Are you wondering what a Funded Proposal is? The funded proposal concept is based on charging your prospects for an inexpensive front end service or product. In the world of internet marketing this could be a training program or the latest internet secret software. The three main uses of a funded proposal: downline retention,
upfront money, and the ablility to build a list of highly qualified leads.
Whether you are aware or not, 95-97% of the people that you tell about your primary business are not going to join you.. You have to have a way to make money from the prospects that don't want to join your keyopportunity. By offering your own product or by promoting an affiliate product, you can
earn upfront capital to build your primary business. This way you can get paid to prospect and stop spending more money than you are making.
You can maintain your reps in your business by having a funded proposal. Showing your downline how to make money right away can help them afford to stay in your organization past the usual 60-90 days. Then you will be able to train your reps that you have instead of always recruiting to replace the reps that are leaving your business.
You can build a list of very qualified with a funded proposal. Once a person buys your product or service, they become part of your list. Because you recommended a quality product or service to them they will begin to view as as someone they can trust. When you do this a propect is more likely to buy from your again and may even join your main business.
How do you set up a funded proposal you ask?It is not needed to do it own your own. There are a multitude of systems on the market. Make sure that you join a system that already has the funded proposal in place. Your also want to join a system that will brand you as the leader. You also want to look at the other members of the system.
You want to be in the company of people that are on top of their game. You want to be able to rub shoulders with leaders who are having the kind of results that you would like to see for yourself. Dupicatability is very important - you want the members in downline to easlily be able to do what you do.
A funded proposal is not intended to become a revenue stream but it can be. Especially if your funded proposal system has multiple affiliate products that you can earn money from. Whether you are new to the network marketing industry or even if you are a veteran, a funded proposal can mean the difference between making it or not in this business. A funded proposal is a key factor in helping you stay afloat while you are
building your business.
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