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Reading & Reviewing articles to bring us both addtitional knowledge & to create value. Today's article is an amway review and if you can really make money selling amway.
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Amway Review -- Can You Really Make Money Selling Amway Products?
by Rob Tritt
Amway was started in 1949 by two Army buddies, Richard DeVos
and Jay Van Andel. Devos and Van Andel started out as
distibutors for Nutrilite food supplements. Nutrilite was a
California-based direct sales company. It was founded by
Dr. Carl Rhenborg, developer of the first multivitamin
marketed in the U.S.
Van Andel and DeVos were very excited about the opportunity
to work with Nutrilite because, in addition to the being
paid on sales of the products, Nutrilite payed a commission
on the sales of products by new distributors who were
introduced to the company by existing distributors. The
process of paying an existing distributor on sales by new
distibutors has become a cornerstone practice of the network
marketing industry.
DeVos and Van Andel left Nutrilite in 1959 to start The
American Way Association in order to diversify their product
line. The first product that they offered was a
concentrated, organic cleaning product called Frisk. In
1960, the company's name was changed to Amway Manufacturing
Corporation. In 1964, Amway Corporation was formed by
merging the Amway Sales Corporation, Amway Services
Corporation, and the Amway Manufacturing Corporation.
In 1999, a new holding company, Alticor, was established.
With Alticor came an internet focused company called
Quixtar. In 2001, Amway was officially renamed as Quixtar
for the North American Market; however, the international
market name remained as Amway. For 2009, the entire
organization would fall under the name Amway Global.
Amway's extensive product line offers over 450 different
products directly from the company. However, there are
hundreds of other products which can be offered which are
manufactured by other companies. I have used many of the
more common household products, and, although more expensive
than other brands, I found all of them to be of excellent
quality.
Amway's marketing strategy is a combination of both direct
sales and network marketing. Independent Business Owners
(IBO) are paid based upon their business volume. They have
three different methods of generating volume. They may sell
products at retail price to consumers, they may sponsor
others to become IBO's, and get paid on their sales, and
they may also purchase the products for themselves
(wholesale price) as well.
Each IBO builds volume by selling to a retail customer;
however, the IBO may also purchase the products for
themselves (wholesale) and generate volume that way as well.
Additionally, they make an override on the volume generated
by their downline members. They are paid based upon their
level, which is based upon the volume of all of their
downline members.
Amway has had its share of controversy; however, the 3.5
million distributors generated over $8 Billion dollars in
revenue for 2008. While Amways program may not fit for
everyone due to the fact that it does rely upon sales
through direct contact (i.e. presentations, etc.), it
definitely offers some an opportunity to make some extra
money.
Rob Tritt is a professional internet marketer who works with
entrepreneurial minded people from around the world. He has
a passion for others who wish to start their own internet
marketing business. http://www.1ticket2wealth.com Click here if you
would like to learn more about http://www.4freedom-4wealth.com Rob Tritt and
about how you can claim a FREE special report on online
marketing techniques and get 3 trainings for FREE
Amway Review -- Can You Really Make Money Selling Amway "Amway"
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3 likes, 2 dislikes
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Изучаю маркетинг сетевых компаний, для выявления эффективной системы построения бизнеса через интернет. Мой скайп - fily74
funt74 10 months ago
You started with a mistake. It was founded in 1959. :)
fredye1000 11 months ago
The concept of franchising came from Ray Kroc founder of McDonalds. He created a business system and taught others how to have their own business. The people who took advantage of the system made money and Ray also made whats called royalty or residual income from others. If Ray had no workers then he made no passive income. The choice is up to you people. Either you are say ignorant things and have an average lifestyle or you will go beyond the masses and have success of the world.
BizzWin2010 11 months ago
Any legit business has to have a service or product to offer people in order to stay in business legally. If you have no service or product, then you have no business and that is why Amway has increased sales in a down economy when most big and small businesses were closing doors. They have products that people buy on a daily basis, most of all, 100% organic, unlike what you buy at the grocery store.
BizzWin2010 11 months ago
Good video..let me correct all of the so-called geniuses who say you make money by signup up people. Any type of business, program, or opportunity that doesnt offer a service or product for sale is considered illegal in the United States. You get paid on personal volume which means whatever u buy and sale, plus the sales of customers, and the sales of your downline. If you have a 1,000 downlines and nobody is buying or selling anything then you make no money, plain and simple!
BizzWin2010 11 months ago
Thanks Todd. I also like to use beforeyoujoin. org on these things.
wwwNerdpickCom 1 year ago
Amway is the truth. i went from a random guy to setting up penthouse parties at our citys casinos. The products r so good a local semi pro football owner just promoted me to head of sales and marketing. ive seen so much money in only a few months. ill give myself 9 months until its good bye dead end job and ill curse my old boss out lol
diddypops2000 1 year ago
guy cant even read
bb20jt 1 year ago
you dont need to sell amway products, you consume Amway products instead of buying in stores, each product gives points to buyer when buyers accomulates 100 points IBO's are considered active. and therefore receives a refund check per month.
valentino0000 1 year ago
fuck you
papipapi007 1 year ago