Should I Buy MLM Lead Lists?

October 19, 2008

By James Dillehay

In traditional MLM lead generation, you come up with leads from conversations and referrals. When you buy MLM lead lists, the leads usually come from a collection of names and contact information from people who have expressed an interest in a certain kind of product or in a business opportunity.

There are tons of companies that advertise on the internet who would happily sell you a MLM lead list. You can buy network marketing leads for an expensive price, or you can go for the cheapest lists available. What is the difference?

It may be disheartening to you to find out there really isn’t a difference! The companies that are in the business of selling MLM lead lists are not just selling the contact information to you. They are selling the exactly same names to everyone who is willing to purchase them. They are in the business because it is profitable, not because their MLM mailing list is spectacular. 

When you buy MLM lead lists, you may just get lucky and get one or two quality leads. However, it is more likely that you will find the leads to be swarmed by the competition and they will be tired of being contacted. Some will even be rude to you if you, by chance, get their phone number and call them.

You may want to buy MLM lead lists just to get practice when you are first starting out; however, don’t put all your eggs in that basket. You can use the MLM lead list to learn how to handle rejection and you might just get a chance to make presentations, but most likely it won’t be a fruitful experience. 

For a MLM lead list or network marketing mailing list to be effective, they have to be made up of high-quality leads. High-quality leads come from generating your own prospects. You have to talk to people. More importantly, you have to listen to people and learn if their needs match your opportunity or product. Always be on the outlook for interest in your products or business opportunity. 

Paid advertising may bring you some good leads because people who respond to your advertisement actually have an interest in your products or business opportunity. Referrals from people you know or come in contact with can also prove to be high-quality leads. 

Always consider the quality of the contacts and the cost per lead and pay attention to your conversion rate. If your leads are costing too much or you have a hard time converting prospects to customers or recruits, your MLM lead generation activities need to be questioned. If you buy network marketing lead lists and depend solely on that to build your business, you are barking up the wrong tree. You will waste hours of time and a lot of money marketing to contacts on a purchased MLM mailing list. 

Now, to answer the question at hand, “Should I buy MLM lead lists?” 

If you buy leads consider it to be a learning experience, not the secret to building your network marketing business. High-quality leads do not come from a purchased MLM lead list.

James Dillehay is a network marketing trainer who writes about useful tools for multilevel marketing (MLM) success. His latest book, Guerrilla Multilevel Marketing has been praised in Networking Times and by reviewers on Amazon.com. Download a free chapter at network marketing resources.

Article Source: http://EzineArticles.com/?expert=James_Dillehay

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