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Watch our review of Amway |
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| Startup
Cost: |
$100 - $200 |
| Product Line: |
Vast Comsumer Product Line |
| Business Type: |
MLM |
| Lead Generation: |
National TV |
| Marketing System: |
Online System |
| Annual Income
Potential: |
$60K + |
| Est. Annual Cost of Ownership: |
$200 - $1K |
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Overall Bizop |
9.5 |
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Product Line |
10 |
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Training |
9.2 |
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Startup Structure |
9.2 |
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Marketing System |
9.1 |
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Back Office |
8.8 |
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eStore |
9.8 |
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Lead Generation |
8.2 |
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Income Potential |
9.7 |
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Cost of Ownership |
9.7 |
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“Before this busines we were destined for a mediocre
lifestyle by my standards. I realized when I saw the independent business ownership
plan that we were not progressing financially. Becoming involved gave us the opportunity
not only to improve our lifestyle, but to completely change direction from a predictable routine.”
-Theron & Darlene Nelsen
“Not only are our dreams coming true, but we can offer the same vehicle to others and help
make their dreams come true, too!” It’s simply a matter of adding that 'something missing,
something more' ingredient to the recipe of life". Hope.
- Jay & Jeong Lee
“We were busy people,” explains Dave. “Fully involved in business and community activities.
No extra time. But the business looked too good to miss. We didn’t know much about it,
but we believed in its potential and we knew we could put forth the required effort. We
figured the Independent Business Pan would solve our financial problems, so we decided
to build a big business!”
-Dave & Jan Severn
DISCLAIMER: Claims and comments made are not supported, endorsed or
verified by Top5BizOps.com.
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Overall BizOp:
Amway has been a solid bizop for decades. It has been one of the top wealth
creators in the history of MLM. Amway reaches around the world with its products,
services and business opportunity. All the tools, training and system are
provided to you when you start your own business. The only missing ingredient is
your effort. Amway is a staple in the US economy and is a
proven commodity. There have been more millionaires created through Amway
than any other business, so it must work. So why shouldn't it work for you.
Product Line: The two keys to all MLMs is buy from
yourself and then teach others to do the same. Because Amway's product line is
so vast and high quality, revenue can build quickly.
Instead of giving your local retail store the markup from wholesale to retail,
you are putting it in your pocket and teaching others to do the same.
Your products are moved through a managed eStore that is without question one of
the finest you will find. In almost all cases, we have found that Amway is
profoundly concerned about quality. Which was very refreshing after reviewing so
many "fly by night" bizops.
What sets them apart:
 Vast product line
Fortune 100 company
National TV marketing campaign
Excellent business structure |
Training System: The training systems within Away are very extensive
centering around audio and conferences. The number of local and regional events
keep you educated and motivated. Like all MLMs motivation is key. Building any
business is not easy and it takes consistent effort. What keeps you going is the
success you achieve and the motivation provided by Amway training systems.
Startup Structure:
Very painless. The registration is quick and the fee is low. The eStore and
Opportunity Site are put up fast and you can leverage your sponsor to start
getting the business rolling right away.
Marketing System: Amway does have a national television campaign that
promotes and builds the credibility of the Amway name, but it does little to
drive prospects to you. Therefore marketing your business to attract customers
and prospects is up to you. This may be scary to some, but the training provided
will get you over any concern you may have.
Cost of Ownership: Because the startup cost is so very low, the money you
save buying wholesale should be enough to keep this business running. The
biggest costs are conferences, which are optional, but those that attend to tend
to build the business faster or at least they are much more motivated.
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