Let’s be honest here, most network marketers have a hard time surviving internet marketing because they just don’t have the proper funds at their disposal. If you had a more lenient budget, how much more could you do to build a huge downline in your business? How much faster would you be able to expand your marketing campaigns? I’m confident enough to say we could all use a little bit more cash in our pockets.
What’s the solution to this? How are you going to be able to make money if no one is signing up in your business? The answer is a funded proposal. Essentially, a funded proposal is a series of affiliate products lined up to make commissions even if no one joins your primary business. Almost all network marketers currently have a company they represent already so you will have to abide by the law of large numbers.
These affiliate products are helpful in two ways. First, they put cash in your pocket. The more cash you have in your budget, the longer you can stay in the network marketing industry. Secondly, they are designed to help you prospect in some manner. Some affiliate products focus on personal development while others are designed to be used as tools in different marketing strategies. Whatever affiliate products you choose to place in your funded proposal, keep in mind these must be beneficial to your prospect at the same time.
You will be using the law of large numbers when funneling people into your funded proposal. This means that you must be able to generate tons of leads in order to make large commissions through your affiliate products and hopefully get some sign ups into your primary opportunity. Unfortunately, many network marketers only rely on their primary opportunity and don’t generate enough leads to get a significant number of sign ups.
If you begin implementing a funded proposal and learn effective marketing strategies to generate tons of leads, you will be able to make some necessary commissions that literally transform your approach to your business. Seeing your account grow even when no one is joining your opportunity is exciting and gives you momentum to keep working to build a huge enterprise.
After you set up your funded proposal, you will need an automated system to bring your prospects through the different affiliate products and start offering them solutions to their problems. You will begin to develop a more intimate relationship with your prospect and have a higher chance of bringing them into your primary opportunity. Remember, people only do business with people that they like and trust.
There is no reason why you can’t survive internet marketing with a strategically planned funded proposal. The commissions you make off these affiliate products allow you to stay in the industry longer and stay on course to build a successful enterprise. Using the law of large numbers, you can make a lot of money using this strategy and eventually create a residual income in your primary opportunity.