MLM Lead Source Companies

Leads don't convert... you do. If you have no experience with calling people who don't know
you and probably have no interest in your specific offer expect to burn through a fair amount
of money getting that education and developing that skill.

Meanwhile, that is probably the worst way to attempt to build a successful network marketing
business. It isn't at all duplicable so even if you become very good at it you will experience a
great deal of frustration because the vast majority of those you wish to sponsor will not have
those skills and will have no interest in learning them.

Create your own leads it will be better for you and you can controle more of your funnel.

There are a lot better ways to generate your OWN leads. I used to buy leads and call them - it wasn't effective for me at all. Even though it does work for some people, I don't personally recommend it.

You don't want to spend the rest of your MLM career cold calling leads, do you?

Generating your own leads is a true leverage, and it's much easier to convert leads that are already know you!

Don't pay list/lead brokers. Most of them could care less about you. If you use a list/lead broker, the best possible route is to find 1 PERSON who works there that you ONLY talk to. That way you can at the very least have a good chance of getting good leads. But talking to multiple people from a list company... it's like a payday loan. Money sharks.

Most importantly.... generate leads yourself. Get a prospect to raise their hand and say, "I want YOU". Leads like this convert much better than purchased lists.

Converting directly on MLM is pretty difficult. Who exactly is looking for mlm opportunities? Maybe those who have done them before but other than that you're better off with more general leads on 'business' ownership, side income, etc and leading with a product first.

I do not think it matters whether you buy leads or not. But not crappy leads that are oversold.

For years I have read able providing value first. I truly did not understand what that meant. I recently finished reading a book called the "Go-Giver." And then I understood what providing value is. It is not simply money, it is touching and enriching lives. Also, the term 'to sell' comes from the root 'to give.' So the question for me has become, 'How can I give?' when I speak with someone. Of course, I would like them to join me or buy a product I'm promoting - I have to eat of course. This has been, for me, a long process of learning. Sorry if it seems like I'm rambling. Hope this helps.

OK - all great comments for sure. And I agree with most of them based on the definition of a traditional network marketing opportunity.

I honestly don't think I could sell a traditional network marketing oppy with this method.

The ONLY reason I think it could work is how attractive and DIFFERENT to other opportunities out there by virtue of how this business is set up - and how big commissions are and how it takes no upfront out of pocket money to get started.

I've made a lot of money with this company - ..just not with this particular method I am about to endeavor in.

But here is why it makes me think I will make a lot more money cold calling Network Marketing leads.

Before I list the key factors below, and I know everyone says this about their product - I'm well aware of the cliche - but the product our team sells is bar none the best product quality-wise and commission-wise in the marketplace that I've ever seen. I've been doing this a long time and this is the ONLY network marketing company and product that I'm willing to stand by for this long.

Anyway, here are my bullets of why I think cold calling will work for this particular business (as opposed to some traditional MLM business)

1. No out of pocket money to get into the business. Comerica bank finances our new team members into the business - Comerica Bank even has their own dedicated 800 number just for OUR team. That's how credible our business and our product is. That is one of, if not THEE main selling point for people don't want to spend a lot of money upfront so they can start a real business working from home and make a real income. This one point removes the main obstacle for people who want to start a business - not enough capital to get going.

2. The commission structure is lucrative as hell. Up to $2360 per sale. And it doesn't take long to get to that point. In 3 more sales (either by me or my team), I will be making $1770 per sale. and then in 7 more sales after that, I'll be up to $2065. And then in 10 more sales after that, I'll hit $2360.

3. Never have to sell to friends and family.

4. Threeway targeted leads into an 8 minute overview call (the money line) which does all the selling in itself. A benefit loaded message that describes the oppy.

5. Everyone we call are (supposedly) highly targeted leads: Network marketers. 1-they have the dream of being rich, 2-they know it takes work and risk to make the big money, and 3-they have marketing training. I wouldn't dream of trying to sell this to ANYONE I know... they. just. don't. think. like. me. But Network Marketers DO! That's the theory anyways.

I just need to find a good reliable lead source to start working through.

Anyways, those are some thoughts that crop up after reading through all your comments.

Thanks for the great discussion guys - even though most of you are not encouraging my plan of action. But I wonder if after you see what I'm saying, would you be more inclined to understand what I'm about to do? Or would you pretty much stay on the same line of thinking?

Thanks again

I've always been into traditional Affiliate Marketing. Targeted traffic => Lead magnet => Opt-in => Follow up with valuable content => Build a relationship => Go for the sale. Works awesome for me. I've been very successful with it.

I've been pretty much doing that and almost nothing else for the last 8 years. If it works why change? Well, that's true, except that after a while things get boring, so I wanted to try something new. I decided to get into network marketing. I found a great biz opp and signed up.

Well, here I am thinking that I know it all and so I go and approach it like it was Affiliate Marketing. Big mistake. I failed miserably. It was frustrating as all heck because I'm sitting there racking my brain wondering how exactly it could be that I could build a successful AM business and then fail so miserably at network marketing.

The way I got past this was to seek out others who were successful at network marketing and approach them on Facebook and strike up a conversation. I was honest and came right out and asked them for some pointers. I was absolutely BLOWN AWAY when I saw how friendly and helpful these people were. Here were people who didn't know me from Adam and they were bending over backwards to help me. Of course, most of them also tried to recruit me into their biz opp but I had no problem with that at all. As a matter of fact, I ended up joining a few of them.

That's when it hit me like a ton of bricks. NETWORK marketing. Forget about the marketing part and concentrate on the NETWORK part. Once I finally "got it" I started signing people up to my biz opp left and right. Many of them flaked out and quit, but the more I learned about network marketing biz opps, the more I learned that's quite normal so I stopped worrying about the ones who didn't seem to care and started concentrating on the others who were like me and wanted to learn and be successful.

The point of my story is that after learning more about how network marketing works, I can honestly say that I would never try to buy and then cold call leads. I'll admit I'm a rookie when it comes to network marketing but one thing I've learned is that people are buying into you much more than they are the actual biz opp. For the most part, good network marketing biz opps are pretty similar. It's you that has to stand out if you want to successfully recruit others into your downline.

I just don't see buying leads and cold calling being very effective. Like I said, I'm a rookie. There's a good possibility that I'm wrong about that. It's not something that I would do, though. Just my two cents for whatever it's worth

The BS is starting to surface... lol

Your hotline message says you have a source of unlimited leads
that everyone who joins has access to. If that's true why are you
looking for another source? If it's not true why are you involved?

$4000 water machines? Really? I think you bought into a high
dollar comp plan. Good luck with that.

Ok the thing with MLM companies is that they dont work like other people say they do.
I am not trying to be negative but i think there are some better ways to invest make money than MLM companies. Maybe there is some money in it but either you have to be really on the top or to waste a lot of money and hope they dont get out of businesses until you get your money back. And you should be lucky if you get some profit out of it. I worked and failed with MLM i hope you have better luck that i did. Everything i encountered from MLM's was fraud.
Hope this helps.
Cheers.

If you're not good at following up with leads and closing them over the phone you could always pay a company to do it for you. I highly recommend a company called MyPhoneRoom.

Here you go:

myPhoneRoom Explained

MLM's are now getting rushed day by day. This business is not a good idea to make money. This is one kind of cheating business. I not agree with this kind of business.

I just came across Lime Leads after searching through Google last night and am just about to pull the trigger on one of their packages. Will report back if I end up giving them a go.

I just received a pm from someone asking me about these guys and if I gave them a go. Yes I did buy a package from them back in November, but forgot about this thread. Results? Not great unfortunately I would have probably done a brief write up of my experience, but the buzz for this program didn't seem to be so high so I didn't bother.

You need Grant Cardone bro! lol

His shit is gold for closing cold calls! hah

What MLM are you working with now? Which methods have you already used that worked?

After conducting SEO analysis of both sites, none of them seems to look genuine enough because both have low Google PR and Alexa rankings... I personally recommend you to promote your products or services on Social Media because it is not only free but highly effective as well... I have tasted good success being on Social Media myself...

Hey Cosmo, as Tsnyder pointed out (not sure what his actual name is lol) cold calling is perhaps the least duplicable skill you can develop.

Can you get sign-ups with it? Sure. But don't expect your team to do the same.

The most effective way to get MLM leads is to generate them yourself by marketing a free offer online so your prospects give their email address (and their number) in exchange for it.

What kind of offer should you market? One that addresses a common problem mlm reps have, and offers a solution.
Example: Free PDF Report Reveals How You Can Generate 4 to 7 Free Leads a Day for your MLM Biz using YouTube! Stop Struggling Now!

You then follow up with them via email and call them, which is where you can mention your business and the system you're using to build it (which you can offer as a paid solution).

If you need any more clarification on this, I suggest you read "Magnetic Sponsoring" by Mike Dillard. It's on Amazon.com and it's the single most eye-opening material I've read for MLM reps.

Good luck to you, and I wish you the best of success with your MLM.

Regards,
Daniel M