Believe
it! You can easily make $50,000 in the next six months or less! After that, you
can practically be guaranteed at least that much, but probably much more, every
year for the rest of your life, without really working.
The
way to accumulate this kind of wealth is with your own business of selling
merchandise via The Party Plan. few other businesses can so easily give you
this kind of wealth as quickly, and keep your income growing.
A
recent questionnaire, circulated among hundreds of successful direct sales
merchandisers across the country asked this question: "If you were to
start over today, knowing what you know now, and could choose the one method of
merchandising that would make you really rich in the shortest period of time,
which would you select?" Of those questionnaires returned, 94% stated they
would go with The Party Plan Method.
The
sharp party plan operators (and the richest) simply hold motivational sales
meetings for their sub-distributors about once a month. During these meetings,
they are teaching their sub-distributors how to recruit new hosts and
hostesses, or husband and wife host and hostess teams.
A
host or hostess can be any person who is agreeable to holding a sales party at
his or her house. Almost always, this person is rewarded for having the party
with a percentage of the total business or a agreed upon special merchandise
gift.
These
people invite friends, neighbors and relatives to the party. Your
sub-distributor doesn't have to do much more than make contact with the people
willing to hold parties, supply the merchandise, and sometimes offer to help or
be there to make sure everything goes smoothly.
Here's
the kind of money you can realize with this business: Say you have ten
sub-distributors, and each one arranges only five parties a month, and each
party does $200 in gross business. That's a total of $10,000 per month in total
volume. And from that total volume, you make only 30%. Figure it out for
yourself. This would give you a personal income of $3,000 for thirty days in
which you did no more than hold one or two motivational sales meetings!
Besides
each party is at least guaranteed to give your sub-distributor at least two
more hostesses for future parties, and those future parties will provide still
more hostesses. this chain is endless, and will build as fast as you can keep
up with it.
Choose
an evening for your party--any evening excepting Friday through the weekend.
Generally 7:30 is the most convenient time for the greatest number of people.
If it's inconvenient for whatever reason to hold a party in your home, arrange
with a friend to hold the first couple of parties.
Make
up a list of 30 to 40 people you can invite to the party. They can be friends,
neighbors, relatives or people you know from work, even acquaintances with whom
you do business such as the check-out clerk where you buy your groceries or
people you meet at the bus stop on your way to work.
After
formally inviting these people, you then call to remind them of the party at
least a couple of days before the date of the party. This is important, because
of the original 40 people you invite, at least 15 will not show because it
slipped their minds, last minute circumstances that force change in plans, and
those that really weren't interested in the first place.
On
the day of the party, get your merchandise display set up early. The party should
be held in the largest room in the home---usually the living room--with the
merchandise display the center of attraction.
The
merchandise should be set out on a sturdy table covered with a good white or
light colored cloth, and the merchandise should be arranged by group or
type---the jewelry items together; perfumes bat oils and colognes together,
crystal together, and so on.
Try
to put a bit of imagination and showmanship into your merchandise display. This
will have the effect of making your merchandise look much more valuable than it
actually is. Those that do put a flair into their merchandise displays find
that it increases their sales by as much as 25 percent over an ordinary
showing.
For
instances, a high intensity light focused on the display will cause the jewelry
to sparkle, the stainless steel to gleam, and the brassware to glimmer like
valuable heirlooms.
Another
idea would be to tack a piece of velvet onto a 4 by 6 foot piece of plywood and
use it to display rings, earrings, necklaces and watches.
In
jewelry sales, another idea is to hang a mirror on a wall near the merchandise
display. If you or your hostess has room, you might want to set up a card
table, covered with an expensive looking piece of material, place a dressing
table type mirror on this table, with a chair available for your guests to sit
at the table while they try on the various items. The guests then make their
selections after determining how each item looks on them.
regardless
of what you do to make it easier for your guests to select and buy, a hand
mirror is an absolute must whenever you're showing jewelry. It would be wise to
have several hand mirrors available---two for your merchandise display table,
and an extra one on the 'admiration" table.
Besides
your merchandise display, be sure also you're organized with your refreshments.
These usually consist of coffee, tea, soft drinks, cookies, or other
"nibble' items. The host or hostess usually makes arrangements in advance
for one of the guests to assist with the serving of refreshments.
Be
sure you have nametags for your guests, and a couple of felt tip marking pens.
And don't forget the order forms. these should be standard two-piece
self-carbon forms---one copy for your customers and the other for your files.
The best idea is to buy the order forms. All these items are commonly available
in stationery stores. Rubber stamp your name and address on each copy of each
order form, at least a couple days in advance of the party.
Still
another item to remember is your merchandise catalogs. Be sure you have a good
supply on hand, rubber stamped with your name and address. Later on, when
you're established and the money is rolling in, you can have your name and
address imprinted on your catalogs.
If
you don't have a merchandise catalog, consider making one of your own. A
valuable and easy-to-follow- manual "HOW TO PREPARE YOUR OWN CATALOG"
(book #1203) is currently available. Another manual that will be of special
interest to you is the "CLOSEOUT MERCHANDISE MONEY MAKING MANUAL"
(book # 1668). Both these manuals are available from the dealer who supplied
this report.
While
we're on the idea of catalogs, we'd like to point out that a lot of Party Plan
Merchandisers are also dealers for the extra-income book catalog, "Unique
Books". They feel that almost everyone is interested in extra income
ideas, and the Unique Books catalog has a wide selection of reports and manuals
describing supplemental income opportunities. Leaving one of the book catalogs
with guests at the party results in an on going flow of book orders for months
afterward.
Back
to the Party Plan. about half hour before your guests are due to begin
arriving, turn on all the lights in the room where the party is to be held.
This will give the room a bright, warm feeling conductive to a party kind of
atmosphere. And by all means, be sure to turn off all the radios, stereo and TV
sets. Eliminate any and all noises from other rooms in your home that might
distract the attention of your guests.
Every
party should be planned, and follow a prescribed format agenda. This is because
without a plan, it'll just be a gathering of people wasting time at your home
instead of theirs. you must have a plan to know what to do next in order to
achieve the desired results. Having a "pattern" is also the easiest
way to teach others to duplicate your success, and idea of following a
successful formula is a proven method of making the most sales in the least
time.
Phase
one is the greeting and get-acquainted time slot--about thirty minutes. The
hostess greets the guests as they arrive, prints a name tag for each, introduce
them around, gives them a catalog, points out the refreshments, and leads them
into conversation with the other guests.
The
second phase is the " game-playing"portion of your party. This phase
is used to relax everybody and get them involved in the party. It should last
about 15 to 20 minutes.
Next
comes the merchandise presentation by the hostess, who shows and describes each
item on display. If you have a jewelry available, ask different guests to try
on particular items and show the others what these articles look like in use.
the length of time spent on this phase of the party will depend in large on how
much merchandise you have on display, but generally, you shouldn't spend more
than about 20 minutes showing and describing your merchandise. Then give your
guests about 10 to 15 minutes to personally inspect and try on the items that
have aroused their interest.
You
should mingle and converse with the guests during this time period in order to
answer specific questions or explain the possible uses of an item, where it
might look good in the buyer's home, and any interesting tidbits relating to
where an item came from, how it was made, or the satisfaction of an earlier
buyer.
When
you seem to have answered all the questions, and everyone appears to have made
their selections, start writing orders. Don't hesitate to ask for orders.
Writing orders should take about 15 minutes, and then you should let the party
begin winding down.
During
this time, mingle with your guests and anyone showing a spark of interest
should be approached with an offer to serve as a future host or hostess. As
each guest starts to leave, thank them for coming and walk with them to the
door.
The
total length of your party shouldn't be much more than two hours. Time and time
again, it's been proven that you can do everything necessary, and make the most
sales in this period of time. You lose effectiveness and make fewer sales with
appreciably more or less time.
There
are a couple of proven ways to recruit new hosts or hostesses from the people
attending your party. First of all, watch the guests as they are looking over
the merchandise, examine, admire and wish for something they don't quite have
enough extra money to buy. When you've determined that a particular guest wants
a specific item but can't quite fit it into the budget, simply take her aside
to a secluded corner of the room, and explain privately that you're willing to
give her the item she has been looking at and wanting, if she will agree to
invite her friends and relatives to a party in her home.
This
approach works almost every time, and your only expense is the wholesale price
of the item you give her as a free give.
The
second sure-fire approach is to offer a cash incentive. You do this by offering
to allow 5% to 10% of the total sales volume resulting from the party staged
for you by this type of recruit. Ther's a plus factor for you on this one,
because you'll be getting the enthusiastic participation of the host or hostess
on the selling side. Once you've explained to them how your program works,
they'll generally do everything they can to make the party a huge success, and
thereby increase their pay for the evening.
When
you give a gift to the hostess for having the party, the presentation should be
a special ceremony staged with all the "Show Biz" flair you can
muster, at the end of your merchandise showing. However, when your gift is a
cash award, carry your presentation over to the next party and make it a big
production of it as well. Don't forget to invite the "guest of honor"
to your next scheduled party for the big presentation.
During
these presentations many of the other guests will be favorably impressed, and
as a consequence will ask for details.
Actually,
your recruiting efforts should begin when you start taking orders. Every person
you talk with should be offered the opportunity to hold a party of his or her
own. Then just before the party begins breaking up, ask you guest as a group if
any of them would be interested in holding a similar party in his or her home.
You ask those who voice an interest to stay for a few minutes in order to work
out the details.
You
should have an Appointment Book for this scheduling. Simply ask what date would
be favorable for them, mark that date in the book, along with the name and
address and telephone number. Then assure each that you'll call in the next day
or two to work out the details.
Many
party plan merchandisers also use a letter. They write a letter extolling the
fun and excitement of the parties, explaining briefly the opportunities to
receive free gifts of their choice or big commission checks. Then they invite
the letter recipients to call for complete details on how they can stage a party.
These letters are usually printed in volume, and then slipped inside the covers
of the catalog these merchandisers give to each person attending the parties.
Sometimes these letters are handed to each guest as the party breaks up.
Some
party plan merchandisers also run small classified ads in the area newspapers.
This advertising plays up to the opportunities available to make regular
commission checks (extra income) simply by holding parties in their home.
people interested are invited to phone for more details. response to this kind
of ad is generally very good, with the conversion rate better than sixty
percent!
Most
people tend to feel party plan merchandising is exclusive to women, but don't
you believe it! It's true that women generally establish themselves more
rapidly than men with this kind of sales operation, but over the long haul
there are just as many men operating successful party plan sales operations as
there are women.
Men
are usually not as adept in establishing social "chit-chat" relationships
as women. Therefore, the man who wants in on the vast potential of party plan
merchandising should consider working with a women.
A
husband and wife partnership is an ideal working arrangement. An acquaintance,
girlfriend or relative will often work out just as successfully. The basic
requirement is simply that the "couple" must function as a team, with
the individual talents of one complementing those of the other.
Probably
one of the greatest secrets of success with this kind of sales operation is
that in order to make the sales, and talk about $400 parties, you must have the
widest selection of merchandise possible.
Many
beginners, not understanding that offering the potential buyers a wide and
varied selection of items to choose from is what builds your profits in a
hurry, base their entire merchandising plan around a selection that's of
special interest or particularly appealing to themselves It's all right to include
the items that you especially like, but don't base your entire merchandise line
on the things you like you're selling to others not yourself!
Most
successful party plan merchandisers advise that you should display at least
forty different items, and more if you have the supplier contacts or the buying
expertise. The actual decisions on which products to carry and display at your
parties should be based upon these four factors: 1) The kinds of gift items,
personal decor articles and general merchandise the people in your area are
buying; 2) The style or fads currently in vogue in your area; 3) Contacts with
enough suppliers who can furnish you with the kind of merchandise your
potential buyers want; 4) Your ability to shop among the various suppliers, and
verify that you are getting the very best merchandise value obtainable.
Still
another point to consider before buying merchandise to display and sell; Do the
prices you're having to pay for your products wholesale allow you enough room
for a reasonable profit when compared to your time and expense?
Do
some market research relative to your ambitions; get answers to the questions
we've set forth for you, and when you're satisfied that you understand the
workings of Party Plan Merchandising, grab the opportunity and run with it!
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