Online Vendor Parties

Picture a Tupperware Party.

Now picture a Chat Room.

Combine them.

You have a Vendor Party.

Online Parties are held in chat rooms at various websites across the net.

Typically, vendors will pay for a half-hour time slot to showcase their products, sales, and/or business opportunity.

A few sites give vendors a full hour.

Payments for parties range from $1 to as high as $20, though most sites are $2-3.

Parties are held on a varied schedule depending on the Online Vendor Parties site. Some are weekly, others monthly, and a few, seasonal.

Some sites will require you to donate a prize.

The prizes are awarded one of three ways:
–You personally give your prize away to one of the guests at your party.
–Your prize is donated to the site’s Prize Vault to be used for contests
–The prize will be donated to the Prize Vault as a bonus for anyone who makes a purchase at the entire party

Even if you are not required to donate a prize, make sure that you offer your guests a sample or incentive for on or more of the following:
–Attending
–Inviting a guest
–Purchasing from you
–Requesting more info about your opportunity (put them on your autoresponder list)

You can conduct your party in any way that you’d like.

Party Tips

Here are a few tips:
Be prepared.

It’s good to know what you are going to say or the information you intend to cover ahead of time.

Some people choose to work off a script that they write ahead of time, and simply copy/paste it into chat.

Know your product.
Know all about your product and the opportunity so that you are able to answer questions when they arise.

If you do not know the answer to a question, don’t worry about it!

Simply tell the person that you are unsure, and get their email address.

Ask your sponsor or upline your question and GET BACK to the person who asked it.

Follow up is the key here!

Be flexible.
Sometimes your party will go in a different path than you intended. That’s OK! Sometimes you will have questions, which direct you away from your plan, sometimes party goers will comment on products.

Be prepared to completely abandon your plan and go in the direction the party is leading you.

Offer something different.
Many of the party goers have seen a similar presentation to yours before. Make sure you offer something different. You can try one of the following:
–Offer free samples
–Play a game for a free prize
–Offer a free item to anyone who attends an opportunity call
–Offer a free item for joining your company under you TODAY
–Offer a special

PLEASE NOTE: Do not get into the habit of discounting your items.

If you continually do this, no only will your customers come to expect a discount on a regular basis, but it will undermine the value of your product.

If you continuously give your consultant discount away, not only will you make no money, but your products will seem over priced.

Switch it up.
If you are finding the same people in multiple parties that you do, switch things around a little to hold their attention. Offer different incentives, talk about different products.

Have fun!
Your enthusiasm is what sells your product and your opportunity. Even in a chat room, others can tell when you are excited about something. Let it show!

Repeat Your Site:
When you are doing your party, it is very important that you repeat your url to your website over and over again in the chat room. Rule of thumb: it should always show. If chat has bumped it off the screen, retype it again.

A few words to the wise:
Unlike an in-home party, it is not the unspoken rule that all attending guests purchase something. In fact, it is a rare order you will see from an online vendor party.

So why do them?

You do them, more than anything, to get your name out there. You want everyone in your cyber circles to know that you are involved with xyz company.

People have to see an opportunity 6-8 times, on average, before they purchase. When they are ready for xyz, they will know to come to you.

Follow up.

Make sure that you follow up with the contact info you get from people at your online parties. Put them on an autoresponder for your sales and/or opportunity messages. Again, it takes, on average, 6-8 exposures before someone is ready to purchase. Don’t give up on them!

If this sounds like something you would be interested in doing, I encourage you to check out the Online Vendor Parties options at the following vendor party sites. Before you sign up for one, sit in on a vendor fair or two so that you can get the feel for it.

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