Dec 05
Amway, which is now Alticor (and will be Amway again at the end of 2009) was listed as the 44th largest privately held company in America.
Based in Ada, Michigan, Amway employees 13,000 people, has 3 million distributors, and sells over 450 products through the Amway and subsidiary brands including Quixtar, Alticor, and Access Business Group.
They ended 2007 with $7.1 Billion dollars in revenue. They were sandwiched between Menards (#43) and Sinclair Oil (#45).
December 5th, 2008 at 9:53 pm
From my understanding Amway is an all cash company too. I don’t sell Amway but I have bought some of their products and they work very well. If you want to be a great company provide great products.
December 8th, 2008 at 6:34 am
I had NO idea that they were that large! I also did not know that Menards, where I shop once in a while and only heard of within the past year, was that large. Very interesting! Thanks!
December 9th, 2008 at 1:56 am
Really good idea to start our own business and start making money. I like this business.
December 10th, 2008 at 2:49 am
Good information on Amway…never knew they were this large …
December 17th, 2008 at 2:55 am
Initially my friend also earned more income from Amway products in India. Really the products from Amway are very well in quality and i am also using more products from Amway. Currently my friend is in a high level office position in Amway in marketing level.I am also trying with him but late.
December 17th, 2008 at 3:13 pm
My cousin was a distributor for Amway. They’re vitamin products are actually pretty good.
March 31st, 2009 at 5:01 am
I am an ABO and use Amway Products myself. The products are really good.
April 13th, 2009 at 6:23 am
Holy cow! Menards is huge!
How can a company that is intuitively associated with “scam” be so large – must be doing something right!
June 11th, 2009 at 2:19 am
My brother is a amway distributor and have earned enough, Apart from money he got enough satisfaction comments from his customers. Already promoted to more than 15 customers.Joined just 3 months before. Great going isn’t it.:)
July 14th, 2009 at 5:04 am
The only aspect of Amway that is bothering is, their fundamental business model being based on a pyramid like scheme
April 21st, 2010 at 11:19 pm
I know Amway it is good Product manufacturer and distributor across the world. As per my Knowledge the products are very effective and high in quality.
April 27th, 2010 at 2:05 am
Hmm! It is a good and strong company. I know all about its product. I am using and I am also the distributer of this company. Amway has AAAAA+ rating in stock market.
May 7th, 2010 at 12:24 pm
Response to zkart: The only REAL pyramids are jobs. I can, and do, make more money in Amway than the person who sponsored me. Yes, depending on your definition, it’s still MLM, but pyramid suggests you can’t get higher in the company than your leaders. There are MANY, MANY distributors that make more than their leaders.
May 20th, 2010 at 10:00 am
My friend sells AMWAY goods. He sometimes forces me to buy any item. I did not understand that time. later I came to know it was one of the high commission paying company it seems. Really it is not AMWAY it is MONEYWAY.!!!!!!!!!!!!
May 30th, 2010 at 7:45 am
I cant believe that amway is so huge. My mom sells amway and makes a little side money. I might need to start selling amway…
June 28th, 2010 at 1:11 pm
In response to zkart, Amway is not a pyramid scam. In a pyramid setup, you cannot make more money than the people above you. That is not true when you are an Independent Business Owner (IBO) through Amway. You don’t make money just by signing people up. If the individuals you sponsor don’t do any work, you don’t profit in anyway from them. You can surpass your “up-line” in profit quite easily if you are willing to do the work. It is all based on free enterprise. It is a fabulous system and you should really look into the company. If you buy products, you have 180 days to return them for any reason. Amway has gotten a bad reputation from people that have chosen not to do the work. It isn’t magic money, and it is no where close to a scam. They have several partner stores such as Best Buy, PETCO, Office Depot, Dick’s Sporting Goods and Bass Pro Shop, just to name a few. If you think that their lawyers haven’t turned everything inside out before deciding to partner with Amway, than you have got to be crazy. I hope this changes your opinion a bit!
August 11th, 2010 at 3:27 am
Amway sure has a good business going on and thriving …its been over 6 years since I’ve heard about these products and though prodcts are good , find them expensive especially in context of the Indian market