Investor · Wichita, KS · Member since 2017 · 133 posts · 41 votes
So I have this "friend"...
A buddy had invited me to an invitation only meeting. It was a very motivational gathering that left me wanting more. I like to consider myself a receptive type person but ------- this doesn't smell right.
Anyone have experience with this group? World Wide Dream Builders (WWDB)
China, ME · Member since 2014 · 3k+ posts · 4k+ votes
7y
@Dustin Burke Amway, Herbalife and their ilk absolutely are pyramid schemes.
They make a good chunk of their money by pitching a never ending stream of newbies who have not yet figured out the scam. That's how they stay in business - not by supplying needed goods at a competitive price.
Think about it - if you're selling something these days, there are dozens, if not hundreds of places you can buy online. So unless you're selling things that you can't get somewhere else, you're selling a commodity.
Example: Let's say you're the 15th guy representing a paper clip manufacturer and you're calling on Staples, trying to win their business.
What's unique about your company's paper clips? Nothing. All 15 competitors' paper clips look, feel and function the same. They all hold your papers together. They are a commodity.
How do people selling commodities compete? Price. It's a race to the bottom to see who can sell for the lowest price.
What does Amway need to pay people several layers deep? High sales prices. That money has to come from somewhere!
See the mismatch there? Amway might have branded products, but they're not unique. You'll be selling a commodity - and, by the way, you'll be competing with Amazon too.
On top of all that, if you really plan to sell for Amway, you'll have to pitch everybody who knows your name. "Buy my stuff! Become an "Amway entrepreneur!"
You'll be the guy that everybody hates to see walking toward them. Family and friends will avoid you like you're radioactive.
Buy hey, maybe you don't want all those friends anyway!
Specialist · Lawrenceville, GA · Member since 2013 · 2 posts · 0 votes
7y
@Daniel Kong Do you mind sending me the spreadsheet? I know it's simple to duplicate but I'd like to use it as a starting point. I want to show a comparison taking into account the concentrations and the ingredients in the products so as to use actual comparable products for pricing. The claim with Amway products is they are more concentrated, allowing for more use, and have safer ingredients. If even after taking that into consideration and the cost savings are not there, then it is reasonable to conclude that it's a greater drain in finances; the opposite of what it claims is the case as an independent business owner purchasing for yourself at "wholesale" prices.
Why would you not want to buy something that you already buy from a friend or family member so that they get commission from it rather than Amazon or Walmart? Plus it's a business opportunity for everyone to make money instead of only corporations. It's funny that you never think Verizon or Walmart or Amazon are scams even though they make money off of you in addition to the cost of the product.
It will be whatever you make of it. It can be an easy opportunity for freedom and to build wealth, or it can be a "scam" and hard work and you can get nothing out of it, just like everything else.
As someone who has 10 years of WWDB knowledge... I can say from the bottom of my heart it should be avoided at all costs. Even if you think WWDB will be your salvation.... I wish I knew how to stop WWDB NOW.
And no- I am not angry because I didn't get rich off Amway or whatever. I just know the truth.
EMail me in anyway I can help. I didn't get rich off my friends and family by peddling crappy cult-vitamins. Yes, I happen to own my house free aaaand clear and have money in the bank (no thanks to WWDB), but I have NOTHING to sell, no Kate to signup. BTW money doesn't buy happiness-- financial security is o.k. though. 100% of my advise is actually free LOL. Just tired of people I love sucked into this nonsense (to put it politely)
I see a lot of ignorance on display here, sorry it's true. If anyone wants to get the real story about network marketing, or Amway ( I left for another servicing company, but for business reasons ), or what is happening in the world of consumer networking just contact me.