Advantages and disadvantages of Amway MLM Business Plan
Today’s article will be of great help and dropper for those who want to join or are already connected to Amway’s MLM and Direct Selling Business Plan. Not only Amway but from this article, you and other MLM and direct selling company businesses have gained some new understanding.
Amway is one of the largest network marketing and direct selling company in India, which is continuously spreading in India. Amway is also one of the few MLM companies, a member of IDSA (Indian Direct Selling Association).
Being a member of IDSA implies that this company follows the direct selling law of the Government of India and promotes a lot of logo on the company. Basically, Amway is a 100% certified direct selling company.
Amway MLM and Direct Selling Business in India: –
Amway does a very large business in India. In the same previous post, we also said that Amway is working as a role model for hundreds of new direct selling companies in India. Amway’s advertisements also appear publicly on National TV, which shows that Amway wants to expand its business in India as well.
Apart from this, Amway has also opened a manufacturing unit costing over 500 crores in Tamil Nadu, which has provided employment to hundreds of people.
Talking about Amway’s growth in India, Amway has so far sold 3000 crore products in the country. But now, its sales have been declining for some consecutive years. Due to which people are getting different ideas about direct selling.
The growth rate of Amway has seen a decline and now many direct selling companies are going backwards, which seems that the direct selling is going somewhere else.
Advantages and disadvantages of Amway MLM and Direct Selling Business Plan: –
In this post today, we will only talk about Amway. In which we will comment on the benefits and benefits of joining Amway’s direct selling and MLM plan. So let’s start with the benefits.
Benefits of Amway MLM and Direct Selling: –
There are many benefits of direct selling of Amway products and networking on Amway’s plans, which makes it affordable to connect with Amway, which we are mentioning below.
Products in high quality and quality of Amway: –
One of the biggest advantages of joining Amway is that Amway has a very high-quality product, which includes products like cosmetics, health care, kitchen appliances, in addition, Amway also offers direct selling of Nutrilite products, due to which it The ordinary MLM company makes it out of the box.
Amway is also at the top in the same quality. Amway’s products are of world-class quality, which has been shown to be capable of safety tests in all ways.
Therefore, due to the better product, there is no harm in direct selling of Amway’s product.
Reliable and low risk: –
Amway is the oldest and most lucrative MLM company. Amway was started in 1959 and is soon to complete 60 years. There is very little Reliable company like Amway.
Many people do not keep direct selling and networking now only part-time, but now people are thinking of making MLM their career. Direct selling involves many companies and disappears in a short period of time. In such a situation, both the money and hard work of MLM workers go in vain. Therefore, it is important for the MLM company to be reliable.
Accordingly, associating with Amway is beneficial and means less risk.
Unlimited Business Opportunity from Amway: –
The biggest advantage in MLM and direct selling business is that you get the opportunity to do unlimited business. Unlimited means that there is no limit to the business. Yes, the production of the company and the product is not your own. However, you can pick up the product from Amway as and when you want, in addition to this, you can sell as many products as you want to sell.
Other benefits: –
Talking about other benefits, there is a lot to be learned from direct selling from Amway. Because Amway’s level has been very high from the beginning, one can start their direct selling and MLM career in a very good environment.
Apart from this, there have been changes in Amway’s business, which have been very complimentary about the current market situation.
Disadvantages of Amway MLM Business Plan:
As you know the benefits of Amway’s plan above, it is more important to understand its losses. Losses do not mean that you have a direct loss. This implies that there are some flaws that lead to Amway’s business model. Connecting with it leads to more harm than benefit, so it is very important to understand them.
Amway Product Price: –
As you have been told, Amway manufactures world-class quality products. Sells for up to Rs 600, whose actual price is only around 60 rupees.
Taking the same simple example, Colgate’s 200GM toothpaste costs 80 to 90 rupees, but Amway gives MRP of up to Rs 290 for 200GM toothpaste. There is no difference, but the Indian distributor of Amway is suffering. As most of the middle-class of India is highly concerned and below it, which makes it difficult for the distributor to get customers for their direct sales.
Yes, there are no two opinions about the fact that Amway’s products offer quality, but it seems quite difficult for such high priced products to survive in India.
Competition in Amway and India: –
Amway has been an old direct selling company in India, but now there is no shortage of companies making such and such products in India.
In personal care and cosmetic, there are companies like Hindusthan Unilever, Himalaya, Patanjali, which offer much better products at a lower price.
On the other hand, Amway’s Nutrilite product catalog also has other MLM companies like Herbalife, which has claimed to sell the best herb products in the world, and Herbalife also does well in India.
The competition also has Indian MLM companies such as Vesties and Modicare, attracting the attention of new distributors and MLM buyers away from Amway.
Amway 90 Day Task: –
After taking free joining at Amway, in 90 days, everyone has to add 3 new people below it, so it is part of Amway’s business and the way to get the company moving as soon as possible. But, this task is so easy No, because it is not so easy for an ordinary person to understand marketing and networking so quickly, to build their own network. So this task comes up as a drawback of Amway.
Other drawbacks of Amway Business: –
In the end, the shortcomings are so much that Amway is still a foreign company, so it also gets the word of being boycotted and the price of this company’s product is not right according to the market of India.
We hope that you have got to learn something new from this analysis of our post “Benefits and Disadvantages of Amway Business Plan”. If you have any question or suggestion, then let us know in the comment.