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If you have been online network marketing for long you have probably heard the term funded proposal. You probably have been wondering what a funded proposal is and why you would want to use one to grow your business.
The funded proposal is an exciting concept in the network marketing world. Remember the old school way of marketing? The bug your friends until they buckle, go to your presentation so you shut up kind of marketing. Using this simple idea eliminates the need to hassle every living being you come into contact with.
What is a funded proposal?
To put it in simple terms it is a front end proposal or system that generates leads and a front end income. This income is generated regardless if anyone joins your primary business.
When someone starts a new business they usually do not have a lot of up front income right away. This is when they run out of money and quit. The next big issue is the new business owner runs out of leads. The funded proposal solves both these difficulties that are the major reasons why most network marketers quit.
1. The first way to use a network marketing funded proposal is to generate leads. The best type of lead for your primary business is a lead that wants to build a business. Marketing your funded proposal will help you find these types of prospects.
2. Next you want to use your network marketing funded proposal to sort the leads you have generated. We all know about the tire-kickers that always seem to hang around. The funded proposal automatically sorts these people out.
You can use your funded proposal to see what prospects are taking action and what ones are doing nothing. Then you focus on the action takers. The rest can sit on your list until they decide to take action themselves. This saves you both time and energy in your recruiting efforts!
3. The last reason you need a network marketing funded proposal is because it brings you front end income. A great percentage of network marketers quit or fail because they simply run out of money. The front-end sale will provide you with funds to fund your marketing. The more people you put in your funnel the more red, hot, targeted prospects you will get.
These prospects are entirely a different breed from those that you get from a lead list. The prospects that are the action takers will be the ones you focus on. They are the prospects that will ask you if they can join your business.
There are many types of funded proposals available online. Some are better than others. If you would like to learn more on this concept click on the link in the resource box for more information.
Copyright © Mary Thayer
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