Is Color Street A Scam Or Pyramid Scheme?[Mlm Review]

color street

Hello and Welcome to my Color Street Review.

This review is going to be very in depth with video and link proofs.

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 every aspect related to color street.

Before going into this review,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.

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Color Street Review

Color Street is a multi level marketing company which is focused on beauty selling products.Main focus of color street is on selling nails related products.

Other than this,color street offers everyday people make money by selling its products to others.

Owner of this company is Mr.Fa Park and this company was founded back in n1984.

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.

It’s probably the oldest mlm beauty company which I reviewed.

Other beauty mlm companies which I reviewed were Bellame,Kannaway,Monat Farmasi.

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 they will not make money from it,they still force them to join these schemes.

This is because the only way for them to make money is just to recruit.

Yes,you listen to me right.

From mlms,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.

pyramid schemes

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.

 

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.

One of the biggest surveys claims that 73 to 99% people that join mlm companies like color street end up losing their hard earned money.No different from color street.

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 the first year after joining color street.According to their compensation plan,the average loss of distributor in first year is over $550.Wow!

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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 claims the same.

In Fact color street products are not different from the beauty mlms I reviewed like Bellame and Farmasi.

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.

Check Out this 3 minutes video on color street….

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..

color street review

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.

$129

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.

color street compensation plan

Retail Commissions

  • 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…

  1. Retail commissions basic = 25%
  2. Enhanced retail commissions
  3. Jumpstart incentive = Bonus on achieving certain goals.
  4. Bonus from client that purchased again
  5. Enroller bonus
  6. Leadership Bonus
  7. Leadership depth bonus
  8. Team bonus
  9. Generational bonus
  10. Car bonus
  11. National leadership bonus
  12. Other bonuses time by time.

 

Here is a video which will explain this in detail…

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..

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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.

color street scam

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.

MemorAble Products

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.

color street pyramid scheme

They only focus on selling different varieties of products.I have reviewed a beauty mlm,Bellame which was selling beauty and household products.

is color street an mlm

Website

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.

color street mlm

Things Which I Disliked In Color Street

There are many things which I disliked in color street.Main one are below..

Expensive Products

Their products are 100% expensive then most of the products from brands out there.

color street mlm scam pyramid scheme

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.

Hidden Cost

You know what?Most of the time,you will have to spend $50 to maintain your sales volume.

color street products

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.

is color street a pyrmaid scheme

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?

color street income disclosure

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.

color street 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.

 

SOURCE:

 

Final Verdict Of Color Street

Color street is definitely not a scam.But this is not a business model that you want to join after reading this review.

I have reviewed almost 300+ mlm companies and after all of that I came to a conclusion that mlm is the worst business model to start in 2020 and moving forward.

I am not fond of mlm,been there done that.Lost $$$ and now my mission is to help people decide whether to join mlms or not.I do not recommend it to my readers.

In Fact I recommend high ticket affiliate marketing.No recruiting,selling to friends and family and selling people directly.Not fond of this,SORRY!

Now if you want to start an online business,I highly recommend you to go with my #1 recommendation to make money online and live a stress free life.

It’s the best business model in 2020 and moving forward.

Start an online business that will generate $10k/month consistently,from scratch.

That’s it for today’s review.I hope that this review helped you make a decision.If you have any question then comment below.

Before leaving Check Out my #1 recommendation to make money online after reviewing 300+ mlm companies.

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