Do You Really Need A Funded Proposal?
Maybe you have learned about the funded proposal idea and theory going around the direct sales industry
. One of the best ideas and methods used that has made lots and lots of home business owners very wealthy. Perhaps you saw videos about this but you dont quite comprehend it. Well, dont worry because inside this article Im going to break down the funded proposal concept. Maybe the question you might have is DO I SERIOUSLY NEED THE FUNDED PROPOSAL? Well, heres the reality. But first.
Exactly what is a Funded Proposal?
The funded proposal is simply a strategy which is used for someone to get paid to prospect, meaning they make money even though no-one joins their Network marketing business. Let me break it down. The funded proposal is the procedure of selling a lower priced product on the front end to repay your advertising costs, and after that having your MLM business on the backend. See this is what happens: Most network marketers who are promoting their business online, have no clue how to market. What they do is they simply push their company as well as their replicated sites around, pitching everyone who is breathing. They're goingon Facebook and post links on everyones wall, saying Join my opportunity NOW. We're on the GROUND FLOOR!!! Take your spot!!
The concept of a funded proposal is made for you to solve an existing problem. As a marketer, you need to understand your target audience. In our cases, its really 2 kinds of people: current network marketers & those currently searching to join a home-based business. There are other people to whom you can target also but when youre marketing online, those are the people you want to market to. Check this out: Most network marketers are not making more than $10 bucks a week. Theyre struggling with these 2 major problems:Lack of Leads & Lack Of Money!
Thats it! They dont have great upline support or theyve exhausted their family and friends. Now they need more leads and they need to make more money because their autoship is costing them more than they're making and theyre not signing up people fast enough. Thats where the funded proposal comes into play. Also, individuals who are currently seeking to join the mlm industry would like to work with leaders and pros who can show them how to build the business. Theyre seeking a leader to follow. Theyre looking for that mentor.
How To Make The Funded Proposal Work For You.
Ok, so you got the struggling home business owners and youve got people wanting to join the industry. What's the best thing to provide them? TRAINING!! You should offer people valuable training. You dont want to offer them just your opportunity. Its useless to offer them that if they dont know how to build it. And so the funded proposal shows them how to build an mlm business.
Exactly what can be considered a funded proposal? It could be a book on how to attract prospects, as opposed to chasing after them. One of the most famous ones in our industry is Magnetic Sponsoring which was created by Mike Dillard. It could be a book or training showing people 10 different methods for them to generate leads for their business. Look, the truth is that folks need more leads to talk to. Theyre tired of chasing their family and friends around and they need more people to talk to. Show them how to get leads and they will love you. Also you can offer them a marketing system that brands themselves and enables them to generate multiple income streams. Probably the most popular ones today is Mlm lead system pro.
It can be anything that is relatively cheap that folks wont have a problem buying. Theyll buy a $39 dollar book or pay $50 dollars per month for marketing training. Its much easier to sell them that then to just sell them a $700 dollar MLM buy in to join a company. The truth is that 95% of the people you talk to online or offline will NOT join your company. Using the funded proposal, you can make money from those prospects who say NO to joining your team. It still keeps you in the game while making money at the same time.
People want training and ways to build a business. They dont need a business if they dont know how to build it. By you offering them this valuable training, theyll buy from you and become your friend. Since youve been a leader towards them and showed them ways to build a business, they will most likely come to you when theyre ready to join a company. Or if you have an existing network marketer and youre solving their problems, theyll most likely wanna join your team because youre helping them out more than their upline is.
Its much easier to have an existing customer buy more stuff from you (including joining your team), then it is from a complete stranger. Also, if youre doing paid advertising and promoting a low end product, you can actually recover your advertising costs to the point where youre actually making money from each lead.
Do You Really Need A Funded Proposal To Make Money In Network Marketing?
Absolutely not. The funded proposal is really for online markters. But the truth is that billion dollar MLM companies have been built all OFFLINE before there was any funded proposal. Most people who join MLM will just do it offline and they'll still make money. So it's a very good strategy to use but you don't need it to succeed in network marketing. If you want to market your business on the internet, it's the smartest way to go. However if you choose to build your business offline, you can still make money without it. Pick what's best for you.
by: Lee St.Louis
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