If you’re looking for a home based business, you might have come across some that are “party plan” based. In a party plan business, your primary way of marketing the product is to hold home parties where you invite people into your home to demonstrate and sample the product. A variation on this is inviting people to a meeting location outside the home to demonstrate and sample the products.
A key aspect of a party plan home business is that marketing and product sales are made primarily by live demonstration and sampling. Therefore the product line in the party plan business must have some “wow” factors and must make a compelling impact. They should also be fun and enjoyable to use so that they are effective in live demonstrations. For this reason, skin care products are very popular in party plan businesses.
For a variety of reasons, party plan products are generally products that appeal to women; and women seem to have the best success in this type of business. It’s also great for married couples as long as both partners can be passionate about the products.
To successfully build this type of business, you must be comfortable speaking in front of others (usually strangers) and giving live demonstrations. It’s a form of public speaking but not quite as intimidating as getting up on a stage in front of a large group of people. Party plan meetings tend to be smaller and more intimate.
You must also be willing to buy and store some of the product and then be able to write off a certain percentage of it used in sampling and demonstration. This can be a significant expense and you must make sure you can absorb it – hopefully by getting sales from your party meetings!
Some examples of Party Plan home based businesses? You probably heard of these: Avon, Mary Kay, Mia Bella, Melaleuca to name a few. If you like the idea of demonstrating fun to use and high quality products, you might be interested in a party plan home based business.