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Amway business plan
- 2. UNIQUE BUSINESS OPPORTUNITY We have to Check following details Company Profile Products and Services Profit & Loss
- 3. Company Profile of Amway 54 Years Old Company Working in 108 Countries. 70000 Crores Total Turnover Globally (Appx. 12Billion $) Having Assets of 4 Lac Crores Already distributed Appx. 40 Billion $ as Commissions It has 65 Laboratories for R&D It has more than 700 Scientists More than 450 products 1000 International Patents and 900 already in process. Debt Free Company Chemical Free, Organics and Bio Degradable Products WHO given EEE award (Effective, Economical per use and Eco friendly) UNO given 11 awards for Environment Safety 5A+ Rating (Microsoft, Amway & some more Companies- Rating by Dun & Bradstreet) ICICI Bank/US Govt./RBI/Reliance etc. having AAA ratings It comes under world’s 500 Fortune Companies and it has tie ups with 150 companies who comes under these 500 fortune companies.
- 4. S.No. Particulars 1998 2013 1 Product Categories 2 5 2 Product Range 6 150+ 3 Offices across the India 5 135 4 Turnover 100 Crores 2500 Crores As per the survey of Boston Consultancy by 2020 Amway India will cross the turnover of 20000 Crores Established its new manufacturing plants in India worth more than Rs.580 Crores in this year
- 5. Nutrilite (Health & Wellness Products ) Foods Supplements 80 Years Old Brand HOME CARE L.O.C. SA8 Dish Drop Car Wash Glass Cleaner Many more PERSONAL CARE Tooth Paste Shaving Products Soap Deodorant, Shampoo, Hair Cream/Oil Etc. SKIN CARE ARTISTRY Super Premium Range Comes Under Top 5 Brands of the world ATTITUDE Premium Range INSURANCE Life Insur. With Max Life Car Medical With Royal Sundram
- 6. Work Part time 2/3Hrs/Per Day for 6 to 18 Months & can earn 60-90K Per Month Work Part time 2/3Hrs/Per Day for 2 to 5 Years & can earn 1.5 to 5 Lacs Per Month As we grow further in business, potential is unlimited.
- 8. Office AMWAY BUSINESS JOB/BUSINESS (2 to 5 Years Part Time Plan) (60 Year Full Time Plan) 1. Quality Money Active Income * Permanent * Unlimited * Ongoing * Growing * Passive Income 2. Quality Time X 3. Good Health X 4. Future Family Financial Security X 5. Name Fame Recognition X 6. Free Foreign Tours X 7. Peace of Mind X Time = Money TimeX2 = Money X 2 Time=Money 1 Degree 1 Brain 2 Hands 24 Hours 3% Getting royalty Income Like Singer, Authors & Scientists But 97% getting Active Income (Time=Money) Train Blast Mumbai: Onkar Nath Mishra CA
- 10. Active Income = Rate(Skills) X Time Is your income dependent on : • Ability to Perform • Time you put in
- 11. Franchiser Franchisee Franchisee Franchise e Fran chis ee Fra nc his ee Fra nc his ee Fra nc his ee 4% 4% 4% 4% <- --------------------------25000 Franchisees ---------------------> Rs.1000/day X 25000 Outlets = Rs.2.5 Crores/Day 10 Hrs/Day X 25000 Outlets = 250000 Hrs/Day There are 2 constraints in traditional franchising model : 1. High Investment 2. Franchiser have the combination of Time, Money & Security but Franchisee don’t have the same. How Passive Income is Created
- 12. E Employee i investor S Self Employed B Business Owner A. Appx. 95% people of the world working here but they have Appx. 5% Money B. Active Income C. Hard Work D. Why 95% people have 5% money because they focus on rate (8HrsX30DaysX40Years =Appx.1,00,000 Hrs) A. Appx. 5% people of the world working here and they have Appx. 95% Money B. Passive Income C. Smart Work D. Why 5% people have 95% money because they know to compound the time.
- 15. Manufacturer Customer Advertise ment Distrib utor Whole Seller Retailer 60% Going for Transportation and Promotion In above system middle man makes money while customer pays Cost 40% 100% 1. Home Delivery 2. 15-20% Retail Discount 3. World’s No. 1 Products 4. Money Back Guarantee (with in 30 days with 30% of use) 5. Business Partnership in 60% Money. Two Major things to do 1. Transportation Home delivery will be managed by Amway 2. Promotion Mouth publicity by customers
- 16. A) 15-20% Retail Margins B) 6-21% Performance Bonus on monthly basis C) 4% Leadership Bonus (Royalty Income) D) 15% Technical Bonus
- 17. Business Volume (BV) Point Value(PV) Percentage Level Income (Appx. Minimum)Turnover 1000000 10000 21% 72000 700000 7000 18% 48000 400000 4000 15% 24000 200000 2000 12% 12000 100000 1000 9% 6000 30000 300 6% 1800 Note : 1 Point Value (PV) = Rs.100/-
- 18. Successful Team Support YOU & YOUR FAMILY Time Compounding Money Compounding Appx. Income 1X2=2/2 Hrs 1X10000=10000 (100 PV) Retail Margins of appx. 1740 10X2=20/2 Hrs 10X10000=100000(1000 PV) Income 6000 to 9000 100X2=200/2Hrs 100X10000=1000000 (10,000 PV) Income 70000 to 100000 Business Volume (BV) Point Value(PV) Percentag e Level Income (Appx. Minimum)Turnover 1000000 10000 21% 72000 700000 7000 18% 48000 400000 4000 15% 24000 200000 2000 12% 12000 100000 1000 9% 6000 30000 300 6% 1300
- 19. 21% Level, 10000PV, 1000000/-Business Mr.B & Family YOU & YOUR FAMILY 21% Level, 10000PV, 1000000/- Business Mr.A & Family 21% Level, 10000PV, 1000000/-Business 4% Leadership Bonus (Royalty Income) will come to you 21% Level, 10000PV, 1000000/-Business Mr.C & Family All are on 21% Level (10000 PV, 1000000/- Business) Leadership Bonus/Royalty Income 4% Leadership Bonus (Royalty Income) will come to youEmerald (2-3) Lacs PM Avg. IncomeDiamond (4-5) Lacs PM Avg. Income 4% Leadership Bonus (Royalty Income) will come to you
- 20. Required Details of Applicant and Co-applicant: Name …………………………………………………… Date Of Birth…………………………………………… Pan No. ………………………………………………… Address ………………………………………………… Phone No………………………………………………… Email ID ………………………………………………… Cancelled Cheque ……………………………………
- 21. Offer-1:- Buy products worth 50PV in a single invoice within 30 days of joining & get Nutrilite Protein Powder - 200g at Re1 only. Offer-2:- Buy products worth 50PV in a single invoice within 60 days & get SA8 (500ml) + LOC (1ltr) at Re 2 only. Offer-3:- Step Up offer- Qualify new 9% with 100 PPV in a single invoice within 120 days of joining & get Rs. 1000/- Discount.