Self-Funded: How to Get Paid to Prospect, Even When People Don’t Join Your Team! . Part 1 here.
The fastest and the most profitable downline building is “retailing” a high volume sales inexpensive information product such as Magnetic Sponsoring on the front end to fund your advertising and increase your cash flow instantly. Recruit later. In this way, you can afford endless advertising which means you can generate endless leads and thus you can sponsor more distributors.
The big earners in networking industry are retailing books, CDs, MP3, leads, websites and training all day long. They are collecting cash from CDs, courses and website subscriptions. They are selling their M1M on the back-end because they know it takes time to grow a downline.
Look, it is much easier to make $500/mth retailing through direct response/direct email than it is to build a $500 residual recruiting.
It is easier to turn those retail customers into reps when a relationship is in place. Even if they don’t join, you make money every day as you provide them information that is beneficial and useful.
Everybody wins!
So here is how I use the Magnetic Sponsoring system to help me build my primary business which is your primary goal too.
1. I joined Magnetic Sponsoring as an Affiliate member. That allows me to set up my Magnetic Sponsoring back office which I will go more into details outside of this series. This gives me several links which I could promote including the following:
Landing Page which is the Magnetic Sponsoring replicated site. I cloak it to show my own address in the address bar of the Magnetic Sponsoring replicated site. This is a very important step to take in order to protect your commissions.
Create a good generic domain name via a domain seller. There are several out there in the market. I use GoDaddy. A domain name is one of the most important decisions you will make when designing your marketing campaign.
Find a web host to serve your own WebPages on the net. I use Host department for my web hosting.
Again, I will show you a video on how to set up the above in another series outside of this course.
2. I endorse the various products of Magnetic Sponsoring by advertising which will get me in touch with other network marketers and people looking to start a home business. I just introduce myself via email or phone call when they opts-in to my capture page and Mike Dillard will take on from there to promote on my behalf.
3. As of right now, you have 5 to choose from for your lead generation capture page:
The “10-Day Magnetic Sponsoring Boot Camp”
The “MLM A-Bomb”
The “MlM Traffic Formula”
The Black Belt Recruiting Formula
The “Building On A Budget”
These are generic “solution driven” pages that you advertise to generate leads and contacts, and it is the gateway to your marketing pipeline. Each time someone opts-in to any of the above capture pages, they are added to the contact manager in your magnetic sponsoring back office, and are essentially a new lead that you’ll want to contact ASAP.
4. The Magnetic Sponsoring Newsletter. Mike delivers a state-of-the-art auto responder. Every day for ten days, your prospects will receive both video and text-based email. After that, the newsletters are delivered less frequently but have valuable content that will benefit your prospects.
The system retails for you 24/7 automatically, putting money into your pocket.
The great thing about Magnetic Sponsoring is that you can keep doing what you’re doing to promote your current MLM opportunity (which is your primary goal), but now we will just enhance that process with the retail power of Magnetic Sponsoring.
Stay tune for the last part on this subject.