Many IBOs are instructed to "purchase from themselves". Although in some of these organisations, retailing may be discussed, it surely is not taught in a serious manner. I believe it is because individuals in general simply are not comfortable with selling stuff. Thus the principle of buy from oneself makes the masses comfortable. What they do not comprehend is that they are merely devoted Amway customers and not running a business. As I mentioned in a previous post, in what business do you not have customers? It is why IBOs must ask themselves, are they running a "real" business.
For many IBOs, the focus of their activities is on recruiting others. But why would someone want to join a system where they literally sign up to be a loyal client and be a recruiter for other loyal customers? The pyramid like compensation plan is what drives many IBOs. Find enough downline and eventually, your downline will absorb the financial losses for you and will become the srouce of your revenue. I feel that the 4000 PV or platinum level is about where you as an IBO may discover teh break even point if you are dedicated to the "system" consisting of tapes, cds, books, voicemail and function
Secondarily, in addition to signing on as a devoted customer of Amway, if you join a system and participate in standing order and/or functions, then you have also become a loyal client of the "system". Sadly, many upline will push IBOs to keep purchasing tools regardless of the IBO's progress in the business.
So I ask the question again for IBOs and potential recruits. As an IBO, are you running a real business? Can you get a business loan using the 6-4-2 plan? Have you tried showing it to a loan officer? Can you cite BWW or WWDB as educational credentials when applying for a job or will you be laughed out of the room? For these very reasons, I can only conclude that many, possibly most IBOs are not running a "real" business. They are only following the instructions of their superiors. These uplines are more interested with selling their tools than they are with promoting the IBOs in their downline organisations. It appears that IBOs on the downline are disposable. If they do not "make it," they rapidly become bitter, broke, or feel as if they have not put forth enough effort.
So, are you actually running a legitimate business?
Over the course of its more than 60 years in business, the multi-level marketing (MLM) organization Amway, which is also known as the American Way Association, has become well-established. The company is well-known for its ability to sell a diverse selection of products, including those pertaining to health and beauty as well as items for the home, by utilizing a network of independent business owners (IBOs). There has been much discussion over the course of many years over the legitimacy of Amway as a company, with proponents as well as detractors presenting their points of view on the matter.
Those who are in favor of Amway believe that the corporation presents a genuine possibility for people to start their own businesses and generate an income by selling products that are of a high standard. They make a point of bringing up the fact that Amway is a member of the Direct Selling Association (DSA), which is a trade association that supports businesses that sell items through independent sales representatives. A strong code of ethics, including a dedication to honest and ethical business operations, is something that members of the DSA are required to abide by as part of the organization's membership requirements.
Supporters of Amway further contend that the company's pay scheme, which enables independent business owners to receive commissions based on both their own sales volume and the sales volume of their downline, is equitable and open to public scrutiny. They highlight the fact that the firm provides IBOs with training and support in order to assist them in the development of their businesses, as well as the fact that a great number of people have been successful in generating a full-time income through their Amway enterprises.
On the other hand, detractors of Amway contend that the corporation is nothing more than a pyramid scheme that lays a greater focus on signing up new members than it does on selling its actual products. They refer to the fact that a substantial amount of Amway's revenue comes from sales to its own distributors, as well as the reality that a number of Amway's Independent Business Owners (IBOs) are unsuccessful in selling products to clients outside of Amway. They further contend that it is difficult for independent business owners to create an income that is sustainable due to the high cost of entry as well as the pressure to acquire new members.
In addition, throughout the years, Amway has been subjected to legal issues in relation to the ways in which it does business. Throughout the 1970s and 1980s, the company was the subject of various inquiries and legal actions after charges that it engaged in pyramid schemes and misleading business practices. However, in order to conform with the new regulatory standards, the company has modified both its business model and its marketing policies and procedures.
In conclusion, the subject of whether or not Amway is a legitimate business is a complicated one, and there are reasonable reasons to be made for both sides of the argument. Critics of the firm contend that it lays more of an emphasis on recruitment than it does on product sales, despite the fact that proponents of the company believe that it is a legitimate chance for individuals to earn cash through the selling of high-quality products. In the end, the choice of whether or not to become a member of Amway or any other multi-level marketing firm should be taken after considerable deliberation and investigation, taking into account the opportunity's possible rewards as well as its drawbacks.
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