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Forevergreen Worldwide Corp  (FVRG)
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Forevergreen Worldwide's

Competitiveness


 

FVRG Sales vs. its Competitors Q2 2018



Comparing the results to its competitors, Forevergreen Worldwide reported Total Revenue decrease in the 2 quarter 2018 year on year by -42.89 %, faster than overall decrease of Forevergreen Worldwide's competitors by -52.83 %, recorded in the same quarter.

List of FVRG Competitors





Revenue Growth Comparisons

Net Income Comparison


Forevergreen Worldwide Corp recorded net loss , as well as most of its competitors.

<<  More on FVRG Income Comparisons


Forevergreen Worldwide's Comment on Competitors and Industry Peers


The market for products designed to enhance physical and mental performance is large and intensely competitive. Our primary competitors include other network marketing companies that manufacture and market herbal remedies, nutritional products and personal care products. We also compete with large traditional retail businesses that offer products in similar categories. To attract positive industry attention and hold sustainable market advantage, we emphasize differentiators such as our company culture, our exclusive access to unique ingredients, the quality and efficacy of our products and the reliability and convenience of our distribution system. We emphasize products that improve health through a diet of whole-food beverages and real, natural products rather than fractionated pills and supplements. We take pride in our commitment to offering clean, all natural, and/or organic products.

Other network marketing offerings compete with our FrequenSea™ product in the health beverage category. These competing products are based on a variety of fruit juices from around the world such as mangosteen, noni, açai and other fruit or plant ingredients. To our knowledge, our FrequenSea formulation is the first beverage or “juice product” to provide the benefits of marine phytoplankton in a proprietary whole-food tonic blend that includes ionic sea minerals, rose, ginger, aloe vera, frankincense, and other quality ingredients in a delicious base of cranberry, blueberry, and a twist of lime.

Herbal remedies, personal care, and nutritional products can be purchased in a wide variety of channels of distribution. While we believe that consumers appreciate the convenience of ordering products from home through a sales person they know and trust or through a catalog, the buying habits of many consumers indicate they may not wish to change their preference for purchasing products through traditional retail channels. We address this challenge directly in our marketing approach.

We also compete for Members (independent distributors) with other direct selling organizations, many of which have a longer operating history and higher visibility, name recognition, and financial resources. Some of the dominant network marketing companies in our existing markets are Amway Corporation, Herbalife and NuSkin Enterprises, to name a few. We also compete with many smaller network marketing companies that also offer personal care products, health and nutrition products. We compete for new Members on the strength of our product line, leadership training, compensation plan, marketing focus, corporate values and management leadership strengths.



<<  See the full list of FVRG competitors


Competitiveness By Company's Divisions



  

Total Segment Market Share Q2 2018

despite revenue deterioration, Forevergreen Worldwide inceased its market share in this segment.

company inceased its market share in this segment to approximate 0.79 %.



<<  More on FVRG Market Share.
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FVRG's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Forevergreen Worldwide Corp FVRG 3 14 -2 103
Hain Celestial Group Inc. HAIN 2,323 2,310 -48 6,307
Skypeople Fruit Juice, Inc SPU 11 32 -7 250
SUBTOTAL 2,337 2,356 -56 6,660
     
       
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