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Tuesday, June 8, 2021

Amway New Zealand

The New Zealand market opened in November 1985 and remained its own market until the beginning of the 21st century. New Zealand and Australia fusioned into one market with wider freedoms between the Australian and New Zealand economies.

New Zealand has a variety of LOA active, including.

Purchasing Products

All Warehouse Ordering Independent Business Owners purchase products directly from Amway.

Rebate Payments

Amway New Zealand

All the Independent Business Owners who received a reimbursement during that calendar month should be paid by direct credit (i.e. electronic transfer direct to their bank account).

PV/BV Transfers

PV/BV transfers are available to all Independent Business Owners.

Single Line of Sponsorship

Australia & New Zealand operate as one sponsorship line. These two countries do not accept international sponsorship. Business volume generated in both countries is consolidated for annual qualifying and bonus purposes. This Single Sponsorship Line is used to sponsor and calculate bonuses (since September 2005). All firms before this date are subject to international sponsoring rules (benefits for annual bonus calculation only for Emeralds and above).

Performance Schedule

PV Performance Rebate

7500             21%

5000             18%

3250             15%

2000             12%

1000              9%

400                6%

100                3%

PV/BV Ratio

The average PV/BV ratio for Amway products as of October 2016 is 3.97.

Retail Margin

Retail margin or mark-up for Amway products averages about 30% but varies with each product. The average retail margin for this market is 28.5%.

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