A Home Party Business
Find out about this work from home opportunity
A home party business can be a successful and rewarding way of earning income at home.
Approximately 30 percent of all direct sales in the U.S.
are conducted through home party plans. There are over 59 million direct sales consultants who own their own home party businesses in the world today, over 15 million in the U.S.
More than 74 percent of the American public have purchased goods or services through direct selling. This is a great time to become involved in direct selling through home shopping parties.
Home Interior Parties
What is the home party business?
Basically the home party plan is a form of product distribution and direct sales through the use of consultants and in-home parties. The business
model has been around for many years starting with Tupperware in the late Fifties! The model remains basically the same.
Consultants who participate in the program have access to the company's products that they then market to friends, colleagues,
family and a wider network through home parties and social events. During the party the consultant presents and demonstrates
a product range such as cosmetics, jewelry, home decor, candles, fashion accessories and lingerie. The consultant then gets a certain percentage or commission
on any sales. Another type of home party business involves buying and selling products as you would with a shop. The consultant buys the products
directly from the manufacturer or distributor and earns the profit made in selling them. Other than hosting their own home parties and inviting people they know, the idea is to have other people host parties
for their friends where the consultant can show off the products, make some sales and get future bookings for more parties. A number of companies
offer incentives to anyone who is willing to host a party. Consultants are also able to take inidvidual catalog orders from
both repeat and new customers. In addition to earning money through parties and catalog sales the consultant can expand the business
by recruiting new people to sell the product range and earning a commission on these sales. Find out how to
Start a Home Party Business.
- What sort of products are offered by home party plans?
There is an enormous range of products and services sold using the home party plan system. From clothing and acessories to kitchen and home
decor items to cosmetics and cleaning products. Craft parties have become extremely popular. Party guests get together and learn about a particular craft
such as rubber stamping, beading, scrapbooking and making greeting cards. The consultant uses the craft party as an opportunity to sell all
the supplies needed for the craft. There are a huge number of home party opportunities and options but the challenge is finding the one that works best for you.
Find out how to select the right Home Party Plans
- What are the start up costs?
This requires an initial investment in the home party plan you decide to purchase. This is the cost of the business or sales starter kit which includes product samples and
business tools such as catalogs and training manuals. The startup costs are relatively low, from as little as a $100 for a starter kit to get your home party business started.
There is low risk involved as any company that is a member of the Direct Selling Association is obliged to
buy back your sales kit and unsold inventory if you want to leave the company within
12 months of purchase date at a minimum of 90 percent of the orginal cost. If you are buying products to sell on for a profit then you
will need to invest in sufficient inventory.
- What skills do I need? You should be confident and comfortable with talking to groups of people. Good sales ability is obviously very
beneficial. Good organizational and planning skills are also necessary.
Many people set up successful, thriving home party businesses but it requires discipline and effort. As with any home business it takes time to
establish a strong customer base and build up a profitable business. It is not a get rich quick scheme but if you set your goals
and work hard to achieve them you can establish a solid, profitable home party business.
- What are the advantages and disadvantages of this type of home business?
This can be a fun way of earning money from home. You can work flexible hours and put in as many hours you choose.
As an independent sales consultant you are a self-employed business owner with the freedom that your own business brings. Most home party plan
companies offer ongoing support and help to their independent consultants. However direct selling is not for everyone. You need to be confident about your ability to demonstrate products and
persuade potential customers to buy your products. This is all made much easier if you have selected the right type
of product to sell. Find out about the best product to sell when you
Start a Home Party Business
Home Purse Parties
Jewelry Home Parties
Home Candle Parties
Lingerie Home Party Plans
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Home party businesses can be a fun and rewarding way to earn income
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