What is a Funded Proposal? A funded proposal concept is based on charging your prospects for a low priced front end product or service. In the internet marketing world this could be an e-book or software that will help your prospects in their online business. There are three main benefits to having a funded proposal: Up front capital to help you build your business, Downline Retention, and the ability to build a list of highly qualified leads.
Believe it or not, 95-97% of the people that you speak to are not going to join your primary business. You need a way to profit from the prospects that tell you no. By offering your own product or by promoting an affiliate product, you can earn upfront capital to build your primary business. You can also begin to stop spending more money than you are actually making.
Having a funded proposal will also help you to maintain your downline. If you can help show your downline a way to get into profit quickly then they can afford to stay in your organization longer than the typical 60-90 days. Therefore, you can spend more time training your reps to duplicate your efforts instead of constantly recruiting to try to replace the reps that are dropping out of your organization.
A funded proposal can also help you build a list of qualified leads. Once a person buys your product or service, they become part of your list. They began to view you as a leader because you recommended a quality product to them that is helping them in their business. Because of this they are more likely to buy what you recommend in the future or maybe even join your primary opportunity.
Well now you may be wondering how to set up a funded proposal. You don’t have to necessarily do it yourself. There are many marketing systems available. Make sure that you join a system that already has the funded proposal in place. Also, make sure that the system that you join brands you as a leader. You also want to look at the other members of the system. You want to be in the company of people that are on top of their game. You want to able to network with people who are having the kind of success that you want to have. You also want to join a system that is duplicatable – this one of the keys to building a successful network marketing business.
A funded proposal is not intended to become a revenue stream but it can be. Especially if your funded proposal system has multiple affiliate products that you can earn money from. If you are a newbie to network marketing or even if you are not new and are struggling in network marketing, a funded proposal can mean the difference between surviving or failing in network marketing. A funded proposal is a key factor in helping you stay afloat while you are building your business.
To Your Prosperity!
P.S. – Do You Need A Funded Proposal? – Click Here!
Comments