Quick Guide: How incentives can explode your downline
Get more leads by giving away incentives
If someone offer you a free car for looking at a presentation would you do it? The answer Is of course obviously yes . Now this type of prize isn’t common however offering a free giveaway can get more eyeballs to your business opportunity. Let's face it people are more likely to o something if there is something in it for them. That is where incentives come in. Incentives can be a game changer for your business if done correctly.
What are incentives?
Incentives are a giveaway in the form of prizes such as gift baskets cards or coupons. These can vary depending on the type of business and your budget. If you are a health professional, consider a free sample or coupon. In financial services? Consider a free Financial Strategy session. Whichever you choose be sure that it makes the potential prospect more likely to view your business.
How can it be implemented?
This all depends on company’s system. One good way to do it is to make a social media message promoting it. You don’t want to give to much detail away however you can find a catchy way to promote your incentive that gets eyeballs on your post. Make sure you emphasize FREE as that word would get most people to stop what the are doing(think of what it does to Chik Fil A as they tend to give free items out occasionally). Another way is when appropriate you can give it to the people you meet in everyday conversation. Of course this doesn’t work for everybody however you kind of want to go for the ones who are “open” learning more about making an additional income stream. No matter what you choose the point is to get the promotion going. If done correctly there should be an increase rate of individuals watching your presentation which means more opportunity to close more people.
How do I come up with an incentive?
As said before it all depends on your mlm company. Many of them have systems in place where you can get incentives for people to join. If yours doesn’t have one in place there are two things you can do. Create one or implement an already done one. Unless you have the time and money, creating one can be a bit more challenging especially if you are new or have little success in MLM. It is best start with a already done for you system with little investment. I currently use one that gives away cash reward gift cards.
Getting started
Whichever path you choose be sure that it is something you can stand behind and a great offer where people are more excited to check out what you have to offer. The next step would be to start get the ball rolling and track your results.
Hope this information helps you!
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