What is a Party Plan?
Party plan is a type of MLM plan that promotes or market the products through the social events like the home-based party.
And on social events, the products are displayed for sales.
The two terms that have its role in this particular plan are – Host and Guest or say, Consultant – Referrals! The consultant who hosts a party invites friends, family and more people as guests for various social gatherings/events.
The host will display an array of products and promotes it through these social events. We shall categorize this plan in direct selling business as well as referral marketing.
This Plan is a type of MLM plan that promotes or market the products through the social events like the home-based party. And on social events, the products are displayed for sales.
How Does party plan works?
- The process of this plan is simple as that; this plan company meets a consultant who hosts a party.
- And in this party she displays the company products and by means of little presentation.
- With this potential presentation, the consultant convinces the guests and makes the selling.
- Usually, the plan is suitable for women who are into direct selling business.
- Nowadays men are also becoming a part of such strategies.
- The guests who are happy with the product buy it and once the payment is done via credit cards or any other way the product selling is done! The host will receive commission or compensation for this successful part. That’s why we can call this as a direct selling business.
- Well, the potential guests can also earn such commissions by becoming an independent consultant.
- By this way, we can categorize the plan into the next chapter i.e., “referral marketing”.
- With the help of Epixel version mlm software of this plan, you could potentially manage, control and organize all these processes easily.