Thank goodness for BIG! They’re rock stars when it comes to helping us stay on top of new legal developments in our industry. Once BIG passes on the knowledge, it’s up to all of us to use it wisely to protect Kynect. There are some new FTC requirements to be aware of, and we’ve got tools to help.
New Income Claim Disclosures & Claims Checklist
The FTC issued a statement advising all network marketing companies to include median earnings on their income disclosures. Moving forward, use this Income Claims Checklist to choose appropriate disclosures. It contains the new wording you’re required to use when talking about your business.
Do’s and Don’ts Reminder
As a reminder, the FTC isn’t pulling any punches when it comes to earnings and lifestyles claims as they relate to COVID-19. They’re even checking for claims in multiple languages. Another round of warnings went out to several companies this week, and we want to make sure Kynect continues to set a good example.
Those recent warnings were a direct result of statements made by those in the field—meaning a single Associate who makes reckless earnings claims can cause trouble for everyone’s business. Revisit the new Do’s and Don’ts guide and share it with your entire team. We’re in this together, and that means we all have a duty to share Kynect responsibly!