Thursday, September 29, 2016

Amway IBOs Make More Excuses Than Money?

I've been a blogger now for a number of years. I've debated with Amway apologists and they ultimately resort to excuses and/or personal attacks when they run out of defenses. Food for thought, when you have to make excuses about why your opportunity isn't a scam or a pyramid scheme, that should already make you stop and think for a minute. The easy excuse is to say that "my group isn't like that", or "we do things differently" . Yet I see testimonies and statements that indicate to me that things have not changed, things are not different, even in all the years since I left the Amway business myself.

Even the product's prices need to be justified. That there is concentration or other factors that really make Amway stuff a better value. Strange how that better value doesn't seem to translate further once an IBO realizes that there is no residual income at the end of the rainbow. Many IBOs don't seem to mind paying high prices for Amway stuff when they believe that they will one day walk the beaches of the world while more money than they can count will keep rolling in. When the dream fades, so does the desire to purchase these awesome products. If not, with tens of millions of former IBOs, Amway sales should be through the roof after all these years. But it hasn't. Amway sales saw significant decreases in the last couple of years. Amway at its peak did 11.8 billion in sales and last year, they were at about 9.5 billion. That's a serious drop off.

Amway also fairly recently updated their average IBO income. While it is still miserable, it has gone up, although a clear explanation as to how and why they calculated the "average income" was not apparently given. So the debate continues. Critics analyzing and predicting how and why, and Amway apologists making excuses and justifying their position. Why not just be transparent and end the debate once and for all? I think most people know the answer. The bottom line for most is whether or not they make a net profit. For the vast majority of IBOs, especially the ones on the system, the answer is a net loss. It is predictable and easy to conclude. The 6-4-2 or any other version of the compensation plan clearly shows that very few people can make any decent money. If a platinum IBO typically has 100 or more IBOs, that is your answer there, that about 1 in 100 might make some money, although it's still questionable when factoring in the business expenses. It should be noted that a platinum might not even be very profitable if they are sold out on buying system tools.

So IBOs and Amway defenders, are you making money (net profit)? Or are you just making excuses?


Anonymous said...

Remember what the English politician said: "There are lies, there are damned lies, and there are statistics."

Figures can always be manipulated to say what you want them to say. Amway has cooked the books on average IBO income simply to divert attention away from the fact that most IBOs still lose their shirts in the Amway racket. Who knows how Amwat came up with those new, improved figures? What kind of creative book-keeping did they do?

Amway up-line will do or say ANYTHING AT ALL to maintain what they call their "public image."

Joecool said...

The way Amway softened that average income was they disregarded more IBOs at "active". So only 47% of IBOs are considered "active" making an average of $202 a month. So if you counted the average of all IBOs, the average income is about $100 a month. And that includes the diamonds and other Amway big shots to drive up the average.