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December 14, 2003
Amway, Thailand and the cost of living
By QBlog in
There is impressive Amway growth in Thailand. According to an article from The Nation, Amway sales have risen 42% and there are twice as many new Diamonds this year compared to the last fiscal year.
Amway (Thailand)'s sales grew by 42 percent in the past fiscal year, one of the best performances among the US direct-marketing company's worldwide partners.The article goes on to report the fabulous growth of Amway and mentions how many have qualified as Platinum.The local arm of the skincare and healthcare product company saw 87 distributors, or Amway Business Owners (ABOs), enter the "Diamond" and higher ranks - double the figure for the previous fiscal year.
About 2,800 distributors have qualified as Platinum, giving them monthly income of Bt25,000 - similar to the average salary earned by middle managers in other businesses.Then I began to wonder exactly how much Bt (Baht) 25,000 is in U.S. dollars. So I pulled up this currency conversion page and discovered that it's roughly $633. Well, that doesn't seem like much compared to the perceived income earnings of American Platinums. But, there is that whole "cost of living" thing so maybe $633 is really a boat-load of money in Thailand? Well, let's take a look.
According to one analysis the cost of living in Thailand is very similar to other Western countries when certain amenities are demanded. However, reading the report it seems that many items (such as phone and utilities) are much cheaper than the U.S. So, I turned to this comparison chart and apparently Bangkok ranks 125 in the world, below Winston Salem, NC and above Ottawa, Canada.
And finally, the AUA Language Center provides a brief synopsis of "Living in Thailand" and states that "the cost of living in Bangkok can be very low when compared to living in major metro areas in the US or Europe."
So, why do I bring all this up? Well, my nature is to investigate things and I just wanted to see how the Thailand Platinums compared to their American counterparts. Do they make more? Less? The same? I've not seen a definitive figure attached to American Platinums but most seem to claim an income between $2,000 - $5,000. So, how exactly do the two compare or is it even fair to make this comparison? I'll let you decide.
Comments
When you refer to "the system", what do you mean? I have monitored direct sales industry in Thailand for years. If you refer to the marketing plan and ethical issues, I would say that I've heard people were disqualified by Amway Thailand, too. However, if you refer to "support system" - tape and functions, I would say, amway distributors here are frangmented in utilizing the so-called "system"
DEAR SIR / MADAM
I AM AMWAY DISTRIBUTORS IN INDIA RECENTLY SINGNED, I WOULD LIKE TO FINED OUT ONE OF AMWAY DISTRIBUTORS HER NAME IS PASARA IN BANGKOK I WOULD LIKE TO SAY HER TO EMAIL..CAN U HELP TO HOW TO FIND OUT HER OR HER EMAIL..COZ I LOST HER EMAIL ID SINCE TWO YEARS
AWT YRS
THANX / PARAS
my name is ackachai amerald ABO in thailand . I can sponser your international ABO.
To compare the US and Bangkok rate of say Platinum'earning; one need to compare the price of product. Does one buy LOC in Bangkok cheaper than in the US?
Wow, 87 New Diamonds in Thailand, roughly 74 more diamonds than North America.
I would love to find out how reliant they are on "the system" in Thailand.
Posted by: mlmblog | December 14, 2003 9:12 PM