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What Earnings Can You Expect as a Mary Kay Consultant in Your Business?

    Mary Kay Consultant

    Do Mary Kay Consultants make money in their business? This question often pops up for those considering a career in the beauty industry or looking for a flexible side gig. The allure of becoming a Mary Kay Consultant is appealing, especially when you think about the potential earnings and the personal growth opportunities. In this blog, we’ll dive deep into how Mary Kay Consultants can earn money, what factors influence their income, and everything else you need to know if you’re thinking about joining this beauty business.

    Table of Contents

    How Mary Kay Consultants Generate Income?

    Mary Kay is more than just a beauty brand; it’s a business opportunity that allows consultants to earn income while promoting products they love. If you’re curious about how Mary Kay consultants generate income, you’re in the right place. Let’s break it down into clear, understandable sections.

    Mary Kay Consultants Generate Income

    Direct Sales

    The primary way Mary Kay consultants earn income is through direct sales. When consultants sell Mary Kay products to customers, they earn a commission on each sale. The more products they sell, the higher their earnings. Each consultant has the flexibility to set their prices, which can lead to significant profits if they effectively market their products and build a loyal customer base. This direct sales model allows consultants to create their own schedules and tailor their sales strategies to fit their unique style.

    Team Building and Bonuses

    Mary Kay also offers an exciting opportunity for consultants to build their teams and earn additional income through bonuses. When a consultant recruits new members to join their team, they can earn a commission on the sales made by those new consultants. This aspect of the business encourages teamwork and collaboration, as established consultants can mentor and support their recruits. As the team grows and achieves sales goals, bonuses and incentives are offered, which can significantly boost a consultant’s income.

    Leadership Positions

    As consultants advance in their careers, they have the chance to move into leadership positions. Higher ranks in the Mary Kay hierarchy come with increased earnings and additional perks. For instance, consultants who achieve the title of Director or higher receive not only higher commission percentages but also exclusive rewards, including luxury cars and vacation incentives. This level of leadership provides an opportunity to earn substantial income while guiding and motivating others in their Mary Kay journey.

    Special Promotions and Incentives

    Mary Kay frequently runs special promotions and incentives to motivate consultants and boost sales. These can include limited-time discounts, sales contests, and product launches. Participating in these promotions can lead to increased sales and additional bonuses. For example, if a consultant meets specific sales targets during a promotional period, they might receive extra commissions or prizes. Staying active in these initiatives can significantly enhance a consultant’s earnings.

    Online Sales and Social Media

    In today’s digital age, many Mary Kay consultants leverage online platforms and social media to reach a broader audience. By creating an engaging online presence, consultants can showcase products, share testimonials, and connect with potential customers beyond their immediate circle. Selling through social media allows for flexible marketing strategies and can lead to increased sales and commissions. Additionally, e-commerce opportunities enable consultants to sell products directly from their websites, providing another income stream.

    Training and Education Opportunities

    Mary Kay provides numerous resources, training sessions, and educational materials to help consultants sharpen their sales skills and product knowledge. By investing time in these resources, consultants can improve their sales techniques, increase their product knowledge, and ultimately enhance their income potential. The more confident and knowledgeable a consultant is about the products they sell, the more effectively they can promote them to customers.

    Mary Kay consultants generate income through various avenues, including direct sales, team building, leadership opportunities, special promotions, online sales, and continuous education. This multifaceted approach allows consultants to tailor their business strategies to fit their lifestyles and goals. With dedication and creativity, anyone can find success in the Mary Kay business, making it a rewarding opportunity for those passionate about beauty and entrepreneurship.

    Income SourceDescriptionEarnings Potential
    Product SalesConsultants purchase Mary Kay products at wholesale prices and sell them to customers at retail prices, earning a profit on each sale.Consultants typically earn a 50% profit margin on all retail sales.
    Team Building CommissionsBy recruiting and mentoring new consultants, team leaders earn a percentage of their team’s wholesale product purchases.Commissions range from 4% to 13% of team sales, depending on the consultant’s rank and team performance.
    Bonuses and IncentivesConsultants can earn cash bonuses, prizes, and even trips based on sales, team-building efforts, and promotions within the company.Bonuses vary based on promotions and company programs, with potential for additional income or rewards.
    Leadership CommissionsConsultants who advance to leadership positions, such as Sales Director, earn commissions on their team’s sales and other leadership benefits.Leadership earnings can significantly increase depending on the size and performance of the consultant’s team.
    Car ProgramMary Kay offers a car program where top-performing consultants can qualify to lease a Mary Kay-branded vehicle, such as the iconic pink Cadillac.Consultants who qualify for the car program can receive monthly car allowances or a new car lease.

    Why Do Earnings Vary Among Mary Kay Consultants

    Earnings among Mary Kay consultants can vary significantly, and this discrepancy often raises questions. Understanding the factors that influence income levels in this business model is crucial for anyone considering a career with Mary Kay. Let’s dive into the main reasons why earnings can differ from one consultant to another.

    Why Do Earnings Vary Among Mary Kay Consultants

    Individual Sales Performance

    One of the most obvious factors affecting earnings is individual sales performance. Each consultant operates independently, meaning their ability to sell Mary Kay products directly impacts their income. Some consultants may excel in sales, effectively showcasing products and connecting with customers, leading to higher commissions. Others may struggle to reach their sales targets, resulting in lower earnings. Factors like product knowledge, communication skills, and enthusiasm for the brand can significantly influence a consultant’s sales success.

    Team Building and Recruitment Efforts

    Another important aspect of income variation is team building. Consultants who actively recruit new members to their teams can earn commissions based on their recruits’ sales. Those who excel at building and mentoring a strong team often see increased earnings from these additional commissions. Conversely, consultants who focus solely on personal sales without building a team may miss out on this potential income stream. The ability to attract and retain team members plays a crucial role in overall earnings.

    Business Strategy and Marketing

    The strategies consultants use to market and sell their products can greatly influence their earnings. Some consultants may leverage social media platforms and online marketing to reach a broader audience, resulting in higher sales. Others may rely on traditional methods, such as in-person parties or word-of-mouth referrals. The effectiveness of these strategies varies, and those who adapt to current marketing trends often see better financial results. Having a strong marketing plan can lead to increased visibility and more sales opportunities.

    Personal Time Investment

    The amount of time and effort a consultant invests in their Mary Kay business can also lead to varying earnings. Consultants who dedicate significant hours to selling, recruiting, and networking are likely to see greater financial rewards. In contrast, those who treat their Mary Kay business as a side gig or hobby may not achieve the same level of success. Consistency and commitment are vital for maximizing income potential, and consultants who prioritize their business often reap the benefits.

    Access to Resources and Training

    Mary Kay provides various resources and training programs to support consultants in their sales endeavors. Those who take advantage of these opportunities and continuously improve their skills are more likely to succeed. Consultants who actively participate in training sessions, workshops, and company events tend to be more knowledgeable about products and sales techniques, leading to higher earnings. On the flip side, consultants who do not engage with available resources may find themselves at a disadvantage.

    Market Demand and Location

    The demand for Mary Kay products can also fluctuate based on location and market conditions. Consultants in areas with higher demand for beauty products may find it easier to generate sales compared to those in less populated or saturated markets. Additionally, seasonal trends can affect sales, as certain times of the year may bring higher consumer spending on beauty products. Understanding the market landscape can help consultants tailor their strategies and maximize their earnings potential.

    Personal Circumstances and Goals

    Finally, personal circumstances and goals play a significant role in earnings variation. Some consultants may have specific financial goals, such as saving for a vacation or paying off debt, motivating them to work harder and sell more. Others may approach their Mary Kay business more casually, leading to less focus on sales and growth. Individual motivations, lifestyle choices, and available time can all influence how much a consultant earns.

    FactorsDescription
    Individual Sales PerformanceEarnings are heavily dependent on the consultant’s ability to sell products. Factors such as product knowledge, communication skills, and enthusiasm affect sales success.
    Team Building and RecruitmentConsultants who recruit and mentor a strong team earn additional commissions. Consultants focusing only on personal sales may miss this income opportunity.
    Business Strategy and MarketingEffective marketing strategies, such as leveraging social media or adapting to trends, can increase sales. Consultants using traditional methods may see slower growth.
    Personal Time InvestmentConsultants who invest more time and effort in their business typically see greater earnings, while those treating it as a side gig may experience slower progress.
    Access to Resources and TrainingConsultants who actively participate in training and use available resources tend to perform better and achieve higher earnings compared to those who do not engage.
    Market Demand and LocationSales can vary based on location, market demand, and seasonal trends. Consultants in high-demand areas or who understand market fluctuations may see better earnings.
    Personal Circumstances and GoalsEarnings can vary depending on individual goals and motivations. Consultants with specific financial objectives may work harder and achieve higher sales.

    What Expenses Should Mary Kay Consultants Consider

    Starting a business as a Mary Kay consultant can be an exciting journey filled with opportunities. However, like any business venture, there are expenses to consider that can impact your overall profitability. Understanding these costs is crucial for budgeting and planning your financial success. Here’s a breakdown of the key expenses Mary Kay consultants should keep in mind.

    What Expenses Should Mary Kay Consultants Consider

    Initial Investment Costs

    When you join Mary Kay, there are initial investment costs associated with becoming a consultant. This usually includes purchasing a starter kit, which contains a selection of products, marketing materials, and tools to help you launch your business. The price of the kit can vary, so it’s essential to check the current options available. Additionally, some consultants may choose to invest in extra inventory to increase their initial product offerings, which can raise startup costs.

    Product Inventory

    While the starter kit provides a good foundation, maintaining product inventory is an ongoing expense that consultants must consider. Having a variety of products on hand is essential for fulfilling customer orders and hosting parties. The amount of inventory you keep will depend on your sales strategy, but it’s wise to manage your stock carefully to avoid overcommitting financially. Keep in mind that you’ll need to reinvest in your inventory as products sell and new items are launched.

    Marketing and Advertising

    To grow your Mary Kay business, effective marketing is key. This can include costs for advertising materials like business cards, brochures, and promotional items. Some consultants invest in online advertising or social media promotions to reach a wider audience. Attending local events, fairs, or markets to promote your business can also incur expenses such as booth fees and travel costs. Developing a budget for marketing is essential to ensure you’re getting the most bang for your buck.

    Training and Development

    Mary Kay offers various training opportunities, workshops, and events to help consultants enhance their skills and knowledge. While many of these resources are available for free, some may come with registration fees, travel costs, or accommodation expenses if they require attending events outside your local area. Investing in personal development can lead to greater sales success, but it’s important to factor these costs into your overall budget.

    Business Supplies

    Running your Mary Kay business may require additional supplies, such as bags for product delivery, packing materials, or display items for events and parties. Depending on how you choose to present your products, you might also need to purchase demonstration tools or equipment. These supplies, while often overlooked, can add up and should be included in your expense calculations.

    Vehicle and Travel Expenses

    If you plan to host parties, meet clients, or attend events, travel expenses will be a part of your budget. This includes costs for gas, vehicle maintenance, and possibly even wear and tear on your car. If you travel frequently for your Mary Kay business, consider keeping track of these expenses for potential tax deductions. Whether it’s local travel or trips to company events, these costs can accumulate quickly.

    Technology and Communication

    In today’s digital world, having the right technology is crucial for running your Mary Kay business effectively. This could include expenses for a smartphone, computer, software for inventory management, or a website to promote your business. Additionally, communication costs such as phone bills, internet service, and email marketing tools should be factored into your budget. These tools can enhance your marketing efforts and help you stay connected with customers.

    Taxes and Fees

    As a Mary Kay consultant, you’re considered an independent contractor, which means you’re responsible for reporting your income and paying taxes. It’s important to set aside a portion of your earnings for tax obligations. Additionally, depending on your location, there may be local business licenses or permits required, which can come with fees. Consulting with a tax professional can help you navigate these responsibilities and plan for your tax liabilities effectively.

    How Do Sales Levels Affect Income for Mary Kay Consultants

    Understanding how sales levels impact income is crucial for any Mary Kay consultant looking to maximize their earnings. The beauty of Mary Kay’s business model is that your income potential is directly tied to your sales performance. Let’s break down how different sales levels influence income and what it means for your overall success.

    Base Commission Structure

    At the heart of Mary Kay’s income potential is the base commission structure. Consultants earn a commission on every product they sell, which typically starts at around 25%. As consultants achieve higher sales levels, they can earn even more. For instance, reaching specific sales thresholds can bump your commission rate up to 40%. This tiered structure means that the more you sell, the more you earn per sale, making it essential for consultants to set and reach ambitious sales goals.

    Sales Goals and Incentives

    Mary Kay encourages consultants to set personal sales goals and provides various incentives for achieving them. When you meet or exceed your sales targets, you not only earn higher commissions but may also qualify for special promotions, bonuses, or exclusive rewards. This can include gifts, recognition at events, and even cash bonuses. As a result, consultants who consistently reach their sales goals can enjoy a significant boost in income, making the pursuit of these targets even more rewarding.

    Team Sales Performance

    If you decide to build a team by recruiting other consultants, your income can further expand through team sales performance. As your recruits sell products, you earn a percentage of their sales as well. This means that if your team members are performing well, your income can increase without you having to make those sales yourself. Therefore, maintaining a motivated and successful team can create a steady income stream and enhance your overall earnings.

    Seasonal Sales Variations

    Sales levels can also be affected by seasonal trends and promotions. Certain times of the year, such as holidays or special events, may lead to higher sales volumes. For example, consultants often see an uptick in sales around Valentine’s Day or during the holiday season when consumers are looking for gifts. By capitalizing on these peak seasons and strategically planning promotions, consultants can significantly boost their income during these times.

    Personal Effort and Commitment

    The level of personal effort and commitment a consultant puts into their business directly affects their sales levels. Those who actively seek out customers, host parties, and promote their products through social media tend to see higher sales than those who do not. The more you engage with potential customers and demonstrate a passion for the products, the more likely you are to make sales. This effort not only increases immediate income but can also lead to repeat business and referrals, creating a sustainable income flow.

    Customer Relationships

    Building strong relationships with customers can lead to increased sales levels and income. When consultants take the time to connect with clients, provide excellent customer service, and follow up after sales, they’re more likely to earn repeat business and referrals. Loyal customers often lead to consistent sales, and word-of-mouth recommendations can expand your customer base. This relationship-focused approach can significantly impact your income over time.

    Factors Influencing IncomeDescription
    Base Commission StructureConsultants earn a commission on every product sold, starting around 25%. Achieving higher sales levels can increase commissions to 40%, meaning the more you sell, the more you earn.
    Sales Goals and IncentivesConsultants who meet or exceed personal sales goals may qualify for bonuses, cash rewards, and exclusive incentives, boosting their overall income.
    Team Sales PerformanceConsultants who recruit and build teams can earn additional income based on their team’s sales, making team performance an essential part of maximizing earnings.
    Seasonal Sales VariationsSales may increase during peak seasons like holidays or special events. Strategic planning during these times can lead to higher sales and income.
    Personal Effort and CommitmentConsultants who actively engage with customers, host parties, and promote products online tend to have higher sales, resulting in greater income.
    Customer RelationshipsBuilding strong customer relationships through excellent service and follow-ups leads to repeat sales and referrals, significantly enhancing long-term income potential.

    What Are the Potential Earnings for Mary Kay Consultants

    Mary Kay has long been recognized as a flexible and rewarding business opportunity for individuals looking to earn income while promoting beauty products. However, the potential earnings for Mary Kay consultants can vary widely based on several factors. Understanding the various income streams and what influences earnings can help you gauge what’s possible in this business. Let’s explore the potential earnings for Mary Kay consultants.

    What Are the Potential Earnings for Mary Kay Consultants

    Base Commission Rates

    At the core of a Mary Kay consultant’s income are the base commission rates earned from product sales. Typically, consultants earn around 25% of the retail price of the products they sell. For instance, if a consultant sells $1,000 worth of products, they can expect to earn $250 in commission. This structure means that the more products a consultant sells, the higher their income potential. Moreover, as consultants achieve higher sales volumes, they may qualify for increased commission rates, reaching up to 40% based on performance.

    Team Commissions

    For those who choose to build a team, additional income can come from team commissions. When a consultant recruits others to join their Mary Kay business, they can earn a percentage of their recruits’ sales. This percentage typically ranges from 4% to 12%, depending on the consultant’s level within the company. The opportunity to earn from team sales can significantly enhance a consultant’s income, especially if they cultivate a successful team that sells well.

    Bonuses and Incentives

    Mary Kay frequently offers various bonuses and incentives to reward consultants for achieving specific sales goals or milestones. These can include cash bonuses, product bonuses, and recognition at events. For example, consultants who meet certain sales targets may receive bonuses that can range from a few hundred to several thousand dollars throughout the year. These incentives not only boost income but also provide motivation for consultants to push their sales further.

    Seasonal Earnings

    Sales levels can fluctuate throughout the year, leading to seasonal earnings variations. Certain times of the year, like holidays or special occasions, often see increased consumer spending on beauty products. Consultants who strategically plan their marketing efforts around these peak times can capitalize on higher sales volumes. For instance, during the holiday season, many consultants report significant boosts in sales, leading to increased earnings.

    Recognition Programs

    Mary Kay has recognition programs that reward consultants for their achievements. These programs can include trips, cars, and other prizes based on sales performance and leadership development. While these rewards may not directly translate to cash, they enhance the overall value of being a Mary Kay consultant. Many consultants see these rewards as part of their overall earnings potential and motivation to excel in their business.

    Earnings Potential by Experience Level

    The income potential can also vary depending on the consultant’s experience and commitment to the business. New consultants may start with lower earnings as they build their client base and sales skills. However, experienced consultants who have established customer relationships and developed effective sales strategies can earn significantly more. Some top-performing consultants report annual earnings in the range of $50,000 to $100,000 or more, while others may earn more modest amounts based on their level of effort and sales success.

    Why Do People Choose to Become Mary Kay Consultants

    Choosing to become a Mary Kay consultant can be a life-changing decision for many individuals. From the allure of flexible work hours to the potential for significant earnings, there are several compelling reasons why people are drawn to this opportunity. Let’s dive into the key motivations behind the choice to join Mary Kay.

    Flexibility and Independence

    One of the primary reasons individuals choose to become Mary Kay consultants is the flexibility it offers. Many people are attracted to the idea of being their own boss and setting their own hours. This flexibility allows consultants to work around their personal schedules, whether they have family commitments, another job, or simply prefer a non-traditional work environment. The independence to manage one’s time and work on personal terms is a significant draw for many.

    Financial Opportunity

    The potential for financial gain is another major reason people join Mary Kay. The compensation structure allows consultants to earn a commission on the products they sell, with the possibility of higher earnings through team commissions and bonuses. For many, this financial opportunity serves as an attractive supplement to household income or as a means to achieve financial independence. Some consultants even pursue it as a full-time career, leveraging their sales skills to build substantial earnings.

    Passion for Beauty and Skincare

    A genuine passion for beauty and skincare products often motivates individuals to become Mary Kay consultants. Many consultants have a love for makeup, skincare, and personal grooming, making the business an extension of their interests. This passion drives them to share products they believe in and connect with others who share similar interests. Being part of the beauty industry allows consultants to engage with customers on a personal level, creating a fulfilling experience.

    Personal Development and Growth

    Joining Mary Kay also provides opportunities for personal development and growth. The company emphasizes training and education, helping consultants develop sales techniques, marketing strategies, and leadership skills. Many consultants find that their experiences in the business lead to increased confidence, improved communication skills, and greater self-discipline. This focus on personal growth is appealing to individuals looking to enhance their professional skill set while working in a supportive environment.

    Community and Support

    The Mary Kay community is another strong factor that attracts people to the business. Consultants often form lasting friendships with fellow team members and leaders, creating a network of support and camaraderie. This sense of belonging can be especially appealing for those who may feel isolated in traditional jobs. The encouragement and mentorship provided within the community can inspire individuals to reach their goals and celebrate their successes together.

    Work-Life Balance

    For many, the desire for a better work-life balance drives the choice to become a Mary Kay consultant. The ability to prioritize family, personal interests, and social activities while earning an income is a significant advantage of this business model. Many consultants appreciate the opportunity to cultivate a career that accommodates their lifestyle rather than one that dominates it.

    Recognition and Achievements

    Mary Kay is known for its recognition programs, which celebrate consultants for their hard work and achievements. Many people are motivated by the prospect of receiving rewards, such as prizes, trips, and even cars, based on their performance. This recognition fosters a sense of accomplishment and encourages consultants to strive for their goals, adding an element of excitement to their business endeavors.

    What Challenges Do Mary Kay Consultants Face

    Becoming a Mary Kay consultant can be an exciting venture filled with opportunities for personal and financial growth. However, like any business, it comes with its own set of challenges that consultants must navigate. Understanding these challenges is crucial for anyone considering this path. Let’s explore some of the common hurdles Mary Kay consultants may face.

    What Challenges Do Mary Kay Consultants Face

    Building a Customer Base

    One of the biggest challenges for new Mary Kay consultants is building a solid customer base. Initially, consultants may rely on friends and family to kickstart their sales. However, relying solely on personal connections can limit growth. Expanding beyond this network requires effective marketing strategies, networking, and outreach efforts, which can be intimidating for those not accustomed to sales. Consultants need to be proactive in finding new customers and developing relationships to sustain their business.

    Time Management

    While the flexibility of being a Mary Kay consultant is appealing, it can also lead to difficulties in time management. Balancing personal commitments, family life, and business responsibilities can be challenging. Without a structured schedule, some consultants may find it hard to prioritize their work, leading to stress and burnout. Establishing a routine and setting clear boundaries between work and personal life is essential for maintaining productivity and well-being.

    Competition

    The beauty industry is highly competitive, and Mary Kay consultants often find themselves competing not just with each other but also with numerous other beauty brands and consultants. Standing out in a crowded market requires creativity and strategic marketing efforts. Consultants must constantly find ways to differentiate themselves and their offerings to attract and retain customers. This can be overwhelming, especially for those new to the industry.

    Sales Pressure

    The commission-based income structure means that Mary Kay consultants face the pressure of meeting sales targets to earn a significant income. This pressure can be stressful, particularly for those who may not have extensive sales experience. The need to consistently sell products to achieve financial goals can lead to anxiety and self-doubt, especially during slow sales periods. Finding ways to cope with this pressure and maintaining a positive mindset is vital for long-term success.

    Recruitment Challenges

    For those looking to build a team, recruiting new consultants can present its own set of challenges. Finding motivated individuals who share the same vision and commitment to success can be difficult. Additionally, potential recruits may have reservations about joining a direct sales company, making it essential for existing consultants to effectively communicate the benefits of the business model. Overcoming these obstacles requires persistence and strong communication skills.

    Training and Skill Development

    While Mary Kay provides training resources, consultants must take the initiative to develop their skills continually. Some may struggle with learning sales techniques, product knowledge, and effective marketing strategies. Staying updated with industry trends and adapting to changing customer preferences is crucial for success. Consultants who do not prioritize ongoing education may find it challenging to keep up and remain competitive in the market.

    Managing Finances

    Managing finances can be another challenge for Mary Kay consultants, particularly for those who are new to running a business. There are initial costs associated with starting up, such as purchasing inventory, marketing materials, and other supplies. It’s essential to budget carefully and monitor expenses to avoid financial strain. Additionally, because income can fluctuate, consultants need to be prepared for slow periods and plan accordingly.

    FAQs

    What is the average income for a Mary Kay Consultant?

    The average income for Mary Kay Consultants varies widely. Part-time consultants may earn a few hundred dollars a year, while full-time consultants can earn $50,000 or more annually. Top earners may even reach six figures.

    How do Mary Kay Consultants earn commissions?

    Mary Kay Consultants earn commissions by selling products at retail prices, typically earning around 50% of the retail price. They can also earn additional bonuses by building and leading teams of other consultants.

    Is there an initial investment to start as a Mary Kay Consultant?

    Yes, there is an initial investment. Consultants usually purchase a starter kit that includes products and marketing materials, which can cost a few hundred dollars. However, many start small and scale their investment as they grow their business.

    Do Mary Kay Consultants have to maintain inventory?

    While it’s beneficial to have some inventory on hand for immediate sales, consultants can also order products as needed, allowing them to minimize upfront costs and financial risk.

    How can new consultants find customers?

    New consultants can find customers through social media, hosting parties, networking with friends and family, and attending community events. Building relationships and providing excellent customer service can also lead to repeat business and referrals.

    Conclusion

    So, do Mary Kay Consultants make money in their business? The answer is a resounding yes, but the amount can vary based on numerous factors, including commitment level, sales skills, and ability to build a team. While there are challenges to face, the potential for personal growth and income makes it an attractive option for many. Whether you’re looking for a side hustle or a full-time career, Mary Kay offers opportunities for those willing to put in the effort.

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