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Presented by RONAK MODI. IT’S A GLOBAL COMPANY 14,000 EMPLOYEES 300 SCIENTIST 700 PATENTS CO-FOUNDER -JAY AND RICH.

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Presentation on theme: "Presented by RONAK MODI. IT’S A GLOBAL COMPANY 14,000 EMPLOYEES 300 SCIENTIST 700 PATENTS CO-FOUNDER -JAY AND RICH."— Presentation transcript:

1 Presented by RONAK MODI

2 IT’S A GLOBAL COMPANY 14,000 EMPLOYEES 300 SCIENTIST 700 PATENTS CO-FOUNDER -JAY AND RICH

3 IN ADA…

4 COMPETETORS

5 STRATEGY MULTILEVEL MARKETING ALL OVER THE WORLD WORK FROM HOME, SHOP FROM HOME TREND RESULT MORE THAN 16.1 MILLION PEOPLE WORKED AS DIRECT SALES EXECUTIVE

6 WHAT SETS AMWAY APART FROM OTHERS AMWAY SELLERS ARE INDEPENDENT BUSINESS OWNERS FIRST TO USE SOCIAL MEDIA 1200 IBO JOINS EVERYDAY

7 AMWAY BUSINESS MODEL

8

9 HOW DID THE BUSINESS STARTED JAY 16 RICH 14 JV WORKED WITH JAY FATHER

10 AIRPLANE BUSINESS JAY RICH JIM 2 SEAT PIPER CLUB FLYING SERVICE RESTAURANT SOLD AIRCRAFTS 12 AIRPLANES

11 SAILOR BUSINESS UMBRELLA BUSINESS TOYS BUSINESS ICE-CREAM BUSINESS WHOLESALE AND RETAIL BUSINESS RETAIL BUSINESS

12 NUTRILITE REHNBORG NEIL JAY RICH I DOUT THERE WOULD BE AN AMWAY TODAY IF EITHER ONE OF US HAD TRIED TO CREATE IT ALONE--- JAY

13 THREE RULES OF BUSINESS BELIEVE IN YOUR PRODUCT AND USE IT BE DETERMINED TO SUCCEED STAY PERSONALLY INVOLVED

14 SOAPS AND DETERGENT BUSINESS SELL SOMETHING THAT EVERYBODY NEEDS “Frisk” “Frisk” Liquid organic compound SA8 In 1960 50% interest Named it Amway manufacturing corporation

15 PLAN STARTS THE PLAN WAS DESIGNED TO MOVE THE SOAP PRODUCTS AND NUTRILITE PRODUCT THROUGH THE NETWORK OF DISTRIBUTOR TO RETAIL CUSTOMER. DISTRIBUTOR TO RETAIL CUSTOMER. IBO

16 SALES BONUS $100 $1500 $7500 $8500+ 3% 15% 25% DEALING DIRECTLY WITH AMWAY

17 RULES APPLIED

18 RETAIL SHOP RULES PRICE FIXING RULES ADVERTISING RULES CUSTOMER PROTECTION RULES

19 DESPITE OF PROBLEMS SALES IN CANADA AND UNITED STATES FROM $4 MILLION TO $100 MILLION 19631970 NEXT TARGET $250 MILLION

20 NEW MARKET NEW LEARNINGS AUSTRALIA UNITED KINGDOM 1973

21 1973 ONE TO ONE MARKETING EVERY PROBLEM COMES WITH A SOLUTION PYRAMID STRUCTURE

22 RULES AMWAY REQUIRES DISTRIBUTORS TO BUY BACK ANY UNUSUAL AND MARKETABLE PRODUCT FROM THEIR RECRUITS UPON REQUEST. AMWAY REQUIRES EACH DISTRIBUTORS TO SELL AT WHOLESALE OR RETAIL ATLEAT 70% OF ITS PURCHASES INVENTORY EACH MONTH “ THE 70% RULE”. AMWAY REQUIRES EACH SPONSORING DISTRIBUTOR TO MAKE ATLEAST ONE RETAIL SALE TO EACH OF THE 10 DIFFERENT CUSTMOR EACH MONTH “10 CUSTOMER RULE”. THIS MOVE WAS MARKED A MAJOR MILESTONE.IT HELPED COMPANYJUMP FROM A MULTI-MILLION DOLLAR BUSINESS TO A BILLION DOLLAR BUSINESS COMPANY.

23 DIAMONDRUBYEMERALDPEARL SILVER PRODUCER CROWN AMBASSADOR PIN LEVEL DEXTER SAYS IF IT’S A NEW CAR, I DRIVE THEM BY A CAR LOT IF IT’S A NEW HOME, I TAKE THEM TO A NEW HOUSING DEVELOPMENT ITS NOT ENOUGH TO THINK ABOUT IT –YOU HAVE TO TOUCH IT, SMELL IT,FEEL IT AND EXPERIENCING IT.

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25 PROCTER AND GAMBLE SATANIC LOGO LAWSUITS RUMOR 1983-1985 1995 RANDY HAUGEN 2008 CASE ENDS

26 THE BIGGEST MARKET EVER POPULATION -- 1 BILLION ECONOMIC GROWTH – 7% TO 14% 1992

27 If Hong Kong is a Pond, Taiwan is a lake, China is a Sea. Formed a new company name Amway Asia Pacific ltd In 1993 sold stock to the public. Distrust in the pyramid scheme

28 Investment $100 million Distributors around 80,000 Sales $180 million

29 Fraud Scams Corruption Manipulation Banned on direct selling

30 Shop plus salesman 189 shops156 cities Rank 41 Sales $12 billion

31 In 2010 Banned was removed and certain companies like Amway Mary kay cosmetics AvonHerbalife

32 PRODUCT LINE OF AMWAY Home care products Personal care products Jewelry, Electronics Nurtilite dietary supplement Water purifiers Air purifiers Artistry Insurance and cosmetics.

33 THANK YOU


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