What is an MLM Funded Proposal and How Can it Fuel Your Business?

Jan 13
2009

Because of the MLM funded proposal many network marketers are now creating great wealth on line. Without it, many would have been out of business within a few months.

So, what is it and how does it work. Quite simply, it is selling something to your prospects that they need, whether they join your business or not, thus generating income for you.

If you’re involved in a MLM business and you’re trying to build it online, you know by now that your cost of doing business is more than the affiliate fee you paid to join the company. You have website hosting fees, web page development fees, autoresponder fees, training courses, books and educational materials, various types of phone related services, transportation expenses to attend company events and much more.

These expenses can get into the hundreds of dollars per month. Unless new affiliates are successful in generating income very quickly, these expenses will put many of them out of business within a few months. This is where the MLM funded proposal comes to the rescue.

Let’s get a little more specific on how the MLM funded proposal is integrated into an online marketing program.

Most top earning network marketers, who build their businesses online, make use of a lead capture pages and an autoresponders. There is a bit more to it than that but for the purpose of discussing the funded proposal, we will focus on these couple things.

The purpose of the lead capture page is the get prospects to opt into a mailing list. This is accomplished by offering the visitors to the page some information of value for subscribing to the list, perhaps a network marketing training program of some sort. Once the prospect opts into the mailing list, the autorepsonder kicks in. The autoresponder sends out pre-written emails to the subscribers over a set period of time.

It is in this series of scheduled emails that the network marketing business owner can recommend products that can help the MLM prospects achieve success more quickly. The sale of these products generates income for the business owner and ,in a sense, funds his marketing campaign and business expenses. The information which is sold can either be created by the MLM business owner or buy someone else who pays an affiliate commissions to those selling the products. There are many products available to network marketing business owners, where they can earn an affiliate commission.

Smart network marketers will choose their products carefully, being sure to only sell products that they believe will truly offer value to their prospects. They know if they sell junk to their prospects, that they will no longer remain prospects as it would cause them to lose their trust and confidence.

A major component to having success in network marketing is to foster long term relationships with a large number of prospects. Therefore, network marketers should always seek to provide real value to their prospects whether that value is given free or through the recommendation of a great product.

In the end, the ultimate goal is to recruit more people to join your business opportunity and thus create for you a long term residual income. Having a good MLM funded proposal program can help keep you in the game, until you can see that goal accomplished.

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