Its been quite a while since I put out a new blog post, and thats because I had to take a step back and put in some work creating my new product funnels and revamp my whole sales process…
But I am back now! Yaay!
Anyways I want to ask a very important question, as a network marketer, how would you like to get paid whether people joined your business or not?
And how would you like to have qualified people reaching out to you instead of you chasing them?
How do you think that would transform your business?
In todays Network Marketing tips I am going to be sharing on why you need a funded proposal in your business and how a funded proposal will hcaelp you attract quality people to you and you get paid whether they join your MLM or not.
Heads Up: 7 Day MLM Recruiting Bootcamp
If you are struggling with recruiting people into your downline, then sign up for my 7 day MLM recruiting bootcamp to learn easy strategies to getting people into your business. Click Here To Start!
Network Marketing Tips-Why You Need A Funded Proposal
If you are building your Network Marketing business, you are going to incur some expenses. Examples are
- Advertising costs (Facebok ads, google ads, etc)
- Autoship costs (Product Reorder from the company)
- Technology costs (setting up autoresponder, blogs, etc if you are building online)
And lets face it, it takes serious time before your MLM business will get off the ground, because you will have to prospect and talk to people till you find the serious ones.
There is also a very serious fact. 8 out of 10 people you talk to about your Network Marketing business will tell you no. So a funded proposal helps you make money off those people who tell you no, so you no longer care if they join or not!
So if you do not have extra income coming in, then you might end up running your MLM business at a loss.
Do you want this to happen to you?
So heres how to implement a funded proposal
1. Offer a low priced information product that solves a problem for your audience.
For example if you are in the weight loss niche, you can package a small 5-10 USD report on how to lose weight and offer it to your people IMMEDIATELY they enter your funnel.
2. In the report, you can offer a call to action for interested people to work with you in whatever way you choose (Weightloss coaching, or joining your MLM)
So, this means you will now only receive mails or messages from serious people who have gone through your training and want to do business with you! You now become the hunted instead of the hunter!
3. Then take the money you make from the sales of this information product and push it back into your advertising, and you will be advertising for FREE and getting endless leads and prospects.
This is attraction marketing 101, and was pioneered by one of my mentors Joe Schroeder.
You can do this yourself or you can use many of the automated systems out there which can help you set up for a small fee.
An awesome book that talks about this is Magnetic sponsoring by Mike Dillard.
If you got value from these Network Marketing tips, feel free to like, comment and share with anyone you feel might benefit!
Did This Blog Help You? If so, I would greatly appreciate if you commented below and shared on Facebook and other social media.
Adewale Adebusoye’s MLM and Internet Marketing Blog
Follow me on Instagram: @adebusoye
Email: ade(at)adebusoye (dot)com