Friday, May 16, 2008

Newsletter- Update on It's Good Business

1) It's Good Business Update

Again this week a quick update on my ItsGoodBusiness effort.

If you would like a quick overview, go to http://itsgoodbusiness.net
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Well another week has gone by and our team is breaking even more records with our parent company. This business model is so solid and works so well that other industries are now starting to take notice.

Many of our team members have progressed quickly through the various compensation levels of our parent company, due to the ongoing efforts of the entire team. I have started pulling in some commissions.. It is such a refreshing change to not have to worry about converting leads into customers (we buy customers) and to only have to talk to people who are keen and excited to build a business. This is exciting! Not bad for just 30 days!

2) Using Guaranteed Signups to Build Your Business

Have you ever come across these ads promoting a "Guaranteed Signup' service? For parting with your money, you are guaranteed to have people sign up into your downline, no matter what business opportunity or MLM company you are promoting.

It all sounds good, but think about it for a second: how can anyone guarantee what another person will do? Sure, you may get people signed up in your downline, but will they do anything once they do sign up? Probably not, and here's why:

There are two basic ways in which these companies work:

1) They hire people and pay them 10 to 15 cents per signup. These 'signups' have no interest in doing anything more than entering their contact details into a signup form. These are not people who have any interest building a business.They probably do not have the financial resources either. They will simply sign up in your downline, trash all your emails, and forget about you.

One company I came across was offering 100 guaranteed signups for $80.00. If they are paying these signups at 10 cents per lead, that's a profit margin of about 85% or better on your order. No wonder there are so many of these guaranteed signups services out there!

The same company indicated that their guaranteed signups would be at least 90 days old or older by the time you got them. By that time they would have forgotten what they signed up for. Do you think these are people you will be able to do business with? I don't think so!

2) Other services will provide 'surveyed signups'.

These are people who have been given some incentive other than money to sign up, usually through some lead generation website where they have been asked some general questions and have been told they will be contacted by the business owner. You may get a few gems in this crowd, but its the same problem you run into when you purchase leads: 99% of them have no real interest, have forgotten they signed up, or are tired of hearing deals pitched at them. The result: lots of frustration for you and no real increase in your business.

Personally, I never have used one of these services. It all seemed like a scam to me.

I don't buy leads. I don't buy guaranteed signups. I buy customers.

Customers who purchase products on a regular basis. Customers who provide me with a stable and growing source of income while I concentrate on prospecting correctly for other serious business builders as part of a powerful prospecting team.

I don't waste my time cold calling, buying worthless leads, and certainly not on guaranteed signups.

Want to see how? Come join me at
http://ItsGoodBusiness.net

Stop wasting your time and money on worthless guaranteed signups!

Quote for Today
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We have all much to learn! Let us teach one another as kindly as we can. - Reade

Have You Got Any Comments?
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This is your chance to speak out.

Comment on articles I've run in the newsletter, give me your thoughts on changes or your ad testing results or questions relating to your business, etc.

In other words, just talk to me about what you think I need to do to improve the newsletter.

Be sure to include your website address too, because if I use your comments in a future issue of the newsletter, I'll thank you by posting your address so that you can get additional free traffic to your site!

Email your questions or replies to: marnels@veretekk.com with the subject "Bully Pulpit Feedback". No marketing or spam to this address please!

This newsletter are also published in my blog at
http://marnels-musings.blogspot.com
Feel free to comment there as well.

See You at Tom's presentation Saturday 1PM PST
Its Good Business
Marilyn Nelson
You can call me 806.229.3825
Skype: marnels

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