I was listening to a recent podcast from MLM Expert, Len Clements and he said something about the Amway compensation plan that I found very interesting. Mr. Clements is a court certified expert in MLM/Network Marketing and founder of Market Wave Inc, in case you were wondering about his credentials.
So here is a quote from Mr. Clements about the Amway Compensation Plan:
"The Amway Compensation Plan is one of the worst plans in the industry."
Hmmm. That sounds really familiar. Oh yeah, that's what I have been saying about the Amway/Quixtar plan for years.
Amway is an $8 Billion company, but my guess is that only 10% (roughly $800 Million) of that volume comes from the U.S., down from an estimated $2 to $3 Billion in the 90's.
Is Amway Global a good business opportunity in the U.S.?
Let's answer that with a couple of questions...
1. Can you name a Network Marketing company that has a worse reputation than Amway/Quixtar?
2. Can you name a company that has a worse dollar to volume ratio than Amway/Quixtar? In other words, how much does it cost you to do your 100 points?
Amway Global has a Stairstep Breakaway Plan (not a Unilevel Plan like some folks at MonaVie claim). The Stairstep Breakaway plan is typically considered as a plan that is disproportionately weighted towards the back end. In general, top earners typically (not always) do fairly well and the mid to low ranks suffer.
really appreciated!
ReplyDeletethanks...