A lot of challenges are facing the UK/ROI market. Recently when the UK government reduced the value added tax VAT rate in the UK all retailers reduced there prices to comply. Amway were fast to produce a supplementary price list for the UK sterling market to take account of the VAT reduction.
However we here in the ROI market are now under pressure from the sterling - euro exchange rate. With the strength of the euro in around the 94pence mark we are not getting the benefit.
Amway are still using a 50% price differential on products i.e. £1 of product = €1.50 in ROI - my question to Amway is when are you going to level the playing pitch with the price differential - we may be a small part of the UK/ROI market but we should at least expect to be treated as equals - isn't that the nature of this business??
How can we sell out of a dual priced catalogue when everyone knows the conversion rate of sterling to euro??
Amway you need to take action.
Network Marketing is a people business so remember to always build people up - talk the industry up also - for as the industry grows so will we. "The only way I can succeed in business is to do something for 'MY BUSINESS' every day."
Showing posts with label euro. Show all posts
Showing posts with label euro. Show all posts
Sunday, January 4, 2009
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What is Network Marketing:
This is a great question because there are a lot of misconceptions out there. Basically Network Marketing is the movement of goods & services through a combination of manufacturers, sevice providers and self employed people/business owners in order to sell those goods & services to an end user.