What is MLM prospecting?

Table of Contents

Prospecting encapsulates the process of searching for and connecting with new potential customers as you work to convert them to your newest customers. For network marketing and direct sales, most people first look for prospects within their own networks.

How do you close a prospect in MLM?

… and RESULTS = SALES!

#1 Magic Words. Every person has their own set of special words, words that they use to define and express emotions from time to time.
#2 Point out Similarities. Our mind works on the basis of one simple formula.
#3 Smile.
#4 Eye Contact.
#5 Yes Stack.
#6 Head Nod.

How do I invite someone to my MLM?

How to Invite Prospects in your Network Marketing Business

Maintain a short invitation to prospects. Most of the people talk too much during their first meet.
Don’t focus always on your outcome.
Make use of Facebook Messenger for inviting prospects.
Cooperate with Coach or trainer.

What is direct prospecting?

Direct prospecting = you try to sell right away. Indirect prospecting = you make yourself known, arouse curiosity, develop the brand image.

How do you find a cold market?

Talk with the person, compliment them, get their contact information, meet with them, and set up exposure after exposure – all of that is building a relationship with them. You are building trust. And when they trust you, they are more likely to sign with you. So, never prospect your cold market immediately.

How do I close a prospect?

6 tips to close a sale quickly and effectively

Identify the decision-maker and start a conversation.
Accurately qualify your prospects.
Pitch your solution (not just the product)
Create a sense of urgency.
Overcome their objections.
Ask for the sale.

How do you approach a cold market?

How can I prospect online?

10 trending tips for sales prospecting

Create an ideal prospect profile.
Identify ways to meet your ideal prospects.
Actively work on your call lists.
Send personalized emails.
Ask for referrals.
Become a know-it-all.
Build your social media presence.
Send relevant content to prospects.

What are the two types of prospecting markets?

Types of sales prospecting

Cold calling and emailing. This is the number-one sales prospecting method and is one of the fastest ways for you to grow your prospect list.
Referrals and networking. This is another staple of the sales world and is one of the most effective forms of sales prospecting.
Social media.

What is indirect prospecting?

[bctt tweet=”Indirect prospecting is about reaching out in a one-to-many type approach.” username=”EngageColleen”] You could even say it’s a little bit more marketing focused than sales focused. Here are a few indirect prospecting methods: Networking. Online networking.