Saturday, April 24, 2021

Making An Amway Living?

I've been blogging for many nears now and one of the conclusions I have made is that there really is no defense for debating the merits of an Amway business when the IBO is participating in a system such as WWDB or Network 21. I have no issues with IBOs who sign up and sell actual products to non IBO customers, but these sales oriented IBOs are very rare. Most IBOs who are entrenched in a system are often focused on sponsoring downline because that is the only way an IBO can achieve certain levels such as emerald or diamond. The emerald or diamond level is the goal of many because it is allegedly the level where an IBO can "walk away" and enjoy barrels of cash rolling in for the rest of their lives. I find it ironic that even crown ambassadors keep busy schedules and have not walked away into a quiet life of retirement and uncountable amounts of money.  Instead, Crowns such as Ron Puryear, Bill Britt, And others just died on the job.  

In general, it would take about 100 IBOs or so to make up a platinum level business. That's 1% at best and even less when you factor in IBOs who do nothing or IBOs who start and quit. In my estimation, a very dedicated hard core IBO would lose money, or only begin to break even or make a little bit of income at the 4000 PV or platinum level. Of course, your business structure would be a factor in determining how much you can earn. Sponsoring width gives you more profit and sponsoring depth allegedly gives you some stability. Thus you could reasonably argue that about a fraction of 1% of IBOs break even or make a little bit of income. What real businessman would even consider opening a business where your chance of making a profit is less than 1%? Yes, you can argue that Amway is a business and not a game of chance, but a prudent decision also factors in your chances of success. 

Other factors that would make Amway unattractive is that the products are priced higher (in general) than comparable or the same products that are available at people's local retailers. Yes, Amway folks will argue quality and concentration factors but those arguments are simply justification for the higher prices. The vast majority of people are satisfied getting cheaper prices at Walmart. Also, IBOs are restricted from advertising their goods, thus are relegated to person to person advertising, which is probably the least effective methos of getting the word out. Higher prices and unfamiliar products results in what many groups have - IBOs who "buy from themselves" in order to earn their bonuses. Also, any bonus that is earned by most IBOs is just a partial refund on having overpaid for a product. Not to mention unless you are at a higher level in the business, your upline(s) get most of the bonus, whether they helped you or not. 

Yes, it is possible for some people to make some money in Amway. Yes, some people do make some good money from Amway. It is not possible for all IBOs to make money unless they are selling products to non IBOs and we know that most IBOs don't sell anything or sell just a few items to others. We also know that the tools systems generally eat away any small bonuses IBOs earn and leave them with a net loss. For the truly dedicated IBOs, the losses can mount into thousands of dollars and more. 

Can someone make a living with Amway? The answer is that it's possible but not likely. But as to whether the Amway business and associated tools is a good idea? For that there is no defense.

6 comments:

Anonymous said...

Amway and the various LOS groups know very well that most people just aren't salesmen. Most of us can't convince strangers to buy overpriced, mediocre products. That's why they don't even encourage it anymore, but instead urge new IBOs to "buy from their own store" and self-consume Amway products. Then they say "Duplicate!" This means "Get some other loser to do the same thing."

The only real money in Amway comes from in-depth down-line and various "legs." Without that structure (which is precarious, and must be maintained constantly) you won't make a goddamned dime in Amway.

Apart from this, anyone signed up in Amway is just someone who has agreed to be a life-long Amway consumer.

Anonymous said...

Very few persons actually make a real "living" from Amway. For most IBOs, their regular job subsidizes the silly hobby of pretending that you are an Amway "Independent Business Owner."

Many people are in Amway not for money, but for pleasurable bullshit like love-bombing, screaming your head off at functions, and being "edified" by up-line.

Anonymous said...

Yeah with that kinda attitude you aint achieving anything in life kid. How many people would want to become the next Bezos, Musk or Gates? In my opinion very few It takes hard work and dedication with anything and Amway is not any different.

Anonymous said...

If it takes "hard work and dedication" to make it in Amway, why the hell do the liars who recruit you tell you that it's all so easy, and that you'll be rich within 2 to 5 years? Or that you don't need to sell products, but just self-consume them? Or that you have to buy an endless series of CDs and tapes and books that do nothing but repeat the same slogans?

Wake up, asshole. Your Amway up-line is handing you bullshit.

kwaaikat said...

@Anonymous May 1, 2021 at 4:59 PM

Hard work and dedication is actually not the main differentiator for the success of Bezos, Musk or Gates. It is a given that they are no slouches who easily get discouraged, but that is not the differentiator. Besides, we are talking about whether being an Amway distributor as business model, delivers on a far more modest goal, namely providing a living. If it doesn’t do that for 1%, then 1% won’t become rich either.

Hard work in business is not karma. It won’t get rewarded for it’s own sake. A real business owner keeps on eye on whether results are materialising, and if not, quit the endevour.

It is without being results orientated, that you won’t achieve anything in life, kid. In not being results orientated, Amway groups are VERY different from real business.

Joecool said...

If hard work equaled success in Amway, people would succeed. But hard work does not result is success. Lying and deception is more likely to help you succeed in Amway.