Online MLM Business — How To Create Passive Wealth With Your MLM Company FAST

Passive Income is profit acquired without working. It comes on a regular basis, every month. Is that not what we all want? Is that not why we are here in this industry? But Do You Create It Fast?

For us in network marketing, we have an advantage in understanding the benefits of a passive income business. We are ahead of individuals who are still trying to realize why and how they should create passive income. Nonetheless, this advantage of understanding is futile and useless without the knowledge of how to create it fast and fool-proof.

After years of constant success in this industry people always ask me: If you would have to narrow down to just three things that would lead me to success with online network marketing what would they be?

This is what I say:

1. Build a powerful marketing funnel that converts

Without a marketing funnel that converts, you are wasting time and money. Whether you are using a direct funnel (targeting your opportunity) or an indirect funnel (targeting a qualifying page or info product or lead generation system) it has to product a positive ROI.

Meaning, it has to produce more money than you spend in advertising. This is much easier to accomplish with an indirect funnel selling and information product or a lead generation system.

I constantly tweak my systems to increase conversion. Sometimes, even one word in the headline can make a huge difference. The color of the page, the button in the form and many other elements can make the difference. Luckily we have a lot of information based on studies and results of what coverts better on the web.

2. Learn how to drive traffic to your funnel

This is one of the grandest challenges for almost 100% of marketers. There are many ways to drive traffic online, I wrote books about it. The best way is to learn one discipline at a time. I believe that are 5 major ways to drive traffic to any site.

a) PPC ( pay-per-click) specifically Google, Yahoo, Bing and Facebook
b) SEO ( search engine optimization)
c)  Social media syndication with Facebook, Linkedin, Twitter and YouTube ( that’s all you need)
d) Facebook direct prospecting – This is the most immediate way to sponsor people. Start by watching this webinar
e) Twitter and Blogging – This is a deadly combination that can generate all the leads you ever need.

When you master traffic, you master your business.

3. You are an important part of the sales funnel — call your leads within 24 hours

Until you have a powerful, famous personal brand that attract people to call you based on your authority, you have to call your leads.  For the most part people will not call you. They expect a call from you. The good news is that if you call them right away, they are receptive and willing to spend time with you.

You are the last piece of the conversion funnel. It’s not enough to write great ads and have a killer funnel that generate leads like crazy, if you don’t know how to call you leads “correctly” and sponsor them, your efforts are in vane.

Developing communication skills is paramount if you are to build a large organization. Sponsoring people it’s not about giving a syrupy sales pitch about your company and product, it’s about asking question, connecting with your prospect and solving problems. For this you need knowledge and practice!

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To Your Success!

Riccardo Ferrari

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riccardo ferrari

Riccardo Ferrari is a former naval engineer. For years worked in the maritime industry as an officer on cruise ships. He is in direct marketing full time since 28 years and become the #1 income earner in five major direct marketing companies and top earner in several internet ventures. Along the way, worked as VP and senior consultant for several companies. Some were owned by billionaires, doctors and celebrities.