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VIDEO INTRODUCTION:
How Amway's salesman made Amway the company it is today?
Amway practices direct selling which is 'A method of selling goods directly to the consumer by an independent Distributor. A Distributor can then introduce further Distributors and generate income from retail profits supplemented by bonus payments based upon the total sales of the group built by a Distributor'.
But this strategy is also used by Avon, Herbalife, Vorwerk, etc. but how is that Amway has managed to beat them all and top the list in the direct sales category? In this video, Think School tells you about Amway's salesmen and their genius strategy.
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#thethinkschool #amway #salesstrategy Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.