Discovery Toys is a mlm company offering the opportunity to make money selling educational toys to families with kids. I have done a lot of reviews on the different mlm’s but this is the first time that I have come across one that has toys for its products.
Being a parent this opportunity interests me because I know this market from a purchasing standpoint.
So I thought I would do a review to see what it was about and what the pros and cons would of joining as a consultant.
Discovery Toys Review | The Company
The company got its start back in 1978 by Lane Nemeth who was a teacher at the time.
As with many of these older mlm’s it was started from someone’s dream and grew into an established company with the help of a small loan from grandma.
The company markets its educational toys using independent consultants that do in home demonstrations.
Originally the opportunity was was focused on stay at home mothers but as the times have changed I’m sure there a lot of stay at home dad’s that may have become consultants as well.
Educational toys have an important purpose and that is to help children learn and develop skills. There are studies taken place to see what the impact toys can have on kids.
The products that Discovery Toy consultants have access to are not only toys but books and software.
Being that the products are educational toys you can expect that they will be more money than your average pick at the big retailers so lets take a look at a few.
Here is one that is popular and I usually see in the library when I bring my son.
These magnets allow kids to build structures and shapes and the cost is $35 for 30 pieces. I did a quick search on Amazon for similar products and I found a couple 100 piece sets for $40 to $52.
So the magnet set from Discovery Toys will run about 3 times the cost of those found on Amazon.
Here is another toy that is popular with the kids and one that my son has as well.
They are gears that you can assemble on a board to make different configurations then just connect a handle and turn all the gears.
This gear set will cost $30 so I checked to see what a different brand would cost if purchased elsewhere.
I found some gear sets listed on Amazon that were much bigger but were costing around the same price.
So why would your customers want to pay more for these toys than the similar ones that can be found cheaper online and at other retailers.
The good thing about these toys are the quality as well as where they are being manufactured. For example the gear set shown above is made in Italy.
So you can expect the quality to be better than something that may be manufactured in Asia. Plus you wouldn’t have to worry about the possibility of unknown chemicals being used in the manufacturing process.
When it comes to their kids most parents would be happy to spend more money on safer toys.
One Thing I Didn’t Like
When I was on Amazon comparing pricing I noticed that the company themselves had the toys listed for sale. This means that you as a consultant will be competing directly with the company.
Your customers can easily go to Amazon and buy the toys with the advantage of saving on the shipping costs using their Prime account.
How To Become a Discovery Toys Consultant
If you’d like to become a consultant and sell educational toys the process is fairly simple you just find another consultant and sign up under them.
It’s a good idea to find a consultant that has some experience and has been in the business for a while so that you can use that person as a mentor.
This may not be as easy as it seems because other consultants may not want extra competition in their area.
So you may want to interview a few before you finally make your decision on which one you will sign up under. After all you’re starting your own business and you want to be successful.
This is one of the first steps to success by learning from someone else that’s been there and done it already.
Discovery Toys Starter Kit
The next step is to buy a starter kit and there are three levels to choose from.
Business Starter Kit $89
Business Launch Kit $159
Business Builder Kit $399
When you purchase your starter kit you will get access to your own website as well as some of the most popular selling toys.
The only difference between the business starter kit at $89 and going to the more expensive starter kits is that you’ll get more toys to use for demonstration samples.
It would probably be a good idea to just start with the basic business starter kit for $89 because that way you could purchase additional toys based on what you’re getting for feedback from people at your parties.
You don’t want to buy the most expensive kit and then find out that many of the toys that are included really aren’t what your customers are looking for.
How Much Money Can You Make Selling Discovery Toys
There are a couple different ways that you can make money as a consultant.
The first way is selling retail and getting your own personal sales. As a consultant you can earn between 25% and 34% depending on the toys sold.
The second way to make money as a consultant is to recruit others. So everyone that you recruit becomes one of your team members and you can earn 7% of their sales.
For example if one of your team members has $100 in sales you would earn $7 from that.
It may not seem like a lot of money but you have to remember that the goal is to get as many team members under you and earn a consistent 7% from many different people.
You can only do so many retail sales yourself so the goal is to build a big team and make a consistent passive income.
Although this seems simple enough the reality is that its harder than its made out to be by most mlm companies.
A lot of people will join as consultants but end up not actually working the business or selling any toys. Only a very small percentage will actually take advantage of the opportunity so the goal is to keep recruiting and finding those people that actually want to start a business and are go-getters that will produce an income for you far into the future.
Ways To Sell Toys
One of the methods for actually selling toys is to have hosted parties.
Get a group of parents together and do demonstrations showing what the toys are and how they benefit the kids will be one of the best ways to get sales.
Each party should be a way to generate new leads for your business.
Eventually you’re going to run out of your own friends and family so you’ll need to keep prospecting.
You will get your own website but this is basically the same site that everyone else will have. The only advantage to having it is to use it as a selling aid at parties or any other in person demonstrations.
The website itself will not get ranked in Google and people won’t be making purchases online as many consultants me think.
But you can use your website link on business cards and promotional flyers and any other advertisements that you hand out in hopes that people will follow the link and make a purchase which will give you your commission.
Other Possible Selling Opportunities
When building your business you will have to think outside the box in order to really generate any kind of income with this opportunity.
It may be possible to set up a booth at a show or fair where you can make some retail sales or possibly at school events. These are places where parents would be exposed to your business and you would have the opportunity to show them the advantages of purchasing Discovery Toys for their kids.
Discovery Toys Pros and Cons
Before jumping into any opportunity it’s a good idea to go over what the good and the bad are to see which features are important to you.
Pros ( the good stuff )
- Established 40 year old company
- Reasonably priced starter kits
- Quality toys
Cons ( the not so good stuff )
- Time consuming business
- Need inventory (overhead)
- Competing against company on Amazon
Who Is Selling Discovery Toys For
I think a lot of parents jump at this opportunity because they want to make a little money on the side as well as help kids to learn with quality products.
Being a parent is a full-time job so you have to ask yourself if you actually have the time for this business.
At minimum you would need to do at least 4 hosted parties per month as well as find other ways to market your business and sell more toys through your team members to make even a part time income.
Most people that jump into these hosted party types of mlm businesses usually end up losing money because they didn’t realize the amount of time it takes to actually work the business and make money.
Also ask yourself if it fits the lifestyle that you’re looking for?
Do you see yourself running around doing parties and looking for other opportunities to do shows where you can market the business and the toys?
Discovery Toys is a great company selling quality products and giving people the opportunity to make money helping kids to learn.
As a parent myself I see the allure of this opportunity.
Then I look at it from an outsider’s perspective and ask myself how much money can I actually make here and will it take away from the time that I spend with my family?
So for me I would have to say that this opportunity is just not worth it.
I am currently enjoying working from home without the headaches of recruiting people and running around doing parties.
I discovered affiliate marketing which allows me to work from home and live the lifestyle that I want. This company taught me how to build a website and monetize it so that it would bring in income.
Now I can sell any product that I want without having to worry about inventory and all I need is a computer and an internet connection.
If your interested you can checkout the opportunity here!
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