Amway
Review
Jay Van Andel and Rich DeVos founded
Amway Corporation in 1959. Amway witnessed
annual sales of around US$8.4 billion up to 31 December 2008.
This company has various legally separate entities or
organizations including International Dreambuilders'
Association and Dexter Yager's organization.
Amway is a MLM (multilevel marketing) company offering
around 450 products all over the world. The company mainly
deals in manufacturing Skin and Color Cosmetics, nutrilite
vitamins and food supplements, jewelry, laundry system
products, air purifiers, electronics, cosmetics, insurance, and
water purifying system.
Quixtar is the sister-based corporation of
Amway. As it deals with MLM, Amway encourages
all its affiliates to work for the corporation and thus the
company in turn offers them good returns. Amway recruits
autonomous distributors, who then recruit other associates.
Thus, the company generates profits as and when the associate
sells any product.
One of the major discouraging factors that generally
demoralize the members of this MLM Company is that they have to
market the products to family members and friends. In 2001,
Amway’s North American business proceedings were taken over by
Quixtar. In Europe, Daughter Corporation of Amway, Amivo
operates, whereas in Australia, Amway provides services through
A2k.
At present, Amway is one of the biggest direct selling
companies based on door-to-door marketing. In addition, it is
the most widespread service organization. Amway has around 10
thousand employees based in 90 countries around the world. In
fact, Amway has nearly 3 million IBOs (Independent Business
Owners) all over the world. The longevity, global reach, and
consistency to remain as the top direct selling corporation
makes Amway stand apart from other MLM companies.
Amway was once dragged to court for
practicing illegal pyramid. However, the claimants were unable
to prove this charge. Amway is amongst the most flourishing and
booming manufacturing and merchandising firm in the sector of
health care.
Amway tries to appeal people for joining a cult than any
business opportunity. The seminars organized by Amway are
reproduction of any religious meetings whereby much emphasis is
laid on reliability and positive attitude of all the members
and marketers.
Amway Corporation is widely known for its high-quality,
safe, and reliable products. People have appreciated the
varieties of products available at Amway and have experienced
good results. Since decades, Amway is committed to offer both
its customers as well as associates the privilege to run their
own MLM business. Forbes has ranked Amway Corporation as the
biggest private corporation in the U.S.
Eric Su is a
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