Prepaid Legal distributors: Do you want to know what it takes to become a top 3% earner? If you seek to become a top earner, you need a promotion strategy to implement because you'll run out of friends and family to approach. You absolutely need to learn the #1 skill of all top earners: marketing to massive numbers of people at a time. Here are 3 strategies 7-figure income earners use to build network marketing empires today:
- Increase Your Immediate Income
People promoting Prepaid Legal tend to concentrate too much on building a long-term income. And they fail to generate enough short-term income. Overall, they end up earning a lot less than they should.
In the long term, you need a very big downline to create a large residual check. But there's a miniscule number of people who ever create really large organizations.
Because about 90% of your downline will quit in the first year, you have to build a new downline every year! Trying to create a huge downline is definitely not the way to maximize your income.
You can earn a lot more by increasing the money you make n the short term. Maximize the income earned in the first three months a new rep or a new customer joins your downline.
You'll get up-front income from two principle sources:
Promote affiliate products such as training tools and systems. Make money from the vast majority of people who don't join your Prepaid Legal opportunity.
Promoting a high ticket product line is the second way to maximize your up-front income. A lot of opportunities like Prepaid Legal only pay out fifty to a hundred dollars for every person you enroll.
It's much more profitable to promote a high ticket opportunity that pays commissions of $1,000 or more per sign up. Market a product line that's priced higher and which pays high end commissions. The money you make in the short term can increase substantially.
- Define Your Target Market
By deciding who is your target audience for your Prepaid Legal business, creating marketing is a lot simpler. Clarify:
- What sort of person makes the best prospect for your Prepaid Legal opportunity?
- What are their most pressing issues and needs?
- What do you have that can solve those problems?
- What websites does your target audience visit frequently?
Once you've clarified your target market, the results you generate from your efforts will increase dramatically. Determining who is your target audience makes it simple to plan your marketing efforts. Deciding what to blog, create videos, or write emails about becomes very easy.
Network marketers in companies such as Prepaid Legal usually target the wrong people. They go after people who are broke and in desperate financial condition. Stay away from people with no money.
The ideal target market for your Prepaid Legal opportunity is likely to be struggling network marketers in other companies. Network marketers understand the business model and have demonstrated a willingness to spend money on a business venture.
Create educational marketing pieces that solves network marketers' problems, such as not making enough money, or facing high attrition. Market in a way that positions you as a trusted expert. Some of your prospects will want to join your Prepaid Legal venture and buy other products you recommend.
- Sell Affiliate Products
Products and services you sell for a commission are called affiliate products. Promote marketing systems, courses and ebooks that teach network marketing or internet marketing tactics. You'll gain several key benefits when you market affiliate products in addition to Prepaid Legal.
The prospects that buy affiliate products based on your recommendation are more likely to want to look at your Prepaid Legal business opportunity. These people are buyers, not just browsers.
It's not an issue if these people are not interested in your Prepaid Legal opportunity. You earn commissions from the large percentage of prospects who choose not to join your Prepaid Legal business. This is an easy way to make more money.
Some affiliate products are recurring sales, such as membership websites. Recurring residual income from affiliate sales can be a bedrock of reliable income while you build your downline. Finally, by selling beneficial marketing tools on the front-end, you differentiate yourself. You won't resemble all the network marketers who just hard sell their business opportunity to anyone and everyone. You'll seem like an authority and valuable guide, not just a promoter. By selling affiliate products on the front end, you will sponsor a lot more Prepaid Legal reps on the back end.
- Increase Your Immediate Income
People promoting Prepaid Legal tend to concentrate too much on building a long-term income. And they fail to generate enough short-term income. Overall, they end up earning a lot less than they should.
In the long term, you need a very big downline to create a large residual check. But there's a miniscule number of people who ever create really large organizations.
Because about 90% of your downline will quit in the first year, you have to build a new downline every year! Trying to create a huge downline is definitely not the way to maximize your income.
You can earn a lot more by increasing the money you make n the short term. Maximize the income earned in the first three months a new rep or a new customer joins your downline.
You'll get up-front income from two principle sources:
Promote affiliate products such as training tools and systems. Make money from the vast majority of people who don't join your Prepaid Legal opportunity.
Promoting a high ticket product line is the second way to maximize your up-front income. A lot of opportunities like Prepaid Legal only pay out fifty to a hundred dollars for every person you enroll.
It's much more profitable to promote a high ticket opportunity that pays commissions of $1,000 or more per sign up. Market a product line that's priced higher and which pays high end commissions. The money you make in the short term can increase substantially.
- Define Your Target Market
By deciding who is your target audience for your Prepaid Legal business, creating marketing is a lot simpler. Clarify:
- What sort of person makes the best prospect for your Prepaid Legal opportunity?
- What are their most pressing issues and needs?
- What do you have that can solve those problems?
- What websites does your target audience visit frequently?
Once you've clarified your target market, the results you generate from your efforts will increase dramatically. Determining who is your target audience makes it simple to plan your marketing efforts. Deciding what to blog, create videos, or write emails about becomes very easy.
Network marketers in companies such as Prepaid Legal usually target the wrong people. They go after people who are broke and in desperate financial condition. Stay away from people with no money.
The ideal target market for your Prepaid Legal opportunity is likely to be struggling network marketers in other companies. Network marketers understand the business model and have demonstrated a willingness to spend money on a business venture.
Create educational marketing pieces that solves network marketers' problems, such as not making enough money, or facing high attrition. Market in a way that positions you as a trusted expert. Some of your prospects will want to join your Prepaid Legal venture and buy other products you recommend.
- Sell Affiliate Products
Products and services you sell for a commission are called affiliate products. Promote marketing systems, courses and ebooks that teach network marketing or internet marketing tactics. You'll gain several key benefits when you market affiliate products in addition to Prepaid Legal.
The prospects that buy affiliate products based on your recommendation are more likely to want to look at your Prepaid Legal business opportunity. These people are buyers, not just browsers.
It's not an issue if these people are not interested in your Prepaid Legal opportunity. You earn commissions from the large percentage of prospects who choose not to join your Prepaid Legal business. This is an easy way to make more money.
Some affiliate products are recurring sales, such as membership websites. Recurring residual income from affiliate sales can be a bedrock of reliable income while you build your downline. Finally, by selling beneficial marketing tools on the front-end, you differentiate yourself. You won't resemble all the network marketers who just hard sell their business opportunity to anyone and everyone. You'll seem like an authority and valuable guide, not just a promoter. By selling affiliate products on the front end, you will sponsor a lot more Prepaid Legal reps on the back end.
About the Author:
Eduardo Kooliantra has taught thousands of people how to grow businesses like Prepaid Legal.
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