MLM Secret - Limitations of Traditional MLM Marketing Methods
The crazy thing is that I actually did it.
Once, I made it to the bottom of my list (that only took about one or two weeks), I asked my sponsor what I should do next and he said to make another list or prospect the list I already had again.
Using your warm market is a traditional MLM marketing method but it has it limitations.
The first limitation is that using warm market prospecting is not targeted.
It's not targeted because you are talking to people that didn't request more information about your network marketing product or service.
When it comes to marketing your business that is probably one of the biggest mistakes that you can make.
Can you find customers and business builders using this method? Yes, you can and there are some that grow a large organization using just their warm market but that is the exception not the rule.
One fundamental rule of marketing is to target your marketing.
The more your message relates to your prospect, the more likely you are to convert that prospect into a customer.
The problem with using your warm market as your leads is that you are trying to create interest in your network marketing product (or if you do what your MLM Company preaches, in the business opportunity) instead of them already being interested to begin with.
This traditional MLM marketing method requires a lot more time and energy to get sales.
Another problem with using the traditional marketing methods that are taught by MLM companies is the limitation of using your warm market.
How many people do you really know? Even if you can write a list of 100 names and you got everyone on that list to give you 20 more names (which isn't likely to happen) you only have 2000 leads to work with.
And remember these are just names and numbers of people, they aren't people that already have an interest in your network marketing product or service so you are going to have to try to create that interest.
It doesn't matter what business you are in, leads are the life blood of that business.
Without leads, your business is dead.
In order to grow your business to where you are making a good living every month, you will have to make a substantial number of MLM sales.
I can almost guarantee that you will NEVER close 100% of the time but you will make more MLM sales by talking ot people that already have an interest in what you have versus trying to create that interest.