In 1886, Mr. D. H. McConnell launched what was to become one of the most beloved brands… Avon. Let’s flash back 126 years when women were expected to be housekeepers, wives and of course mothers. In steps a man who defies convention when he builds his sales force with a team of women. D. H. McConnell intuitively understood that as salespeople women could relate to other women and bring a passion to his new perfumes better than men. Based on its direct sales approach, which was built on developing relationships and sharing conversations, Avon has been called the original “Social” Brand. However, its competition has left it in the 18th century “social media” dust. Avon has seen a 75% decline in operating profit over the last decade. A Wall Street Journal article, Avon Is Late to Social Media’s Party, reported sales for cosmetic products have steadily moved online. Although Avon does have online channels it’s not been as aggressive as other cosmetic companies. Recently Warren Buffet and Coty experssed interest in this iconic company now in crisis. In a 5/13/12 media release Avon said it would "..consider Coty’s letter.." Update: 5/14: Coty has back off of its offer. "Your total lack of engagement with us leads us to believe that you remain reluctant to explore a friendly, negotiated combination on a reasonable timetable," Coty Chairman Bart Becht said in a letter to Avon dated Monday and made public. "Two months is enough." – Reuters When my pal and social media…