Party Plan Businesses

Party Plan Businesses-66
There are many different types of business models to use when starting a home business.One of the most successful models is the home party plan.

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Purse parties that are not done through a dedicated program by the manufacturer differ, however, from these other parties in that the merchandise at these parties often consists of counterfeit knock-offs of popular, name-brand purses.

Merchandise at American purse parties is usually bought in bulk from smugglers in New York's Chinatown or in Los Angeles' garment district and sold to unsuspecting customers at a significantly higher price, although still lower than the retail price of the legitimate product.

It is no surprise that many companies began with home party selling.

What do you call those re-usable plastic storage containers in your kitchen drawer?

Yes, you call them Tupperware – but that’s the company name, not their actual name.

Tupperware became so popular that we now know the products by the business name.These contractors are often referred to as consultants.This type of business is also known as direct sales.Direct selling through the party plan typically uses multi-level marketing (salesperson is paid for selling and for sales made by people he recruits or sponsors) rather than single-level marketing (salesperson is paid only for the sales he makes himself).In this system, representatives of the sales organization, almost invariably women, approach other women about hosting a social event in their homes during which a product will be demonstrated and offered for sale to guests.Deb Bixler retired from the corporate world in 2000 to enjoy life as an entrepreneur.In the first nine months as a home party direct seller, she built a home business and sales team, which provided her with an income capable of replacing her corporate business salary of ,000 per year.Deb was recognized in 20 as a Direct Sales Power 50 as one of the most influential people in direct sales worldwide and received the 2011 Direct Selling Women’s Alliance Speaker of the Year Award.The party plan is a method of marketing products by hosting what is presented as a social event at which products will be offered for sale. The primary system for generating sales leads for home party plan sales is the home party itself: the salesperson uses the home party business model as a source for future business by asking attendees if they would like to host selling parties, too.All that name recognition from a home party business!In its most basic form, the home party plan business is a method of product distribution through independent contractors.

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