In our previous article we revealed our list of the Top Network Marketing Companies.
Now we’re gonna go into detail and look into the top 3 companies on that list, starting off with Amway which many might disagree with the company being at number 1 but we personally think that when it comes to Network Marketing, Amway has stood the test of time and continue to grow stronger by the day.
Lets get into why we rated Amway at the top above the rest.
Amway was founded in 1959 (one of the first and longest surviving companies) by Jay Van Andel and Richard Devos. The company did over $8 billion USD for the year ending 2008. They are now sitting at close to $12 billion USD and 100% debt free.
Manufacturer of a wide range of products, over 250 patent products specializing primarily in the Health & Wellness and Beauty Industry.
Today Amway is in over 90 countries and territories around the world. Forbes ranked Amway as one of the largest private companies in the United States and Deloitte ranked Amway as one of the largest retailers in the world.
Over 3.5million Amway Business Owners renewed their businesses last year alone and more than 13,000 people are employed directly by Amway worldwide from scientists, marketing professionals, product experts, farmers, managers and other employees.
Negatives / Cons:
Amway has faced many challenges in the past with many accusations of being accused as a scam and a pyramid scheme. Amway faced all problems that the Network Marketing industry was to encounter head on and cleared all charges and accusations. (Amways past controversy)
Amway is a 100% legitimate company and being one of the oldest companies, there are more people that have been exposed to Amway and its false accusations, therefore when building an Amway business more often than not you would have to deal with people that have been exposed to the wrong information.
With this information in mind, prior preparation prevents poor performance, so preparing to handle these objections will most of the time result in a good outcome.
Amway has never been a bad company, it is the people (it’s past distributors) that has made the company look bad with false statements, actions and information being passed onto the public, therefore most of the time, it is just a matter of simply educating your prospect of the companies past. Remember to always be transparent, you have nothing to hide building an Amway business.
If Amway was a scam, they would not have endorsements by huge celebrities such as, Robert Kiyosaki, Ronaldinho, Sandra Bullock, Adam Gilchrist and many more. Which brings us to the positive facts. (more myths about Amway here)
Positives / Pros:
The Positive facts thankfully outweigh the negatives by far. Despite everything that Amway has been through, the company is prospering and growing at an incredible rate.
Whilst companies out there are falling into debt due to the Global Financial Crisis, Amway remains 100% debt free.
Amway has stood the test of time and led the way in the Direct Selling and Network Marketing industry.
Your Amway Business is Willable, Sellable and Transferable.
Being a 50year company, you can be confident and certain that once you build a successful residual income stream from your Amway Business, that your future generations will inherit the asset that you have developed and that Amway will be around to pay them.
Amway is well-known for its quality products.
Artistry, Amways beauty range for skin care and anti ageing ranked within top 5 in the world of prestige brands amongst Clinique, MAC and Estee Lauder. Artistry is endorsed by celebrity Actress Sandra Bullock who is also the face of Artistry.
Nutrilite / Nutriway: Nutriway is Amways Health & Wellness product. Amway owns and controls 100% of the farms and harvests all their vitamins from the ground up. The science behind the Nutriway brand is a great story in itself. The research and development behind Nutriway has earned their way into the rankings in the worlds top spot for Health & Wellness products. Nutriway (also known as Nutrilite in the U.S) is endorsed and used by soccer superstar Ronaldinho and Australian Cricket Legend Adam Gilchrist who has just renewed his endorsement with Nutriway.
With over 450 products in Australia and over 250 patent products, we would be here for a very long time if we had to list and go through all of Amways product range in detail.
Thanks to Amways growth and increase in products over the years, building an Amway Business has never been easier compared to having to “SELL” a great deal in the old days.
Nowadays an Amway Business Owner can build a successful business by “simply changing the way they shop,” instead of shopping at convenient stores (Coles, Safeway, Walmart), one simply purchases their household and consumable items at wholesale price online and goods are delivered in 48hrs and all products are backed by a money back satisfaction guarantee which makes it easier for you to retail products to clients.
You’re simply just redirecting where you spend your money, instead of having Coles or Walmart on the reciept, it has Amway ie You! You are shopping from you’re own business.
XS Energy Drinks, Emma Page Jewelery, Household Cleaning and Laundry Products are also available. see the Amway Website for full product list and information.
When it comes to doing your research on a company such as Amway, not only just Amway but when doing research on any company, be sure to know where you are receiving your facts and information from.
Make sure that you are getting information from the right places not from the wrong places such as people that have only heard what they know or your brother in law that had friends that were in the company.
Starting an Amway Business or a Network Marketing business in general is not for everyone, it takes more than just work to succeed in the industry but when saying “no” to an opportunity, make sure you know what you’re saying “no” to.
Feel free to post any questions you have relating to the Amway Corporation or Network Marketing, or you can visit these resources to gather further information or for further reading.
The Truth About Amway and The Amway Wiki are great websites to learn the facts about the Amway Business.
See you in the next article!
Whats Next
