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Sunday, August 29, 2021

The Chance Of Success In Amway?

 One thing that many Amway promoters are reluctant to discuss is what your realistic prospects of success are in your business. The outcome of the 6-4-2 and 2-5 year plans will be defined as Diamond success, so I will use that as a measure of my accomplishments. There is the possibility of earning some revenue at lesser levels, but my understanding is that diamond is where the major money comes from Amway and the tools begin to flow. And I can understand why folks who are marketing Amway don't talk about your realistic prospects of winning the lottery. After all, lottery promoters do not parade the millions of losers in front of you; instead, they only parade the winners in front of you to demonstrate their success.

Many people, including Amway supporters, will agree that many independent business owners (IBO) accomplish little or nothing. A small number of customers never even bother to place an order or make any attempt to conduct business at all. For the purposes of this piece, I will not be referring to any of these individuals. I'm referring to those who are willing to put in some effort on behalf of the company.

Many people who want to make a genuine effort will acquire and, hopefully, sell a few products in order to accomplish the target of 100 PV in a short period of time. You will receive around $10 from Amway as well as any profit you may have made from the sale of products in exchange for your time and work. Now, here's the snag. You will almost certainly have to pay website fees in addition to the $10 you receive from Amway. More dedicated IBOs may find themselves paying for voicemail, monthly standing orders, book of the month, and even even attending events on their own own! You will be unable to keep up with your expenses unless you are able to grow your volume by selling a sufficient number of products and/or sponsoring downline who both buy and sell products on your behalf.

Because Amway is required to incorporate the IBO benefits in their product costs, the products are more expensive than the competition. As a result, sales to non-IBOs are at a low level. If you are unable to generate greater volume through sales to non-IBOs, the only other option is to sponsor persons who will both buy and sell things. However, because of unethical IBO behaviour in the past, convincing people to see the Amway sales and marketing plan may prove difficult. Furthermore, the majority of IBOs are unable to fund even a single downline.

Some Amway supporters may assert that if you follow their CORE principles for 2-5 years continuously, you have a good chance of succeeding in your business. Although it appears to be straightforward, several of these actions are difficult to follow on a constant basis due to the variables I have mentioned. It's not like walking a mile every day, where you have complete control over your movements. People will most likely fail in their attempts to display the plan and sponsor others because they will not be able to identify enough people who are interested in seeing an Amway plan. Many, perhaps the majority of other IBOs can and will follow specific actions on a consistent basis, such as listening to a CD on a daily basis and reading a business success book. However, because of their questionable reputation in the United States, IBOs will most likely be unable to demonstrate sufficient plans for success.

What is your realistic possibility of achieving success? My educated judgement is that it is less than one tenth of one percent. That is the probability of winning the lottery. What are your chances of becoming a platinum member? According to Amway's disclosures, it is.26 percent, or approximately 1/4 of one percent, or approximately 1 in every 400 people. If you believe you have a chance of beating the odds, go forward. For the majority of people, it might be a good idea to look into other options.

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