Mary Kay is a well-known multi-level marketing company who is involved in cosmetics selling work. This privately held organization has their headquarters in Addison, Texas, United States. The company has an annual revenue of more than US$ 3.5 billion. David B. Holl is the Chief Executive Officer and President of the company, whereas Richard R. Rogers is the Executive Chairman of this marketing company. They operate as the wholly owned subsidiary of Mary Kay Holding Corporation. The company market and sell their products through a network of salesmen in the United States and some international countries.
Mary Kay Working Model
The cosmetics are sold by the company via a multi-level marketing approach where the distributors can generate income by selling the items directly to the individuals in their area. Additionally, they also get a commission by recruiting the people into their network. In order to get qualified for becoming the distributors of company, an individual have to buy a US$ 100 starter kit. The accurate information about the average income isn’t clearly released by the company.
Mary Kay Manufacturing Plants
The major plant of the company is situated in Dallas, Texas where they manufacture the majority of their products. There is another plant owned by the company in Hangzhou, China that develop and package items for the Asian market. Additionally, there was also a third plant opened by the Mary Kay in Switzerland for covering the European market, but it was closed in 2003.