Welcome to my Bomb Party review. Reps can make thousands of dollars promoting the business opportunity and products to others.
Some of the most successful reps earn thanks to their downline. This MLM, like all the others, is about building a team of active recruiters who will go around and get stuff sold.
The compensation plan includes 25-35% in personal sales plus team commissions. Their product quality is questionable, and their suggested retail prices are wild.
When you’re done here, you will know exactly what you’re getting into without any hype or exaggerated income claims.
Bomb Party Review Summary
Product Name: Bomb Party
Product Type: MLM
Product Owners: Lillian and Isabella Coleman
Product Price: $99 – $599 Plus a Monthly Subscription of $19.95
Overall Score: 55/100
Recommended: Not For Everyone
Summary: This is a multi-level marketing company that sells Jewelry. People can sign up under a sponsor and become part of a sales team.
You get access to your own back office and website that looks identical to the main one. The only difference is that you can earn commissions via your website when customers buy products.
The company lets you believe that you can earn a lot of money simply by selling the products to people.
In reality, you will need to build a team of salespeople.
Only then can you start earning a decent income. Even then, there are no guarantees, as you rely heavily on others to do most of the work.
If you don’t have a good sales background and are unwilling to teach others how to sell these products effectively, it’s unlikely that you will succeed here.
If you’re a beginner, I suggest looking into more beginner-friendly ways of starting an online business.
My favorite program can do just that for you. See this cost-effective alternative below.
What is Bomb Party?
Bomb Party, formerly known as Ring Bomb Party, specializes in building teams, selling jewelry, and teaching reps how to sell on social media. Mainly TikTok.
If you’re a fan of their products, it’s highly likely that you’ve stumbled upon one or two sales reps. They talk about the huge perceived product value and how you can get them at a much cheaper price.
The product list consists of rings and necklaces. However, the real money is made through the recruitment of others.
A few sales reps managed to build large teams of people who actively sell the product line and try to recruit other reps into the program.
Those at the top of the MLM make the most amount of money due to the efforts of everyone else below them.
Is Bomb Party a Scam?
Bomb Party is not a scam. It’s a legit multi-level marketing platform with REAL products and an actual business model.
Pyramid schemes revolve around the promise of making a lot of money for recruiting others, and promising them the same if they get more people on board.
There is no product. In the case of Bomb Party, the products are apparent and very much real.
That’s why the program is not a scam. It’s a legit MLM that could end up costing you thousands of dollars.
All reps must sell a minimum of $700 in personal volume for a six-month period. You can buy the inventory yourself, or you can sell it to others.
How Does Bomb Party Work?
The business model is simple. You buy Bomb Party’s products in bulk for a lower cost and sell them individually at a higher profit margin.
Your take is about 25-35% on the upper end. Depending on many factors, you may get less than that.
When you sign up as a rep, you have to maintain a certain level of commitment. This includes purchasing as much inventory as needed and potentially re-selling that inventory with a mark-up.
As a Leader, your fundamental emphasis will shift toward leadership.
Your primary role is to care for your team members and to help them master selling and team-building.
By serving as an example and by supporting their efforts, your mentorship will bear meaningful and rewarding income.
In other words, you need to sell.
Bomb Party Compensation Plan
The compensation plan of Bomb Party can be difficult to comprehend for a lot of people. It’s very complex with a lot of moving parts.
There are many bonus plans, and each one has its own qualification process. Let’s start with the selling bonuses.
You can get up to 37% profit margin on the products you sell. This is your customer sales profit bonus. You can also earn up to 10% in personal sales commission bonuses.
Then, you have the fast start bonus. If you can start performing well and make enough sales within the first three months, you can get up to $450 in credits.
You can use these credits to buy products and resell them. The real money is made as you grow your team. The bigger it gets, the higher your potential earnings become.
You can have a downline of up to four levels deep.
How Much Does Bomb Party Cost?
There’s a monthly subscription of $19.95. You can get the first month for free. Then, you need to choose one of four starter kits. The Essential Kit at $99.99, Life of The Party Starter Kit for $198.00, Boost Starter Pack at $366.00, or $599.00 for the Launch Starter Pack.
You have other expenses, such as buying inventory or getting traffic (if you decide to pay for it)
Can You Get a Refund?
There are no refunds available. If you receive damaged goods, you can send them back and get a replacement within 7 -10 business days.
What I Like About Bomb Party
1. You Get Access to a Community. Over there, you can network, exchange ideas, and learn from the top sales reps of Bomb Party.
2. You Learn Free Traffic Strategies. Use TikTok to drive traffic and views to your offers.
3. There’s Potential. If you’re experienced and you know how to build and maintain a team of sales agents, you can create a great income stream for yourself.
What I Don’t Like About Bomb Party
1. Difficult Business Model. Unless you really know what you’re doing, the odds are that you won’t make any good money. MLM is one of the most difficult business models to get into as a beginner.
2. Costs Can Add Up. You can waste months and potentially thousands of dollars trying to create a profitable online business with this program.
3. Not The Best Alternative For Beginners. This is not suitable for beginners, even if it’s presented in such a way.
On the next page, I will show you the simple system I’m using to bank up to $1K per SINGLE sale using other people’s products and services. It’s 100% beginner-friendly and cost-effective.