More than 40 percent of new independent Mary Kay businesses are Hispanic-owned
Despite the U.S. Department of Labor reporting only 18,000 new jobs added nationwide in June 2011, options to earn money still exist for the more than 13.9 million unemployed Americans. In fact, more than 165,000 people already are on their way by starting independent Mary Kay businesses in April in the United States — the largest monthly amount within the last 10 years. Of the total new businesses, 40 percent or 66,000 are Hispanic-owned.
Mary Kay also had a 9.5 percent increase in independent sales force members in the United States in the first half of 2011, compared to the same time period in 2010.
These record sales force increases serve as a unique example of small business growth in the United States. The company’s success continues on another front — with March 2011 representing our highest sales month in company history.
These company milestones are timely given Mary Kay Inc.’s annual Seminar in Dallas until Aug. 6 — where the success of the company’s independent sales force is celebrated. Seminar is focused on recognizing Mary Kay Independent Beauty Consultants for their achievements, while also providing education, inspiration and motivation for the year ahead. Per the Dallas Convention and Visitors Bureau, economic impact of the event is more than $71 million.
“For more than 47 years, Mary Kay has provided women of all ethnicities and backgrounds with an open-ended and unparalleled business opportunity, which in light of the ever-changing economic conditions is more compelling than ever before,” said Vice President of U.S. Marketing Yvette Franco. “We remain committed to enriching women’s lives worldwide, and are thrilled Mary Kay can provide at least one bright spot in our nation’s discouraging economy.”
During this year’s event, more than $6 million in sought-after recognition and prizes will be awarded, including jewelry, international vacation getaways and career cars, including the coveted pink Cadillac. Mary Kay’s annual Seminar will bring together Independent Beauty Consultants from the United States, Canada and Europe Region during five, back-to-back conferences at the Dallas Convention Center.