Tuesday, November 20, 2018

Paparazzi Accessories: Cheap and trendy wins the day [Review]

papaPaparazzi Accessories is a popular network marketing company that sells cheap, trendy jewelry via the direct sales model.

There are entire stores in the mall dedicated to cheap necklaces and earrings that break or tarnish after five wears (hint: Forever 21) because, honestly, cheap fashion is what the people want.

They want runway looks that cost them pennies on the dollar, and they don’t care if they only get to wear them once or twice. When a necklace costs you $5, you just go buy a new one.

That’s basically the concept behind Paparazzi Accessories: trendy, subpar quality jewelry at low, low prices. $5, actually, for everything on the site.

So should you get involved with Paparazzi? We’ll let you decide.

FAQ

1. What does Paparazzi Accessories sell? Paparazzi sells trendy accessories—necklaces, bracelets, earrings, rings, and hair accessories—that are cheap, lead-free and nickel-free (a rarity with low-cost jewelry), and always changing.

2. What are Paparazzi’s most popular products? Each month, Paparazzi creates a Fashion Fix with coordinating pieces of jewelry that fit the current styles and season. You can also build your own personal showroom filled with $5 accessories to choose from. It makes jewelry selection super easy.

3. How much does it cost to join Paparazzi? You can join Paparazzi Accessories by buying one of three starter kits: the $99 Preview Pack, the $299 Small Home Party Kit, or the $499 Large Home Party Kit.

4. Is Paparazzi a scam? No, Paparazzi Accessories is a real business, selling real products. But will you get rich selling inexpensive jewelry? Probably not.

5. What is Paparazzi’s BBB rating? F

6. How long has Paparazzi been in business? Since 2010

7. What is Paparazzi’s revenue? $500,000 to $1 million

8. How many Paparazzi distributors are there? No numbers have been shared online.

9. What lawsuits have been filed? We didn’t see any lawsuits listed online.

10. Comparable companies: Stella & Dot, Origami Owl

For stylin’ women who don’t want to wear the same thing twice, Paparazzi is a dream come true. But when it comes to the income opportunity, there are more sustainable options out there.

Click here for my #1 recommendation

Either way, here’s the full review on Paparazzi Accessories.

Overview

The company was founded in 2010 in Hurricane, Utah.

The mission on their website states:

“We believe that trendy accessories can be available, and affordable, to women everywhere.”

Even starving children in Haiti! Everyone deserves to look fabulous! Touching, really.

The company was launched by sisters Misty and Chani as a fun side hobby, but it blossomed quickly due to their low prices. Within 6 months, they’d already grown 900%. [1]

How much does Paparazzi Accessories cost?

Getting started with Paparazzi Accessories requires you to buy one of three starter kits:

Preview Pack – $99

  • 35 Pieces of jewelry
  • $175 retail value

Small Home Party Kit – $299

  • 120 Pieces of jewelry
  • $600 retail value

Large Home Kit – $499

  • 200 Pieces of jewelry
  • $1,000 retail value

There’s no monthly minimum for consultants, but to be considered active and qualify for bonuses and team commission, you need to purchase at least 50 PV per month.

Products

All Paparazzi products are individually designed and sourced by Misty and Chani, and they work directly with the manufacturers, according to their website. I’m going to guess that by “directly” they mean “via emails across the globe,” because at $5 a pop, these babies have to be manufactured by children in China.

Turns out that, yep, all accessories are made in China. They’re all also lead-free and nickel-free.

The actual designs are cute and trendy, similar to what you’d find in an H&M or Forever 21. They probably don’t last long, but at $5, who cares?

Compensation Plan

There are 3 ways to make money with Paparazzi Accessories.

Direct Sales

Through your personal sales, you make retail profits on each sale. This is the difference between retail price and your wholesale price – the price difference with Paparazzi Accessories is 45% commission, which is pretty generous. Then again, everything is $5, so you’re actually only making $2.25/sale.

Build Your Team

Paparazzi has a hybrid plan that offers unilevel team commissions up to 3 levels deep and generational bonuses up to 3 generations deep, according to the chart below. Your organization is split into two legs that must remain balanced in order for you to achieve higher ranks. PV is your personal volume in sales per month, and OV is the sales volume for your entire organization.

Star Consultant (min. 50 PV): 5% commission on Level 1

Director (min. 50 PV, 3 personally sponsored consultants): 10% commission on level 1 & 5% on Level 2

Premier Director and above (min. 50 PV, 3,000 OV, and 3 personally sponsored consultants): 10% commission on Level 1, 5% on Levels 2 & 3

Generational bonuses look like this…

Executive Director (min. 100 PV, 6,000 OV, and 3 personally sponsored consultants): 1% on Generation 1

Producer (100 PV, 12,000 OV, and 3 personally sponsored consultants): 3% on Generation 1

Premier Producer (100 PV, 25,000 OV, and 3 personally sponsored consultants): 3% on Generation 1 and 1% on Generation 2

Executive Producer (100 PV, 40,000 OV, and 3 personally sponsored consultants): 3% on Generation 1 and 3% on Generation 2

Fashionista and above (100 PV, 75,000 OV, and 3 personally sponsored consultants): 3% on Generations 1, 2, and 3

You can see from the way the plan is structured that the company doesn’t care at all about your personal sales or your ability to personally sponsor and train recruits. Once you hit the 100 PV requirement, you never have to increase your sales rate again to move up in rank, and you also never have to recruit more than 3 people directly in order to move up in rank. It’s all about getting in early and getting your personal recruits to recruit heavily and so on. Don’t expect to receive great training or sales techniques from this company.

The company also offers a Business Building Bonus of 15% commission on your new recruits’ startup kit, a Legacy Bonus for people ranked A-Lister or higher, an Infinity Bonus for Luxe Jetsetters and Impressionistas (the two highest rankings in the company), and a Cash Bonus of $25,000 and $50,000 for hitting and maintaining the Luxe Jetsetter or Impressionista rank.

Online Bonus

This is just your 45% commission on personal sales, but through a personal website you’re given by the company when you become a consultant. In other words, it’s your profit off online sales on your own website. It’s the same thing as the first one, except you’re selling online instead of at cheesy in-home parties.

Recap

Paparazzi isn’t a scam, but it is just typical mediocre costume jewelry like you’d find at Origami Owl, and we’ve seen how they’re doing.

However, they might be onto something with this “$5 for everything” idea. In an industry where products are almost always overpriced, they offer some of the cheapest goods on the market. Everyone can afford a $5 necklace. And the stuff is trendy, too.

Are you going to get rich off of it? No. Will you make a few extra bucks? Maybe, if you’re lucky.

I’ve been involved with network marketing for almost ten years so I know what to look for when you consider a new opportunity.

After reviewing 200+ business opportunities and systems out there, here is the one I would recommend:

Click here for my #1 recommendation



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