Each week, we’ll be tracking a snapshot of year-over-year distributor revenue with our Pandemic Revenue Index (PRI). We would like to increase the sample size and are asking you to consider helping the industry through these uncertain and unprecedented times. If you are interested, reach out to Mike Emerson, at memerson@ircg.com. The sample size for the week of September 28-October 2 is 13 firms, which is one more than last week.
This week’s index shows a sales increase of 4.8% versus the same week in 2019. The eccentricities of the calendar are unlikely to be impacting the reported growth as both weeks in 2019 and 2020 included the last day of the month.
Seven companies reported increases with five of them being double digits. The high was 32%. Of the four companies that saw decreases, the range was from less than 1% to 18%, so there is still a fair amount of variance among the participants.
Thanks for following along with us as we analyze the impact of this pandemic. As we collect more experiences, we will continue to share patterns as they emerge.
