Here is what most people do when they learn how to market online and generate their own leads. They only offer them their business opportunity. This is a huge problem. Here is why:
1. 95% of the leads that you generate are not going to join your business. (This is an industry statistic) For whatever reason, whether that be financial or timing, most people are just not going to be ready to join your business.
2. If you are spending money to generate your own leads, you better be good at bringing new distributors into your business.Because if you don’t, you could be out of business very fast.
So what do you do with 95% of the people that don’t join your business? You offer them products/services that are going to benefit their lives. This is called the Funded Proposal. I remember when I was a complete newbie. When one of my mentors offered a product that was going to help me grow my business, I was more than happy to buy it. Let’s face it, if you are not willing to invest in your education, don’t expect to get anywhere in your business. You must always be developing yourself. This is after all, a competitive industry.
You don’t even need your to make your own product. You can promote other people’s products. There are lots of affordable products that you can promote in the home business arena. Products by Mike Dillard and Jonathan Budd have always delivered in value. Products that you can earn a 50% commission on.
If you don’t want to promote digital products such as ebooks/video courses, you can always promote an attraction marketing system/coaching program. When you refer another member to one of these programs, you can earn a 50% commission every month a person that you refer stays with the system or coaching program.
I don’t encourage anyone to spam their list or Facebook/Twitter friends with products or services. I only introduce products or systems/coaching programs to people in a way that it makes sense for people to take action upon. You can promote a product by speaking about what you thought the product/service helped you with and how it can help your followers. People take action upon reason. They don’t buy a product because it is a good product. They buy it because they believe it is going to help them reach their goals in life. Isn’t this the primary reason we are in this industry anyway?
Another thing that you can do is offer your own consulting/coaching. You can charge an hourly rate and provide coaching to the leads who need help with learning how to market their business online. As soon as I started thinking like an Entrepreneur, not just a network marketer, I started making way more money in my business.
I hope you enjoyed the information. Feel free to leave me any comments/suggestions.
Wishing You Happiness and Success,
Steven Saliba
P.S. If you are currently generating your own leads, I hope you are offering them information products that are going to help them in their business and lives.






7. April 2010 at 7:34 am
Hi Steven
Great information and so true! I have promoted the idea of creating a Funded Proposal for everyone in my network for years. I recently created a video titled: The Power Of The Funded Proposal which is on my website: http://www.ChadMageau.com Anyone can create their own Funded Proposal with a simple tweak to their business plan and by doing so can create multiple streams of income as well as multiple JV opportunities down the road.
I look forward to more great information from you.
Chad Mageau
Chandler, Arizona
Chad Mageau´s last blog ..Network Marketing 101: What’s In Your Tool Box?
7. April 2010 at 10:10 am
So true Chad. The Funded Proposal is very powerful. It’s all about being an entrepreneur. Not a network marketer.
7. April 2010 at 8:54 pm
Thanks, todays information has been great! thanks again!
8. April 2010 at 5:05 am
Your welcome Ashish. I am glad you found the information beneficial.
8. April 2010 at 9:03 am
This was some really good stuff for me that would very nice to move into that stage. Thanks Admin
9. April 2010 at 2:42 am
good point steven and that is the beauty of online network marketing. Even if 2 percent join your primary business opportunity , you can still benefit from the remaining 98 percent through affiliate marketing and of course a building a relationship is a must. thanks
10. April 2010 at 9:51 am
Thanks for the feedback.