Amway In China - Impact Of New Rules
AMWAY Corp said yesterday its sales may fluctuate between a 10 percent drop or rise this year as its business model faces a tough transition with China forbidding payment based on team sales starting next month.
From Tuesday, all Amway China sales representatives will draw commissions directly from the company based on their individual sales performance, said Vincent Hwang, general manager of Amway China East.
Sales teams, in which authorized agents can generate additional commission from sales representatives they recruit, will no longer exist as payment based on team sales is illegal under new regulations released in September this year.
From Tuesday, all Amway China sales representatives will draw commissions directly from the company based on their individual sales performance, said Vincent Hwang, general manager of Amway China East.
Sales teams, in which authorized agents can generate additional commission from sales representatives they recruit, will no longer exist as payment based on team sales is illegal under new regulations released in September this year.
posted by the MLM News Desk at
9:12 PM
