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I believe you are probably on this site because you need to find a way to make some extra money and you are wondering if Rewardia is Legit. Well yes, it is but read further for a more in-depth look of all there is to Rewardia.
Rewardia (the Site) is a loyalty program (GPT)where members may have the opportunity to earn points, which are redeemable for rewards.
Continue reading Rewardia Review
There is a lot of online marketing and other marketing business around that is advertising in the hopes that you will invest in their business.
Some of these are scams, and some are a complete waste of time, in this post, I will be looking at an MLM site:- AMWAY.
Business Details
Headquarters
7575 Fulton St E, Ada, MI 49355-0001
BBB File Opened:
1/3/1970
Years in Business:
60
Business Started:
10/9/1959
Business Incorporated:
9/6/1949 in MI, USA
Accredited Since:
10/1/1991
Type of Entity:
Corporation
Number of Employees:
21000
Alternate Business Name
Contact Information
Additional Contact Information
Phone Numbers
Website Addresses
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 theit website)
Amway business is for persons who want to earn some extra money or wan to have a business for themselves that 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
Bonuses: IBOs can earn monthly bonuses based on their personal 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 to 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.
Here is one review found on Glassdoor.https://www.glassdoor.com/Reviews/Amway-make-money-Reviews
I have been working at Amway
Pros
Great flexibility and any other pros that come with unemployment.
Cons
Multilevel marketing (pyramid scheme). You technically sell products but make most of your money tricking people into this hell hole company
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Amway.com states only 48% of their independent business are active and they make 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 largely dependent 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.
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
Yes Amway is a legit company, this company is accredited by the BBB and has a 4 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 4 years the 1979 FTC ruling vs Amway. they 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 large joining fee. The case also found that Amway did not promote inventory loading, which would leave distributors with a stockpile of products that could not be returned.
To become a member costs $100 and can be refunded within 90 days if you change your mind.
I have been involved with MLM’s before Avon and Herbalife, I did not like 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 earn money, Then you could try Affiliate marketing NEED TO KNOW MORE? CLICK HERE
Disclaimer:
This Amwayreview has been researched with information and testimonials that are available online in the public domain. The conclusions drawn are my opinions.
NOTE: This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you)
