Amway Short Description

Amway is come from original name of America Way which are built by Rich Devos and Jay Van Andel in 1959. The company is base on Ada Michigan, United States. Today it Amway got it own manufacturing facility that is 3.5 million square feet plant which manufacture it own product and distributed it using Multilevel marketing or MLM by the network of more that 3 million distributor in more that 80 territories or countries around the world. Today Amway got a manufacturing plant in Thailand,Korea,China,India and Vietnam. The company recorded the most growing pace on 1990 to 1997 which the revenue increase from US1 billion to US7 billion which 2/3 sales is coming outside from America which mostly coming from Asia.

Amway which are one of the largest MLM company and the pioneer in MLM, selling it own product which can divided in 5 categories which namely as a Home Care,Personal Care,Nutrition & Wellness,Health & Fitness and Home Tech all categories is in Product Catalog. Beside selling own product it also sells other company product in the Shopping Catalog. Some of the Amway that very popular in the market is Nutrilite supplement and Artistry cosmetic.

n 1997, Amway using a new concept, which are online concept to distributor it product by the distributor. The new company is set up that is calling Quixtar because of this new concept and not long after that the Alticor company is set up. Alticor is a holding company of Amway Corporation.

Today Amway is able to made sales of 8.4 billion for 2009 data and this company just celebrate the 50th anniversary in Ada,Michigan.
While in 2010, Amway is co operation with the Apple company to develop Amway application to using in the Iphone which the distributor in American currentlly available now to managed their business and also able to helping their to get more sales with this application.

Even, the economy downturn in the whole world in last year but Amway managed able to made profit,while most of the company is in loss or the sales is decrease. This is clear that showing that MLM or network marketing especially Amway can weathered the storm or other world Amway is a recession proof company.

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