Friday, May 15, 2009

Amway - Wikipedia, the free encyclopedia

This is from wikipedia - It has been marked for deletion because it was written as an advertisement.

 

Quoted from http://en.wikipedia.org/wiki/Amway:

Amway - Wikipedia, the free encyclopedia

Amway is a direct selling company that uses multi-level marketing or network marketing to promote its products.[3][4][5]

Amway was founded in 1959 by Jay Van Andel and Richard DeVos. Based in Ada, Michigan, the company and family of companies under Alticor reported sales growth of 15%, reaching US$8.4 billion for the year ending December 31, 2008.[1] Its product lines include home care products, personal care products, jewelry, electronics, Nutrilite dietary supplements, water purifiers, air purifiers, insurance and cosmetics. In 2004, Health & Beauty products accounted for nearly 60% of worldwide sales.[6] Amway conducts business through a number of affiliated companies in more than ninety countries and territories around the world.[7] It is ranked by Forbes as one of the largest private companies in the United States[8] and by Deloitte as one of the largest retailers in the world.[9]

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