Insurance Insurance

Reasons So Many Insurance Brokerage Marketers Fail

1.
CONTRACTING WORTHLESS AGENTS If you run an independent insurance marketing operation why would you want to waster time and money contracting agents that have never brokered business.
40% of the time and money of all recruiters nationwide is wasted on trying to turn agents into broker that do not yet possess the right characteristics.
2.
REFUSING TO ELIMINATE AGENTS Is there are good reason to keep agents under contract who are not selling your products.
Whacking 50% to 60% of a brokerage agency roster would have little bearing on sales.
However marketing firms rarely do this ..
First they like bragging rights, for the marketing firm to say "we have 150 agents, sound better than we have 75 producers.
" These same statements come in handy for impressing prospective brokers.
3.
USING RECRUITING METHODS 20 YEARS OLD.
One practice still used heavily today is for a brokerage/marketing shop to join a localorganization.
This is where they will spend 75% of their focus during the next year.
Call up members, wine and dine prospective brokers, and attend all the meetings.
What's wrong with this picture? Typically 7% to 15% of the life agents in the state belongThe other agents tend to be just as good.
This includes some heavy producers.
By not belonging they receive 1/5 as much phone or mail soliciting.
4.
BIG CITY LIGHTS -It is on the rare side for a brokerage operation to be set up in small or rural towns.
The recruiter thinks the major action is with the big city agents.
For agents that live in small towns and rural areas, they receive 10% as much agent solicitation.
Staying outside big cities is usually the right path.
5.
SIT BACK & SEE SMOKE.
Recruiting must be consistently done throughout the year.
There is not a best month or best time of the year.
Keep in mind good competitors have their eye on your best producers.
Return the favor to them 6.
HOW WELL SET UP IS YOUR WEBSITE.
Can an agent at midnight draw up information on one of your products at midnight?.
Have you site packed with beneficial information.
Make sure there are lots of tips, tricks, and articles to make it worthwhile.
7.
YOUR KNOWLEDGE OF WRITING A SALES PIECE.
When you decide to do a mailing campaign, you have to have everything that's needed contained, and everything unnecessary removed.
Start practicing now.
SHARE
RELATED POSTS on "Insurance"
Choosing Trouble-Free Programs In Car Insurance
Choosing Trouble-Free Programs In Car Insurance
Home Refinance Loan – Mazanda Providing Good Refinance Loan on Home
Home Refinance Loan – Mazanda Providing Good Refinance Loan on Home
Compare different annuities to ensure maximum retirement income
Compare different annuities to ensure maximum retirement income
Why Get a Human Resources Management Consulting Firm for Your Business?
Why Get a Human Resources Management Consulting Firm for Your Business?
Cliches Associated With Insurance
Cliches Associated With Insurance
Reasons Why You Need an iPhone Insurance
Reasons Why You Need an iPhone Insurance
How Much Does My Insurance Go Up if My Car Is Stolen?
How Much Does My Insurance Go Up if My Car Is Stolen?
Lifetime Income Benefit Rider
Lifetime Income Benefit Rider
How To Choose The Greatest Auto Insurance Firm While You Are In College
How To Choose The Greatest Auto Insurance Firm While You Are In College
Compare Online Insurance Quotes - How Does an Insurance Comparison Site Help You Save Money?
Compare Online Insurance Quotes - How Does an Insurance Comparison Site Help You Save Money?
Insurance Discounts - Now and Tomorrow
Insurance Discounts - Now and Tomorrow
Landscape Gardener Indemnity Insurance Protects You From Unexpected Financial Loss
Landscape Gardener Indemnity Insurance Protects You From Unexpected Financial Loss
How to File a PPI Claim?
How to File a PPI Claim?
Your Top Ranking Life Insurance Companies That Give Efficient Protection
Your Top Ranking Life Insurance Companies That Give Efficient Protection
Reinsurance Primer
Reinsurance Primer
Insurance for Security Assurance
Insurance for Security Assurance
Major Factors Affecting Your Car Insurance Rates
Major Factors Affecting Your Car Insurance Rates
3 Questions - 3 Minutes to Getting More Insurance Appointments
3 Questions - 3 Minutes to Getting More Insurance Appointments
Income Protection - What Does This Entail?
Income Protection - What Does This Entail?
A Healthcare Exchange for You
A Healthcare Exchange for You

Leave Your Reply

*