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This is the best review of Thirty One Gifts

 Thirty One Gifts

 

this is not a thirty one gifts purse

I chose to review Thirty One Gifts because it has been one of the fastest growing network marketing companies, since its inception. The last time I heard anything about Thirty One Gifts they were #83 in sales, amongst all network marketing companies. They have moved up to #17 in 2014. They are fast approaching $1 billion in sales. Does this mean it is a good company to join or not? Let’s find out.

 

If you are thinking about joining Thirty One Gifts, you should read as many Thirty One Gifts reviews as you can find. Be sure that the reviews you read are not written by current members of the Thirty One Gifts opportunity. They are just there to try to recruit you into the business and may not give you an unbiased review.

 

My review of Thirty One Gifts will be an independent and unbiased review. I am not, nor have I ever been a distributor of Thirty One products or the business opportunity. I am not trying to recruit you into Thirty One Gifts nor am I trying to sell you their products.

 

Whether you are thinking of joining Thirty One or any other network marketing company, I would urge you to do your own due diligence. I strive to provide you with useful information that should give you a good start into examining this company. Remember, this is only a start!

 

People frequently lose money, while trying to build any network marketing business.

 

Thirty One Gifts – the company and its history

 

In 2003, Cindy Monroe founded the company. She started it in the basement of her Chattanooga, Tennessee home. The corporate offices are now located in Columbus, Ohio. They consider the company to be a “faith based business.” The name of the company, Thirty One Gifts, is derived from an Old Testament passage, Proverbs 31. This passage offers women encouragement and it also celebrates all that women do.

 

Cindy Monroe is the current CEO

 

Jon Snyder is the current CFO

 

Scott Monroe is the current Chief Brand Officer

 

Technically, Thirty One Gifts is a direct sales and not a true network marketing company.

 

Thirty One does donate money to charities. If you’d like to read their website and find out which charities the give to you can find a list here:

 

Thirty One Gives

 

Thirty One Gifts – their financials

 

their financials

 

Thirty One Gifts is a privately owned corporation. It is difficult to get any financial information about the company. They did report that their gross annual sales, in 2014, grew to $763,000,000.

 

Thirty One Gifts – their Better Business Bureau rating

 

I checked the company’s Better Business Bureau rating. The company is accredited. They received their accreditation in 2013, 10 years after their founding.

 

They currently have an A+ rating. I like to see a company have at least an A rating, so this is a very good rating.

 

Keep in mind that the Better Business Bureau just tracks customer complaints and how well the company resolves them.

 

The complaints can be anything from delivery issues to the quality of products and many other things.

 

You can see the BBB rating for Thirty One Gifts here.

 

Thirty One Gifts BBB rating

 

Thirty One Gifts – their products

 

Thirty One offers products such as purses, totes, organizational items, jewelry and accessories. The pricing seems to be competitive on most of their products. I saw prices ranging from $2.00 for a Manicure Nail File. All the way up to $148.00 for their most expensive purse, called the Diamond District.

 

They break down their product line into 7 different categories. They are:

 

Accessories

Home

Jewelry

Purses

Thermals

Totes

Utility

Wallets

You can look through their 2015 Spring/Summer Catalog here:

 

Thirty One Gifts Catalog

 

I always suggest that anyone considering joining any network marketing company buy a sample product to check out the quality of it. These are the products that you will need to sell in order to make money. You need to be convinced that you could sell the products. If you don’t like the products it will be extremely difficult for you to sell them.

 

I did find a lot of their products for sale on Amazon. The ratings seem to be high. They are between 4.5 and 5 stars for most, if not all of the products. Unfortunately, not many customers have rated the products, yet.

 

If you’d like to buy a sample product off of Amazon you can go here:

 

Thirty One Gifts on Amazon

 

They have a separate category for products that are priced at or under $20.00.

 

You may be able to find a local home party to go to and you will be able to examine the products without having to purchase any of them.

 

Thirty One Gifts – if you become a Thirty One consultant

 

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If you do decide to join this direct sales company you can expect to pay $99.00 for your Enrollment Kit. This kit is said to contain $400+ of new products and business supplies. There are 2 different Enrollment Kits, however, they both contain the same products, you just get to choose the color scheme you want.

 

As of December 31, 2014, Thirty One Gifts had over 181,000 consultants.

 

Thirty One Gifts – what monthly fees can you expect?

 

1. Is there a required autoship program?

 

There is no autoship required. You do need to produce $200.00 per month to stay “commissionable.” The $200.00 per month does need to be at full retail prices. It is a 1:1 ratio between dollars spent and PV. This means that if you sell $200.00 at retail prices you have reached your $200.00 PV and you are “commissionable” for that month.

 

Anything sold at half price does not count toward your $200.00 PV per month. You can sell $200.00 to your customers or you could buy the $200.00 yourself.

 

2. Are there any ongoing, monthly fees?

 

The only fee that they have is for a personalized, but replicated website. The monthly charge for the website is $10.50. They do have an upgrade. It is an add on feature that acts like an autoresponder. It will automatically email all of your contacts to alert them of sales and other special pricing. The fee for this feature is $3.00 per month.

 

3. Are there any other fees?

 

I was told, when I called the company, that there are no other fees. No other monthly fees and no annual renewal fees.

 

Thirty One Gifts – business opportunity and the compensation plan

 

Since this company is a direct sales company, consultants are paid a 25% commission on each item that they sell.

 

There are 7 different ranks that you can achieve. Everyone starts out as a Consultant and one can move their way to the top level called, a National Executive Director.

 

You can recruit other people, to be consultants, into your downline. Depending on the rank that you have achieved, you can earn anywhere from 2% to 9% of the total, “commissionable” sales that your downline generates.

 

the comp plan

 

It’s a fairly straight forward compensation plan. It’s easy to understand. I do like that!

 

Here is a 1 page explanation of the compensation plan.

 

Thirty One Gifts – their income disclosure statement

 

I do have to say that they are very upfront about their IDS. The admit that 14% of all consultants earn no money at all. That leaves 86% who earn money each month. On the surface that sounds pretty good.

 

If you look into the numbers a bit more, you find that 92% of all distributors make less than $50.00 per month.

 

A mere 2.4% of all consultants earn $667.00 per month or more. The remaining 5.6% earn about $156.00 per month.

They do say that .02% of all distributors who make money each have made it t the top level.  They’ve rounded up!  That actually number of distributors at the top level is 24 and if you do the math, you’ll find that the actually percentage is .00018 or .018%.  That’s somewhere between typical and slightly better than the average for all network marketing companies.

 

They do add this disclaimer right after the break down of annual earnings:

 

Note that these figures do not represent a Consultant’s profit, as they do not consider expenses incurred by a Consultant in operation or promotion of her business. The figures above refer to gross income (total income before any expenses are deducted). The expenses a Consultant incurs in the operation of her Thirty-One Gifts business vary widely. Expenses for Consultants can be several thousand dollars annually.”

 

If a consultant does spend, even $3,000 annually, which is $250.00 per month, then that would mean that 97.6% of all distributors would be losing money. This does not mean that all of those people are actually spending $250.00 per month to promote their businesses and products. In fact, I’d say that most of them are not.

 

This income disclosure statement is fairly typical of what I’ve seen for most network marketing and direct sales companies.

 

Thirty One Gifts Income Disclosure Statement

 

Thirty One Gifts – the distributor agreement

 

consultant agreement

 

I called customer service to locate a copy of the distributor agreement and I was told I needed to speak to their public relations office. I’m not sure why, but I have a call into them and I also sent an email. If I get a response I will edit this part of the review, accordingly.

 

I did get an answer about getting a copy of the consultant agreement. I was told that the company wasn’t able to provide that information, to me. They suggested that I contact a consultant and see if I can get a copy that way. This is the first company that has turned down a request for the information. I’m not really sure why they wouldn’t give me a copy of it.

 

I was so taken aback by the company’s refusal to give me a copy of the distributor agreement that I wrote back and asked why they wouldn’t just send me the documents that I wanted.  I never heard back from them.

 

I did an online search and I was able to find their Policies and Procedures manual.  It looks typical of what I have read.  They are very protective of their intellectual properties, their logos and name.  This is what you’d expect.  They do limit what you can do on social media, this means Facebook!

 

Policies and Procedures manual

 

Thirty One Gifts – is this the right company for you?

 

Obviously, I am not able to tell you if this is the right company for you or not. I would suggest that you weigh the pros and the cons. You should talk to current distributors to see what they think of the business. You can also find former distributors and find out why they left the company. Find out what each of these types of distributors has to say about the company. Would either of them recommend that you join the company?

 

Thirty One Gifts scam?

 

Being that Thirty One is in the purse and tote niche, there may be some that might think that they are a scam. Let me assure that Thirty One Gifts is a good and strong company. They are in no way a scam!

 

thirty one gifts isn't a sam

 

As always, if you are thinking about joining this company, do your own due diligence.

 

The person who sponsors you is just as critical to your success as the information that is contained in this Thirty One Gifts review.

 

In the end, you must be willing to sell the products and recruit people into the business. It helps, a lot, if you are enthusiastic about, both, the company and their products!

 

I am wishing you the best of luck in your network marketing journey!

 

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4 Responses to “This is the best review of Thirty One Gifts”

  1. Deana says:

    There is an error in your review. Consultants need to sell $200 every 3 months, not every month to stay active with ThirtyOne.

  2. Lorilee Foland says:

    Thank you for the article. I note the above comment about the $200 every month. The correction has not been made, so anyone reading the review will mistakenly believe you need to sell $200 every month. It’s an important difference.

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