One of the key network marketing strategies used by successful network marketers that allows them to profit from multiple income streams is to build a true asset.
This asset, if marketed correctly can provide and endless residual income.
Now let’s look at two important goals and how this product market strategy ties it all together.
1. Profit from multiple income streams.
It cost money to build your business, and only 1-3% of your leads will join your downline leaving 97-99% of possible income on the table. With a funded proposal marketing system not only are you able to pay for your expenses for generating leads but you are also able to make a profit at the same time.
This is done through the product market strategy where you may offer personal or affiliate products.
2. Build a true asset.
Network Marketing is not a real business, at least one that you actually own. For instance, which ever opportunity you may be a part of can be taken away form you for any number of reasons they may choose to use at anytime. On the other hand it can simply go out of business and therefore so are you.
You see as a network marketer you don’t own anything; products, marketing materials, copy write name, downline, distributor list, etc. You are a commissioned based sales person with residual benefits.
The solution: You, Inc.
1. Your list is your business.
2. Make it valuable, by building a relationship with your distribution channel.
3. Market to that list: Send out promotions, invitations to join your downline, personal or affiliate products. This will enable you to build your business without having to pick up the phone.
Now this product market strategy allows you to own a true asset that you can mine the goal from forever as long as you continue your relationship with your list.
How to build a list, relationship, and most importantly make some money all on autopilot utilizing this product marketing strategy.
To build a list you need two things:
Traffic, which you can produce several ways: articles, press releases, videos, etc.
A capture page, where you offer something of value for their personal contact info.
Once their info is added to your list automatically, then your contact manager (auto-responder) begins to send them out emails all on autopilot.
This is the product market strategy that builds your relationship, by sending them valuable info that they need to help them with where they are now. This also eliminates many of the negative issues that are created by the internet.
Because you have now established creditability by giving them information of value they need, when they are bombarded with other opportunities and products, you’re not having to constantly fight the battle of attrition.
You have proven yourself over time as a valuable leader, and built a solid relationship. This is why this product marketing strategy works so well.
You don’t have to sell anyone, handle objections, or deal with any of that anymore.You are now able to bring people in automatically through this system you’ve put into place to run your You, Inc. based business.
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