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Article #68

Re: Amway (make BIG BIG money)

#68
From: Efrim Boritz
Date: Thu, 01 Oct 1992 13:03
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Here is quote 1 (emphasis mine):

> I sell to myself and my family.  You get some big discounts on stuff... from
> 18-65% off after the commission part of it.  That's why I buy from there.
> *You also don't make your money by selling.  Most of it is by Professional
> Networking.*

Here is quote 2:

> The Amway Sales and Marketing Plan contains none of the above described 
> elements.  Distributors of AMWAY products earn monies by selling products
> to their retail customers and other distributors in their sales organization,
> not from the introduction of additional persons into the business.  AMWAY
> distributors who require large initial investments in sales kits or inventory
> and do not properly emphasis retail sales of AMWAY products may invite
> scrutiny under various provincal pyramid laws.
> 
> In summary, it is mandatory that distributors of AMWAY products present the
> AMWAY sales and Marketing Plan in accordance with AMWAY literature and sales
> aids, properly emphasize retail selling, and only require purchase of the
> literature portion of the Amway Sales Kit to enter the business.  IT is 
> important to realize that simple and innocent changes made by well-meaning
> distributors could violate these laws.


End of the quote. Notice any inconsitencies? That is what really annoys
me about these type of 'opportunities' (and I have direct experience with
others). They are never about selling something even though the ONLY way
anyone makes any money is if something gets sold. Unfortunately, for every
fat cat at the top of the organization there are a bunch of poor slobs at
the bottom who sell a few products to themselves and their (sometimes
unfortunate) friends. If you don't mind making money off of someone else's
work when you do nothing for them (or someone making money off your work)
then this may be for you.

>
>>BTW, Amway has a growth rate of 45% a year for the last decade... far beyond
>>any other corporation.  This in itself should show that this is not a trend,
>>and will continue to do so for a little while.

Of course all this growth comes from people being recruited and the majority
of them basically using the products themselves. They expand by selling
people on making money, not by selling (necessarily) good products at 
reasonable prices.

Note that I am not familiar with Amway's products, but if you liked them
it is probably worth getting involved just so you can buy them at the
'distributor' wholesale prices.

Nick.

P.S. Sorry. The subject line is a cheap shot.
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From: eboritz@watarts.uwaterloo.ca (Efrim Boritz)
Subject: Re: Amway (make BIG BIG money)
Message-ID: <BvG1L4.E9n@watserv1.uwaterloo.ca>
Keywords: MONEY
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Organization: University of Waterloo
Distribution: kw
Date: Thu, 1 Oct 1992 13:03:03 GMT
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