20 leads weekly expectations

sounds like marketer talk to me

Well let's do the math. If he was taking 15 leads a week and had a 20% close ratio.

That's selling 3 lead cards out of 15. I imagine at least one of those would be a husband/wife duo so your up to 4 sales. Average AP of $600 x 4 = $2400 x 4 weeks = $9600

If you can't close 20% of your leads, this is probably not the business for you.
 
Well let's do the math. If he was taking 15 leads a week and had a 20% close ratio.

That's selling 3 lead cards out of 15. I imagine at least one of those would be a husband/wife duo so your up to 4 sales. Average AP of $600 x 4 = $2400 x 4 weeks = $9600

If you can't close 20% of your leads, this is probably not the business for you.

That's exactly right Josh, although the truth is you can still make a very good living closing only 15 percent if you're willing to spend enough on leads. Add in Medicare and enough time for the numbers to work you have yourself a good little business.

None of it will make much sense without the upline support as Josh pointed out.
 
That's exactly right Josh, although the truth is you can still make a very good living closing only 15 percent if you're willing to spend enough on leads. Add in Medicare and enough time for the numbers to work you have yourself a good little business.

None of it will make much sense without the upline support as Josh pointed out.

That is correct. If you were willing to buy 30-40 leads a week, you could skim the cream off the top and still make an above average income with less hours in the field.

I know. That's what I did for the last 3 years.

But you still have to know what you're doing. This is a numbers game, if you have decent numbers. You can't fix a bad agent by just throwing more leads in the mix.
 
Man, all this math being thrown around makes my head spin. I never do a lot of planning. When I get low on leads I buy more. I really don't even pay attention to the numbers.

The numbers I look at are deposits in my bank account. I like to see them between 8 and 10K per month. That's enough to pay my bills and keep my toys.

I find that if I concentrate on working hard when I work, the numbers tend to take care of themselves.
 
NFL, what you're saying is exactly the mark to look for to know that you are "successful" in this business. When you know that you can close x number of sales on that next batch of leads you're doing something right. I guess you can sum it up as confidence in your ability to sell FE, something everyone should shoot for.

I think that Josh is specifically speaking to the new agent who doesn't know what these numbers should look like. I think that it's important to have a mentor that can analyse your numbers and know when and how to step in to help get you on track.
 
I spent 19 years in the car business. Most of the time when new agents would come in they would spend too much times trying to figure out the numbers. I find if you spend more time learning how to sell, the numbers tend to look a whole lot better at the end of the month.

No matter what people say, this is a tough business. I think most guys trying to break in would do much better taking 75 to 80% and having a guy who can spend a good amount of time with them while they learn the ropes.
 
Back
Top