Strategic Internet Marketing: Trying To Break Even In Network Marketing
For new network marketers, staying long enough to break even is a common problem. The main reason people take part in this industry is for the “easy” money. However, luring a certain number of people into your business to break even is harder than it seems.
There is a concept that is fairly unknown to most inexperienced marketers called a funded proposal or sales funnel. Essentially it is the most efficient way to stay in business long enough to actually build a decent sized organization.
Here’s the breakdown: As you gain leads, they are put through a funnel that permits you to make sales with a variety of affiliate products. However, keep in mind that these aren’t arbitrary affiliate products that have the highest commission rates. They are distinct products directed for your lead.
Picture this. You have 10 leads a day going through your sales funnel with commissions five times a week. However, only two of your leads buy the same product with a commission rate of twenty dollars per sale. In this scenario, you make $800 in one month. This boils down to only ONE affiliate product in your sales funnel with two people a day purchasing.
It’s unbelievable how much of a difference a funded proposal makes in a struggling business. The opportunity to actually see a commission e-mail in your inbox makes a world of a difference when you have spent the past year for one or two sign ups in your main opportunity.
Statistically, 95% of people will say “no” to your opportunity but don’t be discouraged. What if there was a way to beat the odds and cut the 95% to 85% or 75%? Wouldn’t it be valuable to understand a funded proposal and effectively gain more leads? I would say YES! This could give you enough time to make enough money and finally break even.
Learn more about a sales funnel. Stop by Kevin Tan’s site where you can find out all about his internet marketing strategies blog and what it can do for you.
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