Network marketing is by far the most lucrative online business you could start from home. The fact is, this industry creates more millionaires than any other. This also includes affiliate marketing, or even owning your own product. The secret is in the compensation plan. These companies pay you on many different levels. This is also known as MLM (multi-level-marketing.)
In this article, I want to reveal a strategy that I personally use to consistently sign-up 2 people into my business every single day. I'll show you exactly what you need to do, as well as why you need to do it. Here we go:
1. Build a high converting front-end marketing funnel. It doesn't matter what you are promoting online. If you do not have a sales funnel that converts visitors into "buyers," then you don't have a profitable business model. Let's look at a profitable funnel that will bring more people into your network marketing business:
This is more of an advanced step. However, it's easy to do. Simply create a $ 7 e-book that educates your prospects about the industry and gets them excited to do business with you. This product can be a PDF document that is 10 to 20 pages in length.
This process is what I call "the tripwire." It will increase your network marketing sign-ups by 30%. When you are out doing your advertising, send people to your lead capture page where you can collect their email address and then offer them the "tripwire" product. You will convert at about.08% on the "tripwire." This means for every 100 visitors you send to your sales page, you will get 8 sales at $ 7.
The up-sell conversion rate from there will usually be about 30%. Hence the reason why I said increase your sign-ups by 30%. The reason this works so well to recruit people is because they already trust you after purchasing the $ 7 e-book. Within the e-book, you can promote your MLM.
2. Follow up with you new teammates and offer other products and services to make even more money with your business. Coaching is another great way to create a stable income online. Just offer them a simple "step-by-step" coaching program that teaches them how to take it to the next level. This is powerful!
3. Scale your business. Now that you are getting plenty of $ 7 e-book sales, it's time to scale. Let's say that you want to get 2 new people to join your MLM. In order to do this, you need to sell 8 copies of your e-book each day. Remember, you will get the 2 sign-ups from your e-book up-sell process.
In order to get 8 e-book sales per day, you need 100 visitors per day to see your sales page. You will get 8 $ 7 sales and 2 MLM sign-ups. This is VERY predictable. So if you want to get 60 sign-ups per month, you need 3,000 visitors each month.
Use these marketing techniques to close more sales in your online business and FINALLY get the results you have been looking for. I believe that you can do this. So get out there and take ACTION now!
Source by https://ezinearticles.com/expert/AJ_Simon/213151