Do you like fashion or jewelry? Do you like hosting a party? Are you a fashion blogger/YouTuber/Instagrammer who wants to monetize your media channels?
If yes, become a Stella & Dot Ambassador or join Stella & Dot affiliate program can be your side income.How to Make Money as a Stella & Dot Ambassador in 2020 Click To Tweet
What is Stella & Dot?
Stella & Dot is a social selling company (MLM company) based in California that creates flexible business opportunities for women.
What do they sell?
They sell jewelry, bags, accessories, and clothing for trendy women.
I currently own some of their pieces, and I like it a lot. It’s really unique and pretty for fashion jewelry.
(These are some of my favorite collection from Stella & Dot!)
DISCLOSURE: This post may contain affiliate links, meaning I get a small commission if you decide to make a purchase through my links, at no additional cost to you. Please read my full disclaimer here for more info.
How you can make money?
You can sign up as a Stella and Dot Ambassador and earn money selling their unique brand of jewelry or skincare product.
You can decide when, where, and how to sell. This allows you to earn in a way that fits your lifestyle.
How can you sell?
You can sell in-person, virtually, on-the-go, through social media or however you choose. You don’t need to have an inventory. Stella & Dot take care of inventory and shipping.
Selling through social media is HUGE now.
For example, the Facebook Live video & YouTube video is an excellent place to sell online. 90% of consumers have said that online reviews in general influence their buying decisions. And also, 42% of consumers said that they wanted to see 360-degree views on products, so Facebook Live and YouTube videos can meet that expectation.
Instagram is also a good place to sell online! 95% of Instagram users are younger than 35 and they love shopping. 72% of Instagram users claim to have made a product purchase after seeing it on the app.
Attention: Check the Stella & Dot website and browse their products. Are you willing to pay for the full price? If no, then other people think the same.
Now, Let’s Talk About Money!
First, Stella & Dot’s compensation plan is not as easy to locate on their website. Before you join any type of MLM company, please check their newest compensation plan.
How much can you earn & how will you get paid?
You earn between 20-40% commission on sales. You’ll get paid weekly via direct deposit to your Stella & Dot debit card. I used to join Stella & Dot as Stylist (now it’s Ambassador) and I did not like this payment method. Therefore, I quit Stylist and join their affiliate program.
According to the income report from Stella & Dot, the highest commission was $36,400, the average was $1200, the top 25% of people earned $1500, and the bottom of 25% of people earned $200.
How much does it cost to get started?
OK, it’s not free to join.
You need to buy a starter kit to start your own Stella& Dot business. You can choose from Starter Kit for $199 or Virtual Kit for $99.
Starter Kit for $199 includes:
- Receive 50% off accessories in your first 30 days (after 30 days it will be a 25% discount anytime)
- Select kit from Mixed Boutique, Style Essentials Kit, Clean Beauty Kit, or Storyteller Kit. Each kit has 6-10 categories and you can select one item from each category (it’s $400 value)
- Access to your personal website
- Access Mimi your digital assistant app
Virtual Kit for $99 includes:
- Personalized website for a year
- Access Mimi your digital assistant app
- Your choice of Ever samples (skincare)
- Personal discount 20-75%
- 5 coupons (include 3 free shipping coupon, 2 free enrollment addons)
- 50% off Stella & Dot product in your first 30 days
Mimi is an app to make a stylebook and send it directly to your customers. It’s new. When I was their stylist, they didn’t have these types of tech.
Make Money Through the Affiliate Program
If you don’t want to buy any kits, you can sign up for an affiliate program! (It’s free to join)
Affiliate marketing is the process of earning a commission by promoting the brand’s product/service on your blog/website/social media.
When an affiliate link is clicked, a small file called a cookie is stored on the user’s computer. Then the user made a purchase, the merchant can see that they were referred by the affiliate link. (from your link)
If you sign up for Stella & Dot Affiliate Program:
- you’ll earn 12% commission from new customers and 5% commission from returning customers (if someone buys $100 product from your link, you earn $12 or $5)
- $100 commission for every new Independent Ambassador referral
- Monthly newsletter with updates on promotions, contests, and sales opportunities
Will Stella & Dot Ambassador Fit Your Lifestyle?
Stella & Dot Ambassador is a good way to make money if:
- You have money to invest
- Large social circle
- Strong sales strategy plan
- Many followers on social media
- You love jewelry
To make money as Stella & Dot Ambassador, you need to buy a starter kit as well as other products. You also need to keep buying a new collection to promote.
In other words, Stella & Dot is using Ambassadors to promote their products and also making money by selling their products to Ambassadors.
Think about how you’re going to make sales. Maybe you start out by leveraging friends and family members. This often works okay in the short-term, but not for the long-term.
You could end up losing money if you purchase many collections but don’t make a large number of sales.
Creating a successful long-term business requires expanding your audience pool and fewer business expenses.
Making money as Stella & Dot Ambassador, you need to build a strong sales strategy plan.
Stella & Dot provide a bonus, events, games to keep motivated their Ambassadors!
For example, they did an event called Share the Love Bingo in February 2020. (it was 5 x 5 bingo) Each square has a mission. If you filled 3 square you get $30 store credit that you can use at the Stella & Dot store. If you filled the whole square you get $900 value Gucci handbag. Woohoo!
It’s definitely NOT easy money. But, the more you sell, the more you get commission & bonus.