MLM Leads Generation Training – Using A Funded Proposal System That Pays You For Each Lead
MLM Leads Generation Training – Using A Funded Proposal System That Pays You For Each Lead
Imagine how easy MLM will be if you never have to call a single cold lead again? Yes, if you ask me, that really sounds like any network marketer’s dream come true! Imagine how wonderful it will be if the leads start calling you instead? Imagine how fantastic it will be if the lead actually pays you money before they even join your MLM opportunity? And it can be done with a new kind of marketing system called the funded proposal system.
So what is a Funded Proposal System?
There are 2 fundamental problems that every network marketer needs to solve right now.
1) Money
2) Leads
Almost every MLM company in the industry will offer their distributor members a lead program where you can buy lists of people’s names and telephone numbers who have been qualified by certain supplier companies as “prospects who are interested in a home business”.
Now the only problem is, most distributors have to spend tons of money buying such leads which can go into $100′s of dollars. The end result is, more often than not, distributors have to cold call 100′s of people on those lists before they can even get 1 signup. And most people hate doing cold calling as much as those people who receive such calls. Well, the formula is supposed to be simple.
More money = buying more leads = higher chances of getting signups
However, the fact is most people lose more money on buying leads than they really make back in terms of profits! That’s why many people with tight budget constraints are going to quit the business. What a funded proposal system can do, is to solve the 2 big problems which are MONEY and LEADS.
Now, there are 3 types of prospects out there in the market who we can try to recruit.
Type 1 are the people who have never tried network marketing before and have zero experience.
Type 2 are the people who have tried network marketing before and are positive about the business model.
Type 3 are the people who have tried network marketing before and are negative about it.
Given a choice, which type will you want to recruit? For me, I choose type 1 and type 2. However the preferred choice is still type 2. Why? Because recruiting an experienced network marketer saves me tons of time in educating them about the industry and also why they need to do network marketing as well as training them on how to succeed in network marketing. Most of these people come in running or flying instead of newbies who have to start off crawling.
Now, the first question we have to answer is, “What do experienced network marketers really want?” They want to learn how to do better in their existing MLM opportunity or the next MLM company they join. Now think carefully, how many network marketers do you know who want to learn how to do better in their existing MLM opportunity or the next MLM company they join? That’s almost every single network marketer in the world! And there are millions of people like that!
If you can offer them an information product and prospecting system that teaches them how to:
1. Do better in their existing MLM opportunity
2. Do better in any MLM opportunity they intend to join and make this product or system so wonderful that they are willing to pay a small fee for it:
Wow! That means you get paid by network marketers from any company for your product or system and at the same time, they become high quality prospects for your business opportunity.
If you talk to 100 network marketers from other companies and just 10 of them bought your product or system for maybe US$37. I will have made a profit of US$3700. This money can be rechanneled into buying leads or doing some advertising. But the point is, you made money first before you spent any money! That solves the 2 biggest problems of not having enough money to buy more leads!
MONEY + LEADS = SIGNUPS
Now for an even more powerful thought! What if you can do teach these network marketers how to:
3. Make more money promoting this product to other network marketers
You can pay them a commission of 30-50% of all sales that they refer to buy your product. This can be done via an affiliate program system which is very common now on the internet. The network marketer can also promote your system to others and if they get sales, they also get paid commissions. Now that’s what I call viral marketing.
All these leads who paid you to learn how to do better in MLM will be in your email list. And you can then introduce them to your own business opportunity later when you send them emails in a regular email newsletter. As you build trust and friendship with these paying customers, you can easily add links in your email that send them to your own MLM business opportunity.
If they are interested in knowing more about your opportunity, they will call you because your phone number is in your emails! That’s when they start calling you, instead of you calling them! And if you do this repeatedly, you not only get paid by your leads. You will never ever have to cold call a single lead again!
If you really want to learn more, just register for my Free Get Net MLM Profits Course
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The Author: Dennis Bay is a seasoned MLM and
Network Marketing Industry Leader from Singapore.
Get more free mlm tips and training on his blog at http://www.DennisBayOnline.com