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
Showing posts with label Affiliate Marketing. Show all posts
Showing posts with label Affiliate Marketing. Show all posts
Wednesday, March 18, 2009
Sunday, January 11, 2009
How Insecurity Will Bring Down Your Online Business
As an internet marketer there are a lot of mistakes that you can make and get away with. This is a good thing because we all make mistakes and none of us are perfect. But there is one mistake that you simply cannot make if you want to be a successful internet marketer. If you do, it will destroy your bottom line and sink your business. That great mistake is simply this: you cannot be ruled by insecurity. By this I mean, you can never be insecure - most especially when you're promoting your business online, or when you are interacting with your downline.
Most of us have been insecure at one time or another, but those who achieve success don't let insecurity rule them. Instead they fight through it until they gain confidence in what they're doing. Insecurity causes many problems for internet marketers. For example, if you're insecure:
1) You'll be less likely to put yourself in front of a camera and make videos or write articles
2) You'll never instill confidence in your downline and
3) You probably won't be an active prospector, resulting in lost opportunity and lost revenue.
The best way to combat insecurity is to have something good to say and to consistently put out useful content. You'll notice I say "consistently" because that is key. If you are not active then you are not really in the game. We all know that consistent action rules the day in internet marketing. Make sure you don't lose sight of this. Once you commit to consistent action and people begin to benefit from your content, more prospects will seek you out as a mentor. And when your downline begins to grow, you'll gain more confidence as a recruiter, mentor and team builder.
If you are new to the business, then the key for you is to not let your lack of experience lead to insecurity. I admit this can be difficult to do. My advice is to hit the ground running. Once you have something useful to say, do it and do it confidently. And remember, once you start building your own downline, you have to be aware that your teammates will face their own insecurities. Show them how to overcome their nervousness, and convey to them that their success depends on it. Beware that many new internet marketers want to hide the fact that their insecurity is causing their inactivity, so instead they point to procrastination as being their downfall. .
To Summarize
1) Don't let insecurity stop you from consistently putting out good content online.
2) By having something good to say, you will be more comfortable sharing it, and in turn you will gain confidence as a result.
3) People buy leaders, they don't buy businesses. If you're insecure, no one will want to join you. Be confident!
To Your Success,
Dan
Platinum One Destinations
Most of us have been insecure at one time or another, but those who achieve success don't let insecurity rule them. Instead they fight through it until they gain confidence in what they're doing. Insecurity causes many problems for internet marketers. For example, if you're insecure:
1) You'll be less likely to put yourself in front of a camera and make videos or write articles
2) You'll never instill confidence in your downline and
3) You probably won't be an active prospector, resulting in lost opportunity and lost revenue.
The best way to combat insecurity is to have something good to say and to consistently put out useful content. You'll notice I say "consistently" because that is key. If you are not active then you are not really in the game. We all know that consistent action rules the day in internet marketing. Make sure you don't lose sight of this. Once you commit to consistent action and people begin to benefit from your content, more prospects will seek you out as a mentor. And when your downline begins to grow, you'll gain more confidence as a recruiter, mentor and team builder.
If you are new to the business, then the key for you is to not let your lack of experience lead to insecurity. I admit this can be difficult to do. My advice is to hit the ground running. Once you have something useful to say, do it and do it confidently. And remember, once you start building your own downline, you have to be aware that your teammates will face their own insecurities. Show them how to overcome their nervousness, and convey to them that their success depends on it. Beware that many new internet marketers want to hide the fact that their insecurity is causing their inactivity, so instead they point to procrastination as being their downfall. .
To Summarize
1) Don't let insecurity stop you from consistently putting out good content online.
2) By having something good to say, you will be more comfortable sharing it, and in turn you will gain confidence as a result.
3) People buy leaders, they don't buy businesses. If you're insecure, no one will want to join you. Be confident!
To Your Success,
Dan
Platinum One Destinations
Thursday, January 8, 2009
How to Leverage Your Efforts For Online Business Success
One of the big differences between people who succeed in business and those who don't lies in how they use leverage. From Donald Trump and other billionaires all the way down, learning how to effectively leverage your time and money is how you grow your business. Period.
In big business, companies use leverage by borrowing money from banks and investors to fund their expansion. They also leverage time by outsourcing operations externally that normally would have taken the efforts of their direct staff.
We, as online business owners and internet marketers, can use leverage to grow and expand our businesses as well. In this article, I want to show you a few ways to do this.
Suggestions
1. When you create content to submit online - think with the end in mind!! Make sure that what you want to say can be easily converted across the variety of Web 2.0 mediums out there. (For example: all content you produce should be submitted as a video, as an article, as a press release, as a blog post and as a podcast.) To make sure this is possible, it helps if you map out your content before you submit it anywhere. You should ask yourself, "Can I turn this piece of information into all of the above mediums in order to maximize my online presence?" If the answer is yes, then you are leveraging your time properly.
The content I'm producing here is a good example. Instead of just submitting this article to Ezine, I've submitted it to 20 other article sites, 10 video sites, 3 blog sites, 5 press release sites and 2 podcasts. Effectively, I'm creating 40 backlinks with just one piece of content, directly increasing the search engine ranking for my primary business opportunity website and generating lots of free leads and traffic in the process! If I were to submit four pieces of content, that would be a total of 160 backlinks!! This is powerful stuff! I'm absolutely certain that if you do this, you will see a big difference in your business.
2. Another great way to leverage is to outsource whenever it makes sense. I say "whenever it makes sense" because often certain tasks are best done by you. However, submitting your content to video, article, press release, podcast and blog sites admittedly takes a lot of time. Thus, I suggest outsourcing it if you can. There are plenty of companies that offer virtual assistants from around the globe whose services you can rent for a very reasonable hourly rate. It makes sense to outsource the job of submitting your content across the Web. This inevitably frees up more of your time to create valuable content for your prospects.
Obviously, if you're just starting out, you may not have the financial resources to outsource, but I think leveraging your valuable time by outsourcing is a great goal to strive for. I truly hope these suggestions help your bottom line in 2009.
Best,
Dan
Platinum One Destinations
In big business, companies use leverage by borrowing money from banks and investors to fund their expansion. They also leverage time by outsourcing operations externally that normally would have taken the efforts of their direct staff.
We, as online business owners and internet marketers, can use leverage to grow and expand our businesses as well. In this article, I want to show you a few ways to do this.
Suggestions
1. When you create content to submit online - think with the end in mind!! Make sure that what you want to say can be easily converted across the variety of Web 2.0 mediums out there. (For example: all content you produce should be submitted as a video, as an article, as a press release, as a blog post and as a podcast.) To make sure this is possible, it helps if you map out your content before you submit it anywhere. You should ask yourself, "Can I turn this piece of information into all of the above mediums in order to maximize my online presence?" If the answer is yes, then you are leveraging your time properly.
The content I'm producing here is a good example. Instead of just submitting this article to Ezine, I've submitted it to 20 other article sites, 10 video sites, 3 blog sites, 5 press release sites and 2 podcasts. Effectively, I'm creating 40 backlinks with just one piece of content, directly increasing the search engine ranking for my primary business opportunity website and generating lots of free leads and traffic in the process! If I were to submit four pieces of content, that would be a total of 160 backlinks!! This is powerful stuff! I'm absolutely certain that if you do this, you will see a big difference in your business.
2. Another great way to leverage is to outsource whenever it makes sense. I say "whenever it makes sense" because often certain tasks are best done by you. However, submitting your content to video, article, press release, podcast and blog sites admittedly takes a lot of time. Thus, I suggest outsourcing it if you can. There are plenty of companies that offer virtual assistants from around the globe whose services you can rent for a very reasonable hourly rate. It makes sense to outsource the job of submitting your content across the Web. This inevitably frees up more of your time to create valuable content for your prospects.
Obviously, if you're just starting out, you may not have the financial resources to outsource, but I think leveraging your valuable time by outsourcing is a great goal to strive for. I truly hope these suggestions help your bottom line in 2009.
Best,
Dan
Platinum One Destinations
Monday, July 7, 2008
Coming Home
I can't tell you how much fun I've had living abroad and experiencing life in other countries. The worth of these experiences to me is almost indescribable. I started traveling heavily when I was in college, but that came to a screeching hault once I graduated. For several years, I was pretty much bound to the "two weak" vacation of the business world. Not having much vacation time didn't sit well with me, but I took it in stride as part of the game, and one of the sacrifices necessary for moving up the ladder.
After a few years of this type of sacrifice, it finally hit me that I just wasn't going to be satisfied waiting until retirement to have time freedom, mobility and financial independence. Thus, I made the decision to remove myself from the deferred life plan mentality (i.e, the one where we sacrifice our early adult lives and middle age for the hope of a nice retirement). I just figured that there HAD to be a way to save for retirement while having more freedom along the way. Admittedly, leaving the coporate path was a tough thing for me to consider, because so many of my peers were seemingly happy with this life. I started out after college working in investment consulting, which I enjoyed well enough at the time. I liked the group of associates that I was a part of and there was a good balance between work and play. I definitely had the opportunity to make some great friends and learn a lot about finance from professionals who had spent their careers in the industry.
As I approached the 3+ year mark as an associate, I knew I was soon to be faced with the choice of business school or finding a new job. Very few if any ever climbed the ranks from associate up to management without first heading back for the mandatory 2 year stint in business school, so it was a perfect time for me to make my exit.
That's when I decided I needed to become an entrepreneur to have the lifestyle I wanted. I started networking with other entrepreneurs and found an opportunity for myself in the home based travel industry with a company called Coastal Vacations. It was here that I started to learn how to successfully apply internet marketing and personal developent to the building of my business. I ended up moving from Coastal when an opportunity to join Platinum One Destinations came about, and subsequently, I've been there ever since.
For me there are many keys to success in network marketing and home business. But in my opinion, some of the most important are:
1) Spending as much time developing yourself as you do your business! I believe that you have to focus on your own personal development and continuing education. This in turn will translate into more business success.
2) Have a really, REALLY good WHY for what you are doing. Having big goals like places you want to travel to, fortunes you want to make, a future family you want to support, or benevolences you want to give, will power you through the difficult time when your energy is low and confidence is even lower.
3) Learn how to use leverage in your business development! I teach my team members how to use Web 2.0 the right way. There are many ways to use leverage, like harnessing the power of the internet and learning from the experiences of those who have gone before you. These are just a few points that I will definitely talk more about soon.
Have a great week!
-Dan
Dan Snow
407-507-4646
DanSnow@GOP1D.com
http://dansnow.p1drevolution.com/
http://dansnow.gop1d.com/
http://www.youtube.com/user/D79SN
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