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2007-07-21 14:11:19 · 8 answers · asked by David l 1 in Business & Finance Small Business

8 answers

Amway is one of the earliest "networking" business ventures. The idea (similar to insurance sales) is to get someone to join the program and then go out a sell to all their friends. But unlike insurance sales, these new customers will join the program and sell to their friends, and so on....Amway's goal is to sell their product and there is nothing wrong or illegal about that.

Pyramid scams take off from this concept. The difference (besides being illegal) is that they are really not selling a product, rather they are getting people to pay a fee to join the program with the promise that when they hire others (who in turn hire others) that they will make money off the efforts of people joining up after they have (by getting a commission on the new member's sales). Just remember, "if it sounds too good to be true, it probably is"....

Hope this was helpful.

Jim N.

2007-07-21 14:33:17 · answer #1 · answered by Jim N 2 · 0 0

Is Amway a good business? In case you ask a broke person who works at a regional grocery store they more commonly don t know a lot about industry, if Robert Keyosaki is in Amway, John Sestina the highest financial planner in the us, and Donald Trump all supply it a thumbs up i'd say umm YEAH! Don t ask a homeless character find out how to get rich! Go to a millionaire and ask them? For those who are in some other multilevel marketing I dare you to find the top 10-one hundred Distributors towards the same in Amway and examine life! You're going to see while you construct Amway business with appropriate structure you construct it as soon as! Phrase of advice if anybody says they know Amway and don t feel its a just right manufacturer ask them to show you the 6-4-2 sales and advertising and marketing plan... Guess they are able to t bet they have got no clue what you might be talking about! As a substitute examine Forbes, DSA, FTC, AG and many others suppose they know business higher than healthcare professional, or even most authorities Its precisely like a health fitness center, if all you do is buy the membership you wont get match! There s a approach to constructing muscle and fitness all features need to be followed in an effort to get excellent results

2016-08-04 06:19:17 · answer #2 · answered by ? 2 · 0 0

There was a time when Amway was a good opportunity but that time has long since past.
Back in the 60s and 70s Amway had some great household products from drain cleaners to furniture wax, and they were better than the other commercial products. They would do personal demonstrations in someones home ( including yours ) to prove their point. And prove it they did. At that time it was a great money making opportunity and many men and women got rich from it. Today the only money to be made with Amway is to sell the products door to door.

2007-07-21 14:25:35 · answer #3 · answered by 52donnie 1 · 0 0

I've used some of their products and they are OK but priced higher than similar products on the market. It's easier to just go to the store an purchase what you need, when you need it, rather than go through the Amway ordering process.

I've see some people try and make a living by selling Amway products and they usually fail. Finding a steady stream of repeat customers seems to be a problem, that's why dealers are encouraged to bring in new sales members.

I think it's a nearly impossible business plan for most people, but you may be the exception.

2007-07-21 14:26:58 · answer #4 · answered by johnfarruca 2 · 0 0

I really dislike Amway and other similar business models. Most, if not all, of your future success is based on recruiting other people, who in turn recruit others. The focus of any good business should be providing a good product or service for a reasonable price.
For the last few decades, Amway has seen most of its growth overseas.

2007-07-21 14:47:57 · answer #5 · answered by exqli 2 · 0 0

https://www.facebook.com/weramway

2014-05-08 00:53:10 · answer #6 · answered by vinay p 1 · 0 0

I don't recommend any MLM. All products/services are over-priced, in order to pay the upline their commissions. And, most practially force you to pay overly-inflated prices for workshops and materials. To some extent, they're all scams.

2007-07-21 17:03:18 · answer #7 · answered by jdkilp 7 · 0 1

They still exist? I don't think they have actual customers, just suckers brought into their MLM plan.

2007-07-21 14:17:16 · answer #8 · answered by Anonymous · 0 1

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