The success of all direct selling companies depends on the performance of their new independent representatives. What can companies do to help their reps off to a good start? One of the answers is a Fast Start Program.
While network marketing and party plan direct selling companies have much in common when it comes to Fast Start Programs, the words “Fast Start” mean something quite different.
Watch our video to learn more about Fast Start Programs.
Fast Start Programs for Network Marketing Companies
To network marketing companies, the words “Fast Start” mean “make a specific purchase.”
At the time of enrollment, network marketing companies may offer a Fast Start Product Pack upon which Fast Start compensation is paid. To be eligible to be paid Fast Start compensation, you must purchase a Fast Start Product Pack or generate enough personal sales volume from orders placed by you or your personally enrolled customers.
Fast Start Programs for Party Plan Companies
Because selling is a key behavior for party plan representatives, to party plan companies the words “Fast Start” mean “sell a specific amount.”
From the date of enrollment for a specific period of time, new representatives can accumulate sales volume upon which they can earn free products or other rewards. The upline may be paid differently on this first volume of new representatives.
Conclusion
The most successful direct selling companies have high rates of Fast Start Program participation. A Fast Start Program is one of the important elements in a great compensation plan.
For help with yours, contact the Fast Start and compensation plan experts at Sylvina Consulting at 503.244.8787.
Jay Leisner, the President of Sylvina Consulting, is a top compensation plan and direct selling expert, a trusted adviser to new and established network marketing and party plan companies. For more than 30 years, Jay has enjoyed assessing and improving network marketing, party plan and referral marketing companies across the globe.
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