Essentially Free MLM Leads
2009
Now I know better than to suggest anything is free because we all know (or should) that anything that sounds to good to be true… is.
In a previous article I talked briefly about the concept of an MLM Funded Proposal as a way to build a never-ending stream of leads. Now I would like to go into a little bit more detail on the importance of this process and why you should consider it.
If you’ve been in multi-level marketing for awhile you know that your largest expense is advertising and the longer you’re in the business (and the faster you want to build) the larger that expense becomes. The reason for this should be obvious to those who have been in the business for awhile but for those of you who are new-comers, not everyone you present to, no matter how good you become at building effective relationships, will want to join your business. Why? Some are already in another business, some don’t want to put the effort into anything, and some we’ll never know why.
So how do you offset this expense? Well there is sales of your product but again this requires advertising in some form as well and if you’re new, you don’t have the money… after all one of the reasons you got started in the business was to have money to do the things you want to do. Most of those in network marketing struggle because they don’t have enough money to properly build an effective multi-level marketing organization. You need a way to have up-front money to cover your advertising and thats where the funded proposal comes into play. So this is a technique that both the new as well as the seasoned multi-level marketer can use.
A funded proposal works in two (2) ways:
- You can sell something like an e-book or a marketing system to people that are looking that generates money off of the initial sale. There are many well planned out marketing systems out there. Alternatively, if you are looking for product consumers rather than business builders, you can refer people to things of value to them in resolving issues that your product(s) help resolve. In the process of doing this, you are helping those people out, and when they subscribe to what you are referring them to, you earn a commission off of that.
- It provides you a stream of leads that you can present your product or your business to (depending on what type of funded proposal you put out). I would suggest that if your funded proposal is material related to building a business that you present your business to the leads coming from it. On the other hand if your funded proposal is providing people information on products similar to yours and the benefits of your product in resolving their problems then you want to only present products to the leads coming from it.
But there are tools you will need to have in place for any funded proposal to work:
- People need to know that your proposal is available
- You need to follow up with anyone that inquires about your proposal
- You must deliver the product you offered in the proposal
- The product should do or contain exactly what you said it would
Never offer as a funded proposal anything that you yourself have not researched, used, and derived benefit from.
How do you let people know about your proposal? Well you have to advertise and yes it may cost you some money so you need to make sure that the advertising works and results in you having sufficient people buying the proposal to cover any advertising costs plus leave money over to pay for any other advertising that you do. After all the intent was to pay for all of your advertising.
You need to have some form of autoresponder that kicks in the moment someone signs up. For instance if you signed up to receive updates from this blog you would have been sent a welcome email personalized to you. As much as I would like to, I don’t have time to personally welcome each person but my autoresponder does it for me. When dealing with a funded proposal people will sign up to learn more and your autoresponder emails will trickle out to them a day or more apart, in order, to give them more details so that they purchase the product (or at the very least hear more from you and allow you to present your multi-level marketing business or product to them).
And never fail to deliver what you promised. This is key, this is a relationship-killer if you fail to follow-through. So always make sure that if you are using some information product developed by someone else that it is a product that is guaranteed to be delivered (and guaranteed to pay you when someone orders it).
If you want to learn the more secrets behind an effective MLM funded proposal and get 7 of the best online video’s you’ll ever watch subscribe to our FREE mlm funded proposal 7 Day Boot Camp Study Course.







April 20th, 2009 at 4:29 pm
[...] I’ve told you about crafting an offer based on the problem that your MLM Product or MLM Opportunity would resolve. I’ve also said that your product is not your offer. Your offer simply gets your targetted audience to come to your website. Perhaps its free information about causes and available solutions to the problem that your product or opportunity resolves or its the initial information for your MLM Funded Proposal. [...]