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Neways International |
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"Is the Neways International business opportunity really as good as it appears?" |
Neways International, the Utah-based network marketing behemoth operating in 29 countries, has become quite a success story for its half a million independent distributors around the globe. Founded in 1992, the company’s annual sales revenues are today approaching two-thirds of a billion dollars. In 2006, the company’s success led the top private equity firm Golden Gate Capital to acquire it, opening greater future opportunities for the company and its distributors.
Neways International Products
Neways International products include some very unique formulations in the nutrition, personal care, and household care segments. The company’s focus is to make the world full of “Neways Healthy Homes,” as it claims, “using innovations that combine the best of nature and science.”
However, it is important to make a dispassionate analysis of the business opportunity that Neways International offers to its potential distributors, and the quality and effectiveness of the products that it offers to the consumers worldwide. For the aspiring entrepreneurs it is important to assess their own aptitude and inclination for networking marketing before they go ahead. There is no substitute for hard work in this industry, just like any other industry.
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Neways Distributor Opportunity
The Hybrid Compensation plan offered by Neways is quite attractive. It entails a real payout rate of 50% of commissionable volumes. But for a new entrant, there is a note of caution that income is generated only if the sales take place and the network is enhanced. The distributor’s key role is build his own business organization by creating a strong downline of committed distributors. The distributor earns commissions on the purchases of his downline, and gets a rebate on his own purchases. The income growth of the distributor is directly linked to the growth of his organization.
Neways International products in the wellness and personal care segments do enjoy a strong goodwill and brand recognition in the market. Neways International NZ and Australia are becoming quite successful markets for the company, apart from the U.S., U.K. and others. Overall, there is a growing business opportunity in the network marketing industry, with real products and real sales happening across the world.
Whether you join Neways International or another opportunity, individual success in your network marketing career will ultimately boil down to recruiting as many distributors as possible.
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