Hi, and welcome to my review on Color Street.
Maybe you were approached by someone who asked you to join this company or buy their products. Maybe now, you really want to know more about who they are and what they are really all about? Well, you’ve come to the right place to get all the answers before you make any decisions.
Today I’m going to give you an honest review of Color Street. Who are they? Are they a scam? What does their Compensation Plan look like? Is it for you, or should you look at other alternatives instead? I hope you enjoy my Color Street Review!
Color Street – The Company
Color Street is a relatively new MLM company that sells nail polish strips. They have only been around since 2017 and have headquarters in Clifton, New Jersey, USA. The company was founded by Fa Park, who immigrated to the United States from South Korea in 1980.
The idea for Color Street started in 1988 when Fa Park was on a bus stuck in traffic, and he witnessed a woman in a cab struggling to polish her nails. Fa Park thought, “There has to be a better way!” He bought nail polish and started experimenting with it by painting it on different types of paper. After numerous attempts, he finally created his American dream.
To learn more about Fa Park and Color Street refer to this article from DirectSelling A Beauty Innovation 30 yrs in the Making
Color Street has an A+ rating with the Better Business Bureau; however, at this time, they are not accredited.
What is an MLM Company?
Multi-level marketing (MLM) is a business model in which individual representatives receive commissions for selling products. This can happen through a variety of methods, including direct sales, referrals, or word-of-mouth. However, representatives also receive financial compensation by having people in their downline who are also selling the company’s products.
When the downline members make a sale, the person who recruited them also makes money. This hierarchical commission model is dependent on both product sales and future sign-ups.
Color Street – Products
To get right to it, here is a link to their catalog. Color Street claims the nail polish strips are real nail polish, are easy to use and will last up to ten days. The nail strips also come in a multitude of colors and styles.
Color Street – Compensation Plan
Color Street’s compensation plan is like most MLM companies. You get paid commissions when you refer people to the business or sell products to others directly.
However, Instead of me going into detail about their compensation plan, I found a great video on YouTube that explains it for you.
This video is biased as the compensation plan is being discussed by someone who works for the company. Here is also a copy of their compensation plan in a pdf format for those who would rather view an actual document.
I do not endorse this video, in any way. I have no affiliation with this company. This video is for educational purposes only.
Color Street – Scam or Legit?
No, Color Street is not a scam. They are a legitimate MLM company with actual products available for purchase.
Companies like this are often referred to as scams because people do not believe in the products or tried to make money with their business opportunities and failed to recruit anyone.
If someone has tried to recruit you into joining Color Street, always remember recruiters can make this opportunity sound too good to miss out on.
It isn’t easy to reach the top layers in any MLM company, and at Color Street, it doesn’t appear any different. Here is a copy of their 2020 Income Disclosure Statement, which indicates this pretty well. Recruiters will also make it sound like it is easy to reach these top layers, but don’t be fooled. It’s not as easy as they will make out to be.
It’s the recruiter’s job to be as convincing as possible. Often, this causes people to get their hopes up, only to realize that reality is a lot different from what they’ve been promised. However, this does not mean the business is a scam.
Final Thoughts
As far as their business opportunity goes, network marketing or multi-level marketing is not for everyone. It is a very challenging business model to make money with.
You must like their products, so make sure you give them a try before making any decisions. If you don’t, selling will feel forced, and you won’t be convincing enough to sell them to others. Honestly, I have a hard time believing there are enough people out there to earn a full-time living off selling nail polish. But, also, remember it takes a certain personality type to push this type of agenda. If your goal is to make money, you must have people in your downline.
Additionally, your success with the MLM structure depends on your team members, who signed up under you. Unless they are active and making sales, your earning potential is limited. To achieve success, you must be good at selling and have a strong team under you.
Online success can come in many different forms, that’s why it’s important to do research and find YOUR way before you invest time, money, and resources into a seemingly good product or service. But, with that being said, If this seems like your personality might fit this business model, they seem like a pretty solid company.
Lastly, regardless of what you decide, one must always remember that there’s no substitute for hard work, consistency, and self-motivation for success with any business, especially an online business.
Now, check out my #1 online business recommendation below. You can thank me later. 😊
P.S. No selling to family or friends required. Like I said. You can thank me later. 😊
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First, you won’t have to sell products to your family or friends or have to make sure to sign up people to be in your downline. Second, you can still set your own hours and enjoy a community of like-minded people, but most importantly, you can learn marketable skills that will serve you for years to come.
I hope you enjoyed my Color Street’s Review and if you have any questions, feel free to ask in the comments…
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To your Success,
Tamara
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