Amway Global Business Review

Amway Global business program is one that has been tried and tested by thousands of people around the world. Amway Global is a well known name in the world of online marketing. This is a multi level marketing business that operates through a pyramid scheme. The business opportunity offers independent business owners a chance to earn money by marketing the products of the company. The company offers a huge range of products that are known for their high quality.

Amway Global Business – The Business Plan

Amway works on an MLM business plan. It has a PV or a points value system. Each product with have specific points attached to them. Once you join as an independent business owner, there would be a commission for each point value that you earn by selling the product. No matter what country you operate from and the differences in the prices, the PV would remain the same for the product around the world. The business volume will determine the amount that you sell and you will receive a commission each month for the total amount of volume that you generate.

Amway Global Business – Understand the Levels

One of the most important things that you will have to understand before you join this program is the way that it works. There are various levels that the members are assigned to. You would have to be first sponsored by a member of Amway if you want to join. You will also have to invest in a package and will have to pay a determined fee each month for staying in this business network. There are various pin levels that you will have to go through. You will also have to recruit team members under you so that you can earn commissions for the products that are sold by them. Diamond and platinum levels are the highest in the hierarchy. Once you reach the platinum level, you would be earning enough money to live comfortably doing nothing other than handling your Amway team. The members in the diamond levels earn a six figure income.

Is It Possible to Make Money with Amway?

Amway is a genuine company that has an extensive range of products known for their quality. You would not really have to work hard in order to sell the products. However, there are several other things that you will have to consider. Not everyone would be able to make money selling Amway products, especially if you are new to this industry. A majority of people fail at MLM businesses simply because of the payment structures and because of the fact that you would need to have a lot of experience in the industry in order to succeed.

Compared to some of the newer MLM opportunities today, Amway does have outdated marketing and training methods which don’t always work in the market today. Consider these few drawbacks of Amway Global Business so that you can make an informed decision.

Website Translation and Global Business!

Developments in global communication and the advantages of the internet have resulted in language being one of the only real barriers remaining in international business possibilities. Website translation services are at the forefront of breaking through this barrier and creating a business world with no borders. Since 2004, nearly 50% of all online business transactions were completed in a different language to English. Automatic translation tools are almost useless for this purpose as the accuracy cannot be guaranteed or monitored. This is why a reliable and professional translation service is pivotal to ensuring the upkeep of your company’s reputation and the positive outcome of your business ventures.

Despite the current unstable financial climate in many countries, some economies around the world are continuing to thrive and grow. Particularly, parts of South America, the Middle East and Russia are seeing a burst in business activity that is bringing international investment into these countries. China has also long been a major player in global business and is the second largest economy in the world behind the United States. Over the past 30 years, China has increasingly invited trade from overseas businesses and this is an opportunity that many in the west have taken keen advantage of. Translation professionals operating in China had a 46.09% increase in their income in 2012, a figure that is sure to continue growing.

When the decision is made to enter a foreign market there are many things to consider. Making your company’s website understandable to the country in which you intend to expand is of the utmost importance. In a survey conducted by commonsenseadvisory.com, 72.4% of consumers stated that they would be more likely to buy a product if the accompanying information was in their own language. Additionally, 56.2% of consumers went on to say that being able to obtain information in their native language was more important than the price of the product. Faced with these statistics it is shocking to observe that out of the top 1,000 global websites, 433 are presented in just one language, making no attempt at all to provide translation for potential global visitors.

Approximately 33% of internet users don’t speak English as a first language, so the importance of having your site translated into the many alternatives is immediately evident. It is predicted that employment levels for translators and interpreters will increase by 42% between the years 2010 and 2012, demonstrating the rapidly growing necessity of such acute skills.

The localization of website content has to be approached in a wholly pragmatic way in order to guarantee the best results and highest returns for your company. Not only does the content have to be translated to precisely depict the original material, but the cultural differences have to be taken into account. A professional translator will be sensitive to these differences and maintain such accuracy that it will appear as though the translation version is the original written text. Being completely aware of the culture within the target country is essential to providing a perfect translation.

The semantics of languages are subject to constant evolution, therefore when it comes to achieving perfect website translation, a culturally aware linguistic professional is the only viable choice of person to be entrusted with this task. Translation technology is rapidly developing and the capabilities of such programmes are more impressive than ever. But when it comes to your business, it goes without saying that you want a highly qualified and extremely experienced professional to be responsible for your website translation. There are some aspects of language that a machine can’t always be guaranteed to comprehend so a human translator is necessitated to ensure the meaning of content is not confused.

With the many global economies that are expanding at a an exciting rate, it is foolish to presume that marketing your company solely in English will be enough to sustain your companies presence and growth. Website translation services readily exist with uncapped capabilities of promoting businesses around the world, creating and encouraging the possibilities that a truly global market has to offer.

Global Business – Raising the Bar

The writing is on the wall. If corporations plan to maintain a leadership role internationally, employees have to acquire a global perspective. For years, executives have questioned the return on investment for soft skill education and in particular, scoffed at the idea of cross-cultural trainings. However, as our business world becomes increasingly interactive and internationally focused, culturally sensitive approaches are essential for professional and respectful communication.

Beyond raising corporate reputations to a more sophisticated level, cross-cultural education maintains profitable relationships. As many in global entities already know, one inappropriate email, comment or interaction can easily damage or even ruin an international relationship. Basic cultural education, such as the significance of color selection when sending a package to Tokyo, understanding email verbiage from Mumbai, how to properly return a banquet toast in Shanghai or how to better understand business norms in Cairo not only cultivates and strengthens relationships, but eliminates costly misunderstandings.

Strengthen your Market Position and Prepare your Company for the Future.

As global mergers, alliances and agreements become common practice, the need for cross-cultural knowledge will become increasingly important at all levels. But the clock is ticking and the likelihood that executives may have to learn cross-cultural awareness under extenuating circumstances is a growing concern.

For example, stories abound regarding Detroit-based Chrysler executives who struggled in Daimler’s corporate culture. Not only were seasoned American executives surrounded by another language, leaders were stunned by German corporate norms and many floundered in the new environment. It’s hard enough to adjust to a new corporate culture during a domestic merger, but when a partner is from another country, an entire new set of obstacles quickly becomes evident. It takes training and education for individuals, departments and organizations to progress down the cultural learning curve.

Global Education Increases Service Levels, Builds Stronger Teams and Maximizes Revenue Potential.

Companies who set aside ethnocentric tendencies and better connect with international partners and foreign investors will flourish and succeed. Managers who fully understand a range of cultural behaviors- from Japanese negotiation techniques and Chinese superstitions to Middle Eastern norms and South American communication styles – will become the visionary leaders of tomorrow. Additionally, future leaders will get a leg up on their competition by including outsourced workers (who typically provide customer service and reservations functions) into cultural trainings and global networks. Certainly all organizations can benefit from higher service levels, stronger teams, increased revenues and a unified corporate culture.

Standardizing Best Practices across Corporate Divisions will Improve Quality Control, Streamline Operations, Enhance Customer Service and Create a Unified Corporate Culture.

Another key to global success: Organizations with international sites should solicit and value input from all employees in all divisions. Although creating and facilitating international focus groups sounds like a simple task, the endeavor contains inherent challenges, including conflicting cross-cultural communication styles, differing cultural attitudes towards hierarchies, navigating levels of fluency and methods to overcome cultural norms that inhibit communication.

The best way to maximize quality input from a diverse cohort is to hire focus group facilitators based on their individual understanding of cultural dynamics. Or better yet, as recommended in the Harvard Business Review (11/06), contract the endeavor to an outside consultant (when dealing with multicultural teams, outside consultants do not represent a hierarchical threat and thus, focus group participation increases).

The time is now to raise the bar for global business. The formula for success is simple- quality cultural education and cross-cultural focus groups. Follow the lead of progressive companies like HSBC and Novartis– and get on board. Without a doubt, it’s one of the best investments you can make to position your company as a savvy and sophisticated leader.

The Global Business Community

Most of us today have not yet woken up to the idea that the world has become a global village. A village is a small group of dwellings in a rural area, usually ranking in size between a hamlet and a town or better still, a community smaller in population than a town.

The global village represents the whole world, as though it was a village. Considered as being closely connected by modern electronic communication systems. Mutually dependent economically, socially, and politically.

In a traditional village community, almost everybody knows everybody. Within a village community, you can easily carry out your business (The occupation, work, or trade in which a person is engaged) activities. It is relatively easier to market lets say your retail business or whatever you consider your business within any village community. Truly, it is easier to run business within a village community for obvious reasons. The most important aspect of running your business within a village community is the fact that you have easy access to such a community and can easily market yourself. Yes, you can do this, since its easy to know almost everybody.

The world at large is now considered to be a global village. This is a term coined by Marshall McLuhan who envisioned the world interconnected via electronic communication systems some few decades ago.Its been widely accepted as a fact by almost all of us in this phase of life. At this present era, its a common believe that the world is a global village. Ask a boy in the America of the sixties and he would not be able to envision a world where he can confidently sit in his room and interact with the world as though it were a village. This days, everybody knows that this is possible with all the technology available to people of the present age.

This ushers in a new era in business.It is a fact but most people do not know it yet.The world is now as a village and within this global village community, which I prefer to call the global village community, you can effectively run your business. Business within this community has access to the entire global population. Remember, this village has over 6.5 billion individuals as residents. Your potential clients. What a business community. Who would not want to do business within such a community. Is not this a wonderful business community. Who would not want a business within such a business community. With what I call the global business solution, this kind of business is a dream come true.

The Global Business Solution, is that thing or group of ideas, that makes it possible for you to effectively interact within the global village community as though it were a village in the traditional sense or meaning of the word. Take for instance, this artist in the central region of Africa, in lets say Mbatu village, in the North western region of Cameroon. He is good, not just good but very good at what he does. He effectively markets himself to this community and with those efforts of his, he gains a chain of clientele within his village environment. Also, through his network of friends and acquaintances, he can still gain more access to some more clients still within the same village. The Global Business Solution, makes this globally possible. This is the global village era.