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<!--Generated by Squarespace Site Server v5.9.1 (http://www.squarespace.com/) on Tue, 09 Feb 2010 12:28:41 GMT--><feed xmlns="http://www.w3.org/2005/Atom" xmlns:dc="http://purl.org/dc/elements/1.1/"><title>Lead Generation</title><subtitle>Lead Generation</subtitle><id>http://www.home-business-diary.com/lead-generation/</id><link rel="alternate" type="application/xhtml+xml" href="http://www.home-business-diary.com/lead-generation/"/><link rel="self" type="application/atom+xml" href="http://www.home-business-diary.com/lead-generation/atom.xml"/><updated>2008-10-05T17:03:05Z</updated><generator uri="http://www.squarespace.com/" version="Squarespace Site Server v5.9.1 (http://www.squarespace.com/)">Squarespace</generator><entry><title>Pursuing Cold Leads - Is It Worth the Time and Effort?</title><category term="cold leads"/><category term="working with leads"/><id>http://www.home-business-diary.com/lead-generation/2008/3/5/pursuing-cold-leads-is-it-worth-the-time-and-effort.html</id><link rel="alternate" type="text/html" href="http://www.home-business-diary.com/lead-generation/2008/3/5/pursuing-cold-leads-is-it-worth-the-time-and-effort.html"/><author><name>Barbara Silva</name></author><published>2008-03-05T21:45:12Z</published><updated>2008-03-05T21:45:12Z</updated><content type="html" xml:lang="en-US"><![CDATA[<p>One of the first things I learned as a new business owner was the difference between "cold market" and "warm market" leads.&nbsp; A cold market lead is someone who has not expressed any kind of interest in you or your product and/or business opportunity.&nbsp; Frequently, this refers to a total stranger.&nbsp; Warm market leads are those who either already have some kind of relationship with you, or have an established interest in your business.&nbsp; </p><p>When you start out with your mlm company, they are likely to encourage you to approach your warm market - i.e., your friends and family.&nbsp; These are the people who are most likely to trust you enough to follow you into a new business venture, or at the least become customers.&nbsp; <strong>Beware:</strong> push these people into something they don't want to do, and they won't remain your friends for very long!&nbsp; </p><p>I was sure I would never be guilty of hounding friends and family with my business so I didn't worry about this too much.&nbsp; But when I look back, I was so excited that I did, albeit&nbsp;inadvertently, put pressure on more than a few.&nbsp; I honestly thought so much of the products I was selling, that I was obnoxious about it all.&nbsp; If your friends start rolling their eyes when they see you coming - you've gone too far!&nbsp;</p><p>Going out and&nbsp;"getting names" was the&nbsp;epitome of cold lead hunting.&nbsp; I approached both men and women, everywhere I went to give them my card.&nbsp; At first I just&nbsp;gave the cards to people inviting them to call me for information on my product line.&nbsp; Of course, I never heard back from any of them.&nbsp; After three weeks, my sponsor took me out with her so that I could watch her in action.&nbsp;&nbsp;She would introduce herself, tell potential clients&nbsp;how striking they were, and ask them to participate in a makeover session.&nbsp; She would&nbsp;get their phone number and promise to call with further information.&nbsp; She was so genuine in her approach, few people refused to give her their contact information.</p><p>Filled with confidence and enthusiasm, I went out on my own.&nbsp; I went to malls, restaurants, business courtyards, grocery stores, you name it.&nbsp; I was so excited, I guess it was infectious, because people readily gave me their information.&nbsp;&nbsp;I stayed out each day until I had ten new names.&nbsp; Sometimes this would take an hour, sometimes four hours.&nbsp;&nbsp;When I had gotten 365 names, I looked to see how many I had actually booked for a meeting.&nbsp; It&nbsp;came to a grand total of 40 people!&nbsp; Out of that 40, 5 of them signed up to be team members.&nbsp; I had five more team members that came out of my warm market. I made three sales as a follow-up to the initial meeting.&nbsp; Hmmmm...not much payback for all the time and effort I had put into it.&nbsp;There had to be a more efficient method for lead generation. &nbsp;Five months and some six thousand dollars later, I realized I needed to learn about marketing!</p><p>&nbsp;The best resource I came across which addressed all of these concerns was Ann Sieg's "<a target="_blank" href="http://www.how-to-market-guide.com/ann-sieg.html"><strong>The Renegade Network Marketer</strong></a>".&nbsp; It was only after Ann's advice and multiple tools and resources that I began to see my business take off! If you are unfamiliar with her work, download her free ebook, "<a target="_blank" href="http://www.how-to-market-guide.com/ann-sieg.html"><strong>The 7 Great Lies of Network Marketing</strong></a>" to get an idea of what she is all about.&nbsp; </p>]]></content></entry></feed>