Harpers article on Mary Kay
Posted: Tue Jul 24, 2012 2:56 am
Virginia Sole-Smith discusses her article on WBUR Radio's On Point:
http://onpoint.wbur.org/2012/07/23/mary-kay
Synopsis:
http://www.harpers.org/archive/2012/07/hbc-90008718
http://onpoint.wbur.org/2012/07/23/mary-kay
Synopsis:
http://www.harpers.org/archive/2012/07/hbc-90008718
The article is for sale in the August issue of Harpers: http://harpers.org/archive/2012/08/0084009Most of today’s Mary Kay ladies are struggling, though, even as the company flourishes at their expense. Tracy Coenen, a financial-fraud investigator and the founder of the online community Pink Truth, estimates that Mary Kay consultants can hope to clear $25,000 per year, at best. Most who make money earn about minimum wage, while fewer than 300 of the 600,000 Mary Kay ladies in the United States net a six-figure income. The women I interviewed for “The Pink Pyramid Scheme” told me stories about struggling to patch together daycare or to survive high-risk pregnancies while working long hours scouting prospects and hosting parties without any guarantee of a sale. Debts mounted, marriages failed. They couldn’t have it all because Mary Kay’s business model (like that of any multilevel-marketing enterprise) is designed primarily to profit from, rather than enrich, its workforce.