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What is Amway? Click to expand for fast facts here!

Since 1959, the U.S. company based in Michigan has lowered barriers for Americans wanting to explore business ownership and earn a little extra income – while manufacturing popular health and wellbeing brands such as Nutrilite and Artistry. 

FOUR FAST FACTS:

 

THE PEOPLE: Today, nearly 290,000 Americans are participating in the Amway model as Independent Business Owners, supported by more than 3,300 U.S. employees. With Amway, aspiring entrepreneurs avoid the traditional high barriers to entry associated with starting a product line from scratch – because Amway provides the compensation plan, products, supply chains, personal online storefronts and education. Amway also provides a nationwide community of support – a new Independent Business Owner joins a community of business owners who sell directly to customers in their communities. Today’s typical Amway business owners are younger, and come from more diverse backgrounds and cultures, than you might expect.

POLITICO: A Model for Accessible Entrepreneurship 

Meet Amway’s leadership team here. 

 

THE PRODUCTS: Amway manufactures popular health and wellbeing products, including Nutrilite, XS Sports Nutrition, Artistry Skincare and 350+ more. Amway owns and operates 6,000+ acres of organic farmland to grow ingredients and employs nearly 800 innovation and science experts with a combined 200+ advanced degrees, working in more than 75 science and innovation labs to develop them. 70% of Amway products that are sold in the U.S. are produced at Amway’s U.S. manufacturing sites.

USA TODAY: Trust factor: How an American company pioneered product transparency 

Scientific Excellence at Amway (Innovation & Science | Amway Global) 

 

THE PROCESS: Owning an Amway business isn’t easy but it’s straightforward – you earn a commission from each Amway product you sell. Amway’s Independent Business Owners do not earn commissions, bonuses or any money whatsoever for simply recruiting new sellers. Once a business owner has built their Amway business, they may choose to expand their customer base by establishing a sales team. While business owners do not earn money by recruiting others, they do earn income and bonuses from Amway based on their team’s total product sales. Aspiring business owners can join Amway without a registration fee for their full first year – and Amway backs its products with a generous satisfaction guarantee for sellers and consumers, including a full refund of the product price and applicable tax for most products returned within six months.

INSIDER: A wellbeing company has been fostering trust among its sellers and customers for decades. Here’s what it looks like. 

 

THE POWER: Since 2016, Amway Independent Business Owners have generated nearly $350 million in U.S. tax revenue and the company has invested $300 million in U.S. manufacturing where Amway manufactures 70% of products sold in the U.S. using premium ingredients from around the word. Amway is planning a further $52 million investment in the next 3 years in manufacturing in Ada, Michigan. Every one of Amway’s 290,000+ Independent Business Owners who sell directly to consumers in their communities – and the 3,300+ U.S. employees who support them – are engines of the U.S. economy. 

FORTUNE: New data reveals an eagerness for entrepreneurship 

 

Amway National Factsheet

Get to know Amway – our core values, key facts and major achievements – in a nutshell.

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Learn about Amway’s economic impact across America

Amway IBOs are in every U.S. state, providing high quality health and wellbeing products to their customers, and participating in the U.S. economy via small business ownership.

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Find Amway’s 2023 Global Impact Report

The 2023 Amway Global Entrepreneurship Report (AGER), reveals comprehensive data on trends around starting a business. Started in 2013, the Amway-sponsored study is the world’s largest, longest-running global study on perceptions of entrepreneurship.

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