Tuesday, April 10, 2012

MONEY: Business Review: PREMIER DESIGNS JEWELRY

Most of us know there are dozens of choices when it comes to home-based businesses. This is for you stay-at-home moms out there, and the "wanna be's" of the same category. I'm beginning with Premier Designs because it is the one I am most familiar with.



Product: High Fashion Jewelry
Age: 27 years (founded 1985)
Pay: 50% of sales
Commission: 10% of downline's sales, 3 levels deep
Cost to get started: $395
Extra costs: choice of jewelry sample packages (optional) big package $700, small package $450
What you get: Business supplies, handbook with training material, sample jewelry to wear and show (big package $2,000 worth of jewelry, small package $1,200 worth of jewelry)
Highest cost if you go all out: about $1200
New product comes out: 2-3 times per year

Pros: keep 50% of sales, generous hostess plan to keep you in business, get to wear your product and then resell it, lots of ways to earn free jewelry for yourself or your display table, get paid the night you work (home parties), tax deductions, average jewelry consultant pays off investment in first 6 shows of business, as much training as you want/need, not a highly saturated market, get paid $200 for training your downline (training show), product backed by Golden Guarantee

Cons: yearly renewal fee of $350, not a consumable product (meaning customers won't reorder the same exact product over and over like with cosmetics, etc)

Do you know more about this company? See any mistakes? Let me know!

Website: http://www.premierdesigns.com/

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