It is usually very difficult to generate money for an enterprise and one of the toughest issues that faces many firms is selling. A lot of people think that it’s actually setting up an enterprise that is the hardest part, but promoting a business is by far the most complex and challenging factor. In social marketing these complications can really be overcome by embracing a funded proposal concept.
The entire idea behind marketing in a network marketing business is to get as many potential clients as possible , whom you then convert into leads and then sales. This is often a long, slow and complex process and of course the end result is always moderately unforeseeable. What occurs with many companies is that they run into financial difficulties before these promotional efforts can become cash flow.
A number of folk decided to one step outside the common coaching offers in the MLM business and welcomed the new notion of a funded proposal. In this idea the network marketer gets together as many potential network marketers as they can and takes them through a training session which helps them set up and become future network promoters under their own downline.
The greatest difference between this and the traditional technique is that the new network marketing expert who is inducted must pay a small charge for their training. The recruiter then uses those accumulated charges to cover any funding gap that comes by a slow-moving product or during their primary promotional efforts.
By adding this charge you continue to get leverage by coaching other team members who then become top product movers without using any of your cash, when you are not really sure of the result.
This is win-win situation. This way you do not have to depend on the money that your induct might or might not make for you in the future. Instead you need to use the money the new induct has paid for training which should satisfy your present needs till you can attract future prospects.
It’s this idea that started the whole idea of funded proposals and it has over a period proven to be terribly successful because it funds itself as it grows. The trick isn’t to charge the new recruit a huge amount of money for their coaching, as this can stifle your efforts and turn potential new sign ups away.
It’s essential to offer great product info and training to make this option work in the starting stages, and it is also essential that you find the correct candidate who will convert the coaching into leads and then sales it’s the sole way to grow your business. The ones that can grasp the possibility that your coaching offers them will very often grow to becoming very good marketing experts with good sales statistics that sustain your business, and this is why funded proposals are such a good idea.
Discover the amazing power of a funded proposal and how it can help you grow. You can see how being „all in“ with the Empower Network can increase your business exposure, growth and cash flow! Learn how being ALL IN can radically alter your life and your finances in an absolutely positive way. Don’t Miss It!