PartyLite Business Opportunity – Is PartyLite Home Business Right For You?
Wednesday, December 2nd, 2009Company
PartyLite is a network marketing company established in the United States in 1973. However, it’s origins begin in early 20th century by entrepreneur and candle maker Mabel Baker. When she died in 1965, her company was worth $6 million.
In fact, it was Mabel Baker’s company that created PartyLite as a subsidiary and began with 3 people working in one small office. In 1990, the company was acquired by Blyth which trades on the NYSE. Their stock price was trading at $40.73 on October7, 2009.
The company is currently operating in 15 countries which includes all of North America, Germany and Switzerland.
Products
PartyLite products focus on the home and fragrances. Their main product would be scented candles and they have a large variety of colors and shapes. The company also has products that will appeal for special occasions like weddings and festive holidays.
Business
PartyLite has been in business for 36 years and it originates from the early 1900′s. Thus it’s main product line has survived through major wars, the depression and multiple recessions. So it is apparent that there is a market for their products despite economic or social turmoil.
The compensation plan would be typical for any network marketing company and there are individuals within the company that earn a significant income. This type of business could be marketed online or offline but in either case, one would have to reach a large number of people in order to make what one would consider a full time income.
A PartyLite business would be most suited to women and to those that love candles and pleasant fragrances. Sales of scented candles has demonstrated longevity despite turmoil economically and globally. Therefore it would indicate that this type of business still does well in bad economic times.
However, the average person in PartyLite would not make much money. The ones that do make money with the company would be those people that clearly love to interact with people and enjoy hosting or organizing parties. Others who do well would be those that have acquired the necessary knowledge to effectively market the business online.
So if you believe that PartyLite is the right business for you, ensure that you implement effective online marketing strategies and techniques to rise above those that do not take the time to gain the marketing information that is required to succeed online.
Joan Peterson is an online entrepeneur Entrepreneur and Internet Marketer Mentor who helps people internationally to achieve Financial Freedom by creating wealth and prosperity online!Visit Joan’s website now to find out how you can make money online today. Article Source: