Amway, an Unbiased Review

Firstly, Amway is one of the oldest MLM or network marketing companies around today. Many people get very confused about the different between pyramid schemes (Bernie Madoff always comes to mind) and legitimate MLM businesses. No pyramid scheme could have been out in the open, under heavy government scrutiny for so long, and have become so successful. Amway is not a scam.

MLM is a marketing strategy that when put down on paper only looks like a pyramid – one recruits two, two recruit four etc., the guys in the top tiers win every time as not only are other people recruiting their massive downlines, they also able to sell large volumes of product to make the big bucks.

Older, well-established and successful MLM companies such as Amway have everything we should look for in a solid network marketing home business, but when you extrapolate that pyramid of recruits down to its bottom line today, after 50 years in business, you will understand that there are slim pickings left for new recruits. The market is saturated; and that’s exactly where Amway planned to be all those years ago.

The Amway Corporation is part of the Alticor group of companies, founded in 1959. Their main products are skin care, vitamin and food supplements, a water purifying system called eSpring, and the excellent SA8 line of laundry care products.

Amway distributors don’t just earn money from selling the company’s products, they also receive bonuses for sales made by their recruits or downline, therefore the people who have been in Amway’s system for years make all the money. This is true of any successful MLM company, part of a distributor’s earnings rely not on just selling product therefore, but from promoting the company to others.

If you do decide to join Amway they do have a buy back policy, which means that any products you haven’t sold will be bought back, which is little comfort after you have spent unsuccessful months trying to sell the products to an already saturated market.

To make sure that distributors do not try to secure a performance bonus entirely on the basis of purchases, Amway requires that distributors resell at least 70% of the products they have purchased every month. It must be also be proved that you sold those products to at least ten different customers each month, to receive a performance bonus

Sixty percent of Amway’s distributors, if you look at their criteria, are not active which means that only 40% of Amway’s distribution network is making any monthly income, the rest are buying Amway’s products for their own consumption.

It’s the long-established people at the top who are making the big money, and from what I can see the bottom of the ladder is overrun with little opportunity for a home based business with Amway that can earn more than a few dollars a month.

With an annual turnover of around $7 billion worldwide, divided by 3,000,000 distributors, that makes on average distributor’s sales come out to approximately $2300 gross per year.

Amway Training Material – How To Prosper in Amway

Amway training is by far the most important thing you will require to build a substantial downline. Each week hundreds of new people join Amway with the hopes of reaching the top, but few get there. Truth be told, 95% of Amway distributors won’t ever generate enough income to pay for their monthly auto-ship. supply you with the most current Amway training available today. I’m creating this piece of writing for you to provide you with the most up-to-date Amway training in existence. My goal is to help you get into the top 5% that thrive in Amway and become financially free.

Folks join multi-level marketing because of the low barriers to entry in start up costs as well as education level. Lots of people sign up in Amway because they don’t need to be a rocket scientist or have $100,000 to start their own business (like you would need to have in order to start most other businesses). The problem is that people join Amway lacking a good understanding of how to market it first. They sign up and figure they will learn the marketing part later. In reality, you won’t earn a decent income with Amway until you’ve learned how to efficiently market the business. Sure you can sign up a couple of friends and neighbors, but what happens when your warm list runs dry? You need to find a way of marketing the business that attracts new people to your opportunity, and that is what I’m about to reveal to you.

To begin your marketing efforts, you’ve got to be aware of the psychology of people – and that is simply that people don’t join businesses, they join leaders who they believe can lay out the road to success for them. Prior to starting your first marketing campaign, you need to know that folks do not sign up with business opportunities, they sign up with leaders who they think can help them achieve the success they are looking for. The fastest way of going completely broke in Amway is to market the business using the company replicated website. How come? Your name and email address are the only reference to you on the whole site. There are hundreds of thousands of Amway independent representatives, you must stand out if you want people to sign up specifically into YOUR downline.

You need to be very conspicuous to your prospects by providing them with value. Classify yourself as an expert and the leader that folks are seeking out. grow to be overwhelmed with the quantity of individuals asking about your opportunity and inquiring about assistance with how to build theirs. Doesn’t this sound a lot easier than just pitching your Amway business to everybody within three feet of you?

An excellent way of standing out is with a marketing system that teaches your reps how to market their business, and provides you and your downline with quality leads. When it comes to network marketing, those who use marketing systems centered around attraction marketing are some of the highest paid distributors in the industry.