Hello and Welcome to my Color Street Review.
This review is going to be very in depth with videos and links proof.
First thing first,I want to congratulate you for reading this review.
Now,let me guess why you are here.
You can be here for two reasons.
First one is that someone in your friend circle tried to sell you a color street product and you want to know whether it’s worth the price or not?
Second one is that you want to know whether you can make money from color street or not?
Do not worry I got you.
I will answer each and every aspect related to color street.
First thing first,I want to clear one thing.I am not associated with color street by any means and this review is going to be completely unbiased and from a third party.
Without wasting any time let’s talk about color street.
Before talking about color street,Check Out my #1 recommendation to make money online after reviewing 300+ mlm companies.
Color Street Review
Color Street is a multi level marketing company which focus on selling beauty and nail related products.Main focus of color street is on selling nails related products.
Other than this,color street offers everyday people to make money by selling its products to others.
Owner of this company is Mr.Fa Park and this company was founded back in 1984.
One can say that it’s not just another random mlm company who is trying to scam you.In fact this company is around for quite a long time now,more then 36 years to be accurate.
It’s probably the oldest mlm beauty company which I reviewed on my website.
If you compare all of these five,including color street,I like Farmasi the most.
I published a Farmasi review yesterday because it’s google trend is going up and up everyday.But let’s continue with this review.
Here is a quick video of the owner of Color Street explaining color street in detail.
As clear from the video,the owner worked really hard for his dreams.BUT THE BIGGEST QUESTION IS?
Is Color Street A Pyramid Scheme?
No,color street is not a pyramid scheme.
It is a legit mlm company which is focusing on selling physical products to people.
I have reviewed a pyramid scheme recently called instant cash solution.
It was a completely pyramid scheme and the only way to make money from it is to recruit others.
Now,people that join pyramid schemes,focus so heavily on recruiting people that after knowing that they will not make money from it,they still force other to join these schemes.
This is because the only way for them to make money is just to recruit.
So in pyramid schemes,the only option for you to make money is to recruit others.Not in multi level marketing companies.
Instead in mlms you are selling some physical products to people which at the same time give value to the person who is buying it.And recruiting is just an option.
So,the main takeaway from this is that,in pyramid schemes there is one way to make money,which is to recruit others.
While mlms are all about selling physical products+recruiting.
In companies like color street,which is ofcourse a mlm,you need to focus heavily on the recruiting part.
Because to make $2k/month you need to recruit a very large number of people.
Yes,it’s possible to make $2k with color street by selling it’s items too.
You have to sell 569 items a month to make $2k/month,which seems impossible to me.
Why I am so concerned whether color street is a pyramid scheme or not?
This is because pyramid schemes are illegal and banned in the USA.Whenever noticed FTC bans them and most of the times pyramid schemes are headed by the scammers.
Pyramid schemes are scams and a trap owners make to make money themselves.
Here is my two pennies to have a clear idea on color street whether they are pyramid scheme or not.
Why not ask the person who is trying to recruit you these two questions..
First one is that how much money they are making from retail sales.
If they are making less then 50% from retail sales then color street can be a scam.
Second question is that how many people they have recruited,or how big is their downline.
If they have more then 5 people under them,the Color street can be a scam.This is because FTC allows Mlms’s distributors to recruit maximum of 5 people in the downline.
If it exceeds,then it can be a pyramid scheme.
Failure Ratio Is High
I have reviewed 300+ mlms,I am not telling you this to show off.
But to tell you an amazing fact about mlms which I came to know after reading 100s surveys,articles and research by companies.
According to income disclosure of color street,average income made by their distributors in 2018 was $178.
In Fact when you enroll into the company,you have to sell items worth $50.If you don’t,buy them yourself.
I have done all the math before reviewing this,you have to spend $728 in the first year after joining color street.
According to their compensation plan,the average loss of distributor in first year is over $550.Wow!
How Color Street Works
Color street gives everyday people an opportunity to make money by selling their products to people.
Other than this you can also recruit people into the company.
By giving us the opportunity,they save a ton of their budget in marketing their products.
It’s totally up to their distributors to sell their products and market them.This way they make commission.So,this is a win win for both sides..
Color Street Products
Owners claim that their products stand out from the rest of the market.I call it a self claim.What does self claim mean?
It means that there is not a single proof online of their claim.
And to be honest every second mlm company claims the same.
Here is a quick video which explains it’s products in detail.
Their main strips cost $11 and they consist of 16 packs,and they last for 14 days approx.
How To Make Money From Color Street
Like any other mlm company,there are two traditional ways to make money from color street.
- Sell their products directly to people and make money from it.The money you make by selling products is called retail commissions.
Retail commission is decided by the company itself.And it is totally up to them,when to increase or decrease it.
- Recruit people into the company.More people you recruit,more money you are going to make.
It is very important to note that you are not going to make money by just recruiting people and making a big downline under you like farmasi.
But you are going to make money whenever your downline makes sales,then you will be credited with commission.
How Much To Join Color Street?
If you want to join color street,then you must have to buy their starter kit.The cost of their starter kit is $129.These are the things which are included in their starter kit?
Starter Kit – $129 ($250 self claimed value)
Here is a screenshot of this..
If you want to know more about this,then go here.
Color Street Monthly Cost
There are additional costs to color the street other than just buying their starter kit.You have to buy personally a sale volume of $50 per month.If you total it all..
$50 MULTIPLY BY 12 + $300 – Other than this you have to maintain sales volume of $300 within the first six months.Here is a screenshot.
TOTAL COST TO JOIN COLOR STREET = $1029 for first year.
Color Street Compensation Plan
There are two ways for you to make money from color street..
First one is to sell their products and make retail commissions.
Recruit people to sell products for you.
- Generate sales worth of $599 and you will make 25% on that.
- Generate sales more than $600 you will make 28%
- Generate sales between $1200 and $1700 and make 30% retail commissions on that.
- Generate sales $1800 to $2399 and make 32% on that.
- Generate more than $2400 in sales and get retail commissions upto 35% on that,
Here are 12 ways for you to make money from color street?
- Retail commissions basic = 25%
- Enhanced retail commissions
- Jumpstart incentive = Bonus on achieving certain goals.
- Bonus from client that purchased again
- Enroller bonus
- Leadership Bonus
- Leadership depth bonus
- Team bonus
- Generational bonus
- Car bonus
- National leadership bonus
- Other bonuses time by time.
Go here if you want to read their compensation plan in detail..
One thing you gave to notice is that,9 ways out of 12 is by recruiting otters into color street.Pyramid features are getting heavier.
Is Color Street A Scam?
No,color street is not a scam.It is a legit mlm company which is focused on selling beauty products.
In fact they are also paying their distributors in time.I have not read a single review where their representative complains about payouts.
But there are lots of cons.
The biggest one is that it is more like a pyramid scheme.
Yes,it is pyramid scheme is disguise.Also there are things which I liked and disliked in color street which are below..
Things I Like In Color Street
There are many things which I like in color street.
Still Got Momentum
I personally in all of my mlm reviews try to give people thorough review about any company.For this I like to take a look at that company google trends.
Good news for you is that it still got some momentum.
It was launched in 2017,so it is very new mlm to give any opinion on this google trends.
People seem to enjoy it’s product.One thing I like about color street is that they have their flagship product.
Many mlms do not do this.
They only focus on selling different varieties of products.I have reviewed a beauty mlm,Bellame which was selling beauty and household products.
They are giving their distributors a website,which they will use when selling its products.It’s actually a good thing that they are not charging extra money for that.
Also it increases credibility of the seller and increases buyer positive intent towards you.
Things Which I Disliked In Color Street
There are many things which I disliked in color street.Main one are below..
Their products are 100% expensive then most of the products from brands out there.
Why people are going to buy from you when they can easily buy it from Amazon?
That is why most people find it difficult to sell it’s products.
I am not saying that they are out of pocket for people,still cheap,but it is not compatible.
You know what?Most of the time,you will have to spend $50 to maintain your sales volume.
What this means is that you are the company’s biggest customer,and a chunk amount of money is made through you.
So,these are the tactics that color street applies to make money from their distributors.
Pyramid Scheme In Disguise
Color street is a pyramid scheme in disguise.This means that there are features of pyramid schemes.In Fact 8 out of 9 ways to make money is by recruiting.So,it is clear that the owner structured this company for recruiting.
Low Income Potential
Another bad news for you.Only one in 300 distributors makes $28k/year.This means that 0.3 people makes $2200/month.Why so?
This is because their product price range is very low.
Let’s say you made a sale,this is $3 for you on $11 sale.
That is because their retail commission is 25%.
If you want to make $3 or more then on one sale,then you have to achieve certain goals which we talked before in this review.
And if you want to make $28k/year,then you have to sell 568 items.This is not 568,it’s 568 people who you have to sell color street.This is impossible in my opinion.
If it is enough for you and family to live a stress free and happy life,then definitely join IT!
Color Street Negative Reviews
I came across some very negative reviews on color street.Most of them were on BBB.Here is the screenshot of these reviews.
There were 16 complaints on BBB and 11 of them were against the product.
10 Shocking MLM Statistics That You Need To Know!
- Almost 99% participants of all multi level marketing companies lose money,According to the FTC.
- There are 38% more chances of you profiting from your own any kind of small business? than joining these mlms.
- Success Rate of online business,which will give you financial and time freedom,is 20% more than joining mlms for making money.
- The odds of you winning a lottery worth $10k among 10,000 people is 300 times higher than actually making money from mlms.
- According to the AARP foundation,47% distributors of all mlms lose their money,apart from this 27% do not make a single penny.
- Remaining 26% that actually make money,53% of them make less than $5000/year.
- 39% among those 53%,who are making $5000/year quit because recruiting and selling crappy products to friends and family members jeopardized their relationships.
- Forget about building a long term business with mlm,because 50% of all mlms participants quit within one year.
- 75% of people that join mlms say that they will never ever join any kind of mlm.
- A poll was conducted in 2018 among 1050 mlms distributors and it was found that most of them makes 70 cents an hour and 20% of them did not make a sale.60% of them makes less than $500 in sales over the past 5 years and 32% of them acquired credit card debt to finance their mlms involvements.
Final Verdict Of Color Street
Well,Color street is not a scam but it can be a pyramid scheme.And pyramid schemes are scams and they can be get banned anytime.
Good thing is that you can actually make money in Color street.
But not a respectable amount of money,0.3% chances of making $2000/month with color street.
Should you join color street or not?
I have a question for you.Why join mlm companies when there are more scalable,sustainable and long term business models out there?
With mlms you are not going anywhere,they are destined for failure.
Not fond of mlms,been there done that.
I hate selling something to my family and friends.They are the least ones that are going to trust you.
I like a quote by Jack ma,
‘You relatives will be the least one that are going to trust you and they always thinks that you are overselling them and doubts you.’
The only person who makes money from mlm companies are their owners.
You are company’s best customer and whenever you lose money,company makes money.
This is why they make their compensation plan complex,Deliberately.
Here is a long term business model,Lead Generation.
In this you have to generate leads for business owners.Whenever they make money,you are going to make money.
Let’s say that you generated a lead for dentist and he closed it and made $1000 on it.
He will be more then happy to pay you $100 on that single lead.
Now just imagine if you bring 100 leads to the same dentist per day?
That will be $30k/month for you.Yes,most of our students are making $100k/month and thousands are making $10k ,$30k,$50k,$70k/month.
Simple,proven,legit and repeatable business model.
If you want to watch the exact training that helped our students to make $100k/month then click the link below.
That’s it for today’s review.
Before leaving Check Out my #1 recommendation to make money online after reviewing 300+ mlm companies.