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Friday, August 20, 2021

Guaranteed Success In Amway?

 One of my uplines used to remark that if you employed the system of standing orders, voicemail, books, and functions, you were guaranteed success. And I believe it is entirely accurate to some extent. What the IBOs on the downline don't grasp is that success is only assured for those who earn from the system's sale. Because the system materials have a higher profit margin than Amway products, your upline profited from your Amway volume and then profited even more when you bought voicemail, standing order, and event tickets from them.

According to Amway, the average diamond earns well over $100,000. A nice income, but not enough to support the lives depicted at Dream Night or other large events. With an extra $200,000 per year or more, the "diamond lifestyle" appears to be a little more attainable. The unfortunate reality is that few people in the United States ever reach the diamond level, and those who do are frequently unable to maintain it. I assume there were 160 diamond-ships at the Hswaii diamond club function for US/Canadian diamonds. It's a pity for a company that has been around for so long. I'm also curious as to how many fewer diamonds there are today. Given that Amway sales in North America appear to have declined in recent years, it's logical to assume that there will be fewer diamonds. I wish Amway would just release the figure, but they don't, so we're left to assume and conjecture.

If new IBOs purchase all of the business-building tools, they almost certainly will lose money. Newbie IBOs who move 100 PV receive a bonus of roughly $10. That doesn't even come close to covering the cost of their voicemail, let alone the other tools. Because most IBOs are unable to sponsor downline, these IBOs are filled with unfulfilled dreams. It is for this reason that the attrition rate is so high. Logic dictates that if IBOs are making money, they will stay. However, most people give up since they are losing money. IBOs who have been duped or lied to about the tools are also more likely to quit and have negative feelings toward Amway. Despite the fact that the Amway Answer Blog has said that they do not turn a blind eye to these abuses, we continue to see and hear about IBOs who have been duped by upline. The only solution, in my opinion, is for Amway to provide the necessary training and equipment. That way, there are fewer conflicts of interest.

If you're looking for information or being approached by Amway, make sure you do your homework and ask lots of questions. If you're told that success is a foregone conclusion, demand proof, such as a business tax return (schedule C). Mansions and automobiles on display are not indications of wealth or accomplishment. Keep in mind that buying tools only ensures success for the tool dealers, not the tool buyers. As usual, I invite anyone to disprove me.

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