DOUBLE DIAMOND CELEBRATION
Achieving Double Diamond is the result of hard work and dedication that only a select group of leaders reach. This special VIP event is personalized for the Amway Independent Business Owner to celebrate their accomplishment.
Amway Independent Business Owners (IBOs) must be in compliance at all times with the Amway IBO Compensation Plan, quality assurance standards and the IBO Rules of Conduct to keep their invitation to Double Diamond Celebration.
The average monthly Gross Income for “active” IBOs was USD $207 (in the U.S.)/CAD $186 (in Canada).
Approximately 48% of IBOs in the U.S., and 52% of IBOs in Canada, were “active.”
IBOs were considered “active” in months in 2016 when they attempted to make a retail sale, or presented the Amway Independent Business Owner Compensation Plan (IBO Compensation Plan), or received bonus money, or attended an Amway or IBO meeting. If someone sustained that level of activity every month for a whole year, their annualized Gross Income would be $2,484 (U.S.)/$2,232 (Canada). Of course, not every IBO chooses to be active every month. “Gross Income” means the amount received from retail sales, minus the cost of goods sold, plus monthly bonuses and cash incentives. It excludes all annual bonuses and cash incentives, and all non-cash awards, which may be significant. There may also be significant business expenses, mostly discretionary, that may be greater in relation to income in the first years of operation. For the purposes of the calculation in Canada, individuals who were IBOs for less than the entire year in 2016 were excluded.
The IBO Compensation Plan offers monthly and annual bonuses that IBOs can earn in accordance with their contract with Amway. IBOs also may qualify for the Amway “Growth Incentives Program (GI Program), a collection of discretionary programs separate from the IBO Compensation Plan and that can vary from year to year. IBO eligibility for the GI Program is at Amway’s discretion. The GI Program is available only to IBOs whose conduct demonstrates high ethical and business standards aligned with the goals and objectives of Amway and its related businesses.
Following are approximate percentages of IBOs in North America who achieved the illustrated levels of success in the IBO Fiscal Year ending August 31, 2016: New IBO Incentive 36.3695%, First Step Award 4.3107%, Balanced Sponsor Award 2.8588%, Mentor Award 1.1171%, Platinum first year 0.2353% and second year 0.0925%, Founders Platinum first year 0.1422% and second year 0.0813%, Emerald first year 0.0201% and second year 0.0041%, Founders Emerald first year 0.0092% and second year 0.0038%, Q12 Incentive 0.4683%, 7500 PV 1.6247%, 12,499 PV 0.1718%, 14,999 PV 0.1033%, 15,000 PV 0.1033%, 108,000 annual Personal Group (PG)/Ruby Volume 0.1607%, 36 Qs 0.0730%, 54 Qs 0.0147%, 72 Qs 0.0159%, 108 Qs 0.0029%, and 144 Qs 0.0022%
For more details on qualifying for the GI Program and other requirements, see information on Amway.com or contact Amway Sales. Before registering as an IBO, individuals should read and understand the Amway ™ Business Overview Brochure, which contains important information for those interested in becoming IBOs.
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