Today we will be reviewing a company called Sabika Jewelry. Is Sabika Jewelry a scam? Find out in this Sabika Jewelry MLM Review.
If this is your first time encountering an MLM, consider yourself fortunate. To be honest, they’re now all over the place. It’s reasonable to assume that there’s an MLM for anything these days.
Since social media took the globe by storm, demand for stylish items has increased. These social networking platforms had an impact on the fashion industry.
Some people make a living by purchasing garments and then sharing photographs of them on social media. The garments are generally only worn once.
To keep up with the need for fast fashion, many businesses have dedicated themselves to curating clothing designed particularly for those who like sharing on social media.
Fast fashion clothing is so named because it goes out of style rapidly and is inexpensive to produce.
Nutritional supplements, health goods, fashion products, and cosmetics are the most frequent sorts of MLMs I’m aware of. Sabika Jewelry sells jewelry, which is classified as a fashion item.
Before we go further in this Sabika Jewelry MLM review, I will define two terms first: MLM and pyramid scheme.
MLM members make money by selling products and recruiting new members. In pyramid schemes, members could only make money by recruiting people. Pyramid schemes are illegal and banned by the FTC.
As a disclaimer, I am not affiliated with Sabika Jewelry in any way.
Hopefully this Sabika Jewelry MLM review can help you decide whether you want to sign up for the company or not.
Before we proceed with the Sabika Jewelry MLM review, check out my #1 recommendation to making money online after reviewing 300+ MLM companies.
What is Sabika Jewelry?
Sabika Jewelry is a multi-level marketing company that sells jewelry that are primarily marketed towards women.
The company was founded in 2001 by Karin Mayr, and they are currently based in Pennsylvania, United States.
What they sell are mostly European-styled artisan jewelry. They offer an affiliate program, similar to any other MLM, where you may join and earn money by selling the products they curate.
You can learn more about the company by watching the video below.
Sabika Jewelry Products
The company’s products can be divided through these categories:
- necklaces
- bracelets
- earrings
- rings
- pendants
This video can give you an overview on what their designs look like.
How Do MLMs Work?
After explaining the history of Sabika Jewelry, I believe I should also properly explain how MLMs function. I mean, I did give you a basic definition, but I believe you should know more about them than that.
MLMs, for example, are not run in the same way as traditional enterprises. They don’t promote themselves in any way.
To be honest, here is where they save money. Advertising is costly, and if you want more people to see what you’re offering, you’ll have to pay a lot of money.
They also do not pay its members any salary as well. I’m sure the hunbot failed to adequately explain this to you.
Because you need to be able to make as much sales as possible, making money here is difficult. Because the revenue is based on a commission basis, sales are the only way to be paid here.
Unfortunately, no sales equals no money.
It would have been much easier if you could locate consumers willing to purchase your goods. Unfortunately, given the level of competition you face, it is not that straightforward.
To be honest, you’re competing with other members for sales.
MLMs are master manipulators. MLM members, as you may have seen, are like sheep. They take what the corporation says at face value and believe it to be true, almost like a cult.
It’s actually very disturbing to consider how badly they indoctrinated these folks into believing that MLMs are the way to success.
You will be sorry if you leave your well-paying career to join an MLM. The affluent lifestyle is only enjoyed by the exceedingly wealthy. Those at the bottom are in debt to the point of drowning.
Is Sabika Jewelry a Pyramid Scheme?
Since Sabika Jewelry members earn money both by selling services and recruiting new members, then it is safe to say that Sabika Jewelry is not a pyramid scheme.
However, since Sabika Jewelry is still an MLM, do not expect to make money if you have no plans on recruiting people. Recruiting will earn you significantly more money than actual product selling, and is more encouraged.
This just makes Sabika Jewelry look like a pyramid scheme in disguise, doesn’t it?
Like Party Time Mixes, Allysian Sciences, and Vestige, Sabika Jewelry is not a pyramid scheme.
Is Sabika Jewelry a Scam?
No, Sabika Jewelry is not a scam.
However, if you think this is enough for you to jump in Sabika Jewelry’s so-called opportunity straight away, then I suggest that you hold your horses. This is just the most basic thing, so don’t go signing up for this company right away.
Before making your decision, I suggest that you do a thorough research on the MLM first.
How to Make Money from Sabika Jewelry
Since Sabika Jewelry is an MLM, there are only two ways to make money with the company. and these are:
- Selling products
- Recruiting members
Despite the fact that these are the only two options, MLMs frequently provide a plethora of perks and advantages to its members.
The majority are financial bonuses given to individuals who meet high sales goals and attract much more members than planned.
I’m confident that the selling element will be simple. When you join an MLM, you get a discount on the items, which you may then resell at full retail value.
In reality, selling is a basic skill. Finding consumers, on the other hand, is a very different story.
Recruiting is an excellent way to make a lot of money. This entails convincing others to join your team.
Because you receive commissions from sales generated by your downline, it is a passive income. You make more money the more people you have under you.
Remember that the MLM business model is not sustainable, so as time goes by, you will run out of people to recruit.
MLMs do not really care about how many products you sell. What they care about is how many you buy and how many people you can bring in.
How to Join Sabika Jewelry
To start your jewelry business, you are required to choose one out of these three starter kits.
- Sabika Digital Kit – $25
- $25 worth of jewelry
- 10 Seasonal Collection Books
- Digital Starter Kit including:
- Sabika Collection Book
- Sabika Success Guide
- Party Marketing Package
- Sabika Earnings Opportunity Chart
- Personal & Community Development Guide
- Consultant Business Center Guide
- Sabika Essentials Kit – $100
- $100 worth of jewelry
- 10 Seasonal Collection Books
- Digital Party Marketing Package
- Sabika Success Guide Workbook
- Consultant Business Centers Guide
- Guest Log Book
- Sales Order Book
- Tote Bag
- Sabika Earnings Opportunity Packet
- Jewelry Cleaning Cloth
- Sabika Boutique Kit – $300
- $300 worth of jewelry
- Sabika Success Guide Workbook
- Consultant Business Centers Guide
- Sabika Yearly Planner
- Guest Log Book
- Sales Order Book
- Tote Bag
- Sabika Earnings Opportunity Packet
- 10 Medium Organza Bags
- Jewelry Cleaning Cloth
- Jewelry Display Pads
How Much Can You Make?
The latest income disclosure from Sabika Jewelry dates back to 2016, so I do not consider it reliable.
The issue here is that MLMs love to brag about how successful their recruits become after they join the company.
This is an untested assertion, as most individuals who join MLMs move from a terrible financial condition to crushing debt, according to my study.
If you’re asking what’s causing individuals to get into debt, it’s the absurd sales quotas.
MLMs need you to pay for the items before you may sell them. If you don’t meet the monthly quota, you’ll have to purchase the items for “personal use.”
Although MLMs are not required to submit an updated income disclosure statement, they should be open and honest with their members.
They receive their majority of their income from them, yet they appear unconcerned about the amount of money those people will be compensated with.
MLMs also urge people to quit their employment in order to dedicate their whole life to them. They even criticize corporate greed, despite the fact that they are far greedier than those companies.
Things I Like in Sabika Jewelry
Established Company
Sabika Jewelry has been in business since 2001, meaning that they are now in the business for two decades. That is impressive, as most MLMs do not even live long enough to celebrate their third birthday.
MLMs do not last longer than three years because the business practice is self-destructive. It isn’t meant to last.
Free Repairs
Well, this one is a first.
I haven’t heard of an MLM that lets you avail of free repair services before. Turns out that you can avail it up to two years of purchase of Sabika Jewelry products.
All you need to do is fill up the repair request form. They will then process your repair for no cost.
Sales are Encouraged
Unlike most MLMs which prioritize recruitment over sales, this company wants its members to sell more. I am actually surprised to hear about that.
The business is more about hosting parties and generating sales. Sure, recruitment is still on the table, but they are not as predatory as other companies.
Things I Dislike in Sabika Jewelry
Emphasis on Home Parties
Now that we are still suffering from a global pandemic, home parties are not really the way to go. Most people do live selling through the use of streaming as a substitute to home parties.
But really, who has the time to watch those? They take hours, and people have better things to do than watch one.
Saturated Market
There is a lot of competition in the jewelry industry.
We have jewelry stores, pawnshops, and small enterprises in malls and other venues. These shops compete for clients and provide a diverse range of goods.
It’s actually rather difficult to choose which place you want to shop at.
This isn’t helpful for Sabika Jewelry because they’re an MLM, which makes them rather difficult to find.
To be honest, if I desire jewelry, I’ll just go to a store and get it. I wouldn’t even consider looking for an MLM that could sell me one.
There are also MLMs who sell jewelry, like Origami Owl and Noonday Collection.
Bad Return Policy
Unlike their repair policy, their return policy is a lot more strict than other companies. You only have three days to request a refund for your purchase.
You also have to wait for the company to send you a return kit. Talk about red tape.
It is an MLM
This is an MLM, so it means that a lot of people definitely failed in this venture. In fact, 99% of people who join MLMs fail to make money, and they do not even earn back their initial investment.
Sabika Jewelry Compensation Plan
The company’s compensation plan can be found in this link.
It is a rather simple compensation plan, so I would not bother having to explain it too much.
The video below can help you understand it.
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 an 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.
- In the remaining 26% that actually make money, 53% of them make less than $5000/year.
- 39% of 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 MLMs, because 50% of all MLMs participants quit within one year.
- 75% people that joined MLMs say that they will never again join any kind of MLM.
- A poll was conducted in 2018 among 1050 MLM distributors and it was concluded that most of them made 70 cents an hour and 20% of them did not make a sale. 60% of them made less than $500 in sales over the past 5 years and 32% of them acquired credit card debt to finance their MLM involvements.
SOURCES:
Final Verdict – Sabika Jewelry
Now that you’ve finished reading our Sabika Jewelry MLM review, I hope I’ve answered all of your questions regarding the company.
As a thank you for reading this far into the review, I’d like to offer you a few more useful tips that will aid you in your future endeavors.
Remember, before you jump into an opportunity like this, you must first understand the dangers. Make it a habit to ask inquiries.
I understand that bombarding a stranger with questions might be unpleasant, but you should realize that this is for your own benefit. Inquire about their earnings. If they are unable to respond, decline the offer.
Also, even if they advise you to, do not quit your well-paying work. You have control over your own destiny. Allowing strangers to make life-altering decisions for you is not a good idea.
If you’re searching for a method to make money online, I recommend checking into the option described in the following section. It is far superior to joining an MLM.
That’s it for my Sabika Jewelry MLM review. Hopefully this Sabika Jewelry MLM review helps with your decision.
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