Have been persuaded lately to join Stella & Dot? Or you came across it when you are simply looking up for ways to make money online? Whichever one it is, it still boils down to you wanting to know if Stella & Dot is a viable online business or is it another scam. I must confess, it has been making rounds lately on the internet and it is really getting attention. But is it legit or a scam is what you are going to learn when you are done reading Stella & Dot review.
Just for the record, I am not a participant in Stella & Dot; neither do I distribute any of its products. So, I am an independent reviewer. So, I can make an honest review after an in-depth research on Stella & Dot.
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What is Stella & Dot?
Stella & Dot is a network marketing business anyone can participate in, especially if you have a thing for MLM. As I said earlier on, it is currently making rounds as its popularity is at its peak. It is owned and founded by Jessica Herrin since 2003. Interestingly, Stella & Dot was not the first website founded by her, but she had a bridal registry website which she later sold to Wedding Channel which was once again sold after 5 years for $78 million to The Knot.
Stella & Dot falls within the women’s jewels and fashion niche and Jessica Herrin has done so well with it. I learned she got Stella & Dot idea actually in an elevator ride when she attended a convention by Mary Kay. By the way, the initial name of the website was Luxe Jewels until she met her fellow Stanford Grad Blythe Harris at an alumni event where they realized that they could be a force to reckon with if they could come and work together. That was how they both re-launched the website with a new name Stella & Dot which was coined from their grandmother’s names.
As it is now, Jessica Herrin is the CEO of the company while Blythe Harris is the CCO (Chief Creative Officer). Jessica Herrin was working for Dell as the Marketing manager right about the time they started with the re-launch of Luxe Jewel to Stella & Dot.
Stella & Dot Line of Product
Stella & Dot is an MLM that specializes in women’s jewelry and modern day fashion; basically, there are 3 categories of products they focus on and those are jewelry, bags, and accessories. Then when it is broken down further you will get products like Wallets, earrings, sunglasses, totes, scarves, necklaces and much more. Obviously it will take a long list to have all their products listed here, however, if you wish to know more on that you can always visit their site and see their product catalog.
Stella & Dot Compensation Plan
Well, in order to make money as an MLM with Stella & Dot you will make sure that you have at least 500 PVs (personal Volume) every month so that you will be considered active (just like many MLM that I know of). And you can make PVs from personal retail sales made to your customers and purchases you directly made from Stella & Dot. These transactions earn you the personal volume you need which will determine the amount you will make as a commission from the company. The higher your PV the higher the percentage you will get. For instance, you make 25% basically as your commission from your retail sales but should you have up to 2500 PV, you will get 30%. So also 5000 and 10,000 PV earns you 32% and 35% of your retail sales respectively.
And there are residual incomes to be earned as well which range from 4%, 5%, and 10%, again depending on your membership level.
Is Stella & Dot Legit
I don’t know what you might have heard; maybe you hear it is a scam or it is not. But I will like to let you know that Stella & Dot is not a scam just like many MLM out there. But you see many negative comments about MLM which put it in the category of a scam. When you carefully get closer to those that are complaining today about MLM you will find out one thing, and that is not having the full k knowledge of what they are getting into before plunging. Eventually, when things don’t turn out the way they expect it they scream scam!
I am not a fan of MLM either but the greatest mistake you can ever make is to go into any venture without being prepared because you are already prepared for failure. Same thing with MLM, when you know how it works then you will be able to come up with a plan that will make you succeed, especially in the case of MLM where teamwork and hierarchy determine your success, where those at the top earn more off of the bottom.
This is my honest review about Stella & Dot and I believe I have been able to be useful to you. However, if you are having a rethink about an online business venture you could go into, then I might just have the answer to that. Here is my #1 recommendation that could set you well on your way to online success. To register is free and you will get 2 free websites and tools that would help you grow your business. Read this before you join please.