Welcome to my Silpada Designs Review!
Silpada Designs is a Multi-Level Marketing (MLM) company with a mission to empower women in their personal quest for success, as well as to support their Representatives in their desire to look and feel their very best.
In this Silpada Designs Review, I will be examining this company, their products, and more importantly, the MLM Business Opportunity that they offer as a Silpada Designs Representative.
Is Silpada Designs a scam, or do they offer a legitimate and promising MLM Home Business Opportunity? Can you really build a home business selling Silpada Jewelry? This is my unbiased Silpada Designs Review.
Company Details & History
Silpada Designs is a home business success story that began in a basement, and with the dream of two best friends, has grown into an enterprise that is represented by thousands of Independent Representatives.
Founded in 1997 by Bonnie Kelly & Teresa Walsh, Silpada Designs is a direct sales company that offers a tremendous line of jewelry pieces, all of which are handcrafted with .925 Sterling Silver, the finest semi-precious stones, and man-made materials available anywhere.
Every Silpada Designs Jewelry piece is offered exclusively through their growing number of Representatives in the United States, Canada, and the U.K. This will now transition us into my review of their Home Business Opportunity!
MLM Business – How it all works…
The cost to begin your business as a Silpada Designs Independent Representative is an Initial Certification Fee of $199. This will provide you with all of the necessary materials to assist you in getting started right way.
This Certification Fee will also provide you with a 50% discount on any jewelry item that you purchase in your initial order so that you can invest in your Silpada Designs Jewelry Collection to add more pieces for displaying to your potential customers.
At the time of enrollment, Silpada will discount their Initial Certification Fee if you make a qualifying initial purchase:
- If you purchase $750 from the Silpada Designs Collection, your Initial Certification Fee will be discounted to $100.
- If you purchase $1,750 from the Silpada Designs Collection, your Initial Certification Fee will be free.
Compensation – How their pay plan works
As a Silpada Designs Representative, you will earn 30% instant profit for every jewelry item that you sell. Silpada Designs features one of the highest Home Party averages for retail sales in the industry.
With their national Home Party average being $1,000 in retail sales, you will have the potential to earn approximately $300 for every Home Party that you conduct. By conducting two parties per week, this equates to $75-$100 per hour.
As you begin to attract new Representatives into your organization, you will earn override commissions on the sales of your team members as well.
Through Silpada’s Fast Start program, you will have the opportunity to earn more than $3,000 in free jewelry if you attain qualifying milestones in your first 100 days as a new Representative.
I will limit the details of their pay plan to this, and at the bottom of this Silpada Designs Review, you will find a link that will provide the exact details of how Representatives are rewarded as they build their business!
Representative Training & Support
Based upon the training that you will receive from Silpada’s corporate office and from your sponsor, you will attempt to schedule Home Parties in the homes of your friends, family members, neighbors, acquaintances, co-workers, etc. Once a jewelry party is scheduled, you will arrive with collections that you have purchased to showcase and share with your guests. You will accept orders as your friends and family members are trying on jewelry and shopping for ideas. You will recruit new Representatives into your organization when others notice your passion for your home business. These methods of Network Marketing will be the basis of your new Representative training.
Silpada Designs offers a Hostess Rewards Program, which will reward your willing hostesses for opening their home, and inviting many of their loved ones to attend. Based upon the sales that you achieve in their home, they will earn substantial jewelry discounts and even free merchandise.
- For retail sales of $500, the Hostess will earn a $150 Jewelry Credit.
- For retail sales of $1,000, the Hostess will earn a $300 Jewelry Credit.
- For retail sales of $1,500, the Hostess will earn a $450 Jewelry Credit.
- For retail sales of $2,000, the Hostess will earn a $600 Jewelry Credit.
You will offer this incentive to your friends and family members as you are scheduling your Silpada Home Parties.
Silpada Designs Review Conclusion
In my opinion, Silpada Designs is a legitimate MLM Business Opportunity, and should not be considered as a scam or a pyramid scheme. This is a business that has experienced tremendous growth and success, proving that they are a company that is here to stay. Silpada has provided a promising home business opportunity to thousands of women and this number continues to grow daily.
If you possess a strong desire to build a business of this nature, and are willing to put in the time and effort that his business will surely require, you can achieve success while you are selling Silpada Designs Jewelry collections.
This business will take work, and will never be as easy as some may try to make it seem. While Home Parties are a great way to generate a home business income, many will find that maintaining a full schedule of these parties is much more difficult than they first realized when they are limited to their warm market of friends and family members.
As long as you begin this business with the correct expectations, and continue to work diligently, Silpada Designs does offer a solid business opportunity with many rewards for your success.
Next, learn the exact details of how Silpada Designs Representatives are compensated as my Silpada Designs Review continues with their Compensation Plan!
This concludes my Silpada Designs Review! If you have found this review to be helpful, or if you just have something to add, please provide your feedback below!
Category: MLM Company Reviews