Color Street MLM Review: Does It Look Like A Pyramid Scheme?
What is Color Street?
This is another MLM (aka Network Marketing or Pyramid Scheme) program whose primary purpose it to sign you up, purchase a product package, then get your friends, family and coworkers to do the exact same thing.
It's true, it's promoted almost by every high-ranking MLM member who gets paid only through their affiliate links. Yes, that's right...
It's called sellouts.
Although it claims to teach you how to be a "Network Marketer", most members make very little money by promoting their products.
It's not true. You won't make a fortune from a 30% commission on overpriced nail varnish.
You can really make it big online by selling an average of $1500 per month )...
Check out our #1 recommendation here.
We have to be truthful in this review.
Color Street has some great information that will help you make money online and get decent commission checks.
It's obsolete!
I will answer the most common questions about network marketing and MLM names at the end.
This system made me swear by Network Marketing! It uses the same skills, but it is much more powerful and lucrative.
Let's get to Color Street now!
Are You in love with Color Street Nail Polish
Are you being asked to join their company opportunity?
Before you take any decisions, I encourage you to read this review.
Color Street will be reviewed to determine if it is truly the best MLM program.
We will discuss whether MLM is right for you.
You'll find answers to some frequently asked questions about Color Street and MLM.
MLMs: What is Color Street?
Color Street, a multi-level marketing (MLM) beauty company located in New Jersey, specializes in nail art and polish products. Fa Park, its founder, founded it in 2017.
Color Street is an MLM company that allows people to join as stylists (called Stylists). This gives them the chance to open their own nail salon.
Color Street employs more than 6,000 consultants, and has generated more revenue of $120 million in 2019. These facts may prove to be false, and Color Street is a fraud.
Color Street's headquarters is in Clifton New Jersey. Because of its inspiration from New York City's "City That Never Sleeps," Color Street has a strong presence in the region. It is joined by sister brands Incoco, Coconut Nail Art and employs approximately 1,100 employees.
Color Street History: When did Color Street Company Start?
Park was stuck on a bus in traffic in 1988, when he saw a woman trying to do her nails in a nearby taxicab. He thought, "There must be a better way!" He bought nail polish products, and started to experiment with them by painting them onto different types of paper.
He finally found a way to dry the top but keep the bottom moist, which he could stick to the nail.
What are the Products of Color Street?
Color Street products are very simple. The only thing it sells is nail polish strips. The nail polish strips come in many styles and colors.
The strips include a nail file/applicator, an application pad and full instructions.
The company claims that it is easy to apply the strips to your nails. They even offer video tutorials.
You must use the strips within a reasonable time (within one week or so) after opening the package. Otherwise, the products may dry out and become unusable.
Is Color Street and Incoco the Same Company? Both MLMs
Both Color Street Nails was founded by Mr. Fa Park, as well as Innovative Cosmetics Concepts. They are both essentially the same company with similar products and different business models (the parent company being Innovative Cosmetics Concepts).
Innovative Cosmetics nails have been available at Amazon and Walmart for almost ten years. They sell for between $4 and $6, and can be found at the checkout counters. They have received excellent reviews and work as advertised in normal conditions.
Color Street products are only available through Stylists, who are distributors. These Stylists make a lot of money online via social media and their personal websites.
Consider this: Would your family or friends buy these strips from Stylists or you if they knew that they could get them for half the price at Walmart.
Color Street has been defended by many people, who claim that Innovative Concepts will be phased out of their nail strips and will instead focus on Color Street nail strip. These nail strips have been available in stores for over four years as the standard defense for loyal stylists. It's amazing.
Color Street Review: Does Color Street Ruin Your Nails?
Color Street nail strips are 100% made from genuine nail polish. They are not made from vinyl, unlike other brands. You can use nail polish remover to remove them. Color Street will not cause nail damage like acrylics if applied correctly (with remover, not just pulled off).
Color Street MLM Review: Jamberry or Color Street Nail Polish: Which is Better?
Jamberry was not founded as a multilevel marketing company like Color Street. Jamberry was established in 2011. It sold nail wraps which are thin strips of fabric with patterns that can be used to decorate nails. Their products were sold directly to customers via an eCommerce store.
At the time, nail wraps were not available for sale to the public.
Due to the company's rapid growth, the founder decided that it should be converted to a multi-level marketing organization.
Two years later, the Multi-level marketing firm ran smoothly. More than 7,000 employees would be hired, and more than 7,000 consultants would take advantage of the opportunity to make money from their products. Ann Yee would be the first to work with MLM companies.
Jamberry closed the doors in June 2018 however. Jamberry did not say what went wrong but it was obvious that the MLM company couldn't afford to continue in business.
I won't compare the quality of Jamberry nail polishes with Color Street polishes, as Jamberry is out of business. Instead, I will show you a picture that shows the differences between these brands.
Color Street Review: What Makes Color Street Nail Polish Strips so Unique?
They sell only nail polish strips making them a powerful force in the nail polish market.
There have been other companies that offer nail products, but these strips are not actual nail polish as Color Street.
They are constantly releasing new colors and patterns, which puts them ahead of the rest.
Color Street Reviews: What are the Common Customer Complaints About Color Street?
According to the Better Business Bureau website, there were 37 complaints over the past three years. 22 of those 37 complaints were resolved within the past year.
There have been 37 complaints in the last three years. 22 complaints have been resolved in the past year.
- There are 3 types of complaints that could be made from the 37 complaints.
- 7 complaints about billing / collections
- Delivery issues - 8 complaints
- 22 complaints about a product or service
Below are some comments from the BBB page.
I am a Color Street consultant and have been trying to reach the company for the past three weeks in order to access the pay portal. I have not received the activation email. I have tried to contact them many times. Every time I call, I get a message saying that there is a 2-hour waiting period. It is an automated system. I have tried five times to email them and received the same response each. All I ask them is to fix the email activation so I can get my commission. This problem has caused commissions to be set up in an account I don't have access to. I am currently unemployed and desperately need funds.
Unnamed Customer 01/01/2021
Mr. ******* 's email address contained a numeral zero, where it should have been an "o". I corrected the email address in the third-party portal Color Street uses for its Independent Stylists and had them send the activation email to the correct address. The problem is now solved, according to me. Sincere regards.
Response:
I cancelled my account and received confirmation emails. However, they continue to deduct $10 per month from the account for my website. The company doesn't have a phone number so you can only submit a ticket. This I have already done twice.
Unnamed Customer 11/20/20
******* **** was a Color Street Independent stylist. The $9.95 monthly fee covers costs for their public-facing website and order processing. It also covers sales tax collection and remittance. Training info and other services are covered by the Stylist. ******* requested a reimbursement of her eSuite fees after she cancelled her stylist account. We believe that the problem was solved after this process was completed.
Response:
Color Street Review: Is Color Street A Scam?
Color Street MLM isn't a scam. This could help you forget your fears and allow you to become a Color Street stylist.
You can build a successful MLM company that is profitable and lucrative. There are many other ways to build a company than MLM.
It is actually more successful than Color Street MLM because it provides actual proof of success from real people just a few days back.
However, there are many options when it comes building a business.
You have better options than Color Street if you want to be a direct salesperson.
Remember that I do not get paid to review any programs.
These companies are not affiliates of mine.
MLM is a great model for business, but it could lead to you losing a lot of money.
Color Street Review: Is Color Street A Pyramid Scheme?
What is a Pyramid Scheme?
Pyramid schemes offer members the opportunity to earn money or invest in products.
It becomes more difficult to recruit and members are less able to make a living. Pyramid schemes are often a scam and unsustainable.
A pyramid scheme is an arrangement in which people are required to pay a fee to join the organization. The organization promises that new members will receive a share of any additional funds they raise from every member who joins.
These payments are also shared with the organization's top directors. Directors are rewarded handsomely for their efforts, regardless of whether they actually do any work. Because the membership is strong, they have a strong incentive for recruiting more people and to funnel money up the pyramid.
These organizations are not known for selling valuable products and services. As it doesn't produce any goods or service, the only revenue from this scam is recruiting new members and soliciting additional money from existing members.
Pyramids behave in a manner that is very similar to exponential growth mathematics. Each level in the pyramid is much larger than the one before it. To make sure everyone can afford to join a pyramid scheme, it would need to continue growing indefinitely. Because the Earth has a finite population, this is impossible.
The scam will eventually fail if it runs out of recruits or has no other income sources. The pyramid's lowest levels will contain the most people because the longest terms in this sequence are located at the end.
Pyramid scheme workers promote the company more than the product. The pyramid ends up with no profit for those at the bottom.
The pyramid's top levels usually make more than those at the bottom. The majority of pyramid scheme members are at or near the bottom. This means that most participants will lose their money. Most members of the pyramid scheme will be at the bottom and won't have any chance to profit from it when it collapses. However, they will still have paid.
Is Color Street a Pyramid Scheme?
Color Street can be described as a legal MLM business. Legal multi-level marketing (MLM) is where people are hired to sell products or services that have some intrinsic value. As a recruiter or Color Street stylist you can make a profit on the sale of the product or service, and you don't need to hire more people.
You may be encouraged by your manager to hire additional salespeople whose retail sales will increase the profits of your company, but you can also sell directly to the customer.
On the other hand, pyramid scheme MLMs will almost certainly sell products that have no independent value. For example, the product could come in reports or mailing lists. To make a profit in this pyramid scheme, you would need to recruit new members to the MLM. To join the MLM, there is only one reason why anyone would purchase this pyramid's products.
What is the Cost to Join Color Street?
There are two options to join Color Street as an independent stylist:
Starter Kit
The Color Street Starter Kit costs $129 and contains everything you need in order to start your business. These are the items included in the starter kit:
- 12 sets of manicure strips
- I bought a set of pedicure stripes
- 72 testers
- 40 Remover pads
- 100 Prep Pads
- 2 large nail files
- 2 nail buffers
- 60 mini nail files
- 50 cuticle sticks
- 25 catalogues
- 25 Opportunity Brochures
- Road to Success booklet
- Tote Bag
Jumpstart Program
The Jump Start program recognizes and rewards Stylists who have started their own business. This program will give you the opportunity to sell or use your products, and also provide sales tools and cash.
Color Street Compensation Plan: Are you really able to Make Money with Color Street Through Commissions?
A Color Street Independent Stylist can receive commissions in ten ways through their Compensation Plan.
They are cumulative so you can make money through Color Street commissions in any one of the ten ways.
The Marketing Phase
The Marketing Phase pays you commissions for each sale and rewards you for helping others.
Jump Start Bonuses
Base Retail Commissions
This commission level earns 25% of your Personal Volum (PV).
Retail Commissions Enhanced
This amount is payable monthly.
The Leadership Phase
The Leadership Phase awards bonuses based upon your team's sales.
Joiner Matching Jumpstart Bonuses
Jump Start Rewards: 100% Match by Stylists who enroll.
The Executive Phase
You will be rewarded in the Executive Phase for your mentoring of emerging leaders.
Note that Senior Directors and above are not eligible for the "Leadership Depth," Team, "Generation," or "Car/Lifestyle” bonuses.
Team Bonus
Generation Bonuses
Car/Lifestyle Bonuses
You can make money with multi-level marketing commissions, but you have to put in the work required to be a direct salesperson (which is not easy).
This program helped me skyrocket my online sales to $40,000+ per monthly. It teaches you the same direct selling skills but how to make them more lucrative.
Steady Calls is the #1 Recommendation for Making Money Online in 2022
Our review team discovered a program that is top-notch in the real estate industry!
It's digital, but not real estate.
Color Street's weakest point is its scalability.
You have a limited amount of time and you only have so many people to reach.
MLM companies understand this! MLM companies know this and will push you to recruit others for your downline. You won't make it big as a one-man/woman show.
What if you could make more money from your local websites? Without spending hundreds of dollars on expensive products or spending a lot of time recruiting people who will sell under you?
This digital real estate program will allow you to make a recurring monthly income, even if you don't sell as often to your friends or recruit!
Does it sound too good to be true It does, of course! It isn't, in fact, many business owners wish they had this skill.
You can simply build and rank a local website, and then forward the jobs to a business owner.
This applies to any service-based business such as tree service, plumbing, or towing.
What are the best ways to get paid?
It's simple, once you have sent the jobs to a business owner, he makes some money from them, you just ask for mutual benefit.
Based on the industry, a fair price per lead is between 10-20 %... let's take the tree service industry as an example and use the worst-case scenario.
Let's suppose you rank the site, and that only 10 jobs per month are received. Tree service jobs can range from $500 to $2000.
This means that you should have at least $500 per month in assets!
It's digital real estate, which is why they call it now. This is a rent payment.
It is easy to scale. There are no worries about:
Remember Color Street? If you reach a monthly quota, you only get the rest of the pie.
You can actually get huge FLAT RATE DEALS by taking the course that we recommend. This is truly passive income!
This training program will take making money online to another level. You will be guided by the owner of the program, who will also share his screen and occasionally speak to you.
Learn the importance of keywords and website names, how to send calls notifications via email, backlinking, and other details.
After the completion of the training program, you will have access to a Facebook Group that we think is better than the Color Street group. This group is more active.
Contrary to Color Street where you only get $10 per sale you could be receiving 10-20X that.
Businesses will always need more leads and another job. It doesn't matter if the job isn’t coming from their website. They see it as it is...expanding their digital real estate.
Contrary to Color Street, many people are able to leave their 9-5 jobs and walk away.
You can have passive income from digital real estate, but most of your time will be spent with your friends and not selling to them.
You probably have a lot of questions.