Free Network Marketing Leads - Is There Such A Thing?
Several years ago I was one of those people looking for free network marketing leads. However I was also one of those people who has spent tens of thousands of dollars on leads.
Looking back while spending money for traffic is certainly easier, it is also pointless when you don’t know what to do once you get a lead. After a bunch of failures, by failures I mean whats the point of getting 400 leads a month and having 30 people join your business only to watch them give up in their first 3 months in business? The reality is in network marketing there is a high turnover rate.
It doesn’t matter who’s company it is, I don’t care what anyone else says. All network marketing businesses have a high turn over rate. Don’t be fooled into believing that there are companies out there that are more special than other companies. It’s simply not true.
Fact is, most people fail. I was pretty naive in my early days, I would spend money and see results and get so excited I would tell the people how I was bringing people into my business. Mostly what I got from them is “I am broke”, ” I am not spending any money till I see some proof” ,”I know this is another scam”, “I’ll try” etc….
I was just breaking even because as many people as I was bringing in just as many was quitting. All I was doing was spending money on advertising and doing what my upline recommended and it worked. The only problem is I was attracting the wrong type of person into my business. I was attracting the person who didn’t want to work or spend money. The person wanted someone to hand them success on a silver platter.
The Search For Free Network Marketing Leads
After 3 years of playing this game where I would bring 20+ people into my business monthly and loose 20+ monthly I simply got exhausted. There had to be a better way. This is when I started looking for free network marketing leads. I figure if I could cut out the cost of advertising, I would see a better profit. All I had to do was find out where the free traffic was and I would be in business.
Have you ever tried using a traffic exchange or safe list ? If you have than you already know how pointless clicking for credits is day after day. This type of traffic is bad anyways because most of the people who use these services don’t have much or any money to spend on their business at all.
Most of the people using those services are desperate to get anything to work. Personally I do use some traffic exchanges and some safe list. They are a good way to diversify your traffic needs. However I spend money on advertising in those places. The hours it would take me to earn enough credits to actually see any meaningful results isn’t worth the time investment.
Time Investment – How much is your time worth? You are better off spending 2 hours working on a killer blog post than you are wasting 2 hours clicking for credits. Heck you are better off commenting on blogs and getting involved with forums 2 hours a day than you are clicking for credits. Your time is your most valuable asset you have. Also once you spend time you can never ever get it back. Your time is worth 10x’s the amount of any dollar figure you think you are worth.
You need to understand that free network marketing leads are not free. Even if the word free is involved there is a time investment and that time investment can be very costly indeed. In fact I would rather spend $80 a month on advertising than spend 120 hours trying to get free network marketing leads.
Wanna know why most people fail? The reason is because to many folks are spending 120 hours with minimal results at best. You won’t hear that, but even the “guru’s” of the network marketing world aren’t telling the whole story. Why would they? All it would do is hurt their business of suckering ERRRR I mean convincing their following to take action.
How To Harvest Quality Free Network Marketing Leads
Word Of Caution: Never rely on only 1 source of traffic. Never ever put all your eggs in one basket online. You never know when 1 source of traffic is going to dry up. Chances are getting traffic to your website is going to cost you money. Even still you can get free network marketing leads. Since as a network marketer you are essentially an affiliate marketer you need to understand a couple of things.
1. Network marketing and affiliate marketing on the internet is the same thing. You basically get paid for recommending products and services.
2. You will often here people talk about multiple streams of income and funded proposals, you need these to get Free Network Marketing Leads. By making sales on affiliate products on the front end of your business, the sales themselves will pay the cost for you to advertise and get your traffic for free.
Free Traffic = Free Network Marketing Leads
A lot can be said about blogging. It is blogging that will benefit you the most. You use your blog not only to brand you but it is also a way for you to get backlinks and seo traffic. It will still cost you to run a business online. If you are ready to get off the fence and play ball the good news is for as little as $40 a month you can have hosting and an autoresponder.
Remember using other peoples “systems” really isn’t the answer. Yes it can make life easier and does offer you a short cut kinda. However, what is important is to find a “team” of marketers who will work with you personally to help YOU achieve success online. You need to be the one seen as the hero and not a zero
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Great Post written on perfect TOPIC.
This is a very common and serious problem in this field. Many folks who want short term money with less works are easily attracted to such schemes. But why not they think that WHO in this SELFISH world will PROVIDE FREE LEADS???
Not only you many of us have faced same situation like you and then turn to REALITY i.e. Hard work and Long Term Profit.
As per me Investing in such thing is to Put OUR hard earned MONEY in FREE into others pocket with our OWN HAND and WISH.
Thanks a lot for sharing such a useful post.
Hi Meg, that just it because so many people are willing to believe in the dream common sense goes out the window.
Many times its not the person selling the hype that’s the problem, its the person buying into it. Then later blaming everyone and everything for their failure except themselves.
“Not only you many of us have faced same situation like you and then turn to REALITY i.e. Hard work and Long Term Profit.”
Ultimately it’s the only way for long term success..
Thanks for sharing!
Thanks for the article your advices are very helpful.
Hi Vlad! I am glad you found it helpful 🙂
As I’m a beginner I always listen to your experienced advices thanks again.
Hello Larry,
Thanks for a very truthful post.
I got started with MLM/NWM way back in 1995. I was in a company named New Image International. We had only one product, a herbal weight loss product.
What I really like, no, loved, about NII was they had some really great training.
Our marketing director/trainer was none other than Dale Calvert, who went on to become a multi-millionaire in the MLM industry. I still follow Dale today in some of his training.
But Dale has always said, MLM/NWM is a numbers game.
You have to play the numbers by getting your offer before as many people as often as possible with the goal being, finding people who are at the right time in their life. Meaning, we are looking for people who are fed up with the status quo in life.
We are looking for people who may have just lost a job, or they are looking for freedom in some sort of way. Financial, time or both.
By continuing to effectively work the numbers of people we expose our offer to, and at the risk of many quitting, eventually the cream will rise to the top.
Truth be known, most successful people in MLM/NWM are making most of their money off 1 or 2 KEY people in their downline.
Great stuff man, keep it coming.
Cheers,
Willie
Hey Willie hope all is well with you. You are absolutely right it is the few that make up the majority of growth in network marketing businesses. What can be mind numbing sometimes is just how many people you have to go through before you find a few good people who are going to give it their all.
Thank for stopping by and sharing
Hey Larry,
Its always a pleasure to read your articles because the points you stress down, most of the time, connects to my experiences at work. Online works presents itself as a rosy picture where one can make easy money but the path is a tough one, tougher than working for someone who gives out paychecks. We need to devote a lot of time, money and smarter strategies to woo people in to the networking fold which is actually not a very easy job.
Thanks George!
“We need to devote a lot of time, money and smarter strategies to woo people in to the networking fold which is actually not a very easy job.”
I agree!
Thanks for sharing