Top MLM industry leaders say that the funded proposal system is the secret ingredient in helping them make their millions. This is an addition to the income they are earning from creating and growing their preferred MLM opportunity. Listed below are some specifics on how you can use the funded proposal for your home business network marketing opportunity.
You will not initially focus on your primary product or business. That will be addressed on the back end. Instead, on the front end, you sell a smaller priced product that may be just a service or information product that is valuable for them in giving them knowledge for their businesses.
By using the front end product, you can offer them something useful, capture their email, and develop a relationship with them. In the process, you will be establishing yourself as an authority in their eyes, enticing them to want to work with you.
Keep in mind that small commissions for the smaller front-end product will add up, helping you to generate cash flow immediately. Most advocates of a funded proposal system recommend that those commissions be used for re-investments into any other marketing you choose to do. When this is done, you, in essence, have free advertising.
As you attract more and more prospects into your home business network marketing and sales funnel, you will be building your most priceless commodity in this business; a list. As time passes and prospects receive your emails, they begin to trust you. At that stage, you can email that larger list, with the details of your primary product or program in hopes of sponsoring a significant number.
With the funded proposal, you begin making money before you have any prospects join your primary opportunity. In fact, even if prospects don’t join in on the MLM opportunity, you will still make some money. Keep in mind that just five percent of people will join your business. However, a funded proposal system attached to the MLM opportunity means you make money on those folks who say no.
As you continue in the business, your list will increase, which will lead to an infinite number of free leads. After a while, by continuing the usage of the funded proposal system you will have a better chance to develop a consistent pipeline of leads at little to no advertising cost. You can, then, recruit those individuals “worthy of the position” and can still profit from most everyone else.