Future of Network Marketing 3
"The Future Of The Networking Industry In An Online World. How To Explode Your Business In 2008 And Beyond."
A Revealing Report By Mike Dillard
Before we dive in, I'd like to invite you to share your views and opinions about these reports once you read them at our forum here.
Professional Partnerships Will Lead To
More Prospects And Greater Profits.
The market has changed, the industry has changed, and therefore, so has the way you’ll make your money…
Now let’s stop for a moment and take an account of what the market looks like today. We need to find out where we stand before we can take a specific course of action.
1: The CTA, or Cost To Acquire, a new distributor will continue to rise.
For the average networker who pursues this business as a hobby, the cost to acquire a new customer or distributor in the cold market will continue to rise.
Advertising costs more today. Full page ads that used to cost $500 now cost $5000. Greater skill sets and knowledge is required to compete in the online marketing arena, and more advertising and marketing efforts will be needed to grab the attention and trust of prospects who are numb to the typical “work at home and get rich” message.
In the end, more money will need to be spent in order to sponsor a new rep or customer in the cold market.
2: The LTV or Life Time Value of a new customer or distributor will continue to decrease.
Before the internet, organizations and companies were protected by an information “buffer zone” which shielded them from this onslaught of people, opinions, competitors, and ads.
It’s this buffer zone that allowed relationships to be built, skills to be learned, and loyalties to strengthen.
But the internet changed all that in the blink of an eye.
Today, building a downline can make you feel like you’re trying to fill a leaking bucket.
There is no long-term commitment because networkers are only as loyal as his or her options, and thanks to the internet, their options are now endless and one click away.
If you consider that a typical rep or customer spends $100 per month on auto-ship, and that you’re personal commission is 10%, you’re making $10 per month in residual income.
If it cost you $150 in advertising or leads to acquire that customer, they’ll need to order product for at least 15 months before you break even.
When you take into consideration that the average distributor sticks around and stays on auto-ship for less than 4 months, you start to run into some big trouble.
Now and in the future, attrition will continue to rise, which means the Life-Time-Value of a distributor will continue to decrease. We’re spending more money, to make less in return, which means one thing…
The way distributors like you make money, must change.
I revealed the solution to these problems almost two years ago in what is still the definitive course to building a downline, and making money fast in an online world… MLM Traffic Formula.
At the heart of MLM Traffic Formula is the concept of “You Inc”.
I’ve taken a few pages of the course and placed them here for your benefit. Take a moment to read these words of wisdom, and we’ll continue from there…
“You Inc.” – How To Instantly
Immunize Your Business Against Attrition
And Competition Forever.
“You Inc is all about realizing that your business is much bigger than just an MLM product or opportunity – which in fact, are not real “businesses” at all.
This is where you say, “Ok, Mike’s lost it…”
Well let me explain…
A true “business” is bigger than any one product or company. A real business cannot disappear overnight. In a real business you have control and 100% ownership of a core asset.
As a networker, you have zero control and zero ownership. You have a tentative contract with a networking company that can be ripped up at the drop-of-a-hat. You think your downline is your asset, but it’s not because it is owned by the company, not you.
You are essentially a 100% commission based sales rep.
What would happen if your company took away your distributorship or closed its doors tomorrow for one reason or another?
You would be dead in the water right? If you were earning a living on that company, you’d be in a huge hole, and that’s because a company or opportunity is not a real business – it’s just a part of one.
Here’s another example… Making money on Google Ad Sense is big in the internet marketing world right now. There are people making a full-time living with it, but what would happen if their sites were removed from the search engines after they make an algorithm change?
They would be broke instantly. Their income would be gone. That is NOT a business.
So, what IS your business?
Well, basically, YOU are your business.
You’re name, you’re face, your personality, your words, your actions, and your energy are your business.
YOU… Serving others, solving people’s problems, the relationships that you build, and the value you provide to the world becomes an actual real life commodity that can be traded for money.
And now you and your business are immune to outside circumstances and influences. No matter what happens in the market place, your business will remain intact and able to produce a profit as long as you choose to.
Did you get that?
When you make “YOU” the issue, and sell yourself, you IMMUNIZE your business against anything that might happen with your company and your product, and you attract your prospects to you through your projection of leadership and service.
I’m sure you remember my four secrets to success:
1. Solving other people’s problems.
2. Your willingness to give without want before you can get.
3. Increasing your value to the world by acquiring knowledge and skills that others want, but are unwilling to acquire.
4. Reaching masses of people with these solutions, skills, and abilities through marketing.
Well I took these four concepts and turned them into “Mike Dillard Inc.”
“I”, as a person, and the services I can bring to others as an individual became my business. My network marketing company just became a small piece in the pie of Mike Dillard Inc.
At that point, it didn’t matter what happened to my company, product, or downline. It could disappear over night because the primary asset, and all of the real equity, was located within me, my name, and the relationships I held with the people I served in the market place.
Those people essentially make up the core asset of “YOU Inc”, which is your list, and the relationship you have with the people on that list.”
Predictions For 2008 And Beyond:
1: From Building Your Downline, To Building Your DownLIST…
My goal isn’t to just build a downline… It’s to build a Downlist.
My goal isn’t to make them a customer of my company’s products alone, it’s to make them a customer of any products they wish to purchase, because in the end, a customer is a customer, and it’s much easier to make $500 in retail income than it is to build up a $500 residual check, which will naturally come in time.
It’s a simple fact that 95-99% of the leads you spent money on to produce will never join your downline, which means that you’re losing out on 95-99% of your potential income unless you make it a practice to find some other way to turn them into a customer.
If you just focus on a downline as your sole business, you get to serve and profit from 5% of your leads.
If you focus on a downLIST as your business, you get to serve and profit from 100% of your leads.
No matter what company they join, they’re still going to need to purchase leads, autoresponders, courses, websites, and a dozen other services that will be used to support their business.
By promoting affiliate offers for the best possible products and services, you get an opportunity to monetize most of your prospects, and turn them into customers whether they join your downline or not. This helps you recoup all of your advertising costs, which basically means you get to advertise and generate leads endlessly for free.
If you’ve been on my newsletter for any period of time, this isn’t new information.
We’ve been teaching this method for years, but…
2: How You Will Execute This Process In 2008 And Beyond Is About To Change…
As we’ve already discovered, your time is your most valuable asset, and there are an increasing number of distractions competing for your attention.
The best way to clear your plate so you can focus on building your list, building your downline, and supporting your team, is to outsource as many tasks as you can.
Well what if you could actually outsource the monetization process, so that it was all done for you?
In other words, what if you could partner with some of the best online marketers in the world who would provide you with the tools and knowledge you need to generate your own leads, and then turn them into cash and customers for you automatically?
…Like a bolt-on addition to any network marketing business that would instantly turn your little MLM start-up, into a world-class marketing power-house in less than 20 minutes.
Well that’s exactly what Magnetic Sponsoring System has been doing for networkers for over three years now…
3: And The Future Is Going To Solidify This Lucrative Partnership Between Us Out Of Necessity.
As a networker, you need to make more money to support your business, but you simply don’t have the time to learn and execute everything needed to do so in an effective manner.
Specialization and focus is required. You can’t be a jack-of-all-trades in five different areas, and still compete against five people who specialize in just one.
Your focus should be on building your list, and building your downline because only you can do those tasks, and they require your full-time attention.
As important as it is in today’s market, trying to monetize your prospects with alternative affiliate offers yourself will only bring you 10% of the potential results because you don’t specialize in that process, and you don’t have the time necessary to do it effectively.
At Magnetic Sponsoring, we do.
In fact, that’s all we do, and we’re the best in the industry at it. Turning your leads into commission checks for you is our specialty.
We have five full-time staff members who do nothing but handle customer service, split-test capture pages and sales letters, advertise, create products, and promote helpful, generic courses to your contacts for you, so you can focus on building your team.
In 2007, we invested over $100,000 to develop a custom shopping cart and affiliate system, giving us new marketing abilities that no one else can compete with.
And the best part?
You get all of this for free. You don’t even have to pay for it. You actually get to “hire” myself, our system, and our entire staff for free.
All you need to do is share your affiliate link with your prospects.
We take over the entire process from there so you can focus on building your organization, yet still make the greatest profits from your list possible without ANY additional work, cost, or effort.
Never before, in the history of this industry, has such a system
and a partnership like this been produced or implemented.
Sure… Other affiliate programs are available, but they offer one-time hits on products that aren’t specifically targeted to networkers, which reduces their value and conversion rates.
A handful of funded proposal systems like Magnetic exist, but they payout two levels in compensation instead of one. This means you’re promoting a second multi-level company, which is against the Policies and Procedures of almost all network marketing companies. Simply put, these programs could cost you your distributorship if you use and promote them.
Magnetic Sponsoring pays out one-level so it can be used by anyone in any company without risk. Neither you, nor your downline have any kind of incentive to go recruit other people into Magnetic Sponsoring, and we don’t want you to.
It might not be as sexy or appealing at first glance, but it supports our ultimate goal which is to provide networkers in every company with a safe, effective system they can use to enhance their business over the long-term.
Never before has an entire company and corporate staff been created to provide you with this kind of system or service for the long-term… At no charge.
This isn’t a part-time endeavor. This isn’t a hobby run by one person from their home, selling ebooks, or 3rd-party affiliate products.
It is without doubt, the most sophisticated, profitable, and effective lead generation and affiliate system ever created, with a growing library of exclusive, wholly owned products that are under the supervision and management of the company to ensure quality, and long-term availability.
In the past, these kinds of systems have come and gone.
There’s been very little stability, limited vision, and a lack of innovation because one person can’t handle the amount of work required.
So what’s the future look like in 2008 and beyond?
It brings a completely new level of sophistication and professionalism.
It’s built around a long-term, dedicated, trusted partnership with a growing, specialized corporation like Magnetic Sponsoring, and you.
- Give out your affiliate link.
- Build your downline.
Our full-time staff of marketers…
- Help you generate your own traffic.
- Provide traffic for you through co-ops.
- Create high-converting capture pages for you.
- Split-test them in real time for you.
- Provide proven, tested banner, PPC, and text ads.
- Keep you up to date on the latest online marketing trends.
- Give you detailed statistic and traffic reports.
- Give you the ability to track multiple marketing campaigns.
- Provide you with a contact manager and event calendar.
- Produce high-quality, generic training products.
- Write and split-test the sales letters.
- Coordinate and hold sophist acted product launches that put BIG commissions into your pocket.
- Write two years worth of auto-responders that sell the products for you.
- Produce marketing videos for you.
- Pay for the bandwidth.
- Test new advertising sources for you.
- Handle fulfillment and customer service for you.
- Provide you with the largest free online mastermind community in the industry at www.MagneticSponsoring.com.
- Send you a check every two weeks.
…And we do all of this for you at no charge. All we ask in return is that you pick up a copy of the Magnetic Sponsoring Course for about $40 which will educate you in the methods and systems that are most effective in today’s market.
You can find the course here: www.MagneticSponsoring.com/msletter
By the time we pay out the $20 commission on the book, pick up the shipping costs, (yes, we even pay for your shipping if you’re in the US), and then printing and fulfillment, we’re not making any real money on that $40.
It’s simply a way to help us ensure that we’re only working with serious people. We don’t want to allow just anyone to tap into our system and our company… That’s a privilege reserved for customers only. Where else can you buy a book and get all of this in return?
The future is changing fast and it might seem a little scary, but together, we can conquer all.
Thank you for your leadership,
Magnetic Sponsoring, CEO