What Is A Funded Proposal?
Funded Proposal
A funded proposal is a marketing plan where you sell an inexpensive information product to your target market, like Magnetic Sponsoring.
This serves two purposes:
1. You gather highly targeted and motivated leads that have raised their hand and said, “I’m interested in what you have!” and they have further qualified themselves by pulling out their credit card a BUYING something from you.
2. You make immediate income that pays for your advertising.
Hence the term, Funded Proposal, you are funding your advertising.
The leads that you want are paying for your ads to find and qualify them.
It doesn’t get any better than that.
How a Funded Proposal Works
You advertise an information product, like Magnetic Sponsoring, that people in your market (network marketers) need. In this case, your target market is network marketers, and they all need help in sponsoring more people.
You lead with “Free”, like the Free 7-Day Video Training Course, which will sell an inexpensive product.
If this item has VALUE, and the this book definitely does, then you can often up-sell your customer to other back-end products, such as Building on a Budget, Black Belt Recruiting, MLM Traffic Formula, and so on…
You are making money to pay for your advertising on the front-end, and more money on the back-end, whether your lead joins your primary business or not.
When the information products are EXCELLENT, the Funded Proposal business model works like a charm.
Always remember, you’re not in MLM, you’re in BUSINESS.
A Funded Proposal Marketing System
I’ve made a better than average living using the Funded Proposal marketing system since 1999, and Mike Dillard has packaged all of the information in a book called Magnetic Sponsoring, and added a FREE “business in a box” Funded Proposal Marketing System affiliate program that you can put to work for you today.
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[...] system designed to bring prospects to you as well as train them. In addition, it’s also a funded proposal marketing system that allows you to make money while you’re generating leads. It [...]
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Pingback by Magnetic Sponsoring Overview | Magnetic Sponsoring - The Real Truth on 24 November 2008:
[...] generation happens by doing a few really important things. First, it teaches you how to set up a funded proposal system that brings qualified leads to you, and creates revenue at the same [...]
Pingback by Magnetic Sponsoring Funded Proposals | Magnetic Sponsoring - The Real Truth on 26 November 2008:
[...] Funded proposals work extremely well, because they are simple. There’s nothing fancy, no jumping through hoops for you or your prospects. [...]
Pingback by Building on a Budget | Magnetic Sponsoring - The Real Truth on 2 December 2008:
[...] book also covers the funded proposal concept, which is a part of the Magnetic Sponsoring program and is essential to every successful [...]