92: Is Attraction Marketing Killing Your Business?
Your Virtual Upline Podcast
Bob Heilig
4.9 • 1.7K Ratings
🗓️ 31 July 2018
⏱️ 20 minutes
🧾️ Download transcript
Summary
Attraction Marketing Might be Hurting Your Business
There's a theme that I've been noticing a lot lately inside the network marketing industry.
A lot of network marketers do not understand the correct role of attraction marketing within their businesses.
So many people make the mistake of thinking that attraction marketing is actually working their business, when in fact, they're not!
Attraction marketing is a 'marketing activity' – hence it's name, and marketing does not qualify as actually working your business.
Working your business is the actual prospecting activities that create income and build a team. It means actively doing your reachouts, follows ups, training new team members, enrolling customers, and exposing new people to your business and products.
Marketing activities create opportunities for you to work your business. It is lead generation. It is the process of getting your name out there, creating your personal brand, and attracting people to you, sometimes before they even know anything about your company or products.
And the crazy part is some people are spending more time on attraction marketing to avoid facing their fears and doing the actual hard work!
Because they are scared of the rejection and vulnerability that can come from reaching out to people, they hide behind the guise of attraction marketing, pretending instead that they are 'working their business' while reading books and creating graphics for their next post.
And then they wonder why their team isn't growing at all.
Marketing + Prospecting = Results
Marketing alone is not enough. Lead generation is not enough.
You need to reach out, connect, and start a conversation with your leads.
While you must do both marketing activities and prospecting activities s to build a successful team long term, it is absolutely necessary that 70-80% of your time is spent on prospecting activities.
In the end, attraction marketing will expose new people to you and your business opportunity, but unless you're doing the prospecting activities as well – the reachouts, follow-ups, and new customer enrollments – you will not build the lifestyle of freedom that you crave!
Episode Quotes
"Attraction marketing for a lot of you is actually hurting your business more than it is helping your business."
"Marketing does not qualify as actually working your business."
"Marketing is designed to create opportunities for you to work your business."
"Marketing is passive... prospecting is active."
"If you are only doing marketing but you are not prospecting it's not going to work."
Listen to Learn
00:04 Episode Intro - Is Attraction Marketing Killing Your Business?
02:13 Announcement: Enrollment to the Legacy Leadership Academy
05:10 The difference between Marketing and Prospecting
08:45 My student's mistake about marketing
10:14 An analogy about marketing and prospecting
12:26 What percentage of your time should you be spending on marketing and prospecting?
15:07 My advice for you about Attraction Marketing
17:48 Your assignment: Do a time audit
18:40 End notes
Transcript
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| 0:00.0 | Welcome to the Your Virtual Uline Podcast. My name is Bob Highlake, your host and the |
| 0:08.4 | founder of Your Virtual Uline. This is the podcast for the new wave of network marketing leaders |
| 0:16.0 | that want to make an impact and aren't just building a down line they're |
| 0:20.0 | building a better world. Join us each week and learn how to build a profitable network |
| 0:25.0 | marketing business that gives you complete freedom |
| 0:28.9 | so that you can give back to the world in an even bigger way. |
| 0:34.3 | Welcome everybody to episode 92 of the Your Virtual Upline podcast and I've got a sneaky suspicion that the title of today's episode may just |
| 0:48.9 | catch a couple of people's attention. The title of the episode today is |
| 0:55.0 | attraction marketing killing your business. Yes, I am asking that question and you know that might be a little bit of a different take |
| 1:07.2 | than what most of us really hear when we hear those two words attraction marketing. |
| 1:13.7 | You know, they've really become buzzwords in our profession. |
| 1:17.8 | More and more you hear, you got to be doing attraction marketing, |
| 1:21.0 | you got to be doing attraction marketing you'll |
| 1:23.0 | you know the explosion of social media and live video is really |
| 1:26.8 | fueling these flames of attraction marketing attraction marketing attraction |
| 1:29.7 | marketing attraction marketing and let me just say this first and foremost, you'll never meet a bigger proponent of |
| 1:35.8 | attraction marketing than me. I mean, it's literally created a multimillion dollar business |
| 1:40.3 | for me from scratch in less than three years. |
| 1:44.1 | But having said that, I've noticed some things |
| 1:48.4 | that I see happen for people. |
| 1:50.5 | And I hold this belief that attraction marketing, I'm doing my air quotes right now, |
| 1:59.0 | for a lot of you is actually hurting your business more than it's helping your business. |
... |
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