This review is all about the Color Street. Do you want to know if this MLM business is legit or just a scam? Are you curious if you can really earn from this opportunity? Well, I suggest that you read this review in order to clear your doubts about it.
Company Name: Color Street
Owner: Fa Park
Price to Join: $129
My Rating: 6.5 out of 10.0
What is the Color Street?
Color Street is a multi-level marketing company that is known for selling nail polish strips. The products are not unique, but they make the process of making your nails look good a lot easier. I can definitely see the value that the products provide to someone who doesn’t like applying nail polish on their own.
Since this is an MLM company, you can make money by becoming a distributor and they call them as Independent Stylists. By the way, Fa Park is the founder of this company and it all started when he saw a woman in a cab trying to paint her nails. Later on, he made the nail polish strip that the company is known for.
In this review, I will take a closer look at this company and try to determine whether this is a scam or not. This is based on my honest research about it. I recommend that you read the entire review before thinking about joining this company.
How Does Color Street Work?
Let us take a look at the ways of earning money through the compensation plan of this company.
The company pays a base retail commission of 25%, which is not bad. When your personal volume is more than $600 per month, then you can start earning more than the base retail commission. You can earn as high as 35% commission on your retail sales if you are able to achieve a high personal volume in a month.
It would be impossible to do that without selling a lot of products.
This bonus is paid on your personally sponsored distributors (E1s) as well as their personally sponsored distributors (E2s). You can earn 3% bonus on all of their personal volume so you can earn a total of 6% bonus on the personal volume of your E1s and your E2s.
You can earn this bonus from your E1s just by sponsoring them and to earn on your E2s, you will have to reach the rank of Team Leader or higher.
LEADERSHIP LEVEL BONUS
This bonus is paid on the sales of the people on your various levels,up to four levels. You can start earning this bonus on all four levels when you qualify for the rank of Director or above.
The people that you directly sponsor are on your first level and the people that they sponsor are part of your second level and so on. Basically, this bonus is based on the rank that you are qualified for.
LEADERSHIP DEPTH BONUS
You need to qualify for the rank of Senior Director if you want to earn this bonus. This bonus pays you 1.5% beginning on your 5th level and it is paid until the next Senior Director is found in your downline.
This bonus pays you 1.5% on your team’s volume. It is paid to the Executive Director or higher ranks so most people will have a hard time trying to earn this bonus.
There are several other ways of earning money through the compensation plan of this company like the National Leadership Bonus Pool. The most important thing to remember is that everything depends on your rank and your downline plays an important role in qualifying for higher ranks.
In simple words, there is no way that you can get the maximum benefit of the compensation plan without the support of your downline.
How Much Does It Cost to Join?
There are two kits that you can choose from when you decide to join in Color Street. The first kit is called Basic Starter Kit and the second one is called Deluxe Showcase Kit.
The Basic Starter Kit costs $129 and it contains products, training tools, order forms and everything else that you may need to start this business. Deluxe Showcase Kit costs $299 and it includes more products when compared to the Basic Starter Kit.
How Much Can I Earn?
There is no doubt that the competition is not as tough compared to other niches thus making it easier to sell the products. The company focuses on selling the products through house parties so you might have to host a lot of them.
The parties provide an opportunity to showcase the products, but you may lose money if you don’t make a lot of sales. But you can definitely make good sales if you put some effort.
I think that you will most likely won’t be able to build a strong downline even if you put in the effort. The problem is that most people fail in multi-level marketing companies and many people in your downline might quit in the long run.
There is no guarantee that those who stay will do well. So the earnings of most people will be limited because of failing to build a strong downline.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
It is very hard to build a long-term sustainable business.
The company focuses on selling limited products instead of going for diversification.
In my opinion, Color Street is not a scam. They still offer some helpful information on how you can start your own business. The company is also a little better than most MLM companies, but still your chances of success are low.
You may look into this company if you think that you can build a strong downline and also like the products. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches entrepreneurial skills
- Good earning potential if done right
- Climb the ranks to earn more
- Support can be improved
- Need to build a strong downline
I know that you want to invest in Color Street because you want to change your way of living. I feel that you want to have a new source of income.
But let me tell you that this type of business is not that easy. It requires patience and perseverance to learn new things.
On the other hand, if you are still looking for new source of earning, then you can also take a look into my personal choice. My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. And it doesn’t require any selling.
Right now, I am on my second year in this type of business and I am already enjoying the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about the Color Street, feel free to comment it below and I would be glad to interact with you.
Please let me hear your experiences and personal concerns on the comments below!