Can you make money with Amway?
Amway has been around for more than 60 years and has more than 1 million Independent Business Owners across the globe.
Amway has been around for more than 60 years and has more than 1 million Independent Business Owners across the globe.
Amway has been around for more than 60 years and has more than 1 million Independent Business Owners across the globe.
Amway has been around for more than 60 years and has more than 1 million Independent Business Owners across the globe.
If you’re considering the direct selling industry as a way to supplement your income, you may be wondering: Can you make money with Amway?
The short answer is yes, and in the United States tens of thousands of people do. You may or may not have heard of Amway, but it is the world’s number one direct selling company* and has been helping people be in business for themselves for more than 60 years.
How do you make money with Amway? Through the sale of Amway’s high quality health, beauty and home products as a registered Amway Independent Business Owner (IBO). In fact, the Amway opportunity and product line hit on two strong segments of the current marketplace: wellness and the gig economy.
The global wellness industry was valued at $5.6 trillion in 2022, and Amway’s nutritional supplements, organic line, and products that support exercise, clean beauty, clean air and clean water appeal to those who care about their overall well-being. And the flexibility afforded by the Amway business means people can work at selling those products wherever it fits in their current lifestyle, much like the 39% of the American workforce that was freelancing in 2022.
Amway was founded in 1959 and is widely recognized in the direct selling industry in the U.S. and abroad. This storied company operates in more than 100 different countries and territories and there are more than 1 million Amway IBOs across the world selling hundreds of different high-quality health and wellbeing products and solutions.
The company’s success stories show that it’s possible to earn extra income with Amway. Sales for Amway in 2022 reached $8.1B, proving that the company’s quality products are in demand and offer a potential source of supplemental income to IBOs who work at their business and see results.
As an IBO, Amway offers you three ways to earn money. The first is through selling Amway™ products to customers. Each product comes with a suggested retail price, but IBOs can set their own prices. The difference between Amway’s price and your retail markup is your profit.
The second way to earn money with Amway is through monthly bonuses. These bonuses are based on the quantity and value of the products you sell each month. The higher the sales volume, the more money you can earn.
The third way you can make money with Amway is when others you have sponsored into the business also sell products to customers. You can earn another monthly bonus based on the sales volume of the products they sell.
As you continue to work at your business and see results, you may become eligible for discretionary incentives based on reaching various sales milestones. These could be cash awards or business trips. For those who register as an IBO and dedicate time to building their business, Amway can be a rewarding experience. How much you earn depends on the results you generate. Consistency is the key, even if you only have a limited amount of time each week to devote to your business.
Whether or not Amway is a good way to earn money is up to each individual. As an Amway Independent Business Owner, success is your responsibility. You control your time and how much you can earn. Earnings depend on many factors, including your customer base, business experience, effort, dedication and the quality and performance of any IBOs you sponsor.
You can work at your own pace, learning what works for you when it comes to balancing the time you spend serving your customers, learning more about the products and how to sell them or growing your Amway business.
As an IBO, you can achieve your version of success. That could be exploring what it’s like being a small business owner or getting experience with sales and public speaking. Or it could be earning additional income on the side to reach other goals. You build your business the way you want!
At Amway, the philosophy is that IBOs are in business for themselves, but never by themselves. The success of Amway depends on the success of IBOs so the company provides a variety of materials and resources to support them.
New IBOs have immediate access to Amway Education, a free education and training platform offered in five languages. It features more than 150+ virtual courses along with presentations, podcasts and activities to help IBOs learn about products, pick up selling strategies and get business tips.
IBOs often get personal, one-on-one coaching from their sponsors and teams, too, helping them learn to set goals, expand their sales expertise and run successful, sustainable Amway businesses. Amway also provides the digital platforms to help IBOs easily manage their business from a computer or their phone.
Amway also supports IBOs by standing behind the quality products it manufactures with a satisfaction guarantee, warranties and service programs. When a customer purchases any product, they receive a 100% money-back guarantee if they aren’t satisfied. (See full terms and exclusions here.)
Also, Amway’s premium durable goods, such as the Atmosphere Sky™ Air Treatment System, the eSpring™ UV Water Treatment System and iCook™ cookware, come with limited warranties in addition to the satisfaction guarantee.
The satisfaction guarantee and product warranties are key parts of the Amway Promise, which was designed to offer assurances to customers and IBOs alike as they try Amway products or the Amway opportunity.
One of the reasons Amway is so confident in the quality of its products is because the company invests in the people and processes needed to achieve excellence.
One of the top 100 private companies in the U.S., Amway employs more than 14,000 people around the world, including almost 800 scientists and innovators. Innovation and Science team members have more than 200 advanced degrees and continue to stay up to date on the latest research.
They work in collaboration with the Amway Scientific Advisory Board, which is composed of leading industry experts in the fields of health, nutrition and beauty. With more than 750 patents and patents pending, Amway is a constant innovator of new products, formulas and product improvements.
The company also owns nearly 6,000 acres of certified organic farmland in the U.S., Mexico and Brazil where it grows the produce and botanicals used to make many of its health, beauty and personal care products. When Amway ingredients require different climates, Amway has carefully selected partner farms in 27 countries that must adhere to strict sustainability and quality standards.
The company’s detailed traceability process ensures safe, pure and effective products. From the seeds and soil treatments used, to the individuals involved with sowing, harvesting and processing, each step of the process is meticulously documented.
The careful record keeping continues when the ingredients are delivered to any of the six production facilities Amway has around the world. Amway scientists perform a stringent set of quality checks, going above and beyond industry standards. In fact, more than 500,000 quality checks are performed each year.
When people register to become an IBO, they are not starting a business from scratch. They have the immediate support of Amway’s customer service department to answer any questions from them or their customers about the business or the products. That ready source of information gives IBOs more time to spend on selling products and growing their business.
Each year, Amway receives more than 2 million inquiries to its customer service centers across the globe. It is a point of pride for the company to help each person easily and quickly. Even in the company’s largest markets, such as the United States, China, India and Korea, the wait time is less than a minute. Amway has invested millions of dollars into improving customer service and support to achieve that standard.
At the Amway Regional Contact Center in Ada, Mich., more than 300 customer service representatives field calls in five languages: English, Spanish, French, Russian and Mandarin. The contact center has displays of current products; if a caller has questions about the appearance or performance of a product, the representatives can compare them to real samples.
Does Amway sound like a good way to make money? If you want to give it a try, you can talk to the IBO who introduced you to Amway or register for free online. Find out how you can earn money with Amway, become an IBO, learn how to sell products to customers and join a supportive family of other business owners.
*As ranked by 2024 Direct Selling News Global 100 based on 2023 revenues.
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