The direct sales company Magnabilities specializes in interchangeable jewelry and accessories. The company began offering their wares to retail stores in 2010. It was only November 2012 that they opened their direct sales division.
The Product: Customers purchase a base piece of jewelry that can then be individualized with pre-made or custom-designed inserts. These magnetic discs can be switched out to match the customer’s mood or outfit. All pieces are affordable. Most bases pieces cost around $25, with inserts running between $5 and $10.
Compensation: Consultants earn 25% commission on jewelry and 40% on inserts. A 10% sales bonus is available to Active Consultants. One can also earn team overrides.
Start-Up Costs: There are two investment opportunities available to new Consultants.
- Business Kit A has a retail value of over $1,000 and is available for $249. It contains enough supplies for 2 to 3 parties on average.
- The Enhanced Business Kit holds supplies for more than 6 parties and has a value over $2,500. This option is available for only $499.
Inventory Requirements: Inventory is not required, though many Magnabilities Consultants prefer to have “cash and carry” jewelry and inserts available at parties for customers to experience and take home that evening.
Personal Website: Yes
Quotas to Maintain Active Status: 400 Personal Value monthly or 1,000 PV in rolling 3 month period
Bonus Opportunities: Fast Start Bonus, Matching Bonuses and Hostess Rewards Credit are also available.
Hostess Rewards: It is the responsibility of the Consultant to track and reward their hostesses. However, Hostess Rewards Credits are available.
Consultant Requirements: 18 years of age or older and a permanent resident of the United States or its Territories