I have been in an interesting discussion lately with a handful of Amway/Quixtar IBO's. God bless them, they have true belief in what they are doing. These folks believe that they have their hands on the best business opportunity in the world.
But, the facts tell a completely different story. The facts say that the company is simply not growing and show 8 years of hovering around the same volume. Admittedly, the volume is huge (around $1 Billion), but the lack of growth is no less staggering.
Meanwhile, the Direct Sales industry has virtually doubled in volume from 1996 to 2006, from $15 Billion to over $30 Billion.
I usually point to three factors that hurt Quixtar...
1. Reputation
2. Compensation
3. Product Pricing (this also includes points to dollar ratio)
The combination of those three factors will continue to make Quixtar a tough sell.
I should also point out that Quixtar is transitioning back to the Amway name in the near future, adding to the difficulty.
Let's not forget the fact I pointed out to you there's been 19% growth over the last 5 years, exceeding inflation, and nearly 100 new Diamonds and even more qualifying at new high levels.
All of this despite dozens of top distributors kicked out of the company in the same time.
Posted by: ibofightback | February 20, 2008 5:09 PM | Permalink to Comment