It may seem ironic that one can make extra income in an industry catering to kids, but that is exactly the case with Discovery Toys. That is indeed the case with Discovery Toys, a network marketing
company out of Livermore California. Founded by Lame Nemeth over a quarter century ago, Nemeth was a homemaker who had an idea of line of teaching toys for kids. product discovery
Lane held to the belief that children learned more ably if they were enjoying themselves.
She came up with the idea of working with stay-at-home mothers to distribute the products of Discovery Toys. This would also give these mothers the ability to earn an income from home as well, besides enabling their kids to experience the products Discovery produces. A win-win situation. Or as Michael Scott says “Win-win-win.”
In the present day Discovery, with their quality goods and unconditional guarantees, have constructed a stellar reputation as a responsible and reliable business. Many of the products are priced quite economically as well, with greater than three quarters of the Discovery Toy line selling for twenty dollars or less.This makes them fit into anyone’s budget.
And this is my greatest concern with Discovery Toys. Each time I examine a business, I try to perceive how that businesses’ goods will do in any economy. There exist a select few things people will continue to
purchase in any economic climate- food, fuel, electricity- the staples they need to get by; though they purchase less of each, they will still do so. There is one other area people seem to be economically
blind towards as well- their children. Most parents (if not all) will first make sacrifices in other areas, so as to shield their children from the pain the rest of the family is going through when dealing with job security issues and the like. And one thing every parent longs to provide their offspring with is an education: a close second is gifts they can enjoy. Discovery Toys meets both those needs, and thus is in a very unique
and potentially profitable niche. It is a market that will not grow cold.
Getting back to my caveat about Discovery then- is the compensation plan and the pricing of their products. The initial cost is a mere $99 dollars and includes catalogs, a handful of the top items for various age groups, and the necessary components for party hosting. And three months ( for free ) of a business website.
The comp plan is this: as a rep with Discovery you would earn 25% profit on the wholesale value or 20% (CN) of the retail value less the Free Product Value of all the products you sell. As you progress, you will earn as much as 40% on your sales and 15 % your team makes.Obviously, this is where one succeeds with this company, is through building a team. Building a team of forward thinking stay-at home moms may not prove to be too difficult an obstacle however, when considering the merits of the product line.
An additional feature of Discovery is that its members are able to market in any territory in the United States, not simply locally.
Most people who are serious about network marketing and really building a business already know that it is not a get-rich quick venture, but something that requires consistent labor and time to be successful.
And while my opinion of Discovery is they are a wonderful company with a great mission and product line, I believe this opportunity to be perfect for part-time, but likely difficult to create a full-time income with.
My reasoning for this conjecture is that there is not a consistently consumable product ( the genre does not really lend itself to one), and the alarm that one might sprint through their warm market rapidly and then become bogged down. Indeed there are certain people who can prosper in any company, but i am simply stating for the average person’s chances of success this is my observation. But, if one realizes how to be creative and market efficiently,it is quite possible to earn a substantial income with Discovery Toys or any other company leveraging the potential of the internet.