How To Get Paid To Prospect And Generate Endless Leads
Building a list of highly targeted prospects, and having the tools necessary to attract leads is not an option if you want to build a successful home business online.
The key is to put every piece of the list-building process on autopilot, so you can develop a non-stop flow of prospects, leads, and cash flow, even while your sleeping.
But there are two things to realize:
One, establishing a residual income from your business opportunity takes time, because your first step is to build a relationship with your prospects and then present your opportunity gradually.
They don't care to hear about your company and it's compensation plan or products (yet).
And two, not everyone that joins your list will decide to buy your products or join your business opportunity, just like the leads you've called in the past.
This creates a huge potential pitfall for you. While you're paying for your advertising and waiting for the timing to be right! for your prospects to join you, the clock is ticking.
Unless you have a big advertising budget (which most newbie marketers don't), or you're already a master at sponsoring people, you're going to lose money while you go through the learning curve of building your business.
You could sink before you start to sail.
In other words, you need money NOW, and not months or years down the road.
Majority of the marketers advertising their business opportunity first are going to lose all their money placing ads, LONG before they make any profit. (Did I mention that 97% of people in this industry fail within their first year?)
So the question is, how do you survive?
Well, let me ask you a question that may sound ridiculous to you at first.
What if... you could actually get paid to advertise and generate leads?
Sound crazy?
In his Magnetic Sponsoring book, Mike Dillard talks about a concept called a funded proposal. It'! s a formula where you advertise an inexpensive, generic produc! t that u ltimately generates money for your advertising.
The money you make from the sale of this retail product is put back into your advertising budget. This allows an ENDLESS amount of advertising at no cost.
It's much easier to sell an inexpensive, generic product to your leads than it is to sell a higher priced company-related product or a business opportunity. Which means you generate leads non-stop at no cost because your making money today through the sale of your front end product.
Now here's the best part of this whole concept.
The people that purchase your generic information product are highly qualified prospects. When your customers purchase your retail info product, they're essentially paying you to become your leads!
After they purchase the front end product, you can then "up sell" them your higher priced products or business opportunity as your back end.
It's going to be ten times easier to sponsor these people than random! cold leads who never bought anything from you. The only key is that the information product you sell on the front end has to be generic, inexpensive, and related to business.
So how do you come up with a generic information product to sell to your potential business partners? The best way is to use someone else's product and sell it as an affiliate.
There are numerous information products being sold on the internet for home business owners, and you can earn commission for referring sales. Do a search on Magnetic Sponsoring, or search through Clickbank to find a product that would appeal to potential home business owners.
- Shiraz Khan
To learn more about Shiraz and how to build a successful home business with free training, visit www.MeetShiraz.com
About the authorShiraz Khan is a 27-year-old marketing expert.To learn more about him and his free home business training, visit http://www.MeetShir! az.com Shiraz Khan is a 27-year-old marketing expert.To learn more about him and his free home business training, visit http://www.MeetShiraz.com
Source: http://www.articlebin.com/view-"How_To_Get_Paid_To_Prospect_And_Generate_Endless_Leads"-84299.html
Home Based Business Articles Blog
The key is to put every piece of the list-building process on autopilot, so you can develop a non-stop flow of prospects, leads, and cash flow, even while your sleeping.
But there are two things to realize:
One, establishing a residual income from your business opportunity takes time, because your first step is to build a relationship with your prospects and then present your opportunity gradually.
They don't care to hear about your company and it's compensation plan or products (yet).
And two, not everyone that joins your list will decide to buy your products or join your business opportunity, just like the leads you've called in the past.
This creates a huge potential pitfall for you. While you're paying for your advertising and waiting for the timing to be right! for your prospects to join you, the clock is ticking.
Unless you have a big advertising budget (which most newbie marketers don't), or you're already a master at sponsoring people, you're going to lose money while you go through the learning curve of building your business.
You could sink before you start to sail.
In other words, you need money NOW, and not months or years down the road.
Majority of the marketers advertising their business opportunity first are going to lose all their money placing ads, LONG before they make any profit. (Did I mention that 97% of people in this industry fail within their first year?)
So the question is, how do you survive?
Well, let me ask you a question that may sound ridiculous to you at first.
What if... you could actually get paid to advertise and generate leads?
Sound crazy?
In his Magnetic Sponsoring book, Mike Dillard talks about a concept called a funded proposal. It'! s a formula where you advertise an inexpensive, generic produc! t that u ltimately generates money for your advertising.
The money you make from the sale of this retail product is put back into your advertising budget. This allows an ENDLESS amount of advertising at no cost.
It's much easier to sell an inexpensive, generic product to your leads than it is to sell a higher priced company-related product or a business opportunity. Which means you generate leads non-stop at no cost because your making money today through the sale of your front end product.
Now here's the best part of this whole concept.
The people that purchase your generic information product are highly qualified prospects. When your customers purchase your retail info product, they're essentially paying you to become your leads!
After they purchase the front end product, you can then "up sell" them your higher priced products or business opportunity as your back end.
It's going to be ten times easier to sponsor these people than random! cold leads who never bought anything from you. The only key is that the information product you sell on the front end has to be generic, inexpensive, and related to business.
So how do you come up with a generic information product to sell to your potential business partners? The best way is to use someone else's product and sell it as an affiliate.
There are numerous information products being sold on the internet for home business owners, and you can earn commission for referring sales. Do a search on Magnetic Sponsoring, or search through Clickbank to find a product that would appeal to potential home business owners.
- Shiraz Khan
To learn more about Shiraz and how to build a successful home business with free training, visit www.MeetShiraz.com
About the authorShiraz Khan is a 27-year-old marketing expert.To learn more about him and his free home business training, visit http://www.MeetShir! az.com
Source: http://www.articlebin.com/view-"How_To_Get_Paid_To_Prospect_And_Generate_Endless_Leads"-84299.html
Home Based Business Articles Blog
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