This review is all about the Premier Designs. Are you wondering if this MLM company is legit or just a scam? Do you want to know if you can earn from this opportunity? Well, I suggest that you read this review in order to learn more about it.
Company Name: Premier Designs
Price to Join: $395 – $795
My Rating: 6.6 out of 10.0
What is the Premier Designs?
Premier Designs is a multi-level marketing company that has been around since 1985 and it focuses on selling jewelry. They offer jewelry in all the usual categories like necklaces, bracelets, earrings, watches, charms and rings.
There is no doubt that they offer a huge selection of products and having more products to sell is always a good thing. They are also priced right as the prices are not high and each piece of jewelry looks unique. I like the fact that the website shows products that should be bought together to complete the look. By the way, the founders of this company are Joan and Andy Horner.
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 Premier Designs Work?
Now it is time to take a look at the ways of earning money through the compensation plan of this company.
The company pays 50% commission on retail sales, which is a really good percentage. There are MLM companies that pay 20% or 25% commission on retail sales in the beginning while this company pays 50% commission from your first day. So you will receive half of every sale that you make at the suggested retail price.
With the high number of products, you can make a decent amount of money through retail sales.
I don’t think that there are any qualifications that you have to meet to earn commission from retail sales. However, you will have to renew your Independent Distributor Application and Agreement each year to keep earning from retail sales. So in a way the annual renewal fee is the requirement for earning commission from retail sales.
Like other multi-level marketing companies, this company also rewards you for building your downline. The company pays 10% of the qualifying commissionable volume that is generated by Jewelers in the first three levels of your downline.
Your first level includes the people that you recruit and your second level includes the people that the Jewelers on your first level recruit.
Obviously, your third level includes the people that are recruited by Jewelers on your second level. Let me explain how the commissions are paid. When someone in your downline makes a sale, 50% of the sale goes to them.
The remaining 50% is taken by the company and out of that 50% the company pays you 10% for being the upline. On a sale of $500, your downline will earn $250 and you will earn $25.
You need to have $300 commissionable volume in personal retail sales every month if you want to earn commission from your downline. I think that this requirement is high, but it is also true that the company pays a high commission on the sales of your downline.
There are some other ways of earning money, but I have already explained the major ones to give you an idea about the compensation plan. I think that the ways of earning money are limited when compared to several other MLM companies. However, there is no doubt that the company pays higher than most of the other MLM companies.
Overall, the compensation plan has its advantages like the high pay, but it also has its disadvantages like the high requirements and the limited ways of earning.
How Much Does It Cost to Join?
The starter kits that Premier Designs offers are more expensive than the starter kits of most multi-level marketing companies. Here are the starter kits and their prices.
Simple Sparkle: $395
Bling It On: $595
Luxe Launch: $795
The more expensive starter kits have more products, but all of them offer the same jewelry discount. Most MLM companies offer starter kits for $100 or even less, but here the cheapest starter kit is around $400.
It is disappointing that the company doesn’t have any affordable options for joining.
How Much Can I Earn?
In any MLM company, the odds are stacked against you from the minute that you decide to join, but the situation may be worse with this company. The products of the company aren’t high-quality products and there are cases where the customers have complained about them. If the product breaks after buying, then the customer will surely try to avoid making any more purchases from the company.
The products can be hard to sell because of their low-quality. The cost of joining is also high and some people may even struggle to recover the initial cost of joining. The religious aspect of the company can be an issue as some distributors or customers may avoid the company because of its religious affiliation.
Honestly, I don’t think that you have a good chance of earning a full-time income through this company. Only few people will succeed in this business.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
Too much competition in this niche.
It’s hard to get people to commit sometimes.
In my opinion, Premier Designs is not a scam. They still offer some helpful information on how you can have a new source of income.
On the other hand, I must say that you may find it challenging if you are not fond of the products offered. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches entrepreneurial skills
- Can be a new source of income
- Climb the ranks to earn more
- Team building can be overwhelming
How Do I Personally Earn Money Online?
I know that you want to invest in Premier Designs because you are eager to find a new source of income. I also feel that you want to have more time for your family and friends.
But let me tell you that this type of business is not for everyone. If you don’t have the passion towards selling and recruiting then you may find it challenging.
On the other hand, if you are still looking for a new source of income, then you can also take a look into my personal favorite 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. What I like about it is that it doesn’t require any selling or recruiting.
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 Premier Designs, 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!