Monday, February 16, 2009

The Magnetic Sponsoring System - Does it Really Work?

By William F. Cook

The Magnetic Sponsoring System is a prospecting system that allows network marketers to qualify their leads and to make a profit from leads who don't join their business opportunity.

Most networkers face two problems: not enough high quality leads and not enough cash flow. The Magnetic Sponsoring System solves these two problems. First, the system allows you to sell two highy valuable informational products that every networker needs. The first product is called "Magnetic Sponsoring" and the second product is called "Building on a Budget." The idea behind this is that only those leads that purchase one of the informational products are high quality leads. In other words, it is a way for you to determine which leads are motivated and which ones are tire-kickers. This allows you to earn a profit from your leads even if they don't join your business.

Second, the commissions that you make from the sale of these two informational products should be used to cover your advertising and business expenses. Therefore, the income you make from people joining your primary business opportunity by using the Magnetic Sponsoring System sales process is net profit. This process not only puts more money into your pocket, but it also allows you to stop paying for leads because your leads are actually paying you.

Mike Dillard, one of the nation's top network marketers and the the founder of the Magnetic Sponsoring System, states the following: "You use a funded proposal system, (like the Magnetic Sponsoring System itself), as a way to make immediate profits, which means you can afford endless advertising, which means you can generate endless leads, which means you can sponsor more distributors."

By retailing informational products first to your leads and then recruiting second is one of the techniques that the masters of the industry use. Statistically, only 1 or 2 leads out of 100 will ever join your business opportunity. On the average, 1 out of 20 leads will purchase an informational "how-to" product. This is just one of the benefits that the Magnetic Sponsoring System offers.

The Magnetic Sponsoring System works if you work the system. If you follow the sales process and the training that the Magnetic Sponsoring System offers, you can truly grow your business opportunity a lot faster than by using the "old school" ineffective ways. - 16651

About the Author: