Amway India

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Transcript of Amway India

HEALTH AND NUTRITION

1

Evolution Of Amway

Amway being an abbreviation of "American Way

Jay Van Andel and Richard DeVos, a pair of

direct sales veterans, launched Amway in 1959.

In August 1949, DeVos and Van Andel signed up

to become distributors for Nutrilite food supplements.

The only thing that stands between a person and what they want in life is the will to try it and the faith to believe it is possible. Amway Co-Founder Rich DeVos

in April 1959 they and some of their top distributors formedThe American Way Associationto represent the distributors and look for additional products to market.

Their first product was calledFrisk, a concentrated organic

cleaner developed by a scientist in

Ohio.

At A Glance

Industry:Household & Personal Products

Founded:1959

Country:United States

CEO:Doug DeVos and Steve Van Andel

CFO:Michael Cazer

Website:www.amway.com

Employees:21,000

Fiscal Year End:Dec 31, 2012

Sales:INR.2288 crore

Headquarters:Ada, MI

Forbes Lists

#28America's Largest Private Companies

International Approach

According to the Amway website the company operates in over 100 countries and territories

World headquarters located in Ada, Michigan, USA.

One of its headquarters is located in Bangalore,India.

Amway has been expanding overseas to Australia in 1971, to Europe in 1973, to parts of Asia in 1974, to Japan in 1979, to Latin America in 1985, to China in 1995, to Africa in 1997, to India and Scandinavia in 1998, to Ukraine in 2003, to Russia in 2005, and to Vietnam in 2007.

WHY AMWAY ?

As a Global company, opportunities abound here. Amway Global

Amway are one of the leading organizations in the Direct Selling Business having presence in more than 88 countries and having more than 3.5 million business owners. It offers over 450 unique high-quality products in the areas of Nutrition & wellness, Beauty, Homecare and Personal care, Hometech & Insurance.

Having the strong commitment of management, Amway Business Owners and Employees worldwide have embarked on a new journey of growth.

Amway India

Leader in the Direct Selling Industry in India.

Amway India started its commercial operations in May 98. Its a wholly owned subsidiary of Amway Corporation, Ada, Michigan, USA.

Have over500 full time employees.

Generated indirect employment for over 1600 people at all the CFA/contract manufacturer locations

Continued

Provided the income generating opportunity to over 1,500,000 active Independent Amway Business Owners/Distributors.

Recorded a sales turnover of over Rs. 2100 crore during 2011 witnessing a growth of nearly 19%.

Amway Indias target is to reach $1 Billion turnover by 2015.

Amway's Vision :

Inspiring people to live better lives.

Amway's Mission :

To provide the best business opportunity. To deliver exceptional quality products to urban and semi urban homes in the areas of Nutrition and Wellness, Beauty, Personal care, Home care, Home tech and Insurance.

Perfect COMPETITion

Nivea

LOreal

Ranbaxy

Estee Lauder

Shiseido (Japan)

The companys Nutrilite protein powder is way ahead of

its rival Wockhardt's ProtineX. It is also a direct rival to Ranbaxys Revital.

Great Products

PRODUCTS FOR YOUR HEALTH, YOUR BEAUTY AND YOUR HOME

Success for Amway is built on two main things. Great people and the fantastic, quality products that keep everyone coming back for more!

We produce unique, patented and award-winning consumer products of exceptional quality.

A few of the fantastic product ranges available from Amway include:NUTRILITE - part of the world's top selling brand of vitamin, mineral and dietary supplements.

ARTISTRY - among the world's top five, largest-selling, premium skincare brands.

eSpring - the world's largest-selling brand of kitchen water treatment systems, available exclusively from Amway.

Best of all, Amway products are of such high standard that we back every one of them with our famous 90 day 100% Satisfaction Guarantee.

Vitamin supplement

Skincare with ingredients

Indias only 3-in-1 laundry detergent system

Multi-purpose household liquid cleaner

Water treatment system

Body Lotion

Sales and marketing plans

The Amway Sales and Marketing Plan has been operating for over51 years and is available in over 80 countries and territories around the globe.

The core of the Amway Sales and Marketing Plan's income opportunity is the sale of quality AMWAY products to retail customers. As your Amway business grows, the rewards you earn grow in proportion. The Amway Sales and Marketing Plan does not compensate anybody for simply recruiting others as Amway Business Owners.

Product pricing

One By One is Amways Global Campaign for Children. In each of the 80 countries and territories that Amway is present it takes up and supports these Children of Hope.In India, this work is carried out under the banner of Amway Opportunity Foundation (AOF) a registered non profit organization. All Amway employees and distributors are volunteers of AOF.Over the last 10 years, Amway distributors and employees have transformed the lives of 10 million children around the world through the Amway One by One Campaign for Children.

National Project for the Visually Challenged

Under the National Project for the Visually Challenged, AOF has ensured that around 85,000 visually challenged school-going children have had access to Braille textbooks. Between 1999-2005 this project has covered Rajasthan, Delhi, Maharashtra, Haryana, Uttar Pradesh, Punjab, Bihar, Gujarat, Tamil Nadu, Andhra Pradesh, Karnataka and Madhya Pradesh. This work - done twice each in three states was carried out in partnership with the All India Confederation of the Blind (AICB) and the National Association for the Blind (India) NAB.

Amway Values

We do what is right, not just "whatever works."Our success is measured not only in economic terms but by the respect, trust and credibility we earn.Amway has established some basic fundamental values that unite the entire company, and all the Business Owners associated with Amway. We believe that these values guide our actions and help us to achieve everything we are capable of without compromise. They are:

Integrity

Trust

Transparency

Service Orientation

Partnership

Recognition

Thank you for your time

Amway offers Job opportunities that

help you build your career ahead.

This is an opportunity for ample

learning and growth. Company offers

a Challenging Assignment, a World class

working environment, Sufficient learning &

development opportunities and

Competitive rewards.

Career opportunities

How AMWAY hire?

Amway has an integrated approach towards selection. They take into account the academic achievements, skills, competencies, relevant experience that a candidate has gained over a period of time and the cultural fitment.

What types of internships does Amway offer students:

The main groups are R & D, IT, supply chain, finance, HR, communications, and general business.

Each intern is given a mentor and a specific project to work on over a 12 week period. Each assignment consists of a "real world" project as opposed to something just made up to fill the intern's time.

What knowledge and skills would an intern gain from an internship with Amway:

Students work on real-world projects and they learn how to communicate and interact in a professional business environment. Interns are also given the opportunity to make important decisions and have the chance to work with individuals from a variety of different cultures.

Does Amway hire interns to become future full-time employees:

Yes, Their goal is to convert a percentage of our interns to full-time employees. Last year they converted 33 interns to full-time employees within the company.

SCOPE FOR MBA IN AMWAY

Categories:

Administrative, communications,

finance, Hr, IT, Innovations, logistics/

distribution,marketing,project managers,

PR,R&D, Sales, skilled trades,

strategic planning, supply chain.

We can apply at [email protected]

HandBrake 0.9.8 2012071700