Successful conference calls truly are great because they produce wondrous results. Participants not only learn important information, but also get motivated to do something positive for their businesses afterwards.
Leadership Development
What is a Leader?
In general terms, a leader is a person who has personally enrolled “so many” others and who is active in the business by meeting or exceeding the minimum personal and group volume requirements of the company’s compensation plan.
It would be great if everyone who joined a direct selling company became a leader. Unfortunately, this doesn’t happen. Instead, leaders comprise a small but important minority, usually 5-15% of a sales force.
Selecting Your Software Partner
Written by Todd Tolman, Prodigix Software.
Choosing the right software partner is critical to your success as a direct selling company. There are many things to consider, but here are the most important things to keep in mind during your search:
- Budget – how much money do you available for technology?
- Product/Service Needs – what are your specific needs in marketing and delivering your product/service?
- Support – how responsive to your questions and needs is your software provider?
What Is A Pyramid Scheme?
Pyramid schemes are clearly illegal, but what exactly is a pyramid and what is not?
In the United States, the Federal Trade Commission is one of the governmental bodies that has the power to shut down pyramids. According to the FTC, one sign of a pyramid scheme is if distributors sell more product to other distributors than they do to the public. Another sign of a pyramid scheme is if the money you make depends more on recruiting — getting new distributors to pay for the right to participate in the plan — than on sales to the public.
Your Competition: Who Are They?
In life, we all compete to win. In business, winning means getting the sale. As a direct selling company, you are competing with others. You’re competing for independent representatives and you’re competing for customers. The first step in competing well is to identify your competition. Next, you can develop strategies to win.
Ask Victoria: Why Don’t We Pay Hostesses?
Hostess rewards programs are an important element of party plan companies. These programs reward people who invite friends and acquaintances to their homes who purchase products or services from a consultant. Most often, rewards are free and discounted products.
Have you ever wondered why we don’t just pay hostesses money?