Font End Monetization from your MLM Prospects

February 21st, 2009 | by Chris |

Many distributors when they are marketing their network marketing opportunity are spending a lot of money at advertising in order to find MLM prospects and generate leads. Of course it doesn’t always have to be like that. There are ways that you can essentially have the prospects paying you money for becoming your leads. That is called front end monetization or funded proposal and is practiced by a lot of successful marketers.

Front End Monetization - How to Make Money From Your Prospects Even Before They Join Your MLM by Kerri Tan

One of the best ways to earn money from your prospect before they join your Multi-level Marketing (MLM) is through funded proposal. This particular form of network marketing also enables you to select superior quality of leads that you might not be able to find randomly. Most network marketers consider funded proposal to be an effective way to locate quality leads in a cost effective way. This form of marketing is a much leveraged and smarter solution to the problem of finding quality prospects instead of wasting time calling meetings of hosts/leads and telling them what and how to do things. It is a process if selling your products and services to your consumers on the front-end by either partly or without having to pay for advertising.

There are three major benefits of opting for funded proposal. They are as follows:

* Marketing: advertising a funded proposal retail product is almost the same thing as putting up an Ad for leads. The only difference here is that, in funded proposal people pay you to advertise your product. Marketing your fast selling inexpensive products will make your prospect start earning money immediately, which in turn will create a momentum and confidence in your team.

* Money: Funded proposal marketing allows a network marketer to advertise his products and services endlessly and yet make money out of it. It has been observed that 95% of network marketers who fail to run their MLM business successfully are wasting money by self advertising their products and services and not going for funded proposal marketing. This is how it works, your prospect sells your products and services on the front end, the money earned is used to further your advertising and marketing efforts and in return you introduce the prospect to the opening at the back end.

Los Angeles in a good light
Photo by Ron Reiring

* Leads: it is utterly waste of time, money and energy looking for potential leads. Funded proposal marketing helps in making the entire process of searching for quality prospects much easier. This is a process of checking if the prospect is efficient enough to make good sales for you. Once the prospect proves himself, he is hired by the MLM company to continue advertising and marketing their products and services efficiently.

Now that you have gone through this article, you surely have a fair idea on how to make money from prospects even before they join your business. So, instead of advertising your products yourself, opt for funded proposal marketing and see your downline business grow in no time.

Kerri Tan is the co-founder of Dream Team Formula which is a viral prospecting and MLM downline retention system. She has helped more then 7000 MLM distributors create a sustainable income system with their legitimate network marketing business. Take a free tour now to discover how you can succeed too at the best MLM downline builder. Use coupon code “onetime197″ (without the quotes) to take advantage of the Dream Team Formula system without monthly fees.

Technorati Tags: Monetization, Funded Proposal, MLM Prospects, Recruiting, Lead Generation

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  1. One Response to “Font End Monetization from your MLM Prospects”

  2. By J. Michael Warner on Feb 22, 2009 | Reply

    Based on my research I believe that the home based business market is set to explode. This recession is teaching people that they can not depend on corporations any more for security. Most of my businesses are set up so I can get residual income. I also work hard at setting up multiple streams of income. I recommend to all of my clients and friends to do the same.

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