Is Color Street A MLM
What is Color Street?
Color Street is a relative newcomer to the world of MLMs, but it has already made quite a splash. The company specializes in nail wraps, which are essentially strips of colored vinyl that can be applied to the nails for a quick and easy manicure. According to the company, their products are safe and easy to use, and they offer a wide range of colors and designs to choose from.
The Products
Color Street is a beauty company that sells nail strips, which are similar to press-on nails. The product is available in over 300 designs and costs between $11 and $13 per set. The company also offers a buy-three-get-one-free deal on its website.
The strips are made of 100% real nail polish and are said to be easy to apply and remove. Each set includes 16 double-ended strips, which means that each strip can be used twice. The strips are also heat resistant and waterproof.
The Business Opportunity
Color Street is a direct selling company that offers a unique product: 100% nail polish strips that are easy to apply, durable, and affordable. The company was founded in 2015 by four entrepreneurs who saw a gap in the market for quality yet affordable nail products.
The business opportunity that Color Street offers is simple: you can earn money by selling their products and recruiting other people to sell them as well. You can also earn bonuses and commissions by hitting certain sales targets.
The company provides everything you need to get started, including training materials, a personalized website, and marketing support. You can join Color Street for free, but there is a $49 starter kit if you want to start selling right away.
Color Street is a legitimate way to make money, but it's important to remember that it is still a direct selling company. This means that your success will depend largely on your ability to sell the products and recruit other people to do the same. If you're not comfortable with this type of business model, then Color Street might not be the right opportunity for you.
The Compensation Plan
Color Street is a Multi-Level Marketing company that markets itself as a 100% passive income opportunity. The company sells nail polish strips and claims that you can earn a full-time income by simply sharing the product with others.
The Compensation Plan
In order to make money with Color Street, you must first become a “consultant” by paying a $129 sign-up fee. This fee gives you access to the company’s website and allows you to start selling products.
As a consultant, you earn commissions on the sales of products that you make, as well as commissions on the sales of products made by people who you have recruited into the business.
The commission rates vary depending on how much product is sold, but consultants can earn up to 40% commission on product sales. Recruitment commissions are also paid out, but the exact amount is not disclosed on the company’s website.
In order to qualify for commissions, consultants must meet monthly sales quotas. These quotas start at $200 per month and increase to $500 per month after 3 months in the business. If these quotas are not met,the consultant will not receive any commissions for that month.
The Pros
Color Street is a relatively new company, so it lacks the lengthy track record of some of its competitors. But in the short time it's been around, Color Street has shown itself to be a reliable and reputable company.
Some of the pros of being a Color Street distributor include:
• You can earn a decent income. The company says you can earn up to 40% commission on sales, which is higher than most MLMs. And since the average order is around $160, that means you could potentially earn over $60 per sale.
• There are no minimum inventory requirements, so you don't have to worry about carrying or storing products.
• There is a low start-up cost of only $99, which makes becoming a Color Street distributor more affordable than starting up with many other MLMs.
• You can work part-time or full-time, and there's no pressure to build a team or recruit other distributors. You can simply sell products and earn commissions on your own sales.
The Cons
Color Street is a MLM company that sells nail strips. Here are some cons of the company:
-The quality of the strips is not always consistent. Some people have had strips that peel off easily, or that are difficult to apply.
-You can only buy the strips through a Color Street consultant, so if you want to try them out you have to find someone who sells them. This can be difficult, and it can also be expensive if you buy a lot of strips at once.
-The company has been accused of being a pyramid scheme by some people. This means that they make most of their money by recruiting new consultants, rather than by selling products.
The Bottom Line
The bottom line is that Color Street is not a pyramid scheme or a scam. It's a legitimate direct selling company that offers a unique product. If you're interested in becoming a Color Street stylist, there are definitely worse ways to go about it. However, there are also plenty of other direct selling companies out there that may be a better fit for you.