Comments on: Amway Global 2008 sales revealed

By: James

James — Wed, 13 Oct 2010 11:25:46 +0000

cool. how much money did YOU make? james

By: SP75

SP75 — Fri, 12 Jun 2009 10:21:52 +0000

Yeah, I would say that with Holly Chen & Barry Chi and Brad & Julie Duncan qualifying for Crown in the US, it’s possible.
I think this figure indicates that all those rumours from TEAM members about how Amway Global will suffer from letting the MLM-tourist (oops, sorry, I mean “Orrin the Great”) go, were wrong.

By: Amway Global sales up 5% in 2008? | The Truth About Amway

Amway Global sales up 5% in 2008? | The Truth About Amway — Fri, 12 Jun 2009 10:07:43 +0000

[...] The Truth About Amway Get the Facts about Amway and Quixtar HomeAmway TalkAmway WatchAmway WikiAmway FactsAmway Myths « Amway Global 2008 sales revealed [...]

By: ibofightback

ibofightback — Fri, 12 Jun 2009 09:33:58 +0000

Ahh, ok so I was mistaken, that's interesting! That means online sales were UP over 2007? Great work getting the data together SP75, this requires a new post I think ...

By: SP75

SP75 — Fri, 12 Jun 2009 09:23:12 +0000

ajgannon: Yes, I was referring to orders placed via Quixtar/Amway Global website. I am not so sure that the sales figure ($904 million) represent TOTAL sales.

Here is what Internet Retailer said about Quixtar sales in March 2008: “Quixtar, which still is formulating its year-end numbers, posted estimated web sales of $858 million in 2007, a drop of 0.3% from web sales of $861 million in the prior year.”
source: http://www.internetretailer.com/dailyNews.asp?id=25131

In Feb 2007 IR said: “Online health and beauty retailer Quixtar Inc., No. 20 in the Internet Retailer Top 500 Guide to Retail Web Sites, has reported web sales of $880 million for 2006, up 10% from $800 million in 2005. The web now accounts for 79% of the company’s total 2006 sales of $1.118 billion.”
source: http://www.internetretailer.com/dailyNews.asp?id=21363

Also, in 2006, the news release said: “Internet Retailer’s Top 500 guide ranks America’s largest retail websites based on 2005 sales. According to the publication, online sales topped $109 billion in 2005, a 25% increase over 2004 sales. Quixtar had $751 million in online sales last year, out of $1.058 billion in total sales.”
source: http://www.amwayglobalnews.com/pr/awg/quixtar_06ranking.aspx

By: SP75

SP75 — Fri, 12 Jun 2009 09:20:12 +0000

Compiling the information available:
2005 – $751 million
2006 – $861 million (Jan2006-Dec2006) or $880 million (Sept2005-Aug2006)*
2007 – $858 million
2008 – $904 million
* I think there was a change in fiscal year

The figures above represent the online sales only, not the total sales.

The total sales for the years above were:
2005 – $1.058 billion
2006 – $1.094 billion
2007 – $1.118 billion
2008 – $1.072 billion

And finaly, the recent news release clearly says: “According to Internet Retailer estimates, Amway Global’s online sales surpassed $904 million in 2008.”

So I am pretty sure that this figure doesn’t represent total sales.

By: ajgannon

ajgannon — Thu, 11 Jun 2009 23:25:40 +0000

Is SP75 referring to orders placed via the web-site versus orders placed over the telephone? I would expect that the sales figure that IBOFightBack quotes ($904 million) is combined telephone and on-line orders.

By: ibofightback

ibofightback — Thu, 11 Jun 2009 13:42:45 +0000

In previous years the figures mentioned by Quixtar in their sales releases and Internet Retailer in their reports has been the same.

By: SP75

SP75 — Thu, 11 Jun 2009 12:59:47 +0000

Note that the sales mentioned in the Internet Retailer’s report were ONLINE sales. Now, we of course have online ordering via Amway websites in Europe, but I also know from my personal experience that some orders are carried out offline.
While I am sure that the great majority of sales is done online, not ALL purchases are done via Quixtar/Amway Global website, so we can assume that the actual sales figure for Amway Global’s total sales was in fact slightly higher than 904 million.