Amway is a large manufacturer, and the products with profit it manufactures itself. While there are products available from Amway that it does not manufacture, their "wholesale" price and the retail price is the same, they're not designed for ABOs to resell, but just for their personal convenience. ---- Then why are these products offered to non-IBO customers?
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Rasmus
Philosopher
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Why would they be offered at all?
Some products become cheaper as you get increasing volume discounts though, so the same product may be good value for one IBO and not another. ---- The problem is the LCKs don't promote the products by having IBOs consider the volume discounts, they promote them based on the ENTIRE bonus, which has lead to Amway getting lazy with their pricing, which appears to be getting turned around. Unfortunately, this is the second biggest issue, the biggest one is the tool scam.
To make money. That's why businesses exist.
Rasmus
Philosopher
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Yes, but they seem to restrict who they are selling it to, or am i missing something here?
cyborg
deus ex machina
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I don't - but then I don't know that it does. You'll have to list the etc...
If you're gonig to mention the difference between gross and net profit I would expect a mention of tax since that is the difference.
Yes they do. They then add value by taking stuff that would be difficult for a consumer to get otherwise and place it somewhere where it is easy to get at.
A consumer would not get a "profit" if he bought the same item at Target that was more expensive at Walmart.
If he bought it at Target and sold it at Walmart that's a different story - he'd have just arb'd Walmart to gain a profit.
I don't really care what level it's at - the words mean what the words mean.
As to the 1$/8$ "rebate" thing that would not change the nature of the thing.
Essentially you have different teirs at which things are priced differently dependending on which teir you belong to. The coupon is just a way of expressing that pricing mechanism and the MLM structure a way of deciding who is in what teir.
If you mean they restrict selling to only those who work THROUGH IBOs, you're right. They haven't gone around the IBOs like Avon has done. This is a good thing.
cyborg, it would take a while to list every factor. You may have a sensitive ego, such that when someone says no you feel bad and quit. You may be told it's a scam, believe them, and quit. The "etc." list is quite long, and as complex as the human condition.
Taxes are included in getting to net profit, but a much larger impact is the tool scam. I won't be taken off the MAJOR issue in order to address minor issues. I already agreed with you, so what's the issue with taxes?
Yes they do. They then add value by taking stuff that would be difficult for a consumer to get otherwise and place it somewhere where it is easy to get at. ---- Wow, sounds just like Amway!
A consumer would not get a "profit" if he bought the same item at Target that was more expensive at Walmart. ---- As I said above, call it a tomato. It's the same amount of money.
If he bought it at Target and sold it at Walmart that's a different story - he'd have just arb'd Walmart to gain a profit. ---- Call this one a tomatoe.
I don't really care what level it's at - the words mean what the words mean. ---- Profit, rebate, tomato, same number of dollars.
As to the 1$/8$ "rebate" thing that would not change the nature of the thing. ---- It does make it unique, compared to a normal coupon, and should be considered as being different. You can decide it's still a rebate, but you have to admit it is more money.
Essentially you have different teirs at which things are priced differently dependending on which teir you belong to. The coupon is just a way of expressing that pricing mechanism and the MLM structure a way of deciding who is in what teir. ---- It's spelled "tier". You're right, and you can call it profit or rebate or tomato, but it's the same number of dollars. Assuming an organization with width, it is also a very minor component of your overall profit, and frankly not worth the number of words we've expressed about it.
Taxes are included in getting to net profit, but a much larger impact is the tool scam. I won't be taken off the MAJOR issue in order to address minor issues. I already agreed with you, so what's the issue with taxes?
Yes they do. They then add value by taking stuff that would be difficult for a consumer to get otherwise and place it somewhere where it is easy to get at. ---- Wow, sounds just like Amway!
A consumer would not get a "profit" if he bought the same item at Target that was more expensive at Walmart. ---- As I said above, call it a tomato. It's the same amount of money.
If he bought it at Target and sold it at Walmart that's a different story - he'd have just arb'd Walmart to gain a profit. ---- Call this one a tomatoe.
I don't really care what level it's at - the words mean what the words mean. ---- Profit, rebate, tomato, same number of dollars.
As to the 1$/8$ "rebate" thing that would not change the nature of the thing. ---- It does make it unique, compared to a normal coupon, and should be considered as being different. You can decide it's still a rebate, but you have to admit it is more money.
Essentially you have different teirs at which things are priced differently dependending on which teir you belong to. The coupon is just a way of expressing that pricing mechanism and the MLM structure a way of deciding who is in what teir. ---- It's spelled "tier". You're right, and you can call it profit or rebate or tomato, but it's the same number of dollars. Assuming an organization with width, it is also a very minor component of your overall profit, and frankly not worth the number of words we've expressed about it.
cyborg
deus ex machina
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So there are no externalities whatsoever?
The issue is terminology and its correct use.
Yes - it sounds like the retail part. It sounds nothing like the MLM part.
2$ = 2$. Saving 2$ is not making 2$. There is a difference.
I agree that it is a larger number. We disagree on what this actually means.
Thanks for the spelling correction.
Tomato does not have an 'e' in it.
The quote feature is activated by using a '[' and 'quote' and ']' and terminated by '[/' and 'quote' and ']'.
What do you mean by externalities? I gave two examples of someone else's reaction, aren't both of these externalities? I already said the list is extensive. Perhaps you think the prices are too high, because you don't take the quality or concentration factor into account. How's that one? I don't buy all of the products, some don't have the value (price/quality combination), but someone else would value the the quality of a particular product more than me.
The issue is the tool scam, everything else is secondary.
Actually, there are multiple levels of getting most products to the market, so there are more similarities than differences.
It means you have more money in your pocket. $2 (the dollar sign is almost always in front, you should know that, working at an investment bank that obviously doesn't make any profit, since you don't manufacture anything! LOL) minus $2 equals $0. I don't see any difference. Remember, a penny saved is a penny earned. The difference is you exchange some of your money for a product or service. I think you're getting twisted around the axle on this one, the real issue is the tool scam.
I know tomato doesn't have an "e" in it, that's why I said "Call this one a tomatoe.", right after I spelled it correctly, above. I don't care how you spell it or what word you use, the bottom line is the number is the SAME NUMBER, and becomes a negligible number as an IBO's business grows.
I don't care about the quote function, you aren't worth the extra effort.
The issue is the tool scam, everything else is secondary.
Actually, there are multiple levels of getting most products to the market, so there are more similarities than differences.
It means you have more money in your pocket. $2 (the dollar sign is almost always in front, you should know that, working at an investment bank that obviously doesn't make any profit, since you don't manufacture anything! LOL) minus $2 equals $0. I don't see any difference. Remember, a penny saved is a penny earned. The difference is you exchange some of your money for a product or service. I think you're getting twisted around the axle on this one, the real issue is the tool scam.
I know tomato doesn't have an "e" in it, that's why I said "Call this one a tomatoe.", right after I spelled it correctly, above. I don't care how you spell it or what word you use, the bottom line is the number is the SAME NUMBER, and becomes a negligible number as an IBO's business grows.
I don't care about the quote function, you aren't worth the extra effort.
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cyborg
deus ex machina
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You said "someone says no you feel bad and quit," not, "there is no market for what you are selling so no-one will ever say yes".
Or the market just doesn't think that it's worth what you think it does.
No, it means you have less money in your pocket and an asset. Money is money. Assets are assets.
That is not really relevant.
That doesn't make any sense. I'm not entirely sure what you're trying to prove when you talk about irrelevancies like typos et al.
That doesn't parse.
Who is worth the extra effort?
If an ABO buys some of these products for their "personal convenience" do the tiers up-stream from them profit by it?
Steve
You said "someone says no you feel bad and quit," not, "there is no market for what you are selling so no-one will ever say yes". ---- Why would I say that? I KNOW there is a market, because I have customers. That doesn't mean EVERYONE will say yes, but that's not the point.
Or the market just doesn't think that it's worth what you think it does. ---- Ditto.
No, it means you have less money in your pocket and an asset. Money is money. Assets are assets. ---- Now you're starting to parse my answers. I also said, "The difference is you exchange some of your money for a product or service."
No, your opinion isn't relevant, because you don't have a clue what you're talking about. LOL
That doesn't make any sense. I'm not entirely sure what you're trying to prove when you talk about irrelevancies like typos et al. ---- I was simply turning the tables on YOU, by including something that isn't important, such as whether you call an escalating rebate a rebate or profit, when it's the same number of dollars and becomes insigificant as an IBO's business grows. ZOOM! Right over your head. LOL
That doesn't parse. - It "parses" just fine, it is YOU who don't understand the business model. LOL
Who is worth the extra effort? ---- Anyone who either understands the facts or is willing to learn and apply them.
Or the market just doesn't think that it's worth what you think it does. ---- Ditto.
No, it means you have less money in your pocket and an asset. Money is money. Assets are assets. ---- Now you're starting to parse my answers. I also said, "The difference is you exchange some of your money for a product or service."
No, your opinion isn't relevant, because you don't have a clue what you're talking about. LOL
That doesn't make any sense. I'm not entirely sure what you're trying to prove when you talk about irrelevancies like typos et al. ---- I was simply turning the tables on YOU, by including something that isn't important, such as whether you call an escalating rebate a rebate or profit, when it's the same number of dollars and becomes insigificant as an IBO's business grows. ZOOM! Right over your head. LOL
That doesn't parse. - It "parses" just fine, it is YOU who don't understand the business model. LOL
Who is worth the extra effort? ---- Anyone who either understands the facts or is willing to learn and apply them.
NobbyNobbs
Gazerbeam's Protege
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This really shouldn't be this difficult.
Profit=having more money than you started with
Rebate=spending less on a product than you normally would
There's a huge distinction.
cyborg
deus ex machina
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Well it is the point actually if one is going to decide whether it's worthwhile trying to build the MLM.
Yes you do. This is not a profit. It can only become a profit once the asset is realised.
If all I'm ever doing is buying cheap stuff I'm not making a profit no matter how cheap it is.
No, I don't understand it. I'm willing to presume you're explaining it badly. This is probably because you would rather be rude than be clear.
Ok. Why not start listing the facts then?
icerat
Philosopher
I'm not sure what you mean by the statement? Amway has no restrictions on who products may be sold to, well, apart from unopened international markets and crossgroup selling.
icerat
Philosopher
Are you seriously claiming a business is only worthwhile if it can expect 100% of the population to be a customer?
Well it is the point actually if one is going to decide whether it's worthwhile trying to build the MLM. ---- There's a market for virtually anything. We even "bought" Barry O (although he will hopefully be in the next "garage sale")! LOL Worded another way, I am BEYOND your simplistic question, because I have more knowledge of the facts.
Yes you do. This is not a profit. It can only become a profit once the asset is realised. ---- I just realized I'm wasting my time with you. Is that a profit? LOL
If all I'm ever doing is buying cheap stuff I'm not making a profit no matter how cheap it is. ---- True, because you are part of a simplistic scenario as a consumer. I have other reasons to consider buying Amway products I otherwise wouldn't buy, because I OWN a business.
No, I don't understand it. I'm willing to presume you're explaining it badly. This is probably because you would rather be rude than be clear. ---- I'm willing to presume you can't learn. This is probably because you would rather be ignorant than informed. If you REALLY want to learn, make the phone call, it is much easier to explain verbally. Believe me, I won't try to recruit YOU, that's for sure. LOL
Ok. Why not start listing the facts then? ---- I have, starting on page 15.
Yes you do. This is not a profit. It can only become a profit once the asset is realised. ---- I just realized I'm wasting my time with you. Is that a profit? LOL
If all I'm ever doing is buying cheap stuff I'm not making a profit no matter how cheap it is. ---- True, because you are part of a simplistic scenario as a consumer. I have other reasons to consider buying Amway products I otherwise wouldn't buy, because I OWN a business.
No, I don't understand it. I'm willing to presume you're explaining it badly. This is probably because you would rather be rude than be clear. ---- I'm willing to presume you can't learn. This is probably because you would rather be ignorant than informed. If you REALLY want to learn, make the phone call, it is much easier to explain verbally. Believe me, I won't try to recruit YOU, that's for sure. LOL
Ok. Why not start listing the facts then? ---- I have, starting on page 15.
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