How does a funded proposal system work?
…And why should it be of any interest to struggling Internet marketers?
The aim of a funded proposal system is to help Internet marketers to fund their main business through the sale of a low-cost high-perceived-value entry product on the “front end” and generate bigger sales for the marketer on the “back end”.
A funded proposal system takes into account the fact that the first sale is always the most difficult one to get, and that sales are more likely to flow from an established customer base through purchases on the “back end” after trust has been built up between the buyer and the seller.
A high quality funded proposal system is based on the premise that it makes sense for network marketers to work out a way to generate an initial sale before they introduce their primary business proposal to the prospect.
With a funded proposal system, a low-cost but highly useful product or service is promoted first and is designed to fulfill two objectives:
Objective 1. Sales of the low cost product “on the front end” will bring in cash to help keep the Internet marketer in business.
Objective 2. The “front end sale” builds trust between the prospect and marketer, and leads the warmed-up prospect down a “funnel” which will introduce the primary business “on the back end”.
A recent development has seen the emergence of highly professional funded proposal website systems being sold at deep discounts in the business to business field on the Internet. These professionally designed funded proposal systems are sold as “front end” products in their own right.
A recent example of this is the highly professional Prosperity Marketing System where you can plug your own affiliate links into the website and turn it into your own sales funnel.
The beauty of this kind of system is that you can promote all of your different affiliate links simply by marketing a single link to your funded proposal website. When someone signs up through your link you will earn a small commission from the system, and your new affiliate will see all your affiliate products and will be encouraged to sign up to them and turn them into products in his or her own affiliate funnel.
However, a professionally designed funded proposal system should also give new affiliates the choice of adding their own programs to the system.
For one thing, the system will sell much better if this benefit can be emphasized, as it gives every prospective member of the system the chance of plugging in his or her own affiliate programs as well as giving the funded proposal website seller an opportunity to present his or her affiliate programs to the prospect.
Professionally designed funded proposal systems offer Internet marketers a great way to generate some quick income and at the same time build their main business.
Great post!
Prosperity Marketing System is definitely the way to go! I think this is especislly beneficial to newbies as full training is provided from the basics of using a computer right up to building your list. The system makes things nice and simple!
Linda
Hi Trent,
This a very informative post by David Hurley. He has made some very good points for using a professionally funded system for creating both front-end and back-end sales.
LyleH
Hi Linda and Lyle,
Thank you for reading my article and posting your feedback.
@Linda: I’m pleased to hear your positive comments about Prosperity Marketing System. I wish it had been around when I was a “newbie” – it would have saved me a lot of time and money.
Great article, David. A funded proposal system is something I’m seeing a lot of talk about lately. It’s a great way to get the initial sale, and then leveraging on that to make back-end sales.
Thank you for this great information on how a funded proposal works, as I was never quite sure what it was all about. This article has explained it very clearly and makes it easy to understand.