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Home Party Business: Home Based Business Ideas

Home Party Business

 

Are you interested in starting a new career?

The Home Party Business is hitting the home based business scene running. If executed properly, you can make a steady income for years to come with your upfront efforts. People are eating up the personalized customer service they receive from the home party business. Think about the Home Party Business as a fun and rewarding opportunity.

How does this business work you ask. You build your home party business by selling products using the Party Method. This is an ingenious method of growing a business and a sales channel.

A survey distributed to people who sell via direct sales asked the question: Having learned what you have over the years, if you had to choose a method to sell products with optimal profits in the least amount of time, what method would you choose? An overwhelming response (over 90% of surveys returned) wrote they would choose the home business party method.

You may have heard of or have probably even attended a party of the bigger companies that have successfully chosen the party plan business method – Mary Kay, Home Interiors, Avon, Tupperware, Pampered Chef, just to name a few. What you may not know is many successful start ups are selling their own products via home parties.

Choose a product low in cost but high in obvious benefit to the consumer. For instance, Mary Kay has an anti-aging line called Timewise. They manufacture the product and sell via consultants cutting out many middle men and numerous costs. The obvious benefits are the anti-aging elements, an easy sell.

One way to find a product is to go directly to the manufacturer. A reputable company providing a directory of manufacturers who drop ship (ship directly to the customer) and offer light bulk orders (affordable) is Worldwide Brands. Their website also contains market research tools. Though it is geared toward online businesses. The information will apply to this business as well.

Ideas
Jewelry, handbags, handcrafted items, lingerie, specialty clothing, wine, cleaning products, bath and body products, cosmetics, etc.

After you, selected a product, you need to start the recruiting process. You can do this by holding your own parties and finding others who might be interested in making some extra money. During your party, try to book other parties. For your first party, invite friends, relatives, neighbors, acquaintances. Hold a few home business parties if you have enough people.

During your recruiting efforts you need to meet regularly with your recruits. You will need to keep them motivated. Your enthusiasm will help spark them. Continued sales and product information training during these meetings is a plus. If you are not a particularly great speaker, have someone from another business or one of your recruits speak. Most sales people will love the opportunity to network.

This type of business definitely has a possibility of creating a different lifestyle for you. Let’s say you have 10 party hostesses selling your products. Each hostess holds four parties a month. They sell $300 in merchandise during each party. After commissions and manufacturers are paid you make 30%. That’s $100 (profits) X 10 (party hostesses) X 4 (parties per month) x 12 (months per year) = $48,000 in extra income per year. Increase your recruits, sales, or number events and your salary increases exponentially. At this point you will probably just be arranging motivational meetings and training!

You may want to do some undercover work to get started. Join a home party business as a recruit. Work the business diligently and take notes on how you could improve the business. Also, take care to note what is working. This will help you to develop a business plan. There is no need to completely recreate the wheel.

Planning is the key to success of any business. If you fail to plan, you plan to fail. Make sure to do adequate market research on your products. Plan and schedule your marketing efforts. Then act. Go for it!

Party Business Resources will list some companies you may want to look at.

To get started on a home based business adventure, please consider one of our helpful and information packed guides;

For 30 minute free consultation, contact me via email at lee@workathomejobsinformation.com

 

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