Can MLSP Network Marketing Training Helps Your Home Business?
Whether you are are traditional home business owner or in network marketing business, My Lead System Pro might be one trusted solution to help you stop badgering your friends and family to join your business opportunity.
Founded in 2008, this company prides itself as the pioneer in helping home business owners grow their business, particularly those in network marketing business.
It achieves this by providing businesses with the best network marketing training on how to attract fresh leads, recruit more signups and get sales by applying attraction marketing formula.
For the past one year, there were many updates made to this system but lack of updated reviews online.
With the most updated information provided in My Lead System Pro 2019 review here, I hope it can help you decide whether MLSP is a good fit for your home business.
|What is My Lead System Pro? |
How Does MLSP Works?
Compensation Plan of My Lead System Pro
Price of My Lead System Pro
Is My Lead System Pro A Scam?
MY LEAD SYSTEM PRO SUMMARY REVIEW
Product Name: My Lead System Pro
Founder: Founded by Brian Fanale, Todd Schlomer & Norbert Orlewicz in 2008
Product Type: Network marketing training system with affiliate business opportunities
Price: From $49.97/month to $299.97/month (Detailed explanation below) + Upsells
Best For: Business owners, network marketers and experienced affiliate marketers
Summary: My Lead System Pro has excellent network marketing training focusing on attraction marketing formula. However it is quite costly and only suitable for people who are ready to pay for high ticket membership fee.
Recommended: Yes, for experienced marketers
What is My Lead System Pro?
My Lead System Pro caters specifically for two types of people, one is people currently doing network marketing whereby their main objective is to get more leads, prospects, customers sales, and sign-ups in their network marketing company.
This group of people need the skills to build a network marketing team.
The other type of people are those who are currently doing traditional business and looking to make more money by leveraging on the power of internet marketing.
This group of people either have their own products or planning to create books, courses, coaching services, etc to sell.
They will not be building a networking marketing team.
As mentioned earlier, MLSP focuses on a marketing strategy called “Attraction Marketing“, which simply means ATTRACTING customers to you by offering values to build your brand.
This is one of a more effective strategies to make money online, used by many super affiliates.
To name some, they are Patric Chan, Naidy Phoon and Adeel Chowdhry.
It is not easy to apply attraction marketing strategies.
You need to have content creation, lead generation, and page building skills and knowledge to profit from such strategy.
MLSP understands this and therefore offers a series of training lesson so members can learn how to apply attraction marketing formula to grow their leads and sales online.
This includes providing tools and various Done-for-You campaigns to help members quickly start a home business online, promoting MLSP.
How Does MLSP Works?
Other than the Done-for-You campaigns and Leadership Development program which I'll explain later, I'll first share with you features of MLSP network marketing training and tools inside member's dashboard.
MLSP Network Marketing Training
There is a total of 46 different training inside member's Training Library.
Other than teaching members about fundamentals of attraction marketing formula, list management and customer development, it also provides other online marketing training.
These training include blogging (learn how to start a beauty blog here), Instagram marketing (Learn how to become Instagram influencer), Facebook ads, creating eBook, video marketing, content creation, keyword research, prospecting strangers, sponsoring and recruiting, and many more.
All membership level will enjoy training wake-up call podcast and weekly marketing webinars to walk you through new information about network marketing and teach you what you need to do to set your system up.
As a premium member which is the highest level of membership, you can also get premium mentorship training, a special training from core member of the MLSP's Executive Mastermind Team.
One downside about MLSP is you might feel overwhelmed with so many choices of training found inside this platform.
If you are a complete newbie, you won't even know which training to start with unless you have a dedicated mentor.
To enjoy this privilege, you need to become Premium member, which can be quite costly to most people.
Despite charging high subscription fee, I would say the network marketing training inside My Lead System Pro is indeed comprehensive compare to other one-time payment program like CB Passive Income which only provides you solo ads and YouTube marketing formula.
MLSP Tools & Software
On top of the comprehensive high quality training offered to MLSP members, to make online marketing works, there are also tools provided.
Inside MLSP, you are provided with a list management tool, CRM software, and a basic tracking system.
These tools allow you to store information of your leads, write to and communicate with them to grow your business and also to track your campaign links .
The Done-for-You system consists more than 100 different types of ready-made campaigns for you invite people to join this program.
These campaigns are categorized into 4 different groups that promote different products with unique commission rate, depending on the type of membership that you pay for.
MLSP Profit Campaigns (100% profit for every sale made)
MLSP Product Campaigns
MLSP System Campaigns
All campaigns will start with a lead capture page created using a tool called Funnelizer inside MLSP.
This tool is very similar to WP Profit Builder that helps you to easily create lead capture pages and sales funnels. The only difference is WP Profit Builder is so much cheaper at one-time payment compared to MLSP.
Once your prospect subscribe through your page, they will be offered to join My Lead System Pro membership through different attraction marketing strategies applied within the system.
And you will make an affiliate commission when someone pays.
Other than promoting existing Done-for-You campaigns, you can also build your own custom opt-in page, sales page and sales funnels to drive leads.
Unless you are an experienced online marketer, otherwise I wouldn't advise you to do this.
One last tool that I would like to mention here is the newly introduced MLSP Sites.
With this blogging feature, you can access to their premium hosting, security and plugins.
However MLSP Sites option is not available to basic membership which I'll explain later.
If you are keen to try blogging, you can get access to 2 free websites with this platform.
Affiliate Compensation Plan of My Lead System Pro
Here comes the interesting part about its network marketing opportunities.
The affiliate commission rate enjoyed by each MLSP member varies according to the leadership level they are in, ranging from 30% to more than 50% commission per sale.
There is a total of 8 leadership stages you need to climb in order to make more money as MLSP affiliate. Here are 50 other ways to earn more money online.
Leadership Level: L1 – MLSP Partner Leader
Leadership Level: L2 – MLSP Pro Leader
Leadership Level: L3 – MLSP Industry Leader
Leadership Level: L4 – MLSP Master Leader
Leadership Level: L5 – MLSP HoneyBadger
Leadership Level: L6 – MLSP Global Leader
Leadership Level: L7 – MLSP Galaxy Leader
Leadership Level: L8 – MLSP Partner Leader
To qualify for Level 1 leadership, you must at least recruit 2 direct premium members, Level 2 with 5 premium members and all the way up to Level 7 with 200 premium and Level 8 with 500 premium members.
On top of the required numbers of premium members, My Lead System Pro also requires leaders of all levels to maintain certain percentage of “active” members to qualify for benefits offered in each stage.
This means having 500 premium members who are not active will not quality you as MLSP Partner Leader, unless you achieve the minimum percentage of active members.
Despite MLSP claims itself as an affiliate program, its multi-tiered membership stages and commission scheme might indicate otherwise.
Price of My Lead System Pro
Each new member will be offered a one-time opportunity to try out MLSP for 10 days at a price of $9.97.
Once you are ready to take up this network business opportunity, you will then choose to pay $49.97, $149.97 or $299.97 per month, depending on the plan that you choose.
If you pay yearly, you might get around 10% discount.
The good news is all plans come with 30 days money back guarantee.
As a basic member, what you will be getting is really the basics which I don't think can help you start a home business to quit your day job.
But if you already has a business and just want to grow more leads, then basic plan should be good to start with.
This is provided you do not need a business website as this feature is only available to member who signed up for Professional or Premium membership.
With basic membership, it might not possible for you to move up the leadership stages as the minimum criteria to qualify for Level 1 leadership is that you must have at least 2 premium referrals who pay $299.97 per month.
Is My Lead System Pro a Scam?
No, My Lead System Pro is definitely not a scam.
In fact it is a market leader in attraction marketing and I would say MLSP has become a reputable virtual coach in network marketing industry.
Like what I mentioned earlier, if you are an existing business owner, MLSP will be an excellent choice to grow more leads and customers by just joining basic membership.
However, if you want to excel and make 6 to 7 figure income as a real network marketer, then you must first be ready to invest into high ticket premium membership of $299.97 per month to truly optimize benefits of MLSP.
This doesn't include other upsell training that can cost a few hundred to few thousand dollars which you can find some details here.
To tell you the truth, inside MLSP income disclaimer, it was reported for the month of November 2018, that checks with average amount of $558.74 were sent to only 18% of affiliates with an active account.
MLSP disclaimer clearly states that income of each affiliate marketer varies and highly depend on individual effort to achieve success.
Despite there are huge successes reported on the internet, however the average check amount is less than a thousand dollar.
Seriously, if you are new and paying $299.97 a month will put you in some form of financial stress, then I suggest you start by reading my free guide to start a small business online.
At least it's free and won't cost you anything.
I hope by now, you should already have a greater understanding on how My Lead System Pro works and can decide whether this business opportunity is for you.
If you've experience to share about any network marketing training, please do leave me a comment below.