In this post, I will be looking at The Quest Mindshare.
What IsQuest Mindshare?
Quest Mindshare is a Gps( get paid to) site; this site has been in operation since 2003 and is owned by Quest Global Research Group and is based in Canada.
This company boasts a membership of over 4 million members.
Amway is one of the world’s largest direct-selling businesses. The company sells products for nutrition, beauty, personal care, and the home.
Amway is family-owned, financially stable, and led by a diverse global management team that supports Amway Independent Business Owners and their goals.
Amway is built on principles, people, and products that have touched millions of lives around the world ( taken from the website)
WHO is Amway’s independent business owner for
Amway business is for persons who want to earn extra money or want to have a company they can operate on their own time.
According to their website, there are three ways to earn money from Amway.
Sell quality products that people use every day
. Earn in three ways:
Retail margin from every Amway™ product you sell.
Bonuses are calculated from your business growth. ( recruit others to join Amway)
Incentives are rewarded as you reach key milestones in your business.
Selling Amway™ products with a retail markup and pocketing the margin.
Earning personal sales bonuses based on your volume of products sold.
Achieving Growth Incentives for building a team of others, who in turn also sell Amway™ products.
Bonuses: IBOs can earn monthly bonuses based on their sales volume (how many products and what types of products they sell).
Growth Incentives: As their business grows and they sponsor new team members, IBOs receive monthly bonuses based on the product sales volume of their team. IBOs earn Growth Incentives for reaching key business-building milestones, such as one-time cash awards and business trips.
You Have to Know How to sell, and very few distributors Turn a Profit; running your own Amway business is a sales job.
To succeed, you need to be able to sell and promote the products to consumers and the system to new distributors.
So if you want to make money you have to requite, you also earn a commission on every sale your requites make.
Amway.com states that only 48% of their independent businesses are active, making about $200.00 per month.
Growth Incentives: As your business grows and you recruit new team members, you will also receive monthly bonuses based on the product sales volume of your team.
You earn Growth Incentives for reaching key business-building milestones, such as one-time cash awards and business trips.
Amway offers a performance-based compensation plan. How much IBOs earn is dependent mainly on how much time and effort they consistently put into their businesses.
Amway claims you do not have to recruit to make money, but looking at the structure of how to make money with Amway, I do not see any other way to make decent money.
Their products get good reviews as being of good quality, but the overall complaint is the price.
Is Amway A MLM?
Yes, Amway is Direct marketing or MLM
Multilevel Marketing, or MLM, is a system for selling goods or services through a network of distributors. Multilevel marketing is also referred to as Network Marketing or Direct Sales .https://www.thebalancesmb.com/multilevel-marketing-mlm-2947187.
Is Amway a Legit CO
Yes, Amway is a legit company, accredited by the BBB, and has a four stars rating; it has been in operation for over 60 years.
In 1979 Amway was taken to court and charged with being an illegal pyramid scheme, but after four years, the 1979 FTC ruling vs. Amway, Amway managed to survive.
The FTC case did find that ‘Amway had made false and misleading earnings claims when recruiting new distributors.
The FTC found that Amway differed from Pyramid scams because they did not charge a significant joining fee. The case also found that Amway did not promote inventory loading, leaving distributors with a stockpile of products that could not be returned.
Pros
To become a member costs $100 and can be refunded within 90 days if you change your mind.
Cons
Very few people generate a profit – only 0.3% of MLM members will turn a profit. I. You might earn a commission cheque or two, but chances are your income will be less than your expenses
You can not succeed unless you aggressively recruit new members – the only way to make money in Amway or any MLM is to have many people beneath you in the system.
You will need to approach as many people as possible and try your luck at recruiting every one of them.
Final thoughts
I have been involved with MLMs before Avon and Herbalife, I was not too fond of the idea of almost forcing people to join, It made me feel uncomfortable, and even though the products were good, I never could sell enough to cover my expenses.
But everybody is different, and maybe you would like the MLM method of earning money.
If you are like me and would prefer another way to make money, could you try Affiliate marketing NEED TO KNOW MORE? CLICK HERE
turn your passion into profit
My Thoughts
Many of us are looking for ways to make money online, and you can make money online from the comfort of your home or anywhere you choose.
One of the great things about the internet is that you can go into business for yourself from the comfort of your home.
It would be best if you had an internet connection to a computer to make money online.
Running your own business online will allow you the freedom from the daily 9 to 5 desk job.
You will be able to travel, indulge in hobbies, and be with your family,
There are more profitable ways to earn online than on surveys or GPT sites; of all the ways to make money online, I favor affiliate marketing,
I have written a post about the many ways to make a living online ( you can read it here.) What is affiliate marketing, and why affiliate marketing, you ask?
Affiliate Marketing
Affiliate marketing is one of the best business models to make money online, and you can start for free.
As with these sites, the potential for earning anything substantial is almost nill, but there are other earning opportunities online that can be better income earners,
There are more profitable ways to earn online than on surveys or GPT sites; of all the ways to make money online, I favor affiliate marketing,
Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company’s products and services.
The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.
Affiliate marketing is not a get-rich-quick endeavor; it will take some work and patience, but you can do it.
You can operate in any market you wish! – even your hobbies & passions!
Earn a full-time income & more! No limit to your earning potential!
You may be saying you do not know about affiliate marketing; well, not to worry, there is (in my opinion) the best training platform in AFFILIATE Marketing.
This company has been around since 2005 and has members from around the globe,
This company has an outstanding reputation and has produced many super-affiliates; they have the very best community that is very active, friendly, and helpful.
With the free membership, you will get ten lessons, a website, a domain (for a time), and free web hosting; you need not be an expert; you will become an expert; you have nothing to lose to try; it is FREE.
Are you a qualified individual seeking employment, but it seems all the employment doors are closed to you? There are several reasons why this is so
One problem could be that jobs are few, but employment seekers are many. Finding a good job will be hard because so many others are seeking the same job you are seeking, so in this very competitive market, you have to be the best candidate for the job.
Technology Replacing Workers
With the ever-increasing advancement of high technology, the need for humans is less, so fewer jobs are available to workers.
