The direct sales company Magnabilities specializes in interchangeable magnetic jewelry and accessories. The company began offering their wares to retail stores in 2010 and in 2012 began to transition their business into the direct sales model. They officially launched in 2014 and are now offered exclusively through direct sellers and are proud members of the DSA.
What sets Magnabilities apart from other DS companies is the fact that they allow their Consultants, though proprietary software, to upload, create and sell their own unique designs and creations! Capturing and preserving memories by instantly converting photos to jewelry in seconds. Magnabilities also offers proprietary fitting room software custom made, allowing shoppers to try jewelry on and view different combinations before buying!
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: The $99 starter kit includes everything you need to hold your first party
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 – not required
Bonus Opportunities: Fast Start Bonus, Matching Bonuses and Hostess Rewards Credit are also available.
Hostess Rewards: A company-sponsored hostess program is available with no out of pocket expense to the consultant.
Consultant Requirements: 18 years of age or older and a permanent resident of the United States or its Territories