Private Quarters are a direct sales company that providing something pretty unique to the industry and that is high quality bed and bath linens, such as towels, duvets, sheets, pillows etc.... Not something often seen in this industry.
Private Quarters was originally founded in 2004 by entrepreneurs Jeff Stroud and Wayne Selness. You would have thought that a company like this may have suffered in terms of growth, simply because of the ongoing financial difficulties happening around the globe. But despite this they have shown a positive growth trend and are becoming more profitable each year.
They operate from a 50,000 square foot production plant in California and are attracting many leaders nationwide.
In order to successfully sell these products you will be heading down the more traditional referral marketing route, as you would expect. Simply due to the nature of these products people want to see and feel them. It's unlikely you can set up a website and make a lot of sales, this really is going to work better with the more personal and traditional touch.
The company is very big on home parties as the selling method. In fact it's the only method they mention on their website, they also say that they will give you free products on purchases to help you along with your home parties.
When it comes to average earnings, Private Quarters is actually at the stop of the stack. Figures show that 2 home parties a week should net you around $2.5K. For doing 2 presentations I'd say that was well worth it.
As all orders are shipped by PQ you don't need to worry about storing products yourself, making the whole deal a lot more convenient.
How will you be paid?
There is an opportunity to earn retail income (40%) and also residual from your teams efforts (11%). Obviously there is some potential here for residual income if you can recruit enough people under you. The company also offers cash and generational bonuses for those who qualify at Director levels or above. They also offer 2 trips each year for those that want to take advantage.
The entry into the business will cost $199, you will then receive your starter kit which comprises products, CD's order forms etc... Basically you will get everything you need to get up and running with your first home party. The company will also give you a personalised website so that customers can order directly online. Again you will get up to 40% override on orders.
If you are into this type of product and also don't mind doing home parties then you can do well with this. What you can do though is make use of the online world to generate a large amount of leads for your business and find others that will be interested in starting their own PQ business.
If you're just relying on your immediate warm market, then a problem which might occur is that you run out of people to talk to! By following a proven, simple strategy you can eliminate this problem, by effectively increasing your warm market on a daily basis, allowing you unlimited success.
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