AMWAY Presented by: Margaret DeMoss Amway History Amway was founded in 1959. The name stands for “American Way.” They created the first brand of multivitamins in the U.S. Approximately 900 registered patents. 40 years of experience. They have 39 distribution centers in 31 countries throughout the world. Amway Products A leader in skin care, hair care, and cosmetics. #1 in water treatment system sales. Produce biodegradable cleaning supplies. Grows and processes their own organic vitamin and mineral supplements. Farming Communities Trout Lake, Washington Lakeview, California El Petacal, Mexico Tiangu Brazil Cera, Brazil Manufacturing Facilities Ada, Michigan Lakeview, California Buena Park, California Guangzhou, China Competitors Avon (Timeline) Procter & Gamble Amway Avon Facts Leader in direct selling of beauty products and anti-aging skin products, jewelry, and apparel. Largest manufacturer of fragrances. 4.9 million representatives in 100 countries that earn more than $2 billion. $7.7 billion in sales annually. P & G Facts Sell products worldwide – Retail 110,000 Employees Net sales for 2004 was $51,407 Million. P & G Products Tide Downey Dawn Bounce Pampers Luvs Tampax Always Charmin Vicks Crest Pantene Head & Shoulders Nice ‘n Easy Zest Folgers Pringles Bounty Amway The largest direct-selling, multibillion dollar, multilevel marketing, and international business out there today. The company’s main vision and founding principle is to help people lead better lives. Want a job? They give millions of people the opportunity to sell quality products and offer support and training. They offer a low cost start up opportunity to anyone willing to sell company products and recruit others to do the same. Fact or Fiction? It was reported in 1996, that average distributors for the Amway Corporation earned just $36.08 per month, before expenses. P&G also claims that the odds are 99 to 1 that a new distributor of Amway products will ever be prosperous in this line of business. Financials Amway’s 2004 sales were $6,200 million with an annual sales growth of 26.5%. Artemis A solutions company that provides a portal to companies that can be accessed across their organization. They provide focus, balance, and solutions that are in the best interest of their client company. Efficient The Artemis portal empowers the company with shared knowledge and real-time access to sales, forecasts, changes, production flows, suppliers, inventories, and distribution information quickly and efficiently. Amway’s Success The company’s success and competitive advantage relies on how well they can synchronize and collaborate with all of their departments around the world to provide a smooth flowing and efficient operation. Questions?