How Much Should I Budget for New Products and Supplies?

[babywings76]

I want to set aside some money from my profits for the upcoming new products and new season supplies. I can calculate the supplies, but I'm wondering how much the new products will run me. I earned the $1500 level and the special new product. Any educated guesses on how much I should budget for so I can purchase the rest of the new products? I want to pay myself, but want to set aside some money now so I have it when the new stuff is announced and we can buy them. I don't want to go into debt like I did at the beginning of last year. I paid it off and now have a nice surplus, but thought I'd be more careful this time.

Anyone have previous seasons' info on the SAT levels and what the product values were?

 

[otisbg]

If I remember right - You can usually purchase everything for around $140.00 - give or take $10.00? Since you earned the first level I would say to safely put aside - maybe $75.00? It also depends on how many items are grouped or how many are individual purchases and also how many you really want. Don't forget that April is KE month too.:balloon:

 

[mountainmama74]

Remember there will be some open stock stuff too, that won't come in package A, B or C. You've earned package A with $1500 in November. So if you want everything, you'll want B and C as well! And whatever is not included in a package. I'd say maybe $125?

 

[esavvymom]

I know from past releases, purchasing all of the samples at the 50% would set me back about $200-225....since you earned some of it, I'd say at least $100-150 (if it were ME). One show's commission.

 

[chef131doreen]

How about doing a catalog show yourself the first week of March and earn the new products Free . You should get the new Catalogs in Feb so you can start off the month with even an Open House with your friends and Family

 

[otisbg]

Awesome idea, Doreen!! Love it!

 

[otisbg]

OK - I just checked my statements from last Feb. I didnt get any products free from SAT and I spent $182 including tax & shipping for all the spring products. Hope that helps. I also bought all the individual items offered at that time too!

 

[Becca_in_MD]

You're not necessarily going to want all of the new products. You may be quite happy with the SAT products that you earned. Focus on the ones you want for personal use and what you think you'll need for shows. For budgeting, $100 should cover you. I think the March host special flyer said there are 27 new products. No way of knowing how many of those will be in your SAT package. The word on the street was that the Dec. promo product is "high" priced at $49. Some years we've had new cookware that was over $100/piece.

Don't forget that you'll need Spring paperwork supplies.

 

[babywings76]

How about doing a catalog show yourself the first week of March and earn the new products Free . You should get the new Catalogs in Feb so you can start off the month with even an Open House with your friends and Family

It is tempting to do that, but usually I like to hold a New Season Kick Off party at my house in the beginning of the month of the new season. I show them all the new products, make a bunch of the new recipes and try to get enough orders for it to count as a show, but really try for bookings. I guess maybe I could just do it with the products I've earned, but I really like letting them see everything. Hmmm, I'll have to think about it. More $ in my pocket is always a better option.