John McRae works from home reviewing affiliate marketing programs at Your Work From Home Help Center and provides a weekly news letter Earn Extra Income
Getting people to join your network opportunity before you run out of money to promote it can be a tough problem for newbie Internet home business owners. Many find that it costs more to get people to join their systems than they receive in commissions generated by that new affiliate. This is especially the case at the beginning of a network marketer's career.
What is worse, the initial delight at finding a prospect who joins your program can be dashed when that person does nothing and drops out after just one or two months. It can be very discouraging to have to start to grow and then suddenly shrink.
Many people who try network marketing never get further than this first step. Yet it is a well-known fact that there are others who do successfully build up active sales teams, and earn a very good income on both sales of products, and commissions generated from the activity of their downline.
So what can you do to improve your chances of getting into the successful second group? How can you keep yourself going until your network marketing program starts to generate a large income for you?
Well, for one thing, it is much easier to recruit affiliates to your system when you have already warmed up your prospects and generated an initial sale from them. It is a fact in any field of marketing that the first sale is always the most difficult to get. So it would make sense for network marketers to work out a way to generate an initial sale before they introduce their network marketing business proposal to the prospect.
That is exactly how a "funded proposal" system works. With a funded proposal system, a low-cost but useful product or service is promoted first. The prospect is only introduced to the network marketing business after a purchase of the initial product has been made.
This serves two purposes.
1. It warms up the prospect of the idea that you are a trustworthy product or service provider.
2. It provides you with some upfront income that you can use to fund your main business.
There are many types of funded proposal systems available today. Indeed, a number of very clever Internet marketers have taken the funded proposal concept and turned it into a complete online business system in its own right.
Funded proposal systems offer Internet home business owners a number of business-building services for a low one-time or monthly fee.
When you join a funded proposal system, you will receive a standard website and be able to add your own network marketing or affiliate marketing links to it. Then, instead of promoting your all of your different products and services, you can simply promote the funded proposal system via a single link or splash page.
Now, every time somebody joins through your link you will earn a small commission from the system, and the new member will be introduced to all your links and encouraged to sign up to them so as to be able to promote them on his or her own affiliate funnel system.
A professional affiliate funnel system will always give the customer the choice of adding his or her own links to the system, or simply joining the downline of the affiliate through whose link he or she joined.
Many people have found that it is much easier to work with the funded proposal system to earn some cash on the front end, and sell their main business on the backend to prospects who join the system. It is certainly an intelligent way of promoting any online business as it gives you far more opportunities to make money and a higher probability of making sales as much of your selling is to a warm market.
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