Magnetic Sponsoring
Most internet marketers lose money when they first start out online. It's sad, but it's true. This is because most fledgling online business owners usually spend more money in advertising than they actually generate in revenue from their primary opportunity.
One of the best ways to solve this problem is to generate income on the front end, so that one's advertising costs can be covered. This is usually known as a funded proposal, whereby you bring a prospect into your sales funnel by first offering an information product or course on the front end.
This front end product acts as a beneficial precursor to your primary opportunity (i.e, something that your prospect can use to help build their eventual business in your primary opportunity.) Once you set this in place, you allow yourself to make money on your leads even before they are put in front of your primary business. Magnetic Sponsoring is definitely one of the best systems for allowing affiliate marketers to generate profit on the front end. To profit while you prospect, this is the goal.
Savvy marketers will actually make a profit on each lead they bring into their system, regardless of whether or not that lead pursues his or her primary opportunity. Check out Mike Dillard's Magnetic Sponsoring system and see how it's done.
Magnetic Sponsoring
Wednesday, March 18, 2009
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