How to Promote Cash Gifting
The business of cash gifting is when people send you a cash gift for a report, informational product, or no product at all. The business often exploits gifting laws, which allow a person to receive certain monetary gifts without tax obligations. Promoting cash gifting entails purchasing lists of other network marketers or home business seekers and mailing out postcards, letters, and other direct mail pieces to recruit them into your business. Phone lists are also used for direct selling.
Things You'll Need
- Toll-free number
- Personal message recording
- Website
- Mailing list of opportunity buyers
- Postcards with website and toll-free number listed on them
- Mailing labels
- Postage stamps
Instructions
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Get a toll-free number. Record a convincing two- or three-minute message that hypes your program without specific details. Ask people to provide their name, phone number, and most convenient time to call them at the end of your message.
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Create a website for your cash gifting program or use a self-replicated site from the cash gifting program developer. Include a contact page on your site for someone to enter his name and phone number. Set up the contact page so that it sends someone directly to your website.
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Purchase a mailing list of 500 to 5,000 "opportunity buyers" from a mailing list vendor. Buy 500 to 5,000 postcards from the developer of your cash gifting program if they are available. If not, create your own postcard. Write an attention-grabbing headline that entices people to respond to your offer. Include your toll-free number and website on the postcard. Print the postcards in bulk at a local print shop.
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After you receive your postcards, affix the mailing labels and stamps to them. Mail them out. Check your toll-free messages regularly and get back to people who are interested in your cash gifting program. Sell the opportunity to them and get them to join.
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In addition to postcards, buy a mailing list of opportunity buyers with phone numbers. Call people directly and pitch them your program. Direct them to your website. Follow up with people and get them into your cash gifting business.
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Tips & Warnings
It can cost from $5 to $3,500 or more to get into a cash gifting program. You will have to develop some basic selling skills to sell people on an expensive cash gifting opportunity. Like all businesses, cash gifting is a numbers game. The more postcards you mail out, the more money you will make. Continue to increase your postcard mailings as your income increases. Read books or listen to tapes on network marketing recruiting techniques. Study how successful people are marketing their businesses online. Incorporate their methods into your promotional mix.
Cash gifting can be a profitable business, but it may be illegal in your state. Be sure to contact the attorney general's office in your area about current cash gifting laws.