Customer Characteristics Within most MLM companies, the sales representative is the customer.
In these companies, generally there is very little retailing of product to non-participants.
If your products sell best when they are demonstrated or explained, a home party plan format may be a good fit for you.
However, if in an average group of potential customers less than 80% will buy at least one item, then the home party plan format may not work well for you.
By Jay Leisner, Sylvina Consulting As business consultants, we are often asked about the differences between network marketing companies (also known as MLM companies) and home party plan companies.
Home Party Plan Business Assignment The World
Both types of companies have independent sales representatives who earn commissions on personal sales and bonuses on the sales of others.
For anyone working from home or looking for a side business, becoming a consultant for one of these home party businesses is an option, as coordinating a few of these parties a week can result in several hundred dollars a month.
However, it’s a good idea to reach out to family and friends to gauge their interest in these products you commit to purchasing a consultant start-up kit.
But, like any money-making opportunity, there are plenty of home party scams out there.
In this article we’ve compiled some of the best opportunities to make money with reputable home party companies.