Sunday, February 19, 2012

Earning Potential

A Director has put this together so we can get a visual of how much we can earn at different stages of our Scentsy Journey. I thank her so much for her hard work and knowledge.
o Do you have a goal in mind of how much you'd like to earn each month with your Scentsy business? If you are unsure of what you need to get you there, keep reading to see a potential write up of what you can earn
and how you go about doing it!

If you have a goal to earn $500 a month selling Scentsy there are a few ways you can go about doing that. With a party average of $500/each, you would need to have 4 parties in a month with an average of $500/each to earn $500 in commissions. If you sell $2000 in a month you earn 30% commission, therefore your reached your goal, your commission is $600 for the month, congratulations!

You will have parties
that are more than $500 and some that are less. The key is to coach your hostesses, have them right wishlists of what they want to receive for free and how they go about reaching that goal. Have them write up a list of everyone they know and have them invite, invite, invite! The more they are excited about their party, the better their turnout and sales will be! In turn work on booking more shows from their party, offer your hostess an incentive to have her friends/family book from you (you choose what you want to offer).

You can also look into local vendor events, if you are unable to find any, start your own! Find a venue
local to you, a restaurant that has a banquet room, a bar that has a back room, a church, community center/hall. Find other direct selling vendors that would be interested in doing this with you, charge say $30/table and that money will go towards the cost to rent the location, advertising and flyers. Advertise your event often, an encourage all vendors that are included to do the same. These events are GREAT ways to get your name out there, meet new contacts/recruit, gain bookings and even some sales.
o Now lets look at a breakdown of how building a team below you can really benefit you financially month after month. In each of these examples, i'll use your monthly sales
of $500 as an example each month. Each of the examples below will assume the bonus of having EC/CC downline ranks for bonus purposes. In the back of each of our catalogs there is a chart that will show you the compensation plan for Scentsy.

Example 1.
Your Title: Lead Consultant (2% personal sales bonus)
Requirements to earn pay as a lead consultant:
$500 in Personal Sales (PRV)
1 Active Frontline (1 direct recruit on your team that sells at least $150 in that month)
$1000 GWV (Group Wholesale Volume)-This means that between your own PRV and your active frontlines sales you must combined sell at least $1000 in GWV (which is 25% less than your combined PRVS together).
Compensation Plan Breakdown
$500 PRV and
$1000 GWV total monthly compensation: $155

Your Title: Star Consultant (4% personal sales bonus)
$500 in Personal Sales (PRV)
2 Active Frontline (at least 2 direct recruits must sell at least $150 this month)
$2500 GWV
Compensation Plan Breakdown
$500 PRV and $2500 GWV total monthly compensation: $245.00
o Your Title: SuperStar Consultant (7% personal sales bonus)
$500 in Personal sales (PRV)
3 Active Frontline (at least 3
direct recruits must sell at least $150 this month)
$6000 GWV
Compensation Plan Breakdown
$500 PRV and $6000 GWV total monthly compensation: $580.00
$1000 PRV and $6000 GWV total monthly compensation $740.00
$2000 PRV and $6000 GWV total monthly compensation $1160.00

Your Title: Director (9% personal sales bonus)
$500 in Personal Sales (PRV)
3 Active Frontline
$10000 GWV
Compensation Plan Breakdown
$500 PRV and $10,000 GWV total monthly compensation: $1070.00
$1000 PRV and $10,000 GWV total monthly compensation: $1240.00
$2000 PRV and $10,000 GWV total monthly compensation: $1680.00

3 comments:

  1. This may get windy....When I first started my goal was to have $150 order to count as party so I could get the free and half price stuff.
    Then...500 so I could earn the 10 warmers for $200. Made both of those goals.
    Then I wanted $5000 by my 70 day mark..I only made level 2 with $2500 but it was enough to get me the 5% bonus for the first time (for $2000 in sales for a month)and a bracelet with a star charm. After that my goal is to sell $2000 every month..I like 30% commission alot. I made Star consultant last month (thank each of you for your help) because we had 2500 gwv that is our group wholesale volume and I sold a min. of $500 myself and had 2 active recuits...that means 2 of you sold over $150 last month. My goal now is of course to sell $2000 myself but to help each of you also sell at least $1000. If We all reach my goal in one month...that will promote me to Super Star Consultant. If I reach my goal each of you should be reaching a goal also. Let's help each other move up the ladder. I would like each of you to look on page 51 in our book and see what it will take to promote you in March. I want to help each of you promote so we all get paid well.
    This is my journey so far started Aug.31,2011
    promoted to Certified Cons Sept. 30, 2011 promoted to Lead Consultant Nov. 30, 2011 Promoted to Star Consultant Jan. 31, 2012
    Let's each post what it will take to promote us.

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  2. Kim needs 3 active frontline and Group Wholesale Volume of $6000. I really think this is going to happen with all the new items we have to offer. How I feel we can reach this goal...each of us have to have at least 3 book parties ($1200 ave) That would get us there. I am using $400 as an average book party. If you coach your hostess well they will get those numbers for you and they will be super happy with their rewards.

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  3. I forgot to put that that would give me the title of Super Star Consultant

    ReplyDelete