MLM Funded Proposal – Part 3 Affiliate Marketing
Affiliate Marketing is the engine that drives your MLM Funded Proposal. Let’s face it, the goal is to earn money and most profitable method to do so is to sell a product. But first, you have to earn the right by building rapport. Through email, you can frequently give valuable and helpful informatioin that assists your list of prospects in their network marketing promotional efforts.
By incorporating some offers in your funded proposal, you generate the cash needed to continue and grow your marketing budget. You market to and, most likely, earn money from the 95% of prospects who will not join your primary mlm opportunity. This is the MLM Funded Proposal. Building a downline means getting new leads. But, that is costly and time consuming. It is easier to sell to satisfied customers than it is to create new ones. The money made from affiliate sales finances prospect acquisition.
Your list is your most profitable tool and you need to appropriately manage the relationship. Do not constantly send them just offers. Sprinkle them in with the useful information that you give away for free. When you have earned their trust and you have separated yourself from the thousands of other internet marketers, they will respect being kept up to date on the latest tactics, information, and methods, buying from you again and again.
Determining which affiliate products to promote is very important. Remember to keep it compatible with your main niche or product. Marketing to the wrong segment with wrong offer will send the wrong idea. It demonstrates a lack of marketing expertise and damages your brand. Don’t mistreat or take your list for granted. It is just as easy to opt out of a list as it is to opt in. There is plenty of competition out there. Give value first, make offers second.
You should find 5 good products to promote that fit your theme or niche market. Clickbank.com is a great site to start finding products to market. New products are increased daily. Research the affiliate products to see if they meet your leads needs. Find out the affiliate payout percentage. You want to market a product that pays you for your marketing efforts. You may need to purchase many of the products to determine the true value.
Once you find several products, you can build your marketing strategy using lead capture pages, autoresponders, and affiliate sales pages. Create an email course that solves problems and makes recommendations. If only a small percentage of your leads take the offer, your financial position improves. Find out what your prospects want and over deliver value with information and relevant offers.
At this point, you have not approached your prospect with your main network marketing business. You are preparing them to be effective network marketing business owners. You are testing their belief both financially and personally. The average network marketer usually mentions their primary network marketing business too soon. But, using the funded proposal, you walk the lead through a process of training, testing, and sorting until you find the ones who want to be a member of your team, who believe in you and have experience with your funded proposal process. Duplication.
Affiliate marketing provides the offers to your prospects, but also provides you with the training that you need to build your MLM company. Be a product of the product. If your prospects need training, you probably need it too.