Monday, February 16, 2009

Amway Global's Fast Track Swindle


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!

END

(*) 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.

16 comments:

quixtarisacult said...

I was thinking that maybe East Street Blogger (Bill) decided to call it quits after he was confronted by his upline to join fast track by buying (or selling) more Amway products each month. I'm sure this has most likely made all the core believers to feel that they now need to come up with more cash to feed to their Amway god. Most likely, most in the fast track will simply pony up the extra 50 PV in self consumption bliss.

On another point, all these folks are required to represent that they have made all the required retail sales to qualify to receive any kind of commission check in the first place; another fraud; indeed, Amway doesn't enforce these rules which are only in place to keep regulatory scrutiny from winding the business up as a money circulating prize chit scheme.

Anonymous said...

It also appeared that "Bill" was being scammed into some kind of fast track tools game in addition to the fast track Amway PV game.

I wish Bill would resurface to explain what actually happened.

quixtarisacult said...

Possibly every thing the critics told Bill about the tool scam finally sunk in as he most likely was somehow made to feel lesser in the eyes of his upline who somehow are always determined to make sure all aspiring distributors buy the instructions on how to operate the Amquix scheme, the tools of deceit!

Maybe this Bill will resurface, but I'm not sure he could be believed. There just was something fishy about his story? ...fishy fishy fishy!

mike said...

The thing about "Fast Track" is that it is a program that is presented later in the business..after the "all you have to do is 100 pv and show others"

This is later turned into "all you have to do is 300pv and show others"

Anonymous said...

ur talking out of ur ass! u have no idea! 1 thats not how fasttrack works and 2 the bonus check is more than 200 dollars!!!

Anonymous said...

ur talking out of ur ass! u have no idea! 1 thats not how fasttrack works and 2 the bonus check is more than 200 dollars!!!

quixtarisacult said...

anonymous...

I took this off of Amway's Adatude web page which you can verify by clicking here.

"We launched Fast Track at the Achievers event in Las Vegas in December, and it was a crowd pleaser. The basics are this:

In a new IBO's first 90 days, he or she can qualify for a $200 bonus by showing the beginnings of building a balanced business with both retailing and sponsoring as components.

Additionally, that IBO's upline(s), the people that sponsored them into the business, can receive cash awards for helping new IBOs qualify for the Fast Track program.

It's really that simple."
Angie Polsgrove

Is it really that simple? Fast track is for simpleton suckers; hmmmm? Makes me wonder about you 'anonymous comment poster'? Keep up the good work "ur" my hero!

What a crowd pleaser... yep, if you are a crowd of kingpin distributors, yeah! Or the Devos Van Andel folk who rake in the aforementioned sucker's cash.

Anonymous said...

Out of respect of my upline I'll remain nameless for now. I've only been an IBO for 2 months, and so far it has been nothing but positive in my life. But that's a whole other story.

I think you are still unaware of how the Fast Track program works, here is a more accurate description. There are a total of 4 checks, the first three are worth $50 each, and the fourth being $200. Once you start the FT program, you have your first month to do 150PV total, with a minimum of 50PV from retail. You do that and you get the first $50 check. Same thing for month 2 and 3, a $50 check if you can do a minimum of 150PV with at least 50PV from Retail. The fourth check comes if you are able to help at least 3 new IBOs earn one of their $50 checks each. In short you only make money if you are able to help others save/make money.

Every business/industry has shady characters, it's a given. Everyone has to be careful in any situation they get themselves into, especially when it involves their finances.

quixtarisacult said...

Anonymous 2 month IBO...

You basically point out how Amway operates a 'closed market swindle' as you describe the necessity for you to purchase 100 PV of products (badly overpriced by the way) and then retail 50 PV of products to non-IBO customers. These 'PV' numbers seemingly disguise how much money we are talking about. Sure, Amway may refund some of your purchase cost back to you, but seriously now, can you really consider this $50 dollar check as any kind of 'profit'? You must purchase upwards of $300 worth of products (which are virtually unresellable) for 'self consumption' and supposedly talk your friends and family into buying around $150 worth of these unremarkable expensive products to qualify for this carrot. Of course they keep the carrot out for you to continue down the road in this very carefully crafted swindle. (The products are priced so as to be intentionally unresellable.)

Please take some time to read many of the other articles here on Amway Global Cult Intervention and on Quixtar Cult Intervention> and discover what kind of circumstance you find yourself in. I'd love you help you avoid the swindle that has victimized so many over half a decade. Possibly you should not 'respect' your upline so much as to hide your head in the sand concerning what is really going on. Now you really know!

Anonymous said...

This is how I see it ...by the way I am an amway IBO ..but If I weren't just like our friend here....this would happen in the common world If I buy $300 or $400 at Walmart,Sams Or Costco at the end of the month I make $ 0.00 but.....what if tell 3 of my friends not to buy in Walmart but Costco instead.....I still make $0.00 and the best part is .... If they tell 3 of.their frinds To buy at Costco we all make $0.00 :(

quixtarisacult said...

Anonymous...

But you save way more by buying Walmart or Costco. The Amway products are priced to basically be unsellable to genuine retail customers. Believers in Amway's scheme are for all intents and purposes Amway's only customers; they pay the exorbitant price in the belief that they can grab the gold ring in Amway's merry-go-round of greed. Yes, you would indeed be saving your friends money by telling them to buy from the reputable retailers rather than a 'closed market' scheme which you admit to participating in.

ProudFutureIBO said...

Hi, I just want to say that Anonymus is not alone. I have personal friends who HAVE made profit and helped many others do that same. In this so called messed up world, why would random people on the internet be so apt to "help" the world not get caught up in a scheme. Websites like this just prove to me more so that Amway is not only legitimate but a wonderful opportunity. If it were not, there would not be so many people bashing it on the internet. Sure not everyone is IBO is a saint, and not every person is able to be successful in the business. Unlike a job, on gets paid for what work they put in, just like in every other business. Amway products if you do the proper dividing are actually cheaper than alot of competiters sold in regular retail stores and i have customers calling for where they can get the products because they like it so much. I am sorry to you for whoever or whatever caused your hatred of Amway.

quixtarisacult said...

Hmmm? Future IBO? I was wondering if you are aware that a large group of ex-IBO's sued Amway providing evidence that Amway was operating a product based pyramid scheme. Amway settled the case out of court to the tune of millions of dollars. Seems like you are looking at this scam business with rose colored glasses. Do not believe all the hype and bullshit that Amway and their cult following profess about themselves. Have you ever heard the term: "Fake It Until You Make It"? These schemers love to brag that they've made money (while the truth is anything but).

Anonymous said...

Every business has costs, fuel, hotel, marketing/promotional. Every sales representative has costs, fuel, hotel, marketing/promotional. Why do you morons expect Amway to be any different? Oh, yeah, because you're morons.

Amway products are not the cheapest you can possibly find... ahem, neither are the candy, beer, and cigarettes you just bought at the convenience store. Oh yeah, neither is the gas you just bought for your car, or the electricity you paid for your home. A lot of people pay extra for things like: quality, service, convenience, rewards points, cash back, loyalty, or just because they like the products. Only a moron who doesn't know jack about how real businesses operate don't realize that all companies that sell products are always selling their products for the most they can get. Don't let me confuse your simple minds with words like "loss leaders, premium markups, profit margins, wholesale, retail, sales commissions, etc" Those are complex business/sales words that clueless consumers don't quite get.

But this was about Fast Track... Yeah, what kind of a stupid company would pay it's marketing people extra money early on to encourage them to make more sales? I mean, like bonuses, and incentives to increase sales? Who would do that? That's just crazy! Only a moron would want to motivate their new sales/marketing people...right?

Whatever. You guys are the morons.

David James said...

It also appeared that "Bill" was being scammed into some kind of fast track tools game in addition to the fast track Amway PV game. research papers writers

quixtarisacult said...

David, yes, you are so right. The tool scam, the pandering of 'enthusiasm' for a scheme in the way of 'motivational' literature, tapes, conference calling, and pay as you go conventions obviously represents the most insidious aspect of Amway's advance fee fraud. Adherents to the American Way seek a form of heaven on earth and pay dearly for their dreams. David Brear refers to this as "the American Dream made nightmare".