If traffic is the lifeblood of every online endeavor, then leads are the lifeblood of a Multi Level Marketing (MLM) program. Without leads, MLM businessmen would not be able to build a solid downline. Downline, of course, is what will provide for the said online businessman his passive income. If his downline performs, his passive income increases. Such is the system employed in MLM.
It is important, therefore, that an MLM businessman find leads who will be up to the task. They should believe in the company and be able to commit themselves to a common goal. This gives birth to the problem, or the challenge if you prefer, of finding high quality leads who would ensure high quality earnings for the MLM businessman.
So where exactly could you find high quality leads? And how would you be able to convince them to try out the MLM program you're promoting?
Family And Friends
The greatest success can sometimes be found somewhere closer to home than we expected. Friends and family members make good MLM leads because you are intimately familiar with what they could and could not do. Additionally, you would be in the best position to convince them about the many benefits of joining an MLM program. Also, you are likewise in the best position to teach them what they need to know in this industry.
Friends and family members are often the most efficiently performing components of an MLM businessman's downline. With the channels of communication and the proximity of relations involved, it would not be wise to tap into these relationships.
Thinking Outside The Box
Often, we limit our imagination to the world we have come to know. If you're involved with an MLM program that conducts its business online, for example, you would tend to look for MLM leads in the World Wide Web as well. This would be restrictive. Much success awaits you if only you'd expand your search to include the world outside the intricate networks of the web.
Try offline advertising. There are just as many people looking for earning opportunities in the world under the sun, compared to those who seek rewarding endeavors on the Internet. By being able to reach out to these people, you may in fact be able to tap them for your downline.
Conventional Internet Marketing Techniques
The search for MLM leads can also be treated like a search for customers for digital products. They both require the employment of some marketing strategies. Focusing on the MLM program and the benefits it could bring would make it easier for you to gather the MLM leads for your downline. After all, it is the MLM program that would determine the success of your search. If the MLM program is marketed the wrong way, no one would dare join your downline. But if the MLM program is marketed for its true, advantageous worth, then there would even be the possibility of MLM leads looking for you instead of the other way around.
These marketing strategies include, but are not limited to:
- article marketing
- marketing in relevant online communities
- marketing through blogs
- marketing through free online classifieds
- back linking
Buying Leads
Though it would entail some financial investment on your part, buying leads can sometimes be a better option. If the MLM leads you will purchase are sure to perform, you would most certainly achieve an return of investment (ROI) through the second, third and maybe even fourth tier commissions you will receive through them.
Buying leads would require that you perform due diligence, not only with the MLM leads you plan on purchasing and the company offering the same, but also on a thorough calculation of what you stand to gain and how much you could possibly lose. In the end, however, when you have determined that the rewards far outweigh the risks, you could only benefit from buying MLM leads.
Get Free Mlm Leads
- Lead generators are experts in generating leads at the lowest possible cost per acquisition/ conversion.
- Lead generators offset your cost by reselling leads to more than one buyer.
The reason your MLM business needs leads is obvious. However, how you use the leads is not quite so obvious. As a lead generator and provider myself, I see some of my clients buy the wrong type of leads for the type of marketing they are doing.
The right lead for the right campaign
Many new MLM promoters think in a consumer mindset and not a business mindset. A consumer is always looking for the best price without so much concern for result. For example, a consumer will look for the best price for a ream of paper. As long as the consumer gets paper at the lowest price, the consumer is happy. With a business mindset, you will need to consider other costs or opportunity costs when making a purchase.
When you purchase leads as a business owner and not a consumer, you will want to consider the following:
- How will you initiate contact with your leads…Email or Phone?
- What type of leads is your upline mentor using successfully?
- Lastly, do you have enough time and energy to convert leads into buyers?
That stated, leads are as good as they are being marketed to so you will need leads that fit with the type of marketing campaign you are using. If you are emailing your leads you will want email type leads such as those used for auto-responder system and bulk email.
Email Leads tend to be at a low cost per lead giving you more leads for the dollar. However, the quality of these leads for phone marketing or cold calling is very low.
When cold-calling or phone marketing you will want to use phone interviewed or phone surveyed leads where the lead’s contact and survey information is verified by a live person. This ensures you are contacting more people who are interested in what you are offering as opposed to manually sifting through large amounts of leads to find the right people yourself with a lower quality type of lead.
Things to consider for quality leads:
- How many times are the leads sold or re-sold?
-- You don’t want to be the fifth person calling a lead about the same offer.
- How old is the lead?
-- Less than seven days old is ideal…the fresher the better.
- Are the leads guaranteed to be accurate?
-- Not everyone is interested in what you have to offer, but you should at least get a chance to speak to the right person.
Marketing to the correct type of lead is only part of the solution. The other part depends largely on you, your message and what you are offering your leads.
Remember to use the right quality lead, keep it simple and use what has worked successfully for your upline mentor.
Both Bob Bastian & are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Bob Bastian has sinced written about articles on various topics from Distance Learning, Phoenix University and Acid Reflux. Bob Bastian is a successful online marketer and a full time Internet entrepreneur. He will teach you how to get enormous passive income using a system (non-MLM) that so powerful, it recently featured on two national television networks:. Bob Bastian's top article generates over 14800 views. Bookmark Bob Bastian to your Favourites.
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