Funded Proposals: Will People Actually Pay You to Become a Prospect?

If you’ve never been exposed to the concept of having someone pay you to become your prospect, then stick around for this important news flash. If you take away only one piece of information from this discussion, let it be this one. It will revolutionize the way you do business and do wonders for the  health of your bank account. The concept of a funded proposal isn’t overly complicated, but it is extremely effective.

Let’s get started.

I’m sure that you are familiar with the concept of offering something of value to people in exchange for their contact information. You give them access to a free report, video or webinar series as a thank you. It’s a classic and universally accepted way to build your list of prospects. You yourself  have probably signed up to a list or two just for the free gifts, and probably ended up making a few purchases as a result.

But expanding on this, what if you offered a quality product or service at a reasonable price that was in some way related to your business, products, or services? By purchasing something from you beforehand, a prospect who later becomes a customer has proven himself to be a better qualified prospect for your primary business than those who are just looking for a free lunch.

In a nutshell, this describes the concept of a funded proposal. You offer a product or service of exceptional value at a reasonable price. This will accomplish several things:

1. You  add a highly qualified prospect to your list.
2. You make money from the sale.
3. The prospect will love the product they bought from you and will come back for more. Even if they don’t join your primary business opportunity, more often than not, you will make additional money from that person.

The main goals of the funded proposal are to establish positive cash flow from the outset, as you start to grow your MLM business, to keep a steady flow of cash coming in as the business grows, and to build a list of pre-qualified prospects for your primary business. Since your buyer has already demonstrated interest in what you’re offering by spending their hard earned cash on your product, you know there is a better chance this person will join your primary business than someone who just wanted to take advantage of some free offer. By showing that they are willing to invest in something related to your business or products, they have proven themselves worthy of your time to pursue.

Don’t get me wrong,  I have nothing against offering things for free. Good free products generate leads too, and plenty of interest. But the products you sell through your funded proposal system are going to produce more positive results in the long run. As far as being a component of  your marketing plan, the funded proposal for most MLM business owners is not just an option – it’s a absolute necessity!

If you’re interested in learning about how to integrate a funded proposal system into your network marketing business, you can learn every detail by taking a look at Magnetic Sponsoring by Mike Dillard. One of the focuses of the Magnetic Sponsoring system is using funded proposals because they make it so much easier to establish and maintain momentum, especially during the crucial early phases of your businesses growth.

The point is not to let this pass you by – using funded proposals will make a huge difference in your MLM business.

Mark Freeman

Success in Motion

www.successinmotion.ws

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1. What is Magnetic Sponsoring?
2. Becoming an Expert for Your Customers with Article Marketing