According to a survey by the Direct Selling Association, 79 percent of business owners see direct selling as an attractive option for entrepreneurial opportunities. A Statista survey also shows that almost 1.4 billion U.S. dollars of the direct selling industry's retail sales were generated in the Philippines, which significantly increased from 2013 to 2018. Amid these challenges, direct selling is certainly one of the best options and a great way to earn money while having a good home-life balance and in a flexible schedule.
The current global health crisis has caused countless people to lose their jobs and struggle financially, especially that they cannot leave their homes due to lockdowns or fear of contracting the virus.
Amid these challenges, there are still ways you can earn while staying at home. And, for those who are business-minded, direct selling is certainly one of the best options.
As a form of a business strategy, direct selling allows you to directly sell to customers
without the need for a middleman in a non-retail environment. It is also a
classic work-at-home business and a great way to earn extra money while having
a good home-life balance and a flexible schedule.
According to a survey by the Direct Selling Association, 79 percent of business
owners see direct selling as an attractive option for entrepreneurial
opportunities. A Statista survey also shows that almost 1.4
billion U.S. dollars of the direct selling industry's retail sales were
generated in the Philippines, which significantly increased from 2013 to 2018.
How does Direct Selling work?
Direct-Selling businesses typically use the Multi-Level Marketing (MLM) model, where distributors can directly sell to customers and build their own independent sales force. It can either be by recruiting, training, or motivating others to distribute the same products and services.
Selling the products are usually done through one-on-one contact, but it can also take place via phone, in a customer’s home or office, social media, or on the Internet. So, embarking on this business is a good opportunity for you to have a good source of income, amid the health crisis.
What do you
want in Direct Selling?
Understanding
how direct selling works is one important thing but, being the one doing it is
different. Direct selling is not an instant millionaire business. It will take
passion and hard work to achieve success in this field. While some do it
full-time, others only do it as a means of secondary income—this is one of the
first things you need to determine.
Is it going
to be a full-time job with future business plans or just a way to earn a little
cash without committing a large amount of time to it? What would be your main
motivation for being a direct seller?
There are no
wrong answers to these questions but, you need to know first why you are
embarking on this business. Your answer will help you determine your plans and
overall goals.
Direct
Selling is a good start to train your skills in sales, because of the low
initial investment and positive support of the people around you. Eventually,
you will also know that it is an exciting and sustainable business that can
help you achieve success.
What products
to sell?
Choosing a
product is not a big issue since direct sellers also usually like and use the
products they sell. However, as a seller, you need to understand what the
product is, including its components, ingredients, benefits, etc., before
selling them.
The product’s
quality is incredibly important to create a base of repeat customers and, the
same goes whether the product is consumable or not. Another setter for the
product is how you, as a seller, think about the product’s quality. Do you use
the products you sell? Is it effective?
Another
factor is the relevance of the product. It also pays to know what customers
currently demand. With the present health crisis, people need essential goods
like food, as well as health and wellness products that can help them boost
their immune system.
What are the
costs and compensation?
There are
three types of compensation plans that direct sellers or business owners may
consider for their business:
- Unilevel
– Recruitment is prioritized, but the
sellers and recruits cannot break away from their upline to create their
own downline.
- Stairstep
– Recruits can eventually break away from the downline when they reach a predetermined number of downline distributors of their own. This plan emphasizes sales over recruitment.
- Binary
– This plan is limited to two distributors: the ones at the of the downline and sales volume in the downline. Typically,
these plans have weekly payouts.
Business
owners also need to determine the other costs they need for starter kits for
the recruits, commission structure, monthly maintenance fees, and the possible
limitations of the amount of inventory at their disposal.
How to reach
customers?
Finally,
business owners need to find ways to reach their product’s target audience. It
is important to create a customer base that will help you reach more buyers and
build a network of recruits to join the seller’s downline.
With today’s
digital tools, direct sellers can now create a website or a social media page
in addition to the old ways of reaching customers. It will help build a network
of go-to-customers and expand the business, as well.
Connect to
sell
Direct
selling has had a bad reputation in the past, nothing more than a pyramid
scheme. However, there are still companies with integrity out there that
utilize this effective business model to sell products and care for their
direct sellers as true business owners and partners—this is what Santé is all
about.
Amid the
current global health crisis, we know that some lost their livelihood. And so,
as an active player in the distribution and direct selling industry, Santé will
always be dedicated to helping uplift lives by providing opportunities for
those who want to jumpstart a direct selling business.
At Santé, the grass is always greener. Our premier organic health and wellness products and
services are designed to help people live more and do more. The company has
developed a comprehensive selection of everyday barley-based products, with
Santé Barley, as our flagship product.
Barley grass
is an effective antioxidant, rich in vitamins and minerals that help keep your
immune system functioning optimally. It also detoxifies the body and aids in
maintaining digestive health. Our products are also made, specifically, with
organic pure barley, as certified by BioGro, New Zealand’s leading organic
certification agency.
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