Funded Proposal Marketing Does It Really Work?
By now youve probably heard the term Funded Proposal Marketing
? But what is Funded Proposal Marketing, precisely?
What's more importantly, do you want to include it in your business?
Truth is the answer to both of those questions may possibly surprise you! In fact youve most likely gotten a lot of misinformation on the subject in the past, Im going to set everything straight for you right here in this article.
To begin with, what exactly IS funded proposal marketing?
Quite simply, funded proposal marketing is the term used to describe marketing that pays for itself. Quite simply, in the course of network marketing, profit is created that covers the cost of the marketing itself.
Since that may seem complicated, lets use an example. Lets say that you need to generate MLM leads for your network marketing business. You start an Adwords marketing campaign where you bid $1.25 for each click. You direct the traffic to your capture page, which has a 33% opt-in rate. In other words, 1 out of 3 people that come to your capture page fill in the form (opt-in) and turn into a MLM lead for you. Which means then, that every lead you generate costs you about $3.75? ($1.25 X 3 = $3.75).
You then have 2 choices: pay the $3.75/per lead out of your own pocket, OR add a step to your network marketing that permits you to recoup your $3.75/per network marketing lead cost. Obviously the smart options is to add a step to your marketing to recoup your costs so that youre marketing is sustainable and you also will not run out of money before you can generate enough leads for your network marketing business. Thats the idea of the funded proposal marketing system, as well as why its essential to have in your business.
However, if you choose to utilize old school network marketing prospecting techniques to grow your business, youll end up trying to pay for the cost of your network marketing leads out of your own pocket. This could be in the form of product or service samples, marketing pamphlets, and buying network marketing leads. And for most networker marketers still stuck using old school network marketing techniques, their goal is to attempt to recoup their network marketing lead expenses when they manage to sponsor one of their leads into their downline.
This actually reveals a MUCH larger problem, and one of the major reasons old school network marketing prospecting methods are a suicide way of attempting to build your business
The truth is, no matter how you are trying to prospect for your business, only about 1-3% of the network marketing leads will end up signing up for your downline.
This implies that if you dont use a funded proposal marketing plan, youre missing out on 97-99% of the potential cash flow! Thats why a lot of networker market marketing businesses go broke!
However, if you set up a funded proposal marketing system the right way, youll cover the cost of money from the 97-99% of your network marketing leads that choose NOT to enroll in your downline!
Just be careful! Many networker marketers that try to put a funded proposal marketing plan into action in their business end up getting a few crucial parts wrong and consequently never see ANY results for their efforts! To make sure that youre not one of them, heres a complete basics guide to putting together a winning funded proposal system in your own business.
Or if perhaps youd like to skip ahead of all the others and watch over my shoulder as I teach you exactly how to copy the same funded proposal marketing system I use to generate free MLM leads in my own business, check this out.
P.S. In using Funded Proposal Marketing you can learn 3 simple tricks that enables you not to just break even, but make a sizable profit BEFORE any network marketing leads sign up for your downline, check out this video!
by: Country Gal
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