Here’s another multi-level marketing scheme for you to consider. Direct sales company, Ring Bomb Party, invites anyone interested to join in on the fun by selling costume jewelry to others.
With money and jewelry, it’s like diving into a treasure trove with Ring Bomb Party, but are their claims real, or is this another scam in the making? Find out in this review.
But before I get to that, here’s something you should read…
MLMs like Ring Bomb Party are a bit of a mixed bag. They CAN be a legitimate way to make money, but some have a reputation for literally ruining people’s lives – so it’s important to know what you’re getting, since each one is unique.
Like most of my readers, you were probably introduced to this one via a friend or some influencer you trust online.
And it makes sense why so many people recommend them:
Making money outside of a 9-5 can be… life-changing, to say the least.
So in this article, I want to help you explore two things:
- If MLMs are actually a worthwhile business to pursue
- If Ring Bomb Party is a worthwhile MLM
Before that, I want to clear the air on something.
There are A LOT of people out there who bash all MLMs in any form. However, I’m not one of those people.
Instead, I want to genuinely educate you about them so you can make an informed decision on how to proceed.
If you’re unfamiliar with what MLMs actually do:
They’re businesses in which you pay money to a company for the ability to sell their products.
Sometimes the products are actually kind of decent (I still remember my mom throwing Pampered Chef parties when I was younger).
Other times the products are really poorly made and come with a high price tag.
Typically, the only way to really make money is to get people (mostly friends & family) to sign up with you for a recurring subscription.
If the product is 100% legitimate & valuable, it’s entirely possible to get people to sign-up and continue paying you.
If the product is subpar, you’ll usually burn those bridges kinda quickly and end up with $0 coming in each month.
The biggest issue I’ve seen is that this puts significant stress on your personal relationships, as you’re reliant on selling to your “network.”
Think about it: if you KNEW that every time your friend Sally called, she’d be trying to sell you on one of her products… you’d eventually stop answering Sally’s calls.
Now, this doesn’t mean MLMs are outright bad… it means you need to know what type of MLM you’re getting yourself into before you sign up.
Again, some MLMs provide real value to people, but MOST don’t – so in this article, I’m going to explore the case with Ring Bomb Party.
But before that, I want to ask you a question: what if there was a way to build actual recurring, semi-passive income?
Income that:
- Doesn’t have inventory
- Doesn’t make you sell to your friends & family
- Doesn’t force you to recruit people onto your “team”
Something that you could make anywhere from $2,000 – $10,000 consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it?
If that sounds interesting, you might want to think about using the Digital Rental Method.
If you wanna see what Ring Bomb Party looks like on the inside, keep reading.
How Do MLM Companies Work?
Multi-level marketing (MLM) businesses allow customers to join the company’s team and earn commissions by selling items or bringing in new customers.
These days, the MLM business model is used by many businesses, and many individuals join in due to the system’s apparent success and the companies’ lofty earnings promises.
This is probably why most Ring Bomb Party members don’t have positive things to say about the company. Still, let’s learn more about this opportunity!
What Is Ring Bomb Party?
You’ve probably discovered Ring Bomb Party because you want to make money with a multi-level marketing company (MLM) or because you want to buy cheap costume jewelry that usually costs more than it should.
The Ring Bomb Party collection stands out from the crowd for its low prices and novel presentation of its rings (a bath bomb rather than the more conventional velvet box).
And another thing is what they call “Ring Bomb Parties,” where members sell the products and get bonuses.
I might have made it sound great, but in reality, Ring Bomb Party is lacking in a lot of aspects. Let‘s continue learning more about this product.
How Do You Join Ring Bomb Party?
Following these steps to begin your Ring Bomb Party experience is similar to how you would begin your journey with any other multi-level marketing company:
Pay:
First, you ought to pay a certain amount (which I’ll discuss later) to buy their starter kit and become an active consultant.
Warning! It isn’t going to be cheap.
Start A Party:
As written in the brand, Ring Bomb Party is all about hosting parties to showcase products such as ring bombs and other jewelry pieces.
This is quite an important part of being a member because this is where you make a profit.
Sell/ Recruit:
Whether at parties throwing or a one-on-one, your main objective is to sell the products at their suggested retail price and, of course, get new members to sign up.
How Do You Make Money With Them?
Making money with Ring Bomb Party is possible in several ways, as with every multi-level marketing business, but doing so is more challenging than one would imagine.
To understand more of this, here is the Ring Bomb Party compensation plan:
Compensation Plan
Upon checking the Ring Bomb Party website, I came across this compensation plan, which, to be honest, isn’t very easy to understand.
Included are your expected personal sales commission and the amount you get for different Ring Bomb Party collections.
Bonus!
As you can see, Ring Bomb Party lets people earn money through selling and recruitment, just like in any MLM, but looking at their website, you’ll learn that plenty of bonuses are waiting for you.
Ring Bomb Party Jewelry
Bomb Party’s Original and other collections include jewelry and accessories crafted from synthetic materials and available all year.
How much are Ring Bomb rings worth? Prices start at $19.95 and go up to $1,500 for the most costly items, which can only be purchased at member-hosted events.
How Much Does It Cost To Become A Member?
It costs $399 to become a Ring Bomb Party consultant.
In addition to the initial fee of $49, you must buy at least $350 worth of Ring Bomb Party products.
If you think that’s a lot, you’ll have to pay much more. A 350 PQV monthly fee is imposed after the first $399 investment in order to maintain consultant status.
Is It Worth It?
Because so many individuals lose money rather than make it in multi-level marketing (MLM), I’d have to say no.
My opinion is based on more than simply my personal bias towards Ring Bomb Party; the bad reputation it’s received also plays a role.
To be perfectly honest, plenty of stuff doesn’t sit well with me about Ring Bomb Party. That’s probably why I’d advise you to either find another online opportunity or, better yet, start your own online business.
Are There Any Alternatives To Ring Bomb Party?
Yes, there are plenty of MLM companies to choose from if you want to pursue this business model. Here are just a few:
Is Ring Bomb Party A Scam?
So, time for the $1,000,000 question: is Ring Bomb Party a scam?
No, not technically. They aren’t going to run off with your money and not give you what you paid for. It’s 100% possible to make money with this program.
That being said, it’s not nearly as simple as they want you to think it is.
There’s A LOT of work to be done upfront and no guarantee that you’ll be successful. The commissions are also fairly small.
Don’t get me wrong, I’m all for doing hard work now, so that I can reap the benefits later.
But if you’re going to work really hard for 3 months, and your reward is a $100 check… it’s not really a great opportunity.
If I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3 months (I personally did it in my first 2 weeks of using the Digital Rental Method).
Unlike with MLMs, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Rental Method that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, using the Digital Rental Method might be for you!
What Is My Top Recommendation For Making Money Online In 2023?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
I’ve also been on the other side of old friends trying to sell me their fancy new MLM products.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Read Our In Depth Breakdown Of The Top 5 OppMLM Courses For 2024
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, using the Digital Rental Method is for you.
Why?
Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Ownership & Control: With MLMs, you don’t really “own” anything – everything belongs to the MLM.
If you read the contracts, they can kick you out or change your commission at any time (it’s happened in a few high-profile MLM cases recently).
Why pour your soul into a business that could be taken away from you at the drop of a dime?
With the Digital Rental Method, you literally own all of the assets, which means you have ultimate control.
Big Margins: With MLMs, you’re often going to have really slim margins. That means you need to have a VERY large network to make serious money. This usually entails spending A LOT of money on ads and other methods for recruiting members.
using the Digital Rental Method, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with an MLM, you would need to sell twice as much inventory. And I can guarantee you, that’s a lot harder than a few clicks & a phone call.
You’re Helping REAL People: My biggest gripe with MLMs is that you’re likely going to ruin your personal relationships.
The MLM may have convinced you that you’re actually helping people, but it’s often not really true.
But With the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other MLM programs like Ring Bomb Party, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.
