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Fact Sheet
Company Profile
Quixtar Inc. offers a business opportunity that allows people to have a business of their own based on retailing products and sharing the opportunity with others who will do the same. Quixtar supports Independent Business Owners (IBOs) with a proven compensation plan, portfolios of quality products in health, beauty, and other consumer categories, plus the merchandising materials, training, and education they need to be successful. IBOs also are supported by communities of those who have succeeded in Quixtar businesses before them.
Based in Ada, Mich., Quixtar Inc. is part of the Alticor group of companies. Global sales for the Alticor group of companies, which include Amway, Access Business Group, Alticor Corporate Enterprises (ACE), and Quixtar, exceeded $7.1 billion in fiscal 2007.
Quixtar currently supports independent businesses in the U.S., Canada, Puerto Rico, and various trust territories and independent island nations in the Pacific and Atlantic Oceans and Caribbean Sea. Quixtar Canada Corp. headquarters are located in London, Ont., Canada.
Becoming Amway Global
Quixtar North America is transforming its business opportunity with exceptional new products, expanded support, and enhanced compensation. To highlight this change, the company is leveraging its ties to the nearly $7 billion international Amway Global and will return to the Amway name North America by 2009.
By the Numbers
Quixtar IBOs generated revenues of $1.072 billion for Quixtar for the fiscal year ended Dec. 31, 2007, the fifth consecutive year in which the company surpassed the billion-dollar mark. Quixtar Independent Business Owners (IBOs) earned $363 million in bonuses and other incentives for their business efforts in 2007, which also included $70.1 million in sales at Quixtar's Partner Stores.
Since 1999, Quixtar IBOs have generated $7.86 billion in sales through Quixtar.com, plus more than $577 million for Quixtar Partner Stores. These sales have earned IBOs more than $2.6 billion in bonuses through the Quixtar® Independent Business Owner Compensation Plan plus other incentives. Their efforts have propelled Quixtar to be ranked the #1 online Health & Beauty retailer based on sales, and 22nd among all e-commerce sites, according to Internet Retailer magazine, based on 2006 sales.
Ownership & Management Part of the Alticor group of companies, Quixtar was founded by the DeVos and Van Andel families, who are among North America's leading entrepreneurs with numerous business ventures in direct selling, sports entertainment, real estate, lodging and hospitality, and other business sectors. Alticor is led by Steve Van Andel, Chairman, and Doug DeVos, President.
Quixtar's management team includes Steve Lieberman, Managing Director; Sandy Spielmaker, Vice President of Sales; Heather Anderson, Director of IT/CIO; Bill Dangl, Director of Finance/CFO; Beth Dornan, Director of Marketing Services; and Jim Hunking, General Manager of Quixtar Canada Corp.
Products, Services, and More Best known for Health and Beauty, Quixtar features exclusive brands like:
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Nutrilite®, the world's leading brand of vitamin, mineral and dietary supplements, based on 2006 sales.
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Artistry® skin care and cosmetics, one of the world's top five largest-selling prestige brands of facial skin care and colour cosmetics (based on a study by Euromonitor International).
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Ribbon Gift & Incentive Program, a collection of 21 gift cards and albums organized by themes targeting a variety of age and interest groups.
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XS™ Energy Drinks, with all of the "energy", and none of the sugar.
Quixtar also features hundreds of products from leading brands such as Levi's®, Adidas®, Dooney & Bourke®, Kenneth Cole®, Nike®, iPod®, Whirlpool®, Sony®, Panasonic®, KitchenAid®, and more.
Additional benefits and shopping opportunities for IBOs and customers are available at Partner Stores Shop.com, Office Depot, Barnes & Noble.com, FTD.com, Circuit City, Avis, Bass Pro Shops, Sony Music, and many more.
Quixtar also offers Home, Auto, Travel, Financial, and Communications services through affiliated providers including Bank of America, Wireless MarketPlus, and others.
IBOs and Customers
Quixtar services the needs of both Independent Business Owners and customers.
IBOs build businesses that allow them to earn income based on sales made at www.quixtar.com resulting from their efforts. To launch a Quixtar business, individuals must register with an existing IBO.
Customers pay no fee to shop from a large selection of products and learn from expert advice on health, beauty, home care, and other topics. Products are shipped to their homes and covered by Quixtar's Customer Satisfaction Guarantee. Customers must register with the identification number of their servicing IBO. If a new registrant does not have a servicing IBO, Quixtar will assign them one.
Questions?
Members of the news media can contact Quixtar Public Relations at 616/787-7134 or by e-mailing PR@Quixtar.com.
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