LULAROE INCOME DISCLOSURE | Former Consultant Analysis
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- Опубліковано 30 лип 2024
- LuLaRoe just released their first Income Disclosure Statement in 5 years as part of their settlement with the Washington Attorney General! What does it say what doesn't it say, how can you interpret it, and what does it tell us about the financial risks and rewards of being a LLR retailer in 2020?
The statement is currently posted at: www.lularoe.com/lularoe-incom...
0:00 Intro
1:18 Opening Info/Explanations
2:13 Retailer Gross Profit (sales + leadership earnings)
4:37 Leadership Compensation Plan Profit
6:00 Retail Profit
7:22 Caveats/Footnotes
8:41 Conclusion
PS: I'm looking away from the camera a lot because I'm reading the notes I prepared for YOU 😊
#LuLaRoe #LuLaRoeIncomeDisclosure #LuLaNo
It has occurred to me after watching several of these MLM Videos, A person could make a killing by joining a company early on, making lots of sales, bringing other people in and very carefully watching the market and when it starts to tip, get out and go on to another MLM and do it all over again. Most of the people making these videoes made huge money the first few months and were getting awards the first year.
That's exactly what these high up people do - they join early, earn big, then leave or get recruited to another thing. A lot of times they bring their downline with them to the new company, giving them a leg up as well.
My friend recently got into the MLM, "31 Gifts." She was so excited about it. And then I challenge to her: I bet $500 that she could make more working part time at the local McDonald's over the next 3 months than she can make at the MLM for the entire year. She refused the "easy" $500 wager. I think deep down, MLM "consultants" know they are screwed, but it's the false hope and the cult indoctrination that keep them going.
I’ve watched a few anti LULAROE video’s, tbh I had never heard of them prior to watching these video’s, I’m not a huge fan of their clothes, just personal taste. I have never seen an actual breakdown as comprehensive and informative as this one. I hope anyone thinking of getting into this “business”, comes across this video before spending money on the starter kit. 😊
Thanks for watching! Yes, there is so much negative press out there about LLR now, I'm not sure why anyone is still joining this company, and yet.. they are 🤷🏼♀️
FYI folks, you can find LuluRoe at your local Goodwill these days. While the clothes are a great buy, it's still ugly.
Interesting and so informative. Thank you for sharing.
These are very interesting LuLaRoe videos! Thank you for sharing your experience.
Thanks for watching, glad you enjoyed!
New sub
I saw another, newer post of yours & just found this & subbed.
Glad you were able to get out.
You have a nice speaking voice!! Pleasant to the 👂🏻's.
Thank you so much 🥰
This was really informative, thank you!
Thank you so much for watching, glad you enjoyed!
I'm fascinated by your LuLaRoe videos. I used to hear that name LuLaRoe without knowing what it was, and I would see Facebook friends of mine hosting parties... but I honestly had no idea that it had to do with the wild print leggings I remember from 2016-2017 until recently. Thanks for sharing your stories, they're enlightening and very interesting.
Thank you so much, glad you're finding these interesting!
@@LolaGeek You've got me binging over here!
Is LuLaRoe the one with the tissue paper tights that were covered in mold?
That's the one 👍
Surprised they are still in business.
Great video! Very interesting
Thanks so much 🥰
Very good objective video. Everyone should watch this before joining.
Thank you so much, glad you found it useful!
The mystery orders seems super shady to me! True retailers would not tolerate that.
I had two shirts from Lularoe. They are like the only two in normal colors pretty sure lol. I can’t imagine trying to sell the ugly ass clothes it was usually. Like Screech on Saved by the Bell.
Is it not normal for the customer to pay shipping cost if they can't collect in person?
Did the company require the consultant to pay shipping?
We usually did charge customers for shipping, yes, but a lot of times consultants would just charge a flat fee based on the number/type of items and cover the rest out of their own pocket. The way postage rates have increased in the last couple years, I can't imagine how expensive this might have gotten 😕
You mixed up net and gross profit
So 20% lost money and 80% made money. Is that what the charts said?
Well, lost money _or broke even_ , but yeah
Yeah, but very minimal money. In my opinion shockingly minimal for the majority of these sellers. Waaaay below minimum wage.
Such a,sweet young lady
All MLSs are a full time nightmare
So sad others fell for this scam !! Karma 🙏
I know a woman who was a mentor. She’s always been shady, she’s morbidly obese. I think life served her up good. 😊