Direct Selling for Wealth: How to Earn Your First $1 Million in Direct Selling

Author: (USA) Clayton Christensen
Publisher:
Publish Date: 2006-09-01
Features: Do you have a worry-free life? Are your children receiving a good education? Do you hope to live a comfortable and prosperous retirement life? To win the future, you need a million in wealth; to win the future, the key lies in determining where to start. For sales, party planning, recruitment, and training, the new, hot secrets and techniques will help you build a million-dollar business! Most people underestimate their need for wealth; in fact, a person needs at least the wealth of three houses in their lifetime to meet their needs for housing, children's education, and retirement. For those who want to arrange their own daily schedule and choose their own work partners, starting a direct selling business is the best choice to achieve their life dreams. This book is an invaluable tool for both beginners and experienced direct sellers, discussing true marketing techniques and revealing the concepts and strategies of success, allowing you to stay ahead from the start. When you choose a suitable company, create a detailed business plan, and win the dream of a million in wealth, Direct Selling to Wealth will give you an advantage in the competition. Get ready to join the 30 million elite around the world who are striving in the direct selling team! World Direct Selling Alliance Gold Medal Training Course! It tells you how to earn a million in direct selling! Do you have a worry-free life? Are your children receiving a good education? Do you hope to live a comfortable and prosperous retirement life? Most people underestimate their need for wealth; in fact, a person needs at least the wealth of three houses in their lifetime to meet their needs for housing, children's education, and retirement. For those who want to arrange their own daily schedule and choose their own work partners, starting a direct selling business is the best choice to achieve their life dreams. This book is an invaluable tool for both beginners and experienced direct sellers, discussing true marketing techniques and revealing the concepts and strategies of success, allowing you to stay ahead from the start. Compensation planning must confirm that the compensation plan is suitable for your needs. This plan is the foundation of your continuous income. Study this plan carefully until you fully understand it. When you plan to recruit and launch new members, you also want to clearly explain this plan to potential team members and make them excited. Is the plan simple? The simpler it is, the easier it is for you and those you recruit to understand and explain it to others. When everything you do is simple and can be replicated, your successful direct selling business will continue to grow. In this plan, the commission you receive is based on the price you purchase or the price you sell? The difference between the two is very clear. Suppose the commission rate is 40%, which sounds attractive, but if it is only 40% of the wholesale price compared to 25% of the retail price, it is not as appealing. If the retail price is twice the wholesale price, then this 40% is actually halved, only equivalent to 20% of the selling price. I remember when I first sold products for a direct selling company, I was constantly calculating: "For every $500 I sell, I get a 40% commission, earning $200!" But by the end of the month, the check I received was not as much, and I was so disappointed. That 40% was only 40% of the wholesale price. You must make sure to understand what the commission is based on. If you plan to work part-time, ask yourself: Is this commission enough to cover my expenses? Is it attractive to the people I recruit? If people don’t earn enough money in the first few months of building their business, they are easily discouraged and may leave direct selling. In some plans, you need to reach a high level to earn attractive income. This may make a highly talented person lose confidence, as they may not see their potential realized if they don’t give the opportunity enough time. In other plans, you need to reach a high level of personal activity to earn substantial money from your downline partners. Look at whether there are any restrictions on the number of people you can develop, or what level of width (i.e., the number of people you personally develop) you must reach before you can benefit from your organization’s depth (i.e., people recruited by your downline). Some plans operate on a fractional system, which requires time to learn and understand them. Make sure you fully understand every different type of plan so that when you choose a company, you can "compare apples to oranges." When you learn how the company will pay you commissions and bonuses, you may encounter many new terms, such as average order value, reward points, bonus amount, organization bonus, infinite downline commission plan, leadership bonus, agent commission, personal volume, seminar qualification, training bonus, and sales volume. The compensation plan itself has many different names—salary plan, commission plan, business plan, marketing plan, and so on. These unique direct selling terms often confuse newcomers. Keep asking questions whenever you are unsure until you have a clear understanding of how the plan works. Ask for examples and also