If you are reviewing the Regeneca opportunity, I recommend that you read this whole article. There are things that you need to think about before you join this opportunity. I was apart of a similar business model, the concept sounded great, but the company didn’t last. But, I will mention that Regeneca is not a scam.
Regeneca is actually a very successful direct response marketing company. Last year alone they did over $40 MILLION in sales with TV infomercials and they have decide to convert their business model to network marketing. At the time of this writing, there are currently less than 500 representatives. So, if you are looking for an opportunity to be one of the first to join, you have definitely found it here.
This concept of the home agent program is so unique in that the business owner can take call from their house from the TV infomercials. You can’t get a better lead than that! Even better, if the customer purchased a consumable product, they would reorder every month giving you a residual income. So, the business owner wouldn’t have to worry about knowing how to market and this is one of the biggest causes of failure in mlm.
First, before you start in his business, find out if the infomercials are a hard sell or a soft sell. A hard sell is when they disclose the price of the product. A soft sell is when they don’t disclose the price. Why is this important? For a hard sale, the person is pretty much going to buy the product. For a soft sale, you will have sell the product. If you are good in sales, you will do great! If not, this will be an extremely frustrating task. In addition on selling the product, you will have to learn to up sell and down sell, so again, if you are good at selling, you will be a success.
The cost to take these calls is not cheap. From my research, it can cost anywhere between $3 – $20 per call. Ideally, you want to at least break even on the initial call, so then when the customer reorders, you make an instant profit. One thing that is great is once a customer buys from you, they are yours for life. So, if one of your customers orders a different product from the company, you will receive the commission.
Following up with the customer is key in this business. You want to connect with the customer and build a relationship. Ask to see if they have tried the product they ordered and ask what they liked about it. You will also want to recommend products to other family members. This will help with retention, which will in turn, help your check. This might sounds fun, but this follow-up takes a long time and if the customer doesn’t like the product, it would be hard to try to get them to stay on the product.
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