nutrition Industry By Sales Channel

    Source: Nutrition Business Journal

  • 8/9/2019 VF Gordon Hester

    37/71

    U.S. Dietary Supplement By Sales Channel

    MLM Component:Growth is about 20% each year (2006

    Source: Nutrition Business Journal

  • 8/9/2019 VF Gordon Hester

    38/71

    U.S. Consumer Use of Dietary Supplements

    Consumer Type

    Population(Mil)

    % of Population

    Purchases /Month

    $ Spent /Month

    Annual Total($ Mil)

    % of Mark

    HeavyConsumers

    10.9 4.6% 4.75 $50.09 $6,566 26.9%

    Regular Consumers

    84.1 35.3% 1.2 $12.13 $12,235 50.2%

    OccasionalConsumers

    60.0 25.2% 0.6 $5.80 $4,174 17.1%

    Rare Users 39.8 16.7% 0.3 $2.95 $1,409 5.8%

    Non-Users 43.2 18.2% 0.0 $0.00 $0 0.0%

    Adults Total: 238.0 100.0% $24,384 100%

    Source: Nutrition Business Journal

  • 8/9/2019 VF Gordon Hester

    39/71

    Main Factors Driving NutritionAging global population

    Continued growth of diabetes, heart disease, cancer and other chronic health ailments linked to poor nutrition

    Growing middle class in key countries (China, Brazil, India) that (1) have more money, (2) are educated on vhealth & wellness

    Regulatory changes

  • 8/9/2019 VF Gordon Hester

    40/71

    The Growth of TheWellness Movement

  • 8/9/2019 VF Gordon Hester

    41/71

    0

    10

    2030

    40

    5060

    70

    8090

    100

    1% 10%

    50%

    90%99%

    Innovation Maturity

    .1%

    99.9

    Growth

    The S-Curve

  • 8/9/2019 VF Gordon Hester

    42/71

    Percent ofHouseholds

    47%2000

    50%

    10%

    20081990

    1995

    2001

    Time

    Innovation Growth Maturity100

    908070605040

    302010

    01994

    90%

    .1% 2%

    13%

    Mobile Phone S-Curve

    Source: Forrester, Census Bureau

    58%

    2002

    200786%

    H lth Di ti it

  • 8/9/2019 VF Gordon Hester

    43/71

    Healthcare DiscontinuityPeter Drucker Application of S-Curve To Healthcare

    Alder, Richard; Physician Executive 1995

    Time | Energy | Money

    ChaosConfusioTurmoilFear

    Illness

    Wellne

    Saturation

    Awareness = Broken(System + Results)

    Change = SolutionsBeing Implemented

    Conclusion: Fixing Illness Does NOT Wor

  • 8/9/2019 VF Gordon Hester

    44/71

    Conclusion: Fixing Illness Does NOT Wor

    1980 1990 2000 2010 2020

    2

    46

    8

    10

    American Institute for Research Analysis of

    $Trillions

    12

    14

    16

    0

    18

    Window of Opportunity

    Timeline of Window = ???Financially Breaking System = When, Not If

  • 8/9/2019 VF Gordon Hester

    45/71

    Awareness Chronic Disease GloballyWHO (World Health Organization) noted that chronic diseases are the major cause of death and disability worldwide

    WHO stated that in 2008 chronic disease killed more than 35 million people annually, twice as much as infectious disease

    Chronic disease is responsible for approximately 80% of all disease and injury

    Chronic disease is responsible for over 2/3 of all health expenditures

    Impacting economics of individuals, businesses, & governments

    Worldwide media attention is driving exposure of Wellness

    Important Conclusions:1. Chronic disease is having a major economic impact on the Global Economy. That reality is driving 2. Chronic disease is primarily preventable. That reality is driving the Wellness Movement

    Awareness U.S.

  • 8/9/2019 VF Gordon Hester

    46/71

    Chronic Disease Is Major Issue

    Amount Spent In 2007 (Trillions)

    $0

    $.5

    $1.0

    $1.5

    $2.0

    $2.5

    USFood

    300MPeople

    ChinaPersonal

    Consumption 1.2M

    People

    U.S.

    Healthcare

    U.S.Healthcareon

    PatientsWith Oneor

    MoreChronic Illnesses

    $1.0

    $1.4

    $2.2

    $1.7

    McKinsey & Company, CDC, C

    Awareness U.S.h d

  • 8/9/2019 VF Gordon Hester

    47/71

    0%

    20%

    40%

    60%

    80%

    100%

    Cancers

    62%

    Mental

    Disorders

    54%

    Diabetes

    53%

    HeartDisease

    41%

    Hypertension

    39%

    Pulmonary

    31%

    The Milken I

    By 2030

    Chronic Disease Projected To Grow

    Awareness U.S.U S H l h D

  • 8/9/2019 VF Gordon Hester

    48/71

    U.S. Healthcare DataWe know that chronic disease affects approximately 133 million Americans (45% of the population) whicleads to about 70% of all deaths in the US (2009 Almanac on Chronic Disease) Reality that 46+ million people are uninsured and another 38 million have inadequate health insurance - 1/3 of all Americans face the day without the security of knowing that medical care is available to them a

    families (PBS.org)Loss of productivity (workers performing sub par) and absenteeism (sick days including care-giving for ochronic health issues costs over $1 TRILLION per year, and is the largest economic output associated witdisease. To put this in perspective, that TRILLION could have employed 20 million people at a salary leper year (The Milken Institute)

    We have the most expensive healthcare system in the world today. We spend 6 times more per capita onadministration than any other country, and about 30-40% of our insurance premiums go toward administr

    We rank 37 th in the world for healthcare (World Health Organization)

    We spend more per capita on pharmaceutical drugs than any nation in the world

    Important Conclusions:1. The US system is one of the most economically inefficient2. Society awareness on importance of wellness/prevention at an all time high and growing

    Awareness U.S.

  • 8/9/2019 VF Gordon Hester

    49/71

    (You & Your Family)

    Amount %

    Average Household Income $50,000 100%

    Average Healthcare Costs < $15,000 > < 30% >

    Average Household Taxes < $11,000 > < 21% >

    Balance After Tax & Healthcare $24,000 49%

    Healthcare costs now cause a bankruptcyin America every thirty seconds

    President Barack Obama (February 2009)

    Ch di id l

  • 8/9/2019 VF Gordon Hester

    50/71

    Change - IndividualIncreasing spending in all areas of prevention (nutrition, alternative medicine, etc)(About 3x more on alternative medicine than out-of-pocket prescription drugs)

    Eating healthier

    Getting more exercise

    Avoiding unhealthy behavior (i.e. smoking, alcohol consumption, etc)

    Proactively monitoring health (i.e. risk based screenings, blood test, etc)

    Alternative medicine now accounts for more than 11% of out-of-pocket healthcare expenses

    Ch B i

  • 8/9/2019 VF Gordon Hester

    51/71

    Change - Business

    Implementing wellness and educational programs to change behavior

    Promoting exercise programs and even paying for gym memberships

    In house gyms and medical facilities

    Weight management incentive programs

    Ch G

  • 8/9/2019 VF Gordon Hester

    52/71

    Change - GovernmentJapan Waistline over a certain size requires nutritional counseling

    Australia Over 60% of adults overweight. The countrys new National Prevention Health Taskforce issued a plan of action to ban junk food advertising on Tsavings of over $300 million per year)

    India and New Zealand Governments are considering a 5 Ingredient Poly Pill focused on reducing cardiovascular disease and stroke

    Mexico 68% of adults are overweight so government launched a sweeping Anti-Obesity Campaign

    UK Launched Change4Life Initiative in January 2009 which included a huge media blitz around eating healthy, subsidies for gym memberships, nutritional and even paying people for slimming down

    US Sweeping healthcare reform

    The S Curve in Juice Plus+

  • 8/9/2019 VF Gordon Hester

    53/71

    10% 90%

    Time

    Growth

    1993 2009

    Proven

    Prepared

    Positioned

    Innovation Growth Maturity

    Cant measure thispart of the timeline

  • 8/9/2019 VF Gordon Hester

    54/71

    You Have The Right Business ModelFor The New Economy

    Virtual Franchise

  • 8/9/2019 VF Gordon Hester

    55/71

    (Hybrid Business Model)

    M L M

    N e t w o

    r k M a

    r k e t i n g

    F r a n c h i s i n g

    Corporate

    THE JUICE PLUS+ VIRTUAL FRANCHISE

  • 8/9/2019 VF Gordon Hester

    56/71

    Take: Proven business model No glass ceilings No territorial restrictions Unlimited income potential Home-based business

    MLM / Network Marketing

    Leave: Huge product lines Selling training Selling packages Disproportionate emphasis on t Ulterior motives at point of sale Pyramid sales profile

    Globally Accepted Business Model

  • 8/9/2019 VF Gordon Hester

    57/71

    THE JUICE PLUS+ VIRTUAL FRANCHISE

  • 8/9/2019 VF Gordon Hester

    58/71

    Take: Proven business model No glass ceilings No territorial restrictions Unlimited income potential Home-based business

    MLM / Network Marketing

    Leave: Huge product lines Selling training Selling packages Disproportionate emphasis on t Ulterior motives at point of sale Pyramid sales profile

    Pyramid Business ChecklistNSA Is Regulatory Example vs Warning

  • 8/9/2019 VF Gordon Hester

    59/71

    NSA Is Regulatory Example vs. Warning

    Product and PriceNo Investment RequiredPurchase and Inventory Requirements / Front EndLoadingSales Commission Sources (End Consumers vs.Distributor Network)Buy Back Policy

    Retail Sales (% of End Consumers)Active Role For DistributorsEarnings MisrepresentationsGood Training

    Virtual Franchise FranchisingComponent

  • 8/9/2019 VF Gordon Hester

    60/71

    ComponentGood

    1. Systemization (Sales & Support)2. Training (All Aspects of Business)3. Proven brand name product Visibility Campaign

    Bad

    1. Costs (Initial + Ongoing)

    2. Time requirement

    Recent State/Trends in Franchising

    1. Fastest growing serve budget minded consumers2. Low cost set up growing 28% per year 3. High cost set up decreasing 1.2% per year 4. Credit markets are hurting model5. Retention challenges are growing (16% failure rate vs. 5% in past)

    Company Start Up

    Jiffy Lube $229k - $323kDollar Rent a Car $7.36k - $8.4mBuffalo Wild Wings $1.1m - $3m(2)McDonalds $995.9k - $1.8m(4)Hampton Inn $3.7m - $13.2mGolds Gym $531.1k -$ 3.9m

    (Does not include royalties)

    Virtual Franchise Corporate Component

  • 8/9/2019 VF Gordon Hester

    61/71

    Typical Corporate Management Structure

    Management Team (domestic & international)Distributor Support

    Customer SupportManufacturingDistributionResearch & InnovationAccounting

    Expense Allowance For Leadership (BIB)

    Benefits For LeadershipHealth InsuranceDental InsuranceDisability InsuranceLife InsuranceFamily Tuition FundYear End Bonus

    Virtual Franchise Summary

  • 8/9/2019 VF Gordon Hester

    62/71

    End Result:

    Proven Plan BLow Investment, High Return Business ModelOpportunity to Build a Global BusinessPossibility to Build a Relationship Model That Gives You Both Income and Time

    FreedomFinancial Control of Your Life

    Tenets Of Your Business Model

  • 8/9/2019 VF Gordon Hester

    63/71

    Tenets Of Your Business Model

    Low InvestmentLow Fixed CostQuick ProfitsTime FlexibilityRelationship Income ModelGlobal Marketplace

    Relationship Income Model

  • 8/9/2019 VF Gordon Hester

    64/71

    Start

    Critical Mass

    Relationship Journey

    Value > Time + MoneyUtilization

    Business Wealth = Value x Leverage

    Time + Money > Pay for Value

    Critical Mass = Enough relationships to (1) Sustain profitability and(2) Allow you to be paid greater than your value in the marketplace

  • 8/9/2019 VF Gordon Hester

    65/71

    Expansion Of The Business Model

    NSAs 22 Global Markets Now (January 2010)

  • 8/9/2019 VF Gordon Hester

    66/71

    Country Retail Sales SalespeopleAustralia 844 Million 420,000Austria ??? ???Belgium 87 Million 14,231Canada 1.18 Billion 608,778Denmark 60 Million 60,000Finland 206 Million 86,000France 2.4 Billion 242,000Germany 8.86 Billion 778,000Ireland 62 Million 12,850Italy 3.4 Billion 365,000Japan 22.84 Billion 2.7 MillionMalaysia 1.03 Billion 4 MillionNetherlands 121 Million 37,218New Zealand 136 Million 140,000

    Norway 121 Million 53,800Poland 750 Million 750,000Singapore 264 Million 566,000Spain 698 Million 145,099Sweden 244 Million 75,000Switzerland 237 Million 6,918United Kingdom 3.6 Billion 419,500United States 29.6 Billion 15.1 Million

    Observations - Now

  • 8/9/2019 VF Gordon Hester

    67/71

    In 22 out of 239 countries (9%)

    16 of 22 markets are in EuropeMinimal saturation in current markets

    Far East (big markets) Europe (big markets)Japan GermanySingapore France

    ItalyUKPolandSpain

    NSA Missing Major Billion Dollar Markets (January 2010

  • 8/9/2019 VF Gordon Hester

    68/71

    Country Retail Sales SalespeopleArgentina 1.17 Billion 714,000Brazil 10.1 Billion 2 MillionColombia 1.5 Billion 867,000

    Mexico 4.4 Billion 1.9 MillionKorea 7 Billion 3 MillionRussia 2.9 Billion 4.4 MillionTaiwan 1.64 Billion 4.1 MillionThailand 1.6 Billion 5.4 Million*China No Data No Data*India 586 Million 1.9 Million

    *Large forecasted growth markets

    Observations - Future

  • 8/9/2019 VF Gordon Hester

    69/71

    Major Future Markets

    Far East Pacific Basin Central / South AmericaChina South Korea BrazilRussia Taiwan MexicoIndia Thailand Argentina

    Columbia

    Juice Plus Business Points

  • 8/9/2019 VF Gordon Hester

    70/71

    Proven by science, sales and global market success

    Affordable to the masses

    Marketed in a proven international business model

    Entrance barrier driven by regulatory changes

    Timing of wellness, nutrition and Juice Plus are in early stages of long-term trends driven by real demand

    Growing trend toward owning a business, especially a home basedbusiness

  • 8/9/2019 VF Gordon Hester

    71/71

    Why Now