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Home Business Opportunity's Articles

What on Earth is a Self Funded Proposal?

What the heck is a self funded proposal? Who writes this garbage? Are you picturing snake oil salesman danicng around in your head? It’s honestly nothing even close to that squirrely. For some people, network marketing is akin to singing satanic chants, endangering small children, while writhing to and fro around a fire in the woods at 2 am. It’s funny, the anger some people express when it comes to networking and MLM‘s. I don’t know why it touched on such a nerve for so many and why they can’t seem to let go of it…….bummer. MLM’s just seem to have the ability to bring out the worst in some people, kinda sad. For many though, the internet has opened up doors with nothing but opportunity behind them. How does one take advantage of that network marketing opportunity without taking advantage ot the system and spamming the crap out of people. We all should hate spam with a passion! Let’s only market to people that are interested in our message, info or product. Seth Godin’s – Permission Marketing – was a breath of fresh air when that was first released. The whole idea behind the self funded proposal is this……As you go through the motion of offering your business opportunity to your leads and prospects, close to 95% of them will not be interested, however, the majority of them will be interested in various ebooks and software programs that will help them with their own internet businesses. Anything that I can do to provide information that helps someone else succeed at their home based business creates value for them and allows me to earn money that I can use to pay for more advertising to generate more leads and website traffic to repeat the cycle as many times as I care to. It’s really quite simple, not all the marketing programs, home business ebooks, or networking software programs are for everyone, but they will be right on target for many of the people that find themselves listening or looking at your initial proposal. That’s why I gravitated to Mike Dillard’s Magnetic Sponsoring Online Program. I’ll eventually create all of my own programs , but this is a great system that’s already in place and makes learning the ropes of an internet network marketing business that much quicker and easier.

Home Online Business Opportunity Online

One of the best ways to get sales in affiliate marketing is to develop an attractive bonus offer.  If a customer is thinking about buying a product, they will usually search around and try to find the best deal possible.  This is a great opportunity for all affiliate marketers, as you will have people searching for specific keywords and terms, and they will be looking into the deeper pages of search results instead of just the first one or two.  If your bonus is attractive enough, you will get the sale.

So how do you create a good bonus?  There is one main rule:  if your bonus is not good enough to sell as an individual product, then it is not a good bonus.  People look for worthwhile bonus offers, not a group of cheap ebooks that are free, often PLR products, that are often totally unrelated to the product on sale.

Good ideas for bonuses can usually be found in the product itself.  Are you marketing a software program?If this is the case, providing instruction about utilizing the program, support on the software, or added content to be used on the program for promotion are good rules to try.

For instance, if you’re marketing an SEO Guidebook, a good idea would be to create a few websites that follow the instructions in the book.Include all important files and data as well as traffic info as a bonus.That way your customers will see some concrete samples of the abstract and unclear principles tackled in te book.

Affiliate marketing is a great equalizer.  Everybody starts with the same product and information.  The amount of profit that you generate is completely dependent on how much extra work you are willing to put into it.  Creating a good bonus offer is not an easy process, but once it is complete, you will reap the benefits when the sales start rolling in.

The Sort of Bonuses I Offer

When we promote a product that we think will really help our member base, we offer ‘credits’ to ViralUrl members, or ‘Guaranteed Visitors’. There are two products in our membership site: ViralURL that we sell everyday to members. They convert well and get members good results, so it is a bonus of real value. We sometimes even offer Bonuses to the same value of the product, so it is almost like them getting the product free.

 

Colin Klinkert is a full time internet marketer making high six figures a year online. Colin handles many membership sites, one of which earns a million annually in revenue.

Colin also blogs about Marketing strategies, methods and news. Read more about the bonuses Colin offers see Home Business Opportunity Online