Each lead generation technique usually has a tradeoff between quality and quantity. For example, a form on the company website that visitors can fill in to request a call back will generate high-quality leads – these visitors are very likely to buy since they're interested enough to want to hear more – but probably won't generate a lot of leads. On the other hand, a lead list that's based on a newsletter subscription list from another company may generate a lot of leads, but they won't be nearly as interested or qualified.
MLSP is run by Brian Fanale and Norbert Orlewicz. David Wood created Empower Network. Mike Dillard launched Magnetic Sponsoring, which went through a brand shift, was sold off, and is now in the hands of Tim Erway as Elite Marketing Pro. Net Divvy was created by Vince Reed. Now IPAS is on the scene under the helm of Chris Campbell and Chris Jones.
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Write articles or blogs. Writing is an effective way to get in front of your market through other people's websites, and your only cost is that of your time in writing. The key to writing an article or blog that another site will run is to make it useful and informative, but not advertorial. As a network marketer, you have two types of articles and markets: The first is related to your product or service. If you sell candles, for example, then write a Valentine's Day post on creating romance with candles or something about how candles can improve mood. The second option is related to direct sales and the MLM business. For example, you can write articles about how your MLM career changed your life or how to be successful in direct sales for lifestyle and business websites. Just know that most places won't want you to directly promote your business within the article, but they may allow you to include a link to your website in your bio.
Salespeople and marketers like to talk about the funnel. The funnel is a way of describing all of your business’ potential customers, and how some of them will evolve into actual customers. The top of the funnel (TOFU) is full of leads — potential customers, most of whom are just trying to find solutions to the problems they’re experiencing but who may not be ready to purchase right away. The goal is to help guide as many of those leads as possible through the middle of the funnel (MOFU), where there is more interest in your product or business, to the bottom of the funnel (BOFU), where fewer people remain, but they’re the ones who are ready to do business.
Lead generation is the method of getting inquiries from potential customers. In the old pre-Internet days of sales, lead generation occurred at places like trade shows – visitors to a company's booth would fill out a card with their contact information and turn it in to receive a call back from that company's sales team. Since the rise of the Internet, many businesses use their websites as a lead generation option. Email also offers lead generation potential, since companies can buy another company's email marketing list or pay them to promote the company on their own marketing emails.
When you’re brand new, starting with your warm market and then moving on to the traditional MLM marketing techniques is usually a good route to go. But eventually you’ll go through your warm market list and run out of people to call. Eventually you’ll get to a point where you’ll want to move the business away from you so that you can literally do whatever you want whenever you want (TRUE time freedom).
Annie Meachem, author of "Attraction Marketing," suggests that a business owner answer a list of 30 questions to find out if she is capable of successfully launching an attraction marketing plan. The list includes being aware of your "unique selling point" in your market, the ability to identify your ideal client and letting go of "limiting beliefs."
Elite MLM Leads views MLM lead generation and conversion from a prospect's point of view. While other home based business leads companies claim they have the ability to generate quality network marketing leads that convert, it is usually because they have highly-specialized expertise that, at best, improves your overall recruiting efforts incrementally.
Get them to watch a company presentation and then ask them what they liked about what they saw. One of the, if not THE, best question to ask a bought MLM lead is: “What has recently changed in your life that has you open to a home business?” This question is frigging awesome to get them to open up. If your upline has not provided you with a place to purchase MLM leads for practice and to work with, I have a partnership with Responsive Data where you can buy MLM leads on this site. I have personally bought from this site and the leads are good quality but like I said, you STILL have to treat them like a lead, not a laydown sale. My favorite type are the local leads as I think it is a bonus if I can say I live in their area.
Once you are ready to buy leads, understanding which lead product is best for you is the next step. Are you interested in calling leads when their interest is at their highest? Then you will want to purchase Real time leads. Are you just getting started and want to get a lot of practice and build your list with a lesser investment? Then, the discounted, aged leads may be better. Test them out and see what works best for you.
Unsurprisingly, the more revenue a company has, the more leads they generate. The differences are most drastic at the highest and lowest end of the spectrum: 82% of companies with $250,000 or less in annual revenue report generating less than 100 leads per month, whereas only 8% of companies generating $1 billion in annual revenue report less than 100 leads per month.
Leveraging a lead generation and management system can help you increase conversion rates — how many leads turn into opportunities and, ultimately, sales. As crazy as it sounds, when you’re just starting out and can count your customers on one hand, dropped leads are a real problem for growing businesses. Lead generation software can help not only with finding new leads, but also with keeping track of who they are, how to reach them, and how you found them in the first place.
While in recent times attraction marketing has been closely tied to MLMs, it has been used for years by major corporations. For example, commercials where a celebrity claims how well a beauty product has improved her skin or hair. In the past, corporations were the only ones that had access to a larger market due to substantial advertising budgets. Nowadays, the Internet, infomercials and organized groups that have developed, tried and tested methods of drawing customers in this way have made it simpler for even small businesses to benefit from attraction marketing.
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Not everyone is good at getting leads on Facebook. I learned I’m not good at using funnels to get Facebook leads – despite spending a lot of time and money on it. That’s why I hired Luciano through a freelancer website. He was the only guy there who did funnel consulting. He was not just a consultant. He helped me through some down times when I lost some income due to affiliate marketing changes and was scared I might need to get a job.
Many MLM companies recommend starting with a list of 100 people you know, called your warm market. Although it's not a bad place to start when looking for customers and business builders, the technique could also backfire and get to the point where you're annoying friends and family. You're better off spending your time finding people who are interested in what you've got rather than trying to convince your commuting buddy to sign up when he doesn't want to.