Yanbal was founded in 1967 by Juan Fernando Belmont, and is celebrating 50 years of growth, success, and providing women opportunities to realize their dreams. As direct sellers of fashion jewelry, they have a business presence in 10 countries across Latin America, Europe, and the United States. Yanbal thrives on its family legacy, with current CEO Janine Belmont following in the footsteps of her father. They tout that they’ve been named one of the top direct selling companies by Direct Selling News, and passionately believe that “beauty, and everything that surrounds it, can change lives.”
Yanbal offers fashion jewelry like necklaces, bracelets, earrings, and rings – they also offer fragrances and add-ons such as necklace extenders. You can explore their catalog online, helpfully featured in sub-categories (or “boutiques”) like Fashion, Timeless, Bridal, and Casual. Most pieces fall between $15 and $120. Yanbal is proud to control their entire supply chain – they design their pieces in-house, then produce and distribute themselves as well. They have jewelry designers in New York who travel the globe for inspiration; their jewelry is then expertly handcrafted in Peru and Columbia. They favor European styles, and their jewelry may include 24K gold plating or 99.9 pure silver plating. They also source the best crystals and glass for inclusion in their jewelry. As a multinational company, they offer resources in both English and Spanish.
Compensation and Bonuses: Direct sellers for Yanbal are called Independent Style Advisors. You can make up to 35% commission on products sold, and their examples cite that their Style Advisors can make $300 per month by doing 2 boutiques, up to $700 from 4 boutiques a month. (The example is based on making $500 in sales at each boutique.) If you build a team, you can make up to 18% commission on team sales. They also advertise that their Style Advisors can earn trips around the world, along with other awards and recognition. Style Advisors are encouraged to wear Yanbal jewelry all the time as a passive form of advertising, and also have access to exclusive online training, a social networking community, and weekly calls.
Personal Website: No details are available, but the Yanbal site does say their Style Advisors get their own “Yanbal replicated site.”
Start-Up Costs: The purchase of a starter kit is required to begin direct selling with Yanbal. There are 2 kits to choose from and come in either English or Spanish versions. The first kit costs $99 and is the “Basics Starter Kit,” and appears to come with a limited amount of jewelry along with paper products such as catalogs. The second kit is $199 and comes with more of their jewelry, along with a sample of their fragrance. (Please note that their website says their fragrances aren’t available in every state in the US.)
Hostess Rewards: Hostess perks include earning free product, product credit, and items at 50% off. For example, if you book a Yanbal Boutique with one of their Style Advisors and the Boutique pulls in $500 in sales, the hostess can choose a hostess exclusive product such as a necklace or earrings (each valued over $100), along with $100 in product credit and the chance to purchase 3 items at 50% off.