Amway is one of the largest direct-selling businesses that was founded in 1959 by Rich DeVos and Jay Van Andel in Ada, Michigan. The company is known for selling products for personal care, beauty, and home.
Amway is often accused as being one the most infamous multi-level marketing or MLM companies because of its high-pressure sales tactics and questionable customer service.
In 2010, Amway was accused of running a pyramid business model for which it paid $56 million to settle a class-action suit.
Amway ran into trouble even in China. Even in the U.K., Amway’s operations were paused because of charges of deceptive marketing
Amway is not a pyramid scheme. In a pyramid scheme, you can make money only by recruiting people. However, Amway allows you to earn by selling products as well.
Amway is not as popular as its competitors, such as Mary Kay, Avon, and Tupperware, but it has been running successfully for all these years now.