MGN578 ACADEMIC TASK 2

COURSE CODE: MGN578

COURSE TITLE: INTERNATIONAL ENVIRONMENT AND MANAGEMENT

COUSE INSTRUCTOR: ASHWANI PANESAR

ACADEMIC TASK NO.: 2

ACADEMIC TASK TITLE: ASSIGNMENT 2

DATE OF ALLOTMENT: 29th August 2020

DATE OF SUBMISSION: 5th October 2020

STUDENT’S ROLE NO.: RQ2045B63

STUDENT’S REGISTRATION NO. :12006150

Declaration
I declare that this assignment is my individual work. I have not copied it from any other student’s
work or from any other source except where due acknowledgement is made explicitly in the text, nor
has any part been written for me by any other person.

Student’s Signature

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General Observation Suggestions for Improvement best part of assignment

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 COVER PAGE
 INTRODUCTION

 COMPANY’S INTRODUCTION PAGE NO. 3

 LIST OF THE PRODUCTS PAGE NO. 3
 FINANCIAL STABILITY OF THE COMPANY PAGE NO. 3

 COMPETITION ANALYSIS

 SWOTANALYSIS PAGE NO. 4-5

 HISTORY OF ENTERING IN THE PANAMA
(EXPENSION STRATIGITY) PAGE NO. 5
 COMPETITION WITH THE COMPETITORS IN THE
FOREIGN MARKET PAGE NO. 6

 EXPENSION PLAN

 EXPENSION PLAN AND FUTURE STRATEGIES OF THE

COMPAY RELATED TO INTERNATIONAL MARKET PAGE NO. 7-8

 PESTLE

 PESTLE ANALYSIS PAGE NO. 9-10

 TWO COMPANY RECENT NEWS BASED ON PESTLE PAGE NO. 11

 REFERENCES

 RELEVENT LINKS FOR REFERENCES PAGE NO. 12

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 INTRODUCTION OF BELCORP CORPORATION

Belcorp is a Peruvian company providing beauty and skin care goods primarily for women. The
company has a direct sales business model, consisting of greater than 8 lakh independent adviser
across 15 countries spanning the America. Belcorp is a narration of success achieved by many
people influenced by challenge and a wish to transcend. Belcorp’s passion and commitment has
allowed all of us to build beautifully ourself as a leading corporation in the whole America. Belcorp
are a corporation with 50 years of experience in the beauty sector running under the direct sales
model Belcorp encourage beauty to get personal fulfilment through our good product. Belcorp
Corporation founded in 1968 and its headquarters is situated in Lima and Peru and CEO is Eduardo
Belmont and product is basically beauty and cosmetics. Belcorp has been undertake a corporation-
wide transformation over the past back years. Its growth has been outstanding with continuous
double-digit growth leading with the profit over US$ 1.16 billion.

 LIST OF BRANDS

Balcorp’s major products are L’BEL, cyzone and esika cosmetic and skin care goods. Under these
major products there are many more besides product like Fragrances, cosmetics, skin care,
toiletries, Moschino, Missioni, naja-oleari, Reporter for men Versace product names there are also
few new products like ole-oleari makeup, fresh couture fragrances and toy, Missioni Parsum and
pourhomme.

 FINANCIAL STABILITY OF BELCORP CORPORATION

for past 50 years Belcorp has exceled as a quick sales corporation one that millions of independent
beauty advisor have chosen as an ally in order to becoming a successful entrepreneur during the
last past two years Belcorp has aim its efforts on developing and growing innovative digital tools
that give independent beauty advisor to have their businesses to the next level in the future at the
same time Belcorp is running to grow its newer commercial direct selling channel like retail and e-
commerce. On the basic of above statement we can say that Belcorp is financial stable in the
foreign market for the long term as well because of its goodwill of Belcorp they easily and smoothly
running and fast growing in the foreign market and in the cosmetic sector. Belcorp has loyal
customers and a good market share which is provide the legacy of the company. Belcorp has
awarded for its product packaging like their cosmetic and perfume boxes are seems to be very
luxury and off course it’s always worth to buy it whether it is really high on a cost or not.

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 S.W.O.T ANALYSIS FOR THE BELCORP CORPORATION

S.W.O.T stand for Strength, weaknesses, opportunity and threats Belcorp is a multinational
company which is running over 15 countries in the world and it take 50 years’ time to get luxuries
brand in the market and to get successful in the world. Belcorp always promote and encourage the
beauty of the women and inside the heart so with the good beauty advisor they run and grow very
fast and smoothly in the foreign market.
S.W.O.T stand for Strength, weaknesses, opportunity and threats Belcorp is a multinational
company which is running over 15 countries in the world and it take 50 year’s time to get luxuries
brand in the market and to get successful in the world. Belcorp always promote and encourage the
beauty of the women and inside the heart so with the good beauty advisor they run and grow very
fast and smoothly in the foreign market.

 STRENGHT: These are as follows.

 Belcorp has a great brand image around the world which is all known about its luxuries
cosmetic brands.
 Belcorp is very popular and growing inside is USA and outside as well so it is a very big
advantage for the company.
 Belcorp has a very good packaging strength towards its products and the product smell
really great and it has large verity of products.
 Belcorp has a strong goodwill and a good loyal customers around the world so it make long
term loyalty relationship between the customers and the company.
 Strong brand portfolio like its brands include L’BEL, cyzone and esika Belcorp has strong
research and development department capabilities to focus on customers and the market.

 WEAKNESSES: These are as follows.

 Belcorp is daily high in product pricing in compare to other competators in the market like
the price of its product is really high so they are reaching in lower and middle level people in
the country.
 Belcorp has very slow growth of revenue in compare to other competitors in the market and
it also have a week performance outside USA.
 Belcorp has a limited countries to run the corporation like they are only working in 15
countries.
 Belcorp owns a limited brands like there major key brands are L’BEL, cyzone and esika and
there key brands also have a limited range of products.
 Belcorp is a member for direct selling association in the world so because of its membership
they can’t sell the product direct to customers.

 OPPORTUNITIES: These are as follows.

 Belcorp capability of growing and running very smoothly and quick internationally they get
opportunities like their shares are in a very good condition in the foreign market and
purchased by many millionaires and billionaires as well.
 Belcorp sales have a chance to get even higher e-sales because Belcorp has a membership of
direct selling association in the world so it also a opportunity like their products are sold by
the direct selling association and it give highest interest rate on ever purchase.

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  A democratic fashion trends in the USA is like developing beauty consciousness specially
among the adult women in an important fashion trends for all cosmetic companies.
 Cosmetic sector in immerging USA nations develop for cosmetic corporations due to
increasing popularity of fashion beauty contests and increasing distransparent income.
 There is a big opportunity of Belcorp is like they offered by the UAE and all Islamic countries
to come in country and establish a franchises and sell it it’s luxuries brands in the Islamic
nation as well.

 THREATS: These are as follows.

 The very big threat for Belcorp and all cosmetic companies around the world is growing very
fast and growing popularity of cosmetic surgery technology. So because of the cosmetic
surgery the threat is its dividing the customer’s numbers.
 Belcorp facing intense competition in the foreign market they compete in a very selected
and limited product ranges against a huge number of multinational competitors which is
having a large variety of product.
 Counter seat could not only deprived the corporation of revenue but dilute its brand image
as well. Because in cosmetics sector there are so many product by different companies are
like same like the products are matching with each other.
 Because of Belcorp’s product pricing strategy like it is really high so many people jump on
the other cosmetic brands which is reasonable in pricing.
 The big threat is because of Belcorp is running only 15 countries in the world so there are
not able to reach in other countries on the other hand its competitors like L’Oreal Evon
Revlon they are providing their product more then 30 countries in all over the world.

 HISTORY OF ENTERING IN THE PANAMA (EXPENSION STRATIGITY)

Peru based cosmetic direct seller Belcorp is one that has chose to make a different something of it
the company expanded with the big aim to become the top prestige network marketing
corporation in the United State.
Belcorp bought its line of luxury beauty and skin care product in Panama which is sold by the L’BEL
brand from the united state in 2005 for past 5 years it work under the single level direct selling
model that had given it parent corporation success basically in the southern hemisphere for greater
than 4 decay developing was modest as because it named was not well known in the united state
and economy was opening a stall Belcorp believe that it could be better for the company and the
economy to even during a sluggish economy so past one year the corporation made a big decision
for the first time in its past 44 year history one of its franchisees would break away form its casual
business model so Belcorp USA adopted a multilevel compensation and expansion plan.
In the year 2017-18 Belcorp’s all over profit is 1.14 billion and its rank in direct selling association is
21th Belcorp always promote person to person sales method Belcorp’s expansion centre on
reinventing direct selling method becoming an omnichannel provider providing an exceptional
customer experience and aiming on internal talent. Belcorp’s digital transformation begins before 2
and a half years it was an efforts to shift its own view of technology and to able to understand that
it is as an enabler rather than just for support technology corporation is the key element going to
an agile enterprise allows Belcorp to launch initiative like as e-commerce very quickly and efficiently
so it has previously began a key element for the company’s growth with digital tool applying which
enable advisor to learn and interpret about the particular product so it is better interaction with
customers and able to do friction free selling.

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 COMPETITION WITH THE COMPETITORS IN THE FOREIGN MARKET

 COMPETITORS OF BELCORP CORPORATION: These are as follows.

Unilever form the Nether land, L’Oreal from France, Ssiseido from Japan, Senkel form Germany,
Kao from Japan, LVMH form France, Beigers form Germany, Reckitt benckiser form United
Kingdom, Amorepacisec form South Korea, LG form South Korea, Chanel form France. Batrio
group from Brazil, Avon Product from United kingdom, Natura and Co. from Brazil,
GlaxoSmithKline form United kingdom, Kose form Japan, Groupe Rocher form France, Puig from
Spain, Pola Orbis form Japan, L’Occicame form France, Lion form Japan, Pierre Sabre form
France, Clarisns form France, Orislame form Sweden, Lush from United Kingdom, McBride form
United Kingdom, Yancal form Peru, Sunstar from Switzerland, Shanghai Jahwa form China.

 These corporation are similar in Business line and location to Belcorp while some corporation
compete with neighbouring businesses for consumers on the other hand other corporation may
compete to attract skilled and hardworking employees.

 A competitive analysis shows that these corporation are in the equal general field as Belcorp
even though they may not compete head-to-head but Belcorp give tough competition to its
competitors. Including Belcorp these are the largest corporation by revenue so they me not
harm the largest market shares in this cosmetic industries if they have diversified into other
business lines then they make the largest market shares in other sectors. The competition
sector of a business plan or investment memorandum would start by analysing the full fledge
data about these corporation. Competitive benefit comes from providing better pricing or
superior product and services.

 BELCORP BRAND BUILDING STRATEGY

Strengthening the Belcorp brand is one of Ameli’s immediate in and one that is essential to
already having the corporation’s lofty goals Strategically the United State is a important region
for Belcorp. As one of the world’s largest market for both direct selling product and skin care
product so it hold fast growth potential. So Ameli wanted to use all of Belcorp international’s
many advantages as creatively as possible to quickly penetrate the North American market
sector. Belcorp already does business in 15 other countries in south and central America and
manufactured goods and services in France. So Belcorp USA is still working to become well
known corporation in the world so it parent has earned industry respect due to its reach
reputation and luxury legacy. The 11th direct selling corporation in the world Belcorp
international was ranked among the top 25 beauty brand in the year 2009 by women’s wear
daily and it boost greater than 8,50,000 beauty consultants in the Americas and 8,000 global
Belcorp talented employees. Belcorp is the 3rd largest beauty corporation in Latin America
Belcorp’s award winning L’BEL skin care goods and fragrances are developed and manufactured
in France where some of the world’s most respected scientific laboratories and dermatological
branches research and test experiment innovative formulas. The process is running just because
of Belcorp rigorous requirement to the last final formula may take the period like as long as 5
years to create. More then 1,000 women test and exprement with the Belcorp’s product before
they are made available and make applicable to the public in all over the world. Belcorp
organised as many as 200 clinical dermatological hypoallergenic and ophthalmologic
experiment tests. More than 50 formulas may be experimented and tested before the
corporation finally approved and allowed a new product.
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 EXPENSION PLAN

 EXPENSION PLAN AND FUTURE STRATEGIES OF BELCORP RELATED TO INTERNATIONAL MARKET

Going ahead Belcorp plans and stratigies continuing to expand and transform and well known
brand for every people in all over the world in past 5 years a time that we want to be
recognised as the great place to work and meaning of talent and innovation beyond the board.
So for this having committed and hardworking creative people is a key of success we should
have to continue to innovate and creative in order to bring new product in the market to
restructuring the direct selling association in the world.
Technology always disructs like the number has one priority for us as a tech corporation is
going with speed and agility investing in an early stage corporation always help to gain us global
access today’s beauty standard as well as to or more new technologies and business icon.

 TRANSFORMATION OF BELCORP CORPORATION

Transformation at Belcorp is always done by a good alignment in order to achieve desire result
with its purposes so the core values and commitment of Belcorp is very sustainable.
Sustainability is a very normal point of the corporation to get achieve by their own Belcorp
aimed at creating a future full of possibilities and opportunities for every one in the world
Belcorp stand on 5 pillars which is like women’s empowerment, care for the earth, integrity and
transparency, extra ordinary talent and responsible products. The corporation has set the aim
for each of these pillars over the next future five years. When you see the pillars of
sustainability you will find that each is helped and guide by our digital transformation process.
Digitisation help us to overcome the waste and carbon footprint while growing the
transparency.
Belcorp has introduced a new IT sector career path, the first of its kind in Peru. Talent
development is what will allow us to become leader in the world. Talent development initiatives
include LinkInd leaning, Tech tranning, Agil academy and Tech academy so they want to be a
continuous regularly learning corporation. Customers also get benefits form the Tech
transformation with augmented reality that allows them to try on virtual makeup and virtual
portraits that give them the opportunity to understand about the product.
Belcorp runs open tech a tech conference for employees bringing in corporation like Amazon,
SAP and valtech to discuss about the importance of innovation and new creations, data culture,
and the cloud process. They also brought in six startups to discuss about their offerings and
CEOs from across Latin America tech companies to promote data culture it’s all about bringing
the community across Latin America together to share and learn and transform the
organisation. Partnerships are highly valued at Belcorp so the relationship with universities
function symbiotically providing interns and innovation partnership for Belcorp and real-world
challenges for the students partnership with other corporations have allowed Belcorp to further
its tech understanding. One of the leading digital advising and transformation providers in Peru
and Latin America as being a key partner on Belcorp’s business end so its aim is all using
technology to help push and manage content Belcorp’s interest in data analytics sees it turning
to sigmoid which has spent the last year and a half advising on AI and machine learning models
as well as looking at population logistic and forecast planning so it work for future. As heavy
cloud consumers Belcorp relies on CenturyLink for infrastructure a key strategic and social
partner which help to improve the business performance meanwhile the hundred group apart
of GFI has been with Belcorp for the last past 15 years its providing ideas for digital tools and
helping Belcorp with its mobile application development.

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 BEAUTY ON A BUDGET PROVIDERS

To care themselves affordably, L’Bel’s devotees often turn to the brand’s flagship goods, a
concentrated treatment cream designed to act on all the signs of age at once. The crème de la
crème of anti-aging. Which reflects the corporation’s dedication to technology and science
while also capturing its dedication to prestige and beauty in all products.
One of belcorp’s latest products sensation is NeuviveSi, formulated to renew and protect skin
cells and produced radiant-looking skin by stimulating the skin’s cellular renewal cycle.
Many of us get a dull complexion, dark circles and spots because our skin or body is uncover to
pollution or we have a lot of stress simply because of the way we live and work in this world,
NeuviveSi is aimed at bringing back radiance to the skin.
L’Bel products deliver such predictable results and fell so luxurious to us that they almost say
themselves. And once a women experience the L’Bel difference, she often wants to take the
next step and developing a business around it. They can develop the business through
individual contacts, parties or both.
They have consistently heard from their leaders that they really love Belcorp and L’bel products
for two reasons; first the product themselves and second the human sides of our business.
They have an amazing relationships with those of us in the corporate world

 ENTREPRENEURS WITHOUT BORDERS

In the United States there have been earlier possibilities for women to have access to jobs and
to be able to become financially independent faster. They says Latin women experienced it
later. At the time when Belcorp was founded 44 years ago in Peru it was not well known for
women from good families to work.
But they notes that in both Latin and North America certain women share some key similarities.
Among all women in the United States and in Latin America who wants to start a business there
is a common thread of self-confidence or really being able to believe in themselves. They
observes that exist in any culture. Belcorp was introduced and continuous to exist to say to
women I believe in you and we are always here to help you that something that exists across
both continents.
One of the key Belcorp voices expressing support for women is the Belcorp foundation, which
they bringing to the United States.
When we’re able to fully expand the Belcorp foundation, it will be an amazing asset to bring to
women in the United states, they says that we will be able to partner with women to help them
take their dreams to the next level and truly achieve them.
They notes that while the United States offers some of the best educational opportunities in all
over the world many cities have districts where children face significant educational challenges.
Belcorp has expended into a field team-building model that support for expanding as well. The
corporation has methodical 90-day step-by-step training plan designed to help new beauty
consultants become successful quickly and earn the income their upline describe to them.
Joining Belcorp USA is inexpensive-under $100. That translates into a fast return on investment.
And Belcorp’s tools provide every new advisor with everything they needs to show L’Bel
products and the Belcorp USA opportunity to friends and family members. The Starter Kit
includes full-size skincare products that, when sold for their combined recommended retail
store price, produces more that 100 percent ROI.
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 PESTLE ANALYSIS FOR THE BELCORP CORPORATION

Belcorp pestle analysis examines the various external factors like political, economic, social,
technological, legal, environmental these all features are impact on its business. The pestle analysis
lights on the different extrinsic scenarios which impacts the business of the corporation.
Pestle analysis is a framework which is imperative for companies such Belcorp, as it helps to
understand market dynamics and improve its business regularly.

 POLITICAL FACTORS: these are as follows.

Belcorp is a leading cosmetics brands in all over the world and having a global presence. The
rules and regulation of the government of the countries in which Belcorp is working has huge
impact on its functioning. European Union changed its policies governing medicines led to the
decline in its dermatology products. Moreover, there is a regulation regarding the advertising
that the company has to follow. It cannot mislead the customers by over exaggerating the
advantages benefits and functions of the product. There are also safety standards set by various
governments which it have to be follow by the corporation. Belcorp is not allowed to test its
products on animals. In many other countries due to the conservative nature of people it
cannot advertise its products openly. Products safety is a really hot and serious topic in the US it
is more openly discussed in the cosmetics segment of the beauty industry since those products
are designed for skin-to-skin contact. Companies will allowed to report ingredients statements,
recalls, and register manufactures to the government agencies.

 ECONOMICAL FACTORS: these are as follows.

Belcorp is working in a very dynamic environment where it needs to constantly adapt itself as
per the changes requirement. The economic stability and people’s income are a huge factor
affecting the sales of the corporation. Developing countries like China and India which are the
two fastest growing economies of the whole world presents a big opportunity for the
corporation to expand its presence there. But recently the slowdown happened globally and
trade war between China and USA has significantly decreased the consumption of goods and
services by the people so the Belcorp and many more corporations are facing low demand
situations. Unlike many others that the beauty industry is quite resistant to economic recession.
It even survived the big recession of 2008. Consumers became more price conscious that they
are deciding to purchase only what they need for survival. Beauty and cosmetics products have
become a necessity like eating or having a roof over their head.

 SOCIAL FACTORS: these are as follows.

Today’s generation would love to show off and they love to beautify themselves and share it to
the whole world. This has open up a Pandora of opportunity for Belcorp. People today does not
want to go to salon for hair spa but want products so that they can spa at their homes only and
Belcorp is providing such kinds of products to its customers. Today’s generation has become
very conscious about the environment so the people does not purchase that product which has
detrimental impact on the environment. Due to the pressure of the peoples government has
banned the testing of products on the animals. Peoples will try an assortments of products until
they have found the one but after that they are stop looking because at that point of time they
are become brand loyalists. You also can bet that one brand has stolen their hearts and it will
take a PR apocalypse to set them free. And you will find dozens of brands providing you nearly
the same products.
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 TECHNOLOGICAL FACTORS: these are as follows.

Technology has a big impact on the functioning of the corporation. Belcorp is always at the front
when it comes to innovation. They invest a lot of money in research and development
department to develop state of art products and to gain the market share as well. New
categories are introduced like dermo cosmetics and cosmeceuticals which aiming on
antioxidants and anti-ageing properties. Through social media people are regularly interacting
with its consumers and getting feedback and suggestions of its products. The extra of value-
added addition such as with grow in SPF. And trends are favouring more natural goods
incorporating plant-based ingredients. The internet really did revolutionize the beauty sector so
you can purchase almost any products and get it delivered to your home door in a single day.
That’s good and bad for huge name brands like Belcorp and their competitors. I said the Belcorp
Corporation and their competitors like they have the beauty game for decades. And once upon
a time they were only fighting against amongst similar kind of and brands to keep their products
on the shelves. So technology always affect all the type of businesses in all over the world.

 LEGAL FACTORS: these are as follows.

Belcorp was involved in many legal battles with different stakeholders at different point of time.
The corporation had won the battle against the low cost imitators. Many third party were selling
the products similar to the corporation it at a very low price. One issued was when lead was
found in its particular product. After conducting extensive research on the product that five out
of ten most lead contaminated brands were of Belcorp. They also are found guilty of creating
false claim about their product. They claim that the product will affect the person genes and
create it seem as if he slept an extra 2 hours they are sued by FDA for creating false claim.
Ingredients in the beauty sectors are very tricky that they can be FDA regulated without also
being FDA approved as well. The federal foods, drugs and cosmetics act and the fair packaging
and labelling act as well are the leading laws in which the beauty and cosmetics sectors must
follow. The FD&C monitors ingredients based on their usage while the FD&C ensures that there
is misinformation branded on the particular products. If there are any problem the product may
not reach shelves that they later may have require a recall.

 ENVIRONMENTAL FACTORS: these are as follows.

The companies these days need to be very careful about their products not harming the
environment as peoples are becoming more and more conscious about the environment.
Belcorp is making a great leap in sustainability in 2017 so the corporation is aiming on making
eco-friendly products. It has a strict rules and regulation of forest certification of its packaging
which is allowed it to certify 99.85 of cardboard used products boxes. Belcorp is also a member
of carbon disclosure project in order to reduce its emission of greenhouse gases. On the climate
disclosure leadership index Belcorp has been awarded by given the ranking A. The beauty and
cosmetics sectors is focusing more than ever to try and go green like their packaging is
becoming increasingly eco-friendly in order to create a healthy environment on earth and for
less stress on the environment. But there is still growing problems like with heavy plastic usage
within the cosmetics and skin care ranges. They are not just a corporation worried about their
financial bottom line their bottom line includes the personal, financial and emotional developed
their beauty consultants. Belcorp uses natural ingredients mostly which is environment friendly
that they are very environment’s concern corporation. Belcorp organized a programme of
internal audits and established indicators for measuring and reporting on team performance in
terms of the environment and to take care of the environment and the earth as well.
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 TWO COMPANY RECENT NEWS BASED ON PESTLE’S COMPONENT

 NEWS: COMPREHENSIVE REPORT ON DIRECT SELLING MARKET 2020; SIZE, GROWTH, DEMAND,
OPPORTUNITIES AND FORECASTE TO 2026, FUXION BIOTECH, BELCORO, PERFECT, HERBALIFE,
DXN.

This news is based on pestle’s LEGAL AND POLITICAL COMPONENT. Direct selling market
research is an intelligence report with meticulous efforts undertaking to study the right and
valuable fell fledge information. The information which has been looked upon is done
considering both the existing top players and the upcoming competitors as well. Business
strategy is the key players and the new entering market sectors are research in detailed. Well
explained SWOT analysis revenue share and contact data are share in their report analysis.
Direct selling market is developing at a high CAGR during the forecast period 2020 and the
increase in interest of the individuals in this sector is that the major reason for the expansion of
this market in this world.

The A2Z market research library give syndication reports from market researchers in all over the
world. Ready-to-purchase syndication market research studies will help you found the most
relevant business intelligence. Their research analyst gives business insights and market
research reports for huge and small businesses.

The corporation helps clients build business rules and regulations and developed in the market
area. Market research are not only interested in industry reports dealing with
telecommunications, healthcare, pharmaceuticals, financial services, energy, technology, real
estate, logistics, F&B, media and so on. And also your corporation data, country profiles, trends,
information and analysis on the industry of your interest.

 NEWS: BELCORP USA ANTICIPATES 41% LABOR GROWTH THIS YEAR.

This news is based on pestle’s ECONOMICAL COMPONENT. Belcorp USA subsidiary of the
leading South American beauty direct selling corporation and they are stimulating economic
growth in the US market and specifically at its San Francisco headquarters.

About Belcorp USA international corporation Ltd. Is a private multi-brand multinational

corporation with over 44 and more years of experience in growing and selling products in skin
care, fragrances, makeup, body care, and hair care, through a network of 850000 independent
distributors and whole sellers in all over the America. Established in 2005 Belcorp USA is a
wholly-owned subsidiary that deals in beauty products in the Unites States under the L’Bel
brand which are available in both online and through a large network of independent beauty
consultants in all over the world.

Belcorp the corporate level Belcorp USA has increased its distributor-base in all over the world.
Importance of Belcorp places on bringing economic growth to its sales force and specially in
light of recent high national unemployment numbers and economic instability as well. Through
the Belcorp business opportunity and independent beauty consultants and providing flexible
work hours and lucrative earning potentials. They work together to make and create a
contribution to our community and they are providing employment and which is automatically
create the economic growth and development of the country and the community too. Belcorp is
not only a corporation Belcorp is a leader in its market world.

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 RELEVANT LINKS FOR REFERENCES:

 https://www.prweb.com/releases/2011/9/prweb8775073.htm

 https://crypto-daily.news/uncategorised/35229/comprehensive-report-on-direct-selling-
market-2020-size-growth-demand-opportunities-forecast-to-2026-fuxion-biotic-herbalife-
perfect-belcorp-dxn/

 https://www.belcorp.biz/

 https://www.plunkettresearch.com/company-profile/belcorp/

 https://incfact.com./company/belcorp-burnsville-mn/

 https://www.owler.com/company/belcorpusa#news

 https://www.technologymagazine.com/company/belcorp-technology-enabler

 https://www.belcorp.piz/en/

 https://www.smstudy.com/article/pestel-analysis

 https://www.swotanalysis.info/timetrick/belcorp/
%E2%80%93/cosmetic/goods/production/unit/%E2%80%93/brazil

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