Here Comes the MLM Boom!
Monday, August 29th, 2011It’s that time of year! MLM and Home Party companies are gathering around the country in conferences and conventions. As summer vacations come to a close, MLM and Home Party reps are once again open for business!
MLM and Home Party businesses have fared well during the recession, and September through November are traditionally peak enrolling and selling months of the year. It’s also the time of year when people begin to stay home and socialize there, rather than going out and spending more money. In 2009, retail sales fell around 9 percent, according to DSA’s statistics; direct sales fell as well, but only by 4 percent. In 2010, direct sales actually rose slightly, from $28.33 billion to $28.56 billion.
“During a recession, people are spending money, but they’re spending it a little bit differently,” says Amy Robinson, Vice President of Communications for the Direct Selling Association. “A woman who maybe buys a $200 suit every season may decide to buy a $25 necklace to accessorize what she already has.”
At the height of the recession from 2008 to 2009, the number of direct sellers jumped from 15.1 million to 16.1 million, before adjusting to 15.8 million sellers last year. It’s still a powerful indicator of the strength of direct selling. Direct selling companies are always hiring! Startup kits range anywhere from $19 to $199, and a person can get started immediately when the idea sparks their imagination and dreams.
At LaunchSmart, we have seen a steep increase in the number and frequency of visitors and inquiries at our website. People want to know what it takes to start a company, bounce their ideas against our executive sounding board, and take advantage of all of our resources that have been created to help them start and successfully operate a MLM or home party / party plan company.
