Amway Global is now advancing a new strategy to supposedly help brand new distributors--clueless marks--to become profitable faster. (yeah, sure?) They have named this new strategy Fast Track but it would be more appropriately named Fast Scam or Fast Swindle.
Supposedly, advancement in this, the newest wrinkle in the 'closed market swindle' requires the new, very impressionable IBO--over a three month period of time--to self consume at least 300 PV worth of Amway's monopoly priced goods, and then retail another 150 PV worth to non-IBOs retail customers. Additionally, the IBO must recruit, not one, not two, but three other IBOs--er suckers--like himself who also want to join in this 'fast track' prosperity dream and also buy and sell all the Amway required extortionately priced products. Should this fast track IBO achieve all the stated goals, having jumped through each and every hoop, then Amway provides him with a $200 bonus check. The IBO has been swindled, as well as helped swindle at the least three other people in the process--not to mention those that are potentially swindled by any of the three recruits. Instead of being on the glorious Amway Fast Track to profitability--my God what a scam--the new IBO joins the ranks of the taken and most likely is too bamboozled to even realize it. The Fast Track, therefore is not the reality inverting myth presented by Amway towards making an IBO profitable sooner--but is indeed a fast ride (like on the traveling sales crew van) into an utter swindle, a form of chain reaction scam, where AmScam Fast Tracks their own take--all from the taken.
Now, let's examine exactly how this works out to be a swindle by doing some simple math.
Amway, at the end of the 3 month period receives: 150 PV X 4 X 3 = 1800 PV. Since 100 PV represents about $300 in actual purchases, Amway then records sales of $5,400* minimum from all participants joining in this Fast Track swindle. The Fast Track IBO supposedly purchases for self consumption, $900 worth of goods and then supposedly sells another $450 worth of goods to others. In addition to this the IBO must recruit and make certain that each of his three recruits also buy and sell a similar percentage of products. The original fast track IBO has over the three month period purchased with most being for self consumption $1,350 in over-priced goods and receives a very small stipend-like commission on the $1,800 worth of goods his three recruits buy (are swindled out of). The IBO will receive a check for about $90- $150 on his own 'fast track' purchases which includes what amounts to a rebate on his personal consumption netting Amway sales of $1,350 for goods that are generally for their distributor's self consumption, never to be resold again.
Looking at how this all works out for the original fast track IBO believer:
This IBO must recruit (at expense) three other people, all who must 'miraculously' join into the fast track prosperity dream scheme, achieve the exact same goal of buying 300 PV and selling an additional 150 PV to retail customers. This is all mostly an impossible task which, in the end, works out quite well from Amway's end of the take. What really does this new IBO actually get and how can this ever really be profitable: $900 dollars of monopoly priced products (which according to pricing calculations could have been bought at a potential savings of at least 33% simply by buying a similar product at a discount brick and mortar retailer). Therefore, the IBO loses about $445.50 in purchasing power right from the beginning--if indeed not more based on Amway's monopoly priced wares! The IBO will receive a stipend-type checks for somewhere between $90 and $150 total for the three month period (save for a potential carrot on a stick bonus of $200). So the potential IBO loss now stands at $445 minus scrawny check from Amway of between $90 and $150 resulting in a gross loss of anywhere from $355 to $295. He then miraculously achieves his fast track status and gets a $200 bonus check from Amway. So, he is still in the hole to the tune of anywhere between $100 and $150--this after grasping the AmScam golden ring--Now for the rest of the math problem. You dear reader must do the math on this one.
The fast track IBO has not accounted for all his/ her operating expenses; all the overhead, gasoline, motel stays, insurance, and hourly time spent. Notice, these out of pocket expenses do not include the monopoly priced MLM propaganda tools which are pushed like dope on all newbies in the Tool Scam. Tools are mostly useless tapes and literature heading up the business cult official playbooks of deceit. Notice that out of pocket attendance at Amway quarterly rallies as well as various other seminars are pushed all by the kingpins...
...a secondary swindle which supports the original Devos-Van Andel closed market swindle.
Conclusion, no matter how you do the math, all these folks believing in the Amway dream--those who don't reenter reality--lose money--usually in the tens of thousands and will continue to lose money throughout their relationship with the Amway closed market swindle unless they personally manage to convince enough others that Amway is not a swindle, something only a small percentage (in the thousandths of one percent) actually manage to do. Sadly, Amway tries to convince every one that they can be that 1 in a 1000. Do the math yourself. Amway seeks to cloak their scheme in mind numbing jargon, all designed to make fools out of their prospective victims.
The fast track to Amway profits is merely a pipe dream Amway has carefully devised to expand their own bottom line, all at the expense of every Amway believer who willingly flush their own money down Amway's loo in this newest wrinkle in AmScam fraud. All the figures work out in Amway's favor, while they conveniently pass all overhead expense onto their new independents, who must pony up their money to cover Amway's legitimate marketing costs. Significantly enough, new Amway promotions are usually headed up by the Amway kingpins (tool sellers), and their business cult downline followers who head up new swindles--like last years Perfect Water Scam. Oh how glorious!
The Federal Trade Commission should indeed do the math as well. It doesn't take one long with a piece of scrap paper and a pencil to do the math here friends. I am sure that with the advanced computing power of our government, a simple calculator, they might see what kind of fraud Amway's Fast Track swindle really is. Significantly enough, most people taken in advance fee swindles usually drop out of the swindle long before there is any conceivable chance they will be that 1 in 10,000 swindler who actually can in any significant way enjoy the tool scammers take. Only the DeVos and VanAndel Crime families and the 'top of the pyramid' kingpin distributors achieve this pie in the sky glory. To everyone else, good luck, you defiantly need it!
(*) Amway's take in total sales--if all distributors are successful) may actually be larger since the fast track IBO and the three he personally recruited will go about trying to pull more victims into the swindle as well thus adding to the total Amway sales take. (Exactly how long it might take a successful Fast Track IBO to receive a $200 check could potentially take some time, as fulfillment by all recruited participant requirements may require additional time to verify. All recruited IBOs significantly must qualify; while the likelihood of this actually happening being rather long, thus allowing Amway to keep their $200 carrot.