Tuesday, May 1, 2018

Amway And Excuses?

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". Yet I see testimonies and statements that indicate to me that things have not changed, 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 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. Although Amway recently reported an increase in north american sales, that wasn't the case in the last 10 years. Amway apologists even have excuses about why that is the case.

Amway also reported some years back, that they have 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. One thing was clear, the average income went up after Amway discarded IBOs that they didn't consider "active". 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. It should be noted that a platinum might not even be very profitable if they are sold out on buying system tools.

Amway defenders can make justifications and excuses but I've not seen a single comprehensive argument as to why the Amway business is a good idea and how it can be profitable.

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

3 comments:

Anonymous said...

Joe Cool, you have often mentioned a doctor friend of yours who has been in Amway for over twenty years.

Can you estimate how much this guy has earned from Amway in this time? Or do you think he has lost money?

Joecool said...

He was a gold direct distributor at his peak. At that level he was probably breaking even as he was sold out hard core. Any lower level and I'm certain he lost money. Also, he closes his practice at least 1-2 days per month to attend functions so you can imagine how much income he forfeited in the long run.

Joecool said...

If I had to guess, I'd say he made about $20,000 as a gold direct and then significantly less in subsequent years when he dropped out of qualification.