Do you loveessential oils, candles, and other scented products?
Are you thinking about joining Scentsy so you’re free to turn your passion into a business?
First, give a shot to learn more about this business model and what it entails.
The company has its headquarters in Meridian, Idaho, and sells through independent consultants.
Customers can also order online or become distributors themselves.
This allows consultants to actively engage with potential customers and build genuine relationships.
They also have the option to recruit others and earn bonuses based on downline sales.
The higher your rank, the more money you’ve got the option to make.
But many of these companies received backlash for their deceptive practices.
“Multilevel marketing is a $36 billion industry.
People are intrigued by the opportunity to make money, but our research shows that they often do not.
Scentsy: Legit business or scam?
Scentsy has some great products, from handcrafted warmers and diffusers to body creams.
Over the years, it won several awards and generated billions in revenue.
Three years later, it was named the Philanthropic Business of the Year.
Plus, it has an annual revenue of over $472.9 million, according toDun & Bradstreet.
Given these aspects, it’s fair to say that Scentsy is a legitimate business.
However, it does operate as an MLM and hence cannot guarantee the success of its distributors.
TheFederal Trade Commission(FTC) explains that MLMs rely on independent consultants to market and sell their products.
After that, you must sell products worth at least 200 points per month to maintain your membership.
All consultants get access to online training, free marketing resources, business tools, and ongoing support.
How much you might earn depends on the time and effort you put in.
Just because Scentsy is an MLM doesn’t mean you won’t make money.
Should you become a Scentsy consultant?
TheFTCstates that most people who join legitimate MLM companies barely make a dime.
Generally, this business model works best for those with a large connection of friends and acquaintances.
Another option is to sell your products online.
However, you’ll still pay a small monthly fee after the first three months.
Consider the costs of advertising, too.
If things don’t work out, you’ll end up losing time and money.
If you have a large following on social media or lots of friends, then go for it.
Weigh the pros and cons, draft a business plan, and start small.
Think outside the box and seek new, creative ways to market your products.
