Amway has one the world’s largest market shares for water treatment systems, which are widely purchased in Asian nations. For these products, the reliability of the products is critical. “In a direct sales business, an agent is selling their neighbors.” And for an Asian consumer, these are expensive products, from $600 to $1,000 dollars. “We don’t want our agents to have to explain why these products don’t work – so we do everything we can to make sure they keep working.”
It started with a guy I randomly met at Target. Now that I think about it, it's almost as if he was waiting for a prospect right outside the store. He entered the store right behind me and then he entered the aisle I went into shortly after I did. Not that it's relevant, but I was there to buy deodorant because, well, we're not apes anymore. Anyway, he pretended to be interested in the same product that I was looking at and was like "Oh you're a Degree guy too?" I was a bit weirded out at first but I was like, I don't know, he seems harmless. We started talking about success right off the bat and how he wants to live the better life/easy life (yachts and fancy cars). He came off as very ambitious. I am too, I own a small business and I'm looking to grow it, so of course, I related to him, and that's where he thought he had me. That's right, it felt like he was out to get me.
Because of this, the vast majority of IBOs who join Amway end up making very little (if any) money. For example: Taking a look at page 11 of the company’s online brochure, they claim that only 46% of IBOs were active during 2010, and of those, the average monthly income was only $202. Furthermore, out of 300,000 active IBOs during the 2010 calendar year, only 0.25% achieved Platinum status, 0.08% achieved Founders Emerald, and 0.02% achieved Founders Diamond or higher.
Methodology: Source Euromonitor International Limited. Claim verification based on Euromonitor research and methodology for Amway Corporation conducted from August to September 2012. Euromonitor studied nine leading direct selling companies in Colombia, as provided by Amway, and through interviews with company distributors and company employees Euromonitor tried to determine if any of the companies had implemented an internal Facebook page exclusive to distributors that provides tools for customization, retailing and content management. None of the nine leading direct selling companies had this capability at the time of the research. To the extent permissible, Euromonitor does not accept or assume responsibility to any third party in respect of this claim. Further information is available upon request.
Amway's eSpring water filter was introduced in 2000. According to Amway, it was the first system to combine a carbon block filter and ultraviolet light with electronic-monitoring technology in the filter cartridge and it became the first home system to achieve certification for ANSI/NSF Standards 42, 53, and 55. According to Amway, eSpring was the first water treatment system to receive certification for all fifteen NSF/ANSI 401 contaminants which include pharmaceuticals, pesticides and herbicides. The company also claims that, in addition to these 15 contaminants, eSpring is certified for more than 145 potential contaminants, including lead and mercury.
Tex, Amway is legit, instead of listening to people who fail when utilizing Amway as a platform to build their asset, why don't you talk to people who were successful when signing up in Amway, it's like you and I getting gym memberships and I go to the gym everyday and you go once a week and you don't get results and I do and you tell everyone that the gym doesn't work when in actuality it was you who didn't put in the work.. Then you talk to people that utilized the same gym as you and all the people who didn't get results becomes the people you listen to the most because you have the same thinking they do. Which is small minded small business get something for nothing get results quick type mindset. Instead of listening to the long term delayed gratification hard working individuals who actually did what it took to make it work!
Listen to Rosemarie and Otto Steiner-Lang, who joined Amway in the hope of funding their own construction company and now run their Amway business full-time: ‘We have found in Amway the independence we were looking for. This business is a doable and affordable solution for the problems in the labor market today. Amway, which represents free enterprise perfectly, postulates and promotes the initiative of the individual, reducing the burden on the public social system.’
The recently published book, No One Would Listen, by whistle blower, Harry Markopolos, dramatically describes how SEC regulators ignored his alerts and allowed the Bernard Madoff Ponzi scheme to grow to enormous proportions. Their failure to act caused harm to thousands more people, despite his written and detailed warnings, which he brought to the agency five separate times over an eight-year period of investigating the scam. Additionally, the news media such as the Wall Street Journal and Forbes magazine also failed to respond to his evidence which he offered them. Madoff was apparetnly treated as “too big to expose.”
The successful ones? You mean those that are already on the top of the pyramid? 99% of IBOs lose money. The average income is only around $150 a month, IF that, and I believe I'm overstating. I almost fell for this trap back in the early spring. Buying almost $300 of overpriced stuff just for $9 back...? I don't think so! That's not a profit or even savings. That's a complete loss
That same year over $4 million of DeVos’s money went to Hope College, a private liberal arts school affiliated with the Reformed Church in America – in which Rich DeVos was raised – while $2.2 million went to Calvin College, associated with the Christian Reformed Church in North America. Of the $90.9 million in philanthropic donations the DeVos family made in 2013, 13 percent went to churches and faith-based organizations: $7.5 million to the King’s College, a Christian college in New York City; $6.8 million to the Grand Rapids Christian Schools; and $1.05 million to the Chicago-based Willow Creek Community Church, an evangelical megachurch. As DeVos puts it in Simply Rich, ‘My Christian faith and outreach . . . remain strong after all these years. The Christian church and Christian education are high on our list of giving.’ He goes on to say:
Of the Amway distributors who testified in the case, Rich says, ‘I have nothing against someone who tries Amway and concludes the business is not for them. But I wish they would take responsibility for their own actions instead of trying to blame the business.’ Likewise naysayers and disgruntled former Amway distributors simply do not understand how business works and are at fault for their own failures because they lack faith in their ability to succeed, and thus the necessary determination.