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FIB - Scams 101
At Home Assembly - Butterfly Magnets - AAACCKKKK!!!
Posted By: MaaMaw In Response To: Butterfly magnets? (Kathryn)
Date: Thursday, November 27, 2008, at 8:36 a.m.(pst)
In Response To: Butterfly magnets? (Kathryn)
I have no personal experience with Butterfly Garden Magnets, but I have plenty of experience with At Home Assembly jobs -- so what I'm about to tell you is based on my own personal opinion and a very educated guess.
First, read my article on At Home Assembly jobs. I wrote it eons ago, but the information is still right on target:
Assemble Crafts (or Electronics) At Home
My personal opinion is that there are several red flags in the Butterfly Garden Magnets offer:
==> Realistically, do you think you can measure, cut, and glue 24 of these magnets every hour (necessary if you want to earn almost-but-not-quite $10 an hour)? That's 2-1/2 minutes per magnet.
==> Startup cost is $24, but they only "require a minimum deposit of $7.00" -- so which is it?
==> They will refund $15 of your $24 if you aren't satisfied. At first glance that could seem fair; I mean, it costs them money to send out their valuable(?) supplies to all those lookey-loos who really had no intention of doing the work. But what if you receive the startup kit and you realize how utterly ridiculous the whole thing is? (Stranger things have happened.) They still keep $9.00 of your money -- or is it $7.00 (since that's the minimum required deposit).
==> A sample butterfly is only $5.00. Does that look like a $5.00 butterfly to you?
==> They recommend buying your supplies locally so you can make more money. Does that make sense? Not to me. A legitimate company that wholesales its products to retailers is going to have some kind of standard. Their customers will soon tire of buying these gorgeous(?) butterfly magnets made with supplies purchased by hundreds of "home assembly workers" with different tastes.
The rest is covered in my article, including the fact that...
==> they could hire LOCAL independent contractors to do this on a piece-work basis (they would have people lining up around the block!), and
==> the idea is to get paid for your labor. If you mess up, they pay you for your time and send you home. In these home assembly schemes, you pay for materials, they typically reject your work, and you lose.
If I had to guess, I would say the Butterfly Kitchen Magnet company is making their money on startup costs and that selling these wonderful creations to retailers has little if anything to do with their business plan.
My advice is to run, run, as fast as you can!
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Messages In This Thread
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