With Sale-A-Bration coming to an end in the next two weeks, I’ve had a lot of questions about the Starter Kit and joining Stampin’ Up!. I thought I’d do a Q & A post to help answer the most commonly asked questions I get asked and alleviate some of the concerns.
Q: I don’t want to run a business. Can I just purchase my own products? Or do I have to hold workshops?
A: Yes, you can be your own customer. NO, you do not have to run this as a business. Stampin’ Up! does not require you to hold workshops. I have many “hobby” demonstrators on my team and all are welcome. 🙂
**”Hobby” demonstrators are demonstrators who sign up strictly for the discount which is 100% fine!
Q: How much is the Starter Kit and can I customize it?
A: The Starter Kit is $99 + your local tax and it ships for FREE!! The value of the Starter Kit is $125. You will choose products of your choice that equal $125 but will only pay $99. During Sale-A-Bration you are able to choose an additional 2 free stamp sets. This ends March 31, 2017.
Q: Are there minimum sales requirements?
A: Yes, $300 every quarter. If you join during the middle of a quarter, you will have the remainder of the quarter you signed up plus the next quarter to meet your $300 minimum. For example, if you join in March, you will have until June 30th to meet your minimum.
Personal and customer sales qualify towards the minimum.
Q: What happens if I don’t meet my minimum sales requirements?
A: You will go into “pending” status the month after the quarter ends. You will have one month to make up the difference needed to become active again. If for any reason you don’t make up the difference, you will drop as a demonstrator. You will return as a customer and there will be no financial penalty.
Q: What kind of discount do I receive?
A: As a demonstrator, you will receive a 20% discount with the opportunity to increase the discount to 25%.
Q: As a demonstrator, do I still earn Stampin’ Rewards?
A: Yes, you will still earn Stampin’ Rewards when you place an order of $150 or more. Plus, you’ll be getting your 20% off discount! How’s that for a win/win situation??!!!?
Q: What if I decide in the future I do want to do this as a business?
A: Wonderful! I’m here to help you in any way possible. If you want to run your business in person or online, I can help you create a plan for a successful business.
Q: I don’t live near you. Is this ok?
A: Of course! My team lives all across the United States. I’m incorporating monthly Facebook Live team meetings which is a great way to get to know the iStampers.
Q: What about taxes? What are my responsibilities?
A: Stampin’ Up! does not withhold any taxes on your earnings when you are an independent demonstrator. I recommend speaking with a tax advisor to make sure you are completely knowledgeable of what you will be responsible for reporting. You are responsible for keeping track of your own earnings and expenses for income tax purposes.
Stampin’ Up! will send you a 1099 the following January if you have earned commissions, prizes, awards in the amount of $600 or more a year.
Q: Is there a catch?
A: 🙂 I kind of worried about the same thing when I first signed up. I can honestly say “NO, there is no catch”! After you’ve purchased the Starter Kit, there are no more financial requirements unless you decide to make future purchases.
Q: I’ve read all of the Q & A and now I’m ready to sign up. What’s next?
A: Awesome! I’d love to have you as a part of my team and as a member of the iStampers. To join, you’ll click HERE. You will want to review the Independent Demonstrator Agreement and be sure to have your list of items you’d like to select for your Starter Kit already written down.
I REALLY hope this Q & A post has answered your questions. If for any reason I didn’t answer some questions you may still have, please comment below or reach out to me on email.