Monday, September 27, 2010

America's Fastest-Growing Consumer Products Company

With 8,094 percent growth in three years, the sudden success of wickless-candle company Scentsy saved its founders from bankruptcy.
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No. 1 in Consumer Products and Services 
Heidi and Orville Thompson
President and CEO

Scentsy
www.Scentsy.net
Meridian, ID
Scentsy's business model (Click Here for Article)

Scentsy is best known for its wickless, flameless scented candles housed in decorative warmers. Recently the product line has expanded to include a fragrant stuffed animal called "Scentsy Buddy" which includes a "Scent Pak" that is also great for drawers or luggage, “Fragrance Foam”, an emollient-rich foam that kills germs without drying hands, and "Travel Tins", which contain a gel that emits a fragrance when opened. All products are sold through open houses and parties hosted by customers who sign up to be direct-selling consultants.

Statistics
3-year growth:-----8094%
2009 Revenue:----$178.4 million
2006 Revenue:----$2.2 million
Employees:--------424 (DOES NOT include Independent Consultants)
Founded:-----------2004
Industry:-----------Consumer Products/Services
Industry rank:---- #1

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