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 need a way to promote to thousands of people- not just to the small number of friends and family network marketers are taught to approach.
You absolutely need to learn the #1 skill of all top earners: marketing to massive numbers of people at a time.
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.
There's a few key factors in Attraction Marketing:
- Most people aren't looking for a business venture to join. Most people really want to find a leader who can show them the way.
- There's no shortage of people on the Internet trying to promote companies just like Primerica. There are very few true leaders out there.
- People instinctively are drawn towards people that can help them solve their problems.
- People are sick and tired off getting approached by people who attempt nothing more than to close a sale.
- 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.
as a result of your attraction marketing efforts, some people will find you and want to sign up for your Primerica team. No more chasing!
- Supplement Your Primerica Income
Instead of being dependent on your Primerica business, build other income sources into your business. There's a lot of risk when you depend exclusively on your Primerica opportunity. You never know if your top people will leave your downline. Market demand might weaken for your Primerica product line. The management team at Primerica might make changes you don't like.
Risk goes down when you diversify your income streams. 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:
Add affiliate offers to your marketing mix. Think of the courses, services and systems you use and your business. Pick the best ones to promote as an affiliate. Your reputation is at stake, so only promote affiliate products you feel good about. Typical affiliate commissions are 30%-50%.
It's also possible to convert your own content into paid products. When you do webinars, record and sell them. Group a bunch of videos you created and sell them as a course. Collect your blog posts and articles and make an e-book out of them.
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.
- Increase Your Immediate Income
People promoting opportunities like Primerica dedicate much too much time to creating income that won't pay off for years to come. As a result, they end up spending much too little time generating revenue in the here and now. These networkers leave a lot of money on the table.
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.
Retention is terrible in network marketing. Nearly everyone in your downline will quit in the first year. Focusing almost all your efforts on creating a large downline is NOT the most profitable business model.
It's more profitable to maximize the short term revenue in your business. Focus on the revenue you derive in the first three months of acquiring a new rep or a new customer.
There's two basic places you earn income in the short term:
Promote affiliate products such as training tools and systems. Profit from the 95% of people who do not join your network marketing business.
Another source of immediate income is the commission you earn from sponsoring people into a high ticket opportunity. 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 need a way to promote to thousands of people- not just to the small number of friends and family network marketers are taught to approach.
You absolutely need to learn the #1 skill of all top earners: marketing to massive numbers of people at a time.
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.
There's a few key factors in Attraction Marketing:
- Most people aren't looking for a business venture to join. Most people really want to find a leader who can show them the way.
- There's no shortage of people on the Internet trying to promote companies just like Primerica. There are very few true leaders out there.
- People instinctively are drawn towards people that can help them solve their problems.
- People are sick and tired off getting approached by people who attempt nothing more than to close a sale.
- 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.
as a result of your attraction marketing efforts, some people will find you and want to sign up for your Primerica team. No more chasing!
- Supplement Your Primerica Income
Instead of being dependent on your Primerica business, build other income sources into your business. There's a lot of risk when you depend exclusively on your Primerica opportunity. You never know if your top people will leave your downline. Market demand might weaken for your Primerica product line. The management team at Primerica might make changes you don't like.
Risk goes down when you diversify your income streams. 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:
Add affiliate offers to your marketing mix. Think of the courses, services and systems you use and your business. Pick the best ones to promote as an affiliate. Your reputation is at stake, so only promote affiliate products you feel good about. Typical affiliate commissions are 30%-50%.
It's also possible to convert your own content into paid products. When you do webinars, record and sell them. Group a bunch of videos you created and sell them as a course. Collect your blog posts and articles and make an e-book out of them.
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.
- Increase Your Immediate Income
People promoting opportunities like Primerica dedicate much too much time to creating income that won't pay off for years to come. As a result, they end up spending much too little time generating revenue in the here and now. These networkers leave a lot of money on the table.
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.
Retention is terrible in network marketing. Nearly everyone in your downline will quit in the first year. Focusing almost all your efforts on creating a large downline is NOT the most profitable business model.
It's more profitable to maximize the short term revenue in your business. Focus on the revenue you derive in the first three months of acquiring a new rep or a new customer.
There's two basic places you earn income in the short term:
Promote affiliate products such as training tools and systems. Profit from the 95% of people who do not join your network marketing business.
Another source of immediate income is the commission you earn from sponsoring people into a high ticket opportunity. 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.
