Again in late 2022 ACN abruptly suspended new distributor recruitment throughout Europe.
No rationalization was given, and to today we nonetheless don’t know why it occurred.
Now, following a number of key developments, it seems ACN is in a state of collapse outdoors the US.
First up now we have Flash Cell, and from their web site;
Flash Cell is the primary social cellular community in Mexico, the place folks can capitalize on all the expansion that’s taking place in cellular and social media.
Flash Cell is a model that’s powered by ACN, our mum or dad firm.
Though there are nonetheless references to ACN on Flash Cell’s web site, all references to Flash Cell on ACN’s web site have been just lately eliminated.
This coincides with ACN quietly promoting off Flash Cell to Diri on January twenty fourth.
Diri … broadcasts its enlargement to Colombia and Peru with the acquisition of Flash Cell LATAM.
The acquisition of Flash Cell was made with ACN (All Communication Networker), the world’s largest direct gross sales telecommunications firm, which, as a part of the transaction, turns into an investor in Diri Inc.
Whereas ACN as an organization stands to revenue from Diri, its distributors have been lower off from a income supply.
Subsequent up now we have ACN promoting off its South Korean enterprise operations to Neora. This was introduced on January twenty fifth;
Neora, LLC … is happy to announce the acquisition of ACN Korea, a outstanding participant in Korea’s direct gross sales sector.
he integration course of will see each corporations coming collectively below the Neora model.
Once more cash within the pocket for ACN, however not too certain what the sale means for South Korean distributors.
Lastly, as of January twenty ninth, now we have a definitive reply on ACN’s enterprise operations in Europe going ahead. And it’s extra dangerous information for distributors.
As of late final month, ACN seems to have offered its European enterprise operations to Zinzino.
Zinzino … has entered right into a strategic settlement in Europe to associate with North American ACN, a direct vendor of telecommunications, vitality, and important companies for houses and companies, which has determined to wind down its direct promoting operations in Europe.
Explaining to its distributors why it was abandoning them, ACN blamed COVID-19 and “the aggressive panorama”.
All of us skilled an unprecedented world occasion, COVID-19, that drastically altered companies worldwide and had a profound impact on oru enterprise and our business as an entire.
As well as, during the last 4 years, the aggressive panorama for advertising and marketing companies all through Europe has dramatically modified.
Many companies within the telecommunications business have change into commoditized and the vitality enterprise has been very unstable.
Prior to those challenges, ACN was in world progress mode and opened its twenty seventh nation, tried to increase vitality companies in Europe, and had plans to launch new markets.
Sadly, we’re confronted with making a tough resolution as a result of unfavorable impacts all through the European market.
After cautious consideration now we have determined that we’re not capable of meet our excessive requirements for the IBOs, thus now we have determined to vary our enterprise mannequin within the European market.
We now have been working with our business contacts to search out a chance for the IBOs of Europe to hitch one other firm.
After discussions with many corporations, we determined that the very best house for our IBOs is with Zinzino.
ACN is not accepting IBO agreements in Europe.
Current ACN distributors will nonetheless be capable of promote companies to clients however this will likely be below an “adjusted compensation plan” (learn: we’re going to pay you much less until you allow).
Zinzino is a dietary complement MLM firm that doesn’t actually align with ACN’s providing. I’m certain the monetary aspect of issues labored out nicely for ACN company although.
With world operations in the bathroom, I suppose the query is how for much longer will ACN be round for within the US?
Clearly the corporate has been in talks with different MLM corporations outdoors of the US. It follows that there are discussions happening throughout the US too.
As an entire, ACN seems just about lifeless.
SimilarWeb tracked simply ~63,000 visits to ACN’s web sites in December 2023. The US, as the highest supply of visitors, made up lower than half of that visitors (44% or ~27,700 month-to-month visits).
Given current developments, I’d be stunned if ACN as we all know it survived the yr.