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Also known as Quixtar in the USA,Amway is definitely the oldest and one from the largest MLM companies in the world, by having an annual turnover of over $9 billion. It started out as an offline home business, recruiting members from demonstrations of their concentrated cleaning products at presentations around the globe. With a mixture of good products and savvy marketing strategies, Amway became a king of network marketing, pushing Avon for that #1 spot.
Amway Review: The Founders
The founders associated with a multilevel marketing company are important to the authenticity and professionalism that they'll offer to potential members. In this case the founders of Amway are Rich DeVos and Jan Van Andel, two friends who had previously been distributing Nutrilite supplement products. In 1959, simply because sales were dropping off, they founded the 'The American Way Association' to represent the distributors of Nutrilite and sought out other products to promote.
Their first product was a concentrated organic cleaner known as Frisk, that they changed to LOC (Liquid Organic Concentrate). They sold this under the company name Amway Sales Corporation and purchased 50% from the Frisk manufacturer Atco, and then bought Nutrilite in 1972.
The organization is therefore well founded by two guys with good business brains. It's not going to disappear soon, so if you're searching for a trustworthy, safe and highly respected network marketing opportunity then this is it.
Amway Review: These products
Amway markets its original LOC concentrated cleaning products, Nutrilite supplements, books from Barnes & Noble, wine (Realm of Wine) and many more such as their eSpring water filter - the very first domestic filter to attain certification for ANSI/NSF Standards 42, 53 and 55. They also market personal maintenance systems, jewelry and electronic products.
Amway products work as they ought to, they're well respected and they are often leaders within their field of use (c.f. eSpring). Amway's Artistry makeup products are particularly popular in the USA. Amway goods are simple enough to market, and therefore are easily demonstrated at training and promotional events and parties.
Amway Compensation Plan
This varies between countries, but generally you can generate a commission on direct sales - typically from 20%-30% of the retail cost. Let's say you sell a particular volume you may also earn a volume bonus of up to 25%, though generally around 5% if you don't sell a great deal of product. This volume would usually be accumulated from your sales of Amway products for your recruits.
There are other bonus payments you can generate once your recruits sell a particular degree of product, but it's complicated. The reality is that generally you would sell product to your recruits who and then sell on, with the idea to their recruits or to the public.
Amway Review: Summary
A major problem with Amway is exactly what you're charged for promotional material. Hence you pay $50 every month for training and tapes to motivate your recruits, and there are other costs involved. The motivational material is great, but not a great deal more than you can get free anywhere else.
The compensation plan is complicated to understand and is a stairway breakaway system that works for many but not for everybody. It's totally sales oriented, which may 't be bad, but largely involves recruits purchasing product from their sponsor to sell on to the public. Again, some may prefer this kind of system however it doesn't suit most.
Finally, Amway's strength is based on its products and management. The products are excellent, with many repeat customers. The company is well managed, but whether you decide to select Amway as a viable source of income depends on whether or not you discover the compensation plan attractive to you.
However, Amway is popular for reasons that might 't be clear in this Amway review. Many people discover that they are able to create a good living from Amway when they subscribe to the firm's way of doing things and appear upon it as employment and not simply a sideline for residual income. You should find selling these products relatively simple, to be able to make a good income with volume sales - or even better, recruit others to market for you.
Quixtar You may have seen Quixtar mentioned in relation to Amway. Quixtar was launched in 1999 as Amway's internet-based sister company. Amway then changed its United states business to Quixtar in 2001, retaining the marketing name of Amway in the world. Regardless of this, most people still refer to the company as Amway.
