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Saturday, August 14, 2021

The Partner Store Myth?

 We learn about Amway's partnerships with well-known firms such as Disney and Nike, which is one of the noteworthy things that Amway IBOS want to point out. However, to argue that 7-11 is affiliated with CocaCola simply because 7-11 sells their product is ludicrous. It's the same as the Amway IBOS programme. Even if they carry Nike or Disney products in their catalogues, calling it a collaboration would be stretching the truth. It's not like you can go to Disneyland or Nike Town and buy Amway merchandise. That would be a collaboration in which each company sells the products of the other company.

Instead, Amway Independent Business Owners (IBOS) get to hawk products for these "partner" establishments, but only on a compensation basis. To having Amway IBOS market your products for you on a commission-only basis with no other perks is a fantastic deal. The "partner" store stands to gain nothing by participating. It's the equivalent of having access to a fleet of free salespeople who only get paid a little commission if they sell stuff but receive nothing unless a significant amount of volume is moved.

What Amway employees are reluctant to discuss is the fact that Enron and MCI Worldcim were both once Amway partners at one point in time. IMO, this is a scam that is merging with another scam. LOL. So, in a nutshell, the Amway IBOS partner programme is like to being in an unrequited love relationship. In other words, everything is one-sided.

The partner concept may, in name, lend legitimacy to the IBOS tale when prospecting for new recruits, but at the end of the day, you still have to deal with the Amway name and reputation when recruiting. Selling a few Nike or Disney products in the Amway catalogues does not make Amway a better business opportunity, nor does it make IBOS any more successful, nor does it increase the likelihood of an IBO achieving success. The concept of a partner store is merely a good talking point, and it offers nothing more. Laughter is in order.

Many customers have the mistaken belief that particular stores sell things that are exclusive to their brand or partnership, and as a result, those products cannot be located at any other retailers. This is referred to as the Partner Store Myth. This fallacy is kept alive by marketing strategies and consumer brand loyalty, but in point of fact, it is exactly what it sounds like: a myth.


The idea of exclusive items is where the Partner Store Myth got its start, and it's still going strong today. There are many shops who have collaborations with different brands or designers, and as a result, they may sell things that are exclusive to their stores. Having said that, there are times when this is not the case. In point of fact, many of the products that are offered for sale at these partner stores can also be purchased from other retailers, either on the internet or in traditional brick-and-mortar establishments.


The well-known clothing label Tommy Hilfiger is an illustration of this principle in action. There are a lot of department stores that have collaborations with Tommy Hilfiger, such as Macy's and Nordstrom, and because of these partnerships, they might stock unique styles or collections. On the other hand, many of these identical models are also sold by other retailers, like as Amazon and Zappos, which you may check out.


Another misconception that might be attributed to the Partner Store Myth is the widespread belief that certain stores stock products that are restricted to a particular region, country, or both. It's possible that this was the case in the past, but thanks to the proliferation of internet shopping, it's now much simpler for consumers to acquire goods from any part of the world.


Brand loyalty is another factor that contributes to the perpetuation of the Partner Store Myth. Many customers feel an allegiance to particular brands and may wrongly believe that their favored products can only be purchased at their preferred retail establishment. Having said that, there are times when this is not the case. Because many brands are carried by a variety of stores, customers have the opportunity to shop around for cheaper prices and a more extensive selection of products.


The Partner Store Myth can also result in consumers missing out on possibilities they otherwise would have had. Consumers run the risk of missing out on offers and promotions made available by other merchants because they incorrectly believe that specific businesses are the only places to find certain products. Additionally, some merchants may stock products that are not sold at the stores that are considered to be their "partner" businesses. This means that customers who only shop at one retailer risk missing out on the opportunity to buy these products completely.


In conclusion, the Partner Store Myth is a widespread misunderstanding that exists among a lot of customers. Although it is true that some merchants have connections with brands and hence may stock exclusive products, the vast majority of these products may also be purchased at a variety of other retailers. Consumers can find the best bargains and the widest assortment of products by being aware of this fact and by shopping at a variety of different stores.


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