Tupperware Reports Q2 2016 Results – Down 4% To $564.7 Million Tupperware Brands Corporation recently announced second quarter 2016 operating results. Rick Goings, Chairman and CEO, commented, “Though down 4% with a 7 point hit from exchange rates, we grew sales by 3% in local currency – the high end of our range, with significant contributions from Brazil, China, Malaysia/Singapore and Tupperware Mexico.” Goings continued, … Read the full article Tupperware is a company that uses the multi-level marketing business model to distribute its products. This business model involves a compensation plan that rewards normal individuals for introducing the brand name to their closest friends, family. The Network Marketing business model provides as average human being an opportunity to get into the entrepreneurship world. You probably ought to run if there are no real products and services being offered that people would spend money for even if they were not involved as a representative. The last time I examined, Tupperware does not fall under that classification. Is Tupperware a scam? This question comes from a place of fear. There is absolutely nothing off with some level of fear as cautionary measure. But that which I just shared with you is [...]
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