If you're a typical networker, distributor or business promoter, you are probably walking around with an application form. Here's your offer in 5 words: "Wanna Join My Business Opportunity"?
Most networkers ask prospects to sign up to their "new" deal. They convince their buyers to get this hottest new product in town. They explain compensation plans, and retail bonuses and company profiles.
And you know what, its boring.
Meanwhile, professional big time, rich networkers, direct sellers and business promoters have one thing in common: They know how to "fund" their marketing campaign. They know how to get paid even if no one joined their biz opportunity.
In other words, the great networkers know what a funded proposal is. Instead of running around town and asking people to join your MLM or business opportunity, a funded proposal places your entire offer inside an information product...
Hmm. Too advanced?
Let me give you an example. In the early 90's, some Herbalife distributors actually STOPPED promoting the Herbalife business opportunity.. Instead, they advertised and retailed an info product called Herbalife Kit. The Herbalife kit contains samples of Herbalife products, information on how to join, compensation plans. Information..information and more information!
That's a funded proposal! A funded proposal is in place when you retail an information product, and inside that info product are details about your business opportunity!!
Another example:
Mike Dillard is one of the richest online marketers nowadays. He uses the funded proposal. He has a semi-MLM program called Magnetic Sponsoring Affiliate Program. However, not ALL people can understand how that program works. He probably realized that the last thing that people will do is sign up to another online MLM.
So here's what Mike Dillard did: He created a book called Magnetic Sponsoring - and instead of promoting his MLM deal, he sold information (book form) to people instead! And inside that info product are details about his business opportunity.
(The guy rakes in and earns more than $50,000 a month. Go and Google him).
The beauty of the funded proposal is that you can earn money even if no one joined your opportunity. When I used this method, my business grew and I never had to advertise my opportunity again. This is how you can make money in this industry. People are constantly seeking new information and when you position yourself as an expert who is providing useful knowledge to prospects, they will usually jump at your offer!
You can go and search the internet about the funded proposal method. I'm sure you'll get lots of interesting insights that will help you grow your MLM business.
