BambooPink Review
Thanks to Repspace poster Abbey, I decided to do a quick review on a company called BambooPink, a relatively new MLM company that seems to really have a solid, albeit common package to offer anyone looking for a new plan. The BambooPink company is the latest project of the boutique jewelry line known as JudeFrances, and was founded by Nieman Marcus, Jude Steele, Frances Gadbois and partner Debbie Millar. Having been previously unheard of, they were made popular by producing jewelry for celebrities such as Paris Hilton, Oprah Winfrey, and Kristin Chenoweth. The products consist of unique pieces designed by co-founder Frances Gadbois and are sold at varying prices starting at $19. Although the majority of their products do sell for under $100, they do run a high end line that goes a bit beyond that. The company utilizes the standard direct selling model in hopes promoting their product line and becoming a real contender in the mlm market.
Compensation Plan
Like many other companies, BambooPink does its promoting via home parties, word of mouth, demonstrations, and online web sites. The company compensation Plan goes into detail about 10 potential revenue streams which are available to consultants, although I wasn't able to find any detailed information online. I was even unable to find any detailed MLM compensation plan info on their representatives web sites, which is really unusual. What I do know is that Bamboo Pink uses a unilevel compensation plan that pays seven levels deep and yields up to 30% retail commission, plus 20% fast start bonuses, global bonuses, team bonuses, and bonus.
I generally feel a little cautious when it comes to a company being unable or unwilling to put the effort into clearly outlining their policies. The MLM market has a reputation it has slowly been trying to improve, that is to say some might say it exists within an ocean of scams, fails, and financial ruin, but within that ocean,there are some amazing success stories. There is no reason at all a new MLM company can't provide details about the compensation plan it offers. The web site is laid out nicely, with photos of the founders and links to their story, but when it comes down to it, there isn't any really valuable information. The compensation plan is actually referred to several times, but there is no info on start up cost, or commissions.
There are however several things going for the company, one of which is the founders. This is a quality product, its been tested on the field, approved for quality, and we know off bat that this is a professional business, so being scammed is not a concern. However, whether the already established business dynamics will yield the same results in a home business environment is another story. After all, Betty who lives next door is not Paris Hilton, and there are already successful mlm jewelry companies in circulation with much more experience.
Bamboopink
2222 Michelson Drive Ste. 2430
Irvine, CA 92612
Phone: 888.503.7231
Fax: 949.724.9743