Amway, or the American Way,as it's proudly called, is one of the most popular network marketing companies. It's one of the best known MLM companies with branches in over 80 countries with over 450 products and revenue of over $8 billion. As many as three million reps work to promote the products of this company worldwide. This article's aim is to explore the business opportunity offered by Amway Global and see if it's as good as it's made out to be.
-Amway, A Brief History
1950s': Jay Van Andel and Rich De Vos launched Amway in 1959 in Ada, Michigan following their stint with marketing nutrilite products. They were impressed with the response they got from network marketing and started the business with a Multi-Purpose Cleaner, Amway?s first product (L.O.C).
1960s': The product as well the marketing scheme was an instant success and within the next decade, Amway had grown into a $500000 business with over 200 products.
1970s': This was when the company established its global identity to reach Australia, UK, Hong Kong, Malaysia and Tokyo.
Since then, there was no pause in the growth of this corporation.
- Amway Products
Products of Amway cater to day to day requirements such a health care and nutrition, beauty and skin care and kitchen needs and water purification. Nutrilite's series of health care supplements is the most popular product of Amway till date. Amway's proud of its eco-friendly image and claims to use only natural raw materials for its products.
- Amway IBO
With a working record of fifty year and strength over 3 million reps Amway may seem a sturdy venture to take up. However, the truth is, not everyone's successful in this business and we need to evaluate the opportunity to see if it really spins income as everyone claims.
- How Do You Get Paid In Amway?
Generate income through mark ups on sale of products, get bonuses on monthly targets and earn perks and cash awards for group performance.
- Why Amway?
Amway products are good to use and stylish to market. Commissions and income prospects of good because Amway has been around for long and is known worldwide. Amway products are needed for day to day use; so there's good scope for marketing.
- What Are The Amway Challenges Involved?
Here's the working procedure of a characteristic Amway rep- he or she gets sponsored by a friend, get trained about products and on selling skills, learns to accumulate his or her contacts and sell to them. Then they gather contacts or leads from such customers and contact them with requests for a meeting.
This technique could have worked wonders a few years back; but now everyone's weary of such marketing methods. There are common jokes when grown adults get together that it might be some type of Amway meeting. There are other practical problems such as getting people to meet you in the midst of their busy schedules. And competition in Amway is extremely high. If you calculate the earnings you could get from selling Amway products to your friends and relatives, you?ll find it's really not much.
- What Is The Way Out?
This is an age where internet plays a pivotal role. Going online with your Amway business is sure to bring about a revolution in your venture. Use the vast reach of the internet to propel your Amway products to reach people who are interested in them. There are various online marketing strategies that are sure to position your business such that it's accessible to people who are searching for products such as yours and gives them information about your business and contact details.
-Amway, A Brief History
1950s': Jay Van Andel and Rich De Vos launched Amway in 1959 in Ada, Michigan following their stint with marketing nutrilite products. They were impressed with the response they got from network marketing and started the business with a Multi-Purpose Cleaner, Amway?s first product (L.O.C).
1960s': The product as well the marketing scheme was an instant success and within the next decade, Amway had grown into a $500000 business with over 200 products.
1970s': This was when the company established its global identity to reach Australia, UK, Hong Kong, Malaysia and Tokyo.
Since then, there was no pause in the growth of this corporation.
- Amway Products
Products of Amway cater to day to day requirements such a health care and nutrition, beauty and skin care and kitchen needs and water purification. Nutrilite's series of health care supplements is the most popular product of Amway till date. Amway's proud of its eco-friendly image and claims to use only natural raw materials for its products.
- Amway IBO
With a working record of fifty year and strength over 3 million reps Amway may seem a sturdy venture to take up. However, the truth is, not everyone's successful in this business and we need to evaluate the opportunity to see if it really spins income as everyone claims.
- How Do You Get Paid In Amway?
Generate income through mark ups on sale of products, get bonuses on monthly targets and earn perks and cash awards for group performance.
- Why Amway?
Amway products are good to use and stylish to market. Commissions and income prospects of good because Amway has been around for long and is known worldwide. Amway products are needed for day to day use; so there's good scope for marketing.
- What Are The Amway Challenges Involved?
Here's the working procedure of a characteristic Amway rep- he or she gets sponsored by a friend, get trained about products and on selling skills, learns to accumulate his or her contacts and sell to them. Then they gather contacts or leads from such customers and contact them with requests for a meeting.
This technique could have worked wonders a few years back; but now everyone's weary of such marketing methods. There are common jokes when grown adults get together that it might be some type of Amway meeting. There are other practical problems such as getting people to meet you in the midst of their busy schedules. And competition in Amway is extremely high. If you calculate the earnings you could get from selling Amway products to your friends and relatives, you?ll find it's really not much.
- What Is The Way Out?
This is an age where internet plays a pivotal role. Going online with your Amway business is sure to bring about a revolution in your venture. Use the vast reach of the internet to propel your Amway products to reach people who are interested in them. There are various online marketing strategies that are sure to position your business such that it's accessible to people who are searching for products such as yours and gives them information about your business and contact details.
About the Author:
Lawrence Tam consulting network marketers on how to build their business online using proven online marketing methods. Bugging your friends and family is not a marketing method so stop. Get your free training at: Training For Amway
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1 comment:
An insightful post on home business.
I did come across a blog http://israel.buildlastingsuccess.com. It’s all about starting home business based on insurance and legal plans for a 36 year old cash-rich company. It is publicly traded on the New York Stock Exchange, and reports directly to the Securities & Exchange Commission. Their 15 consecutive years of RECORD growth... is 100% verifiable!
Thanks,
Steve - Best home business opportunity
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