Apr
14
What is a MLM email lead, What does MLM stand for?
By
Inquisitive1 questioned:
I was looking for email leads for my boss and I keep coming across “MLM”. What does MLM mean and is there anything I should know about MLM?
I was looking for email leads for my boss and I keep coming across “MLM”. What does MLM mean and is there anything I should know about MLM?
Multi-Level Marketing
The Shocking Truth – 7 Myths of MLM Email Leads
There are 7 Myths about mlm email leads and the companies that provide these services that you should be aware of and avoid when choosing a lead company.
Anyone starting a Multi-Level Marketing business or any type of home business will need a lead company to provide targeted prospects for your business. One thing you need to question yourself is how they generate the leads. Excellent companies will generate potential contacts through a range of methods.
Today, lead generating companies use the internet along with telemarketing, ad campaigns, and direct mail campaigns. They will then use a software program to provide you with business opportunity leads that fit your business.
I personally have been in network marketing business for over 10 years and know how deep the shark infested waters of terrible lead companies that over promise and under deliver. There are 7 Myths about mlm email leads and the companies that provide these services that you should be aware of and avoid when choosing a lead company.
Myth 1 “We will give you 50 FREE Leads to try out with no obligation”
Many companies will offer you free leads to try out their service. First, the leads that you get are not very excellent, responsive, and often more than 72 hours ancient which means the leads are not “hot but “cold”. Secondly, and more importantly, when you sign up to get the free leads, you just became a lead.
Myth 2 “We generate our own leads”
This is fake. 90% of lead companies do not generate their own leads but buy their own. They in turn resell them to you. These leads have been “turned” so to speak anywhere from 5-10 times. Your response rate will be significantly lower because of this vital factor. I have more information on who DOESNT practice this technique here:
MLM Email Leads
Myth 3 “Our leads are Targeted Leads to your home business specialty”
One of the ways to “capture” a lead is to place up what we consider a “pop-up” window on a website that might be asking you if you want more information on a “credit card offer”. Then that company turns to any lead company and sells it. Now if you have a home business and looking for people who are interested in starting a home business, you go to Lead Company A and buy some mlm email leads. You will get leads from people who wanted information on credit card offers, not a home business. Is that targeted? What are your chances of converting a sale? Slim to none.
Myth 4 “Our Leads are 24 Hours ancient or less and “fresh”.
90% of leads sold are over 24 hours ancient if that fresh. The reason is modern technology, detailed work, time spent to gather the leads captured, and to upload them to you through an excel spreadsheet or other form of communication takes time. Make sure you read all the details about how the company obtained the mlm email lead in the first place.
Myth 5 “Leads were not offered an incentive”.
Lead companies will tell you this so that you don’t reckon the lead was offered any payment or free gift for filling out a survey. Most lead companies fail to tell this. Make sure you do the research and question questions of the company before you buy the leads.
Myth 6 “Leads are Company Specific”
Many lead companies indicate to consumers that their mlm email leads are company specific. For example a website has a “popup” window if someone is interested in a earning money part time and they turn around and sell you the leads because they are interested in SFI (Six Figure Marketing) a well loved home business opportunity on the internet. Does that mean its company specific? No where does it say that person who filled out the form and became a lead they were interested in that specific company.
Myth 7 “Millions of people are looking for a home business”
There are not millions of people looking for a home business. There are thousands everyday but not millions. If a lead company tells you that….they are stretching the truth just a bit.
more at web page
An MLM lead is something to be very cautious of because you can waste a lot of time and money on them.
MLM stands for Multi Level Marketing. Which means a company pays commissions on multiple levels. Network Marketing is another term used for MLM.
I recommend you go and check out this FREE-ebook called ‘The 7 Fantastic Lies Of Network Marketing.’ In it you’ll learn some of the largest myths that cause the vast majority of mlmers to lose money and waste years of effort.