Famous Like Me > Actress > K > Mary Ellen Kay
Profile of Mary Ellen Kay
on Famous Like Me |
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| Name: |
Mary Ellen Kay |
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| Also Know As: |
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| Date of Birth: |
29th August 1929 |
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| Place of Birth: |
Boardman, Ohio, USA |
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| Profession: |
Actress |
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Mary Kay Inc.
| {{{company_logo}}} |
| Type |
Private |
| Founded |
Dallas, Texas |
| Location |
Dallas, Texas |
| Key people |
Richard R. Rogers, CEO; David Holl COO |
| Industry |
Personal care products |
| Products |
Cosmetics, perfume, bodycare |
| Revenue |
 $1.8 billion USD (2004) |
| Employees |
3600 (2003) |
| Website |
Mary Kay Inc. |
Mary Kay is a brand of cosmetics sold by Mary Kay Inc. The company is privately held. It is currently headquartered in Dallas, Texas.
Mary Kay is a direct sales company — its product is purchased from the company by an independent beauty consultant who, after teaching women in a skin care class how to use the product, then sells it at a profit. The company has long been revered as one that "enriches women's lives", and it has over 1.3 million independent beauty consultants all over the world (who are not direct employees of the company).
You reach the pinnacle of the Mary Kay success ladder when you become a National Sales Director. In 2005, there were roughly 450 National Directors, worldwide.
The company claimed to have wholesale sales in 2004 of $1.8 billion, and claims to be the best selling cosmetics brand in the US, although no concrete data is produced to support this best selling claim. Despite FTC requirements, accurate information on retail sales, product returns, number of consultants at each level, or amount paid in commissions each year is not publicly available.
Mary Kay is a direct sales company — its product is purchased from the company by a consultant who sells it at a profit. The company has long been revered as one that "enriches women's lives", but its pyramid-like structure contributes to an extremely high turnover rate.
According to the company's statistics, only 15% of its representatives have been with the company over one year. The pinnacle of success is National Sales Director, and fewer than 0.05% of the current sales force holds this title.
Mary Kay Ash founded Mary Kay Inc. in 1963.
Competitors
Avon Products, Inc.
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