Tuesday, December 24, 2024

Funded Proposals How It Is Your Ticket To Riches In Your MLM

June 12, 2011 by  
Filed under Affiliate Marketing

In the last couple of years in the network marketing industry and community, the whole idea of the funded proposal has really taken off and become extremely popular. However, even those who know of it really do no understand how to fully implement it to their advantage in their business.

Really what a funded proposal comes down to is that in order to earn cash quicker than you normally would, you need to bring into your business multiple streams of income while you build you business on the back end of your marketing funnel. A basic idea and easy to understand, but can be devilishly complex to implement.

As stated before, a funded proposal allows you to generate much needed cash while recruiting, or selling your own network marketing products.

If you are able to hit a sweet spot with it, essentially it will pay for all of your advertising costs and allow you to grow your business much faster than before.

There is some basic business math that you need to go through in order to understand a funded proposal. In this specific example, the ratio of leads to people joining you in your opportunity is 1 out of every 100. To go along with that one person, you earn a $100 fast start bonus for each person who makes the wise choice of joining you. When you go through the math behind this example, for 100 leads you generate, you earn $100, or $1 per lead.

The real fun comes in when you bring a funded proposal into your marketing mix. This is also the piece that most often distributors incorporating this into their busines fail at. It is very common for many people to only refer people to training products, or something of that nature to subscribers in their list through their autoresponder. The fact is that there are many ways to incorporate this into your business.

On a larger scale, a funded proposal is really only a way to monetize the leads that never buy your product or never join your opportunity. You do this by offering things of value to them and then going ahead and you are able to make a commission off of that, making it a win win for both parties.

Keeping this at the top of your mind in marketing, lets get down to it and see what the brass tacks are.

Listed below are some ideas that work very well, and are listed in order of difficulty in terms of a seller earning money off of it.

Things such as: Google Adsense, CPA or being paid to generate leads for others, general affiliate products related your niche, your own information products, and finally and last but not least your own product or business opportunity.

You see, when you look at the funded proposal concept in a general sense, you can earn money far quicker doing the first 5 items on this list. Then you can funnel the earnings from that into marketing for more leads so you get more exposure for your primary objective, which is building your primary network marketing business.

To learn even more about incorporating a funded proposal into your own business, read below and click on the link for more information.

Using a funded proposal is a great way to grow your network marketing business at double the rate you normally would. Incoporate an online funded proposalinto your network marketing business and see the power of your income growing quickly.

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!