Hello, my friend and a very warm welcome back. Today’s review is going to be on a multi-level marketing company called Stamping Up!
There are tons of ways to make money online but not all of them are good and not all of them make you money.
Just because something is legal doesn’t mean that it will work for you and become a big earner.
Millions of people sell products online every day because it means people can work from home.
No boss to answer to and only a posting schedule to keep.
This MLM sells stationery products through direct selling and has been around for over 34 years. That makes it sound like it works but will that be the case?
This review will dive into how it works, how you make money and the rules and regs of being in this business model.
By the end, you will know if this is your ideal business or not!
Disclaimer: I am not a member or an affiliate of Stampin Up. All of the information for this review is available online within the public domain and that means anyone looking can find it.
This review is my personal opinion and is based on me buying many programs of this kind. You are free to agree or disagree with my opinions.
If you buy it I will not be compensated.
Stamping Up MLM Overview
Company Name: Stamping Up
Program Type: Multilevel Marketing Company Selling Craft Supplies.
Created By: Shelli Gardner and LaVonne Crosby. (sisters)
Entry Cost: $99.00
Is It Recommended? Yes and No.
MLM’s are a bit like Marmite or Vegemite you either love or hate them.
I do recommend this business model to people who like to do direct selling, by going to party’s and doing small business meetings.
If you have never done direct selling before you could really struggle with this and there are other costs involved apart from the starter pack price.
To be honest this one has pretty low costs involved compared to many others that I have seen and been involved with.
About The Company
The Stamping Up company was founded back in 1988 by sisters called Shelli Gardner and LaVonne Crosby. It is in a very different niche to most being in the papercraft supply business.
Their headquarters are in Utah USA, but they also operate in Canada, Australia, New Zealand, Germany, France, Austria, the Netherlands, and the UK.
Looking at the DSA there are no complaints to be found because they follow the rules.
The company is now run by Shelli and her daughter Sara Douglass who is the CEO.
What Does Stamping Up Sell?
Stamping Up sells products for people who like to make lots of crafts, so ideal for arty people.
You can buy:
- Scrapbooking materials
- Punches of different shapes
- Merchandise For Logos
- Collection Kits
- Card Making Materials
- Felt Sheets
- Embossing Folders
- Shipping boxes
- Wrapping Paper
and so much more art and craft materials.
If you buy everything in the kit form it works out a lot cheaper than buying things individually.
How Much Is It To Get Started With Stamping Up?
There are various kits that you can purchase to get you started and the minimum is $99. You can choose anything up to the value of your kit which on the $99 one is $125.
A business pack to get you going.
You will also be supplied with a website to use as a distributor where people can order from and also join the program.
The website may incur an additional fee.
How To Make Money With Stamping Up?
As this is an MLM company one of the best ways to make money with it is to invite others to buy into it.
Yes, you need to recruit!
Apart from that, the compensation plan has 8 levels and in most cases, these are generally complicated, However, this one is pretty straightforward.
There are also bonuses and rewards available to you once you reach certain levels within the compensation plan.
Every new member starts on the Bronze level.
To be able to move up in level you have to fulfil 3 criteria’s. Selling, Recruiting and Leadership.
You can find out more info on the compensation plan through this link. There are many more parts to it.
The Instant and Deferred Income Method
Instant income is received instantly when any order with a commissionable product is entered into the buying process. Deferred income is when a customer uses a credit card for the purchase.
The Volume Rebates
These rebates are paid out to you monthly and depend on the number of products you sell you can earn a volume rebate of between 4% and 13%.
The Team Commissions Structure
Team commissions are a percentage of the team members sales given to the team leaders for building a team. And they are paid monthly.
The Performance Bonuses
Performance bonuses are paid out to demonstrators who achieve excellence in recruiting, selling, and leading.
To maintain your status as an active distributor you need to have $300.00 in sales every 3 months so $100 each month.
The sales can come from you buying any of the products that you then sell to customers.
The Pros Of Stamping Up
1. This is a very well established company that has been around since 1988 and has a good reputation with the BBB.
2. This MLM is not really focused so much on recruiting, it is more concentrated on selling the products and there are lots to choose from.
3. It doesn’t cost very much out of pocket to get started, unlike many other MLM offers.
4. There are lots of pieces of training available as well as support from your mentor and a community that can be accessed through StumpingConnection.com.
The Cons Of Stamping Up
1. You have to be able to recruit in order to move up levels.
2. MLM’s are notoriously hard to make money with and 99% of people that join them fail.
3. The products can be purchased on Amazon and that makes your job a lot harder.
4. How do you find people when you have run out of friends, family and their friends?
5. Is hosting parties something people do in 2021? It was something that happened over 30 years ago for sure but I’m not so sure now.
6. Maybe paid ads to your website is the way forward with this, using a different marketing strategy may well be better for you.
7. It has been proven that many people in MLM’s are in big debt because they have to purchase the products themselves in order to stay involved.
Is Stamping Up A Scam?
No. Stamping Up is not a scam it is a legit MLM business model with physical products to sell.
However, you will only be paid when you sell something or recruit a new member who goes on to sell products and even then the amount is a commission.
For every $100 of products sold you will get $20 and that goes up to $25 on certain levels.
Working it out to being able to earn a full-time income you have to sell thousands of dollars of merchandise every month.
Let’s say you want to achieve $2,000 in wages you and your team would have to make sales to the value of $10,000 every single month.
Another consideration for you is how many arty people do you know that will buy from you?
I am not a fan of MLM’s even so they do work for people who love to sell.
I’m more about helping people to get great training on building their own online business that won’t disappear one day like Stamping up could.
My number 1 recommendation provides everything you need to work from home online, training, support, security, hosting, a website, and domain names.
After being involved with MLM’s myself I can tell you that it is seriously hard work for very little reward. Being an affiliate marketer is working smarter not harder.
If nothing else building your online business through affiliate marketing at least you own everything and you are your own boss!
Wealthy Affiliate has the most up-to-date, state-of-the-art interactive step-by-step training platform online as well as an amazing community of entrepreneurs.
I hope you found my review informative.
Lisa. Founder and CEO of mistakesbloggersmake.com