Since you are reading this, you are most likely either trying to decide whether you want to invest your hard earned money into the Amway opportunity or you are already involved with the company and are trying to find out what other people have to say about your company. Either way, you will definitely want to read this entire article from start to finish. I personally have no affiliation with this company; therefore, this will be a completely unbiased yet very informative review of the Amway company. It does not make a difference to me whether or not you invest your money with this company. Read the facts and decide for yourself what you think.
So, what is Amway all about and what sort of products do they sell?
Amway is a company based in Ada, Michigan that was founded by Jay Van Andel and Richard DeVos in 1959. The companies products include home care products, electronics, jewelry, insurance, cosmetics, personal care products, Nutrilite dietary supplements, air purifiers, and water purifiers. The largest selling brand that the company has are the Nutrilite supplements, also known as Nutriway in some countries other than the US.
What type of system does Amway use to allow you to make money?
Amway is a direct selling company which uses network marketing to sell their products. Specifically, they use what is called MLM. MLM (Multi-Level Marketing) is a strategy based on multiple levels of compensation, which means that not only will the seller make money on their own sales but will also profit off of sales made by people who they recruit (their downline).
What are some good and/or bad things being said about Amway?
Amway currently operates in more than 80 different countries around the world. The company reached an annual profit of $9.2 BILLION in 2010. As far as rankings, in 2004 Deloitte ranked them #114 out of all of the largest global retailers, and in 2010 Forbes ranked them #32 among the largest private companies in the US. The company has been involved in several court cases in the United States as wall as other countries over the years for suspicious business practices. The Nutrilite supplement brand sold by the company had a consumer satisfaction rating or 96% in 2002. This was the highest rating in the direct selling/MLM category at that time. Four yours in a row from 2006 to 2009 Nutrilite also won the "Platinum" and "Gold" awards in 5 countries over all in the "Trusted Brands of Asia" survey by Reader's Digest. Another brand eSpring which is a type of water filter is another brands sold by Amway which has also won "Platinum" and "Gold" awards in that same survey over the years.
Whatever business opportunity you are seeking or actively working, there is one major aspect that sets the people who make a little money apart from those who make a LOT! That aspect is Lead Generation. If people can't find you, then people won't even know about your product. If people don't know about your product, they won't buy from you. If no one buys anything, you make no money.
