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Sunday, August 22, 2021

WalMart Beats Amway?

 I recently heard an Amway supporter complain about how Walmart is terrible and how Amway is excellent. But let's take a closer look at the specifics. Walmart and Amway are both billion-dollar corporations, however Walmart dwarfs Amway in terms of size and revenue. Walmart generates nearly $400 billion in revenue, whereas Amway generates approximately $10 billion in revenue.

By eliminating the intermediary, Walmart is able to offer consumers rock-bottom pricing on a wide range of products. Amway adds middlemen to the process, making distribution inefficient, and as a result, cases of water cost $50 and a month's supply of double x vitamins costs $80, according to the company. However, despite the claims of Amway defenders about the quality and concentration of their products, there is no neutral proof that organic vitamins have any distinct advantages above the far less expensive vitamins available at Walmart. Even though products may be concentrated, this does not imply that they are necessarily better or more affordable than Walmart. Walmart will match any stated price for the exact same product if it is offered by another retailer. For example, if Walgreen's has an advertisement for an item cheaper than Walmart, you can take the advertisement to Walmart and get the lower price. The slogan of Walmart is "Live better, save money." The tagline of Amway is "now you know." LOL

At the conclusion of each month, all of Walmart's employees are paid in full and receive a net paycheck. Amway's commission-based sales force frequently makes nothing or loses money if the IBO is entangled in the training programme (cds and functions). Walmart contributes to the local economy by providing jobs and low prices, whereas Amway may be a drain on local economies because the profits go to Michigan and/or the tool manufacturers.

Yes, you can look up Walmart on the internet and get a slew of nasty reviews. Walmart has been known to close mom and pop shops because customers have slipped and fallen on their flooring in their stores. However, when you Google Walmart's name, you will not see the words "scam" or "pyramid" associated with it, as you will with Amway. Amway does, and because of unethical independent business owners (IBOs) and tool firms, it appears that the company's reputation has been well earned over the years.

In the end, Amway is no match for Walmart, which allows you to live better while saving money.

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