While I was in Ixtapa, Mexico last week, Mike Dillard released his Magnetic Sponsoring 3.0 System. I haven’t had a ton of time to go through the new site and information but I will fill you in on a couple of things that caught my eye…
- A complete system to track the leads that you create with Magnetic Sponsoring 3.0.
- 7 New Videos have replaced the original 10 email Boot Camp. The videos are free and you can download them here: Mike Dillard’s 7 Free Magnetic Sponsoring 3.0 Videos.
- The MagneticSponsoring.com forum is loaded with helpful and knowledgeable marketers, some of them earning Millions a year…and they are willing to answer your questions!
For those of you who have no idea what in the world I am talking about, let me give you a little bit of history. Mike Dillard was involved in Network Marketing for several years and really struggled. Then he discovered the world of Internet Marketing and was one of the first Networkers to put together a system known as a "funded proposal".
The idea is simple. Give something away of value, (like 7 free training videos) but ask for some contact information in return. Once you gain the contact information you can then offer a low cost (usually information based) product that will help you fund your proposal.
You take the money you make from the sales of the information product and fund your advertising. It’s a bit like having your leads pay you to be your prospects.
I used this type of system to create nearly 3,000 leads and over $9,000 over the last few months.
Your proposal is generally going to involve the Network Marketing company you are involved with, keeping in mind that not everyone who requests the information or buys the information product will be a potential business partner for you.
There are a handful of categories that people fall into:
- Happy With A Good Company
- Happy With A Bad Company
- Unhappy With A Good Company
- Unhappy With A Bad Company
- No Company
I’ll let you consider which ones would be good prospects for you to discuss your business with.
The 7 Magnetic Sponsoring 3.0 Videos will give you a great overview of Network Marketing on the Internet. Again, you can get access to the free videos here: Mike Dillard’s 7 Free Videos.