Sunday, December 11, 2016

Are Swissgolden affiliates really getting paid gold?

All gold everything.

That’s the motto for Swissgolden – as a customer or distributor, you’re buying and selling 24-karat, pure gold bars.

Kinda badass right?

And you can’t really front about the value of their product – it’s literally the gold standard.

So does this mean I’m involved?

This video explains everything:


Make sense? Either way, here’s the full review on Swissgolden.

Overview

The company is headquartered in the UK but the business is registered in the British Virgin Islands…offshore bank accounts, not surprising. [1]

They are legally authorized to market gold, and they partner with a lot of the best gold manufacturers in the world, including Argor, Heraus, Valcambi, Umicore, and Metalor Technologies.

The company has expanded internationally into countries like Mexico and even Nigeria. [2]

But Mexican officials from the National Commission for the Protection and Defense of Users of Financial Services have called into question the legality of their practices, given that they provide financial guidance to customers and recruits – assuring them that the value of gold is invincible, will protect your money from inflation, does not expire or depend on changes in government, and can only increase in value – when they are not officially registered as an institution that can give financial advice. [3]

Questionable, but welcome to MLM.

Here’s the thing though: these guys have been around since 2012, so they’ve made it past the terrible twos…but they still haven’t made a name for themselves.

That’s not a good sign, as one of the best perks of getting in early with a young, potentially risky MLM, is the chance to ride a trend wave straight into loads of cash. And SwissGolden is just not trending.

It’s surprising, because all the fear and anxiety about money markets and economic instability in the past decade or two has caused interest in gold bar investments to rise, but SwissGolden doesn’t seem to be cashing in as much as they could.

And really, you’re not turning a profit off your gold investment alone. At the end of the day, this company is at heart an MLM, and you need to recruit a downline to make a profit.

Products

Their products are pure Swiss and German gold bars from some of the most reputable houses of gold:

  • Argor-Heraeus
  • Valcambi
  • Umicore
  • Metalor

Valcambi bars from these manufacturers are 999.9 pure, or “four nines” fine, which is the same degree of purity used for gold money such as the Canadian Gold Maple Leaf and the American Buffalo coin. [4]

You might think you’ve got to be ballin’ out to buy a gold bar, but their product comes in all sizes – ranging from 1 gram up to 100 grams.

1 gram of gold is something even the little guys can get at. It’s not a bar, but rather barely larger than a gold flake. It’s around the size of a microchip. In fact, it’s so small, that they encase it in a plastic covering before shipping it out to make sure it doesn’t get lost.

So it’s a company that wants to be able to provide gold investments for everyone, not just bankers and lawyers. Pretty cool. The 1 gram gold pieces start at as little as $40.

All gold is purchased online, and then you can store your gold purchases in their storage facilities in Switzerland or Germany for a monthly fee that is equal to .1% of the value of your stored gold. If you want to have your gold shipped to you, you pay the cost of that, which can be upwards of $60. [5]

They charge a 10% processing fee on all orders, which can add up if you’re buying big. They do pay for part of this fee if you join their leadership reward program, of course.

The company also buys back gold, and you can sell your gold back to them 24 hours a day, 7 days a week through their webshop.

Opportunity

There aren’t any upfront costs to join as an affiliate, which is nice.

However, you have to make sales to get into their leadership program. If you do, you get a small discount (10% processing fee waived) on your gold purchases.

Basically, your customers subsidize your own gold purchases. It’s cool that you can buy a little more gold as an affiliate, but really, a good commission rate is so much more valuable.

In effect, they’re making you spend your earnings on their products. The value you earn from selling gold alone can’t go toward anything but purchasing more gold from them. That’s not a great deal, especially when the value of their product fluctuates on a daily basis.

You get bonus credits if you can sell enough, but the standards are pretty high…

  • In order to fill up your Main Table matrix slot and start qualifying for bonuses, you have to sell 7,000 euros worth of gold.
  • After that, to fill a VIP Table matrix slot, you’ve got to sell 27,500 euros worth of gold.
  • The VIP PLUS Table requires 98,000 euros in gold sales. Good luck.

Granted, you can sell your gold back to the company at any time, but it’s still weird to be compensated 100% with company product – no cash income from this job.

Recap

It’s nice to know that their product has a solid, verifiable value, unlike a lot of MLMs that go around basically selling magic beans and snake oil.

If you’re into gold investments, this is a great way to get a discount on your gold purchases as well.

But if you’re not looking specifically to invest in gold, there’s really no reason to go with this company. You don’t even get a paycheck.

And even if you are looking to invest in gold, you better be really good at sales and have a lot of marketing experience, because you don’t start earning perks and discounts right away unlike most MLMs.

You have to sell a pretty hefty amount of gold to even catch yourself a 10% discount, and even then it’s not really a discount on the value of gold but rather a waiving of their processing fee.

So, do you have lots of wealthy friends who are looking to buy gold from you?

If not, SwissGolden might not be the best option for you.

As I’ve shown throughout this review, I’m not a Swissgolden hater. I actually admire a lot of things the company has done. But I wouldn’t waste my time trying to make side income with this business.

It’s still MLM, and MLMs are known for getting hot and then falling off the grid a few years later.

If you like automated ways to build passive income, there are better ways.

(and you can trash those old MLM habits, too)



from MLM Companies

Saturday, December 10, 2016

Touchstone Crystal – poor man’s Swarovski or solid business?

For all the women (and men, not judging) out there who love their glitter and sparkles, this MLMs got more glitter than RuPaul’s dressing room.

Their website lures people in with the phrase “Glittering Opportunity with a Sparkling Heritage.” Oh, and they don’t have distributors…they have “Glambassadors”.

They’re a part of the Swarovski brand, and they’ve made a killing.

Does this mean I’m involved?

This video explains everything:


Make sense? Either way, here’s the full review on Touchstone Crystal.

Overview

Swarovski is the leading producer of fine crystals from Austria, founded back in 1895. In 1977, they entered the fashion jewelry market in the United States while fashion designers and style fiends rejoiced and have been covering their designs ever since. [1]

They’re massive – in 2011 they hit $4 billion in annual sales.

Touchstone Crystals brought a little piece of Swarovski Crystals to the direct selling world, all thanks to Swarovski’s North American president, Dan Cohen, who is also the great-great-grandson of the founder of Swarovski. The guy clearly knows selling crystals like the back of his hand. [2]

The company’s Managing Director, Liz DiPaolo, was brought in to launch and run the direct selling component. She’s a 25-year industry vet with experience in direct selling, sales, and operations.

Touchstone Crystal has been getting some serious buzz, especially in the past year.

The company designed and launched its first jewelry collection for in-home parties in 2010. Their collection is unique to Touchstone Crystal, so you can’t go buy it from a regular Swarovski vender.

Here’s the thing – this is yet another MLM still trying to sell their product through in-home parties. While this might work well for a select few, for the most part, it’s a tough sell.

Women have jobs and lives nowadays, they aren’t desperate housewives sitting around bored all day watching soap operas. How many women do you know that have time to spend a day at a jewelry party to listen to their friend’s sales pitch? How many actually want to?

That’s the problem with these MLMs who can’t keep up with the times. But, I digress. Let’s check out the products and compensation.

Products

Remember, supposedly this isn’t just some cheap costume jewelry you’d find at Forever 21 marked up to $100 instead of $10. This is jewelry designed and manufactured by Swarovski…so at least you know you’re getting quality.

However, if you actually look at their products, they’re definitely not up to par with what you’d see in a Swarovski store. They are, in fact, costume jewelry, although prices aren’t insane. They’ve even got an under $50 category.

That being said, a lot of this stuff, especially when it’s not on a hot model in perfect lighting and retouched in Photoshop, looks like it should be priced closer to $10.

Think slightly better than Origami Owl…but not much.

Stella & Dot seems to be a little more fashionable when it comes to styles and designs.

They sell necklaces, statement pieces, rings, bracelets, earrings, and even bridal jewelry.

They’ve also got pieces that incorporate pearls, birthstones, sterling silver, and even “gold” (gold-ion plating). A “gold” necklace with massive, cheap rhinestone jewels costs $150. A long necklace featuring crystal pearls costs $140.

All in all they’ve got almost 500 different products to choose from at a huge range of prices (between $30-150). [3]

Don’t get me wrong, there are some nice pieces. But it’s nothing you couldn’t go pick up at the mall (and for less money, if you know how to score deals).

Opportunity

If you really want to figure out how much money you’d make with Touchstone, you have to be honest with yourself here in regards to how many parties you could really host as a “Glambassador”.

How many times are you willing to ask the same friends to come to your necklace parties on their day off and listen to you try to sell them stuff?

The company recommends holding one party a week. Even if you can double that and hold two parties a week, based on their commission rate and average party sales, you’d be netting an unimpressive $1,400 a month. [4]

That’s barely above minimum wage – except that if you go work for McDonald’s, at least you’ll still have friends when it’s over.

Plus, two parties a week isn’t really feasible. One is hard enough – a lot goes into convincing large groups of people to give up their weekend to hold these parties and buy your stuff, because again, they usually aren’t interested.

So most people aren’t even making that much. Or anything at all, for that matter.

But, anyway, if you’re still interested, here’s what their compensation looks like…

  • 25-40% commission on sales, pretty standard
  • Free jewelry for hosting (up to 30% of sales), also standard
  • 9% on your direct recruits’ sales, not bad [5]

You can join for $139 if you want their basic starter kit and $299 for the enhanced starter kit. Pretty spendy, but you do get a lot of jewelry, catalogs, and training materials.

Recap

If you happen to like their jewelry, and if think your friends will too (even after the 10th time they’ve attended one of your glam parties), this could be a fun side gig.

Their compensation plan is pretty good, and the company is transparent and well-run.

But the reality of these kinds of MLMs is that most of their distributors don’t make money, even if they are called “Glambassadors”…because this model just doesn’t work anymore.

I’m not a Touchstone Crystal hater at all. But when it comes to making money, I think your time could be better spent elsewhere.

If you like automated ways to build passive income, there are better ways.

(and you can trash those old MLM habits, too)



from MLM Companies

Friday, December 9, 2016

Stemtech is losing steam fast, will they survive?

Stemtech is medical stem cell technology meets direct sales.

Instead of capitalizing on healing herbs and magical plants, this health and nutrition MLM goes futuristic by basing their product in stem cells – they call themselves “THE Stem Cell Nutrition Company”.

Does this mean I’m involved?

This video explains everything:


Make sense? Either way, here’s the full review on Stemtech. Enjoy.

Overview

Ray Carter started Stemtech back in 2005 as the business venture for a group of DLT scientists who had discovered the benefits of a freshwater plant called Aphanizomenon Flosaquae (AFA), namely that it caused the human body to release more stem cells.

Ray partnered up with the scientists and started out with launching a single AFA product. Within a couple years, a groundbreaking study on stem cells was published in Cardiovascular Revascularization Medicine backing their product and helping solidify their place in the industry. Sounds legit.

They were ready to take over quick. By 2008, Stemtech had opened offices in more than 12 countries. In 2009, they were chosen as one of the U.S. Direct Selling Association’s three Rising Star companies. [1]

They basically kept the awards rolling in every year, making the Inc. 5,000 list of fastest growing privately-held companies in America in 2010. In 2011, they launched two new products and made record sales in over 20 countries.

Stemtech really got lucky with the timing of their product. They got to ride a wave into success with the stem cell frenzy that really peaked just as they were solidifying themselves. Some scientists even won a Nobel Prize in 2012 for their research on stem cells and 2013 was even named the “Year of the Stem Cell”. [2]

But is this just yet another trend that an MLM can ride into success until they crash miserably?

Well, not much seems to have been happening since their peak in 2013. They moved their headquarters to Florida in 2014 because of the low taxes, and that’s about all anyone’s heard of them since. [3]

While interest in stem cells hasn’t floored, it has actually gone down pretty steadily…

But I guess that’s the nature of MLM.

Products

Their stem cell nutrition products are what they’re known for, but they now cell “eco products” too (let’s be honest, who doesn’t?)

Their “eco product” line consists of a product called D-FUZE, which is actually a filter for your cell phone that protects you from EMFs (electromagnetic frequency) through what is basically a sticker you stick on your phone that claims to diffuse these waves.

Basically, the filter is infused with “Vital Force Technology”, and there are “anecdotal reports” from people saying they’ve noticed a difference in the experience of using their cell phones. Hmmmm. [4]

It’s $30, which I guess isn’t much considering it’s a one-time purchase, but does it actually do anything?

A lot of MLMs are starting to sell similar products, but it still isn’t really known whether or not they can actually protect you from anything or they’re just overpriced phone stickers.

Stem Cell Products

  • Stemrelease3
  • StemFlo
  • ST-5
  • StemSport
  • DermaStem
  • StemPets
  • StemEquine

Their stem cell products run the gamut, from products for humans to pets to horses.

Stemrelease3 is basically a reiterated version of their original product, which is a supplement that supports the natural release of stem cells. No, you’re not eating stem cells, gross. The pills don’t contain any stem cells, they contain a plant that encourages the release of stem cells in your body.

According to the US National Institutes of Health, stem cells help with tissue maintenance and repair. [5]

The product also helps maintain telomere health. Don’t know what that is? Most people don’t. Telomeres affect our aging and lifespan. Sooo, basically it helps you live longer, supposedly.

Of course, none of these claims have been backed by the Food and Drug Administration.

StemFlo supports healthy circulation and blood flow.

ST-5 optimizes stem cell migration and supports whole body wellness.

StemSport are chewable tablets designed for athletes, that are basically a combination of StemFlo and Stemrealease.

DermaStem is a skincare product that makes you look younger.

StemPets is a stem cell enhancement product for dogs and household pets. Kinda weird.

StemEquine is stem cell nutrition for horses.

Once again, none of these products and their claims are backed by the FDA.

That being said, there is some scientific research to back up this company’s claims.

One study in the Journal of Stem Cell Research & Therapy suggests that the supplement’s ingredients do actually produce more stem cells. [6]

Other studies show that their products support cardiovascular health and even help heal wounds quicker. [7]

Opportunity

Their distributors – Independent Business Partners – sell their products in 20 different countries around the world. In fact, only 10% of them are from the United States.

As with many nutrition MLMs, anyone who is interested in buying a monthly supply of their product is pushed to become a distributor in order to get the product discount.

To remain active, you need to have a minimum of 50 PPV in AutoShip (minimum of one bottle). This gets you qualified for TeamBuilder bonuses of up to a 50% matching bonus.

Independent Business Partners make retail profit, so the difference between their discount and retail price, which isn’t a ton.

The real money comes from recruitment, of course. Stemtech pays out 7% on up to 7 levels deep…not a fantastic commission rate.

That being said, you can get paid out on infinity levels deep if you rank high enough. You can’t get more than 50% on any one leg, though.

They also have a Lifestyle Leadership Bonus that pays 3-10% on all orders with BV over 100 with generational bonuses up to six generations. Then there are Lifestyle Infinity Bonuses of up to 1-3% on all generations of your group starting with the 7th generation.

And of course…a car bonus.

Recap

Alright, so they’ve got a super-science experiment for a product, and even though it’s not fully recognized by the FDA, it’s got some studies behind it.

But the company seems stagnant, and the market might be drying up.

Regardless, can you even make good money? At these commission rates, probably not.

Look, as I’ve shown throughout this review, far from a Stemtech hater. But it’s still MLM and the industry has flaws.

If you like automated ways to build passive income, there are better ways.

(and you can trash those old MLM habits, too)



from MLM Companies

Thursday, December 8, 2016

Why TriVita didn’t live up to its hype

Another miracle juice MLM, another day. TriVita is no different, at least on the surface.

Their magical ingredient? Cactus. Claiming it was a “cure-all” for nearly everything, up until the FTC finally cracked down on their false claims in 2014. [1] But not before they had made a nice run.

Does this mean I was involved?

This video explains everything:


Make sense? Either way, here’s the full review on TriVita.

Overview

Income for their distributors? Not great, especially after they recently reduced compensation by a whopping 20%. [2]

So, is there any reason to join TriVita?

Well, they had some good buzz going for a while.

Their name comes from two Latin words, Tri (three) and Vita (life). It refers to what the owners call the three key aspects of life: physical, emotional, and spiritual.

Their founder, Michael Ellison, started TriVita back in 1999 after he had a major personal health crisis. He realized how important wellness is, not just to our physical lives, but to our emotional and spiritual lives as well, which inspired him. [3]

Their CFO, Don Kurtenbach, is a financial whiz. Bruce Erickson, the CIO, also has decades of experiences not only in business but also in the healthy living industry.

So, they’ve got a really solid leadership. I think that’s a huge reason why they’ve stayed around for so long.

They were actually ranked #80 in the world for network marketing companies by revenue, having hit $120 million in sales in 2013.

Unfortunately, that may have been their peak. The company has been tanking ever since then, and they’ve lost pretty much all their steam.

Products

As with a lot of successful nutrition MLMs, TriVita has an insane amount of products. Seven whole pages. [4]

Nopalea is their signature product. It’s their magical cactus juice.

But for real, it’s a “nutrient-rich drink from the Sonoran Desert” that is meant to support the immune system and reduce inflammation. It’s made from the superfruit of the prickly pear cactus, originating in the Sonoran desert. The nutrients found in the prickly pear cactus are called Betalains, and they have strong antioxidant powers.

The plant, supposedly, is super high in nutrients because the conditions of the Sonoran desert are so harsh that it needs more nutrients to survive.

Of course, no health claims are backed by the FDA.

And just two years ago, TriVita settled a $3.5 million claim with the FTC for “over-hyped health claims”.

Specifically, they used to market the drink as “inflammation relief without a prescription”, among other claims, but when challenged by the FTC, TriVita couldn’t provide sufficient scientific evidence to back their claims. [5]

That being said, people obviously like the product. That, or a lot of people are buying into it just for the rights to resell it.

They’ve got a number of other health products, from supplements and vitamins to beverages and essential oils, in the following categories:

  • Healthy inflammation
  • Bone, joint and muscle
  • Digestion, detox and regulatory
  • Stress management
  • Energy, stamina and performance
  • Heart and blood vessel
  • Men’s and women’s health
  • Nutritional
  • Weight management
  • Healthy blood sugar
  • Sleep
  • Vision
  • Immune system
  • Brain and nerve health
  • Essential oils

Opportunity

TriVita calls their distributors “Affiliate Members”, and they enjoy a range of bonuses and benefits:

  1. Weekly Fast Cash Bonuses
  2. Visa/MasterCard pre-paid debit
  3. Residual monthly compensation
  4. Leadership bonuses
  5. Career plan recognition
  6. Leadership training events
  7. Special team building events
  8. Periodic promotions and incentives

That’s all great, but only a few of those involve cold, hard cash.

The compensation plan is needlessly confusing, but that’s par for the course in MLM.

Your first 90-days you get paid commission on 100% of the product price. After 90 days, you only get paid commission on 80% of the product price. Exact commission depends on the product and your rank, but it’s around 20-30%, which is pretty standard.

For example, if you sell a $40 bottle in your first 90 days, and your commission rate is 30%, you get 30% of $40, or $12, in earnings. After 90 days, if you sell a $40 bottle and your commission rate is 30%, you get 30% of $32, or $9.60.

You get some other great bonuses starting out, but after 90 days your earnings will start to drop. Lots of MLMs structure their compensation like this to motivate people in the beginning, but your earnings aren’t sustainable unless you can really recruit.

You’re paid group compensation on two uni-level plans, one for member purchases and one for affiliate member purchases.

Member uni-level commission

  • Tier 1 gets 21%
  • Tiers 2-7 get 4%

Affiliate member uni-level commission

  • Tier 1 gets 3%
  • Tiers 2-7 get 7%

There are also monthly leadership bonuses. [6]

Recap

Overall, it’s not the greatest commission plan. It lacks a lot of the bells and whistles other compensation plans have (tons of different bonuses, trips, cars), but a lot of those are superficial anyway. I appreciate the simplicity of only giving reps 3 ways to earn.

That being said, the way they break down those 3 ways to earn really isn’t as simple as it could be. In the end, earnings are nothing special.

The product isn’t backed by a lot of scientific evidence, and they’ve even come up against a major lawsuit in the past. But people still seem to like it. Or they’re just getting duped.

The company has been around for a while and their sales numbers were huge at one point, which is really the bottom line when it comes to any company. But can they sustain their business?

It’s not looking good. As with many other nutrition MLMs that don’t offer anything unique, they got some initial buzz but it’s long died down.

I’m not a TriVita hater by any means. In fact, the company did a lot of things well. But as far as money making opportunities go, there’s hardly one here.

If you like automated ways to build passive income, there are better ways.

(and you can trash those old MLM habits, too)



from MLM Companies

Tuesday, December 6, 2016

Why Stella & Dot continues to trend in the MLM space

Trunk shows, independent stylists, boutique-style jewelry…if there’s one thing this MLM has down pat, it’s the lingo.

What fashion-loving woman wouldn’t want to hold “trunk shows” in her home, score free jewelry, work in “social selling” and be able to call herself a professional “Stylist” on her Facebook page? (That is, of course, until her network marketing tactics cause everyone on Facebook to unfriend her.)

Stella & Dot may seem like the typical MLM, but what’s not typical about these guys is that they’re still trending after a decade in the game.

Does this mean I’m involved?

This video explains everything:


Make sense? Either way, here’s the full review on Stella & Dot.

Overview

Stella & Dot was founded in 2007 in San Francisco by stylish power-duo Stanford grads Jessica Herrin and Blythe Harris. [1]

Both were already successful entrepreneurs – Herrin’s business know-how had already led her to start WeddingChannel.com and be featured on Oprah, while Harris’s creativity put them over the top with fantastic designs created by the same people who work for places like Neiman Marcus and Fred Segal. [2]

Jessica Herrin had actually dropped out of Stanford Business School to found her first successful company, which she eventually sold 5 years later for $78 million – sounds like a lot of top entrepreneurs. [3]

Stella & Dot caught on fast. It’s an Inc. 500 Fastest-Growing Company. [4]

Their designs have been featured on Gossip Girl, In Style, and Lucky Magazine.

Jessica Herrin has grown Stella & Dot’s revenue exponentially, reaching upwards of $300 million annually. Herrin herself is worth $135 million, making her one of Forbes’ “Self-made women to watch”. [5]

She’s inspired her distributors for sure, but her reach goes even further now that she’s publishing a book called Find Your Extraordinary, which is all about helping people “dream bigger, live happier, and achieve success on your own terms.” [6]

Everyone from The Today Show, Wall Street Journal, and The New York Times has praised their “innovative social selling model”. [7]

But if there’s one thing MLMs are best at, it’s rebranding – isn’t this just a new name for the same old direct selling game?

Products

Stella & Dot sells stylish, expertly designed jewelry and accessories and caters mostly toward women. The categories of their products are:

  • Jewelry
  • Bags
  • Accessories
  • Collections
  • Covet (their luxury line of fine jewelry and leather accessories)

Their jewelry is designed in San Francisco and New York by top designers, and it is very cute and trendy. Their products have been featured on Vogue, In Style, and The New York Times. Half their collection is under $50.

Jewelry includes everything from necklaces, earrings, and bracelets to rings, charms, watches, and jewelry display and storage. A good amount of their jewelry is under $100, with earrings in the $30-50 range and necklaces in the $50-100 range. Not cheap, but neither is their quality.

Bags include purses, clutches, totes, wallets, and weekenders. Wallets and clutches are in the $50-100 range whereas purses and weekenders range from $80-150.

Accessories include sunglasses, scarves, tunics, sarongs, and bag charms. Scarves are around $50-70, sunglasses around $100-130, and sarongs are $49.

Covet is their more expensive “luxury line” featuring fine jewelry and leather goods. The jewelry is 14k gold and some include diamonds, while the bags are crafted from pebble-grain leather. They’ve got yellow gold and white gold necklaces in the $300 range and leather bags from around $100-250.

Again, they’re masterful when it comes to marketing these products and pushing the image of high-fashion. Aside from calling their parties “trunk shows”, their Covet line encourages people to host “pop-up shops” (way to ride the trend wave) featuring these luxury items.

They also have a look-book featuring looks put together from their various items. [8]

Opportunity

If you do decide to become an Independent Stylist and host Trunk Shows, what does your income really like?

You get free product, definitely. A trunk show could score you $250+ in free jewelry if you can rally up your #girlsquad to buy stuff from you.

  • If you sell $300-499, you get $45-75 in free product and 2 50% off items
  • If you sell $500-999, you get $100-200 in free product and 3 50% off items
  • If you sell $1,000+, you get $250-500 in free product and 4 50% off items

Overall, Stella & Dot has paid over $300 million in commissions to 50,000 stylists. That’s actually not bad. [9]

It’s an average of $6,000 per distributor. Believe it or not, this is better than most MLMs.

The commission plan is also very simple and transparent.

Personal sales commission is paid out weekly, and it starts at 25%.

25% isn’t bad but it isn’t great. That being said, you can up your commission rates with their monthly power seller bonus:

  • 2,500 QV+ gets you 30% commission
  • 5,000 QV+ gets you 32% commission
  • 10,000 QV+ gets you 35% commission

Then, of course, you’ve got your team sales commission.

Payouts are based on CV, and you can earn down to your 5th generation, but only if you hit a double diamond director rank.

Starting out, you make 4-6% on your level 1 recruits. A few jumps in rank will get you 8% on level 1 recruits and 3% on level 2 recruits.

Commissions on level 1 get up to 10% and level 2 gets up to 5%. Generation 1-5 commissions vary from 1-2.5%.

There are also some one-time promotion bonuses. If you can get up to the high-level ranks these bonuses hit the 5-figures, which would be awesome except that it’s near impossible to get that far.

Recap

So, this is a trendy MLM that can definitely attract recruits and grow. And the founder knows what she’s doing for sure.

Having a good product, growth, and fun opportunities for distributors is great but it doesn’t mean you make a killing. And with MLM, you almost never do.

But it’s a fun side gig, especially if you’re into jewelry.

If this is something you’d have fun with and you have a nice warm market of jewelry buyers, you could go ahead and give it a shot and see how it goes. Just don’t plan on getting rich overnight.

Stella & Dot is still MLM, and MLMs are known for getting hot and then falling off the grid just years later.

If you like automated ways to build passive income, there are better ways.

(and you can trash those old MLM habits, too)



from MLM Companies