What is Amway? It is an MLM company conducting business through affiliates, selling household, beauty, and wellness products worldwide.
Amway founders are Jay Van Andel and Rich DeVos. In 1959, Amway company was born. The first product was a biodegradable Liquid Organic Cleaner that had a positive impact on the environment.
Steve Van Andel and Doug DeVos are now co-chairs of the Board of Directors.
Amway website: www.amway.com
Revenue: $8.8 billion (2018)
Products: nutrition, beauty/cosmetics, weight loss, household items, and energy drinks
Distributors: 3-4 million worldwide (the company does not publish exact numbers)
Is Amway MLM company?
Yes, it is because of payments and rewards which differ according to the distributor’s position in hierarchy in the company.
Is AMWAY legit company?
Yes, Amway is a legit company despite some battles with FTC ( Federal Trade Commission), which at first found that Amway was wrong, making misleading earnings claims when recruiting new distributors.
Does AMWAY use pyramid scheme tactics?
Amway does not charge distributors a hefty joining fee. Besides, Amway does not require distributors to have plenty of inventory. In another way, it would cause problems with the returns of products.
How Do Distributors Earn Money?
Direct selling. Distributors make money from buying products at the wholesale price and selling them at a 20-35 % difference.
Multi-level marketing. Besides, distributors (so-called sponsors) earn money from recruited people under them that sell products too. More people are under sponsors, more individuals who are on the higher ladder will make money.
Their payoff counts using the point system. Why is it like that? Amway uses different companies that produce products for them. It is a wide variety of third-party manufactured products.
The average income for the active distributor is $3,000 per year.
Platinum members earn $55,000 per year. However, to become a platinum member, you must have an active downline under you. In this way, you will get money from the products which they sell and additionally from the new members under you.
Earning incentives. When distributors have a downline of other people, they climb higher and get from the company various rewards.
How are beneficial Amway products?
Amway company sells cleaning products, beauty/cosmetics, energy drinks, and wellness products such as Nutrilite items.
Amway products are pretty good. However, the price is pretty high that can be an obstacle for somebody who wants to become a distributor and make a living from it right away.
Some customers praise cleaning products which can last without buying again a few months and more.
From the other side, the flagship product Nutrilite can cause problems. Why? This product contains twice more calcium compared with magnesium. It can be a risk to develop kidney stones.
2. The amount of calcium 250mg
3.Magnesium (magnesium oxide)
4.The amount of magnesium 100mg
You would ask why? Magnesium protects cells from calcium overflow. The excess of calcium is a step towards calcification in soft issues, stones in kidneys, bladder problems. Besides, the calcification leads to inflammation that, nowadays, doctors recognize as the trigger to heart and vasculature diseases.
Besides, the absorption of magnesium oxide is 4%. Individuals would not get this stated in the label magnesium amount. Can you imagine what could happen when people are magnesium deficient and have excess calcium in their bodies?
There is more information. The price of this product is $71. It would be enough for one month.
Pros of Amway
- Amway provides an opportunity to earn from home or to have an additional income besides your job.
- The company offers a wide array of various products for different buyers worldwide.
- Distributors can earn money buying products at the wholesale price and make the difference that consists of 20-35%
- Amway offers a product return guarantee during the 30 days.
Cons of Amway
- Products are overpriced
- You need a sponsor to start a business. You cannot start without it, or you need to call customer service and ask for one. The phone number is 800-253-6500.
- To make more money, you need to recruit people under yourself. It is similar to Herbalife, which profits from the so-called “downline.” The income comes from the people recruited under you.
- Amway organizes seminars and meetings at the expense of participants. Distributors spend plenty of money on traveling, workshops, hotels, buying motivational material such as CD’s or books.
- Amway requires constant work and energy from distributors because of product promotions and sales pushes.
- People cannot earn passive income as affiliates do.
Amway is a legit company, an MLM company. Despite some lawsuits, Amway manages to be in front of other companies like Herbalife or ForeverYoung. This company does not push distributors to buy plenty of inventory that does protect from stock pilling.
You will not make big money with Amway because of MLM schemes, priced products, and the need to create an active downline. Individuals spend more money as they earn. Only 0,3 % can make a profit. The rest of the distributors work hard feeding members who are in a higher position above them.
You always need to promote products, find new distributors to make little money. The middle man is still in the game. You would think that Amway sells products directly to you. Nope. The company will pay a commission to an individual who recruited you.
The company is good at persuading you and making to believe that products are exceptional and the money is just around the corner.
Thankfully there are more opportunities to earn money. Passive income is not a pink elephant dream. It is a real thing. Unfortunately, it is not with Amway.
Do you have experience with MLM companies? I am curious to hear from you.