Episode 348 : Is Scentsy Sinking?
About this episode
The episode discusses the recent challenges faced by Scentsy, including layoffs and declining sales, and speculates on the company's future.
A few weeks ago I received a link to an article about Scentsy selling one of their large commercial warehouses as well as Mr. F seeing it for sale on a real estate website. At first glance the article looks like a company selling off assets it's no longer using, but coupled with the issues they've had in the last year; multiple corporate layoffs, comp plan changes, reps jumping ship, and sales tanking since it's COVID height... To the trained Anti-MLM Advocate eye, it looks like much, much more. In today's episode we're opening up the conversation into Scentsy's not go great last year and speculating on what the future holds. Show Notes After pandemic run-up, Scentsy says it no longer needs Meridian warehouse Scentsy again lays off employees in Meridian Scentsy announces second round of layoffs, with hundreds losing jobs this year Scentsy layoffs, compensation plan & product changes Scentsy hits $1 billion in revenue in 2021 Scentsy announces it will expand Meridian campus Inside Meridian-Based Scentsy Stop right in … the cafeteria is worth a visit at Scentsy Commons The Influence Continuum Out of MLM The BITE Model LAMLM Book Club…
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