How Can You Make Money With Amway?
Having being going for 50 odd years now and shipping products to over 80 countries around the globe, some are saying Amway is a scam, how can this be?
Chance’s are that the people writing these negative reviews are either involved with, or have been involved with Amway and failed to make any money with them.
This is a common trend in the network marketing business, a large percentage of folks will not make a profit. Network marketing is a solid business model and there’s nothing wrong with it, it does however need some specific skills in order to make if work for you.
Those who report an Amway scam are probably people that have been involved in the opportunity and failed; this may not necessarily be their fault. It’s most likely that they were recruited by an overzealous Amway distributor (IBO – Independent Business Owner) who promised them the earth. It’s no secret that Amway IBO’s and indeed those of other companies have been known to inflate claims in order to increase conversion rates. You can over time have a lot of unhappy people saying bad things about a company.
No one can dispute that Amway is a giant in the industry, they sell millions of dollars worth of products every year and their distributor numbers across the world are in the millions. They have consistently grown and become stronger, and although their growth has slowed right down now, they still remain at the top of the stack. They are ranked by Forbes as one of the largest privately owned companies in the U.S. and by Deloitte as one of the largest retailers in the world. They are also still trading despite being heavily regulated by the Direct Selling Association (DSA) of America.
All these impressive statistics point to the fact that the company is indeed genuine.
One of the issues that Amway has is with their training that they give to their new distributors, in fact this is a problem with many network marketing companies. They mostly will teach only the traditional methods of person to person referral marketing which honestly does not work as well in today’s modern world, like they used to. A lot of the methods are not at all popular in today society, if you tried to set up a booth today in a shopping mall you would probably be arrested! Things like door to door are generally not well received by today’s modern society.
Theres no doubt though that your best port of call is with your warm market. You would already have some form of rapport with these people and they are more likely to take a look at your opportunity. There is still going to be only a small percent of people who sign up with you, so you really should be focusing on increasing your warm market reach.
If you want to sign up with Amway then there is no reason why you shouldn’t. The main thing is to go in with your eyes wide open and realise that this isn’t a free lunch, but in actual fact a real business that requires hard work and dedication. The good news is that this is really easy to achieve using the power of the internet.
This amway scam assessment was presented by James Hicks, Online Coach & Instructor. Require more qualified prospects and cash flow? Pick up this free of charge video training inside my Network Marketing blog.
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