Making Home Party Businesses Work
Making money by selling to friends and family while socializing over food and drinks is making a comeback. What better way to demonstrate a product’s features than over hors d’oeuvres and drinks? At least, that’s the philosophy of direct selling and the numbers are growing. Having a home party business is becoming increasingly popular as more and more people look for a way to bring in additional income, be able to have their own business, or just to have a little fun with their friends.
Direct selling products include everything from jewelry to organic gardening supplies to lingerie. There are even virtual parties hosted online where several groups can Skype and join together from different locations. New and innovative ideas join the ranks every day, increasing the variety of products offered and the opportunity for income.
When considering a direct selling company, it is very important to thoroughly research both the company and the product. It also helps to really like, even love the product, because it is no fun to try and sell a product that someone does not like.
How to Start
While it sounds like a great time to hang out with friends at a party and simply sell them stuff, it is not that easy.
Enjoy speaking in front of a group? This is probably one of the most important considerations before deciding on a home party business. A successful business like this requires getting up in front of groups of people and telling them about the product, showing them its features, and convincing them to buy.
If purchasing a kit or a program, look carefully at what the purchase price includes. What is included in the start-up kit? Are there plenty of training materials, samples, party ideas, and other materials to help host successful parties and get started?
Is there a buyback policy? The Direct Sellers Association requires their members to buy back inventory from their consultants within twelve months of the purchase date at around ninety percent of the purchase cost. This ensures that new consultants have a way of recouping at least some of their investment if they decide home party businesses are not for them.
Ensure the product is real. The last thing a new business owner needs is to buy a fake product.
Take your time and do not give into pressure to buy. Some programs may try and pressure new consultants to buy now or miss this great opportunity, but do not worry about them. A good program will still be there tomorrow after all the research is done and the program is proven.
The party is only the beginning. One of the most important things to remember is that the party is only the start of the relationship. To be really successful, a direct selling consultant must develop and nurture relationships with their customers. They must consistently follow up with each customer, learning what they like and anticipating the products they will want.
This is how to build a successful home party businesses.
Owning a home party business can be great, but it is not easy. It takes work and dedication, but it can also be fun.