The Funded Proposal - Just A Clever Marketing Ploy?
There's a huge increase in the number of people using a funded proposal to grow their network marketing business. You may be wondering what is a funded proposal, or you may have read a little about them and want to know if it is a legitimate way to build your business or just a clever marketing tactic to get you to sell some one else's affiliate product.
Let me explain what a funded proposal is and tell you the TRUTH about whether it will help you grow your MLM business online.
A funded proposal is when you start building your list or prospects (or leads) and instead of just mailing them information about your primary MLM business, you offer them smaller priced items designed to help them succeed in their quest for making money from home.
There are two reasons that this apparently works so well. One is that 98% of the people you approach with your business will say no. Either because they are already in a business trying to succeed or they just simply are not interested. With a funded proposal you can profit off the 98% that say NO, while continuing to build your business.
The second reason a funded proposal works so well is that when you give people the tools to succeed in their business they see that you are interested in HELPING them. One of the reasons people quit network marketing is that they have no support from their upline. When you, a stranger, is willing to help them out they will be inclined to work with you in YOUR business.
So does a funded proposal work? In short, yes. It is an extremely effective way to build your business online while making money. This ensures that you do not fall prey to one of the biggest problems network marketers face - going broke before the money starts coming in!
The other huge advantage to using a funded proposal is that it allows your new team members to start getting results faster, meaning that they stay in the game (your MLM) long enough to start seeing results. This dramatically decreases attrition and increases the amount of duplication in your team.
When people can start making money quickly online, they are happier. And when they are happier, they attract more people into the business. No one wants to work with someone who is stressed out and desperate for a sign up because they are broke!
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,rachael macgregor
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