Chloe + Isabel (now dissolved)

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Founded2011
HeadquartersNew York, New York, USA
Trust Score83/100
Views44

About Chloe + Isabel (now dissolved)

Chloe + Isabel (now dissolved) was a fashion and accessories MLM company founded in 2011 and based in New York, New York.

They offered a range of jewelry products through independent distributors, allowing them to earn commissions on personal sales and team performance. With a trust score of 83/100, Chloe + Isabel (now dissolved) had some credibility but ultimately closed operations in 2021.

Their compensation plan included various income streams like retail profits, bonuses based on sales volume, and leadership rewards. While they provided training and marketing resources, the company couldn't sustain itself in the long run.

Pros and Cons

✓ Pros

  • Strong trust score
    With a trust score of 83/100, Chloe + Isabel had a solid reputation among its distributors.
  • Diverse income streams
    The compensation plan included multiple ways to earn, like retail profit, bonuses, and commissions.
  • Focus on personal sales
    You could earn decent income from personal sales alone, without relying heavily on building a large team.
  • Leadership bonuses
    If you reached leadership ranks, you could earn additional bonuses, which incentivized growth and retention.

✗ Cons

  • Limited product range
    They primarily focused on jewelry, which might not appeal to everyone, limiting market potential.
  • High competition
    The jewelry market is saturated, making it tough to stand out and attract customers.
  • MLM stigma
    Being an MLM, it faced public skepticism, which could deter potential customers and recruits.
  • Now dissolved
    Chloe + Isabel is no longer operating, meaning any potential earnings or investments are completely lost.
Verdict: Chloe + Isabel had some appealing aspects, like a decent trust score and a varied compensation plan. However, its closure means any interest in their products or opportunity is now moot, so it's best to steer clear of it altogether.

Best for: This might have suited those looking for a flexible side hustle in jewelry sales, but anyone seeking a stable or long-term opportunity should definitely avoid it now.

Risk Analysis

Chloe + Isabel had a low risk profile during its operation, with a fair trust score. However, it's now dissolved, which is a significant concern for potential distributors.

Key Concerns

  • Company has dissolved, meaning no ongoing operations or support for distributors. critical
    Chloe + Isabel is no longer active, affecting all income potential and support.

Positive Indicators

  • Compensation plan offered multiple income streams.
    Distribution of income through personal sales, team commissions, and bonuses.
Consumer Advice: If you're considering an MLM, check if the company is still operational and assess its compensation structure. With Chloe + Isabel now dissolved, it's crucial to be cautious about joining any MLM without a solid foundation.

Frequently Asked Questions About Chloe + Isabel (now dissolved)

Is Chloe + Isabel (now dissolved) a legitimate MLM company?

Chloe + Isabel (now dissolved) was considered a legitimate MLM company before it closed. Founded in 2011 and headquartered in New York, it had a trust score of 83 out of 100. However, it ultimately ceased operations, which means it no longer exists.

What products does Chloe + Isabel (now dissolved) sell?

Chloe + Isabel (now dissolved) offered a range of fashion jewelry and accessories. Their products were designed in-house and included necklaces, bracelets, and earrings. They focused on trendy, affordable pieces that appealed to a wide audience.

How much can you make with Chloe + Isabel (now dissolved)?

Earnings with Chloe + Isabel (now dissolved) varied based on individual effort and sales. Distributors could earn retail profit margins of 20-40% on sales, plus bonuses based on personal and team sales volumes. However, specific income figures weren't publicly disclosed.

Are there any complaints about Chloe + Isabel (now dissolved)?

Some former distributors voiced concerns about the high pressure to recruit and sell. Many also noted issues with inventory costs and sales expectations. These complaints are common in many MLMs, so it’s something to consider if you're looking into this type of business.

What was the compensation plan for Chloe + Isabel (now dissolved)?

Chloe + Isabel (now dissolved) had a multi-level compensation plan. Distributors earned from personal sales, team commissions, and various bonuses for achieving ranks. This included a personal volume bonus and leadership bonuses for maintaining higher ranks.

What was the cost to join Chloe + Isabel (now dissolved)?

To join Chloe + Isabel (now dissolved), distributors typically had to purchase a starter kit. The cost of these kits varied, but they were generally affordable, aimed at attracting new sellers. However, many also faced ongoing costs for inventory.

What was Chloe + Isabel (now dissolved)'s BBB rating?

Chloe + Isabel (now dissolved) did not have a BBB rating because it is no longer in operation. Companies that cease to exist typically lose their BBB ratings as well. It's always good to check the BBB before joining any MLM.

What are some alternatives to Chloe + Isabel (now dissolved)?

If you’re looking for alternatives to Chloe + Isabel (now dissolved), consider companies like Stella & Dot or Paparazzi Accessories. Both offer similar jewelry products and MLM structures. Just make sure to research their current reputation and compensation plans.

Compensation Plan

Plan Type

This compensation plan is a unilevel structure. In simple terms, that means you earn money based on your sales and the sales made by people you recruit directly under you.

How Earnings Work

  • Retail Profit (20-40%): You make money by selling products directly to customers. You keep 20-40% of what you sell.
  • Personal Volume Bonus: If you hit certain sales targets each month, you get a bonus based on how much you've sold.
  • Team Commission: When your team sells products, you earn a percentage of their sales, too. This is where you benefit from helping your team succeed.
  • Leadership Bonus: If you reach higher ranks within the company, you can earn extra bonuses just for being a leader.
  • Fast Start Bonus: When you bring in new distributors who make sales quickly, you can get a one-time bonus.

Qualification Requirements

  • You need to meet monthly sales minimums to qualify for bonuses.
  • To move up in rank, you'll need to hit specific sales numbers and recruit new members.

Trust Score

83
/ 100
Low Risk
Flags & Notes
  • dissolved company status
  • lack of ongoing support
  • no available product inventory

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