From: kmoore@ncsc.org (Kevin Moore)
Subject: Re: Amway (Yeah, I know...)
Reply-To: kmoore@ncsc.org (Kevin Moore)
Organization: North Carolina Supercomputing Center
Date: Mon, 31 Aug 1992 20:34:26 GMT

In article <BtoC26.5ot@news.cso.uiuc.edu>, acheng@ncsa.uiuc.edu (Albert Cheng) writes:

 >
 >In article <16850E4A2.ST32373@VM.CC.LATECH.EDU>,
ST32373@VM.CC.LATECH.EDU writes:
 >>  Yes I know what everyone says BUT its hard to argue with: 1)
Average of 33% g
 >>rowth per annum since 1959, 2) over 4.1 billion in sales this year
(so far) 3)
 >>is in 45 countries world-wide. 4)Offers such income opportunities for
such a lo
 >>w investment. (Try $120-150,000) in 2-5 years.) These facts are all
verifiable
 >>through the FTC. Also : NO QUOTAS! ANYWHERE in the business. You
can/buy/sell/s
 >>how others the business as little or as much as you like. If you
would like to
 >>get some FACTS (and start your way to that $120-150,000 per year
income) E-Mail
 >> to ST32373@vm.cc.latech.edu. We can start your business for $0! If
you ever de
 >>cide to quit, we'll buy back ALL your tools (tapes,books,etc.) at
what you paid
 >> YOU HAVE NOTHING TO LOSE! See for yourself, don't listen to the guy
who quit
 >>or never even started. Thank you for reading this post.
 >
 >$120K!? a year?  Let me see, say your markup is about 33%, you have to
 >make sales about $360,000.  You need to have 36 friends, each buying
 >$10,000 of products (or 360 friends buying $1,000).  I don't have 300
 >friends nor a single friend that can buy $10,000 AMWAY stuff a year.
 >After all, if my friends find out my markup is 33%, they won't buy from
 >me. (Would you?)  So, cut it down to 15% markup.  Now I need $800,000
 >sale.  Good grief!  how many friends do I need to make that sale?  Can
 >you explain?

There are some people who have generated this kind of profit very quickly. It
seems to take a fairly aggressive person to do it. Amway folks no longer
are into making sales as much as they are into duplication. The idea is
generally to duplicate yourself by convincing a few other people to buy
the products from themselves and then to also attempt to duplicate themselves.
The proclaimed goal is to gain 6 people in 6-12 months. These 6 people are
also working to duplicate and the top level folks help them out. An interesting
thing in Amway is that people can pass their "sponsors" in sales and profit
if they are more motivated. In general, the idea seems to be very effective
as I know several people who are making a healthy living off of it. The
advantage of Amway products is that they are as good or better than
off the shelf products, Amway does little or no advertising and holds very
little debt. The company is very profitable and a small volume buyer can
buy equivalent products at Wal-Mart prices. My wife and I have used several
of the products and have been impressed in almost every case. Once you leave
the Amway product line (generally household products), you will find
the prices become much less competitive. There is no need to go through
the guy in louisiana as there is probably an amway group in your area who
can explain the whole deal to you. It is disappointing that the guy did not
post his name and phone number. I would think that would give him much more
credibility.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
||  Kevin Moore                      North Carolina Supercomputing Center   ||
||  Scientific Support Analyst       3021 Cornwallis Rd.                    ||
||  (919) 248-1179                   Research Triangle Park, NC 27709       ||
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Newsgroups: misc.invest