When I first got started in this industry I spend $2,000 of my own money (from my job) on advertising, company marketing tools, like magazines , DVD’s and post cards. And I didn’t see more than $200 in return. So I spend two grand to get two hundred. Yeah I know I was a real smart at business.
The sad thing is, I am not the only one with this story. But thankfully there’s a solution to this problem. Instead of breaking the bank to get prospects and leads. Your Prospect Pay You, through a funded proposal. A process where you get paid to prospect even when people don’t join your team!
What is a Funded Proposal?
A useful inexpensive (20 to 60 dollars) product that you sell on the front end to help you cover advertising expenses. Through that product (the back end) you plug your “real product or opportunity”.
Why do I need one?
- To fund your advertising Campaigns and increase your cash flow, instantly. By selling a retail inexpensive informational product on the front end you take your expenses to $0 and you can even make a profit.
- Builds Trust, because you gave them value (something that helped them). It’s easier to sponsor a customer than a stranger. You are giving them value tips, tricks, techniques etc. I don’t mean tell them how wonderful your company. It has to be something they will value.
- You build respect because you positioned yourself in the right way… as an expert a leader. By offering them more than a opportunity like everyone else. You stand out from the crowd because you offer a solution to their problem. You offer your help.
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Instead of trying to get reps through a bunch of hype that comes and goes. You can build real leaders before they even join your business. By educating them through your product.
- Increase your retention rate by getting your new reps into positive cash flow fast. Because then they can also use the funded proposal method and market a low cost product that gives them cash in their pockets right away. Creating confidence and momentum in your team.
- Takes your business to a level, that would take you years to achieve on your own. Because you are now able to give an competitive edge on your competition, blowing them out of the water.
- Generates you free quality leads. That have already build a relationship with you. Instead of buying cold leads that don’t have a clue who you are. Costing you time and money, with uncertainty of a return.
Who uses the funded proposal?
All the top leaders in the industry. Or should I say the masters of this industry. They don’t do home meeting, cold call or pass out flyers. The top leaders market information that serves as a filter or funnel that pre qualifies their leads while paying for their advertising.
Creating a never ending cycle of free leads and prospects for their networking marketing business.