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  1. #1
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    Amway Reports Sales Down 12%

    http://mlmonline.in/amway-reports-20...#ixzz3zEGXtRkj

    Amway today announced sales of $9.5 billion USD for the year ending Dec. 31, 2015, a decline of 12 percent when compared to 2014 figures.




    :blunt:
    Originally Posted by nomaxim
    Sorry there ''ohein56', but it appears that 'Joecool44' does not have the position that you envision on this topic.

    'Joecool44' has, as a matter of routine, refuted most of your accusations
    Quote Originally Posted by Jax74 View Post
    Some people have the ability to think critically, some do not. ohein obviously doesn't.

  2. #2
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    Re: Amway Reports Sales Down 12%

    Quote Originally Posted by Joecool44 View Post
    Fantastic news!
    Cat Police - SF

  3. #3
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    Re: Amway Reports Sales Down 12%

    Bump....

  4. #4
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    Re: Amway Reports Sales Down 12%

    Quote Originally Posted by Joecool44 View Post
    If distributors rely on geometric expansion of sales revenue in order to grow their businesses. The exact opposite of this is occurring with Amway. The average distributor income has also dropped, so clearly distributors are worse off than they were last year. Not what you want to see in a "direct sales" biz-op.
    MLM's Mission Statement:

    "The primary product is opportunity. The strongest, most powerful motivational force today is false hope."

    "Almost everyone is not going to learn the skills and use them consistently over time, you would be better off joining Costco" -Dank111

  5. #5
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    Re: Amway Reports Sales Down 12%

    So, Amway's revenue fell almost 8% from $11.7B to $10.8B in 2014, and from $10.8B to $9.5B in 2015. That's a total drop of more than 18% from their record in 2013! ($11.7B x .82 = $9.59B) The currency exchange disparity excuse isn't going to cut it this time, lol. It must suck to not have any more sizable emerging markets to exploit when your other markets are reaching saturation and you need fresh marks to keep the pyramid going. Amway's infected most of the civilized world by this point, so there's not many untapped markets left to swindle.

    http://globalnews.amway.com/pressroo...llion-for-2014

    http://www.thetruthaboutamway.com/
    MLM's Mission Statement:

    "The primary product is opportunity. The strongest, most powerful motivational force today is false hope."

    "Almost everyone is not going to learn the skills and use them consistently over time, you would be better off joining Costco" -Dank111

  6. #6
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    Re: Amway Reports Sales Down 12%

    Actually, outside of the USA, India and China should be two of Amway's largest markets.It looks like India's and China'scurrencies have compared favorably to the USD, certainly much more favorable than Amway's 19% loss over the past two years. The currency exchange defense for Amway's loss is invalid:

    https://en.wikipedia.org/wiki/Indian...e_rate_history

    http://www.tradingeconomics.com/china/currency
    MLM's Mission Statement:

    "The primary product is opportunity. The strongest, most powerful motivational force today is false hope."

    "Almost everyone is not going to learn the skills and use them consistently over time, you would be better off joining Costco" -Dank111

  7. #7
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    Re: Amway Reports Sales Down 12%

    According to this 2013 posting (I can't find anything more recent), China holds more than 40% of Amway's total revenue. The Yuan is stronger now than it was in 2013, and was at least as strong in 2015 as it was in 2013.

    The CNY was stronger than the USD from 2014 to 2015, so the 20% drop in revenue would have to be explained away by a 40% or more strengthening of the USD vs the remaining markets. Amway's sales are down, plain and simple.
    MLM's Mission Statement:

    "The primary product is opportunity. The strongest, most powerful motivational force today is false hope."

    "Almost everyone is not going to learn the skills and use them consistently over time, you would be better off joining Costco" -Dank111

  8. #8
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    Re: Amway Reports Sales Down 12%

    http://www.xe.com/currencycharts/?fr...to=CNY&view=5Y

    Link for the last post, no option to edit
    MLM's Mission Statement:

    "The primary product is opportunity. The strongest, most powerful motivational force today is false hope."

    "Almost everyone is not going to learn the skills and use them consistently over time, you would be better off joining Costco" -Dank111

  9. #9
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    Re: Amway Reports Sales Down 12%

    2014's loss is explained as a currency issue, and slower sales in China. Since China represents 40% of Amway revenue, I'm going to say that it's mostly the sales issue in China that is to blame. I don't know of any currencies on Amway's list that could have fluctuated enough to cause most of an 18% decline in two years for Amway.
    MLM's Mission Statement:

    "The primary product is opportunity. The strongest, most powerful motivational force today is false hope."

    "Almost everyone is not going to learn the skills and use them consistently over time, you would be better off joining Costco" -Dank111

  10. #10
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    Re: Amway Reports Sales Down 12%

    Sorry, no edit function, I need to make another post:

    Chris Doyle has started threads on this forum about how MLM is recession proof, and how Amway is the longest existing MLM. If anything, a suffering economy should actually help MLM revenue rather than hurt it, no? Down economies in Amway's foreign territories should, if anything, do better than normal, according to Chris Doyle. He's told us how in down economies people will look for another source of income, and MLM fills that role. How is MLM buiness not booming in China right now?
    MLM's Mission Statement:

    "The primary product is opportunity. The strongest, most powerful motivational force today is false hope."

    "Almost everyone is not going to learn the skills and use them consistently over time, you would be better off joining Costco" -Dank111

  11. #11
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    Re: Amway Reports Sales Down 12%

    Chris Doyle is an established liar. Even in Amway's "good" years, it was floated by sales in China where people are not as aware of the scam.

    In the US, Amway's most established market, it looks like saturation has taken place.
    Originally Posted by nomaxim
    Sorry there ''ohein56', but it appears that 'Joecool44' does not have the position that you envision on this topic.

    'Joecool44' has, as a matter of routine, refuted most of your accusations
    Quote Originally Posted by Jax74 View Post
    Some people have the ability to think critically, some do not. ohein obviously doesn't.

  12. #12
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    Re: Amway Reports Sales Down 12%

    Amway has today announced 2014 global revenue of $10.8 billion – a $1 billion drop from it’s 2013 record sales of $11.8 billion. The company says the drop is a result of a combination of a drop in sales in key markets, as well as currency fluctuations.
    Given the instability in key markets like Ukraine, Russia, and Thailand as well as some regulatory challenges in India, I thought a drop in sales was likely. I am surprised by the size of it, I’ll post some thoughts and analysis later today.

  13. #13
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    Re: Amway Reports Sales Down 12%

    Amway sales were down for 2015 also.
    Originally Posted by nomaxim
    Sorry there ''ohein56', but it appears that 'Joecool44' does not have the position that you envision on this topic.

    'Joecool44' has, as a matter of routine, refuted most of your accusations
    Quote Originally Posted by Jax74 View Post
    Some people have the ability to think critically, some do not. ohein obviously doesn't.

  14. #14
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    Re: Amway Reports Sales Down 12%

    bump







    .
    Originally Posted by nomaxim
    Sorry there ''ohein56', but it appears that 'Joecool44' does not have the position that you envision on this topic.

    'Joecool44' has, as a matter of routine, refuted most of your accusations
    Quote Originally Posted by Jax74 View Post
    Some people have the ability to think critically, some do not. ohein obviously doesn't.

  15. #15
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    Re: Amway Reports Sales Down 12%

    Net profits still evading 99% of the distributorship. Meanwhile, revenue and average distributor income is declining in a company that is supposed to enable its distributors to profit by growing with geometric expansion. If an MLM is not growing its revenue, then how are the distributors supposed to grow theirs? Once again, many lose money so that a handful may profit handsomely.
    MLM's Mission Statement:

    "The primary product is opportunity. The strongest, most powerful motivational force today is false hope."

    "Almost everyone is not going to learn the skills and use them consistently over time, you would be better off joining Costco" -Dank111

  16. #16
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    Re: Amway Reports Sales Down 12%

    Hello Scam Friends. :
    Cat Police - SF

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