Magnabilities Jewelry Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Magnabilities Jewelry is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Magnabilities Jewelry, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Magnabilities Jewelry as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Magnabilities Jewelry in my Magnabilities Jewelry Review – now you can learn all you need to know about it.
Is Magnabilities Jewelry really a legit business?
Is Magnabilities Jewelry a safe business to join?
Let me show you in my review of Magnabilities Jewelry.
Exactly What Is Magnabilities Jewelry?
In this particular review, I’m going to be reviewing the MLM opportunity Magnabilities Jewelry. Magnabilities Jewelry is based out of Summer, WA and was first launched back in 2009, and it’s been going strong ever since.
A man by the name of Steve Heaney serves as the CEO for Magnabilities, and while the company was launched din 2009, its networking marketing model didn’t get launched until three years later in 2012.
As for Steve Heaney himself, the man has served in numerous executive positions during his professional career and has quite an extensive history when it comes to corporate management roles.
The product line for Magnabilities Jewelry is sold in more than 3,000 locations all across the United States, and their items are even distributed on an international basis. That’s pretty impressive for a company that’s been around for just six years, and the company is still going strong with no signs of slowing down.
Just what is attributing to all of this success though?
What Is The Magnabilities Jewelry Product Line?
As you’ve probably guessed based off of the company’s name, Magnabilities Jewelry sells products in the niche of women’s jewelry and other accessories. This is a niche that’s proven to be quite profitable over the years, and Magnabilities places a great emphasis on allowing their customers to truly customize their orders as much as they’d like.
When a customer places an order through Magnabilities, they’ll be able to choose if they’d like their jewelry in either an inch or half inch width. This option is made available whether they are purchasing a pendant, keychain, ring, or pin, and after this step they are then allowed to choose what inserts they would like with their jewelry they’ve picked out.
From here, depending on what product a customer is ordering, they will then be able to add other charms, earrings, or other products to their order. The whole process is well thought-out and seems to be quite refined, and easily looks to be one of the highlights for Magnabilities.
What Can You Tell Me About The Compensation Plan For Magnabilities Jewelry?
In regards to the compensation plan that Magnabilities Jewelry is allowing affiliates to have access to, we’re met with a system in which members for the company earn commissions by directly selling the company’s products to retail customers.
This is something that’s quite common with these sort of MLM opportunities, and while direct selling certainly isn’t for everyone, it’s something that’s been proven to be incredibly effective when done right.
In regards to the commission rates that Magnabilities is offering, they’re surprisingly fair and substantial. Commission rates for retail sales start out at just 25%, but as you move through the company and progress as an affiliate for it, that number can quickly grow to as much as 60%. You’ll certainly have to do a bit of work to get it to that number, but it does allow you to view Magnabilities Jewelry as an opportunity that you could make a really solid living off of.
In addition to this direct retail sales commissions, you can also earn even more cash off of your personal downline. Your downline is built up by other affiliates you’ve recruited to join the company, and Magnabilities allows you to earn a 10% override on their sales (in addition to a 4% override on the company’s entire sales).
This all works out to a very easy-to-understand and well thought-out compensation plan, and it could prove to be the perfect fit for someone that’s passionate about these products and is looking for an opportunity that could possibly allow them to quit their day job and do this for a living.
What Will It Cost To Join Magnabilities Jewelry?
If all of this sounds like a dream come true and you’re interested in becoming an affiliate for the company, how do you make that happen?
When you sign up as an affiliate, you’ll be required to hand over $99 for a starter kit. This kit comes equipped with product samples, catalogs, and more – pretty much everything you need to get your direct selling activities started. It is a high entry fee, but with commission rates being offered as high as they are, it shouldn’t take too much time to make this money back.
Is Magnabilities Jewelry A Scam?
If you have heard that Magnabilities Jewelry is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Magnabilities Jewelry a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My Magnabilities Jewelry Review
As you can see, Magnabilities Jewelry has a rather nice opportunity for those interested in this product niche. The company certainly is facing a lot of competition from the likes of Avon, Mary Kay, Pink Zebra, and others, but with its customizable product line and very fair compensation plan, Magnabilities has enough unique aspects to offer over its competitors.
In order to figure out whether or not this is a good opportunity for you, you need to ask yourself a couple questions first – Are you passionate about the niche? Are you comfortable with direct selling?
If you said yes to both of those questions, Magnabilities Jewelry could be the MLM opportunity you’ve been looking for.
I certainly can’t guarantee that you’ll make a killing as an affiliate for the company, but with hard work and dedication, it’s very possible to earn a pretty penny here.
I definitely hope you have found value in my Review of Magnabilities Jewelry.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with Magnabilities Jewelry, make sure you take the time to learn how to market yourself!
My training below can help you with that.