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Success in Insurance Marketing

By admin | February 17, 2008

This post is a little different. It comes from an emailed question to a prospective agent to Bad Howard of Only Financial Dialer Leads. I think that questions and answer like this can be very helpful to new agents who are just starting out, and this is a very direct and honest one in my opinion.

Q: “My question is: there is so much crap out there it is hard to know who to deal with. Does anybody have financially successful track record dealing with a brokerage or insurance agency and buying viable leads.”

A: Boy, that’s a tough question to just tap out a response to. Success is dependent upon many factors. Understanding that somewhere there is an agent who thinks our leads are crap I would humbly respond in this way.

Success in direct marketing is dependent upon having adequate capital, solid comp payout, annualization, an entrepreneurial spirit, technology to assist in the “chaos” of lead selling and partners that operate like you do. (We like to say you are in business for yourself and not BY yourself) With these assets and a work ethic agents can live a great life style selling insurance by phone, meaning into the high 6 figures and beyond if they have a healthy organization. The most common reasons for failure are a lack of commitment to “getting good at the basics” (meaning work ethic and ability to roll with the inevitable surprises that come up) and inadequate capital. Agents often come to me as the last resort before they fail and this is NOT the place to come with that attitude or financial situation. Remember you are spending money months before you see commissions due to the length of the underwriting process. So agent will be out thousands before that first ck arrives. That’s unnerving to most agents.

insurance sales, insurance sale leads, selling insurance job

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