Comments on: Amway 2008 Sales figures – a few comments

By: Let’s Talk About Tools I | The Truth About Amway

Let’s Talk About Tools I | The Truth About Amway — Thu, 12 Feb 2009 01:16:18 +0000

[...] 90% of their income from their BSM side businesses. In the last few days, following the release of Amway’s 2008 sales data I’ve even seen quite a few comments on newspaper websites and other sites claiming the [...]

By: ibofightback

ibofightback — Fri, 06 Feb 2009 14:58:42 +0000

What’s suspicious? DeVos and Van Andel have said North America had a very tough year, which clearly means sales dropped. Even at it’s best I don’t think anyone expected anything more than holding sales or a slight increase. To be expected after the Team debacle. I can’t think of any “debates” that would have been settled, but like you I’m curious too. C’est la vie.

The MV income disclosure form is a great document and I wish Amway would do something similar. Mind you, isn’t that IDF for MonaVie globally? It also doesn’t say what some folk claim it says (namely Mr Woodward in his comparison with Amway) as it’s a rolling average, whereas qualification for a recognised pin level in Amway is much harder, taking months of consistency.

By: J-Rod

J-Rod — Fri, 06 Feb 2009 12:44:27 +0000

Touche, IBOFB,

But the release and continual update of the Income Disclosure Form tells the story.

But can you honestly say that it isn’t at least disappointing and a little suspicious that Amyway will not give the North American numbers for the first full year after the split?

How many questions and debates would have finally been settled? I was curious. Now (once again) I’m left frustrated.

BTW, I like the new site and have been checking in every few weeks.

By: SP75

SP75 — Fri, 06 Feb 2009 09:32:42 +0000

J-Rod: Bear in mind that we are talking about a private company, not publicly traded. Publicly traded companies have to report detailed figures. Many private companies usually do not report these figures simply because they don’t have to.

By: ibofightback

ibofightback — Fri, 06 Feb 2009 03:00:37 +0000

Can’t think of an industry that doesn’t? Hmmm … how about another direct selling example …. I know … MonaVie, where many of the Team folk took refuge! They don’t even report global yearly sales, let alone by country! Indeed … I can’t find a single privately held direct selling company that does break down it sales by country, and few that report their sales at all …..

dear, oh dear. Please do a little more “thinking”, and research, next time.

By: J-Rod

J-Rod — Fri, 06 Feb 2009 01:45:44 +0000

Oh come on! Every global company reports individual sales. I can’t think of an industry that doesn’t. Can we take this to mean that the loss of Team was closer to 40% of the North American business than it was to 10%?