Ok, so you've just joined your brand new Amway business or you're about to join. It's possible you've been a part of Amway already and you haven't had the success you're looking for.
My goal is to do a review of Amway and the opportunity they offer. The pros and cons of the company. I come from a sales background and have quite a bit of experience in both MLM and the sales industry.
Amway Overview
Amway is a network marketing company with a specialization primarily in the health, beauty and home care markets. Health and Beauty products accounted for nearly 60% of worldwide sales back in 2004. They're one of the biggest and longest standing MLM's today. AM has had success for over 40 years and they've been around since the late 50s, I'm in no way affiliated with this business. Their primary target is middle aged mid class clientele.
Amway sells mostly health/beauty products because these products are purchased at regular intervals.This is probably the best kind of residual income generator for your money's worth. Amway has a great reputation for selling high quality product. Organizational help is something that's more recently been added to their company as the economy has pretty much demanded it.
The Opportunity
As long as MLM exists it will always be criticized by the general public, which is impossible to get past. Even though it's still a proper and legit business to make money from.
The idea is to acquire reps and customers. When you can't acquire a rep, the idea is to get them as a client, through electronics, home products or anything that they may be able to use. A good position to get to is Silver level. Diamond distributor is a difficult position to obtain in the company. At that level you make over six figures and you're a full time Amway business owner.
It can be difficult to produce a lot of Silvers or to even get there yourself, mostly because of the nature of network marketing the this industry. One of the biggest problems reps have coming into this industry is having the trust of their clients or potential clients because you're dealing with the most important thing in people's lives, their finances.
It's difficult to build contacts in the network marketing world without having and prior experience, especially in mlm. In order to begin this business you need to get a huge list of your warm market together and learn all the services inside and out. Generating leads is probably the most important thing you can do to build you business but it's always neglected. Between a full-time job, going through training and seminars, learning the business so you know what you're talking about is a lot of work for reps starting out.
It's important to have a marketing game plan when getting involved in a business with this much scope. I personally generate all my leads online and use the power of the internet to its full potential. Check out the links below in the author box if you need help becoming the next Diamond Distributor and want to be the next Amway Super Star.