Wealth Generators MLM Review 2017
Hey from Tim,
Inside of this Wealth Generators Review, I’m going to give you my best marketing tips so you can grow your forex trading business online.
I want to be clear that I am NOT involved with Wealth Generators or Forex trading. I’m simply writing this article to help Wealth Generator members grow their mlm business.
What Is Wealth Generators?
Wealth Generators is a company that provides a training system for people who are interested in FOREX trading.
If you want to get started, you pay for a monthly subscription and you can earn money by recruiting other people into the opportunity.
In other words, this is a network marketing model (more on this later).
What is Forex trading?
the foreign exchange market (Forex, FX, or currency market) is a global decentralized or Over The Counter (OTC) market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the Credit market.
Basically, you’re doing what the guys on WallStreet do, and Wealth Generators is the company that trains you on how to do it.
Is Wealth Generators A Scam?
Like I mentioned, I haven’t gone through their training system and I know very little about forex.
I did a quick search on Wealth Generators BBB (Better Business Bureau) and found 25 customer reviews and 8 customer complaints.
You can check out the reviews and complaints here and make your own decision.
You can also checkout the Wealth Generators compensation plan on their website, along with their frequently asked questions.
How To Grow Your Wealth Generators Business
If you choose to get started with Wealth Generators, then you’ll want to refer members into their program because that’s how you make money.
So if you’re serious about growing this opportunity, here’s the business model I would follow:
Okay, let’s break this down.
Step #1 – Traffic
The first thing you need is traffic, or people.
In your case, you would want people who are interested in learning about forex trading.
There are over a hundred ways to get traffic, but my favorites are the super-platforms like Google, Facebook and YouTube.
But that doesn’t mean it’s the right traffic for Forex. You would have to do some research and find out where traders like to hang out online.
I don’t know the Forex market very well.
They are probably searching for information in Google (that’s how you ended up on this page, right 😉
They might be on Facebook and YouTube searching for “how-to” tutorials, and they probably visit specific blogs about Forex and even forums about Forex.
You would have to find out where forex traders like to hang out online, and start participating in those communities.
Step #2 – Driving That Traffic Back To Your Blog or Squeeze Page
The next step is to send that traffic back to your website so they can learn more about you and what you have to offer.
Ideally, your blog will have educational content about forex trading (what it is, how you do it, tips, tricks and tutorials).
This is how you position yourself as an expert that someone would want to learn from.
At the end of your blog post, you’ll want to include a call-to-action to join your email newsletter. Give something of value away for free so it makes it easy for them to exchange their email address.
For example, you could have a free pdf report or video called, “9 Forex Tips To Be Successful As A Beginning Trader,” or something like that.
The second option is to drive that traffic directly to a squeeze page.
A squeeze page is a one-page website that has one goal: to capture an email address.
The squeeze page would have the same free giveaway as described above.
Step #3 – Send new leads to a thank you page
As soon as they subscribe to your email list, you have a new lead for your business.
Most marketers will mess this up and send their new lead directly to their Wealth Generators sales page hoping that they join.
But most people aren’t ready to buy right away, so it’s better to send them to a thank you page.
On this page, you thank them for subscribing, tell them how to access their free pdf report or video, introduce yourself and tell them what they can expect.
I also like to leave links to connect with me on social media so they can see I’m a real person.
Step #4 – Your new leads go through your email autoresponder sequence
Here’s where the magic happens.
As soon as a new lead subscribes to your email newsletter, a series of pre-written emails are triggered to be sent out.
These pre-written emails are designed to deliver more value, educated your leads on Forex trading, and to sell them into your opportunity (aka- Wealth Generators).
You can write emails about the common mistakes people make, the mindset they need to have to be successful, and why it’s important to have mentors and training so they can succeed faster.
And then you can plant your Wealth Generators link for them to join and get extra coaching from you.
You can make the email sequence as long as your like. I’ve had sequences that go for 8 days and others that go for 20 days.
It’s all about creating the right emotions, and handling all your customers objections.
Step #5 – Keep following up with broadcast emails
Not everyone will buy from your autoresponder emails, so you have to follow up with broadcast emails.
A broadcast email is simply an email that you write on-the-spot and send out in real time (aka, it’s not pre-written).
So you can send them links to your new blog posts or videos that share more tips about Forex.
You can share success stories that your followers have had, or you can leverage Wealth Generator’s success stories if you don’t have your own yet.
Mix up emails that give value with emails that sell.
That’s how I would grow my Wealth Generators business.
Wealth Generators Overview
If you’re interested in Forex trading and building a business around it, then Wealth Generators might be the right opportunity for you.
And now you know the exact 5-step formula that I would use to enroll people into the MLM opportunity.
If you want to go deeper on this, I created a free training called my 7-Step Plan for growing an audience and creating a hyper-engaged email list.Get it for free here.