MLM Training From:
Randy Gage
David Ledoux
Joshua Shafran
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MLM Lead Generation Via Newspaper Ads: The End Of An Era?
by David Ledoux, Founder
ILOVEMLM.com
Recently I was discussing MLM lead generation with a coaching client of
mine. He was lamenting the high cost of classified ads in regional and
national newspapers. His cost per lead from USA Today was approaching the
$40 per lead mark, and he was struggling with prospects scattered from coast
to coast and every Podunk town in between. He had tried narrowing his ads to
the main city papers in his state, and it was even worse.
He was seeing $300 ads not get a single phone call in the Business
Opportunity Section of his big city paper. Anyone who has tried to build an
MLM business for any length of time can relate. Lead flow is the lifeblood
of the business. Ironically, I came into the industry via a small classified
ad in my local city paper. In December 1990 I called of an ad in the Toronto
Sun that said, "I'm 21, drive a new Corvette Convertible, own 5 homes, and
make $15,000 a month. Call if you want I have. Serious enquiries only, don't
waste my time."
I joined that cheeky monkey, and we ran that ad every single day for 6
months. In early 1991, we would never get less than 5 calls a day from that
ad. I think our record was 23 calls in 1 day. 1 day! I enrolled over $30,000
in brand new volume in April 1991 from that ad alone. Eventually, others in
the company started to rip off our ads, and flood the paper. The glory was
over by August that year.
Today, the Toronto Sun doesn't have 1 single MLM ad in it. I checked the Biz
Op section and there were 2 ads for starting your own carpet cleaning
business and one for starting your own coffee truck. The medium has shifted.
If you are going to advertise, you need to be in front of your target market
in the most cost-effective medium possible. In my opinion that is Google.
You can now put your ads on Google Adwords as tightly targeted as a zip
code. Let's say you want to create some leads in Las Vegas. You open an
account in Google Adwords, pick your region, pick your keywords, write 2
ads, put in your visa number, and presto! You can have leads coming in
within an hour. No waiting days for a newspaper. This is ultra-fast targeted
MLM lead generation for the 21st century!
The true power is you can split-test your ads on the fly. You can constantly
be tweaking headlines and ad copy. You can improve the pulling power of your
ads every hour if you wanted to. The larger your keyword count, the more
eyeballs will see your ad. If you want someone in Las Vegas who searches for
"yeast infection herbal cure" you can put your ad right in front of his or
her eyes. Nothing else is as powerful.
If you know what you are doing, you can eventually get 100 visitors to your
landing web page for as little as $5.00. Even if your landing page is a
super-tight screener, and only 5% fill out the form, that's still a cost per
lead of a buck! If you ran an ad in any Las Vegas paper you couldn't get
your cost per lead under 20 bucks, and forget about tweaking your ads on the
fly.
Network marketers are notorious early adopters. Back in 1991 real estate
agents, drug dealers and network marketers were the only ones with those
giant brick cell phones. We were quick into fax on demand, video and
audiotape prospecting, and of course we practically took over the web in 97.
It's worth your time to teach yourself how to advertise on Google. There are
a ton of great courses out there, discussion forums aplenty, and Google
itself has a bunch of great tutorials. There is never any excuse to ever
again have to buy an overpriced burned out lead from some broker.
Good luck in your MLM Lead Generation!
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David Ledoux has been involved in the network marketing industry for 15
years. He is an author, speaker and million dollar earner. To discover more
jealously-guarded secrets of making $100,000.00 or more every year through
MLM check out his new book, The Ultimate MLM Blueprint for Massive Success.
The book and a FREE MLM Training ezine are available online at
http://www.ilovemlm.com
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