Käyttäjä:ChoateFurr800
Did someone just invited you to join Scentsy to earn extra income? Is that this a real opportunity? I must give you an overview about this company and its opportunity and some suggestions about what you should need to achieve your financial goals.
1. Scentsy, an immediate Sales MLM Company
Scentsy was founded in 2004, based in Meridian, Idaho. The company sells various kinds of fragrance wickless candles, with candle warmers, which operates safer than regular lit candles. The candle warmers simply release highly scented Fragrances inside the wax, without creating fire risk related to lighting a candle. Scentsy is really a Network marketing company with MLM compenstation model. As an independent consultant, you'll sell the product straight to the customers. You will be rewarded with commissions based on your individual Retail Volume. Leadership Bonus will also be paid to team/group leaders who built groups of consultants, which bonuses becomes the residual income.
2. How you can Join Scentsy like a Consultant?
You will need to purchase a US$99 basic starter kit, which includes selected Party Fragrance Testers, demonstration products and a good selection of business supplies for example party/training DVD, Brochures, Business card printing, etc.
You will then need to keep your membership active by preserve a $150 Personal Retail Volume(PRV) every 3 months.
To receive orders online, you can also sign up for a replicated website/webstore for $10/month.
3. Comp plan
Your commission will begin from 20% of the PRV, that is just how much you've sold. After you have achieved the US$1,000 PRV, the company will start to pay out 25% of the following sales. Upon creating a team of consultants, additionally, you will receive 2-9% from the Group Wholesale Volume.
4. Online marketing strategy based around Party Plan
Scentsy continues to be using party plan since it's main marketing strategy, although it has allow its independent consultants to decide their very own marketing approach. Many successful consultant have taken advantage of using party plan marketing strategy. The downside of party plan's that it requires considerable time and manual effort to organize and follow-up. On the other hand, many successful Scentsy consultants also have leverage on the online automated tools and systems, which more effectively market their product and services.
5. Inexpensive products
Scentsy's products are inexpensive, therefore decreasing the consumer's objection to buy. Ironically this means that you would need to sell a variety of it to create a significant commission.
6. What commission income are we talking about here?
Only for an example, here is what you need to create a $1000 commission:
A Sampler Multi Pack cost $105, your commission will be 20% at $21.
For that first 10 sales, you will receive $210.
You'll receive $813.75 for the following 31 sales.
All in, you'll receive $1023.75 for selling 41 sets of Sampler Multi Pack.
To realize this, you can invite 5 new friends to some Scentsy party, organize 8 parties inside a month and sell to every of the friend 1 sampler pack in every party.
Even though this may appear easy, you will need a large amount of commitment, networking and time. The good thing is that Scentsy does not stop you from internet marketing to leverage around the advance tools and strategies to promote your products and services. However what Scentsy does not provide is a Marketing System that may help you to create new leads and convert these results in customers or independent consultants.
A good Marketing system is one which will help you attract massive traffic and generate lots of leads for you personally, and switch these leads to paying customers for affiliate products and programs even if they don't purchase from you.
