This is a good question to ask before you spend any money on MLM lead generation choices needed in building your MLM business.
Why would you want to go about MLM lead generation in the first place?
Over the years the MLM business has gotten a black eye because of the over hyped promises of money and freedom. Very few people have ever achieved a high level of success in any MLM business. And even fewer have ever been able to maintain the level of achievements over a period of time.
That does not make MLM companies bad. Nor does it make the opportunities they afford the average person as ways to make extra money or even as a way to drastically change your lifestyle.
MLM lead generation is the way to do it.
There are 2 big benefits of MLM lead generation:
1. It gets you away from approaching your friends and relatives. If you have been in more than one MLM business over the years you may have already approached them and used up your credibility when you were unsuccessful.
2. MLM lead generation is a duplicable way to build your business that you can pass on to your downline. Any successful network marketing business will tell you that one of the main components of success is duplication. Anyone can buy leads and work them over the phone or through the internet with the use of an autoresponder.
Now that you understand some of the benefits of buying MLM lead generation and how to market them, let us now take a look at the characteristics
of the best MLM lead generation result.
1. How many times are the leads sold? Many MLM lead companies sell their leads over and over. You will be contacting a prospect that has already been marketed to. Typically, you would want to have leads that are exclusively yours.
2. How old are the leads? Would you rather contact a prospect that has expressed an interest in the past 48 hours or in the past 48 days? Being able to strike while the iron is hot, so to speak, is a great benefit of a fresh MLM leads.
3. How many leads do you get for your money? Obviously the more MLM leads you have generated, the more leads you can buy at a time. This is especially important when you are first starting or when you are helping your downline get started.
4. What is the quality of the lead? Nothing compares to an effective MLM lead generation that contains both a phone number and email address along with a few qualifying answers to questions like "How much can you invest to get started" or "How soon do you want to get started" or When is the best time to contact you?".
If a prospect is answering these types of questions, you are getting a much better quality lead than if you just have a name and email address.
5. What is the response rate? This will improve as your skill level at working your MLM lead generation improves. But the fresher higher quality leads will give you a better response rate even when your skill level is low.
These are some of the best MLM lead generation qualities. Be careful when choosing a place to get your leads.
If there ever was an oxymoron, "going into business for yourself" is a prime example. No one can be "in business for yourself" because people have to be in business to fulfill the wants and needs of other people, businesses, and organizations. Being in "business for yourself" indicates that the business has only one customer, and no business survives on one customer.
MLM Leads?
In order to succeed in MLM, you are going to need a steady supply of fresh-targeted MLM leads that are anxious to get started in this business opportunity. MLM lead vendors know this little fact too and they can see you coming a mile away.
This can pose a problem for all but the super savvy network marketers and people with extra-ordinary telephone skills.
Here are 5 of the most popular reasons you may want to consider generating your own MLM marketing leads.
1. Quality. When you purchase MLM leads from a leads vendor, you are buying a list of names and contact details that have been generated in a very generic way to maximize the response rate of the lead generators advertising campaign. These MLM leads are not necessarily generated from the most targeted means of advertising.
These leads are not selling them on any specific type of business. When you are using this type of lead you really don't know what type of business they may be interested in. In the end, you are left to sorting and this can be a time consuming procedure. Generating your own MLM leads with a website you have control over changes all this.
2. Responsive. MLM leads that you have generated on your own are usually much more responsive than leads that you would have purchased from a leads vendor.
Most probably they have not been contacted by several different network marketers and their name has not been sold over and over again by some of the leads vendors out there.
Leads that you generate are as fresh as you can get and they are exclusive to you only
3. Real-Time Leads. One of the most popular reasons for a network marketer to generate their own MLM leads is that you can receive them in real-time.
This is especially powerful for people who are in the higher ticket business opportunities and they need the highest quality lead they can get. Nothing beats having company specific real-time leads in your inbox waiting to be contacted about your product or opportunity.
4. Custom Surveys. When you are the lead generator you have full control over the questions you want to ask your prospects. You can simply qualify or disqualify leads based on the questions they have answered on your lead capture page.
It is a wise idea to always run a "Comments or Questions" or "Tell Me about You" space on your lead capture page.
Not every single prospect will fill these fields out but when they do it will be the most valuable piece of information you receive next to their name and number. Anything a prospect is willing to share with you before the initial contact is like an icebreaker.
5. Cost. Generating your own MLM leads can actually save you a lot of money if you spend the time to setup some solid advertising campaigns.
Like many leads companies on the web you would not have the high cost of employees either. Your cost to generate your own leads will be your advertising costs and any other tools you may be using such as lead capture pages and auto responders.
These are just a few reasons you may want to consider generating your own MLM leads for your specific product or opportunity. It could make a difference in how effectively you market your program.
This can pose a problem for all but the super savvy network marketers and people with extra-ordinary telephone skills.
Here are 5 of the most popular reasons you may want to consider generating your own MLM marketing leads.
1. Quality. When you purchase MLM leads from a leads vendor, you are buying a list of names and contact details that have been generated in a very generic way to maximize the response rate of the lead generators advertising campaign. These MLM leads are not necessarily generated from the most targeted means of advertising.
These leads are not selling them on any specific type of business. When you are using this type of lead you really don't know what type of business they may be interested in. In the end, you are left to sorting and this can be a time consuming procedure. Generating your own MLM leads with a website you have control over changes all this.
2. Responsive. MLM leads that you have generated on your own are usually much more responsive than leads that you would have purchased from a leads vendor.
Most probably they have not been contacted by several different network marketers and their name has not been sold over and over again by some of the leads vendors out there.
Leads that you generate are as fresh as you can get and they are exclusive to you only
3. Real-Time Leads. One of the most popular reasons for a network marketer to generate their own MLM leads is that you can receive them in real-time.
This is especially powerful for people who are in the higher ticket business opportunities and they need the highest quality lead they can get. Nothing beats having company specific real-time leads in your inbox waiting to be contacted about your product or opportunity.
4. Custom Surveys. When you are the lead generator you have full control over the questions you want to ask your prospects. You can simply qualify or disqualify leads based on the questions they have answered on your lead capture page.
It is a wise idea to always run a "Comments or Questions" or "Tell Me about You" space on your lead capture page.
Not every single prospect will fill these fields out but when they do it will be the most valuable piece of information you receive next to their name and number. Anything a prospect is willing to share with you before the initial contact is like an icebreaker.
5. Cost. Generating your own MLM leads can actually save you a lot of money if you spend the time to setup some solid advertising campaigns.
Like many leads companies on the web you would not have the high cost of employees either. Your cost to generate your own leads will be your advertising costs and any other tools you may be using such as lead capture pages and auto responders.
These are just a few reasons you may want to consider generating your own MLM leads for your specific product or opportunity. It could make a difference in how effectively you market your program.
The Why And How to Use MLM Mailing Lists
MLM mailing lists may be the cause of more heartbreaks than any other single factor in mail order. A poorly chosen list, a weak mailing and the high cost of mailing to a list can shadow the optimism of a new marketer very quickly.
That is why it is best to arm yourself with MLM mailing list knowledge before embarking on that path.
Whether or not you should use an MLM mailing list to sell your product or service depend on several things:
Is what you are offering too complex an offering to be explained in a 30-word ad?
Can you afford to mail 200 to 1,000 pieces on the chance that you would not get a single order?
Can you make a profit selling your product to only two to twenty people in a 1,000 piece mailing?
Will a re-order of your product be required? Can you make your re-orders pay for the losses you will likely get from mailing to a list?
Do you know enough to choose the right MLM mailing list for your offering?
It takes either great faith in your offering or great stupidity to mail with a list. Most MLM mailing lists that companies are offering today specialize in opportunity seekers. These are the people who are generally quite new to mail order. They are either looking for a product to sell or an offer that will get them rich in a hurry.
Most of these opportunity seekers are engaged in chain letter type schemes at some point. They use MLM mailing lists to make gains in their plans.
Most of them lose money, but enough people will try it once to make money. These dreamers are the bread and butter for a lot of MLM mailing list companies.
Unless you have a truly superior offering for these opportunity seekers and you probably do not have one, they are not really worth your time and money. Most of them are unsophisticated dabblers.
MLM mailing lists, offered by many companies, are truly an interesting way to test response to an MLM offer. Many MLM people like to write back about their successes and failures. And they will always respond to a superior product.
Specialized product-buyers' lists can work beautifully if the offering is unique enough and worth a try for merchandise marketing.
Regardless of what kind of mailing list you use, be very careful in choosing a good list. Many are sold and resold to people making the very same offering. A waste of everyone's money. Free MLM mailing lists are usually as good as their price indicates. Check the guarantees.
Common sense will tell you which are good for you and which are good for the company selling the MLM mailing lists. Check to see how the lists are compiled. Are they people who have already bought something by mail, or are they merely people who indicated they might want to buy something by mail?
It is recommended that you never start any campaign with a mailing list even though advertising is so much cheaper. They are proven to work more effectively.
Keep this in mind. When you are ready to try MLM mailing list, be fully prepared to lose every penny you spend in buying and mailing that list, because it certainly could happen.
That is why it is best to arm yourself with MLM mailing list knowledge before embarking on that path.
Whether or not you should use an MLM mailing list to sell your product or service depend on several things:
Is what you are offering too complex an offering to be explained in a 30-word ad?
Can you afford to mail 200 to 1,000 pieces on the chance that you would not get a single order?
Can you make a profit selling your product to only two to twenty people in a 1,000 piece mailing?
Will a re-order of your product be required? Can you make your re-orders pay for the losses you will likely get from mailing to a list?
Do you know enough to choose the right MLM mailing list for your offering?
It takes either great faith in your offering or great stupidity to mail with a list. Most MLM mailing lists that companies are offering today specialize in opportunity seekers. These are the people who are generally quite new to mail order. They are either looking for a product to sell or an offer that will get them rich in a hurry.
Most of these opportunity seekers are engaged in chain letter type schemes at some point. They use MLM mailing lists to make gains in their plans.
Most of them lose money, but enough people will try it once to make money. These dreamers are the bread and butter for a lot of MLM mailing list companies.
Unless you have a truly superior offering for these opportunity seekers and you probably do not have one, they are not really worth your time and money. Most of them are unsophisticated dabblers.
MLM mailing lists, offered by many companies, are truly an interesting way to test response to an MLM offer. Many MLM people like to write back about their successes and failures. And they will always respond to a superior product.
Specialized product-buyers' lists can work beautifully if the offering is unique enough and worth a try for merchandise marketing.
Regardless of what kind of mailing list you use, be very careful in choosing a good list. Many are sold and resold to people making the very same offering. A waste of everyone's money. Free MLM mailing lists are usually as good as their price indicates. Check the guarantees.
Common sense will tell you which are good for you and which are good for the company selling the MLM mailing lists. Check to see how the lists are compiled. Are they people who have already bought something by mail, or are they merely people who indicated they might want to buy something by mail?
It is recommended that you never start any campaign with a mailing list even though advertising is so much cheaper. They are proven to work more effectively.
Keep this in mind. When you are ready to try MLM mailing list, be fully prepared to lose every penny you spend in buying and mailing that list, because it certainly could happen.
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