Note: This commission check does not include all the retail profit I made during the month. The majority of income is made by selling the Paparazzi jewelry and accessories....in fact, you make 45% profit on each piece!!! In addition to all the immediate profit I earned at the home parties I did during February, I also received this commission check from corporate for participating in monthly promotions and building a team. Wow!
I absolutely LOVE my job as a Paparazzi independent consultant and can't believe how easy it is to make extra income while making so many wonderful friends and having so much fun. I can hardly call it a job, it's more like a hobby.
If you have any doubts about Paparazzi...please read on. This is according to the Harvard Business School:
Harvard Business School Network Marketing Criteria
A high percentage of work-from-home opportunities are in network marketing. Most home based businesses fail for a variety of reasons, none more critical than getting in at the wrong time in the company's life cycle. I've done a lot of research into network marketing and wanted to share my finding(s) with you. Here are some important things to know before you venture into this type of home business.
Network Marketing or Multi-Level Marketing (MLM) is being taught at more than 200 colleges including Harvard Business School. After extensive research into the network marketing industry, Harvard Business School developed 3 criteria that a network marketing company must have in order to make it a desirable opportunity. They are:
1. The company must be at least 18 months old. 90% of all network marketing companies that fail do so in the first 18 months of operations. Lack of adequate financing and inexperienced senior management are two of the more common pitfalls of start-up companies so be sure to find out what you can about the MLM's funding and management. Paparazzi started 3-years ago, in 2008, and has been open to independent consultants for 15 months now (since January 2011).
2. The company must have a product that is both unique and highly consumable. Meaning it must be an exclusive product that can be purchased only from your distributors with repeated sales thereby guaranteeing customer loyalty versus a one-time sale and having to locate new customers. The amazing/affordable Paparazzi product produces repeat sales and customers. Definitely unique at just $5 per piece and highly consumable with new inventory coming out every week.
3. It needs to be a "ground floor" opportunity. Harvard Business School suggests that in order for the opportunity to qualify as a ground floor type, the number of existing distributorships should be less than ½ of 1% in the country where this network company exists. In the U.S., this figure is equal to 1.5 million people. Harvard Business School also stated that if there were less than 500, 000 people involved, you would be on the cutting edge of a great opportunity. If the company has less than 100, 000 distributors, Harvard Business School considers it to be a once in a lifetime opportunity. We currently have less than 5,000 consultants nationwide (definitely a ground floor opportunity like no other)!
The Harvard Business School study also stated that there are 4 distinct stages of growth in a network marketing company - Foundation, Concentration, Momentum, and Stability. The Momentum Phase is when the company experiences phenomenal growth. Both retail and distributorships explode in terms of expanding growth. It is during this period that the company virtually sweeps the nation. When a company's sales reach about 50 million annually (4.2 million a month), they reach what is called "critical mass" (sales go vertical right off the graph). Let's assume you have an organization which is producing an override bonus check to you of $1, 000 per month. When the company reached critical mass, distributors almost automatically experience a ten-fold increase in their earnings. In other words, $1,000 per month becomes $10,000 per month. This is the reason for getting involved on the ground floor, so you will experience the benefits of explosive growth.
Paparazzi is an AMAZING company and is going to be huge! If you want to have this type of success just ask me about how to get started. You could soon be getting monthly checks like this one:
Ask me about my monthly special for new consultants. We have a great team and would love to make you a part of it.
Sincerely,
Jennifer Evans
Paparazzi Premier Director #1582
thepaparazziboutique@gmail.com
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