subject: Scentsy Review - Company Overview, Products and Compensation [print this page] Scentsy Review - Company Overview, Products and Compensation
In this Scentsy Review, we will look at the company overview, the products they sell and the compensation plan so you can decide if this opportunity is right for you.
Who are they?
Scentsy was first create in 2003 by Colette Gunnell and Kara Egan and bought out by Orville Thompson in 2004. They are the makers of wickless candles and have seen soaring success in recent years. Currently they are growing at a rate of 300% of year. In 2009, they received the Rising Star Award from the Direct Selling Organization. This award it given to companies committed to ethical business practices and growth.
What do they sell?
Next in our Scentsy Review, let's discuss the product. This company offers a unique product, a line of aromatic candles and warmers. These candles are flameless, using the heat of a light bulb instead of a wick and flame. The price of the warmers and scented bricks range from $3-35. They have also created a line of air fresheners, room sprays and travel tins. Products are available through the company website, home parties and independent sales representatives.
What does the compensation plan look like?
When you become a consultant you earn 20% commission from your sales and 25% when you reach over $1,000. You can earn up to 30% commission and 9% bonuses as you recruit others into your business.
The main way products are sold is through home parties. Let's take a closer look at the numbers. Lets say at a home party, your average sale is $50. And lets say your total sales are over $1,000 so you are earning 25% commission. Your net profit on that $50 at 25% would be $12.50. To profit $1,000 you would need to make 80 sales. In order to make serious profit with the business, you must sell alot of product and have a very large downline.
The solution
Next in our Scentsy review we will look at the solution. Scentsy allows their consultants to have an internet presence, which in my opinion is a must for direct selling business today. They do not allow selling on auctions sites such as ebay, but allow you to operate your own website.
The solution for Scentsy consultants is to create an online presence and marketing your product online. There are many free or low cost marketing options to immediately see results in your business. I would recommend an online marketing training school to mentor and coach you on proven online marketing techniques.
Next go to Scentsy Review to get more training on the techniques to market your Scentsy Business online or to have an online business that can profit you more than $1,000 for a single transaction. Fill in the box to the right and watch the videos in step #3 to receive more information on how to promote your business online.
