Global Wealth Trade
Global Wealth Trade is a Canadian-based multi-level marketing company that distributes Luxury Fashion products under the brand names FERI and FERI MOSH throughout the world. The products include Jewelry (silver, high tech ceramic, tungsten and plangsten), purses, sunglasses, gloves, watches and other accessories
History
Global Wealth Trade was founded by Ramin Mesgarlou AKA “The Forensic Networker” in April 2005. Global Wealth Trade creates Luxury Products, Ramin Mesgarlou's family has been involved in the jewelry business since the late 1800s. Wealth Trade has approximately 10000 plus distributors. It is open in over 60+ countries GWT moved their headquarters to Toronto, Ontario, Canada in 2008 from Ottawa, Ontario.
Founder
Founder and CEO Ramin Mesgarlou began as a distributor in Direct Sales Industry in 1990. He was the Vice-President of a media company and the President of a Direct Sales company in 2003. He was part of 4 direct companies and has created over 30,000 distributors in over 15 countries.
Global Expansion
Global Wealth Trade has achieved average annual growth of 297 per cent per year since 2005. Global Wealth Trade distributes Globally. GWT is present in Africa, the Caribbean, Europe, South and North America and Asia.
Business Model
Global Wealth Trade uses network marketing to sell and promote their products. Their salespeople are called "Luxury Consultants" that distribute in over 80 countries plus. A Luxury Consultant sells and recruits others to sell the brand under the Direct Sales Model.
FERI Designer Lines
FERI is the product name that is sold by GWT through Consultants and its first product sold in 2005. FERI competes with the likes of Louis Vuitton, Gucci and Tiffany. FERI has over 900 different designs Feri's products range from $30 to $4600 in price. In 2012, FERI introduced a new high fashion custom jewellery line called Posh. Posh has over 110 designs and the prices range from $9 to $44. Feri's Vice President of Product Development and Design is Sanaz Hooman.
FERI MOSH
FERI MOSH is an Luxury Jewelry collection with a 21 ands 19k gold product line. Each FERI MOSH design is different. It took years and millions of dollars for the 21k gold to be developed. FERI MOSH also has a 19k bridal collection. FERI MOSH has over 200 designs with a price range of $2100 to $750,000.
Figures
GWT Luxury consultants average growth is approximately 122% per year with a consultant's retention ratio of 96%. Worldwide annual sales growth from 2006 to 2009: Global distributorship growth from 2006 to 2009: 2006–2007: + 112% 2006–2007: + 198% 2007–2008: + 642% 2007–2008: + 712% 2008–2009: + 138% 2008–2009: + 230%