NOTE: In 2015 the compensation plan was updated as I understand. I am no longer a Stella & Dot Stylist.
Well that all depends! Stella & Dot is a direct sales company that is blowing the competition out of the water by offering women an opportunity to sell through in-home trunk shows AND via the web or social selling. Social selling is a new term that refers to people using mediums such as facebook and twitter and good old word-of-mouth to sell their product. Without a retail storefront, you can sell to your hearts content without much overhead. Many established companies are following suit, taking their wares, and sending them out in the field to sales reps that sell in an in-home environment.
I would consider myself a Stella & Dot success story, even though I have been not nearly as successful as some of my colleagues. I am currently holding a position as Star Stylist within Stella & Dot. What is a Star Stylist? It means I have a team of stylists underneath me, of which 4 or more of them sell over $780 a month in jewelry, and I then sell over $2300 in jewelry to earn 12% of their sales. This team also has to total gross sales of approximately $12000 (so more than 4 people on my team need to be selling, or those 4 need to sell more so that cumulatively we get to that $12000 sold).
I have done a lot of different things in my life, and clearly I am still working in makeup because I love it. but Stella & Dot is STEADY INCOME that I can count on monthly (not always the case with makeup) and I can really do as much or as little as I like.
Was it tough to get started? Sure it was. Have I had slow months? Of course! But I have built a small business on building relationships with many people and give the best customer service that I can. So now after 2 1/2 years in the biz and almost 2 years at STAR pay, I don’t have to work as hard to book trunk shows and I have a strong customer database.
Here are some questions that you need to answer for yourself:
Do you like the jewelry line? Do you think that you could sell it to others by sharing it and wearing it?
Would you like to be able to bring in a little bit of extra money each month to help cover your household bills? Would even $500 make a difference in your life, cover a few bills?
Are you a new mommy who wants to be able to get out of the house once or twice a month to hang out with other women and have fun?
Maybe you just want to join to get the discounts for yourself and make a few extra dollars as spending money by selling to friends and family who are interested? That is really okay too! You can certainly do that but it is important to note that you really need to book approximately 2 parties a month to sustain your costs. And by this I mean costs for catalogues that you will need to run your business. If you sell enough, you get business supply credits from the company and that means you only pay to ship them.
Read more about Direct Selling in the Globe & Mail.
Or are the one who wants to dream big and make a full time career out of their Stella & Dot business? Wow, I see some women who have started their businesses around the same time I did and have passed by me like the roadrunner! However, this business is all about what you make it. Work put in = work output. Sure there are variables but essentially, that is what it boils down to. . I am happy in the sweet spot that I am in, and I look forward to sharing more jewels and fun with many more women in the next while to come.
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