Deliberating On Purchasing MLM Genealogy Lists? Study This First
Many folks in the Network Marketing place their hopes on MLM genealogy lists all too often, only to find that they have completely wasted their money!
Armed with their list of 'mlm prospects' they prepare to start following up and recruiting into their business, however once they've called the first 15 or so people they begin to realise something isn't right. No one is taking the bait, no one wants to join their business or buy their products, in fact these so called prospects are pretty angry that you even have their information. It's not working!
So what exactly are MLM genealogy lists?
They are lists of people who were previously involved in a network marketing company, most likely a company that didn't go anywhere and shut down. Sometimes when an MLM company goes out of business they will auction off their list of distributors (complete with full contact details). This of course is open for exploitation by unscrupulous people as personal details are being released here.
The buyers will usually then market to the list themselves, then sell it on to other Network Marketers who are looking for a quick fix to their lead poverty problem. Just Google the term 'MLM genealogy lists' and you will find plenty of people ready to sell you their lists!
Something that many people fail to realise is that these list are effectively breaking the law, there are data protection rules to consider, when joining an MLM company you will sign a data protection declaration. No one signed on the dotted line to say, 'yeah sure, you can sell my information to some random person if the company goes under'. Are you looking to build an honest, legitimate business with integrity? If so you should probably steer well clear of using such lists.
Their details will arrive on your desk after travelling through a whole chain of information networks (mostly unethical) and when you call these people they don't know who you are, they've never requested any information from you and most likely have previously been involved with an MLM deal that didn't work out. Because of how you got their information your actually on the wrong side of the law anyway by calling or mailing them. It's not really the ideal prospect, certainly not what you would call a qualified prospect!
The reasons already discussed should be enough to make anyone realise that genealogy lists are not the way to go, but think for a moment of the telephone prospecting you would have to do. You are looking at 8 hours a day at least of what will essentially be 'cold' calling. There is no other way to prospect them unless you want to start SPAM emailing them and get shut down by your ISP, or you could embark on a direct mail campaign which would be costly. You also need to ask the question 'are you an expert closer on the telephone?', its takes a lot of skill to close warm prospects, let alone stone cold freezing leads!
When all is said and done there's no need really to mess around and waste your time and money with these lists, there are lots of other effective methods that you can use to generate leads for your business every day, especially using the internet. It's not actually difficult to be bringing in thirty or more leads into your business on a daily basis using the internet. I recently did a training explaining the step by step process I use to do this in my business for free, and the benefit is that my prospects already know who I am before they receive information from me.
Please don't deplete your bank account with MLM genealogy lists. Create immediate cash flow and 30+ network marketing qualified prospects every single day, get hold of my absolutely free Monster MLM bootcamp at my MLM training webpage
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