Is Amway a pyramid scheme? Your close friend or someone you know has introduced you to Amway earning opportunity.
You are excited about the business idea and at the same time worried if this is not legit or just Amway is a pyramid scheme
So I can help my audience decide if Amway is a good business model or just a pyramid scheme.
Therefore if you are wondering if Amway is a pyramid scheme then you have come to the right place.
In this Amway Review, I will cover:
- What is Amway is all about
- Amway history
- If Amway is a Pyramid Scheme
- The most frequently asked questions
- The Amway complaints
- The alternative to Amway and MLM business model
Without further ado let’s get started…
What is Amway all about?
Amway ( American Way) is the Health and Wellness largest American Multi-Level Marketing with annual revenue of $8.1 billion in 2021
Amway sells different products like:
- Amway Home
- XS Energy
Amway is the number one multi-level marketing company with more than 18,000 employees.
Amway is available in 100 countries and has more than 3 million Amway Business Owners (ABO).
Amway was founded in 1959 by Jay Van Andel and Richard DeVos, they have been a good friends and business partners for years.
How Become Amway Business Owner?
To become Amway Business Owner (ABO) you will need to join under an existing ABO and choose the starter kit that you can afford.
There is also an annual registration fee for less than $100 which is fully refundable within 60–180 days.
This will give you the opportunity to sell Amway products and earn commission on the people you recruit in the business and also earn commissions on their sales.
Amway has two Starter Kit that you will need to choose depending on your affordability:
Welcome Kit: It is $62.00 including a guide that will help you to start your own business, a brochure and step by step training.
Product Kit: It is $83.99 including all materials you get in the welcome kit and Amway product worth $150 you can use it or you can sell it.
How Does Amway Work?
Amway is obviously an MLM company that sells it is products through its distributor called Amway Business Owner (ABO).
ABOs are making money in two ways by selling the Amway product and recruiting people to join Amway and earning commissions from everyone who joins the business.
Below is a quick video that explains how Amway works and the Amway compensation plans and how to earn bonuses and other rewards.
Two ways to earn with Amway as ABO
1. Selling Product
Amway has more than 480 products by the time of writing this Amway Review as an Amway Business Owner (ABO).
You will not struggle to find a product to sell just pick products from Amway catalogue and start selling it.
To be honest, Amway has quality products in the different category you can imagine, name it and you will probably find it in the Amway catalogue.
- Nutrition: supplement, sports nutrition, weight management, and Energy Drinks
- Beauty: Skincare and makeup
- Body: Haircare, body care, oral care and more
- Home Product: Dish detergent, Laundry surface care and more
- Jewellery and Accessories: necklaces, bracelets and more
- B2B Product: Cleaning, Laundry Products and more
As you can see there is a lot more product you can sell if you decide to be an Amway Business Owner (IBO).
Do not be excited yet please keep reading this Amway Review to get all the information that will help you to make the right decision.
2. Recruiting People ( Selling the Dream)
As an ABO you will need to recruit more distributors and teach them how to do the same to increase your earnings.
As a team leader will earn commissions on your downline.
This is how you will be selling the dream to the potential people who are interested in Amway.
You will need to tell them to attend meetings, presentations, and seminars where they will be introduced to the group of other ABO leaders.
If you join Amway guess what happens next, you will start hearing if you want to be more successful you will need to buy this book and tape which will cost you about $60.
You will also hear that if you do not attend this presentation your business will be left 6 months behind again will cost $50 and they have a seminar and presentation almost every week.
The more materials you buy guess who benefits the Amway Leader who is on upline, who recruited you.
That is also the main reason Amway make $8.9 billion in revenue.
They are a lot of materials to buy, meetings and presentations to attend that will cost you a fortune.
Is Amway Worth It?
Amway is not worth it for the simple reason they are still encouraged member to use traditional marketing like organising parties and creating pamphlet.
Those methods used to be effective years back not today
Another problem is you can not build a strong business by recruiting people.
Yes, you can sale Amway products but they a lot of companies that sell the same product at an affordable price.
Lastly, the MLM strategy is to make you think you are a business partner (Distributor) in reality you are a potential client.
Those compensation Plans are to motivate you to buy more products.
Even if you do not sale any products you are hoping to qualify for other bonuses.
Therefore, Amway is not worth it. You can check out My Top Recommendation platform for step by step training on how to make money online with your laptop and internet connection.
Is Amway a Pyramid Scheme?
Amway comes out clean that people are not only making money by recruiting people they also making money by selling products.
The video below explained the difference between Multi-Level Marketing and Pyramid schemes
This is tough most MLM companies cover their tracks by selling products even though the ABOs are required to recruit a new member to join the business.
If you understand the MLM business you will agree with me that the more members you recruit the more money you make.
That is why I always recommend my audience to start an Affiliate marketing business.
This business model is more profitable all you need is to recommend people a few products and make commissions when sales occur.
You can check out My top Recommendation platform for step by step training on how to make money online with Affiliate Marketing.
No company is 100% right in their operation but if there are too many complaints it comes to our attention to dig down and find the truth.
If you are Amway Business Owner you do not have to worry about Amway products they have a 100% satisfaction rate.
Below are Amway Complaints that you need to read through to find your deal breaker.
Product Too Expensive
Some of the ABOs are complaining that the products are too expensive, is very hard to make money.
You will end up buying your own product to earn Point Value (PV) and Business Volume (BV) just to qualify for other bonuses and rewards.
Lack of Training
Amway still encourages people to network by throwing parties and sharing pamphlets.
The problem with those Traditional Marketing you are limited to one location.
Amway does not teach how to utilise the internet to reach more people around the world and make more money.
Many people complain that is very hard to make money with Amway due to lack of training.
You can also find other Amway complaints on the Better Business Bureau (BBB)
Is it Amway a scam?
Amway is not a scam. It is a legit MLM company that sells different products through it is IBO.
Amway also has great products and you can be guaranteed that you will never get many complaints from the customer.
But the chance to succeed in this business is very slim.
Only 48% of the ABO are active and 90% of Amway’s revenue comes from people out of the united state.
When you talk about Amway in the united state more people would not give you their time because they know how the business operates.
To run away from the bad reputation Amway has rebranded to Alticor and Quixtar. In some countries, they are still operating as Amway.
How I Make Money Online
I make money online with Affiliate and Internet Marketing. All I need is to find a profitable NICHE and find potential clients in that NICHE and recommend products to them.
You do not need to buy any products.
It even makes the business risk free and you do not also need to recruit people to make money.
They are services like Netflix that you can promote and if someone subscribes to the service you will be getting a recurring commission until the person stops paying.
Let’s say you have found a service to promote that cost $250 per month and the commission is 50%.
Yes, most affiliate programs pay up to 50% in commission.
Then you manage to find 10 people to subscribe to that service. You will earn $125 commission times 10 subscribe you will earn $1,250 per month.
You have the potential to find more people from around the world and make recurring income.
Remember your business is online it can reach many people worldwide. People are making 6 to 7 figures with the internet.
This is how I make money online. You can sign up for My Free 7 Day Affiliate Bootcamp and learn how to earn affiliate commissions with your laptop.
Is Amway a Scam – Final Verdict
Amway has great products that you can sell and the company have been there for more than 63 years they are not fly by night.
Amway is a legit MLM company that sells quality products
But the problem is the products a bit are overpriced and their competitors are selling the same products at affordable prices.
Then you will also need to recruit more people to make money.
It is about building your team and earning commission on your downline. That means you have to come out of your comfort zone and hustle hard like a hunter.
You will always have to speak to people whenever you have a chance.
Therefore, if you want to build a laptop lifestyle business Amway is not for you.
I will recommend checking out My top recommendation platform to learn how to build an online business that you love.
Your thought about Amay
Are you an existing Amway ABO, or have you been in the past?
Please leave your own review in the comment section whether good or bad it does not matter so long as it is helpful to our visitors.
Thanks for your support!