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Amway Corp. Business Reports

Amway Corp. Overview

Address

5101 Spaulding Plaza Ada, 
MI 49355 United States
Phone: 616-787-6000
Fax:616-787-7102

Company Description

Customers who want door-to-door, one-stop shopping the American Way turn to Amway Corp. Doing business as Amway Global, the North American affiliate of Amway International, part of Alticor, is an online retailer and direct seller of personal care products, health supplements, and household cleaners. Its offerings include cosmetics, skin care and hair care products, vitamins, as well as air and water purifiers, cleaners for laundry and surfaces, and cookware. The lineup is sold under the name brands Artistry, Satinique, Nutrilite, eSpring, Legacy of Clean, and iCook, among others. Once known as Quixtar, the company in 2009 adopted the Amway Global name to align with the international status of the Amway brand.

Amway Corp. Company Profile Report

Purchase Report
 
$49

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Historical Financials
  • Competitors List

    Company Profile Report Highlights

    • Company Description

      Quickly grasp how a company operates and understand its current business environment.

    • Industry Information

      Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

    • Biographies

      Learn the background and technology interests of the company's executives, to better understand possible growth directions.

    • Company History

      When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.

    • Key People

      Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

    • Company Financials

      Review key financial information to gauge health and growth potential.

    Company Profile Report

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    $49

      Choose below from the available Industry Reports related to 

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    • Internet & Mail-Order Retail Industry Report
    • Pet & Pet Supplies Stores Industry Report
    • Personal Care Products Manufacturing Industry Report
    • Cosmetics, Beauty Supply & Perfume Stores Industry Report

    Retail Sector Industry Report

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    Overview

    The US retail industry includes about 1 million outlets with combined annual revenue of about $4 trillion. Major companies include Wal-Mart, Home Depot, Kroger, Costco, and Target. While large companies dominate some retail sectors (such as mass merchandisers and grocery stores), other sectors (such as auto dealers and convenience stores) are fragmented. Many specialty retailers are single-store operations.

    SIC: 5983, 5984, 5989, 5992, 5993, 5994, 5995, 5999, 7389, 5211, 5231, 5251, 5261, 5271, 5311, 5331, 5399, 5411, 5421, 5431, 5441, 5451, 5461, 5499, 5511, 5521, 5531, 5541, 5551, 5561, 5571, 5599, 5611, 5621, 5632, 5641, 5651, 5661, 5712, 5713, 5714, 5722, 5731, 5734, 5735, 5736, 5912, 5921, 5932, 5941, 5942, 5943, 5944, 5945, 5946, 5947, 5948, 5961, 5962

    NAICS: 445299, 445310, 446110, 446120, 446130, 446191, 446199, 447110, 447190, 448110, 448120, 448130, 448140, 448150, 448190, 448210, 448310, 454319, 454390, 448320, 451110, 451120, 451130, 451140, 451211, 451212, 451220, 452111, 452112, 452910, 452990, 453110, 453210, 453220, 453310, 453910, 453920, 453930, 453991, 453998, 454111, 454112, 454113, 454210, 454311, 454312, 441110, 441120, 441210, 441221, 441222, 441229, 441310, 441320, 442110, 442210, 442291, 442299, 443111, 443112, 443120, 443130, 444110, 444120, 444130, 444190, 444210, 444220, 445110, 445120, 445210, 445220, 445230, 445291, 445292

     

    Sample Questions & Answers

    How sensitive is the company's business to the economy?

    Economic factors, including personal income, consumer confidence, job growth, and interest rates, can greatly affect consumer spending and the retail sector. During recessionary periods, retail sales growth can slow drastically and even decline.

     

    How does the company compete with large retailers?

    In many retail segments, large companies dominate and hold the majority of the market. Even specialty retailers in fragmented markets must compete with mass merchandisers and warehouse clubs that offer a smaller selection of comparable merchandise at...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.

      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

      • Call Preparation Questions

        Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

      • Industry Forecast

        Identify growth and integrate projections in your own business planning.

      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.

      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Retail Sector Industry Report

      Purchase Report
       
      $129

      Soap & Other Detergent Manufacturing Industry Report

      Purchase Report
       
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      Overview

      The US soap and detergent manufacturing industry includes about 650 companies with combined annual revenue of about $27 billion. Major companies in the consumer sector include divisions of Procter & Gamble (P&G); Colgate-Palmolive; and Dial, a subsidiary of German consumer products firm Henkel KGaA. Major companies in the commercial sector include Zep and divisions of Ecolab. The industry is highly concentrated: the top 50 companies generate about 90 percent of revenue.

      SIC: 2841

      NAICS: 325611

       

      Sample Questions & Answers

      What key factors influence the company's capacity planning?

      Overall demand for soaps and detergents depends on multiple factors and results in wide swings in production volume, making capacity planning difficult. Annual production changes can be more than 10 percent. Consumer demand is influenced by...

       

      How has slow growth in wholesale pricing affected the company’s profitability?

      Market maturity and heavy competition have depressed growth in wholesale prices for soaps and detergents. Wholesale prices for household detergents have risen slowly in recent years. Consumers and businesses are generally price-sensitive about...

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.

        • Trends & Opportunities

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

        • Call Preparation Questions

          Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

        • Industry Forecast

          Identify growth and integrate projections in your own business planning.

        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.

        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Soap & Other Detergent Manufacturing Industry Report

        Purchase Report
         
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        Toy & Hobby Stores Industry Report

        Purchase Report
         
        $129

        Overview

        The US toy and hobby store industry includes about 9,000 stores with combined annual revenue of about $20 billion. Major companies include Toys "R" Us, Michaels Stores, and AC Moore Arts & Crafts. The industry is highly concentrated: the top 50 companies generate about 85 percent of revenue.

        SIC: 5945

        NAICS: 451120

         

        Sample Questions & Answers

        How do changes in consumer spending affect the company's business?

        Most consumers classify toys and hobby products as leisure purchases, and sales depend on personal income, consumer confidence, and economic health. During the late 2000s recession, personal consumer expenditures on recreational goods slowed...

         

        How does the company compete with mass merchandisers?

        Toy and hobby stores face strong competition from mass merchandisers like Wal-Mart and Target. In addition, toy stores must compete with consumer electronics retailers like Best Buy for sales of electronic toys and video games. By expanding craft and...

         

        To read this full Call Prep Question and others, purchase the full report.

         

        General Report Description

        Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

         

        Sections Included in Report

        • Industry Overview
        • Quarterly Industry Update
        • Business Challenges
        • Trends and Opportunities
        • Call Preparation Questions
        • Financial Information
        • Industry Forecast
        • Website and Media Links
        • Glossary of Acronyms

          Industry Report Highlights:

          • Recent Developments

            Stay up to date on crucial industry news that may affect your strategy.

          • Trends & Opportunities

            Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

          • Call Preparation Questions

            Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

          • Industry Forecast

            Identify growth and integrate projections in your own business planning.

          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

          • Executive Insight

            Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

          • Financial Information

            Increase your credibility and support your presentations by adding verifiable industry metrics.

          • Web Links & Acronyms

            Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

          Toy & Hobby Stores Industry Report

          Purchase Report
           
          $129

          Internet & Mail-Order Retail Industry Report

          Purchase Report
           
          $129

          Overview

          The Internet and mail-order retail industry in the US includes about 20,000 companies with combined annual revenue of about $270 billion. Major companies include Lands’ End, LL Bean, Amazon, Overstock, and Hanover Direct. The industry is concentrated: the top 50 companies account for about 70 percent of industry revenue. Over the past five years, the bulk of the industry's revenue has shifted from catalog to Internet sales. While most brick-and-mortar retailers have an online presence and many also offer catalog sales, this profile focuses on retailers who use the Internet or catalogs as their sole or primary sales channel.

          SIC: 5961

          NAICS: 454111, 454113

           

          Sample Questions & Answers

          How does the current economic environment affect the company's sales outlook?

          Catalog and Internet retailers sell primarily discretionary goods and services, so demand varies with changes in personal income. Consumers delay or cut back on computers, new clothing, home furnishings, and other discretionary items when the economy...

           

          How does the company compete with online sales by traditional retailers?

          Traditional retailers are becoming the dominant online retailers by leveraging high consumer awareness. Consumers are moving to large brands that have online capability and that they're familiar with. Internet retailing has been growing rapidly.

           

          To read this full Call Prep Question and others, purchase the full report.

           

          General Report Description

          Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

           

          Sections Included in Report

          • Industry Overview
          • Quarterly Industry Update
          • Business Challenges
          • Trends and Opportunities
          • Call Preparation Questions
          • Financial Information
          • Industry Forecast
          • Website and Media Links
          • Glossary of Acronyms

            Industry Report Highlights:

            • Recent Developments

              Stay up to date on crucial industry news that may affect your strategy.

            • Trends & Opportunities

              Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

            • Call Preparation Questions

              Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

            • Industry Forecast

              Identify growth and integrate projections in your own business planning.

            • Business Challenges

              Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

            • Executive Insight

              Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

            • Financial Information

              Increase your credibility and support your presentations by adding verifiable industry metrics.

            • Web Links & Acronyms

              Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

            Internet & Mail-Order Retail Industry Report

            Purchase Report
             
            $129

            Pet & Pet Supplies Stores Industry Report

            Purchase Report
             
            $129

            Overview

            The US pet and pet supply store industry includes about 8,800 stores with combined annual revenue of about $12 billion. Major companies include PetSmart, PETCO Animal Supplies Stores, and Petland. The industry is concentrated: the 50 largest companies account for about 70 percent of revenue.

            SIC: 5999

            NAICS: 453910

             

            Sample Questions & Answers

            How does the company differentiate itself from alternative pet suppliers?

            Pet stores face intense competition from mass merchandisers, warehouse clubs, grocery stores, and Internet retailers. Mass merchandisers and warehouse clubs offer lower prices on pet food, and represent a significant portion of pet product sales.

             

            How does the company hedge against potential shifts in the economy?

            Consumer spending impacts sales growth at pet stores. Lack of credit availability, weather, consumer confidence, unemployment, and overall economic malaise can lead to sales declines. For companies that depend on sales of higher-margin products, a...

             

            To read this full Call Prep Question and others, purchase the full report.

             

            General Report Description

            Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

             

            Sections Included in Report

            • Industry Overview
            • Quarterly Industry Update
            • Business Challenges
            • Trends and Opportunities
            • Call Preparation Questions
            • Financial Information
            • Industry Forecast
            • Website and Media Links
            • Glossary of Acronyms

              Industry Report Highlights:

              • Recent Developments

                Stay up to date on crucial industry news that may affect your strategy.

              • Trends & Opportunities

                Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

              • Call Preparation Questions

                Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

              • Industry Forecast

                Identify growth and integrate projections in your own business planning.

              • Business Challenges

                Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

              • Executive Insight

                Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

              • Financial Information

                Increase your credibility and support your presentations by adding verifiable industry metrics.

              • Web Links & Acronyms

                Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

              Pet & Pet Supplies Stores Industry Report

              Purchase Report
               
              $129

              Personal Care Products Manufacturing Industry Report

              Purchase Report
               
              $129

              Overview

              The US personal care products manufacturing industry includes about 800 companies with combined annual revenue of $40 billion. Major companies include Estee Lauder, Johnson & Johnson, and Procter & Gamble. The industry is concentrated: the 50 largest firms account for about 85 percent of industry revenue.

              SIC: 2844

              NAICS: 325620

               

              Sample Questions & Answers

              How have changes in raw material prices affected the company?

              Raw material price increases and competitive consumer price pressures squeeze margins for personal care products manufacturers. Suppliers pass price increases for surfactants, palm oil, chemical additives, plastic packaging, and other raw materials...

               

              How vulnerable is the company to changes in consumer spending?

              Sales of high-end personal care products are susceptible to decreased consumer spending. Luxury items within the industry, such as high-end perfume, makeup, or skin care products, are particularly vulnerable to economic downturns. Consumers tend to...

               

              To read this full Call Prep Question and others, purchase the full report.

               

              General Report Description

              Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

               

              Sections Included in Report

              • Industry Overview
              • Quarterly Industry Update
              • Business Challenges
              • Trends and Opportunities
              • Call Preparation Questions
              • Financial Information
              • Industry Forecast
              • Website and Media Links
              • Glossary of Acronyms

                Industry Report Highlights:

                • Recent Developments

                  Stay up to date on crucial industry news that may affect your strategy.

                • Trends & Opportunities

                  Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

                • Call Preparation Questions

                  Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

                • Industry Forecast

                  Identify growth and integrate projections in your own business planning.

                • Business Challenges

                  Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

                • Executive Insight

                  Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

                • Financial Information

                  Increase your credibility and support your presentations by adding verifiable industry metrics.

                • Web Links & Acronyms

                  Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

                Personal Care Products Manufacturing Industry Report

                Purchase Report
                 
                $129

                Cosmetics, Beauty Supply & Perfume Stores Industry Report

                Purchase Report
                 
                $129

                Overview

                The cosmetic, beauty supply, and perfume store (beauty store) industry includes about 13,000 stores with combined annual revenue of around $10 billion. Major companies include Sally Beauty Supply, Ulta, Sephora, and divisions of Limited Brands (Bath & Body Works) and L’Oreal (The Body Shop International). The industry is concentrated: the top 50 companies have almost 75 percent of industry revenue.

                SIC: 5999

                NAICS: 446120

                 

                Sample Questions & Answers

                What is the company’s most significant competitive threat?

                Beauty stores face a wide range of competitors across all price segments, including department stores, drugstores, mass merchandisers, TV shopping networks, and Internet retailers. Department stores are the top channel for beauty...

                 

                How vulnerable is the company’s product mix to changes in consumer spending?

                Sales of beauty products, particularly high-end, are susceptible to decreased consumer spending. Consumers consider many beauty products luxuries, and segments of the industry are vulnerable to economic downturns. Consumers may reduce discretionary...

                 

                To read this full Call Prep Question and others, purchase the full report.

                 

                General Report Description

                Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

                 

                Sections Included in Report

                • Industry Overview
                • Quarterly Industry Update
                • Business Challenges
                • Trends and Opportunities
                • Call Preparation Questions
                • Financial Information
                • Industry Forecast
                • Website and Media Links
                • Glossary of Acronyms

                  Industry Report Highlights:

                  • Recent Developments

                    Stay up to date on crucial industry news that may affect your strategy.

                  • Trends & Opportunities

                    Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

                  • Call Preparation Questions

                    Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

                  • Industry Forecast

                    Identify growth and integrate projections in your own business planning.

                  • Business Challenges

                    Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

                  • Executive Insight

                    Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

                  • Financial Information

                    Increase your credibility and support your presentations by adding verifiable industry metrics.

                  • Web Links & Acronyms

                    Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

                  Cosmetics, Beauty Supply & Perfume Stores Industry Report

                  Purchase Report
                   
                  $129