Monday, January 31, 2011

Amway Pays Me To Shop?

One of the silly arguments some Amway enthusiasts and IBOs will use is the line that WalMart doesn't pay them to shop and Amway does. It's a silly comparison in that Amway is a business opportunity and WalMart is a discount retailer. It is also silly because WalMart could raise their prices 30% and give you a 3% rebate amd WalMart profits would go through the roof. Let's give a couple of examples.

Satinique shampoo costs around $8.00 for a 10 ounce bottle.
Suave shampoo costs $1.99 at WalMart for a 20 ounce bottle.

Even when you factor in a 30% rebate ($2.40), you still come out several dollars ahead of the satinique. Granted, not every single product at WalMart will be cheaper than Amway's, but generally, overall, you will save a lot more shopping at WalMart than you could "earn" by shopping via Amway. Also, unless you are at the 25% level, you will get a much smaller rebate. Most IBO, is they qualify, will only receive a 3%rebate. Also, it would appear that less than 1% of IBOs ever reach the 25% level so those IBOs are not common, and many who reach that level are unable to maintain the level.

For those IBOs who subscribe to "buy from yourself", you could simply purchase $70 worth of goods and hand the WalMart cashier $100 and receive $30 change. You can call that your rebate and be better off! LOL

In my opinion, you can get much better value by shopping at WalMart and using a cash back credit card. Do the math. Not only would you save a lot of money, you can get cashback using American Express or Discover. "Live better, save money" is Walmart's slogan. What is Amway's? So now you know? LOL

4 comments:

Anonymous said...

It isn't that I totally disagree with you, but you are not comparing like quality. I used suave, and other hair products from walmart. I could never seem to 'keep' my hair looking healthy. Since i have been buying Satinuque my hair is healthy and soft.
Suave is one of the cheapest shampoos and there is a reason. Just saying you should have picked a better comparison.

Joecool said...

Anon, you may be right, but justification is a defense. The honest truth is that many/most consumers are willing to have lower quality on certain products to save money. Also, quality is subjective. I personally see no difference between suave and satinique.

Anna Banana said...

Satanique is the only shampoo I've used that left my hair dull lifeless and somewhat oily.

Sensei J. Richard Kirkham B.Sc. said...

You might find this pdf helpful. I didn't mention Amway in the pdf file but that is what ShopAndEarn.info represents

Here is a cost comparison between Amway and Walmart