Jul 10
29
Magnetic Sponsoring
Magnetic Sponsoring is a common term in the world of online network marketing. It is a network marketing system that was developed by Mike Dillard. My research has shown that most of the online business coaches use Magnetic Sponsoring as the basis of their systems. Let’s take a look at what this program is about, what it does and why it’s different.
Magnetic Sponsoring is a solution to the problem of MLM recruiting. The system teaches you how to use multi-level marketing to create the type of life you desire. It teaches you to find and recruit the right kind of people into your business.
In Magnetic Sponsoring you learn to be a farmer instead of a hunter. It teaches you to develop your reputation as a trusted expert in your field. Instead of to chasing people down to tell them about your opportunity at the risk irritating and alienating them, you become attractive to them as a business associate. People come to you. This solves the common problem of prospecting.
One of the biggest problems for network marketers is finding prospects. Cornering your friends and trying to coerce them into your business not only causes relationship problems, it gives network marketing a bad name. Most of us hate the idea of cold-calling. Magnetic Sponsoring teaches the principles necessary to successfully build a network marketing business without the normal pain. It doesn’t mean you won’t have to work hard, but your hard work will be much more productive than using traditional methods.
The basic premise of Magnetic Sponsoring is this:
- You learn about attraction marketing, including how to effectively create an online presence that leads prospects and customers to you – you don’t have to do any chasing.
- You learn about the funded proposal system. Funded proposals let you earn money from the beginning. This helps you sustain growth in your business from the first moment and helps you keep the momentum going during critical growing stages.
- You learn how to use all the tools (there are a lot of them!) the Internet offers for creating your business and building your system.
- You learn how to continue to grow your downline and business with advanced techniques.
As important as these things are, my favorite part of the system is the funded proposals. By this I mean the techniques used to make your advertising pay for itself.
Attraction marketing just makes sense. Do you see stores like Wal-Mart sending out high-pressure sales people? No, they just let us know that they have the solution to our problem; the problem of the high cost of things we want and need. It is a great concept that works. Magnetic Sponsoring is not some sort of mumbo-jumbo either. It’s a specific system that can be learned and put into action. It will attract people to you, your products, and opportunity. Once you have it set up people will be asking you if they can join your business!
It is a much better way of doing business. The prospects who come to you are primed and ready to get started!
I mentioned the idea of funded proposals earlier. A funded proposal is this: You offer a great quality, but fairly inexpensive product to your target market. When a customer buys this product, a couple good things happen. First you’ve gained a pre-qualified prospect – they’ve shown a genuine interest in what you’re offering and will likely also be interested in your products and opportunity. Second, you’ve made a bit of money to help pay for advertising and continuing to grow your business. For these reasons, funded proposals are very, very effective!
If you add in some good and useful knowledge about how to use the Internet and all it’s tools to your advantage, and how to keep growing your business, and you’ve got a winner of a system. That’s why Magnetic Sponsoring is different! And that’s why you should apply it to your business!
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