Description
Funded proposals are basically the platform where good introductory
products are offered at a very low price to potential prospective
clients with the intention of further enticing or encouraging them to
commit to making a more impactful purchase or commitment to the
business.
Ideally these introductory products should in some way be linked to
the original core business intended to be introduced. In doing so the
merchant is able to enjoy some revenue for the very onset of the
whole exercise thus limiting perceived losses.
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The Basics
Besides being able to make some money, the merchant is also able to
create a satisfactory level of interest in the business to encourage the
client to be more confident and eager to make other follow up
purchases.
The initial item offered at the lower price which acted as the enticing
tool would then function as the ideal advertisement for other core
products.
Even if the client is not converted to join the business venture, at the
very least he or she will now be a valuable and loyal customer.
Understanding that although freebies are good and often encouraged,
having good introductory product that generate funded proposal are a
better and more income orientated option.
The funded proposal systems also allows for the platforms of stable
foundation setups that eventually contributes towards a more
consistent growth rate. The use of prospect lists will also contribute to
this higher percentage of gained income