Business Opportunities Weblog

Amway Shifts Its Strategy To The Luxury Segment

By on August 18, 2008 in MLM Site

Business Standard.ro:

Amway Romania, one of the top five players on the local cosmetics market, registered 18 percent growth in turnover in the first six months of 2008, due to the launching of new products on the luxury segment.

The company, working on the multi-level marketing (MLM) system, is promoting new products every year, as the market is “extremely sensitive to quality products,” according to the company’s Branch Manager, George Popescu, for Business Standard.

“We recently launched the Luxury cream. Within the first month, it became the best sold Amway product, of a total 700 products we have,” Popescu added.

He indicated that the company entered the luxury segment due to the demand on local and international markets. “We considered that the market is demanding such a product at this time, and that people are willing to spend more on such a product,” Popescu said. Other luxury products are to be launched this fall, he added.

Logo from Amway.

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Angela Shupe has added 5,783 posts to Business Opportunities Weblog.

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  • http://thejakestershow.com Jake Jacob

    Nice post – I was with PPL for 12 years as a rep and am of course a member. Anyway, I know the big money is when you have a team.
    I got hooked on network marketing 20 years ago when Dallas was shut down in a ice storm but PPL paid daily and I slid down to the mailbox – you know the postman’s motto – and grabbed my check from the box – a nice big one with a long list of folks I didn’t even know.
    This will help you build a big team fast http://thejakestershow.com
    Jake

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