Suddenly, Amway India has revised the earnings of the IBO who enroll four other persons and these four persons enroll other persons (number not specified). In its latest advertisement on its website, Amway India shows the monthly earnings of the first IBO at Rs. 62, 150. Earlier, it was only Rs. 56, 500.
Earlier, the retail profit margin on the IBO's personal business was Rs. 10,000. Now it is shown as Rs. 11,000. Likewise, the net commission earned by the IBO was Rs. 46,500 and now it is Rs. 51, 150. Also, the total group commission was Rs. 1,05, 000 and now it is Rs. 1,15,500. Earlier, the total turnover was shown as 5,00,000 BV and now it is shown as 5,50,000 BV. With this jugglery of numbers they are showing more earnings to the IBOs.
It is nothing but to induce new members to join the scheme by showing more earnings.
Its business kit is now available at Rs. 995 of course without any products. Amway is offering an all products handbook, a set of two CDs giving information on all the business aspects, and a product CD. Presumably, this covers the subscription fee as these CDs and book would not cost Rs. 995. The advertisement is silent over the renewal fee but that might come later.
The advertisement also states that to start the Amway business one needs to buy the business kit and be sponsored by an already existing Amway business owner. In essence, this is the enrollment which was explicitly banned by the Prize Chits & Money Circulation Schemes (Banning) Act, 1978.