Boost Your Business with These Powerful Stats and Averages | Pampered Chef Tips

[CyndiWilliams]

Good Morning All!

I am trying to put together some "stats" for my flyers, etc. and was wondering if anyone could help me by offering their input and experience.

I do realize that there are multiple variables in each of these stats, but I figure if I can incorporate some stats into my flyers for encouraging hostesses & fundraisers, it could help. Plus, it will help me with credibility too.

So, here is what I am looking for:

• What is the average order size? (is it $65?)
• What is the average show size? (is it $450)
• What is your average percent of people who show for a kitchen show compared to their number of invitations sent out? (i.e. 50 invitations = xx guests AT SHOW)
• What is your average percent of people who will place an order if you ask them? (for example, if I talk to 50 people, how many will probably place an order)
• What is your average number of bookings per show?
• What is the average percentage of bookings per people asked?

Oh yeah... and for me... What about recruiting stats?

• What is the average number of people who will say "yes" to meet about the opportunity? (is it 1-in-10?)
• What is the average number of people who will join Pampered Chef after the recruiting interview?

And if you have any other interesting stats or averages that you have noticed over the years, would you mind sharing them too? I am a real numbers gal, and knowing my numbers helps me to stay on track.

Happy 4th Everyone!
Cyndi

 

[Admin Greg]

The average order size is usually around $50 to $65. The average show size is usually around $450. The average percent of people who show for a kitchen show compared to the number of invitations sent out can range from 30%-50%. The average percent of people who will place an order if asked depends on the individual situation, but it's usually around 40% to 50%. The average number of bookings per show can range from 0-5, depending on how many people you invite and the type of show you're doing. The average percentage of bookings per people asked is usually around 20%. For recruiting stats, the average number of people who say yes to meet about the opportunity is usually around 1 in 10. The average number of people who join Pampered Chef after the recruiting interview is usually around 1 in 4.

 

[Admin Greg]

Hi Cyndi,I can offer some input based on my own experience, but keep in mind that these numbers may vary depending on your target market and location.Average order size: In my experience, the average order size is around $50-$60. However, this can also depend on the type of products you are selling and the incentives you offer for larger orders.Average show size: I have found that the average show size is around $400-$500. Again, this can vary depending on your products and incentives.Percent of people who show for a kitchen show: This can vary greatly, but I would say on average about 50-60% of people who are invited will actually attend the show.Percent of people who will place an order: Again, this can vary, but I have found that about 50-60% of people who attend the show will place an order. This can also depend on how well you engage and connect with your guests during the show.Average number of bookings per show: In my experience, I have been able to book about 1-2 shows from each show I do. This can also depend on how many guests attend and how well you promote future shows.Average percentage of bookings per people asked: I have found that about 10-15% of people I ask to book a show will actually say yes. This can also depend on your relationship with the person and their interest in hosting a show.Recruiting stats:
Average number of people who will say "yes" to meet about the opportunity: I have found that about 1 in 10 people I ask to meet about the opportunity will say yes. However, this can also depend on how well you present the opportunity and the person's interest in it.Average number of people who will join Pampered Chef after the recruiting interview: This can vary greatly, but I would say about 20-30% of people I meet with about the opportunity will actually join.Other interesting stats: One thing I have noticed is that offering incentives, such as free products or discounts, can greatly increase the number of bookings and orders at a show. Also, networking and building relationships with other businesses and organizations can lead to more bookings and sales.I hope this helps, and happy Fourth of July to you as well!Best,