what is amway
Amway (short for American Way) is an American company that uses a multi-level marketing model to sell a variety of products, primarily in the health, beauty, and home care markets.he pyramid-like distribution system of the Amway business model led to Amway being accused of being a pyramid scheme. A 1979 US Federal Trade Commission ruling established that the Amway business model is not illegal in the United States.
Amway was founded in 1959 by Jay Van Andel and Richard DeVos. Based in Ada, Michigan, the company and family of companies under Alticor reported sales of $11.3 billion for 2012, the seventh consecutive year of growth for the company.he pyramid-like distribution system of the Amway business model led to Amway being accused of being a pyramid scheme. A 1979 US Federal Trade Commission ruling established that the Amway business model is not illegal in the United States.