By: Terry Duff
One of the biggest advantages to creating an MLM attraction marketing system is that you are setting yourself up for two things: (1) to monetize MORE of your leads / prospects, and (2) to bring in more ongoing revenue from each prospect. Here’s why … and here’s how it works.
Many people operate under the mistaken impression that if they don’t “close” a prospect immediately, that they never will. This might have some truth if you are marketing your company or your company’s opportunity. If you are using an MLM attraction marketing system, however, you will bring more prospects into your business and you will make more money on average per prospect.
The concept behind MLM attraction marketing is simple. You are trying have people seeking YOU out, instead of you having to chase people. It is meant to eliminate the “convincing” component to most MLM marketing plans. You know what I’m about — approaching pe/ople and having to twist their arm to get them to agree to join your business.
That kind of tactic may have some success, but it will also result in poor retention rates and lower average revenue. When you attract people into your business, though, you are going to get MUCH higher retention rates and much better average revenue per person.
In an MLM attraction marketing system, you gear your entire system around offering people a solution to a problem or satisfying a need that they have. Instead of telling people how much money they can make selling a super-vitamin, you may advertise that you have the solution to feeling run down and sluggish. There are a lot of people out there who have that issue. When they find you because you — as an expert — have information about that issue, then they will want to submit their information and learn more about it from you.
So then when those people get on your list, you will give them information and a solution to what they were already looking for. This is the type of prospect that will not only be more likely to join your business (at least to consume your product themselves), but also who will fall in love with your product and continue to consume it over a long period of time. This is where you will generate an ongoing revenue stream. This is where you MLM attraction marketing will really pay off for you.
You want to keep your relationship — the trust you’ve built with all of these folks — going. So even after you’ve brought these great leads into your business, you want to use your autoresponder and continue to provide them great content. You can also market other and additional things to these folks as time goes on. Those who already trust you and love your product are great prospects to buy more from you in the future.
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About the Author
Terry Duff is a well respected home based business training specialist and business builder himself. He has grown several different home based business using the same “underground” techniques that he shares in his highly sought after free reports. To claim your free copy of “How To Create Your First 6 Figure Month In Network Marketing” head on over right now to http://www.TerryDuff.com – To date, he has helped more than 100,000 home based business owners in more than 30 countries.
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Article Source: http://www.articlesbase.com/ – Why Attraction Marketing Is The Key To Ongoing Revenue
Amazing blog and very interesting stuff you got here! I definitely learned a lot from reading through some of your earlier posts as well and decided to drop a comment on this one!
Anyways, I just signed up for your newsletter and will definitely come back for more. Feel free to do the same for my blog when you get a chance!
All the best,
Dino Vedo
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