Selling products from direct sales companies like Color Street has become an increasingly popular side hustle and work-from-home opportunity. With promises of easy money, flexible hours, and the ability to be your own boss, it’s no wonder many are drawn to try their hand at direct sales. But does selling Color Street nail strips really pay off? Here’s an in-depth look at the earnings potential with this company.
What is Color Street?
Color Street is a direct sales company that sells nail polish strips, also called nail wraps. Their strips come in a variety of colors and designs that can be applied like stickers onto your nails for an easy DIY manicure.
The company was founded in 2015 and has grown rapidly over the past few years. Women sign up to sell Color Street products directly to customers as independent distributors. They earn commissions from their sales and can recruit others to sell below them for additional income.
How much money can you make selling Color Street?
The big question is: How much money can you realistically earn as a Color Street distributor? Let’s break it down.
Retail Profits
The most straightforward way to make money with Color Street is to buy the nail strips at wholesale prices and sell them for retail prices. Distributors get a 25% discount on all products they purchase. For example:
- Wholesale price: $13 per box of strips
- Retail price: $15 per box
- Profit: $2 per box
So if you sold 10 boxes a month at a $2 profit each, you’d make $20. The more you sell, the more you make.
Team Commissions
You can also earn money by building a team under you. When you recruit someone to become a Color Street distributor, they are on your team. You earn a percentage commission off the sales from your team.
Here are the team commission rates:
| Team Sales per Month | Commission Rate |
|---|---|
| $0 – $999 | 10% |
| $1,000 – $2,499 | 12% |
| $2,500 – $4,999 | 15% |
| $5,000+ | 18% |
For example, if your team sells $3,000 in product, you’d earn 15% of $3,000 as your commission, which is $450.
Incentive Trips & Prizes
Color Street offers incentive trips and prizes to top sellers. These vacation experiences and bonuses can add up to thousands in extra income. Qualification is based on your team’s sales totals for certain time periods.
Some examples of incentives include:
- $200 for hitting $1,500 in team sales in 1 month
- $400 for hitting $3,000 in team sales in 1 month
- All expenses paid cruise for $20,000 in team sales in 3 months
The trips are a major motivator for many to sell more and build their teams.
What is the earning potential?
What can savvy sellers expect to earn based on others’ experiences? Here’s an overview of the income possibilities with Color Street:
Low end:
$0 to $500 per month
This is typical for a distributor who sells occasionally to family and friends. Retail profits provide a little bit of side cash but not much.
Average:
$500 to $2,000 per month
Many active distributors who put in about 5-10 hours a week fall in this earnings range. They have a decent sized team and customer base generating consistent sales.
High end:
$2,000 to $5,000+ per month
The top sellers devote 20+ hours a week to their business. They have very large teams (50+ people) and leverage social media to drive sales. This income replaces a full-time income for some.
Top 1%:
$5,000 to $15,000+ per month
A very small number of elite sellers achieve this high level of income. They have massive teams with hundreds of distributors and use their leverage and influence to maximize profits.
Factors that affect earnings
There’s quite a wide range of earning potential with Color Street. Why do some make just a few hundred a month while others make over $15K? Here are some key factors:
- Effort put in – Like most businesses, the more time invested, the higher the reward.
- Sales skills – Ability to promote products and close sales is important.
- Team building skills – Recruiting and training a large team takes certain leadership abilities.
- Leverage – Top earners use social media to reach wider audiences.
In general, the greatest factor is a person’s ability to build and manage a large team. Because team commission scales up infinitely with more distributors added, this is where the big money is made.
Is Color Street a good opportunity?
Color Street offers proven products that many customers love. Compared to selling other direct sales companies’ beauty products, you don’t have to compete as much with big box retailers. The startup cost is also low at just $129.
However, some downsides exist. There is a high level of saturation now with over 130,000 distributors. Standing out from the crowd is difficult. While building a team creates high income potential, it also takes much more effort and leadership abilities. Those just wishing to sell solo will earn limited profits.
The bottom line?
- Realistic retail profits: $100 – $500 per month
- Hard work building a team could generate: $1,000 – $5,000+ per month
For part-time income seekers, Color Street provides an appealing opportunity with low risk. But for those wanting to replace a full-time income, it will take major dedication and leadership skills – just as with any entrepreneurial venture.
Conclusion
Selling Color Street nail polish strips can certainly make you money. But actual profits greatly depend on your effort level and abilities to market products, recruit team members and train new distributors. While retail profits alone may earn you $100 to $500 per month, building a large team offers the potential for several thousand in monthly income.
Overall, Color Street is a solid direct sales business opportunity. But like any work-from-home venture, significant income requires the ability to sell, recruit, train and leverage systems. For part-time earnings, it may be a good fit. For high earnings, be prepared for a major time commitment and entrepreneurial challenges.