Monday, October 18, 2010

Amway!!!

Business Model...

The AMWAY business model is based on the AMWAY Business Owner Compensation Plan – a low-risk, low-cost business opportunity that is open to everyone.

An AMWAY business rewards you for selling products and for sponsoring others who do the same. As your business grows, so do your rewards. In this business you earn income from:

Retail profit* on product sales to customers.
Monthly performance bonuses ranging from 3% to 25% of business volume, depending on your monthly productivity.

Monthly and annual leadership bonuses and other cash awards and business incentives based on group performance.

As an international company operating in 80 markets, Amway adapts its business model to the cultural and economic needs and standards of the markets in which it operates; our business model varies slightly from market to market.

Become an AMWAY business owner and have a business with unlimited potential of your own!

*Retail margins on health, beauty, and home care products average about 29% when these products are sold at Suggested Retail price. You have the freedom to determine independently the prices at which you sell products to customers, so you decide your retail margins.
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Amway combines direct selling with a network marketing strategy.Independent Business Owners(IBOs) may both market the products directly to potential customers and also recruit (sponsor) and train other people who become IBOs themselves and in turn have the same opportunity. Each IBO may earn income both from the retail markup on any products they sell personally, plus a performance bonus based on the sales volume they and their downline have generated. People may also register as IBOs to buy products at a discounted rate.Amway has been accused of using high pressure tactics and in effect brainwashing its IBO's, using peer pressure in meetings and threats to get IBO's to recruit more, lower income members who are less likely to complain about being taken advantage of. These claims however have never been proved in the many court cases against them due to alleged clever manipulation of the employment laws in various countries.

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