If you are reading this Amway review I am going to guess that someone has spoken to you about becoming an Amway customer or distributor and you are searching the internet doing your due diligence, well good on you, that’s the first step that anyone should take when they are thinking about going into a business.
Might I recommend to you that you be as objective as you can when you are doing your Amway Review becausethey are an $8.5billion dollar company and believe me you can’t get to that size without having a whole lot of people saying both good and bad things about you. Research as much as you can ask the person who is prospecting you as many questions as you feel you need to, and then make the decision that feels right for you.
A point I want to make right here is that I am not an Amway distributor and I am not here to defend nor attack the Amway corporation. My goal is to give the most objective Amway Review I can. I can tell you I am a successful Network Marketer but I will not be attempting to convince you to join Amway or any other Network Marketing company, but I will provide you with some very valuable information at the end of my Amway review that you will need to take a look at to make sure you decision becomes a successful one.
The Amway Company Review
The Amway corporation was founded by Rich DeVos and Jay Van Andel in 1959 it is claimed to be the first Network Marketing company to launch in the market place. When the company first launched it had only one product that was L.O.C which was branded as a Liquid Organic Cleaner, now its product portfolio is around 2500 items.
It was 1962 before Amway expanded beyond the USA and they launched into two countries that year opening in both London, England, and Ontario, Canada. They now operate around the world in 80 countries including most countries in the Americas, South East Asia, Australia and Africa the European Union and Japan and Korea.
The company since 1995 has been headed up by its Chairman Steve Van Andel who is the eldest son of one of the original founders Jay Van Andel, he was joined in 2002 by the youngest son of Rich DeVos, Doug as the president of the company
Amway has added major brand extensions in their portfolio over the years in 1968 they added artistry their cosmetic range and then in 1972 they added nutrition to their portfolio with the acquisition of Nutrilite.Amway has also included in its expansion programme a hotel, the Grand Plaza in Michigan, which opened its doors in 1981 and then in 2010 the Amway Centre opened in Orlando Florida, which is now the home to the Orlando Magic Basketball team and a 20,000 seat, event & entertainment centre.
So does all of this vision and expansion make Amway the best business option?
Unlike most other Network Marketing companies Amway has had more than its share of controversy, part of that can be put down to the fact that it was the first Network Marketing which meant it challenged convention by bringing entrepreneurship to the average person for what appeared to be a limited amount of capital investment. Another thing that put Amway in the limelight was the fact the so many people failed when they joined as independent distributors. The original and outdated marketing strategies had many people hounding family and friends under shrouds of mystery and evasiveness and this had the flow on effect of people feeling cornered and deceived.
How do you make money with Amway?
The Amway compensation plan is a basic stair step breakaway plan that can have distributors earning significant amounts of money should they be one of the 5% that hit the top of the pay plan or next to nothing if they don’t.
There are 3 basic ways to earn money with Amway, retail commissions or product sales to customers, monthly bonuses from 3% to 25% on business volume depending on the monthly productivity of you and your group and monthly and annual leadership bonuses. Plus there are plenty of trips and other incentives on offer.
Has the opportunity to make money with Amway passed, is it too late to get involved with this opportunity?
In my opinion it is never too late to take advantage of an opportunity just some are easier than others. There are always pros and cons to starting with a company that is well established in the market place and there is no doubt that Amway is well established it has been operating since 1959!! The thing you need to check out is what is the potential for Amway to expand? The other thing you need to look at it that an older company can lack the enthusiasm and drive to be a top performer in today’s market place we are fast paced hi tech, open and user friendly.
Conversely there are a lot of risks with joining a start up company who are not yet established and their financial position not yet consolidated.
The marketing strategies offered by many of the top leaders in Amway are to directly or indirectly approach family and friends and most people don’t feel comfortable doing that. A more comprehensive strategy is required to become a success in the Amway business or in any Network Marketing company.
If success is really what you seek and you are willing to do some work, you can make money in Amway and the way to do that is to have people ringing you and you need to generate s supply of fresh and eager leads every day. I have given you a link at the end of this article that will take you to a free webinar that explains exactly how you can do that and create a highly successful Network Marketing business while helping others to do the same. Don’t look down the barrel of not being equipped to meet the market, what you will learn on this free webinar could take years off your learning curve and help you create a highly successful business.
I hope you have found this Amway review helpful, and well done for wanting to be an entrepreneur! Just remember to do your homework well, have a strategy in place to market your business and then be prepared to help other people do the same!
Yours in Success
PS Use this link to take you to a FREE webinar on how to market your business successfully without hounding friends and family