Stampin' Up!

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Founded1988
HeadquartersRiverton, Utah
Trust Score88/100
Views48

About Stampin' Up!

Stampin' Up! is a network marketing company that specializes in rubber stamps and paper crafting supplies. Founded in 1988 and based in Riverton, Utah, they sell products through independent demonstrators.

Their compensation plan offers various ways to earn, including retail profits of 20-40% on sales, bonuses for personal and team sales, and leadership rewards. However, potential distributors should be aware of the income disclosure, which shows that earnings are heavily skewed toward top earners.

With a Trustpilot rating of 4.0/5 and a trust score of 84/100, Stampin' Up! seems to have a solid reputation. Yet, like many MLMs, they require monthly purchases to qualify for full commissions, which could be a red flag for some.

Pros and Cons

✓ Pros

  • Solid product line
    Stampin' Up! offers a variety of high-quality crafting supplies that have a loyal customer base.
  • Established company
    Founded in 1988, they've been around long enough to have built a solid reputation in the crafting community.
  • Flexible earning potential
    The compensation plan allows for multiple income streams, which can be appealing for those who hustle.
  • Community support
    Distributors often mention the strong community and support from fellow crafters, making it more enjoyable.
  • Good trust ratings
    With a Trustpilot score of 4.0/5, many customers and distributors seem to have positive experiences.

✗ Cons

  • Income concentration
    The income disclosure shows a high concentration of earnings among a small percentage of top earners, which can make it harder for new distributors.
  • Monthly purchase requirements
    To qualify for full commissions, distributors must meet monthly purchase requirements, which can add financial pressure.
  • Sales pressure
    Some distributors report feeling pressured to sell and recruit, which can be a turn-off for those looking for a casual side gig.
  • Limited market
    The crafting niche can feel saturated, making it tough to stand out and attract new customers.
  • Startup costs
    There are initial costs to get started, which can be a barrier for some potential distributors.
Verdict: Stampin' Up! has its strengths, especially with a solid product range and community support. However, the income concentration and purchase requirements could be red flags for those looking for a straightforward path to profits.

Best for: This could work for passionate crafters who enjoy building a community and are comfortable with sales. If you're looking for a low-pressure, hassle-free side income, this might not be the best fit.

Risk Analysis

Stampin' Up! has a low risk profile due to its established reputation and a solid compensation plan. However, potential recruits should be aware of the income distribution among distributors and monthly purchase requirements.

Key Concerns

  • Top earner concentration moderate
    The income disclosure shows that a significant portion of earnings is concentrated among a small percentage of top earners.
  • Monthly purchase requirements for full commissions moderate
    Distributors must meet monthly purchase quotas to qualify for maximum commissions, which could lead to unnecessary spending.

Positive Indicators

  • Established brand and positive customer feedback
    Trustpilot rating of 4.0/5 indicates customer satisfaction and brand loyalty.
  • Diverse income streams
    The compensation plan includes various ways to earn, such as retail profit and leadership bonuses.
Consumer Advice: If you're considering joining Stampin' Up!, weigh the potential for earnings against the need for personal investment. Make sure you’re comfortable with the monthly purchase requirements before diving in.

Frequently Asked Questions About Stampin' Up!

Is Stampin' Up! a legitimate MLM company?

Yes, Stampin' Up! is a legitimate MLM company. Founded in 1988 and based in Riverton, Utah, they've built a solid reputation over the years in the crafting community.

What products does Stampin' Up! sell?

Stampin' Up! specializes in crafting supplies, particularly rubber stamps, paper, and other accessories for card making and scrapbooking. Their products are popular among crafters and are known for their quality.

How much can you make with Stampin' Up!?

Income can vary widely with Stampin' Up!. While top earners can make significant money, most distributors earn a commission of 20-40% on their sales, plus bonuses based on team performance.

Are there any complaints about Stampin' Up!?

Some complaints do exist, mainly about the income disclosure showing a concentration of earnings among top sellers. A few distributors have also mentioned struggles with meeting monthly purchase requirements to maintain full commissions.

What is the compensation plan for Stampin' Up!?

Stampin' Up! offers a multi-level compensation plan. You can earn retail profit, bonuses based on personal sales, team commissions, and even leadership bonuses, which can add up if you build a strong team.

What does it cost to join Stampin' Up!?

Joining Stampin' Up! usually requires an initial investment of around $99 for a starter kit. This kit includes a selection of products to help you get started with your business.

What is Stampin' Up!'s BBB rating?

Stampin' Up! has an A+ rating from the Better Business Bureau (BBB). This score reflects their commitment to resolving customer complaints and maintaining a positive reputation.

Is Stampin' Up! worth joining?

Whether Stampin' Up! is worth joining depends on your goals. If you love crafting and have a passion for sales, it could be a good fit. Just be aware of the potential challenges, like sales quotas.

What are some alternatives to Stampin' Up!?

Alternatives to Stampin' Up! include companies like Close To My Heart and Creative Memories. Each has its own product lines and compensation structures, so it's worth comparing them based on what you're looking for.

Compensation Plan

Plan Type

Stampin' Up! uses a hybrid plan. This means you can earn money from selling products directly and by building a team of other sellers. Think of it like getting paid for your own work and also for your team's work.

How Earnings Work

  • Retail Profit (20-40%): You earn a percentage from selling products directly to customers. The more you sell, the higher your percentage can be.
  • Personal Volume Bonus: If you hit certain sales milestones each month, you get an extra bonus based on your sales volume.
  • Team Commission: When your team sells products, you get a cut of their sales too. This applies to multiple levels of your team.
  • Leadership Bonus: If you reach higher ranks in the company, you can earn additional bonuses.
  • Fast Start Bonus: You can get a one-time bonus for helping new distributors hit their sales goals quickly.

Qualifications

  • You need to meet monthly sales minimums to qualify for full commissions.
  • To earn team commissions and bonuses, you have to build and maintain your team.
  • To advance in rank, you'll need to achieve specific sales and team-building targets.

Trust Score

88
/ 100
Low Risk
Flags & Notes
  • Income disclosure shows top earner concentration
  • Monthly purchase requirements apply for full commissions
  • Top earner concentration
  • Monthly purchase requirements for full commissions

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