What Is Beautycounter
Beautycounter is a skincare and makeup company. It was founded in 2013 by Gregg Renfrew, head of operations, and is Based in California.
The stated goal of Beautycounter is to provide safe and natural skincare and makeup goods.
Beautycounter claims to sell clean products formulated without over 1,800 common ingredients allowed in the US but banned in Europe.
There is also an earning opportunity for the members of Beautycounter.
How much can you make by selling products through independent sellers known as Beautycounter consultants? They also reward consultants for recruiting more members to the business.
Beautycounter offers the following products:
- Men’s Skincare
- Bath and Body
- Skincare
- Makeup
Who is Gregg Renfrew?
Gregg Renfrew was inspired to create cleaner, less damaging products after watching the movie “An Inconvenient Truth.” Later, in 2011, she discovered that only thirty ingredients are banned in personal care products in the US, while the EU has banned over 1,400 chemicals.
She also has a history of advocating for sustainability and a cleaner environment.
Her passion for making beauty products safer for customers led Beautycounter to grow to a nearly $1 billion company in just 10 years.
How can you make money through Beautycounter?
There are two methods through which consultants can make money with the Beautycounter.
- Sell Beautycounter products
- Recruit new consultants to Beautycounter and earn a commission for each recruitment.
Beautycounter’s main selling point is how safe their products are. Which is a good selling point.
People believe chemical-based products harm you, so when you use terms like ‘all-natural,’ they tend to buy them.
Beautycounter’s products are sold exclusively by consultants, which gives customers that feeling of getting exclusive products.
Customers feel like they are getting something exclusive; they feel special, making them want to buy more.
Consultants have their websites where customers can look at their inventory and shop. The website helps the consultants keep track of their business and helps them make their business 100% online.
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How Does Beautycounter Work?
To determine how consultants earn a commission, look at the Beautycounter compensation plan.
Have a look at this video https://www.beautycounter.com/join
There are different opportunities to make money on Beautycounter:
Retail Commission
As the video said, you can earn a 25% commission on any sales you make. We assume this includes sales made through your website.
Earning a commission on any sales is helpful because when customers buy online, you automatically get a commission, which means you don’t need to worry about handling and delivering products to clients.
Personal Sales Bonus
If you generate enough Personal Volume sales, you earn bonus commissions.
The compensation plan explains that this is based volume of sales made to your customers; this bonus is an additional retail profit.
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Override Commissions
The override commission is the commission you earn from your downline. If you sponsor others to become Beautycounter consultants, any product they order will be your Business Volume (BV).
The commission you can earn depends on your rank in the system. If you sign on as a new consultant, you can earn a 5% override on any orders from other consultants you have personally sponsored.
Once you start climbing the ranks, you can earn more commission from more levels in your downline.
The fundamental flaw of Beautycounter MLM is that most members don’t make any money.
Gregg Renfrew, founder, and CEO of Beautycounter, said that her brand opted for a direct sales strategy to empower and create more economic opportunities for women.
However, a closer look at the 2019 income disclosure statement showed that while 10% of all consultants made big bucks, around 82% made a mere $45 monthly. It also meant that 82% of the brand’s consultants wallowed in the lowest ranks.
This amounts to about $552 a year.
The top 25% of consultants in this rank raked in $138, while the bottom 25% made nothing in commissions.
As with most MLM companies, you must keep selling products to remain an active consultant.
Is Beautycounter a Pyramid Scheme?
In the traditional sense? No.
It is not an outright pyramid scheme since consultants can make money through commissions selling products. Technically, a pyramid scheme does not sell anything of value – this is why they are illegal in almost every country. But many MLM companies sell legitimate products and services.
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Beautycounter representatives are paid for both recruitment of new members as well as for selling the brand’s products, and it is clear that Beautycounter is not a pyramid scheme.
The problem is with MLM as a business model. In his book Multi-level Marketing Unmasked,
Jon Taylor found that 99.7% of people who join direct selling companies lose money.
Despite what you hear in the sales pitches, it is doubtful that you will make money from any network marketing company.
MLM is a way for companies to sell products without employing a sales force or spending money on traditional advertising and promotions.
Instead, they build a network of loyal believers willing to pay unusually high prices for the added hopes and dreams of financial freedom.
The compensation plan may look appealing but it makes the products more expensive. Even at their wholesale prices, there is a 31.25% price loading to pay the commissions to the MLM.
The only way to make money with Beautycounter is if you make a lot of sales. Any salesperson will tell you that a good quality product is the best way to make sales.
When it comes to earning a bit of extra cash, there are many sites to choose from. Unfortunately, many involve completing lengthy surveys or waiting ages for a discount from a shopping app.
There are many legitimate ways to make money online.
I highly suggest learning if you want to find a legit way to make a full-time income online. This program will help you to start your own affiliate marketing business.
I joined that website a few years ago and learned many necessary skills that helped with my projects.
There are multiple ways to make money with your blog, and the best one to start with is affiliate marketing because of the ease of it and the lowest cost (free).
What is Affiliate Marketing?
Affiliate marketing is a specialized form of marketing where an advertiser seeks to advertise or sell products or services through an affiliate network.
Affiliate marketing offers you a solution to promote products and services without owning or creating any of them. You earn commissions when you drive new sales for the products and services you promote.
Affiliate programs are free to join; I would be suspicious of those that ask for money to join their affiliate program.
Display ads earn you a little once your site has a lot of traffic; then, you can get into ad networks that pay for quality blogs.
After a while, you can create your digital product and sell it through your blog because by then, you will have become an expert in your niche and have a following.
Money will come if you first provide value to your readers before all else; this should be your primary objective for your blog.