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IPS Tuesday Morning's Insider Tips... Five Killer Life Insurance And Annuity Prospecting And Sales Strategies!

Featured Tip - Five Killer Life Insurance And Annuity Prospecting And Sales Strategies

Improve Your Attitude - The Power of Your Mind and How to Use it - Napoleon Hill

Become Their Trusted Advisor - 14 NO COST Ways To Attract Your IDEAL Life Insurance And Annuity Prospects... Right In Your Local Community!

Coaches Corner - The Sales Overhaul

Featured Tip

Five Killer Life Insurance And Annuity Prospecting And Sales Strategies!

How are the Top Producers in this industry able to continue to attract more life insurance and annuity prospects then they can handle during these tough economic times? 

Why are they still able to... close 9 out of 10 people they meet with and consistently earn high six, and even seven figure incomes?

What simple changes are the agents we work with making today that is enabling them to go from making a mediocre income... to consistently earn $20,000-$90,000 per month? 

Where are they finding the prospects?

Do they have some special secret knowledge? 

Have they found some new, exciting and magical marketing or sales idea, concept or strategy that has people flocking to their doors? 

Do these agents have a special new competitive product they are selling, or special market they are working in? 

The answer is... No!

So, What Are These Successful Agents Doing That You Aren't?
Contrary to what your companies, recruiting organizations, marketing and sales trainers, etc. want you to believe... to be successful today isn't about you obtaining some secret knowledge, or finding and implementing a fantastic new sales idea or marketing strategy.  And it isn't about you offering a new, exciting and competitive product.

The reality is that most companies, recruiting organizations, marketing and sales trainers, etc. telling you those things just to get you to sign-up with them, or get you to buy their sales system!  The simple truth as to why the agents we work with are successful, and continue to be successful, in the good times and in the bad, is they are practicing the basics.

When are you going to stop listening to all the hype out there and get back to the basics?
 

John C. Maxwell


Here are the Five Killer Life Insurance And Annuity Prospecting And Sales Strategies we eluded to, that are actually just just getting back to and practicing the basics. 

If you implement these five basics right now, you can immediately increase your prospects, appointments and sales just like the following agents! 

And, yes it is that easy!

1. Identify Your Ideal Prospects… 
If you want to make your life insurance and annuity prospecting, appointment setting and sales process much easier and much more profitable? Then identify the prospects you have the best chance of selling! Hint: Your ideal prospects are people that are most like the best customers you have right now. 

Take the time right now to review your current client database to determine whom your best customers are, and what they have in common.  What makes them your ideal prospects...  Are they married?  Do they have children at home?  Are they homeowners?  What’s their income range, profession, ages, etc?  What do they have in common with you? 

Now, tailor all your marketing messages (using the next tip) to attract those people to you. 

_____________

 "Dear Lew & Jeremy, I want to thank you from the bottom of my heart for all of your help. I took your systems in life insurance and annuities and achieved top producer status. My agency was appointed as a premier financial services office for Allstate and we led the region in IPS and Production Credit and qualified for Century Club. Thank you for all you do and for being so sharing and kind. It’s rare in these times to find people of your caliber, who put ethics ahead of profits. You have my deepest gratitude." Shaun C. Borden, All Stars Agent, Allstate Agency Owner, FL (20 plus years)
______________

2. Solve A Problem Your Ideal Prospects Have…
If you want to make it much easier to attract people to you, set an appointment, and close the sales, then give your ideal prospects a compelling reason to meet with you.  What problem (s) do they have that you can you solve for them?  How can you help them to... eliminate debt, pay-off the mortgage early, save for retirement, fund a college education, have the retirement income they need, insure they don't outlive their money, and protect the people they love!  Aren't these the real problems people are facing today in this economy, and the problems they need your help with?

If you are not solving a problem people currently have, then why should they waste their time meeting with you?

To put it another way, how will they benefit right now from meeting with you right now?  What’s in it for them?

“If I could show you how to…_____________, without taking any additional money out of your pocket or changing your current life style, would it be worth a 20 minutes of your time to talk about it?”  

_____________

"I thank God for Lew's vision, and how he has groomed his son's for a family legacy. The Insurance Pro Shop (IPS) is a game changer for anyone who wants to do this business correctly, and help families achieve their financial goals and dreams. IPS empowered me with the tools and resources, and my younger cousin's life, family, and finances have been changed forever! God's blessing is on the guidance you teach and the wisdom you give. Thank You, Lew and Jeremy!"
Andrew L. Brown
, MBA - IL (12 years)
_____________

3. Create A Sense Of Urgency…
No one likes to make hasty decisions concerning long-term commitments.  We all want to think it over so we can make the best decision possible.  The problem is that if we don’t make a decision today, we will probably just continue to put it off.

If you want your prospect to buy now, then you must create a sense of urgency!

Examples:  Ask questions like...  If the stock market declines tomorrow, how much more money are you willing to lose?  If you are not here tomorrow could your family keep their home?  How much longer are you willing to wait before you start to save for your retirement? 

And, include a lower price offer if they buy before a certain date. (e.g. age change date for life insurance) Or, a bonus on their annuity if they take action today!

_____________

"Your kits really work and also your coaching series is the best in town. I recall a year ago I was struggling when I called and you worked me through the process and told me this is not a quick fix. I made it to MDRT this year and this is just my third year in the business. Once again thank you." 
Franklin Allakpo - NY - New York Life (3 Years)
_____________

4. Make The Buying Decision Easy… 
Make the buying decision easy for potential customers and you’ll close more sales. 

Example:  Keep It Simple!  Use a simple two-page presentation summary that compares the prospect's current situation to your recommendation to improve their situation.   

Consider, a 20-40 plus page financial plan is impressive, but doesn't it tend to confuse people?  If they don’t understand the plan, then why should they buy?

We’ve helped a lot of agents go from closing '1 out of 10' sales, when using a 20-40 page financial plan… to closing '9 out of 10' sales, by adding a simple 2 page summary.  Make it easy for prospect to see and understand the benefits of your recommendations and you’ll close more sales!

_____________

"If you are looking for true training to help you to BECOME the top producer you can be, rather than just an “expensive selling system user and buyer”… you have found it with the Insurance Pro Shop. The IPS systems (actually, I’d rather call them a “method selling training program”) are based on timeless communication principles and skills… the skills that are missing from most new agent training and certification programs. And once you own one or more of their “method selling training programs”… you OWN it. It’s yours… to use with any company or agency that you choose. You are not dependent upon others for your success any longer. For me, I 100% absolutely trust their judgment and advice. When I get “stuck” on something, I call them. And based on my trust in them, what they say… goes. End of story." David H. Kinder, ChFC® - CA  (10 years)
_____________

5. Stay In Touch… 
Selling is not a one step process.  "People buy when they are ready to buy, not when you are ready to sell."  Most people do not buy something the first time they see or hear about it.  You can sell many of these potential customers with an effective follow-up system.

You can increase your sales by 80% when you follow up! Here's why:

2% of sales are made on the 1st contact,
3% of sales are made on the 2nd contact,
5% of sales are made on the 3rd contact,
10% of sales are made on the 4th contact, and
80% of sales are made on the 5th-12th contact!

Your follow-up can be as simple as contacting these people periodically with a new offer.  Or, better yet, follow up periodically with some useful information ...and don't charge them for it - like a client newsletter!  You'll build a supportive relationship that gains their trust.

_____________

"Jeremy, what a difference your program and your coaching has made in my career! I struggled for about 2 years with moving from one-shot term business to IUL, annuity, and wealth management. I had plenty of factual information and instruction on wealth management. But there always seemed to be some important part of the equation missing that prevented me from actually understanding how to do it. Your coaching was the missing piece that equaled success! After taking the plunge with IPS, I couldn't be more pleased. You helped me change my business from salesperson to Trusted Advisor - and my income from "ok" to "WOW" in a matter of weeks. My future looks brighter than ever.
Thank you, thank you, thank you!"
 Audrey Sendrowski - MA (2 years) 
_____________

Each of these basic strategies provides you with a simple way to quickly increase your sales and your profits. They are simple to use, highly effective and require very little if any new expense.

If you really want to make finding and setting appointment with your IDEAL Life Insurance and Annuity Prospects much easier, then it's time you looked at the Insurance Marketing and Sales Resource Center and our specialized sales tool kits!

 

Download this Free Report NOW to learn the most consistent, cost effective insurance marketing strategies the top producers use to attract more of your ideal life insurance and nnuity prospects in a month, than most advisors see in a year! And you will quickly set more appointments & close more sales!

FREE Download... How To ATTRACT & Sell Your Ideal Prospects!
Immediate Download... Secrets of successful life insurance sales... Free PDF


Jeremy & Lew Nason
Trainers, Coaches & Mentors
'The 9 Out Of 10 Guys'

Message to Financial Advisors…
Why do you keep putting it off? You have a great opportunity to really help your prospects. They need and want your help to achieve the financial security they’ve been dreaming about and deserve. Aren’t life insurance and annuities a way for us to give these middle income families the safety, guarantees and growth they are looking for? When are you going to get back to the basics and start actually helping people, instead of just trying to make a sale?

__________________

Not Sure What To Do, Or Where To Start?
Call us to schedule a No Obligation, Free 15 Minute Consultation with Lew or Jeremy.
Toll Free In US 877-297-4608 / Direct Line 770-443-2852 (M-F, 9AM-5PM, EST)

__________________

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An Important Message From Jeremy

In recent months the Department of Labor and other government agencies have been trying to adopt rule changes that will require more retirement investment advisers to put their client's best interest first, by expanding the types of retirement investment advice covered by fiduciary protections. This is being seen as an effort to begin shifting the financial services industry away from selling products and towards the delivery of quality advice. Many people, who see selling in a negative light, have suggested that our industry will reach the point where it departs entirely from its “sales” roots.

However, the reality is that “selling” in its purest level, is really just about persuasion and influencing the decisions of others, and we really are in the business of persuasion, convincing clients to:

1) pay for our services...

2) engage in the financial planning process...

3) implement our recommendations...

As a result, if you don’t know how to “sell” your clients on the value of you, the services you offer, and then motivate them to act on your recommendations, you simply can’t and won't succeed in this profession in the near future. And, it doesn't matter whether the sale of insurance or investment products is ever involved.

Consider, over the past ten years we have seen dramatic changes in Medicare supplement and health insurance sales industry, making it much more difficult for the agents who just those sell products, to make a decent living. Now we are seeing the start of dramatic changes in the annuity industry. If you are one of those agents that is just focused on selling annuity products, will you survive?

Want to become better at helping people to take action!
Then take a hard look at our...
How To Close '9 Out Of 10' 
Appointment Setting & Fact-finding - Videos & Audios

Then call us Toll Free to schedule a No Obligation, Free 15 Minute Consultation.
Toll Free In US 877-297-4608 / Direct Line 770-443-2852 (M-F, 9AM-5PM, EST)

There is a huge difference between experienced, proven insurance marketing and sales trainers... and recruiting organizations who promise the world, but rarely deliver on their promises!

 

FREE Download... How to ‘Close 9 Out Of 10’ Life Insurance Sales

Download this free report now, because you will be amazed at how quickly you can increase your Life Insurance & Annuity appointments, sales, and commissions... When you ask the 'RIGHT' questions!

"The Reason So Many Advisors Struggle In This Business, Isn't From A Lack Of Qualified Leads,
It Is From Their Inability To Turn Their Leads Into An Appointment, Let Alone A Sale."

 

Jeremy Nason
Trainer, Coach & Mentor
'The 9 Out Of 10 Guy'

Updates For Our Member's Only Private Site
 Insurance Marketing and Sales Resource Center

Duel Loan Sales Strategy
A great tool/sales concept for estate planning (By John Hancock Insurance). Showing an alternative to premium financing.  Please note: this is not for everyone, but for the right client, it is a great tool!

Hidden Fees of Mutual Funds
A report explaining how mutual funds work and all of the fees they incur.  

Promoting Your Business
Different strategies (and samples of them) to promote your business in your local community.

To see these and all updates from the last 3 months visit the Updates page!

Are you taking advantage of the FREE Client Newsletters in the Insurance Marketing and Sales Resource Center? If not, why not?

Remember... People buy when they are ready to buy, not when you are ready to sell. So, if you want them to call you when they are ready, then you must stay in front of them! Using a monthly client newsletter is the best way to get people to call you.

It’s A Shame For You To Struggle Finding Prospects
& Closing Sales, When Our Members Do It So Easily!
(At only $35 per month can you afford to pass this up?)

Whether you have been in this business for 30 days or 30 years, our Members' Only Private Site is the most affordable and best way for you to master the critical success principles of life insurance and annuity sales!

It's an online Mini-University of Courses and Video Training, providing you with the core and advanced marketing, lead generation, appointment setting and sales skills tips, strategies and training... along with the free reports, free articles, and free client newsletters you need to create an endless stream of New, Repeat, and Referral Sales... to guarantee your short-term & long-term success!

Insurance Marketing and Sales Resource Center - Click Here For The Complete Details

Improve Your Attitude And Change Your World

The Power of Your Mind and How to Use it
Napoleon Hill

Napoleon Hill

 

The Amazing New Agent 'Quick' Start Program...

Mortgage Insurance Sales Tool Kit - For Selling Cash Value Life Insurance

How To Become The Most 'Trusted Advisor'
In Your Local Community!

14 NO COST Ways To Attract Your IDEAL Life Insurance And Annuity Prospects... Right In Your Local Community!

AGENT QUESTION: I could use some help in other marketing areas. I use the phone a lot. I'm on a very limited budget right now and am very frustrated. I love my work, but I'm not doing what I need to do, to be successful. Can you help me?

OUR ANSWER: There are a lot of 'NO COST' or very low cost things you can do to help you find more life insurance and annuity prospects. You can:

  1. Call all your existing clients and ask for referrals...

  2. Call all your existing clients and offer them an educational workshop. Have them bring a friend... (reducing & eliminating debt, saving for a tax free retirement, increasing returns with no risk, reduce or eliminate income taxes, etc.)

  3. Call all people in your local area and use the survey approach...

  4. Use some of the articles from our client newsletters (rewrite them a little) to get yourself published in your local newspaper, associations etc. Make sure you have a byline with all your contact information and offer a free report...

  5. Set up a Joint Venture with a P&C agency, attorney, accountant, doctor, chiropractor, dentist, optician, beautician, auto dealers, etc....

  6. Call all the prospects you didn't sell, and do a survey...

    Charles Stanley

  7. Put up a flyer offering a free report, or workshop in grocery stores, car washes, and oil change places. Or, put it on cars in doctor's parking lots, etc...

  8. Put a free report in a nice, 'clear front' binder, with all your contact information, into waiting rooms...

  9. Make a list of everyone you do business with. Ask for their help. Have them hand out a flyer to every one of their clients offering a free report or workshop...

  10. Offer free educational workshop for churches, women's groups, senior groups and other associations. Starting with your local Church or Synagogue...

  11. Make a list of every person you, your parents, friends and relatives know, and then offer them a free educational workshop or report...

  12. Offer a free workshop to your local library…

  13. Offer an adult education class at a high school or college... (They might even pay you!)

  14. Offer to be a guest on a local radio, or TV Show. Offer a free report or workshop to the audience...

These are just a few ideas. What else can you think of? Be creative...

If you are not willing to do 3, 4 or more of the above... Why? What is holding you back?

Is it because you don't know where to start?

Or, maybe you feel you don't know enough?

You'll find all the tools and everything you need to attract life insurance and annuity prospects... and then get them to call you in our Insurance Marketing and Sales Resource Center and in our specialized sales tool kits!

Jeremy Nason
Trainer, Coach & Mentor
'The 9 Out Of 10 Guys'

 The Ultimate Life Insurance Sales Tools and Training…

Found Money Management Tool Kit - Life Insurance Sales System

Coaching Corner

The Sales Overhaul
By Paul M Mallett
Postema Marketing Group, LLC

According to the conventional wisdom of human development experts, it takes approximately 10,000 hours to achieve mastery in any given endeavor. Research suggests if you commit to the required 10,000 hours of deliberate practice, you can become good enough to be in the top 5 percent of nearly any subject, skill or career field. ​

Author, speaker and self-proclaimed human guinea pig, Tim Ferriss, has spent most of his adult life challenging that notion. By way of his three best-selling books, wildly successful podcast and various other communication channels, Ferriss blows up conventional wisdom by showing the world how to get good at all sorts of things in a fraction of the time. His mission to “gain more by doing less” is the basis of his 4 Hour book series: The 4 Hour Work Week, The 4 Hour Body, and The 4 Hour Chef. ​

It would take far more space than I have here to share all of the specific skills he has mastered in a ridiculously short amount of time, but they include things like learning a new language, strength training, playing musical instruments and participating in Japanese horse archery. ​​

His process for ultra-quick mastery has several key elements, but two ideas really resonate with me:

1. Eighty percent of what we learn on any topic comes from 20 percent of what we study or practice. ​

2. Find someone that is really good at your chosen skill, and do what they do.

It’s pretty simple. Cut through the noise and fluff, and focus only on what matters. Don’t reinvent the wheel. Find someone who has truly achieved what you want to achieve, and mimic them. (They are just a few of the reasons why we recommend the Insurance Pro Shop to everyone we work with.)

Zig Ziglar

In the spirit of improving my sales skills as quickly as I can, I have made it a point to observe some of the most successful agents I have had the privilege of working with, and I document those few essential things they do that separate them from the pack. My list is a work in progress, but this is what it looks like today:

  • Develop a defined and repeatable sales process.

  • Always think “help” before “sell!”

  • Be happy with your results, but never satisfied.

  • Focus relentlessly on your true value-added activities.

  • Feed your sales funnel every day.

  • Believe in your products or find something else to sell.

  • Schedule time to sharpen the saw. ​

I have to admit, I still believe experience is worth something. The twenty-year veteran sales pro has seen and experienced things the rookie may never see. However, time in, of itself is not the teacher. It’s those few massively valuable lessons that matter most. Give me the equivalent of a ten-year head start with Tim Ferriss’ significantly shortened learning curve, and I like my chances.

________________________


Earl Nightingale quote

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