Last Updated on May 4, 2022
First of all, I want to welcome you to my Is Trades Of Hope a scam post. In our generation, jewelry is one of the good investments that you can have and some people take advantage of this to look for business opportunities. Maybe you have heard about Trades Of Hope, they are multi-level marketing that sells and manufactures jewelry. Though they are well-known and popular there are a lot of people who are having a question about their legitimacy.
With this unbiased review, I will let you see all the stories behind the success of this company. Is Trades Of Hope worth it? This is another question that you have in mind and I will answer this with this review. So, hold on to your seat and be amazed by the discoveries I will let you know. Now, let’s get into details.
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What is Trades Of Hope?
When did Trades Of Hope start?
Trades of Hope was established in 2011 and was founded by Gretchen Huijskens. Trades of Hope is a multi-level marketing company offering company sales a full product range and financial compensation. Just like the other multi-level marketing company you can earn by selling their jewelry or you can recruit other people to join the company and you will have the chance to get a commission from there.
I am sure that you know that jewelry industry became a trend in the past years, and that is the reason I can why Gretchen came up to this idea that by the use of jewelry she can build up her own multi-level marketing company and as the years go by, it is almost 10 years now and Trades Of Hope is still up in the business.
Trades Of Hope is also famous in other online stores that you can especially if they are offering jewelry. And with this success that this company is getting, there are also a lot of speculations about them and I know that is the other reason why you are checking on this review.
How Does Trades Of Hope Work?
Since Trades of Hope is a multi-level marketing company, you will have two ways in order for you to earn money. That is by direct selling and by recruiting or building your own downline to get commissions.
The first thing that you need to do is to sign up as their member and you are required to purchase a starter package from Trades Of Hope. Here are the Starter Packages that they have:
- Merit Package – $99
- Mosaic Package – $99
- All-In Package – $198
All of these starter packages include products, tools, and training materials that can help you to start with the business. This is normal with some of the packages form the other multi-level marketing company, however, some of them do not offer good products and quality training to help their members to earn more.
The big question is, how much you can earn with Trades Of Hope? Like I mentioned earlier, you will either need to do direct selling or recruiting people to join and get commissions from it. When it comes to Retail Bonus, you can get 25% to 35% commission on each sale that you will have, and the more retail sale that you will have then the more commissions you will get.
And another way is through referring or building your own downline, this way is very common with every multi-level marketing company. Trades Of Hope give a specific amount of bonus if you were able to recruit someone to join the company, or if you want, you have the option to build your own downline or team and get 1% to 7% on sales of your downlines of team members.
As I can see and observe, their compensation plans seem to be good and very easy to understand.
For you to stay active as a member you need only to sell one item (no matter the value) every 12 months.
Is Trades Of Hope a pyramid scheme?
So far I can say that they are not, they are offering legit products that people are really looking forward to having. And based on their compensation plan, they make it easier to understand and direct to the point and I believe this is to avoid people to thing that they are just a pyramid scheme.
If you think that multilevel marketing or direct sales are not for you, take a look at how hundreds of people are making money online working from the comfort of their home.
What I Don’t Like About Trades Of Hope.
There are some things that I found with Trades of Hope that I know you need to consider as well to think twice of this. And here are the things that I don’t like with Trades of Hope.
Members must be from the United States.
Based on their company policy you are only allowed to join and be a member of Trades of Hope if you are residing in the United States which means that if you are outside the United States you cannot sign up and try the business opportunity that they offer.
They have a monthly quota.
I know that this is very common in a multi-level marketing company but for me, this is something that I am not used to. The competition in selling Trades of Hope products is really high since they are continuously accepting new members so each day the number of competitors that you have increased. And in the long run what if everyone was already a member of the company how would you sell the products right?
There are no records of income disclosure.
While doing this review, I am trying to check for any success records from the other members of Trades Of Hope but I don’t see any proof about their success with Trades Of Hope.
What I Like About Trades Of Hope.
Aside from the things that will make you think about Trades Of Hope, there are things that you can also look forward to this company.
They are accredited by DSA.
The Direct Selling Association ratings and accreditation play a big role in everyone’s decision. Almost all of the people are basing the legitimacy of a company if they have good ratings from BBB and if they are accredited. Fortunately, Trades Of Hope is accredited by the Direct Selling Association.
Their compensation plan is easy to understand.
The good thing about Trades of Hope is their compensation plan, they made it as simple as possible so it would be easy to understand as well. Wherein people or their future members will not be confused once they decided and started to do the business.
Is Trades Of Hope a Scam? My Final Verdict.
After all the research and review that I have, I can say that Trades Of Hope is not a scam. They have something to offer and prove to their members. Maybe people think that they are a scam or pyramid scheme because of its sudden growth and success as well as the simple compensation that they have.
I can still find it worth it to join the company and the decision will still be with you. If you find that joining this company is something you want to do, then I wish you good luck. But if you think that this is not for you, there are still a lot of alternative ways you can do to start earning money. You can check on my Wealthy Affiliate Review and discover ways to earn money online that will not require you to sell something or even pay for any packages.
I hope that this “Is Trades Of Hope a Scam” review serves its purpose and helps you with coming up with the right decision. If you have any concerns and suggestions feel free to leave that on the comment box below. Cheers!
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