Awmay is undoubtedly one of the oldest, most established network marketing companies out there. As such, there are lots and lots of people who have worked with Amway, and you will find both positive and negative reviews from people who have been involved with Amway.
The reason MLM companies are so appealing is because of the work-from-home dream. Not having a (direct) “boss” in the traditional sense. Not having to show up at 8 in the morning, not having to commute, not needing a degree to get started. All these things make MLMs attractive, and Amway is just one of these MLMs that offers these benefits.
Amway was founded in 1959 and is one of the most popular multi-level marketing companes in the world. They sell a TON of different products that you can choose from. Amway is a globally-recognized brand, and brings in billions of dollars in revenue year in and year out.
Amway offers customers over a hundred different products. All the products can be categorized into either Nutrition, Bath and Body, Home products, and Beauty products.
Amway’s nutrition brand, Nutrilite, includes several kinds of vitamins and supplements. Nutrilite also has weight management products, as well as energy drinks, protein shakes, and protein bars.
Amway also offers Bath and Body products geared towards hair, skin, and oral health.
Amway’s line of Home products Amway includes everything from cookware, to dish detergent, air filters, water purifiers, and more.
Amway’s Beauty line contains products geared towards skin care such as moisturizers, serums, and makeup products.
The main reason for Amway’s success has been because of the people they recruit to sell their products (people like you and me, who want to work from home and are looking for an opportunity to start a business selling their products). The main ways to make money through Amway are the retail margin, growth incentives, and monthly bonuses.
You can join Amway has a distributor for a start-up fee of $62. This fee comes with a money-back guarantee of 90 days. Once you pay the fee, you get a “Getting Started” guide, with catalogs of the products, and information on the growth incentives, monthly bonuses, and other award programs. This kit also comes with training materials to help you get started.
You can set your own prices on the products, so this means that YOU decide the profit margin. Your monthly bonus is a result of your sales, as well as the sales of anyone you recruit in your downline (the distributors you sponsor). This way, you are incentivized to recruit others to sell Amway products as well.
What’s Great About Amway
Amway has an impressive track record and is obviously financially successful. The range of products they offer is substantial, and you have the choice to sell whatever you want as a distributor. Additionally, the start-up cost is low (at just $62, refundable for 90 days) – you have to consider that if you were to start your own brick-and-mortar business, you would be investing thousands of dollars instead.
90 days is a long time – you can easily decide within that time frame if Amway is right for you or not. If things don’t work out, you can ask for a refund and move on.
What’s Not To Love About Amway
If you attempt to research about Amway on the internet, you will see a lot of negative comments. This is mostly because people have concerns about the number of distributors that actually make a significant amount of money through Amway. Most distributors don’t bring in much money, while some are able to make Amway their primary source of income.
Furthermore, Amway has been accused in the past of being a pyramid scheme. There was a class-action lawsuit in 2007 that alleged fraud – and Amway agreed to pay $34 million in cash and $22 million in products. Amway made changes to the company since the end of that lawsuit in 2010.
If you’re looking to get your feet wet in network marketing, you can trust Amway. It is credible and legitimate, but not everyone can turn Amway into a full-time career that makes them rich overnight.
But you have to wonder – how are the 20% that are doing very well with Amway, doing well? You can read about what you can do to be successful with Amway here.
Before you go, here are some frequently asked questions about Amway:
1. What is Amway’s BBB rating?
2. How long has Amway been in business?
Around 60 years – since 1959.
3. What is Amway’s revenue?
8.8 billion, as of 2018
4. What does Amway sell?
Health, beauty, nutrition and home care products
5. What are Amway’s most popular products?
Amway’s most popular products include the Liquid Organic Cleaner (multipurpose cleaner that can be used for all washable items and surfaces and is safe for use on hands), the Nutrillite line of health supplements (specifically the Double X, which is a powerful supplement designed to support a healthy body), and the XS Energy drinks that come in various flavors and formulas.
6. How much does it cost to join Amway?
The registration fee is $62 (refundable for 90 days). There is also an optional Product Starter Kit which costs $99.99, which gets you $245 of full-size products to try and numerous samples to share.
Also, Amway charges an annual registration fee of less than $100 annually in every country where Amway operates, and is fully refundable within 60–180 days if you decide Amway isn’t for you.
7. Is Amway a scam?
No, Amway is a legitimate business with real products that can be purchased without becoming a distributor. Additionally, Amway has great BBB ratings, and has been listed on Forbes’ list of “America’s Largest Private Companies.”
8. How many Amway distributors are there?
More than 3 million distributors in more than 100 countries
9. What lawsuits have been filed?
Amway has had the typical lawsuits of a large MLM. In 2010, Amway paid $34 million and provided $22 million worth of products to settle a 2007 class-action suit alleging it runs a pyramid scheme. That same year, Amway agreed to pay $150 million in restitution to consumers accusing them of operating a pyramid scheme.  In 1985, Amway was sued by Dyson for copyright infringement of the Dyson dual cyclone prototype machine. 
10. Which companies are comparable to Amway?
Mary Kay, Herbalife