Showing posts with label Sales. Show all posts
Showing posts with label Sales. Show all posts

Sunday, November 25, 2012

How to Increase Your Sales Success Through Increased Knowledge

As an insurance agent, it is important to stay on top of all of the latest news in the industry. This will help you increase your sales success because you will have more confidence in the information that you are presenting to your clients. But how do you make sure you are as knowledgeable as you can be about the products that you are presenting? Here are four things you can do to increase your knowledge about your products and your selling techniques to maximize your success.

Read as many books as possible about the subject you want to learn about. Are you trying to be a better salesperson? Do you want to learn more about a certain type of insurance product? Regardless of what you are trying to educate yourself about, you should read as many books and magazine articles on the topic as you can find. As you read, keep a notebook handy so you can take notes which will help you retain the information. Then put the information that you find to good use when meeting with your clients. Attend seminars and conferences. One of the main benefits of attending a seminar or a conference about the subject that you want to learn about is that there are typically experts in the subject speaking at these events. These events can help you learn real world ways of applying the information that you are learning about. And since these events are conducted by experts in the industry, they can help you weed out the ideas that don't work in real world situations so you can focus on the techniques that do work with actual clients. You can also meet with others in the same industry and discuss ideas which can be a great way to network with others. Subscribe to industry newsletters. If you search for newsletters that are relevant to selling or those that provide the latest news about insurance products, you can stay up to date on the things that you should know as an insurance agent. Clients will be asking you questions and you should know the answers without needing to get back to them. Try to focus only on the newsletters that are written by experts in the field so you are getting the most accurate and effective information. Look for audio materials for your down time. Have you ever thought about purchasing books on tape that are relevant to bettering your sales techniques? Instead of letting valuable minutes in the car go to waste by listening to music, you can listen to audio books about being motivated, increasing your sales success and more.

Whether you are trying to increase your knowledge about effective sales strategies, learn about ways to motivate yourself or become an expert on the products that you sell, you can use these suggestions to accomplish those goals and increase your potential for sales success.

3 Mistakes to Avoid When Contacting Insurance Leads   How A Bank Took Over The Relationship From My Financial Advisor   

Exclusive Life Leads: Tips for Successful Phone, Internet Sales

For insurance agents seeking out exclusive life leads, it is important to understand that it is becoming more common for prospects to purchase life insurance on the phone or through the Internet, rather than coming to an agent's office. It's a different world than it was 5 or 10 years ago. People want fast, convenient, instant gratification, and the phone and Internet are able to meet these needs effectively. The key to success as an agent is to know how to maximize these exclusive life leads through phone or Internet communication.

While meeting prospects in person may be the easiest way to sell insurance, because you can interact and build rapport, the truth is that more and more customers want to use the phone or Internet, so agents must learn to adapt to this method of selling. The good news is that it is still possible to build rapport and create confidence in your products through the phone or Internet. The key is to speak kindly and professionally and continue being customer-focused in all of your communications.

Convert Exclusive Life Leads to Profitable Sales

When it comes to phone and online insurance sales, you are in control when you can perfect your communication and customer service skills. Consider these additional tips for making the most of exclusive life leads sales opportunities:

· Promptly follow up on all leads and inquiries. When you respond quickly, the customer feels valued and it sets-up your relationship for success.

· Be concise in your discussion of the products. Whether it is e-mail or phone or online chat, customers are short on time, and will not want to read or listen to endless details about the life insurance products. They just want to know if it is affordable and if it will meet their needs, so develop a standard "pitch" that is brief and interesting to keep customers' attention.

· Be personable and real in your communications. Use a friendly tone of voice or writing. Don't be overly formal or stuffy. Customers begin to trust you when they can relate to you as a human being.

· Always strive to take your customer's perspective. Everything you say or write should be customer-focused, answering the customer's question, "What's in it for me?"

· Know the ins-and-outs of what you are selling. You want to be armed with all of information about your life insurance products, so you will be prepared for any questions from these exclusive life leads. When you can show you are prepared and competent, customers will want to purchase from you.

There's no reason to fear or dread online or phone communications with prospects. When you are well-prepared, friendly and focused on the customer's needs, you can achieve great success with converting those exclusive life leads into profitable sales to grow your business.

3 Mistakes to Avoid When Contacting Insurance Leads   How A Bank Took Over The Relationship From My Financial Advisor   

How To Increase Insurance Sales: Your Value Proposition

Empathy is the Single Most Important Factor in Sales Success

Because research has shown that people do NOT want an agent whose sole objective is to get the app and collect the check. People want an insurance agent who helps them - not an agent who sells them.

They want a friendly, honest agent they can trust, who has both the resources and the knowledge to:

help them understand their needs correctly answer their questions make suggestions or recommendations help them understand their choices guide them in making smart decisions

They want someone who will stay in touch, and periodically review and update their coverage.

So if you want to know how to increase insurance sales, begin with your sales process.

Stop Selling and Start Helping

If your attitude, style, method or process reflects a "sales" orientation, the surest way to increase insurance sales is to change from "selling" policies, to "helping" clients make smart buying decisions.

Of course, you might already be doing this. But are you telling people this is what you do?

Your Business Value Proposition

Here's a very easy and effective way to increase insurance sales, while building your business with additional sales to existing clients, and generating qualified referrals to new clients too.

Begin by creating your own "value proposition" statement - something like this:

I am a friendly, honest insurance professional.

I maintain the resources, the information, and the knowledge to:

help my clients understand their needs correctly answer their questions make suggestions or recommendations help them understand their choices guide them in making smart decisions

I review each client's coverage every year, and make suggestions for cost reductions or improvements.

And I do all that I can to save my clients money on their insurance. Would you like to be my client?

How To Increase Insurance Sales With Your Value Proposition

Next, have your "value proposition" printed out on a 3 x 5 full color postcard, along with your photo.

On the back of the post card, print the following:

Please visit my website to learn what I do for my clients, and what I can do for you too.

www.mywebsite.com

Now keep these cards with you, and put them into the hands of everyone you know and everyone you meet. Hand these cards out to everyone you do business with too.

Simply tell everyone that you are always looking for people you can help with their insurance, and hand them the card. Most people will immediately read the card, and then flip it over to see the "invitation" to visit your website.

But be sure to make note of everyone you hand a card to, so that you can follow up with a reminder phone call - even if you only leave a voice mail message.

No Gimmicks or Techniques

Not only do people appreciate the refreshingly honest and direct approach, but those who respond are predisposed to working with you - which shortens the sales process considerably.

And the more cards you hand out, the more productive activity you will develop - which naturally results in more sales opportunities that develop into long term client relationships.

3 Mistakes to Avoid When Contacting Insurance Leads   How A Bank Took Over The Relationship From My Financial Advisor   

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