To start your own Amway business, you need to register with Amway as an Independent Business Owner (IBO), which enables you to begin earning income through their Compensation Plan. If you know an Amway IBO, you should discuss with him or her how this business can help you achieve your personal goals. If you would like to connect with an Amway IBO, we can help you find one to fit your interests and needs.
This is the difference between IBO cost and retail price. As an Independent Business Owner, you determine the price you charge, and when you sell products to customers above your cost, you keep the retail margin. This is the fastest way to earn income with an Amway™ business.
You generate points on products sold. The more points you generate, the greater your potential bonus. Also, as you build your business, you may help other IBOs you sponsor to sell products and earn points.
Monthly performance bonuses, monthly and annual leadership bonuses, and differential bonuses are based on how many points are generated by you and any IBOs you sponsor.
Growth Incentives are used to reward remarkable achievements in both the growth of your business and helping others succeed. These rewards include one-time cash awards, incentive trips, and vacations.
Growth Incentives are separate from and in addition to the Amway Sales Plan income. They are discretionary and paid to IBOs in good standing. The Growth Incentives for 2013 range from $50 to $250,000. For complete details, please see the Amway Growth Incentives brochure.