Are You Maximizing Your Profits in Your Direct Sales Business

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Category : Direct Sales Articles, Direct Sales Work at Home Business Tips, Home Party Plan Tips

Maximizing your profits in your direct sales or party plan business really comes down to how you run your business. So let me ask you. Are you a sales based direct seller or a recruiting based direct seller? Does it really matter?

I am a sales based direct seller. I believe that sales are the foundation and basis of our business in direct sales. By using customer sales and the growth of your business through sales as the main basis of your income, then you will have a stronger business overall. With this said, I am also of the belief that strong sales will lead to strong recruits who also use sales based business model.

Another important reason that I use a sales based business model is that you actually make more money from your team sales as you are getting paid on their sales as well as any increase in income from adding a recruit to your line. I truly believe that sales drive the whole system of getting paid from your recruits. They will also sell product and make money and start then recruiting, just as their upline shows them. And the circle continues and the strenght of the whole team grows. The more product your team sells, the more money you make as well as the company.

Recruit based income is a hard concept for me sometimes. By putting the most eggs in your basket based on recruiting and then hoping that you will build yourself a team that will support you is tough. How do you make a living in the mean time, while you are building your team? And how does your teammember become good at selling the product, if no one is showing them how to? Also, if no one sold product, how can the company continue to exist?

It would make me nervous to expect a team to support me. What if they all quit? What if they didn’t buy anything next month? What if the party circuit dried up for them and their recruting efforts died? If the product doesn’t sell, the company cannot profit either….

Where do you want your business to go? Have you thought about how you have structured your business? Are you maximizing that structure to the benefit of your income and your recruits income as well? Make sure you look at all sides of the business when setting up your business plan and structuring how you do business and share all sides with your recruits as well. Recruits will tend to follow your lead until they can create their own plan and become comfortable with the business as well as learning to maximize their own profitibilty. We certainly have a responsibility to our new business partners to make sure they are being profitable so that we have a long and mutually satisifying relationship.

So now you know the best of part of being a home based business owner. Maximizing your profits and your recruits profits as well. The more you sell, the more you earn!

A thought for the day… Business Builders

Category : Direct Sales Work at Home Business Tips

I read this somewhere. I wish I could remember where…. Every sale has five basic obstacles: no need, no money, no hurry, no desire, no trust. (unknown author)

So, I’m thinking…. What are you doing in your business to overcome these obstacles?

How to you show your customer the Need?
How can you change things to make it easier if they have no Money?
How can you entise someone that has no incentive to Hurry?
How can you make a customer have Desire for your product?
Most of all, how can you build your customers Trust? (this should really be #1)

great thinking points…

Is your store open for business?

Category : Direct Sales Work at Home Business Tips, Home Party Plan Tips

One of the downfalls of a direct sales business is that fact that sometimes it is hard to see an item that your customer may be interested in purchasing. Describing said item may not fulfill her expectations and you could lose a sale.

Now some reps are able to carry display items and I usually sold more of an item that someone could touch, feel and test. If there was something I thought was a great deal, a fabulous idea or just had a great feeling about it, I would buy extra and sell out of my inventory.

One of the most important things we have to use as direct sellers is our store.

What? You don’t have a store?

Sure you do. It is your catalog. In this down market, your catalog, your store, needs to be your best friend. If you are not investing in books or mini mailers to pass out and samples when you can, you are missing a key part of being successful in direct sales.

Oh I know what you are thinking. They are expensive! But lets look at the alternative. If you are not passing out books, how can you expect to continue to grow your business? This is a form of advertising and it is critical to your business. People need to know what you sell. If they are interested in a particular item, you can use your store to show them. If you can get your hands on a sample or a tester of the product, do so. The extra mile will work in your favor. I have been even known to order the item and accept returns if does not meet their standards.

If you are not willing to go the extra mile, spend a bit more on your business, then how can you expect people to just buy from you because you ask? Tangible items work, even if it is just a catalog or mini mailer.

Hey and don’t forget to have your contact info on there! I mean really.. Nothing should leave your hands without it. Its kind of hard to place an order when the rep doesn’t care enough to maintain her store. You may have given away business to your competition as well. I have picked up other reps catalogs and checked for their info. If it was not on there, guess what? My info got placed on the back. Sorry girls. All’s fair in love and business. Don’t let your business walk out the door and into the comptetition. But then that’s a story for another day.

Using Referrals for your DS business

Category : Direct Sales Work at Home Business Tips, Home Party Plan Tips

Want an awesome gift to give yourself today?? Grow your business!!!

HOW?? !Referrals!

In our busy, crazy lives sometimes expanding our customer base is put by the wayside. We are busy in our business and we are busy in our family life and sometimes we find the weeks just flying by. So if we are so busy all the time, expanding our business using referrals in an awesome tool to use! But How?

The easiest place to start of course is with our current customers. Simply asking the – Who do you know that would enjoy my product and services – does more for you than you can do on your own sometimes.

Let’s face it. You know how great your product is otherwise you would not be selling it. But if someone else tells you how great a product is, you would be more inclined to try it. Testimonials are powerful!

Rewarding your customer in an awesome way to speak on your behalf to their friends and family. Free gifts or a discount on a special product is a perfect way of saying Thank you. Giving incentives or having a contest is fun as well.

Your great customer service will make it easy for your customers to spread the word about your business. Do not be embarrassed to use it or ask. Your customer wants to be involved in your business. They enjoy your products and will be a great tool in growing your business.

Set a goal today to put a referral system in place for your
business. Spread the word to your customers via flyer, sticker,
phone call or whatever medium you choose. Stick to it and refer to it often when speaking to your customers. Simply saying, “I reward for referrals” as a reminder will bring great results!

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copywrite Chris Carroll – All rights reserved

Orders Rule

Category : Direct Sales Work at Home Business Tips, Home Party Plan Tips

I was thinking the other day as I answered a post on a network about how we do orders in our business. We have a customer call us or we are at a party and sitting down with a customer to add up their invoice.

People are in line waiting to get to you to help them.  Or at home, the kids are crying and the other phone is ringing. Do you really take the time to upsell your customer?  Do you ask for additional sales?

When you go the Micky D’s, they annoy the heck out of us by asking if we want 2 hot Apple Pies for a $1. But did you ever stop and think how many people each day say yes?  Even if it is only 20 out of the hundreds that they ask at a particular store, that is 40 more pies they sell. That is $20 more bucks they add into their pockets and over the course of a month and year, that is big “bucks”.

Are you an Order Taker, like your waitress was today or are you an Order Maker and increase your customers sales with add on items that compliment their purchases.

If you ask each customer about adding one $5 or $10 item (depending on your line) today, how many more “bucks” can you add into your pocket?

Chris

DirectSalesTalk