Amway Venezuela

Amway Venezuela

 Amway Venezuela officially commenced operations on June 23, 1998. A June 22 kick-off rally and ribbon cutting ceremony marked the much-awaited debut of Amway Venezuela. There were more than 3,500 individuals for the kick-off demonstration.

The headquarters of Amway Venezuela is located in Centro Comercial Empresarial Macaracuay Plaza in Caracas. Amway Venezuela maintains offices as well as a Product Selection Center (PSC) in this site.

Double-diamond qualifiers

• Lucich, Walter, Encarnation (2013)

Diamond executive

• Lainette, Soraya, Miguel (2013)

Diamond Founders

• Lepore, Raffaele...
• Rivas, Santos, Yoladia (2014)

Diamond

• Felix, Hernandez
• Lucich, Daniel...
• Rosales, League
• Hurtado, Héctor, Ismerys
• Aray, Edio and Mariflor
• Andrade, Jorge, Eusebia
• Hernandez, Randy...
• Pinto, Nicolás...
• Naame, Ivan, Yelitza
• Berroterán, Andrés, Dulce
• Sherlly & Gabriel
• Guzmán, Vladimir, Yesmir
• Lorena & Reyes (2015)
• Rivas, Jr.Santos (2017)
• Sosa, Martinez, Mileidy (2018)
• Gomez, Rondon, Paola (2018)
• Emerald Founders
• Goris, Alfonso...
• Elneser, Boris, Ruth.

Emerald

• Calle, Angel & Maite Ruiz
• Mariana, Guevara
• Eloy, Valera

Products

Exclusives

• Moiskin
• Ertia
• iCook
• Nutrilite
• SA8
• LOC
• Glister

Philanthropy

• Partnership with Fundación Amigos del Niño with Cáncer to aid cancer-disadvantaged youngsters. This group aids cancer-healing children while relieving symptoms. The foundation supports 835 children and their low-income families, admitting 15 new patients monthly.
• Working with Fundación Fe y Alegría to promote educational chances for underprivileged youngsters. Besides supporting children at all levels through junior high, the collaborative effort includes adult education, work training, and school reintegration.
• Supporting Venezuela's UNICEF to collaborate with National Identity Program to build birth registration hospital units. UNICEF also launches national and local projects for pre-school, intercultural and multilingual indigenous education. The group also helps fight HIV/AIDS through interagency preventative alliances, while pushing society to fight for every child's rights.

Awards & Awards

• In November 2005, UNICEF honoured Amway Venezuela as their ally in developing a country where children's and youth rights are guaranteed.

Links related

• Venezuela Amway

Overview

Product purchase

• All Amway Business Owners buy Amway items directly.

Payment bonus

• Bonuses are distributed immediately to every Amway Business Owners (ABO) who earned the bonus. Bonus payments by direct deposit. An ABO must generate 150 personal points in a month from 1 January 2009 to obtain a bonus. This applies to bonuses (personal, group differential, leadership, etc.). This new criteria is a monthly requirement, meaning an ABO must create 150 personal points every month that it receives a bonus to be eligible for it. Foreign ABOs with a number two company in Latin America avoided this criteria. The presumption is that these ABOs fulfil home market standards.Transfers PV/BVTransfers PV/BV

• PV/BV transfers are unavailable.

Single-line sponsorship

Amway Latin America has 12 affiliates:

• Argentina
• Brazil
• Colombia
• Costa Rica's
• Chile
• El Salvador's
• Honduras
• Guatemala
• Mexico
• Panama
• Uruguay
• Venezuela
• As of September 2007, Latin America began functioning as a Consolidated Sponsorship Line (Consolidated Market) where Amway Business Owners (ABOs) could individually sponsor from and to any market in the Latin America Region without the need to build a second business. Consolidating Latin American sponsorship line provides very substantial prospects for ABOs. Some benefits are:

— Cross-border sponsorship allows sponsorship in all markets

- ABOs may place orders in any market other than their home country for shipping to local addresses within the affiliate where the purchase is placed

- Combined volume from all markets helps ABO to achieve 21% faster

- Local Business Kit

- Regional PIG Program

- Regional Bonus Declaration

Please note: overseas sponsorship of Venezuela from no market is permitted from 1 March 2018.

Performance timetable

PV trading discount

10000         21%

7000           18%

4000           15%

1,800           12%

600            9%

Ratio PV/BV

Amway products' average PV/BV ratio as of February 2019 is 3360.

Margin Retail

Retail margin or mark-up for Amway products averages around 30% but varies with each product. The market's average retail margin is 30%.