Most network marketing systems today are based on the funded proposal model. If you are intent on
creating your own strategy for your network marketing business, using the funded proposal model
allows you to generate profit even if people don’t sign up with your company in the end.
What is the Funded Proposal Model?
A lot of network marketing businesses end up failing simply because their initial advertising
costs are greater than the profits their businesses are able to generate. The funded proposal model
was created to give network marketers a way to offset advertising costs and earn money as well even
if people decide not to join their network marketing company.
Elements of a Funded Proposal
A funded proposal takes time to create because you’re devising a strategy that has to be
duplicable and able to work for all types of network marketing companies, products, and services. A
funded proposal is also designed to help solve problems that commonly beset network marketers. Your
funded proposal will be effective if it possesses the five essential elements stated below.
Business Building
Funded proposals must include time-tested and proven strategies for building a network marketing
business. Establishing your business online will always include building a website and making use of
various Internet marketing tools to generate website traffic. Your funded proposal must help network
marketers achieve their business building goals without hurting their pockets too much.
Prospect Listing
Another important factor to incorporate in your funded proposal is prospect listing. You should
teach your affiliates the best ways to create a prospect list for their own business. And of course,
this step must be accomplished within the person’s budget.
Lead Generation
Funded proposals must also eliminate the need for buying MLM leads. Funded proposals must include
tested and proven strategies for lead generation. Getting high quality leads is more likely if
you’ve generated them through your own efforts. By giving affiliates full control on how to
generate those leads, you’re also giving them the opportunity to have access to leads that are
tailor-made for their business.
Leadership and Support
Funded proposals also require interaction between the proposal creator – that’s you
– and its subscribers. You must accept and embrace your role as a leader to them if you wish
for your funded proposal to work. As a leader, it’s your job to motivate them and give them
all the encouragement and support they need to attain their goals in network marketing.
The lead generation techniques your funded proposal taught them to use will give them access to
high quality leads, yes, but it’s your leadership and support that enables them to make
excellent use of those leads. Without appropriate skills, opportunities can still slip through a
person’s fingers. It’s your job to make sure that doesn’t happen to any of your
affiliates!
Their Profit
The success of your funded proposal would generally be based on the amount of profit it is able
to generate. Your proposal must also help network marketers earn money regardless of which company
they’ve joined or whatever it is they’re selling.
Your Profit
Lastly, and this is to ensure that you still earn money from your funded proposal even if they
don’t become a part of your network marketing business, remember to charge a reasonable rate
for access to your funded proposal system. If it’s as good as you think it is, people
won’t mind paying for it!
If you would like to find more information about how you can successfully grow your network
marketing business using the internet, follow the "Internet MLM Success" link in the resource
box.
