Category Archives: Market News

Amway to be presenting sponsor of the Detroit Red Wings

Amway and the 11 time Stanley Cup winning Detroit Red Wings have announced that Amway is to be the team’s first ever presenting sponsor, and Nutrilite the team’s official nutritional supplement. Nutrilite is also going to work with the team on optimising supplements for each player. With 11 titles the Red Wings are the most [...]

Amway posts a billion dollars sales in a month

Grand Rapids press has reported that last month Amway had it’s first ever billion dollar month. Wow. To put that in perspective, according to Direct Selling News there’s only 11 other direct selling companies in the world that do over a billion dollars in a year. In 2010 Amway did US$9.2billion for the year, trailing [...]

Amway Australia, 40 years on and taking the lead

Amway Australia was the first Amway market to open outside of North America. The story goes that Rich DeVos said it was similar enough to America to try out Amway there, but far enough way that if it failed nobody would know! Well, last month Amway Australia celebrated 40 years in business, and while, like [...]

Updated Amway North America average incomes

In the latest Amway Business Opportunity Brochure (BOB), Amway North America has finally released some up dated average bonus statistics for that market. The figures are from 2009. Level Average/yr Highest/yr Percent Gold $12,303 $57,308 0.18% Founders Platinum $40,125 $966,290 0.26% Founders Emerald $142,181 $673,334 0.02% Founders Diamond and above $609,541 $2,739,829 0.01% Unfortunately the [...]

Amway sales grow 9.5% to $9.2 billion

I posted yesterday on Amway North America’s stunning retention rate. Today it’s been followed up by the announcement of Amway’s global sales for 2010 – $9.2billion! Amway said “… growth was fueled by strong 2010 results in China, the company’s largest market, as well as healthy gains in India, Korea, North America and Latin America. [...]

How does Amway work? It’s simple ….

Another great video from the folk at Amway Australia. It’s a simple business! (remember though – simple and easy are not always the same thing!)

Amway Australia: Social Media

My friend Bridgett has pointed out a great new video from Amway Australia about Social Media and Amway’s place in it. Check it out!

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