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Amway and other multi-level marketing schemes
Everyone loves India! Everyone drools over the huge market! But many Indians somehow miss the point. Anyway, I wanted to post something quick...this is about several multilevel marketing (MLM) schemes operating in India, the biggest and probably the most organized of all, being Amway. Despite the presence of internet and despite millions of Indians being knowlegeable about world affairs, there hasn't been enough attention about MLM's. Here are some stories that I found when someone tried to recruit me (yes, recruit) for Quixtar - Amway's spinoff company:
What's the way for Amway? Conflicting laws about direct selling cos
Hindu Business Line Jan 01, 2003
Amway comes under scanner of Drug Control authorities
Hindu Business Line Jan 06, 2004
Amway Finds It's Washed Over In a South Korean Soap Drama
By MICHAEL SCHUMAN, Staff Reporter of THE WALL STREET JOURNAL
Is Amway the only company to receive the United Nations Environment Programme Award
Here is a description from an Amway distributor as to how it works.
Multi-level marketing (a.k.a. network marketing & referral marketing
What's Wrong With Multi-Level Marketing?
Well, I just wanted to share some of these... I have been a induced into MLM myself and found that it didn't always work..At that time, I thought I was a poor salesman...that was years ago...
As with anything in life, it is best to do the research, but then use your own judgement.
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