Jim Mercon And A Family Of Businesses.

We're Jim and Joyce Mercon, "Diamonds" in the Amway Global business.
Living in the Chicagoland area, and in particular, Northwest Indiana, we are true believers in Amway and the wonderful opportunity it has given us over the years.
Learning and being mentored by already successful people, we found that there is truly a "right way" to build a lasting Amway Business. With more than 20 years of our own Amway experience, we simply took a step by step approach to the learning and doing process. Over the years, this has helped us achieve our personal financial and lifestyle goals.

Please enjoy our blog and it's information.

PO Box 493 Valparaiso, IN 46384

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Jim Mercon And A Family Of Businesses.   >  "Tough times prove profitable for Amway."

Tough times prove profitable for Amway.

posted by jimandjoycemercon on Mar 4th, 2009 at 6:20 am

Here's a great article recently published:

Tough times prove
profitable for Amway

Sales up 15% worldwide in 2008

Updated: Thursday, 05 Feb 2009, 2:18 PM EST
Published : Thursday, 05 Feb 2009, 12:14 PM EST

ADA, Mich. (WOOD) - Historically, when times are tough, business is good for Amway. That is once again proving true. in the 50th year of their existence.

Alticor, the parent company of Amway, reported sales jumped 15% in 2008, with total sales of $8.2 billion. The largest part of their sales - 80% - came in foreign markets. Of their 59 worldwide affiliates, two-thirds reported an increase in sales, with much of the growth in Russia, China and India.

The Amway name is once again prominent. Advertising and marketing efforts increased, including high profile event sponsorships and television advertising.

Company leaders Steve Van Andel and Doug DeVos, the sons of the founders, also attribute the growth to other factors, including the rise in unemployment. People turn to Amway to become product distributors to make extra money.

A private company, they do not release financial numbers to the public

There are no immediate plans to expand in 2009, but a 50th anniversary celebration will include events in both Grand Rapids and Las Vegas in May.

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