Color Street MLM Review - Does it Look Like a Pyramid Scheme?
What's Color Street?
Another MLM program (also known as Network Marketing or Pyramid Scheme), whose primary purpose is to sign up, buy a product package and then encourage your family, friends, and coworkers, to do the same.
It is true, it's promoted almost exclusively by high-ranking MLM members who get paid through affiliate links
This is called selling out.
While it claims to teach how to become a network marketer, most members make very little by promoting products.
It is false. A 30% commission on nail varnish that is too expensive won't net you a lot of money.
It's possible to make it big online selling on average $1500 per month )...
This review must be honest.
Color Street contains great information to help you make money online, and receive decent commission checks.
This article will address the most frequently asked questions regarding network marketing and MLMs.
But most importantly, I'll show you how I built an internet marketing business that earned me more than $40,000 per monthly.
Network Marketing is my favorite system! It is a similar system, but much more lucrative and powerful.
This is a longer article.
Let's get to Color Street now!
Do you love Color Street Nail Polish?
Do you want to be asked to join their company?
I urge you to read this review before you make any decisions.
Color Street will also be evaluated to see if it's the best MLM program.
Let's talk about whether MLM is right and suitable for you.
Here are some answers to frequently asked questions about Color Street or MLM.
MLMs - What is Color Street?
Color Street is a multi-level marketing company (MLM), that specializes in nail arts and polish products. It was founded by Fa Park in 2017.
Color Street allows you to become a stylist (known as Stylists) in an MLM. They can open their own nail salon.
Color Street has more than 6,000 employees and generated $120 million more in 2019 . These facts could prove to be false and Color Street may be a fraud.
Color Street's headquarters are located in Clifton, New Jersey. It is joined by sister brands Coconut Nail Art, Incoco and Coconut Nail Art. There are approximately 1,100 employees.
Color Street History - When did Color Street Company Begin?
Park was stuck in traffic on a bus in 1988 when he noticed a woman doing her nails in a taxicab. Park bought nail polish and began to experiment with different types of paper.
Finally, he found a way of drying the top and keeping the bottom moist so that he could stick to his nail.
What Products are Available on Color Street?
Color Street products have a simple design. Nail polish strips are available in many colors and styles.
These strips come with a nail file/applicator and an application pad.
It is said that the strips are easy to apply to nails. The company even offers video tutorials.
The strips must be used within a reasonable amount of time (usually one week) from the date you opened the package. The products could dry out and become unusable.
Are Color Street and Incoco the Same Company? Both are MLMs
Mr. Fa Park founded both Color Street Nails and Innovative Cosmetics Concepts. Both companies are essentially one with similar products and different business models (the parent being Innovative Cosmetics Concepts span>
Innovative Cosmetics nails are available at Amazon.com and Walmart.com for nearly ten years. These nails work in normal conditions and have received great reviews.
Color Street products can only be purchased through Stylists who are distributors.
Think about this: Would you buy these strips from Stylists? Or would your friends and family buy them from you if they found out that they were half-off at Walmart?
Color Street has been defend by many people. They claim that Innovative Concepts will no longer be selling nail strips in their stores and will instead sell Color Street nail strips.
Color Street Review: Does Color Street Ruin Your Nails?
Color Street nail strip are made 100% from genuine nail polish. If applied correctly (with remover and not just pulled off),
Color Street MLM Review - Jamberry or Color Street Nail polish: Which one is better?
Jamberry wasn't established as a multilevel marketing firm like Color Street. Jamberry sold nail wraps, which were thin strips of fabric that have patterns that could be used to decorate nails.
Nail wraps weren't available at the time for purchase to the general public.
The founder of the company decided to convert it to a multi-level marketing agency because of its rapid growth.
The Multi-level marketing company was a success two years later. Ann Yee would become the first person to work with MLM businesses.
Jamberry shut down the doors in June 2018. Jamberry didn't say why, but it was clear that the MLM company could not afford to continue operating.
Jamberry is no longer in business so I will not compare Jamberry's nail polishes to Color Street polishes. Instead, I'll show you a photo that illustrates the differences between these brands.
Color Street Review - What makes Color Street Nail Polish Strips so special?
They only sell nail polish strips, making them a strong force in the nail-polish market.
Other companies offer nail products but they are not the same as Color Street.
They release new colors and patterns all the time, making them stand out from the rest.
Color Street Reviews - What are the Most Common Customer Complaints about Color Street?
According the Better Business Bureau website there were 37 complaints in the last three years. 22 out of those 37 complaints were addressed within the past year.
In the last three years, there have been 37 complaints. 22 complaints were resolved in the previous year.
- Three types of complaints can be made out of the 37 complaints.
- 7 complaints regarding billing / collections
- Delivery issues - 8 complaints
- 22 complaints regarding a product or service
Here are some comments from BBB's page.
I am a Color Street consultant. I have been trying to get in touch with the company for three weeks to activate the pay portal. I tried five times to contact them, but I got the same reply each time.
Unnamed Customer 01/01/2021
Mr. *******'s email address contained an incorrect numeral zero. It should have been an "o". *******'s email address contained a zero instead of an "o". I corrected it.
I received confirmation emails that my account had been cancelled. They continue to take $10 per month from my account for my website. I received confirmation emails. This is something I've done twice.
Unnamed Customer 11/20/20
******* **** is a Color Street Independent stylist. Their $9.95 per month fee covers their public-facing website as well as order processing. The monthly fee covers sales tax collection and remittance. The Stylist also covers training info and other services.
Color Street Review: Is Color Street A Scam?
Color Street MLM doesn't scam. It could help you forget all your worries and make you a Color Street stylist.
It is possible to create a profitable MLM business that is both profitable and financially lucrative.
This is more successful than Color Street MLM, because it shows real proof of success by people who have been there just a few days ago.
There are many options for building a business.
If you are looking to become a direct seller, there are better options than Color Street.
I am not paid to review programs.
These companies do not belong to my affiliates.
MLM can be a great business model, but it could also lead to you losing a lot.
Color Street Review: Is Color Street A Pyramid Scheme?
What's a Pyramid Scheme?
Pyramid programs offer members the chance to make money or invest in products.
It is more difficult to recruit, and members are less likely to earn a living. Pyramid schemes can be a fraud and are not sustainable.
A pyramid scheme requires people to pay a fee in order to join. Every member who joins will get a share of the additional funds.
These payments also go to the top-ranking directors of the organization. The strong membership gives them a strong incentive to recruit more people and funnel more money up the pyramid.
These scams aren't known for their ability to sell valuable products or services. The only way it makes money is by recruiting new members and asking them to raise additional funds from their existing members.
Pyramids behave very similarly to exponential growth mathematics. The Earth's finite population makes it impossible to keep growing indefinitely.
A scam is one that runs out of recruits and has no other income sources. The lowest levels in a pyramid will have the most people, as the longest terms are at the end.
Pyramid scheme workers promote company more than product. There is no profit for the bottom.
The pyramid's highest levels often make more than the ones at the bottom. Participants will lose most of their money and will not be able to make any profit when the pyramid scheme collapses. They will still have to pay.
Is Color Street an Pyramid Scheme?
Color Street could be described as an MLM legal business. You can make a living selling the product or service and don't have to hire additional people.
Your manager may encourage you to hire more salespeople whose retail sales can increase your company's profits. However, you also have the option to sell directly to customers.
Pyramid scheme MLMs are likely to sell products with no independent value. In order to make a profit, you will need to recruit new members. There is one reason that anyone would buy this pyramid's products.
How Much does it Cost to Join Color Street?
You have two choices to join Color Street as an individual stylist:
The Color Street Starter Kit is $129. It includes everything you need to start your business.
- 12 sets manicure strips
- I purchased a set of pedicure stripes
- 72 testers
- 40 Remover pads
- 100 Prep Pads
- 2 large nail files
- 2 nail buffers
- 60 mini nail files
- 50 cuticle sticks
- 25 catalogues
- 25 Opportunity Brochures
- Road to Success book
- Tote Bag
The Jump Start program recognizes Stylists who started their own businesses and provides cash tools.
Color Street Compensation Program: Can you Really Make Money Through Color Street Commissions?
Through their Compensation Plan, Independent Stylists can earn commissions in ten different ways.
These are cumulative, so you can make money with Color Street commissions in any of the ten ways.
The Marketing Phase
The Marketing phase pays you commissions on each sale and rewards your efforts in helping others.
Jump Start Bonuses
Base Retail Commissions
This level of commission earns 25% from your Personal Volume (PV).
Retail Commissions Enhanced
This monthly amount is due
The Leadership Phase
Based on your sales, the Leadership Phase will award you bonuses.
Jumpstart Bonuses for Members
Jumpstart Rewards: 100% Match for Stylists Who Enroll.
The Executive Chapter
For your leadership role in mentoring emerging leaders, you will be recognized during the Executive Phase.
Senior Directors and higher are not eligible to receive the "Leadership Depth," "Team," or "Car/Lifestyle” bonuses.
Multi-level marketing commissions can be lucrative, but direct salespersons must put in the effort.
I was able to increase my online sales by $40,000+ per month thanks to this program. This program teaches you how to make direct sales more profitable.
eMoney Kings is the #1 Best Way to Make Money Online in 2022
The program was a top-notch choice in the real estate market!
It is digital, but it's not real estate.
Color Street is a weak point.
Time is limited and there are only so many people you can reach.
MLM companies get this. MLM companies will encourage you to recruit other people for your downline. It's not possible to make it big if you are a one-man/woman business.
Imagine making more money with your local websites. You don't have to spend hundreds of dollars on high-end products or spend a lot of time finding people who will buy under your brand.
You can make a regular monthly income with this digital real estate program, even if your friends and recruits don't buy as often.
Does this sound too good to true Yes, it does! Many business owners wish they could do this skill.
It is easy to build and rank your local website and then forward the jobs on to business owners.
This applies for any service-based business like tree service, plumbing or towing.
How can you get paid the most?
The concept is simple: once you send the jobs to a business owner and he makes money, you can ask for mutual benefits.
A fair price per lead is between 10-20 %... Let's use the tree service industry for an example. We will assume the worst-case scenario.
Let's say you rank the site and receive only 10 jobs per year. Tree service jobs range from $500 to $2000.
You should have at most $500 in assets per month!
It is digital real estate. This refers to a rent payment.
Scaling is simple. No worries:
Remember Color Street. You only get the remaining portion of the pie if you reach a monthly limit.
Take the course we recommend to get massive FLAT RATE DEALS. This passive income is really amazing!
This program will help you make money online.
Find out the importance of keywords, website names, how you can send emails notifications to your calls, backlinking and other details.
You will be able to access a Facebook Group after you have completed the training program. The group is more active than the Color Street group.
Unlike Color Street, where you get $10 per sale, could receive 10-20X that.
Businesses will always require more leads and a job. They see it as it really is...expanding the digital estate.
Many people can leave their 9-5 jobs to walk away from
While passive income can be earned from digital realty, most of your time will be spent with friends and not selling.
There are likely many questions.