Xango
Posted by SUp.biz, CEO


 

Xango Background

XanGo is a privately held company and does not publicly disclose its financial statements. Company press releases in 2005-2006 claimed that sales totalled $40 million in 2003 and $150 million in 2004, and that 2005 sales were more than twice those of 2004. In October 2007 the company said that cumulative sales since its inception five years earlier were over $1 billion.

XanGo now operates in 23 countries throughout the world and has over one million distributors.





Xango Products

XanGo juice is sold in the U.S. and (as of mid-2007) exported to Australia, Canada, Germany, Hong Kong, Japan, Malaysia, Mexico, Philippines, Singapore, Sweden, and the United Kingdom.The company began operating in Taiwan as of October 2007.

The company sells XanGo Juice mainly using a nine-layer multi-level marketing structure.In June 2006, the company said it had 350,000 distributors. In July, the company told the Federal Trade Commission that there were "roughly 500,000 distributors worldwide", and in November, it reported having more than 600 employees at its Lehi headquarters and more than 500,000 independent distributors in 15 international markets. In July 2007, it said it had about 700,000 distributors,of whom an estimated 70 percent simply use their status to buy the juice at the discounted membership price.In October 2008 it said that it operated in 24 countries and had more than 1 million independent distributors.

In the United States, XanGo juice sells for a retail price of $37.50 for a 750 ml (25.35 ounce) bottle.



Xango Company Snapshot

Type: Private

Founded: 2002

Headquarters: Lehi, Utah, USA

Products: Xango Juice

Key Executives and Founders:Aaron Garrity, Gary Hollister, Joe Morton, Gordon Morton, Bryan Davis and Kent Wood






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