Stampin’ Up! is a Riverton, Utah based company that was launched in 1988. The company holds 500 employees in its Riverton office and has about 50,000 consultants in the US and Canada where it mainly operates. The company is quite widespread in the US where it is one of the top MLM businesses.
The founders of the Stampin’ Up! Company were two sisters, LaVonne Crosby and Shelli Gardner. The company was started as an avenue for people who wanted to get into some kind of home based business and make good money. But what they needed was a concept. The sisters decided that rubber stamping would be a good idea because both of them were quite passionate about it. The company began its operations of providing rubber stamped products to customers. The orders kept coming in and they needed to take a bigger place. The growth of the company has been going on since. Today, apart from its major operations in the US and Canada, Stampin’ Up! also operates in Australia, France, Germany, New Zealand and the United Kingdom. The Riverton facility was opened quite recently in 2004, before which the company was housed in Kanab in the same state.
There are two ways to join the Stampin’ Up! business. You can either pay $199 and take a Standard Starter Kit or pay $249 and take a Stampin’ Memories Starter Kit. These kits include various stamping supplies to get the person going about the business.
The MLM idea is to earn money through direct sales as well as through commissions earned from the network. During the direct sales, the persons get commissions based on what they sell. This allows people to set their own timings and put in their own kind of efforts at work. They can work as little or as much as they want. However, the main earnings are from starting up the network. As people recruit more members, they earn a small portion of their commissions and various bonuses when certain targets are reached. This also enables the sponsors to grow within the network and become eligible for higher bonuses and commissions.
The things that work for Stampin’ Up! is the simple business idea. Even a person without much of a business talent can get into this opportunity and make a reasonable amount of income. The qualifications needed include the ability to sell a product and that is the reason the company needs people entering the network to use the product and get to know them thoroughly before they begin promoting it to others.
Devendra Patel – Home Business Guru
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