Amway Network Marketing Review – Is This A Waste Of Time!

The Amway network marketing business opportunity is one of the oldest multi level marketing companies in history serving its customers and representatives for over 50 years. Founded in 1959, Amway has witnessed annual sales of around US$8.4 billion and has continued on to have a great level of success. Amway has grown to be one of the largest MLM opportunities on the planet and operates in more than 80 different countries. This company has produced multiple millionaires by representatives working hard to achieve this status generating 6 figure incomes every single month. There are always top earners in every field of business however how realistic will it be for you to become a top earner within this company or ultimately will it be just a waste of time?

Amway products consist of healthy vitamins, supplements, high energy drinks, beauty and body products like make up, body lotions etc. Amway has such a wide range of selling items that you can even find things like cooking pots, car & home cleansing liquids and even jewellery for sell as well. In total Amway offers around 450 products. Distributors have such a great list of stock items it shouldn’t be difficult to sell things even when people are just browsing.  Price ranges depend on what products are sold of which distributors make good commissions.  In 1999, Amway teamed up with a company called Quixtar which form a part of the Alticor Group, which then gave birth to the Amway Network Marketing program was launched.

Amway has around 10 thousand employees and almost 3 million Independent Business Owners (IBOs) worldwide. The determination to remain as the top direct selling corporation makes Amway stand out from other MLM companies.

The Amway network marketing opportunity works in a similar way to most other MLM companies available today, sell x amount of the product, recruit x amount of distributors and your financial freedom is handed to you, sounds very straightforward and easy. The marketing methods encouraged by Amway are to sell and recruit those from your direct warm market i.e. friends, family, neighbours etc. This is a tried and tested method by lots of network marketers which has produced great results. There are some major difficulties that come along with this marketing method for some representatives. Network marketing is a people business which requires other entrepreneurial people to join your down line. If you already have focused, determined individuals within your warm market then you should find it quite an easy process to sign them up, if you do not have these types you will need to hunt for these few and far between individuals which can prove extremely tiring and unrewarding.

The Amway network marketing opportunity has had sceptics watching every move made by the company and was eventually able to take Amway to court on accusations of illegal pyramid practice. The prosecution were never able to prove this charge so Amway continued with business as normal. With most businesses of this nature there are always people who do not understand this industry and are quick to jump to conclusions wasting people’s time and money in the process. Multi level marketing is nothing like a pyramid, an important factor to remember is pyramid schemes rarely ever have a product associated with the business, instead just money is paid in with the hope that you receive it back plus 20% for example. Amway operates in a completely different way and has over 450 products of which representatives sell to consumers to earn money.

The Amway network marketing business model does have the potential to create your financial independence however as mentioned above marketing this business can prove a lot more difficult than it sounds. Within my own MLM It took me a while to realise speaking to people like my neighbour who had no interest in becoming an entrepreneur whatsoever was a complete waste of my time. I hated the sheer amount of rejection that I faced not to mention the amount of money I wasted on phone calls, petrol, hotel suites, leaflets etc.

Some Amway Marketers have turned to online marketing allowing them to open doors that they had never done previously. Network marketers are always taught warm market methods with the basic fundamental being people may join your team because they know, like and trust you, put any decent business model in front of them and there is a possibility of them joining purely because of you. Working online is effectively a much colder market however using personal branding (attraction marketing) strategies like creating blogs and lead capture pages is a great way for prospects from all over the world to learn more about you and what it is you do thus turning a relatively cold market into warm.

Online marketing has allowed Amway reps to generate 50+ leads every single day virtually on autopilot which is great. This solution to marketing has had fantastic results worldwide creating millionaires in the process and could help practically anyone in the world have better success within any MLM company including your Amway network marketing business.

Finally, is the Amway network marketing opportunity a waste of time? Certainly not however discovering an effective marketing strategy could make or break your Amway business. To learn more information on marketing your business online click this link NOW

Filed under: MLM Company Reviews

Like this post? Subscribe to my RSS feed and get loads more!