Sunday, October 15, 2017

The Amway Scam?

Before I signed up to join Amway, I was invited to see "the plan" at an open meeting. The speaker seemed to make sense about running a business to make money and how you and make money and save money by being involved with Amway. Except that he misrepresented the Amway experience. The speaker said you save 30% of good by shopping with Amway, which is a lie. You can save 30% shopping with Amway if you pay the distributor price instead of suggested retail, except that the distributor price is much more expensive (on average_ than paying for the same or similar products at a retailer like Costco to WalMart. Anyone who does an honest price comparison can easily see that this is true. WalMart buys from the manufacturer and adds their markup and sells to you. Amway does the same but they "generously" pay a 30+ % bonus to IBOs and that bonus is included in the prices thus Amway has to charge much more than a WalMart or Costco to cover the bonuses.

Then the "scam" comes in. The diamonds and bigshots in Amway say "anyone" can go diamond, get rich and walk the beaches of the world while getting wealthy beyond belief. And all you need to do it subscribe to their teaching system consisting of voicemail, books, CDs and seminars/functions. Join and subscribe and do what you're advised and you're nearly assured of success. It's a lie. There is ZERO evidence that the system helps anyone succeed. Upline will say everyone who succeed is on the system. While that might be true, there are millions of people on the same system who fail. It's like saying everyone who wins the lottery has a ticket while disregarding the millions of people who get on the system and fail. People fail because the Amway compensation plan is designed that way. The multi level compensation plan assure a majority of failures.

So the Amway business has people joining in the hopes of riches but they are basically chasing the end of a rainbow. You can see it and chase it but you will never get it. Looks at the diamonds in the US. Some of them died while still working and some got divorced. But the vast majority of Amway diamonds are the same old diamonds from the 1990's and there are very few new diamonds. If the system actually worked, new diamonds would be churning out regularly but they aren't. And they can't right now because Amway sales from 2014 to now is down about 25%. Amway went from 11.8 billion to 8.8 billion last Amway fiscal year. Without new virgin ground to exploit, Amway is saturating and shrinking.

Overall Amway is a scam in my opinion. They sell false hopes and false dreams under the guise of running a low overhead business amd then the diamond turns around and sells useless tools that only help the diamonds. The success is not there. The "fruit on the tree" that some diamonds used to talk about is not there. In my opinion, Amway is just a big scam run by diamonds so they can make their fortunes selling tools. I welcome and dare anyone to prove me wrong.

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