We can analyze a business by - TeamOne World · We can analyze a business by evaluating 5 things...

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Transcript of We can analyze a business by - TeamOne World · We can analyze a business by evaluating 5 things...

We can analyze a business by evaluating 5 things

•  Company •  Products •  Competitors •  Future •  Marketing

Vestige Marketing Pvt Ltd

•  The largest Indian Direct Selling Company. Sales Turnover of more than Rs.800 Cr in 2016-17

•  Successful track record for more than 13 years •  The first Indian DS company to open international market. Vestige is

operational in UAE •  Vestige has its own manufacturing and R&D facilities in Baddi, Himachal

Pradesh •  More than 50 world class quality products in various categories:

Nutritional supplements, skin care, Personal care, Home care and Cosmetics and Food

•  More than 5 million Independent Distributors •  Zero debt company providing one of the best compensation plans in

the world.

•  Ves$ge    is  one  of  the  leading  names  in  the  health and wellness industry promoted by dynamic leadership and managed by a team of industry experts driven by the vision to excel.

•  Operations launched in 2004 with 2 offices and 6 distributors. •  Now, Vestige is one of the Top 5 Direct Selling Companies in India •  It has registered 100% growth year on year

•  40 Branch Offices

•  2500+ DCCs (Distributor Consulting Centers)

•  40 DLCPs (District Level Contact Points)

•  11,00,000 + Distributor Base

•  International offices in Nepal and Dubai

o  A 75,000 sq.feet fully dedicated manufacturing unit at Baddi, H.P, India

o  State-of-the-art equipment and streamlined processes that comply with the highest global quality standards

o  An in-house R & D lab for innovative product development

o  A Quality control department to maintain international level quality standards

o  Manufacturing Facility ‘GMP’ & ISO 9001-2008 certified.

OWN MANUFACTURING FACILITY

Company with a Vision

•  Working with a goal to cross an annual sales turnover of $1billion by 2020

•  Global expansion to have presence in 20 countries by 2025

•  To be the most Technology oriented DS company •  To bring in a sense of pride to the Direct Selling

Profession

inspired by Ayurveda, powered by Science,

propelled by Education

Ayusante is a MOVEMENT that inspires and empowers PEOPLE with the Ayurvedic way of life through Education, Services and Products which are authentic, pure, safe and effective using the power of Digital World

Success secret

To be in the Right Business in the Right Time with the Right

kind of people.

In 2000s the one who finds out better ways to distribute products will make more money than the one who finds

better ways to manufacture them Paul Zane Pilzer, Wellness Revolution

Future trends???

New distribution methods Intellectual Distribution

Wellness industry

Ayurveda ‘

Nobody ever FAILED in this business!!!!!!

They either

SUCCEEDED or

STOPPED

Why People STOP

•  Fear of Rejection •  How others will think about it (‘Are they paying

your bills??’) •  Seeking advice from WRONG people •  Concept of MONEY is wrong •  Not ready to work, always look for ‘fast money’ •  Not ready to come out of the comfort zone

(watching TV, Gossiping with friends etc)

Only qualification for doing this business

Step1. Define Your Dreams

To achieve those Dreams: # You must write down the Dreams. # Picturise your dreams # Visualise your dreams # Crystalise your dreams # Verbalize your dreams

Make your Dreams SMART

Specific Measurable Attainable Realistic Time bound

Now Your Dreams have become GOALS People achieve GOALS than DREAMS

Step 2. Make Commitments Be ready to change

•  Read at least 15 minutes a day – (egs: Magic of Thinking Big,

Think & Grow Rich… etc) •  Listen to audio program everyday •  Attend all functions. •  Put only positive to your brain – the most powerful computer

on earth. •  Business Overviews are your office. Attend regularly. •  Stay away from Negatives! •  Stay connected with your active uplines

the life changing University

TeamOne teaches you •  How to become successful in life •  How to create pleasing personality •  How to become a strong leader •  How to achieve financial freedom TeamOne Provides you •  Educational Books & CDs and Seminars and

Trainings; Live and Online

Step 3 Personal Volume

Why? - We are doing a business - In every business, profit is based on volume. - Here we have to generate volume from each

distributors. # How much PV? It can be anything! Suggested PV per distributor is 125.

How to Do Personal PV?

•  Use the products at Home •  Create customers and recommend the products. •  Ask the help of your sponsor to understand how to do

personal PV. •  Vestige has products for many needs.. Attend product

trainings and then use it and recommend. •  Don’t try to sell without having conviction in the products

How to do the business?

•  The success of any FMCG company depends on its Distribution network.

•  Larger the network, bigger the profits. •  How to expand your distribution network? Through recruiting new distributors and helping

them recruit.

Step 4. Make a list

•  Data-Bank is important in any marketing. •  Make a List book •  Don’t pre-judge people. •  Remember any one can do this business. •  Each name is worth lakhs of rupees

How to build a list?

•  F – FRIENDS •  R – RELATIVES •  I - INSTITUITION •  E - EDUCATION •  N – NEIGHBOURS •  D – DOCTORS/ PROFFESSIONALS •  S - STRANGERS

Prospecting •  It is not “Catching People” •  You should have a prospecting attitude •  Look for the lookers! •  Prospects are everywhere!

Prospects are those who are

financially and authoritatively qualifies for the business; others are just ‘Suspects’

Step 5 Approach

•  Approach people from your list •  Invite them to a meetings. (Home Meetings,

One on One, Open Meetings) •  Have a good posture •  Follow invitation technique in consultation with

your sponsor/active upline

Step 6. Show the Plan

3 ways to show the plan 1.  Home meetings (Most effective) 2.  Open meetings 3.  One to one

- Choose one from the above in consultation with your upline (depends on the prospect)

Show the Plan

For home meetings •  If you need 5 families to come invite 15 families •  Arrange the room in theatre style •  Be well dressed •  Introduce the speaker •  Avoid disturbances •  Tea/coffee at the end •  Conduct minimum 5 home meetings in week

Step 7. Follow up & Sign Up

•  Sign up after the presentation or during follow up •  Those who don’t want to do serious business, still can

join in the Customer Empowerment Program •  Connect the prospect with your active upline.

Step 8. Progress Check

•  Regular counseling with Active Upline •  Mentoring and Coaching is key to success

Step 9 Be Teachable & Be Accountable

•  Be in a continuous learning mode •  Be accountable for your own business •  Understand that there is no free lunch in

business

Step 10. Duplicate/Leverage

Learn-Do-Teach Learn the above 9 steps- Do the above 7 steps – Help your downlines to do the same.

3 Cardinal Rules

•  Don’t do anything for the first time without checking with your active upline

•  Never, never, never pass any negatives downlines or crosslines

•  Never mess up with somebody else’ money or family

Success Principle

You can achieve whatever you want to achieve in your life by helping enough people to achieve

whatever they want to achieve

FUTURE is BRIGHT

Go CROWN