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The Scentsy Opportunity – Do Not Join Until You Read This
Did someone just invite you to join Scentsy to earn some extra income? Is this a real opportunity? I would like to give you an overview of this business and its opportunity and some advice on what you will need to achieve your financial goals.
1. Scentsy, a direct selling MLM company
Scentsy was founded in 2004, based in Meridian, Idaho. The company sells different types of wickless scented candles, with candle warmers, which work more safely than regular burning candles.
Candle warmers simply release highly fragrant fragrances into the wax, without creating the fire hazard associated with lighting a candle.
Scentsy is a direct selling company with an MLM compensation model. As an independent consultant, you will sell the product directly to customers. You will be rewarded with commissions based on your personal sales volume. Leadership bonuses are also paid to team/group leaders who have built consultant teams, and these bonuses become the residual income.
2. How do I join Scentsy as a Consultant?
You will need to purchase a US$99 starter kit, which includes selected party scent testers, demo products and a good range of business supplies such as party/training DVDs, brochures, business cards , etc.
You will then need to keep your membership active by maintaining a Personal Sales Volume (PSV) of $150 every 3 months.
To receive online orders, you can also subscribe to a replicated website/online store for $10/month.
3. Remuneration plan
Your commission will start from 20% of your PRV, which is the amount you sold. Once you reach the PRV of $1,000, the company will start paying you 25% of your next sales. When building a team of consultants, you will also receive 2-9% of the group’s wholesale volume.
4. Marketing strategy based on the party plan
Scentsy used the party plan as its primary marketing strategy, although it allowed its independent consultants to decide their own marketing approach. Many successful consultants have benefited from using a party plan marketing strategy. The downside of the party plan is that it takes a lot of time and manual effort to organize and follow. On the other hand, many successful Scentsy Consultants also take advantage of online automated tools and systems, which more effectively market their products and services.
5. Cheap products
Scentsy products are inexpensive, which reduces consumer objection to purchase. Ironically, this means you would need to sell a lot of them to earn a significant commission.
6. What commission income are we talking about here?
Just for an example, here is what you need to make a commission of $1000:
A Sampler Multi Pack costs $105, your commission will be 20% at $21.
For the first 10 sales, you will receive $210.
You will receive $813.75 for the next 31 sales.
In total, you will receive $1023.75 for the sale of 41 sets of Sampler Multi Pack.
To achieve this, you can invite 5 new friends to a Scentsy party, host 8 parties in a month, and sell each of your friends 1 sample pack each party.
Although it may seem easy, you will need a lot of commitment, networking and time. The good news is that Scentsy doesn’t stop you from marketing online to take advantage of advanced tools and strategies to promote your products and services. However, what Scentsy doesn’t provide is a marketing system that will help you generate new leads and convert those leads into customers or freelance consultants.
A good marketing system is one that will help you drive massive traffic and generate lots of leads for you, and turn those leads into paying customers for affiliate products, even if they don’t buy from you.
If you really want to learn how to market successfully online, visit the link below to access this information:
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