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I have been thinking of signing up as a SU Hobby Demo as last year I spent quite a bit of money and I would like to enjoy the demo discount. My question is I am thinking of signing up and if I don't meet the quarterly earnings I was thinking I will let my demo contract lapse and sign up again in another quarter. Is this easy or does SU discourage people from signing up again and again? Do you get the kit every time you sign up? Is it something I need to declare on my taxes as a buisness (I live in Canada)?
I have been thinking of signing up as a SU Hobby Demo as last year I spent quite a bit of money and I would like to enjoy the demo discount. My question is I am thinking of signing up and if I don't meet the quarterly earnings I was thinking I will let my demo contract lapse and sign up again in another quarter. Is this easy or does SU discourage people from signing up again and again? Do you get the kit every time you sign up? Is it something I need to declare on my taxes as a buisness (I live in Canada)?
Thank you ladies!
SU does not seem to mind if demos sign up multiple times. My daughter dropped recently and received an email encouraging her to sign up again. You do need to purchase the kit each time, but you get to choose whatever you like for it. If you are only buying for yourself, it is considered a discount not income for tax purposes. If you sell to others, there will be a point (not sure what the $ amount is for Canada) that you would need to bother with taxes.
The basic discount is 20%.
For your first workshop-sized order ($200 in Canada), you get a 30% discount.
Last year one of my downline dropped at the end of October, and SU! helped expedite her rejoining in November to get in on the free Big Shot.
Check with your accountant for the tax rules. As a hobby demo, unless you are selling a lot, you will have expenses to deduct, thus your net income for the business tends to be zero (or lower)
If you sign up now (before the end of August would be awesome because you'd get the tray kit), you would have until the end of December to meet your minimums. If you don't by then, you have January as a pending month to "make up the difference". Then you drop.
You could join up again in early February if you wanted.
Hardest choice is actually deciding what $155 of merchandise to include in your Starter Kit ... you want to be as close as you can, without going over.
Even better, there's no shipping, and no GST or HST on the kit. (Have you switched back yet, or do you still have HST in BC?) So just buying the kit is a big savings!
Go for it ... I have yet to meet somebody who bought the kit and regrets it.
__________________ Gail ... My website
SU! Demo, Math tutor, and more
Mom to a dancer/singer/actor and a filmmaker (I Believe in You)
Love and Doilies! Stampin' Up! projects from Creative Crew!
I believe the tax changes over in the spring. They needed almost 2 years to undue the tax I am going to wait to sign up until the next offer. I am not into the halloween decor. Thanks for answering my questions.
I believe the tax changes over in the spring. They needed almost 2 years to undue the tax I am going to wait to sign up until the next offer. I am not into the halloween decor. Thanks for answering my questions.
This offer has now been extended until mid-September.
__________________ Gail ... My website
SU! Demo, Math tutor, and more
Mom to a dancer/singer/actor and a filmmaker (I Believe in You)
Love and Doilies! Stampin' Up! projects from Creative Crew!
So the Halloween Tray is going to be carried over into Sept. 2012?
If one joined in Sept. What other types of incentives would they get?
I'm sitting on the fence right now...and I'm thinking about falling off and joining Stampin' Up!
After looking through my catalogs lastnight. I got excited again about stamping.
Tell me more....
The biggest incentive, in my opinion, is the fact that you get to customize your Starter Kit.
You get to choose $125 in product ($155 in Canada) for only $99 ($125 in Canada). That's a big shot. And then some.
IF you are thinking of joining, there really isn't a "best" time. The best time for you is when you have a wish list, and want to get it cheaper!
The longer you wait, the more you'll spend without the discount ...
__________________ Gail ... My website
SU! Demo, Math tutor, and more
Mom to a dancer/singer/actor and a filmmaker (I Believe in You)
Love and Doilies! Stampin' Up! projects from Creative Crew!
There is an advantage to signing up at the beginning of a quarter. If you sign up on, say Sept. 1, you don't have to make the minimum in this quarter which ends on Sept. 30, so you have to make your $300 minimum by Dec. 31. If you wait until Oct. 1 - the beginning of the next quarter, you don't have to make the minimum until March 31 - six months instead of a little over three.
So the Halloween Tray is going to be carried over into Sept. 2012?
If one joined in Sept. What other types of incentives would they get?
There's a free ribbon promotion in September for every $40 spent (more info to be shared 9/1). This wouldn't count on your starter kit order, but if you were to follow up with another order (where you get 30% off an order of $150+), you could earn some ribbon while making progress on your wishlist and reaching your minimum. If you sign up, you can promote the ribbon deal and get a workshop booked or friends to go in on a combined order to help your sales too (meaning your 30% would count on all the products people are ordering to get free ribbon)...they could start working on wishlists while your starter kit is in the mail.
There is an advantage to signing up at the beginning of a quarter. If you sign up on, say Sept. 1, you don't have to make the minimum in this quarter which ends on Sept. 30, so you have to make your $300 minimum by Dec. 31. If you wait until Oct. 1 - the beginning of the next quarter, you don't have to make the minimum until March 31 - six months instead of a little over three.
Just something to think about....
Cathy's right.
So ... do you sign up before mid-Sept and get the tray and stuff ... or wait until Oct 1 and have more time to meet your minimum.
It's like buying a computer ... there's always going to be something else coming along later. Whether it's better or not depends on what you need and want.
__________________ Gail ... My website
SU! Demo, Math tutor, and more
Mom to a dancer/singer/actor and a filmmaker (I Believe in You)
Love and Doilies! Stampin' Up! projects from Creative Crew!
Thanks to Cathy W. for clarifying the quarterly countdown, and to Gail for several helpful responses. As Gail said, there is always something new coming later, but I'm trying to schedule signing-up so the timing is best for me. I have a few more questions:
-- How quickly after placing the initial sign-up order can you place the follow-up 30% off a minimum ($150 in US, $200 in Canada) order?
-- Does the demo earn hostess benefits on the full value of the order, or only earn hostess benefits when the discounted value of the order reaches the minimum for hostess benefits?
-- The Holiday catalog ends January 2, 2013. When will the next "not-so-mini" begin and when will the demonstrators be able to preview and order items from it?
-- Has anyone heard any "if" or "when" details for Sale-a-Bration 2013?
There is an advantage to signing up at the beginning of a quarter. If you sign up on, say Sept. 1, you don't have to make the minimum in this quarter which ends on Sept. 30, so you have to make your $300 minimum by Dec. 31. If you wait until Oct. 1 - the beginning of the next quarter, you don't have to make the minimum until March 31 - six months instead of a little over three.
Just something to think about....
Oct. 1st sounds like a great time to sign on....but you won't get the tray.
Thanks to Cathy W. for clarifying the quarterly countdown, and to Gail for several helpful responses. As Gail said, there is always something new coming later, but I'm trying to schedule signing-up so the timing is best for me. I have a few more questions:
-- How quickly after placing the initial sign-up order can you place the follow-up 30% off a minimum ($150 in US, $200 in Canada) order? I signed up online and was emailed my demo number and temporary password right away. I don't see anything that would stop you from placing that first order that same day.
-- Does the demo earn hostess benefits on the full value of the order, or only earn hostess benefits when the discounted value of the order reaches the minimum for hostess benefits? You earn benefits on the catalog price of the merchandise before tax and shipping. So full value before the demo 20%.
-- The Holiday catalog ends January 2, 2013. When will the next "not-so-mini" begin and when will the demonstrators be able to preview and order items from it? I believe the demo preview is in December. Yes, we can preorder in December and the Spring catalog sales period starts in January.
-- Has anyone heard any "if" or "when" details for Sale-a-Bration 2013? Nope.
My answers are in red.
__________________ Lorien<--My Blog Giggle Mingler (Hee hee) MI Chat Stamping Shirts
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Last edited by vz5dzh; 08-31-2012 at 06:42 AM..
Reason: Adding info
Signing up as A SU Demo -Questions
I am going to wait to sign up until the next offer. I am not into the halloween decor. Thanks for answering my questions.
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