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Are you losing thousands of dollars in commissions and/or fees every month to your competition, because you're not in constant contact with your clients, acquaintances, friends, family and your best prospects each month?
Whose fault is it anyway, when the people you know go to your competition for the same products and services you’re offering?
Quick... Do you remember the name of the company that cleaned the carpets in your home, or the glass company that replaced your broken windshield, or the plumber that fixed your pipes last time? If you don’t know, it’s probably because they’ve never bothered to keep in touch with you... stupidly assuming that you’ll call them the next time you need them. But how will you call them back, if you don’t even remember who they are?
Are you absolutely sure that your clients, acquaintances, friends, family and your best prospects remember who you are and the services you provide???
What are you going to do about it? You know their names. You have their addresses. You just need a quick and easy way to stay in touch.
Isn’t it time for you to start treating your business, like a business, and protect your most valuable asset - your database? Isn’t your database the one asset you have total and complete control over? Don’t the most successful big businesses spend hundreds of millions of dollars every year making sure their customers and future customers think of them first?
So, if you want to be successful, shouldn’t you be doing exactly what the big guys do? Stay in touch regularly, consistently and forever.
How are you staying in touch right now? How are you creating 'top-of-the-mind' awareness and branding your image with your database - your single biggest asset?
Let’s Guarantee You Never Lose Another
Commission!
Consider; you’ve already put your blood, sweat, tears, and lots of money into attracting those people to your firm. Don’t make the mistake of assuming that they’ll automatically come back to you when they need additional services. You see, every month that goes by that these people don’t hear from you, they’ll lose 10% of their interest in ever coming back to you. So in other words, if you have people that you haven’t seen or contacted in 5 months… there’s only a 50/50 chance you’ll ever see them again.
Are you willing to take a chance of possibly losing them to another firm because you didn’t make even the slightest attempt to stay in touch with them? You must contact your clients, friends, family and your best prospects each and every month and give them a reason to come back to you. (And give you referrals)
And, be honest with yourself! You can’t just keep sending calendars, magnetic business cards, birthday card and holiday cards to the people in your database and expect to them to call you. None of this shows them you’re really in the business, the services you provide and how you actually help people.
You need a contact system that keeps you name and services in front of them, so when they have a question or problem, you are the first one they call!
Newsletters Build
Relationships, Increases Sales and Get Referrals
“Please Listen up: if you are not arriving at your clients’ and prospects desks or doorsteps by mail (not e-mail) with a newsletter or similar piece... you have no fence around your herd; no foundation for asking for response to specific offers. Recently a client showed me two virtually identical direct mail campaigns for two almost identical businesses, each to the same number of customers. One got a great response; the other got a nominal response.”
“The difference: The one that got a great response, mails a monthly newsletter to those customers; the one who got disappointing results does not. So one who shows up regularly to say “hi, how ya doing?” as a foundation, thus being more welcome when occasionally dropping by to say “hey, buy this”, the other one only shows up when he wants to sell you something.”
Kennedy continues: “Pleeeeze do NOT be a penny pinching fool about this either. Incredibly, people try every imaginable way to scrimp on this. What if I only mail every other month? What if I just put ‘em in a pile on the park bench in front of the local post office? And on and on… Frankly that sickens me.
"The last thing you want to cheat on is the foundation of your entire business: Relationship"
By Dan Kennedy - No BS Marketing Letter February 2006
Newsletters help you maintain contact with clients, referral sources, and prospective clients at a reasonable cost. Regular contact with such people provides many benefits:
Newsletters Help You To Keep Clients
Newsletters Help You To Get New Clients
Newsletters Help Build Your Credibility
Newsletters Help You To Stand Out from Your
Competition
Newsletters Help You To Brand Your Image
So there you have it, I simply can’t say it any more clearly! Publishing a monthly customer newsletter is just smart business. Not doing so, no matter what you offer, is simply not smart. Don’t let another month go by that you’ll lose more commissions to a competitor, because they paid more attention to the people you know, than you did!
Lew and Jeremy Nason
P.S. Have you tried the canned client newsletters, from your company or broker/dealer, with little or no positive results? Was it because the newsletter promoted them and not you? Was it about products? Was it too technical?
Have you tried designing and writing articles for your own newsletter? How much time is it costing you? What mistakes are you making? How much success have you had?
We can help! Please visit http://www.insuranceproshop.com/Newsletters.html
"I have made a great deal of money this year just by taking your
advice and paying attention to the people around me and following up on
opportunities when they present themselves. Thanks again for helping me
believe in life insurance enough to share its benefits with the people I care
about most."
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Plus, get tons of referrals, by staying constantly in front of your friends, neighbors, prospects and clients.
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News Links
-John
Hancock fund information online |
Article Links
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27 Strategies to Boost Your Client-Attraction Factor
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National Association of Insurance and Financial Advisors They
Work For You! NAIFA's mission is to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of our members. "Connections that Count!" If you are not a member, you should be! |
Well, that's it for this weeks 'Moneymaking... Marketing and Sales Tips' Newsletter. I hope you found the information interesting and helpful in your efforts to grow your sales and income.
Jeremy Nason
P.S. Do you have a friend or associate who is struggling in this business and needs help? Why not tell them about our Web site and forward this newsletter to them. They'll thank you!
© 2010, Insurance Pro Shop® - All rights reserved and the creators of the Found Money Management™ Advanced Life Insurance Sales System the most endorsed and successful Life Insurance prospecting and sales system available for today’s insurance professional! Lew has been helping agents and advisors to achieve long-term success in financial services industry for almost three decades. His unique perspective, on how to truly help clients, has enabled scores of agents and advisors reach the top levels of their profession. Visit his web site at http://www.insuranceproshop.com/ or call 877-297-4608.
Helping Insurance Agents and
Financial Advisors create endless
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