Monday, September 11, 2023

What Are Your Chances In Amway?

 One thing that many Amway promoters don't like to talk about is what your realistic chances of success are. I will define success as Diamond because that is what the outcome of the 6-4-2 and 2-5 year plan. Of course you may be able to earn some income at lower levels, but my understanding is that diamond is where the real money from Amway and the tools start rolling in. And I can also understand why people promoting Amway do not discuss your realistic chances of winning. Afterall, lottery promoters do not show you the millions of losers, they only parade the winners in front of you.

Many people, including Amway enthusiasts will agree that most IBO do little or nothing. Some people never even place an order or make any attempt to do any business. For the purpose of this article, I am not speaking about these folks. I am talking about people who actually put in some effort to the business.

For many people who want to make an earnest effort, they will purchase and hopefully sell a few items with the goal of reaching 100 PV. For that effort, you will receive approximately $10 from Amway and whatever profit you might have earned by selling products. Here's the catch. You will likely need to pay website fees in excess of the $10 you earn from Amway. For the more dedicated IBOs, you may be paying for voicemail, standing orders, book of the month, and possibly attending functions. These expenses will exceed your income month after month unless you are able to increase your volume by selling enough products and/or sponsoring downline who buy and sell products.  

Because Amway has to include the IBO bonuses in their prices, the products come at a premium price. Thus sales to non-IBOs are relatively low. Without sales to non-IBOs, the only other way to generate more volume is to sponsor people who will buy and sell products. But due to past unethical IBO behavior, getting people to see the Amway sales and marketing plan may be a challenge. Also, most IBOs are unable to sponsor a single downline.

Some Amway enthusiasts will claim that if you do their CORE steps for 2-5 years consistently, that you are likely, or nearly guaranteed to succeed. Sounds easy, but because of the factors I have identified, some of these steps are impossible to do consistently. It's not like walking a mile each day where you have control of the steps. People will likely fail in showing the plan and sponsoring others because they cannot find enough people who are willing to see an Amway plan. Many, possibly most other IBOs can and will do certain steps consistently such as listening to a CD daily and reading a success book. But because of a spotty reputation in the US, IBOs will very likely fail to be able to show enough plans to succeed.

Your realistic chance of success? My informed guess is less than 1 tenth of 1 percent. That's the likelihood of going diamond. Your chance of going platinum? My informed guess will be less than 1/2 of 1 percent. If you think you can beat those odds, go for it. For most people, it might be wise to look into other opportunities.

3 comments:

kwaaikat said...

The problem with 6-4-2 (or any other downline based plan) is that you need a number of downline to succeed. This puts a hard cap on the number of people who can ever succeed, because people without 78 downline (which is what 6-4-2 implies) will always be the vast majority. That holds true even if we say 10 downline will do the job of making the guy at the top succeed.

If there are 100 in a group and they all want to succeed they can only do that by each one signing up many times that number, which becomes the new group size. If this larger group all want to succeed, they can only do so by doing the same. It just kicks the can further down the road, while at any point it remains impossible for the majority to succeed.

A group of "traditional" business owners (using Amway defender terminology, I don't particularly agree with the term) can in theory all succeed. Whether we are talking ice cream card owners, IT consultants, plumbers or shop owners. Because everyone in the group does not need to duplicate itself a few times to succeed. The moment that comes into play, it becomes guaranteed that the majority will fail.

Amway and other MLM opportunities where nobody really even pretends any more that retail sales are happening, are recruiters of recruiters "businesses opportunities", and these types always guarantee that the majority will fail. By design.

The guarantee that the majority cannot by virtue of mathematical impossibility succeed, not even if they all work 16 hours a day, do everything they are told, and have the best of can-do attitudes, the fact that it is mathematically impossible for everyone even in such a group to succeed, must be one of the cruelest things about Amway.

Anonymous said...

Without the steady recruitment (and retention) of down-line, you will make NO MONEY AT ALL in Amway. It's simply not going to happen.

The Amway products are difficult to sell, and you cannot sell enough to others to earn enough points for a monthly refund. If you try to make it up by purchasing in bulk for yourself, your house will be crammed with unused products.

Recruitment in North America is now pretty much as a standstill. Everyone knows all the horror stories of what happens when you sign up. Amway's reputation is so bad that IBOs are specifically told to deny that they are working for Amway, and never to mention the company by name.

Joecool said...

When you analyze it, a diamond, even a very weak and minimally qualified diamond would likely have around 500 to 600 downline. That doesn't include the masses who join and quit. If you add in those people. it takes thousands of IBOs and quitters (or more) to create a diamond business.

Even if the whole world signed up, that will never change.