Trouble Reading or
can't see the graphics?  Please go here to view this online.

 

The Most Affordable Marketing and Sales Training For Financial Professionals...
 

Insurance Pro Shop - The Leading Marketing and Sales For Financial Advisors

IPS Home Page   Product Catalog   Special Offer's   Newsletter Archive   Contact

Annuity   Life Insurance   LTCI   Mortgage Insurance   New Agents   Referred Leads   Live Events

How To Attract More High Quality Prospects In A Month,
Than Most Agents, Advisors and Planners Will See In A Year...

While Significantly Reducing Your Expenses!


With all of the bad news people are seeing today, are you getting fewer and fewer responses (leads) from your current sales letters?

 

Has the response rate dropped from your Ads in the newspaper?

 

Has the attendance to your dinner seminars gone down dramatically?

 

Are you getting fewer referrals from your current clients?

 

Are you having a harder time setting appointments from the few leads and referrals you do get, and from your dinner seminars?

 

Are you closing less and smaller sales with the few people you are able to get in front of?


For the past three years, our phone has been ringing off the hook with calls from insurance agents, financial advisors, financial planners and investment brokers who are looking for more, or better ways to attract new prospects to them. Or, they’re calling us because they are contemplating getting into an entirely different market. The lead generation system they’ve used for years isn’t working as well as it has in past years.

 

Unfortunately, the bad publicity, recession, home foreclosures, soaring gas prices, low interest rates and the losses in the stock market are really taking a toll on their business.


Are you having many of the same problems?


You have several choices if you want to increase your leads and sales...

  1. You can spend a lot more money to generate the leads you need. You can send out more sales letters, run more Ads in the newspaper, and send out more invitations for your dinner seminars.
     

  2. Or, you can spend your time and money learning an entirely new sales approach, and pray things will be better in a new or related market.
     

  3. Or, you can buckle down and become a better marketer... And, actually cut your lead generation costs, while increasing your sales!

Contrary to what most people would like to believe, there are no quick or magic prospecting solutions to overcoming the abundance of problems we are currently experiencing in the insurance and financial services industry. No matter what you are being told there ISN’T a new, terrific, low cost, incredibly simple sales, lead generation or marketing idea that is going to get people to beat a pathway to your door.


And, just throwing more money into your current lead generation program, doesn’t mean it will solve your problem. (Even if you do have the money to do it.)


The most effective option for you to increase your leads and sales is to become better at marketing. And, if done properly you can actually significantly reduce your lead costs, while attracting more prospects to you and closing more sales.

 

If you’d like to become a better marketer, it starts by understanding the following six fundamental marketing principles.

  1. People prefer to work with either people they already know and trust, or a referral from someone they know and trust. Most people do not readily trust strangers, someone they have never heard of. And, why should they?
     

  2. People Buy for Their Reasons, Not Your Reasons. People want to know how they’ll benefit from working with you. People are looking for real help with their financial problems. They want an advisor, not a salesperson! And, remember... “People don’t buy what they need! They buy what they want!”
     

  3. Repeat Business is More Profitable than New Business. Finding and attracting new prospects costs 5-10 times more money than getting your existing clients to buy more from you. The longer a person remains as your client, the more they are likely to buy more from you. You must pay special attention (Keep in touch) to make sure that your new clients become repeat customers.
     

  4. Some Customers and Prospects are More Profitable than Others. You get 80 percent of your business from 20 percent of your clients. You need to spend the time to analyze what the top 20 percent of your clients have in common with each other to determine how you can find and attract more people like them.
     

  5. Differentiation is Your Key Competitive Advantage. You have to be able to help your clients and prospects to see and understand why they should buy from you instead of from your competition.
     

  6. Perceived Value is Your Key to Increasing Your Profitability. You must define your target market carefully. Work on delivering high value services to that market, and then keep telling your clients and prospects about it.

Applying the above six fundamental marketing principles…
By properly applying the above six marketing principles, you can dramatically decrease your lead generation expenses, while significantly increasing the amount of prospects you will attract to your business. Here are some ideas we routinely use to help agents, advisors, planners and brokers to grow their business…

 

If people prefer to work with either people they already know and trust, or a referral from someone they know and trust, then you must find ways to help them to get to know and trust you. One of the best and most cost efficient ways to accomplish this is to get attorneys, accountants, P&C agencies, civic organizations, churches, friends, relatives and clients to invite the people they know to a free educational workshop you are offering. Educational workshops are a great way to help people to get to know you, see the type of work you do, and trust you! You don’t have to provide anything but coffee, sodas and snacks. You can hold your event in a library, conference room, hotel meeting room, or civic center. And, the total cost of the event will be less than $200.

 

Remember, people want to know how they’ll benefit from working with you. People are looking for real help with their financial problems. Accordingly, the educational workshop should not be about you, your companies or your products. The topic of your workshop should somehow relate to improving their financial situation. Topics of interest for your workshops could be… ‘Reducing and Eliminating Consumer Debt,’ ‘Reducing Income Taxes for Retirees,’ ‘Living Debt Free and Truly Wealthy,’ or ‘Avoiding The Hidden Income On Social Security Income.’

 

Also, remember repeat business is much more profitable than new business. So, don’t forget to invite your existing clients to your education workshops. The cost of admission is to bring a friend.


And, because some clients and prospects are more profitable than others, you’ll want to make sure you are inviting people that are most like your most profitable clients. Again, you need to spend the time to analyze what the top 20 percent of your clients have in common with each other and then invite people who most resemble those clients!

 

Defining Your Competitive Advantage. If you act like a salesperson, and are always pushing insurance and investment products, then you are a salesperson in the prospects mind. And, you are the same as every other insurance agent, financial advisor and financial planner out there. If you want to attract people to you, instead of them going to your competition, then you must clearly show people how you are different. And, how you are different, is how you can help a specific group of people, (Your Niche) to solve the specific financial problems they face. (Your Specialty)

 

The Key to Increasing Your Profitability is Getting People To Respond To You. Once you have defined the specific group of people you want to work with, (Your Niche) and you have determined the specific problems you want to solve for them, (Your Specialty) then you must continually deliver that special message to those people in everything you do. You want people to see you, as the foremost expert in that area. Perception is reality!


That’s why you need to...

  • Send out client newsletters every month.
     

  • Be a guest speaker on a local radio or television show.
     

  • Offer a free report in all of your correspondence.

     

  • Get your articles published in the local newspaper.

     

  • Send out public service announcements to the local newspaper. (About your upcoming free educational workshop)

     

  • Send out press releases. (About the success of your free educational workshops.)
     

  • Send your press kit to local civic, religious and business organizations to get speaking engagements.

The more people see and read about you, and begin to understand how you can help them, the more they’ll respond to your offers!


Everything we are talking about here doesn’t cost very much money to do. Using these fundamental marketing principles you will dramatically improve your current lead generation and sales results within just a few weeks. The more you help people to get to know you, the more they’ll begin to trust you and want to meet with you. And, soon you’ll be spending significantly less money on expensive direct mail, newspaper Ads, and dinner seminars. You’ll be seeing more of the 'right' people and be closing more sales and larger sales.

 

Jeremy & Lew Nason
'The 9 Out Of 10 Guys'
Marketing and Sales Coaches

Message to Financial Advisors…
You have the choice to be successful, or not to be successful. It's entirely up to you! You can sit back, do nothing and hope that things will change. Or, you can take action right now to make things change! What have you done in the last sixty days to increase your sales? Why not learn the marketing, prospecting, appointment setting and sales strategies that most of the leading agents, advisors and planners on the planet use? Jeremy & Lew Nason
 

"Take the coins from your purse and dump them into your mind.
Your mind will fill your purse with gold."
Benjamin Franklin
Lead Generation Tip

 

Are you missing out on one of the most powerful lead generation tools there is???

Would you like to have your clients, friends and family calling you with all of their questions about retirement, college funding, insurance and financial matters?

Would you like to have the prospects you didn’t close, the prospects that weren’t ready to buy yet, call you when they are ready to buy?

Would you like to have your clients, friends and family referring you to the people they know?

Why should these people call you with their questions, if they don’t know or understand what you do or how you can help them?

Why should these people refer their friends and family to you, if they never hear from you?

How many easy sales are you losing to your competition every week that could be yours?
 

If you want a simple way to build trust and your credibility to dramatically improve your image!

 

If you want an easy, non-threatening way to increase your sales from your prospects, clients, family and friends!

 

If you want to spend a lot less time and money chasing after new prospects... then you must send a monthly newsletter!

 

“Acting on a good idea is better
than just having a good idea.”

Robert Half

Sales Skills Tip

 

It's the Little Things!

Most agents, advisors and planners are being led to believe that in order to make big money in this industry, they must make big changes. They are being told to stop what they are doing, completely change their market, and focus their efforts on a new terrific sales idea or the big money in the advanced markets!

And, it's easy to convince most agents, advisors and planners to change. They want to believe there is an easier way.

'The grass is always greener on the
other side of the fence.'


However, actual the truth is, there is no better market than the one you are in right now.

If you look at industry leaders such as the MDRT, Top Of the Table qualifiers, the vast majority of them are NOT using one of the hot new sales ideas, or in one of the advanced markets. They may run into a big case every now and then, but their main focus is on a 'Bread and Butter' market where they consistently generate sales.

Top Producers know that it is the little things that make the difference. It's about continuous learning and continuous improvement.

It's learning how to: ask better questions
 to identify problems and concerns...
to close more sales, get more referrals, make larger sales and make repeat sales!


 “It's not the answer,

it's the quality of the question.”

Pesonalized Client Newsletters Advanced Fact-finding Audios and Videos

Advanced Life Insurance Marketing and Sales Training
Insurance marketing and Sales Resource Center Forrest Wallace Cato - Cato Makes You Famous
Updates for the members of the...
Insurance Marketing & Sales Resource Center

NEW Audio and Video Training
Audio - Top 6 Ways To Generate High Quality Leads By Lew Nason

NEW Annuity & Senior Concepts
The Trouble With Mutual Funds
The first mutual fund was invented back in the 1930s. However, mutual funds never became that popular until the great bull market of 1982 to 2000. Since then mutual funds have been preached by many advisors as “the only way to invest.” And almost every investor has owned mutual funds at some point. And many investors still own mutual funds in spite of the current scandals surrounding the industry.

NEW Life Insurance & Debt Management
Lack of Life Insurance Puts 77 Million Americans at Risk, Survey Finds
Richmond, Va., Sept. 15, 2008 – One in three Americans doesn’t have life insurance, leaving an estimated 77 million Americans financially exposed, according to a new national survey released today. In the face of survey findings that revealed that 77 percent of adults believe that providing for their family after they are gone is important, more than one third are uninsured.
 

Industry Updates & News...
From Producers Web

-Dems seek to limit Medicare Advantage changes
-NAIC to study impact of principles-based reserving
-Freddie Mac offering to include K Certificates
-AUL Retirement Services appoints regional sales director
-Students concerned with college savings
-Oil dips to $71/barrel
-HHS to seal doughnut hole
-Moody's: Oil spill liability limit set at $1.6B
-Fewer companies offer DB plans to new employees
-AIG repayment hopes dim
-Whole Life vs. EIUL: Which is the best wealth building tool?
-Buying life insurance at age 80
-Estate planning for unmarried couples, Pt. 2
-The wow factor: Creating experiences your clients won't forget
-Would you like to work for free?
-How to develop a network of senior care and service professionals
-Anatomy of a fixed annuity income rider, Pt. 5

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 & Lew Nason
'The 9 Out Of 10 Guys'
Marketing and Sales Coaches

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!

Copyright 2010, Insurance Pro Shop - All rights reserved
Lew Nason, with his sons Jeremy Nason and Will Nason are the founders of the Insurance Pro Shop and the creators of the Found Money Management™ Advanced Life Insurance Sales Toolkit the most endorsed and successful Life Insurance lead generation 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 Agents To Become The 'Trusted Advisor' People Want To See... to create endless streams of new, repeat and referral business."

www.insuranceproshop.com
Toll Free #
877-297-4608

                     

~OptOut_0~