Mike Dillard and Magnetic Sponsoring

Archive for December, 2008

I have an MLM product and I was wondering if buying mlm leads was worth it…What's your experience?

Buying leads does not work. You get outdated information that would be useless to you. Dont waste your money.

Discover how you can become the hunted instead of the hunter. Attract an endless stream of new distributors and customers to you, with credit card in hand ready to join. Say goodbye to chasing people down to join your business and actually make money from all the people who say "no" to your opportunity. Find out all the details in this Free Bootcamp series

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A great network marketing company I would recommend would be Neways International – www.neways.com – It has been around for 19 years (since 1987) and operates in 40 countries around the world. It offers state of the art products which are safe and effective, free of potentially harmful ingredients and in a 20 year advancement over the products we buy from the market. Annual sales of Neways products are approaching 1 billion dollars.
Personally, I have been a Neways Distributor for 4 months and the training I've had has been great. Each week, in every country which Neways operates in, Neways distributors organize meetings for other distributors to attend to so they can learn about the products, how the bonuses are calculated, how to follow a good system for finding new prospects and having less drop-outs, booster meetings to give out distributors that extra enthusiasm and confidence they need and other huge events like conventions and hotel meetings. Neways' products are also approved by the FDA (Food & Drug Administration) and Dr. Samuel Epstein (Founder of the Cancer Prevention Coalition) – www.preventcancer.com – It is also a member of the DSA (Direct Selling Association).
I hope you find this information useful. If you'd like to know more send me an e-mail (future_enhancer@yahoo.com)

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I am ready to join Internet MLM marketing lead program, and create my own list, but is this a Scam?, how much is going to cost me?, what kind of leads am I going to get ?, I heard that from 1000 sign ups only 2 are good prospects, is that true?

Any experience?
Some of my searches send me to consider this article
mlmnetworkmarketinglead.yrnot.com/
But I am still with more questions about how this system really works.

You can make this work. The problem is that a MLM runs out of prospects as you go 9-people deep into the prospecting. Each of the 9 hires 9 so the number gets exponential. You run out of possible recruits..

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i have been member of few network marketing MLM company any real company only on internet and with real result. would be interested to know result people are getting if any.??

I think one of the best would be in the telecommunications industry. It's a bit different then MLM. It's primarily network marketing. There is an MLM side to it, if you choose that route. There is many different results depending on the person and how much "real" effort they put into their business. I know a lot of people in this industry that do very well. I also know some who didn't, primarily because they didn't follow through with what they were supposed to, so they didn't succeed in something so simple to do. This industry us also a major funding resource for SOFTIN, MADD, systic fubroses as well as many other non profit organizations. You can have it on line as well as off line. What you make, would depend on what you put into it, as with any business MLM, networking or not. You really need to hook up with someone who's been in the industry for several years and knows all the ins and outs to have it be a success. Follow someone's guide who knows what they're doing.
I know someone who can give you the information on this particular industry, if you chose to do it, she can help you out.
Her name is Tiffany, she's a mother of four and a co founder for a non profit organization. Her and her husband are very successful business people in this industry. She'd be happy to help you out. I suggest you look into something where there is both sides of it. Not just one. Broaden the opportunity.
She also created a blog on her yahoo page on Home based Business opportunities for on line and offline businesses. There are several different ones in different industries to take a look at and see which ones you think you'd be interested in. Also a lot of information that you should read about on home based businesses, blogs, reports, scams and the BBB, network marketing as well as MLM's. It's not too long, just some issues that people need to know in regards to businesses. Some things are eye openers. I think people should educate themselves on this. So many people are misinformed.
blog.360.yahoo.com/blog-eqfAfFMlc…
If you have any questions regarding this question your asking, you should contact her at kaiden4@aol.com . She has a background from Corporate America as well as has had her own business for several years. She can give you a lot of insight on various different things.

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The first thing we need to do is realize that “Network Marketing is an industry of marketing and promotion, pursued by people who have no idea how to market or promote.” I know that’s a bit ironic, but that is the simple truth.

 

95% of networkers are employees with no business ownership experience what-so-ever.

 

This is also why so many upline leaders teach the “shot gun” approach of making your list of 100 warm market contacts, getting information to them, and seeing who sticks… Anyone can do that. You don’t need any marketing skills what-so-ever.

 

The only reason you’re told to make a list and give CD’s or your website to 100 people is that your upline knows that you’ve only got about 1 or two weeks of “pumped up” emotional enthusiasm about your new business and then the likely-hood that you’ll ever do anything drops down to about 30% or less.

 

There are smarter ways to build your business which is what Magnetic Sponsoring is all about.

 

The first thing we need to do is define our target market. Essentially, your target market consists of people who are already using or consuming what you’re promoting.

 

When I first got started with my primary company, I had just quit my full time job as a physician recruiter for hospitals and was waiting tables.

 

As I started talking with my sponsor about how I should begin building my business, I had the brilliant (or so I thought), idea of going after other recruiters like myself. Some people use the term ‘Head Hunter’.

 

And why not!?

 

What better person to bring into the business than a professional recruiter! They have great phone skills. They’re not afraid to call strangers. They interview people for a living, and have MASSIVE rolodexes of top notch people in various industries.

 

A week later I had found, and then purchased a list of 6,000 recruiters from around the country. I started making phone calls and mailing packets.

 

Two months later, I had zip. Zero response.

 

I didn’t get it.

 

What could have gone wrong with my brilliant master plan!?

 

Well, simply put, you can’t sell a steak to a vegetarian now matter how incredible it might be. You can’t market a product to someone who does not have the desire to consume it already present.

 

You can’t sell an opportunity to someone who isn’t looking for one, no matter how ‘perfect you think they would be’ or how much money you think they could make.

 

The first rule of marketing, is to sell products people want to buy, to the people who want to buy them.

 

Pretty basic stuff, but you’d be surprised how often people get it wrong, especially network marketers.

 

My lesson was learned and here is what I want to pass onto you today…

 

In our industry, we have two target markets:

 

The first is our potential business partners.

 

This target market consists of one primary group of people: Other network marketers, or people who buy products and services related to building a network marketing business.

 

That’s it.

 

My best advice is to only market to people who are currently in network marketing, or who used to be in it.

 

Can you go recruit your brother, neighbor, doctor, co-workers, or your Uncle Bob?

 

Yes, but that should be a “by-the-way” activity, meaning that if you happen to run into them and peak their curiosity, great.

 

But you should never, ever make those people the primary targets for your marketing efforts.

 

Only market to other networkers because these are the people actively buying what you sell! Opportunity leads are typically opportunity seekers, which is different than an opportunity buyer

 

Network marketers are ‘opportunity buyers’!

 

A business seeker is nothing more than someone who filled out a survey and raised their hand to say “I would like to earn extra money.”

 

That’s it… And that’s no different than me saying, “I would like to play professional baseball.”

 

That doesn’t not mean I have the skill set, desire, and ability to actually play pro baseball right?

 

So we are looking for people who already play the game.

 

Personally, I never buy opportunity leads anymore and if I were, then I wouldn’t market my primary business to them first. I’d market a front-end retail information product like Magnetic Sponsoring and myself as a leader.

 

This will help me generate instant cash-flow to pay for the lead costs and saves me a lot of time because it helps me instantly identify who’s truly serious about building a business and who isn’t.

 

Ok, our second target market consists of product customers. Because most people are in a nutrition based opportunity, we’ll use that as an example.

 

Most people would think that their target market consists of people who have health issues.

 

But we want to get more specific than that.

 

How about people who have health concerns, and who actually spend money each month on health products… These people are your TRUE target market.

 

Just remember the difference between people who simply inquire about your offer, and those who are already spending money on something similar.

 

So how do you find people in these two categories?

 

Well that’s easy these days thanks to the internet.

 

For example, in the MLM Traffic Formula course, we teach you how to set up an entire marketing and lead generation campaign using articles, online press-releases, search engine placement, and pay-per-click.

 

Pay-Per-Click is my personal favorite because it allows me to show my advertisements just to the people who are actively looking for what I’m promoting.

 

This is called “target marketing, and it’s the foundation of your marketing efforts.

 

Now when it comes to finding other network marketers, a lot of people ask me about genealogy lists. These are distributor lists of network marketers from their company or upline who have gone out of business or left the industry.

 

These are obviously targeted lists, but you’re left with the problem of how to contact them.

 

You can’t email the list because they didn’t opt-into your list, which means your only other option is to call them.

 

Personally, I didn’t get into MLM to make 100-300 cold calls a day. That’s what I did in my corporate days.

 

So, I found a way to get networkers to call me and this is what I teach others how to do in Magnetic Sponsoring Course.

 

In the last 60 days alone, over 15,326 network marketers have contacted me and I didn’t have to lift a finger. It’s not hard to do. It just isn’t taught by anyone because they want everything to be ‘3rd grade duplicatable’.

 

In the end, the best way to reach out and get in front of other networkers is to advertise, but you need to use Magnetic Sponsoring strategies, or you’ll go broke faster than you can imagine.

 

We’ll talk more about this later, but let’s change gears for a minute and dive into a little bit about prospect psychology…

 

Have you ever wondered why people say no to you and your offers?

 

Did you ever have a great discussion with someone who was really interested, yet you could never get them back on the phone?

 

Well, here’s why that happens and how to prevent it…

 

Find out these details tomorrow in video number 4.

 

See you then,

 

Mike Dillard