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Developing positive MLM cash flow is vital to long term success in your network marketing business. Today I want to use the example of Bill and Mary, who have just started a new MLM business. In this illustration, we are needing to take into account the expenses they would incur monthly for things like autoship orders Cheap Andrea Poli Jersey , training materials, travel to company meetings and client contact meetings. For the purpose of illustration we will estimate those costs at $540 per month.
To keep their business up and running, Bill and Mary need to create a sufficient flow of revenue to cover this monthly operating expense or they will be forced to pull from their own personal savings, or even worse Cheap Andrea Conti Jersey , required to take on costly consumer debt.
Today I want to give you a terribly underutilized method for developing a positive flow of cash for your network marketing business. This plan of action involves the use of a monetized marketing funnel as the primary business building mechanism of their multi level marketing lead generation process. The monetization of the marketing funnel is achieved because of the addition of affiliate marketing products and services to the funnel.
This is the way this monetization of the funnel process works. For the purpose of illustration, we’ll assume that Bill and Mary’s network marketing business is formed around a business that markets nutritional supplements, and the core product is a complete nutrition package that retails for $150month. Following routinely stated statistics we would assume that five out of every 100 people that Joe and Sally present their product to make a purchase. If Bill and Mary are making $75 per sale, they will need approximately 7 sales per month to cover their cash flow requirement of $540 per month. This means that they will need to present their network marketing business to a minimum of 140 times each month Cheap Andrea Bertolacci Jersey , simply to break even. No wonder so many wash out so quickly.
Now let’s look at this same illustation with the inclusion of a monetized marketing funnel to the network marketing business model. Bill and Mary do some research and they find a video series that explains the benefits of nutritional supplements in promoting overall health. This video series sells for $39.95, with 50% going to Bill and Mary. Bill and Mary also start marketing a healthy living cookbook that retails for $29.95 with 50% going to Bill and Mary. Bill and Mary’s marketing efforts bring 100 people per day to each of their affiliate pages, where they experience a 5% conversion rate. Here is what now happens to the cash flow in Bill and Mary’s network marketing business:
Video Series – $99.88per day x 30 days = $2,996.25 per month
Cookbook – $74.88per day x 30 days = $2 Cheap Andre Silva Jersey ,246.25 per month
Total affiliate marketing revenue = $5,242.50 per month
Even after subtracting the $540 per month for their network marketing business expenses, Bill and Mary now have a positive cash flow into their business of $4,702.50 per month that can be reinvested into their business Cheap Alessio Romagnoli Jersey , put into for savings, used for debt reduction or even to take that long overdue vacation. The most impressive part of this example is that this income was developed without one sale from their MLM opportunity.
Even more exciting is the fact that Bill and Mary have now also generated a marketing list of 300 people per month who are warm towards their niche and h. Cheap Jerseys China Cheap Jerseys Cheap MLB Jerseys From China Cheap NCAA Jerseys Wholesale Jerseys China Cheap Wholesale NHL Jerseys From China Wholesale Basketball Jerseys Wholesale New MLB Jerseys Cheap Jerseys China Wholesale NFL Football Jerseys