MLM Expert, Len Clements On The Amway Global Compensation Plan
Posted on 19. May, 2009 by Ty Tribble in Amway, BWW - Britt World Wide, Evaluating MLM, Larry Winters - Leadership Development Team, MLM Myths, Monavie, Network Marketing - MLM, Quixtar, WWDB - World Wide Group
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By Ty Tribble, MLM Blog Founder
I was listening to a recent podcast from MLM Expert, Len Clements and he said something about the Amway compensation plan that I found very interesting. Mr. Clements is a court certified expert in MLM/Network Marketing and founder of Market Wave Inc, in case you were wondering about his credentials.
So here is a quote from Mr. Clements about the Amway Compensation Plan:
Hmmm. That sounds really familiar. Oh yeah, that's what I have been saying about the Amway/Quixtar plan for years. Here is a link to the podcast where Len makes the statement. The podcast is one hour and forty minutes long and the quote is near the end .
Back to Amway Global...
Amway is an $8 Billion company, but my guess is that only 10% (roughly $800 Million) of that volume comes from the U.S., down from an estimated $2 to $3 Billion in the 90's.
Is Amway Global a good business opportunity in the U.S.?
Let's answer that with a couple of questions...
1. Can you name a Network Marketing company that has a worse reputation than Amway/Quixtar?
2. Can you name a company that has a worse dollar to volume ratio than Amway/Quixtar? In other words, how much does it cost you to do your 100 points?
Amway Global has a Stairstep Breakaway Plan (not a Unilevel Plan like some folks at MonaVie claim). The Stairstep Breakaway plan is typically considered as a plan that is disproportionately weighted towards the back end. In general, top earners typically (not always) do fairly well and the mid to low ranks suffer.
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3 Responses to “MLM Expert, Len Clements On The Amway Global Compensation Plan”
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johnny vinson
19. May, 2009
at the amway meeting they always push the hotel meeting's tapes, cd's, book's and bbs meeting's that how the king pins make there money. and they tell you that's the only way you can go diamond in the business.
Steven Saliba
21. Sep, 2009
There are so many people out there that say all networking marketing companies are scams and that the people at the top only make money. The mlm industry has created more millionaires than any other industry.
Mehak Naheem
10. Nov, 2009
I agree with Steven, this industry has created many millions for people worldwide. It’s unfortunate that due to certain individuals the industry is given a bad name. However if someone is determined to succeed they will carry out their research to see for themselves.