Primerica reps: Want to become a top 3% earner? If so, keep reading.
If you seek to become a top earner, you must go well beyond your circle of friends and family.
You MUST learn to market!
Here are 3 ways top earners dominate today:
- Use Attraction Marketing
Nearly all people promoting Primerica run out of leads. That's when they end up chasing people and they just seem to be desperate. The ideal solution to these issues is Attraction Marketing.
Attraction Marketing entails creating and promoting instructional content online that teaches network marketers how to grow their businesses. When you promote instructional content online, you establish yourself as an authority and leader. Positioning yourself as an expert makes recruiting people into Primerica very easy.
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.
- People online promoting companies like Primerica are a dime a dozen. There are very few true leaders out there.
- By nature people are drawn towards others than can help fix their problems.
- People get turned off when they feel someone is just trying to close them on 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. The quality and extent of your valuable free content will influence the degree to which you are considered a leader.
When you practice attraction marketing effectively, prospects will approach you to request to join Primerica. With attraction marketing, there is zero chasing!
- Add More Income Streams
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. Add new revenue sources but do not get distracted from your core Primerica business.
You can choose from three major ways to add new income sources:
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. Only promote the best products and services, not just the ones that pay high commissions. 20%-60% payouts are typical.
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.
Third, you can provide one-on-one coaching to your students that are the most serious. Price your offer so it's worth your time.
- Capitalize On Revenue In the First 90 Days
Marketers in Primerica and similar companies spend way too much time and energy trying to build a long term residual income. And they focus too little on short term revenue. These networkers leave a lot of money on the table.
Long term income comes from having a large downline. 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.
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.
Two sources of short term income exist:
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.
Selling a high ticket product line is another great strategy to increase your income in the short term. Network marketing opportunities such as Primerica usually pay $50-$100 each time you sponsor a rep.
It's significantly more profitable to market an opportunity that pays commissions of $1,000 or more per signup. Add a high ticket opportunity to your business. You will make much more money in the short term.
If you seek to become a top earner, you must go well beyond your circle of friends and family.
You MUST learn to market!
Here are 3 ways top earners dominate today:
- Use Attraction Marketing
Nearly all people promoting Primerica run out of leads. That's when they end up chasing people and they just seem to be desperate. The ideal solution to these issues is Attraction Marketing.
Attraction Marketing entails creating and promoting instructional content online that teaches network marketers how to grow their businesses. When you promote instructional content online, you establish yourself as an authority and leader. Positioning yourself as an expert makes recruiting people into Primerica very easy.
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.
- People online promoting companies like Primerica are a dime a dozen. There are very few true leaders out there.
- By nature people are drawn towards others than can help fix their problems.
- People get turned off when they feel someone is just trying to close them on 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. The quality and extent of your valuable free content will influence the degree to which you are considered a leader.
When you practice attraction marketing effectively, prospects will approach you to request to join Primerica. With attraction marketing, there is zero chasing!
- Add More Income Streams
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. Add new revenue sources but do not get distracted from your core Primerica business.
You can choose from three major ways to add new income sources:
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. Only promote the best products and services, not just the ones that pay high commissions. 20%-60% payouts are typical.
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.
Third, you can provide one-on-one coaching to your students that are the most serious. Price your offer so it's worth your time.
- Capitalize On Revenue In the First 90 Days
Marketers in Primerica and similar companies spend way too much time and energy trying to build a long term residual income. And they focus too little on short term revenue. These networkers leave a lot of money on the table.
Long term income comes from having a large downline. 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.
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.
Two sources of short term income exist:
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.
Selling a high ticket product line is another great strategy to increase your income in the short term. Network marketing opportunities such as Primerica usually pay $50-$100 each time you sponsor a rep.
It's significantly more profitable to market an opportunity that pays commissions of $1,000 or more per signup. Add a high ticket opportunity to your business. You will make much more money in the short term.
About the Author:
Ricardo Interpemian has taught thousands of people how to grow businesses like Primerica.
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