People: Amway Corporation
People: Amway Corporation
Amway is more than an income opportunity or a company or products. It’s about putting people
in control of their lives. It’s about connecting people to others who respect them, who share their
goals and aspirations. It’s about supporting people in their achievements.
Amway is about people connecting people to a better way of life.
Amway Corporation is one of the world's largest direct selling companies. Originally founded by
Jay Van Andel and Rich DeVos, Amway operates in more than 88 countries and territories in
Asia, Africa, Europe and the Americas. Amway products and services are marketed through
independent business owners worldwide. Amway is a wholly owned subsidiary of Alticor Inc.
PEOPLE
Amway has more than 6000 employees worldwide. In addition, Amway has more than 3.6
million Independent Business Owners (IBOs) around the world. In China, Amway products are
sold by Amway sales representatives.
FACILITIES
Amway operates out of Alticor's world headquarters located at 7575 Fulton Street East, Ada,
Michigan 49355, USA.
COMMUNITY SERVICES
Amway, its Independent Business Owners and employees are involved in improving the
communities in which they do business. Specific and current information is available upon
request.
AFFILIATIONS
Amway is a prominent and active member of the regional and national direct selling associations
worldwide. Doug DeVos is a member of the U.S. Direct Selling Association Board of Directors.
Former Alticor President Dick DeVos is the current Chairman of the World Federation of Direct
Selling Associations (WFDSA). Globally, direct selling is an industry with approximately $80
billion in sales and more than 30 million salespeople.
Amway 50th Anniversary
Plan now to join us as we celebrate a half-century of innovation & achievement. Amway and
Quixtar will invite qualified Executive Diamonds and above to our first ever 50th Anniversary
Global Executive Diamond Council in Grand Rapids and Ada, Michigan, May, 2009.
Immediately after, qualified Diamonds and above will join us in Las Vegas, Nevada for the 50th
Anniversary Global Diamond Forum.
Enjoy exclusive events with world-renowned entertainment and speakers. Get the latest on
company developments, One by One initiatives and growth strategies. This will be a truly unique
event, fifty years in the making.
Join us at the Grand Gala Golden Anniversary.
Look for more details in the near future.
Amway and Quixtar will invite qualified Executive Diamonds and above to our first ever Global
Executive Diamond Event in Grand Rapids and Ada, Michigan, May, 2009. Immediately after,
qualified Diamonds and above will join us in Las Vegas, Nevada for the Global Diamond
Forum.
Enjoy exclusive events with world-renowned entertainment and speakers. Get the latest on
company developments, One by One initiatives and growth strategies. This will be a truly unique
event, fifty years in the making.
Join us at the Grand Gala Golden Anniversary.
Look for more details in the near future.
Celebrate Achievement
1959
1962
1963
1968
1971
Amway expands
Australia
Europe
Japan
Korea
Thailand
Malaysia
1980
Sales pass the $1 billion mark
1981
1984
1985
Amway expands to Latin America
1989
1995
1997
2000
eSpring logo
2001
2003
2005
2009
50 years
Of growth and innovation
Of quality product brands
Of helping people live better lives
50 years
Celebrate achievement
Celebrate the future
Celebration events in Grand Rapids and Las Vegas May 2009
50 years in the making
A once in a lifetime celebration May 2009
Founders Council plus
Global Executive Diamond Council plus
Global Diamond Forum plus
Equals
A 50th Anniversary Celebration you won’t want to miss!
2 cities
Las Vegas, Nevada
The home of entertainment
Ada, Michigan
The home of Amway
See our future
Be inspired
Be entertained
Be our guest
Make Diamond
Make History
Celebrate achievement…celebrate the future
The History of Amway
What does the word Amway mean? Amway is an abbreviation for "American Way" and was
coined in 1959 by company founders, Jay Van Andel and Richard DeVos. Short, unique and
easy to remember, Amway has been registered as a corporate name and trademark ever since.
In the following decades, Amway Corporation successfully established itself as a leading
multilevel marketing business, built on strong values and founding principles that continue to
sustain our company today. The business is built on the simple integrity of helping people lead
better lives.
Today, Amway is a multibillion-dollar international business representing freedom and
opportunity to millions of people in more than 88 countries and territories around the world.
Amway generates US$6.4 billion (September’04 - August’05) in sales at estimated retail through
this global product distribution network. We offer over 3 million Business Owners the
inspiration to grow those businesses, and we work hard to provide new and better ways for them
to achieve their life goals.
AWARDS
• Corporate Citizenship Award - On November 08, 2005, the United States Chamber of
Commerce awarded Alticor with the Corporate Citizenship Award in the category of
International Community Service for the One by One Campaign for Children
A SOLID FOUNDATION
Rich DeVos and Jay Van Andel's friendship actually began with a business proposition, when
Rich struck a deal with Jay for a ride to school for 25 cents a week. After high school they
entered the military, but they planned to start a business together after separate tours of duty. A
friendship formed and became a business relationship that has lasted to this day.
Amway quickly outgrew its original facilities in the basements of Rich DeVos's and Jay Van
Andel's homes. In its first full year of business, Amway's sales were more than half a million
dollars.
The '80s will be remembered for the first Billion Dollar Year at estimated retail in 1980.
Building expansion at Amway World Headquarters continued at breakneck speed as Amway
scrambled to keep pace with demand, opening its new cosmetics plant in Ada, Michigan.
As carefully planned by Rich and Jay, the second generation Van Andel and DeVos families
took the helm during the ' 90s. The Policy Board was formed and Steve Van Andel and Dick
DeVos succeeded their fathers as Chairman and President. Distributors witnessed a similar trend,
with the second generation of many distributor families taking on important leadership roles.,
NEW HORIZONS
In 2000, Amway prepared for a new century and a new exciting era.
Almost 50 years after Amway began, the DeVos and Van Andel families created a new structure
to meet the challenges of this new century. A parent company, Alticor, was established with
subsidiaries Amway, Quixtar and Access Business Group—the latter to consolidate
manufacturing and distribution for the enterprise. At the helm of Alticor are Steve Van Andel
(Chairman) and Doug DeVos (President), jointly holding the Office of the Chief Executive.
Today each area of the business, including Amway, has the freedom to build on its strengths.
Amway continues to be a leading company in the direct selling industry. Its fundamental
principles—freedom, family, hope and reward—hold as true today as they did in the very
beginning.
Founder's Fundamental
Rich DeVos and Jay Van Andel built the Amway business on the following principles, which
they and their families believe constitute a sound foundation for a meaningful life.
Freedom
Provides conducive environment in which to live, work, achieve and grow. The Amway business
recognizes, supports and expands freedom, which is both personal and economic. It gives the
freedom to operate as independent business people and conduct a full-time or part time business.
Family
The family is our primary social structure, providing love, heritage and legacy. The Amway
business respects and supports the family, as evidenced by the Amway Board of Directors and
the prominence of “family” in Amway business. Amway provides the opportunity to build a
family-owned business which can be passed on to generations.
Hope
Hope gives us the power to transform our lives in positive ways. It is a force that allows us to
envision dreams, establish goals, and achieve great things. By offering hope, we open windows
of possibility for others, irrespective of social status, profession or educational background.
Reward
Reward involves the shared action of giving and receiving. Reward helps us grow, either as the
giver or the recipient, and there are many ways we are rewarded. Reward is integral to the
Amway business as we help each other grow as people and as entrepreneurs. Hard work is
followed by high rewards.
Amway India Factsheet
Amway promotes individual entrepreneurship through its innovative direct selling approach of
world class consumer products. Amway India is the country’s leading direct selling FMCG-
company which manufactures and sells world-class consumer products. Its business opportunity
and all its products are covered by 100% Money Back Guarantee. Amway sources all its
products from within India, thereby providing stimulus to the local manufacturing industry.
CORPORATE CREDENTIALS
NATIONAL PRESENCE
In ten years of commercial operation, Amway India has established a nation-wide presence in
over 125 offices and 55 city warehouses and four regional mother warehouses. The distribution
and home delivery network set up with the support of independent logistics partners is spread
across over 3,000 locations.
MANUFACTURING
Almost all Amway India products are manufactured in the country through 7 third party contract
manufacturers. To bring the identified contract manufacturers’ production facilities and skills to
international standard, Amway has invested in excess of US$ 4 million (approx. Rs. 17 crore).
The transfer of this state-of-the-art, world-class technology, has been free of cost.
PRODUCTS
• At present, Amway India offers over 105 products in four categories. They are Personal
care category, Home Care category, Nutrition & Wellness category and Cosmetics
category.
• With the exception of Cosmetics range (Artistry*) and some products in Nutrition and
Wellness category, all Amway India products and bottles are manufactured in India.
• The products match Amway’s global quality standards. They carry a tamper-proof seal
and a ‘100% Money Back Guarantee'. If not completely satisfied with the product, the
consumer can return it for a refund. Amway products are environment friendly, and are
not tested on animals. Amway encourages the return of its used product bottles for re-
cycling and to prevent their misuse.
CORPORATE RESPONSIBILITY
• Amway India Enterprises Pvt Ltd is a member of the India Direct Selling Association.
The Indian Direct Selling Association is an association of companies engaged in the
business of direct selling in India. Its members are of high national and international
repute having set standards in delivering quality goods and in following ethical business
practices.
• Our Values
•
• Vision
• Inspiring people to live better lives.
•
• 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, cosmetics, personal
care, home care, home tech and insurance.
•
• Our Values
• Amway has established some simple shared values that unite the entire company, and all
of the Business Owners that are associated with Amway. We believe that these values
guide our actions and help us to achieve everything we are capable of without
compromise or harm.
•
• Integrity
•
We will uphold the highest personal and professional integrity which demonstrates
honestly, loyalty, respect and high ethical standards in all our responsibilities, obligations
and other activities. We are committed to behave at all times in accordance with the
ethical practices of the organization.
•
• Trust
• Building reliability and dependability for self by displaying commitment, honesty,
confidentiality and consistency in all actions.
•
• Transparency
• We will promote a culture of openness and mutual trust by interacting objectively and
without underlying personal interests.
•
• Service Orientation
• We are committed to serve our customers to fulfill their needs by focusing efforts on
discovering and thereby meeting stated and unstated requirements.
•
• Partnership
• We will collaborate across boundaries and find common ground by sharing ideas and
resources, with a wide range of stakeholders. We will develop networks and build long
term alliances with internal and external customers.
•
• Recognition
• We are committed to honor, encourage and support individuals and teams who
contribute, through their behavior and actions, to the success of the organization.