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I said I wasn't going to write, so I lied......In reponse to #90 who considered returning her product, please be aware of the following facts regarding repurchase....... Before returning my inventory, I spoke with corporate and they DO NOT deduct product bonuses you received for your purchases at all. The only things they DO DEDUCT are any monies owed to them (esp. in a car situation or some directors situations such as uniform expense) and the value of the quarterly prize you select for star consultant status (not the recognition stuff and btw, they get the prizes from China, so they're not all that expensive, don't sweat the cost)

I got a $247 deduction from the Barbie (which I hope to sell in the future for a substantial profit) and a Fax/Phone/Copier.........really no big deal.

If you bought a couple of thousand, you should be able to recoup most of it. You DO GET tax returned on the retail value in addition to the 90% buyback......so you'd get whatever tax rate 6. 6.25, etc., on 4,000 if you bought 2,000. And, you won't have to report it on your taxes unless you bought $5,000 of product wholesale or got $600 in prize value/commissions from the company in a year.

Please write to me at user marclauraryan7 at domain yahoo.com regarding the repurchase program, I have some ideas you might want to consider.
LauraRyan web search for LauraRyan - 05 Feb 2004

Laura:

Thanks for the info. For those who are considering returning their inventory, this makes it a more viable option. But for those who are planning on buying inventory, don't assume that they will do this... read the agreement, because that's going to spell out all they're obligated to do. If they do any more, it's a gift.
EliMantel web search for EliMantel - 05 Feb 2004

Eli:

Thanks for the heads-up, but, if I might ask, what do you mean in regard to not assuming that MK will handle every return as they are handling Laura's? Is the policy as written to be regarded as merely a "guide," one that is variously interpreted and applied on a case by case basis?

Or is there somewhere a guide to the guide - i.e., a written listing of causes for exception(s) and/or addition(s) to the written policy?

Just curious. Thanks.

Bunny Watson web search for Bunny Watson - 05 Feb 2004

Bunny:

Do you know what the policy "as written" is? If so, please post it.

If a Mary Kay consultant chooses to exercise the inventory return option and is not satisfied with the deductions made, their only option may be to take Mary Kay to small claims court.

This would be a suit for breach of contract. Now which do you think the judge will consider to be the weightier evidence in deciding the case?

  1. Hearsay evidence to the effect that Mary Kay gave Laura a better deal when she returned her inventory
  2. The terms of the Mary Kay consultant's agreement

Enough said?
Eli Mantel web search for Eli Mantel - 08 Feb 2004

Eli:

You have said before in a post that you are not affiliated with Mary Kay, so how you feel that you are qualified to even speak on the topic? Do you have a friend in Mary Kay or what? Its very obvious that you are just talking to have yourself heard of throw a spin on things. Maybe you should just post FACTS and not what you THINK the answer could be.

Eli:

I'd like to make it abundantly clear that the unsigned response above was not posted by me - on the contrary, I'd say that you are quite right: enough said indeed. Oh, and btw: no, I have neither personal knowledge nor a copy of the policy as written, and, in fact, don't know for certain that such a thing exists.

Bunny Watson - 10 Feb 2004

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