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Dear [first name],

I hope you enjoy this weeks "Sales Tips Caboose" newsletter. We need and want your feedback, please let us know if you have any suggestions on marketing and sales information you would like to see, or comments. Please email me at: Coach@insuranceproshop.com.


Wishing You The Best In Success,
Jeremy Nason, RFC, FMM
 
P.S. Quick reminder, the "Advanced Fact Finding Techniques" two-day live training event is April 16th and 17th  - Now is the best time for you to book your flight to Atlanta, GA to get the lowest price!
 


Do You Believe In What You’re Doing?

Do You Own What You Sell?

One of your most powerful sales tools, in any sales call, is a written testimonial from a satisfied client. With the clients’ permission, you can recount their situation (in general terms) and describe how you were able to help them. The only problem with this lies in the credibility of the story. Will they believe it? Your prospect may, at least partially, disregard the story as just a sales ploy. The absolute best way to overcome this problem is to also provide a testimonial of your own personal story, and own what you sell. 

Your own testimonial is a great tool to help those skeptical prospects to see the value of what you are offering and buy into the concept or product you are selling. For example, if you are selling life insurance as a supplemental retirement vehicle, or a college funding vehicle, while protecting your loved ones, you better be doing what you’re preaching. How can you sell the concept, if you don’t believe in it enough to buy it for yourself?  

Owning what you sell gives added credibility to all your recommendations. It demonstrates that you are a total believer in what you do. However, you can’t just tell them you own the policy yourself. You must take your own policy (ies) along with you on all your appointments to show your prospect what was appropriate for your situation. Bringing your policy (ies) along with you clearly shows the prospect you followed your own advice. It then becomes concrete for your prospect, and while in the midst of making an emotional decision, your clients will see that you took the steps to protect your family and save for your future. Therefore, they should do the same. In fact, all of the agents we work with who are truly successful at selling life insurance speak from the heart, and believe in it so strongly that they own multiple policies on themselves and their family members.

To own what you sell makes sense both from a personal standpoint and a professional one. During the course of a life insurance presentation to a prospect, the question will almost always pop up… “What kind of policy do you own?” If you are not able to answer that question quickly and honestly, then your prospect will see you as just another salesperson, pushing a product and not trying to help them long term.

There are three benefits to purchasing a policy on yourself: First, and foremost you are protecting the people you love. Second, you’re accumulating assets for your future, just as you are encouraging your clients to do. Third, to make the deal even sweeter, you will earn commissions on the life insurance policy you purchased for yourself, further reducing your out of pocket cost for the policy.  And, depending on the company, possibly making the first year premiums FREE!!! 

It really comes down to practicing what you preach by following your own financial advice. This goes for everyone, no matter what you sell, be it LTCI, Disability, Critical Illness, IRA’s, Financial Plans, etc… 

Believe in what you do! If you don’t believe in it… ‘How Can You Sell It?’ 

Jeremy Nason, FMM, RFC

Coach and Trainer

Insurance Pro Shop

877-297-4608

 

What did you think about this weeks newsletter? Or, our past newsletters?

Please send your comments to:  coach@insuranceproshop.com

 

www.InsuranceProShop.com
 

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