Primarily due to the weakening Chinese economy and unfavourable exchange rates, Amway’s revenues dropped to $9.5 billion in 2015. 70% of the top 20 markets saw growth, including, notably, Amway’s oldest market, the United States. Older markets such as South Korea, Japan, Taiwan, and Malaysia also experienced growth, as did Latin America. No figures were reported … Continue reading Amway revenues drop 12% to $9.5billion
Carl Miller in the comments shared this recent info from Amway North America – What a remarkable year! The Americas region lead the Enterprise in growth and will close the year with double-digit growth in 13 out of 15 markets, becoming the fastest-growing region in Amway. In partnership with you, we achieved record high numbers … Continue reading 15 consecutive months of growth for Amway North America
I first joined Amway when I was 19, more than 25 years ago. I was only an IBO for a couple of years, but I made a little cash, liked the products, and was impressed by the company. 18 years ago I joined again and built a reasonable size network. Again, I loved the products … Continue reading Is Amway suffering from “big company syndrome”?
Amway has today announced 2014 global revenue of $10.8 billion – a $1 billion drop from it’s 2013 record sales of $11.8 billion. The company says the drop is a result of a combination of a drop in sales in key markets, as well as currency fluctuations. Given the instability in key markets like Ukraine, Russia, … Continue reading Amway sales drop 8% to $10.8 billion
As many IBOs know, XS Energy Drinks (known as XS Power Drinks in Europe) originated as a “healthier” energy drink product created by two IBOs, David Vanderveen and Scott Coon. It was manufactured by a company called Logic Nutrition and resold through Amway (and earlier, Quixtar) and has been a huge success, with recent expansion out … Continue reading Amway buys XS energy drinks
The basis of any business is having products that have a market demand. If you have that, then you have a business. Critics of Amway and other companies that use MLM as a marketing strategy regularly claim the products are “over-priced junk”. Remarkably, when I’ve asked them how many of the products they’ve actually tried, … Continue reading Amway Product Review: Artistry Skin Refinisher
After a longer than expected hiatus, the Amway Talk discussion forum is back! So if you have questions, or just want to chat about Amway or other MLMs, head on over.