Spending your young company’s precious funds to procure MLM Genealogy Lists could be a humongous mistake for several very good reasons. Before we get into that though, it is important to understand just what one of these lists is. Now, like every other field imaginable, not all the companies in MLM are going to make it. The ones which go belly up for whatever reason usually sell off all their assets to try and offset their losses. Among these assets is their list of clients, or genealogy list. While it might sound like an easy way to more sales, this is often more trouble than it is worth.
[stextbox id=”alert”]First and foremost, you might actually be breaking the law by buying the MLM genealogy lists you have your eyes set upon. [/stextbox]
If that list of contacts is being used by another firm right now to make sales or run a campaign, you could be breaching many different privacy policies as well as racking up fines from the Federal Trade Commission, or FTC, for shoddy business practices. If you’re absolutely bent on buying one of these lists, make sure the seller is an accredited source. You could find yourself in the middle of a nasty legal battle and a lake of bad publicity otherwise.
[stextbox id=”info”]I’m not saying that buying leads isn’t always a bad practice. It’s just that so often, the leads obtained through MLM genealogy lists are ineffective, making you no money, or downright dangerous because they actually end up costing you money, which could lead to a bad Return on Investment. [/stextbox]
Before you go all gungho and start calling every name on the MLM genealogy list you just purchased, stop and wait for just a moment. You should compare that list with the national do-not-call registry to see if any of the names are shared. Even on genealogy lists from good sources, you are going to get a handful of these entries. Some lists are made entirely from numbers you cannot legally call.
Imagine this for a minute. Say you do call on the MLM genealogy list, and you happen to pull someone that is currently in a MLM Network Marketing company. Say a skilled prospector from a rival MLM company has a MLM geneaology list in his hand and pulls one of your top producers and recruits them into their MLM Network Marketing company.
Think for a moment how that would feel. In theory, it sounds great and makes sense because of the lists that has a specific target market, which are MLM Network Marketing reps that understand the business model. From an application stand point, it’s just a bad practice. If you plan on being in the MLM Network Marketing game for a long time, I would suggest that you learn how to develop relationships and brand yourself to set yourself apart from those who are buying MLM genealogy lists.
If you do call these people and they report your company, you will most certainly face hefty and heavy fines from the federal government. With enough breaches, you could ultimately get your budding MLM business shut down as well. Thus, it is very important you watch your lists carefully.
Because they are so troublesome and literally fraught with danger you really are better off staying away from MLM genealogy lists altogether. Not only are they dangerous even to consider using but once you’ve fished out all the “good” numbers, you’ll still need multiple people working 8 hour days to get anything from it.
This process means training and paying people to work for you while they make their phone calls and hopefully pick up some sales on the way. If you don’t give them good numbers to call, or if you set them up with customers who are going to hang up as soon as they realize their number made it into the hands of another telemarketer, you’re just setting up your crew for failure.
If you want to get the most from your MLM campaigning and calling, you shouldn’t even consider using scraped MLM genealogy lists. If you’re struggling to find good people or prospects to talk to, go here. You can always contact me directly if you need any type of help with your MLM Network Marketing business.
It’s your turn!
Have you ever found yourself buying genealogy lists? Or know someone who has? I would love to hear your experience with them and please share them in the comments section below! Looking forwarding to reading them!