Is Amway worth it?
Amway is a legit multi-level marketing company. With any such company that claims to enable individuals to build their own company and make money, there’s always a risk that this may just be a pyramid scheme. But due to Amway being well established and with a huge online presence, its accreditations, and A+ rating, we feel comfortable that it is completely legit.
Companies such as Amway are numerous, although Amway has been around for a long time. The company offers you the opportunity to become an Independent Business Owner (IBO) where you can sell their products to make a profit and build your income. But is there a catch? We have done a little digging to find out more and offer you an unbiased and honest opinion.
Amway company information
| Official Website: | https://www.amway.com |
| Headquarters Location: | Ada Township, Michigan, United States |
| Founded: | 1959 |
| Industry: | Multi-Level Marketing/Health, Beauty, Homecare |
| Ownership: | Doug DeVos |
| Contact: | 020 3684 2540, |
| Trust Score: | Medium |
| Social Media: | Instagram, Facebook, Twitter, YouTube |
What is Amway?
Amway is a well-established American multi-level marketing (MLM) company founded back in 1959. They sell health, beauty, and home care products, and people are also encouraged to sign up to sell the company’s products themselves and build their businesses. You can compare Amway to other MLMs like Herbalife and Nu Skin who operate similar models. It is individuals selling the company’s products and not stores.
MLMs, although controversial, are still completely legal and legitimate. However, there have been instances of people losing money when working as an independent seller for an MLM. The products sold on Amway and similar sites tend to be on the pricier side, so it would also be harder to sell on and make a profit if you wish to become an independent seller. However, it is still a completely legit way of making money. Although there is a cost involved in signing up as you have to purchase the products to sell on.
Is Amway legal and safe or a scam?
Amway is a completely legal site and is accessible in various countries in addition to the US-based website, such as the United Kingdom and China.
Upon accessing the US website, there is a secure padlock in the URL bar which is confirmation that the site is safe to use. When searching for Amway via a search engine such as Google, there is a green tick next to the website from McAfee web advisor with a site report to confirm the site is safe.
The site has a valid security certificate and the secure connection confirms that any sensitive data entered on the website, such as card details and passwords are kept private when sent to the website.
The website has an extensive privacy policy which is also broken down by countries, so it covers privacy policies for all areas around the world in which it operates. It details information on how data is collected, stored, and used and the customer’s rights around this.
Although there are a lot of other MLM websites out there, there don’t appear to be any fake sites purporting to be Amway. The company has websites around the world, so to ensure you are accessing the official US-based Amway website, use the official URL https://www.amway.com/ or you can access their global website at https://www.amwayglobal.com/ where you can select which location you are trying to access.
Is Amway reliable and trustworthy?
Overall, Amway’s website ratings are average, with some mixed reviews. On Trustpilot, it scores an overall trust score of 3.5 out of 5 stars but only based on 20 reviews. On the Consumer Affairs website, it scores an overall rating of 3.8 out of 5 stars from 134 ratings. On SiteJabber it is rated as 3.52 out of 5 stars from 21 reviews.
Amway has a satisfaction guarantee called AmwayPromise which states that as a customer you can buy with confidence with their satisfaction guarantee which enables customers to return any product, not to their satisfaction within 180 days of purchase for an exchange or refund of the product price, including tax.
Although Amway does have satisfied customers, there are also various reports of Amway being a scam through reviews and websites. Dirtyscam for instance has customers reporting a loss of earnings to Amway. It is also reported on Wikipedia that the company has been investigated regarding alleged Pyramid Scheme practices. However, most reports conclude that Amway is legit and not a scam.
Amway has an email form online and a customer service number, the operating hours are Monday to Friday 9 am to 11 pm (Eastern time) but they don’t operate weekend hours. They also have a screen sharing option where you can request a live meeting with one of their team.
The pros and cons of Amway
Pros:
- Well established
- Family owned
- Opportunity to become an independent seller
- Wide range of products
- 100% product satisfaction guarantee
Cons:
- Cost involved in becoming an independent seller
- High product cost
- Reports of scams and pyramid schemes
- Reports of dissatisfaction with products
How does Amway make money?
Amway makes money when their customers buy their products and when other people who are part of their organization sell their products. Amway is also able to sell their products at a significant markup, meaning that they make a good profit when selling them at retail price.
They also recruit others to join the business as a member and then these members either sell items directly for Amway or recruit others to do the same.
According to Forbes by the end of 2020, Amway had made revenue of $8.5Billion. It also made number 43 in Forbes’s largest American private companies in 2021.
Best Amway alternatives
Although a lot of companies such as Amway are often labeled as pyramid schemes, it is still a completely legit company that’s well established and sells genuine and trusted products. But if you’re looking for alternative sites to Amway, then check out this list of other similar sites:
FAQ
Can you make money with Amway?
There is the potential to make money through Amway by signing up with them as an Independent Business Owner, selling their products, and/or recruiting other members to the team.
How much does it cost to join Amway as an Independent Business Owner?
There is a membership fee of less than $100 involved in joining Amway as an independent owner, which is paid annually.
If I join Amway but want to leave, how do I do this and does it cost anything?
If you decide Amway isn’t for you then Amway will refund your money within 90 days of your registration. You can also choose to not renew your membership annually when it comes up for renewal.
Does Amway have an app, and is it any good?
Yes. There is an app available for the US version of Amway, but only on the Apple store. It has an overall positive rating of 4.8 out of 5 stars from 16.2k ratings.
Are Amway products good quality?
Amway claims its products go through rigorous testing to ensure their safety, durability, and effectiveness.
Why are Amway’s products so pricey?
The products Amway supplies are made to a high standard and also require rigorous testing which results in a slightly higher price than other competitors.