Earn Extra Income with Silpada Designs
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Silpada Designs is a direct sales company that distributes sterling silver jewelry through independent representatives. It was founded by Bonnie Kelly and Teresa Walsh, and is based in Lenexa, KS.
Bonnie and Teresa met as school room mothers. The two had a lot in common and quickly became close friends. Soon, they were working together to find ways to earn income from home. They tried several different home business, but didn’t truly begin to love their work until they started Silpada Designs, because in addition to families and the need to earn additional income, they also shared a passion for jewelry.
The two met as school room mothers, quickly became friends and began discussing ways to earn money from home. They tried several business ideas, but only became truly passionate about their work when they started Silpada Designs. This is because in addition to kids and the need to earn extra income, they also shared a love for jewelry.
With that kind of enthusiasm surrounding it, Silpada Designs got out of the basement in 1997 and on the road to what it is now. It is the fastest growing .925 Sterling Silver Home Show in the United States. Its network is made up on thousands of independent Representatives across the country, and its Home Shows are currently averaging $750 in gross sales.
At that average, a Representative can make $450 a week just by holding two average Home Shows, with a commitment of only six to eight hours of work. A really driven Representative might hold five shows a week and bring home an annual income of $54,000!
Based on that $750 average, a Representative can earn $450 a week by holding just two average Home Shows, with only six to eight hours of work involved. For a really ambitious Representative holding five shows and working 16-20 hours a week, the annual income would be $54,000!
Representatives earn 30% commission their sales with the potential to earn additional commissions on the sales of recruits they sponsor, starting with their first recruit. They can keep commissions immediately after making the sale, instead of waiting for them to be returned from corporate.
Representatives earn 30% commission on retail sales. There is no waiting period or sales quota to meet in order to obtain commissions. Representatives can also earn commission on the sales of recruits they sponsor. This begins with the first recruit.
Throughout the year, Representatives who meet certain sales and recruitment goals can qualify for free jewelry and prizes, special conferences in cities across the nation, and annual incentive trips. The trips, called “Silpada SOAR” trips, are set in tropical locations all over the world and Representatives get to bring a guest along for free. The Fast Start Jewelry Rewards Program allows new Representatives to earn $3,000 worth of jewelry in their first 100 days. There are also monthly incentives for established Representatives to earn more free jewelry.
Hostesses can receive a value in free jewelry up to 30% of the total Home Show sales. They earn extra bonuses if the Representative obtains two bookings from the party.
Silpada Designs still clings to traditional network marketing tactics, such as recruiting neighbors, friends and people at the grocery store. Many network marketers have found such methods discouraging, as they often result in the representative becoming a neighborhood pariah whose business is at a stalemate.
The problem with the Silpada Designs business model is that it can be rather limiting. The company still clings to the traditional methods of multi-level-marketing (call your sister, your neighbor, recruit your bank teller). Many network marketers have discovered that those types of resources are quickly exhausted, and their business ends up at a stalemate.
Internet marketing is the new wave in network marketing, generating thousands of leads who pursue the representative, already sold on the product or business opportunity being offered. Nevertheless, Silpada Designs holds to the following policy:
NOTICE TO ALL ACTIVE INDEPENDENT SILPADA DESIGNS REPRESENTATIVES
According to the Silpada Designs Corporate Web Policy active Independent Silpada Designs Representatives are prohibited from listing on a business directory or other Web site using the company’s trademarked terms, including, but not limited to, “SILPADA” and “SILPADA DESIGNS”. As such, all active Independent Silpada Designs Representatives may not list on this Web site. Any such listing will be considered a violation of the Silpada Designs Corporate Web Policy and will be subject to all remedial actions.
It costs $199 to become certified as a Silpada Designs independent Representative. Included in that price are training materials to help new Representatives build their business and develop recruiting skills. Additionally, Representatives need to purchase jewelry kits to bring to Home Shows so that guests can touch, feel and try the products on.
Representatives receive 50% discount on jewelry kits and personal jewelry purchases.
The Silpada Designs home-based business opportunity might not be for everyone, particularly those desiring to use online marketing systems. However, for silver jewelry fans, it may be a rewarding and enjoyable way to earn extra income.
August 5, 2008 by Cathy Yeatts
Filed under Network Marketing




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