Monday, September 22, 2014

Overwhelmed? Don't stress!

I know a consultant who is about to lose her consultant status, simply because she became overwhelmed with her business, and did not reach out to get help.  My heart aches for her, because I know she loves her business and wants to do well at it.

Have you ever felt like, you can't keep up in the race? That the demands of direct sales are  too high? Too competitive? Or simply, just too hard to comprehend? I want to let you know, that- you do NOT have to keep up with everyone else. Think about why you joined the company, what did you love about it? What intrigued you, inspired you?  Let's go back to that. Let's keep that in mind daily.  It's absolutely OKAY not to make a million dollars in direct sales. It's okay, if you just want to make a little cash, or even no cash. I'm going to give you a situation based on the company I am in, on how to make a little profit, without carrying a large inventory and getting completely overwhelmed.

We are going to start with our $299 starter kit, which has 120 pieces of sell-able inventory. Let's say, you just love doing this business, you've maybe hosted several successful parties and wanted in on the action, to get a little extra spending cash for yourself. Maybe, you just want to keep you're cell phone on each month, or pay one bill, or treat your honey to a date night.  So the goal here is not to sell out your entire inventory, but rather, maintain it and make a profit, right?

So, you invest in your business with a kit, and get yourself 120 pieces. The next week, you learn about a program that will automatically withdraw funds, and ship you 25 pieces (and two free pieces) of inventory each month. These are super cool items, that will automatically keep you active each month for commissions (in case you accidentally build a team), and in turn will keep your consultant status free from jeopardy each year. You realize this is a fantastic deal, and will be worth the investment each month, and you sign up for this amazing offer.

So here is your goal: Sell 27 pieces in the first 18 days of each month. On the 20th, your new 27 pieces of inventory will be billed to you and shipped. So, here's the deal, how are you making money?

In reality, based on your 45% profit margin, you only need to sell around 18 pieces to cover the cost of the new 27 you will get. When you sell 18 pieces, put that money into your business account, and leave it alone. The last 9 you sell, will be your profit. ($5 price point) Around, $45 a month.

$45 a month will pay for these things based on where I live:
My cell phone
2 months of water bills
Car Insurance each month
Garbage and Water bill each month
A night out with my family, dinner included
A mani/pedi
3/4 of a tank of gas
A weeks worth of groceries for 2 people
A new haircut, and lunch with a friend

Now wait a minute, you can get even more profit with this deal, with just a little more effort, and absolutely zero investment. 20 of the 25 pieces you just got in your monthly shipment, will be available to order online for your customers, after the 1st of the following month. So, say you take your pieces to work with you, and sell them. You have pictures of your items you just sold, that you can show off like a catalog all month long, if you show them off to your friends, and family and co-workers and encourage them to order online, you will begin to get a regular commission check! That is even more profit for you!  In the video below, I briefly talk about how to make your Fashion Fix into a "catalog" type book.



You will be able to maintain your 120 pieces of inventory, and be able to rotate pieces out every month, keeping your stress level at a minimum and your profits, while not in the millions, very useful!

I would recommend, to get a cute bag, and carry your inventory with you always. If you sell more than 27 pieces, that's fantastic! You will be able to place an additional order, to replace those sold pieces.




If you are very busy, and don't find that you have time for parties and events, this method will work wonders for you. It's a little extra cash, without the expense of big displays, event fees or the cost of building a large inventory. But, you can clearly see the benefit of this!

If you do want to build your inventory, you could simply do this, slowly and diligently- by simply promoting the online sales, and using that profit to purchase additional inventory each month, rather than an extra profit. You can do this as many or as few times as you are comfortable with.

If you have found this article helpful, please share it with your friends!

5 comments:

  1. Great article very encouraging. BTW I love the bag where did you have it made?

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  2. The pink zebra bag was a special I found online a few years ago, I can't remember what site it was.

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  3. This article is very helpful. I am a Consultant since Mar. 2014. I started carrying around bag #2 and I have it out now for a basket party. I got caught up in what everyone else was doing and feeling bad about not being able to afford event fees and all the cool displays.

    You just showed me an simple way to start. Thanks for bringing me down to earth.

    Tiashaun

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    1. Tiashaun- I am so glad this was helpful for you! I don't know why this comment took so long for me to find! I hope that you are still doing well!

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    2. Tiashaun- I am so glad this was helpful for you! I don't know why this comment took so long for me to find! I hope that you are still doing well!

      Delete