For the eighth year in a row, Amway has been named the world’s #1 direct selling company by Direct Selling News’ Global 100 list. The list is a ranking of the top revenue-generating direct selling companies in the world.
With $8.4 billion in 2019 sales, Amway is investing more than $500 million in 2020 in digital platforms, product innovation and independent Amway Business Owner (ABO) compensation, all to drive global enterprise growth and enable ABOs to better meet the needs of their customers.
“In 2019, we celebrated our 60th anniversary and now we are looking ahead to our 70th to unleash entrepreneurship for the next generation,” said Amway Chief Executive Officer Milind Pant in the company’s 2019 sales announcement. “Amway is already aligned with some of the biggest global trends, like the gig economy, increasing consumer demand for product experiences that support a healthy lifestyle, and the rise of communities on social media that connect people with similar passions and interests. Our new multi-year growth strategy and investment plan will help ABOs capitalize on these trends to support their customers.”
For more information regarding the Direct Selling News Global 100, visit: https://www.directsellingnews.com/dsn-announces-2020-global-100-list/