Thirty One Gifts Review
Thirty One Gifts is an MLM business opportunity that offers handbags and other storage products. The company was established in 2003 and is owned and managed by Cindy Monroe.
The business allows their customers and prospective customers to become the company’s consultants in order to sell their products, host parties and most importantly make money. Currently, the business has over 90,000 independent sales consultants all over the U.S and Canada. This is amazing given that the company has only been in operation for less than two decades.
This year Thirty One Company went through some reorganization and closed its Ohio production facility. The closure of this facility took away about 74 jobs. When the company opened the Ohio distribution center in 2011, they promised that they are going to create as many as 500 jobs; however, most of those jobs were never created.
Along with the closure of the Ohio distribution facility, about 220 workers will lose their jobs in Johnstown. Their Easton operations will continue as usual.
Companies sometimes have to make tough decisions such as reducing the number of employees in order to maximize their profits. It’s sad to see people lose their jobs, but business is business.
Thirty One Gifts Review – The Product Line
As mentioned earlier, Thirty One Gifts is a direct selling company that specializes in women’s fashion niche. This sees the company market a variety of personal accessories, wallets, jewelry, thermals, purses, totes, organizer bags and homeware.
The company offers a lot of products that cannot be listed here individually; however, a full list of their products along with the retail pricing is available at their official website.
Of note is that the company was faced with a lawsuit in 2010. The lawsuit was filed by Miche Bag who claimed that Thirty One Gifts was selling bags that had interchangeable outer covers.
However, Miche Bag lacked evidence to support his claims and decided to withdraw the case. He had to pay Thity-One Gifts $10,000 to cover legal costs.
Thirty One Gifts Review- The Compensation Plan
The Thirty-One Gifts compensation plan pays affiliates to sell the company’s products to retail customers. Affiliates are also paid commissions when they sponsor or recruit new members to the business.
The business utilizes the unilevel compensation plan to pay out residual commissions. This type of commission is paid out down to a maximum of three generations per unilevel group.
Retail Commissions
Thirty One Gifts affiliates are entitled to an initial commission of 25% on retail customer orders. Based on the rank of the affiliate, the retail commissions are paid as follows:
· Director- Receives 28% retail commission
· Senior Director- Receives 30% retail commission
· Executive Director- Receives 32% retail commission
· Senior Executive Director- Receives 34% retail commission
As you can see, the retail commission starts at the Director rank.
Residual Commissions
As mentioned above in this post, Thirty One Gifts pay out residual commissions via a unilevel compensation plan. A unilevel compensation plan places an affiliate at the top of a unilevel group, with every affiliate that you personally recruit placed directly beneath you (level 1).
All the affiliates that are recruited by level 1 affiliate are placed directly beneath them (level 2). If any level 2 affiliates sponsor a new member, they are placed directly under them (level 3) and so on and so forth. In general, this structure can have an infinite number of levels.
Commissions are paid out through generations, with a generation in this type of compensation plan defined when another Director ranked affiliate is discovered in any given unilevel team. The commissions are paid as follows:
Consultant – Does not receive any MLM commissions
Senior Consultant – Receive 2% commission on the first generation
Director – Receives 3% commission on the first generation and 2% commission on the second generation
Senior Director – Receives 5% commission on the first generation, 3% on the second generation and 2% on the third generation
Executive Director – Receives 7% commission on the first generation, 3% on the second generation, and 2% on the third generation
Senior Executive Director – Receives 9% commission on the first generation, 3% on the second generation, and 2% on the third generation.
Director Rank Achievement Bonus
When an affiliate qualifies as a Director, he or she is awarded with a one-time bonus of 1,000 dollars.
Developing Director Bonus
This type of bonus pays out affiliates 1,000 dollars to 7,500 dollars when the affiliates they personally recruited qualify for the Director or a higher position. The bonuses are paid as follows:
Director – Receives a Developing Director Bonus of $1000
Senior Director – Receives a Developing Director Bonus of $1000
Executive Director – Receives a Developing Director Bonus of up to $3000
Senior Executive Director – Receives a Developing Director Bonus of up to $7500
It seems like the company offers a three month qualification period for this type of bonus, however the compensation plan materials is not clear as some vital details are still missing.
Joining Thirty One Gifts
The affiliate membership cost for a new member is $99. Shipping and handling is extra.
Is Thirty One Gifts Scam?
So the question that gets raised a lot is….Is Thirty One Gifts A Scam?
Well you’ll be happy to know that it definitely is not a scam. Thirty one gifts has been going since the 1930’s and has had a lot of very good reviews and a lot of people have made money selling their products.
Conclusion
The company appears to be ideal and legitimate business opportunity that targets women who are enthusiasts of fashion.
The 2010 voluntary dismissal lawsuit of Miche Bag is a good indication that the company is legitimate and offers quality products.
On the compensation side, Thirty One Gifts offers outstanding retail commissions, by way of increasing the commissions with the ranking of the affiliate. Most direct selling businesses usually do not include retail commissions in their compensation plan, which makes Thirty One Gifts an amazing MLM business opportunity.
If you are new to this type of business opportunities, it is highly advisable that:
You do not purchase a lot of products upfront because you might not be able to sell all of them
Fashion always keeps on changing from one season to another, it is therefore important that you purchase your products accordingly. Remember, Thirty One Gifts is a women’s fashion niche and women’s fashion is a very competitive business.
Do some thorough research about the kind of competition that you expect from your local stores before you decide to join this business opportunity.
If you are satisfied with the above qualifications and you believe that you are perfect at approaching people and encouraging them to join Thirty One Gifts, go for it.
I hope you enjoyed my Thirty One Gifts Review post. If you would like to know what company I fully endorse and actually presently endorse myself then read on….
Great Company But What Do You Promote Manny?
So I fully recommend the opportunity that you can access below. I have gone right through the whole system with a fine tooth comb and think it is one of the better opportunities out there which is why I now personally endorse it.
I have been marketing it for just a short while and am already making thousands of dollars using it and I know that this works for absolute newbies as you will see if you click the image below.
