How To Make Money With Amway – Without a doubt, this infamous network marketing company is the original mobster and undisputed heavyweight champion of all MLM.
Amway Global is the number one direct selling company on the planet, grossing around $8-9 billion a year.
How To Make Money With Amway
If you’re a budding entrepreneur living more than 15 minutes, you’ve probably heard of it.
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Although things have calmed down a bit in recent years, there was a time when it seemed like there were Amway distributors lurking around every corner.
What is it about Amway that has drawn millions of everyday people into its vortex for 60 years now?
Based in Ada, Michigan, Amway is an MLM company that sells health, wellness, beauty, nutrition, and home care products to the general public.
Amway is one of the few companies that can rightfully claim to have pioneered the business model we all know and love as…
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Amway now has more than 17,000 employees and operates in more than 100 countries and territories around the world, including Canada, China, India, Japan and Thailand.
But at this point, I really wouldn’t be surprised if they even had a few penguins on board:
Although the company does not officially release the number of registered distributors it has, a commonly quoted figure is between 3 and 4 million worldwide.
At the time of this writing, Forbes magazine ranks Amway as the 49th largest privately held company in the United States by revenue.
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Stretching a full mile from east to west, it has 80 buildings in total with some 3.5 million square feet of manufacturing and office space.
Officially known as the Amway Center, so named because the DeVos family (Richard DeVos co-founded Amway) OWNS the freakin’ team.
The company has launched many other commercial sponsorships in the past, including as a former jersey sponsor of the San Jose Earthquakes, a Major League Soccer team.
Amway was founded in 1959 by longtime friends and business partners Jay Van Andel (top left) and Richard “Rich” DeVos (right).
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But a decade before, Rich and Jay started by marketing a line of nutritional products from a company known as Nutrilite.
Previously named The California Vitamin Company, Nutrilite’s fame was for selling the very first multivitamin in the United States:
Impressed by the revolutionary direct selling model used by Nutrilite, DeVos and Van Andel quickly became top distributors.
They also loved how the company offered commissions on product sales to newly recruited distributors they brought into the business – a system called multilevel marketing or network marketing.
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After building a team of over five thousand distributors, Rich and Jay decided to leave Nutrilite (along with their top recruiters) and go it alone.
The two entrepreneurs started a new company known as The American Way (later shortened to Amway) so they could expand the product line to include common household items.
DeVos and Van Andel’s first agenda was to purchase the rights to what would become Amway’s first product:
They then changed the name of the product to L.O.C. aka “Liquid Organic Cleaner” now known as “Legacy of Clean”.
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This cleanser, along with their Nutrilite supplements (which the company later acquired), became the core of Amway’s product offering.
This direct selling giant has added all kinds of new products to its repertoire, including several product divisions that alone achieve billions in annual sales.
Amway was briefly considered an “internet company” in the late 1990s and early 2000s when it launched the now-defunct web brand known as Quixtar in North America.
The biggest difference between Amway and Quixtar was that distributors (known as “Independent Business Owners” or “IBOs” for short) could order their products directly online.
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Unfortunately, the Quixtar brand failed to gain mainstream popularity and after 7 years (and a class action lawsuit) it was discontinued.
Beginning in 2007, the Quixtar name was quietly phased out and now all Amway business owners worldwide are branded as Alticor, Inc. like one big happy family.
Primarily thanks to their MLM business model, it’s fair to say that Amway doesn’t exactly have the best reputation with the mainstream these days.
I know several people who have used their Nutrilite dietary supplements and have nothing but good things to say about them.
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Nutrilite claims to be one of the only vitamin/mineral brands on the planet that grows, harvests and processes botanicals for their supplements on their own certified organic farms.
Their household cleaning products are equally high quality, with L.O.C. being a revolutionary cleanser in terms of being fully biodegradable and made with organic ingredients.
And we can’t forget the company’s Artistry line of cosmetics and personal care products, which is a juggernaut in its own right, generating billions of dollars in revenue a year.
Amway also offers a popular “eSpring” water filter that has earned mad respect in water purification circles, earning an “excellent” rating from Consumer Reports, among other accolades.
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This sugar-free energy elixir courses through the veins of countless IBOs around the world, generating annual sales of over $100 million.
There are literally hundreds (450+) of other products in the Amway catalog, including Amway Home™, Satinique™ (hair care) and Atmosphere Sky™ (air treatment systems)…
The only strike I would count against Amway when it comes to their products is their typical MLM inflated prices.
Based on my own research and people I know personally, I can honestly say that Amway seems to deliver on its high product quality.
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It’s almost unfortunate that a company that produces such impressive products has had so much controversy surrounding its business opportunity.
Pro: Why is Amway legit? ✓ You won’t have to worry too much about stability with this one.
As a longtime member of the Direct Selling Association, Amway is the largest and most successful MLM company in the world.
Which means you’re partnering with a 60-year-old company that makes sales of $8-9 billion a year.
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To be fair, Amway’s sales have been on a downward trend in recent years, but it’s safe to say they’re here to stay.
If you want to become a full-time Amway IBO, you can be proud of what you sell in terms of products.
Since many of Amway’s positive reviews often come from their own distributors – who aren’t exactly unbiased lol.
✓ As the most established network marketing company, Amway offers top-notch training materials and events for its IBOs.
How To Make Money With Amway — David Granger
Amway offers many free training programs and resources to help you take your small MLM business to the next level.
And no sketchy information packs that you would be embarrassed to hand out to your friends and family members, ie “potential distributors”.
They also host several training conferences throughout the year to keep you motivated and inspired (if you’re into that sort of thing).
However, this should not be confused with the many unofficial motivational books, videos and other business support materials (BSM) that you will be encouraged to purchase from your upline.
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Cons: Is Amway a pyramid scheme or a scam? ✗ When it comes to business opportunities, Amway’s reputation is anything but shit.
When most people hear or type the word “Amway” into Google, a wall quickly goes up before you can even start talking about the company.
To combat this, many of their IBOs have resorted to memorizing creative rebuttals to avoid using the company name from the start.
It also explains why the World Wide Dream Builders organization, affiliated with Amway, has been so successful – they don’t have to mention Amway upfront.
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With allegations that include price-fixing and exaggerated tax returns, the payment of millions of dollars to former distributors for deceptive marketing practices.
Anyone who has been in this industry for any length of time knows that all MLMs walk a fine line between selling the products and selling the dream.
As you would expect, one of the biggest and oldest charges against Amway is that it is an illegal pyramid scheme.
But the FTC actually ruled that out in 1979 due to the fact that Amway doesn’t specifically pay people for recruiting new distributors.
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Although, as we all know, recruiting is the lifeblood of all MLMs and is obviously strongly encouraged.
✗ Being the original MLM, it’s no surprise that IBOs are under a lot of pressure to sell products like crazy and buy more for personal use.
Not to mention the not-so-easy challenge of convincing someone to completely switch from cheaper store-bought brands.
This had led to the company launching some of the most annoying and aggressive distributors in the MLM universe.
Amway Business Model
But it’s also why Amway has been accused of nearly brainwashing its recruits with pro-Amway propaganda.
Above that, the few people at the “Crown” level are earning residual incomes that seriously border on unbelievable.
But like most other MLMs, they unfortunately make up a pathetically small percentage of the total number of registered distributors in the business.
To put it into perspective, Amway Corporation has paid out nearly $60 billion (with a “B”) in bonuses and incentives to distributors since its inception.
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But according to Amway.com, only 48% of all IBOs are active with an average gross income of around $200/month.
Like all direct selling businesses, for most people this will be an uphill battle
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