Network Marketing Business
The profession of network marketing is all about collecting decisions. To be efficient and effective, you must quickly find out if your prospect would like to be a customer or not or join your team or not. The more people you do this with, the more sales and sign ups you will get. Of course, not everyone will join but whether the answer is yes or no, you want to get the answer quickly so you can move on to the next person and grow your team.
What do you do when your prospect won’t give you a yes or a no? They give you a maybe but they don’t actually use the word maybe, they either say, “I need to think about it.,” or they say they want to join but they they keep making excuses why they can’t. They forgot their wallet or they say that they will join when they paid.
If you aren’t careful, these prospects and clog up your pipeline. Instead of collecting their decision, you waste time chasing them when you could have spent that time collecting decisions from other prospects.
In sales, maybes starve babies.
Heads up: If you want to know how to really step into someone’s world then get the free audio download of “Network Marketing Questions That Work.” You’ll be able to steer the conversation and get the right prospects to chase you and WANT to know more details about your business.
To prevent people from stringing me along and wasting my time. I have a simple 2 step process. The first step is to book the next meeting.
Step 1. BAMFAM
BAMFAM= Book a meeting from a meeting.
When I’m trying to collect a decision and my prospect gives me a maybe (remember they probably won’t actually use the word maybe), I’ll book an appointment with them where I can collect a decision from them.
“You need to think about it? Ok! When do you want to talk about this next?”
“You want to talk to your spouse? Great! How soon can you talk with them and when should we connect again?’
“You’ll join Friday when you get paid? Excellent, I’ll call you Friday. What time works for you?”
Don’t make the mistake of saying, “OK, give me a call sometime.” If you don’t clarify the next time you will connect with your prospect, you will wonder when to call. A couple days or a week could go by and you’ll wonder if it’s too early to call or if you’ll look too desperate if you call too soon. Don’t out yourself through all of that and just book the next meeting so that you both know when your next conversation will be.
Step 2. Drip List
If they stand you up or don’t answer the phone or come up with another excuse during the next meeting then the next step is to put them on a drip list. Say something like this,
“It looks like the timing isn’t right for you right now but do you know anyone that DOES want to make some extra money if we showed them step by step how to do it?”.
Often a question like this will put enough belief in the prospect that they will reconsider buying or joining. Contact them every month or 2 but always have an excuse to call them. Your excuse to call might be that you just earned a trip that your company is paying for or that you signed up a new recruit that is crushing it.
It would sound something like this.
“Hey Bob, I hope everything is going well with you. I actually just recently brought a mechanic onto my team and he just earned a free trip paid for by the company. I know this isn’t for you but do you know any mechanics that might be open to creating some extra income?”
Dripping on a prospect and making one call to them every month or 2 is a great way of following up with them without taking too much of your time.
And that’s how you deal with maybes and preventing them from taking up too much of your time. If they start stringing you along, just put them on a drip list and you’ll stop wasting time chasing them.
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Kenny Santos
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P. S.
Ever Walk Away From That “Perfect Prospect” and Wish That You Knew What To Say? Get the free audio download of “Network Marketing Questions That Work.” You’ll be able to steer the conversation and get the right prospects to chase you and WANT to know more details about your business.
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