Conglomo: Difference between revisions
m added categories. |
mNo edit summary |
||
| Line 24: | Line 24: | ||
}} | }} | ||
'''Conglomo''' is a | '''Conglomo''' is a [[Corumm]]ese multi-level marketing (MLM) company that sells health, beauty, and home care products. The company was founded in 1996 by Donkey-Kong Dave and Tony Yoink and is based in Pianqu, [[Corumm]]. It conducts business through a number of affiliated companies in several countries and territories. | ||
==History== | |||
==Brands== | |||
==Business model== | |||
Conglomo's business model combines direct sales with the multi-level marketing. Conglomo's distributors are called 'Independent Business Developers' (IBD's) and they can sell products directly. They can also induct and mentor people outside of Conglomo into becoming IBD's, garnering performance bonuses for the sales made by their inductees. This is called internally the trapezoidal ladder to success, as one's IBD's downstream recruit more people and those people recruit more in turn, it becomes a self sustaining money printing machine. | |||
[[Category:Corumm]] | [[Category:Corumm]] | ||
[[Category:Companies]] | [[Category:Companies]] | ||
[[Category:Multi-level marketing]] | |||
Revision as of 23:02, 1 January 2023
 | |
| CON | |
| Industry | Conglomerate |
| Founded | 25 December 1996 |
| Headquarters | Pianqu , |
Area served | Worldwide |
Key people |
|
| Revenue | $235 billion (2020) |
| $82 billion | |
Number of employees | 156,673 |
| Divisions |
|
Conglomo is a Corummese multi-level marketing (MLM) company that sells health, beauty, and home care products. The company was founded in 1996 by Donkey-Kong Dave and Tony Yoink and is based in Pianqu, Corumm. It conducts business through a number of affiliated companies in several countries and territories.
History
Brands
Business model
Conglomo's business model combines direct sales with the multi-level marketing. Conglomo's distributors are called 'Independent Business Developers' (IBD's) and they can sell products directly. They can also induct and mentor people outside of Conglomo into becoming IBD's, garnering performance bonuses for the sales made by their inductees. This is called internally the trapezoidal ladder to success, as one's IBD's downstream recruit more people and those people recruit more in turn, it becomes a self sustaining money printing machine.