Welcome to my blog Is Amway Legit or fraud?
There always talk about this company because it’s been in business for literally decades now.
Probabilities dictate someone approached you about their products or compensation plan and you landed here to make sure it’s on the up and up.
As your personal tour guide I am going to guide you through the Amway company, products and compensation plan so you can make an intelligent decision
Make sure read this to the end and PAY attention to detail …
Amway Review (Company)
Amway is one ofthe grandaddies of network marketing. It launched back in 1959.
The founders are Rich Devos and Jay Can Andel. They always wanted to build their dream business, and they did.
More than 60 years later, the business is strong and continues to operate in well over 110 countries worldwide.
It continues to be the highest revenue producing MLM company on this planet.
They have 4 original four tenants:
- FREEDOM
- FAMILY
- HOPE
- REWARD
Amway as done well for itself, but they have felt some pain from regulators like the FTC.
They are back in good graces as they made the necessary changes.
Another big MLM company called Herbalife has been hit by the FTC a few times over it’s span of being in business but again they changed what needed to be corrected.
Let’s take a look at the products inside of this Amway review.
Amway products range in variety from health supplements & vitamins to beauty to laundry detergents.
Truly, they have a vast range of products you can purchase.
Now I am not going to list every single product, but will let you know what categories they operate in…
- Nutrition –Energy Drinks, Vitamins & supplements, weight management, & sports nutrition, .
- Beauty – Makeup, Skincare and more.
- Bath & Body – Oral care, Body Care & Healthcare.
- At Home – Cookware, surface care, laundry dish detergent, and more.
- Jewelry & Accessories – bracelets, gift sets, necklaces and more.
- Fragrances – A variety of selections in the Personal Accents line.
- B2B Products – cleaning, and laundry products, Commercial-sized agricultural
Much of their pricing, it’s resonably close to market value.
Many network marketing companies price their products on the high side, but Amway seems to do a good job on being competitive.
Let’s go through the compensation plan next…
Amway Compensation Plan
Amway pays their IBO’s to sponsor new IBO’s and acquire new customers that purchase products at retail.
Here is a great video explaining the Amway compensation plan. I posted it underneath.
Note you make sure you just watch it for information purposes only.
The compensation plan is binary and unilevel combination.
When it comes to the business opportunity side you are paid to sponsor as many IBO’s who can buy.
Just make sure you have a system to put a team members in place that duplicate good results.
Cost To Join Amway
The cost to join Amway and becoming an Amway IBO will depend on which product package you chose:
- IBO Literature Kit = $62. Includes a step-by-step guide to starting your own business with Amway, brochures and training programs, as well as information about the company’s bonus programs. No products here
- IBO Product Kit = $83.99 – Includes everything found in the Welcome Kit, plus $150 worth of full-size products that you can try.
There is a 90 day refund guarantee in force which is a good thing.
Attending An Amway Presentation
When it comes to beginning your own network marketing business it’s not always easy.
This Amway review was done because you need to hear the truth behind everything.
MLM is not bad, but it does take work. No free ride here.
When a friend or family member wants you to attend an Amway Opportunity Presentation, follow the five steps I outlined below.
Unfortunately many these Amway presentations are full of hype, but when you are going through them just realize it’s going to take work.
The Five Steps To Take Before Joining Amway
Follow the five steps below:
- Know how much money you’ll have to spend each month on products, training material, seminars, and conferences.
- Ask how much time is required to reach a significant income level.
- Ask for some proof to back up their claims. Don’t allow them to change the topic. If they tell you how easy it is to make money and give you some figures, ask them to factor all of the costs into the equation.
- Ask how many people are making the really big bucks. If they give an honest answer, then ask them why most people don’t actually make money.
- Ask them what your specific chances are of making real money.
- Unfortunately, the simple truth is that 99% of IBOs will not succeed.
Now remember that you might not get a truthful answer so you must use your own common sense.
If you get COMPLETELY positive answers, something is amiss…
Now the reason 99% of IBO’s don’t make any money is they don’t treat it like a business to start with.
They are stuck on the hype and if they see little to no results coming in for a month, they vacate.
So that number is a bit misleading.
The people who succeed persist, work on their success mindset and adjust when things aren’t working.
This is why the success rate is very low…
If you don’t change dollars for hours mentality to an entrepreneurial one, you cann’t and won’t succeed.
Different from other Amway reviews out there I am going to tell you if Amway is on the level.
Final Verdict
So Is Amway Legit?
Just look at the facts…
The MLM company has been operating for over 60 years and continues to be the highest producing MLM.
The leadership over the years is improving and they have adjusted to any issues they have had in the past with the FTC.
The products and compensation plan are both good and reward both retail sales and sponsoring new Amway IBO’s.
As someone brand new, the only issue you face is getting this off the ground.
What most network marketing companies tell their distributors to do is to inform your family & friends. Hoping they stick
Do home events and 3 way calls.
You know there is a better way.
Utilizing technology, you can target people who are interested in your offer and actually reach out to you. No chasing involved. instead of chasing people.
In the end these people make a much better business partners or customers as compared to friends and family.
To learn all of that, keep reading…
Right now, I hope you enjoyed my Amway review and should you have any questions, please post them in the comments below…
Now for the people who want to learn the requisite skills to really have people come to you about your products and services…
How To Sponsor People On Demand
I have been in the network marketing field for a few years and have done well in this industry so I know what to look for when you join a company…
What I learned is to target people who are interested in your network marketing business, drive them to your landing page and convert them to sales through technology.
If this interests you….
I am going to show you how to sponsor 10, 20, 30 people a month or more in your network marketing business.
Once you have done with our training, we are going to help you LAUNCH your business online and acquire your first sale.
The first sale is the toughest.
Not only that, every single student that comes in our education platform will get a one on one advisor to help you every step of the way.
It’s really simple to make your decision
Only down side is we have limited spots per month because of our one on one help.
So don’t delay!
You will thank me later 🙂
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See you at the top,
-Scott Rulon
P.S. By the way, just so you know, if you are tired of failing ANY business. Then click here and check this out to take your game to the next level.
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