Calculating Shows Needed Per Month: A Business Starter Guide

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Discussion Overview

The thread discusses methods for calculating the number of shows needed per month based on income goals and commission rates. Participants share various resources and personal practices related to this calculation.

Discussion Character

  • Exploratory, Opinion-based, Anecdotal

Main Points Raised

  • One participant requests the formula for calculating the number of shows needed to meet monthly income goals.
  • Another participant mentions the consultant goal worksheet found on page 3 of the consultant planner as a resource.
  • One participant states they do not use the consultant planner and instead utilizes Covey for their planning.
  • A participant notes that the Setting Goals online training course also addresses this topic.
  • One participant shares a formula for calculating shows needed, which involves dividing income goals by commission rate and then by show average.
  • Another participant emphasizes that there is no universal formula, highlighting the importance of knowing one's show average.

Areas of Agreement / Disagreement

Views differ on the resources used for calculations and the existence of a universal formula, with no clear consensus emerging.

Contextual Notes

Participants share personal experiences and preferences regarding tools and methods for calculating shows needed, reflecting a variety of approaches within the consultant community.

Who May Find This Useful

Consultants looking for different methods and resources for calculating their monthly show requirements may find this discussion relevant.

krzymomof4
Silver Member
Messages
1,682
Can someone post the formula on what you want to make a month into how many shows you need to have per month.
I have looked through my files and can't seem to find it. It used to be in the old business starter paperwork, but I can't locate it.
TIA
 
consultant goal woorksheet... pg 3 of your consultant planner. (the calendar ho sends us each year.
 
  • Thread starter
  • #3
I don't use the consultant planner. I use Covey.
 
The Setting Goals online training course also covers this.
 
I do not use it either but I have one.

income goal
dived by
Commission rate
=
Commisionable sales needed each month
divided by
your show average
=
shows needed per month
 
There is no magic formula. You have to know your show average.
 
  • Thread starter
  • #7
Thanks Paulette
 

Frequently Asked Questions

What is the purpose of calculating shows needed per month?

The purpose of calculating shows needed per month is to help direct sales consultants, like those with Pampered Chef, determine how many parties or shows they need to host in order to meet their financial goals. By understanding this number, consultants can better plan their schedules and marketing efforts to achieve success in their business.

How do I determine my financial goals for the month?

To determine your financial goals for the month, consider your personal income needs, expenses, and any savings goals you may have. Calculate the total amount you want to earn, and then factor in your commission rate and average sales per show to establish a realistic target.

What factors should I consider when calculating the number of shows needed?

When calculating the number of shows needed, consider factors such as your average sales per show, your commission percentage, any additional income from recruiting or bonuses, and your overall financial goals. Additionally, think about the time you have available to host shows and your ability to market and promote them effectively.

How can I increase my average sales per show?

You can increase your average sales per show by enhancing your product knowledge, offering promotions or incentives, engaging with guests during the show, and utilizing effective sales techniques. Additionally, creating a welcoming atmosphere and building relationships with your customers can lead to higher sales.

What if I can’t reach my target number of shows in a month?

If you find it challenging to reach your target number of shows in a month, consider adjusting your goals, increasing your marketing efforts, or exploring alternative sales methods, such as online parties or pop-up events. Additionally, seek support from your upline or fellow consultants for strategies and motivation.

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