Lead Vs Prospect

Lead Vs Prospect Lead vs Prospect: What is the Difference? In network marketing or MLM you have both a Lead and a Prospect. Both have important parts to their role in the Success of your business. A Lead is the 1st person you recruit to your team. A prospect on the other hand is that 1st person you prospect talks to before you do. How do you differentiate between these two? Well simple really its just a numbers game. If you have more leads than prospects then its a good thing. You have a higher turnover rate. This means you are making money on your investment and not losing it. So what makes a great Lead or a great prospect? Well, firstly a prospect must have the drive to buy whatever it is you are promoting. They must be ready to give you their money on demand. They must show an interest in the opportunity. A prospect is a lot like a salesman, only they don't make a call. So how do you find the right prospect? There many ways but I'll suggest 3 that always work. I've had great success by using these free methods. You should start out by doing a little research on who your prospects are, what they are interested in and where they can be found. Try to be as specific as possible. Do some search engine optimisation (SEO) on the keyword phrase your prospect is using. For example, if your prospect is into real estate then try doing a search for real estate agents. Another great place to look is with the Yellow Pages because they often list real estate agencies. Here are a fun lead vs prospect game. What you do is create a squeeze page and invite your friends to join it. Make sure you put the link to your website in the signature. Now go to Google and search for the names of a couple of leads. Send them an email and ask them to join your list. Now you have someone who is interested in your product or service. The trick is to get him to join your list first. When you do that your prospect will have all the information they need to make a decision. You'll know this because you'll get a text message or an email from your prospect almost immediately. In the meantime, you have other people contacting your prospect. Just let them know you have a great product and they'll be back. That's how you win sales. If you send a prospect an email or text message and they decide not to join you then it was worth taking the time to contact them. They may even give you a reason to try again. The most important thing you can do is to always be consistent with your messages. Even if you don't hear anything for a couple of days, at least try to call or send an email. This is important because it puts your name front and center. People are more likely to buy from a trusted source. To summarize, lead or prospect is a way to compare how much you can sell to a prospect who is already on your list. By using a squeeze page you can easily keep your prospect on your list longer. In the long run, this is the best way to build a large opt in list. The best part of lead or prospect is that it helps you learn more about your customers. You'll know what questions to ask them before you send out your messages. You'll know what kind of people you should avoid sending emails or text messages to. You'll also be able to tell by your email list whether or not they're likely to be interested in hearing from you in the future. Lead vs Prospect are the foundation for all good internet marketing. Use it to build an even stronger relationship with your list. This will drive your list to grow faster and bring in more profits. Start today. You'll soon be making millions of dollars from someone's list.