Primerica business owners: It's time to learn what it REALLY takes to become a top earner Are you determined to climbing to the top of your comp. plan?
If you want to become a top earner, you must go well beyond your circle of friends and family.
You MUST learn to market!
Read the rest of this article to learn several strategies top 2% earners are using to build large and lucrative businesses:
- Use Attraction Marketing
Virtually everyone in opportunities such as Primerica run out of people to talk to at some point. That's when they end up chasing people and they just seem to be desperate. Attraction Marketing solves the desperation and lead poverty challenges.
Attraction marketing entails creating and promoting content that educates network marketers how to improve their business results. This content positions you as an obvious expert and leader. This is a very effective way to sponsor people into Primerica.
A few principles govern Attraction Marketing:
- On the Internet, people are NOT looking for your business opportunity. They are seeking a leader they can follow to help reach their goals.
- There's no shortage of people on the Internet trying to promote companies just like Primerica. There are very few true leaders out there.
- By nature people are drawn towards others than can help fix their problems.
- People don't want to be approached by people who simply want to promote things to them.
- When you focus on assisting others to solve their pressing business problems, your value in the marketplace goes way up.
- If you want to receive, you have to be a giver first. How much free content you put out, and how good the content is, will dictate the degree to which people see you as a leader.
When you practice attraction marketing effectively, prospects will approach you to request to join Primerica. With attraction marketing, there is zero chasing!
- Supplement Your Primerica Income
Rather than depend solely on your Primerica business for revenue, introduce multiple revenue streams. Depending your business solely on Primerica is risky. Your best people could quit your business. Your Primerica retention could decline. Primerica management team might change the comp. plan or add restrictions you don't like.
you lower your risk when you diversify your Primerica business income. You must keep focus on not let adding new lines of income distract from your Primerica venture.
There are three main ways to diversify your revenue:
First, sell affiliate products. Think of the courses, services and systems you use and your business. Pick the best ones to promote as an affiliate. Focus on the products that are so good, you would recommend them if you weren't paid to do so. Generally you get paid commissions of twenty to sixty percent.
You can also transform your content into products. Record the webinars you do and turn them into products. Gather a set of your videos and sell them as a course. Put your written content together into an e-book.
One-on-one coaching is another revenue stream you can add to your business. Select a price for your coaching so it's worth your time.
- Capitalize On Revenue In the First 90 Days
People promoting opportunities like Primerica dedicate much too much time to creating income that won't pay off for years to come. And they focus too little on short term revenue. As a result they earn far less than they could.
In the long term, you need a very big downline to create a large residual check. But there's a miniscule number of people who ever create really large organizations.
Attrition is so high that 90% of your organization will quit within the first 12 months. Concentrating your energy on building a huge organization isn't the best way to make money in network marketing.
Increasing the short term income is much more effective. Short term revenue is the commissions you earn in the first 90 days of acquiring a new customer or a new rep.
There's two basic places you earn income in the short term:
Promote affiliate products such as training tools and systems. 95% of people are not going to join your Primerica business, and you should profit from selling to these people.
Promoting a high ticket product line is the second way to maximize your up-front income. A lot of opportunities like Primerica only pay out fifty to a hundred dollars for every person you enroll.
It's much more profitable to promote a high ticket opportunity that pays commissions of $1,000 or more per sign up. Add a high ticket opportunity to your business. The money you make in the short term can increase substantially.
If you want to become a top earner, you must go well beyond your circle of friends and family.
You MUST learn to market!
Read the rest of this article to learn several strategies top 2% earners are using to build large and lucrative businesses:
- Use Attraction Marketing
Virtually everyone in opportunities such as Primerica run out of people to talk to at some point. That's when they end up chasing people and they just seem to be desperate. Attraction Marketing solves the desperation and lead poverty challenges.
Attraction marketing entails creating and promoting content that educates network marketers how to improve their business results. This content positions you as an obvious expert and leader. This is a very effective way to sponsor people into Primerica.
A few principles govern Attraction Marketing:
- On the Internet, people are NOT looking for your business opportunity. They are seeking a leader they can follow to help reach their goals.
- There's no shortage of people on the Internet trying to promote companies just like Primerica. There are very few true leaders out there.
- By nature people are drawn towards others than can help fix their problems.
- People don't want to be approached by people who simply want to promote things to them.
- When you focus on assisting others to solve their pressing business problems, your value in the marketplace goes way up.
- If you want to receive, you have to be a giver first. How much free content you put out, and how good the content is, will dictate the degree to which people see you as a leader.
When you practice attraction marketing effectively, prospects will approach you to request to join Primerica. With attraction marketing, there is zero chasing!
- Supplement Your Primerica Income
Rather than depend solely on your Primerica business for revenue, introduce multiple revenue streams. Depending your business solely on Primerica is risky. Your best people could quit your business. Your Primerica retention could decline. Primerica management team might change the comp. plan or add restrictions you don't like.
you lower your risk when you diversify your Primerica business income. You must keep focus on not let adding new lines of income distract from your Primerica venture.
There are three main ways to diversify your revenue:
First, sell affiliate products. Think of the courses, services and systems you use and your business. Pick the best ones to promote as an affiliate. Focus on the products that are so good, you would recommend them if you weren't paid to do so. Generally you get paid commissions of twenty to sixty percent.
You can also transform your content into products. Record the webinars you do and turn them into products. Gather a set of your videos and sell them as a course. Put your written content together into an e-book.
One-on-one coaching is another revenue stream you can add to your business. Select a price for your coaching so it's worth your time.
- Capitalize On Revenue In the First 90 Days
People promoting opportunities like Primerica dedicate much too much time to creating income that won't pay off for years to come. And they focus too little on short term revenue. As a result they earn far less than they could.
In the long term, you need a very big downline to create a large residual check. But there's a miniscule number of people who ever create really large organizations.
Attrition is so high that 90% of your organization will quit within the first 12 months. Concentrating your energy on building a huge organization isn't the best way to make money in network marketing.
Increasing the short term income is much more effective. Short term revenue is the commissions you earn in the first 90 days of acquiring a new customer or a new rep.
There's two basic places you earn income in the short term:
Promote affiliate products such as training tools and systems. 95% of people are not going to join your Primerica business, and you should profit from selling to these people.
Promoting a high ticket product line is the second way to maximize your up-front income. A lot of opportunities like Primerica only pay out fifty to a hundred dollars for every person you enroll.
It's much more profitable to promote a high ticket opportunity that pays commissions of $1,000 or more per sign up. Add a high ticket opportunity to your business. The money you make in the short term can increase substantially.
About the Author:
Ricardo Interpemian has taught thousands of people how to grow businesses like Primerica.
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