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2017 DSA Companies in Focus

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Direct Selling Association-USA  2017 Companies in Focus

 April 4- April 6 in Chandler, AZ

Where: Hilton Phoenix/Chandler, 2929 W. Frye Road, Chandler, AZ 85224-5001

The companies that will be toured include: Gold Canyon, Origami Owl and Isagenix

IDSTC to attend Annual Meeting in Orlando

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Direct Selling Association-USA  2017 Annual Meeting

Come see us in Booth 505

 June 4- June 6 in Orlando, FL

Where: the Hyatt Regency, Orlando, FL

Treat your family to an exclusive experience in the middle of the magic with a special evening at Epcot! Don’t miss the conversations that will help shape DSA’s work of protecting direct selling opportunity and creating a more supportive world for independent contractors and entrepreneurs.

Party Settle vs. Party Close?

Party Settle vs. Party Close?

IDSTC

Party Settle vs. Party Close?

So you’re starting a Party Plan company but not quite sure about how the consultants will get paid? You’re not alone. This is a big decision for party plan companies that drives the business and relationships the consultants have with corporate. The two most common options are Party Settle and Party Close.

With Party Settle, the consultant retains earnings from the party the same day, assuming the proper cash/check amount was collected in person during the party.

In Party Close on the other hand, payments first go to corporate by way of the consultant using their personal credit card to pay the company for products ordered in the party. Once the orders are fulfilled, then the consultant receives their profit through a monthly commission check.

Both offer a varying degree of convenience and also some drawbacks.

For instance, Party Settle can open up the company to unwanted exposure. How? By allowing the consultant to keep the cash and checks she could potentially use the funds for something personal instead of fulfilling the orders. If she does this and then later reimburses the party and places the orders, this could potentially leave the party guests to wonder why it’s taking so long to get their goods. The answer from the consultant? She could blame the tardiness on party order delivery by the company. Moving to a Party Close model protects the company from this kind of situation. However, an important benefit of Party Settle is that it does encourage your consultants by giving them immediate results for every sale in the form of hard cash/check.

On the flip side, Party Close limits payment options for party attendees. Party Close requires credit card payment for orders during the party before the host order and closing of the party can be completed. Not allowing either cash or checks, something that is available in Party Settle, can make Party Close somewhat undesirable for consultants due to less flexibility in payment choices for party attendees. A benefit to Party Close is the straightforwardness it offers – no complicated settlement calculations, no waiting for party profit via a commission cycle (end of month, etc.) and no custom reporting to communicate this information to consultants. A big argument for Party Close is that it is simple, period.

As you decide whether to setup Party Settle vs. Party Close, you should keep these points in mind. There are many other things to consider between these two options and whichever you choose has a great impact on business operations for your consultants. This means your company needs to carefully evaluate the risks and rewards of your party compensation style.

Do you have questions about how to choose between these two Party Plan options? Contact Us today and we would be happy to help! IDSTC has been the trusted technology partner to the Party Plan industry for over 15 years and we have the experience it takes to help your company make these important business decisions.

 

IDSTC at the Vegas DSA!

IDSTC Exec Team

IDSTC Exec Team

IDSTC in the house!!! (2015 DSA Communications & Marketing Conf)

Visit IDSTC TODAY while attending the DSA Sales & Marketing Conference in Las Vegas!

Are you at the DSA Sales & Marketing Conference this weekend? If so, come visit the IDSTC team at our booth 5! We will have a photo-booth setup for some fun photo opportunities with the holiday spirit like our team of executives above!

Not attending? Not a problem, contact us today and see how we can help your MLM/Party-Plan company reach your goals!

Visit IDSTC at the DSA in Vegas!

IDSTC at the DSA

IDSTC at the DSA

Visit IDSTC while attending the upcoming DSA Sales & Marketing Conference in Las Vegas!

Are you going to the DSA Sales & Marketing Conference during December 9-11 at the beautiful Mandarin Oriental Hotel? If so, come visit the IDSTC team at our booth 5! We will have a photo-booth setup for some fun photo opportunities with the holiday spirit!

Checkout the DSA website for more information on this great event:

“Join us on the Vegas Strip at the beautiful Mandarin Oriental Hotel for an educational experience designed to help your company Focus on the Field

IDSTC will have a top-notch crew representing our trusted software solution for all your MLM/Party-Plan needs. Come stop by our booth 5 to ask us how our trusted software can take your business to the next level!

Not attending? Not a problem, contact us today and see how we can help your MLM/Party-Plan company reach your goals!

IDSTC Participates in the 14th WFDSA World Congress

WFDSA Conference in RioThe 14th WFDSA World Congress was held November, 2014 in the beautiful and dynamic city of Rio de Janeiro Brazil.  The meeting was entitled: “Direct Selling – The Original Social Network” and was attended by over 400 direct selling executives representing over 55 different countries.

IDSTC has several global clients and many others looking to expand internationally and this presented an opportunity that only comes around once every three years and gave us an opportunity to network and learn from executives from some of the top direct selling companies in the world.  Several topics revolved around technology and how its role in society is blurring the lines of social and business relationships.  Other discussions included the future of direct selling in a borderless world, and a call for direct sellers to be better prepared to embrace new software platforms and technology tools or they will get left behind. READ MORE »