- 2,045
If telesales for fe was a good model, makes you wonder why it never caught steam decades ago when everyone was building their business with small 50k & 100k trades at a time, all over the phone.
Fex Contracting or the Insurance Squad
- Thread starter Kayla Hall
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- final expense insurance
- 26,179
How old was the average FE client two decades ago? How many of those future FE clients had unlimited data and phone minutes plans? Were remotely comfortable texting or sharing grandchildren picks on Facebook 20 years ago? A 65 year old 20 years ago is 85 today. A 65 year old today was 45 in 1998. 35 in 1985. They owned the first bag cell phones. And were excited to get the New super thin Razor flip phone. A 35" CRT flat face TV was the top of the line.
Yeah, what was/is the right way to do something will always be the right way. Like who would ever pay for a bottle of water. That is just silly
- 1,912
A failed model:
90% of independent Final Expense face to face agents wont be in the business 12 months from now.
90% of independent Final Expense face to face agents wont be in the business 12 months from now.
- 26,179
You may be selling a lot of these guys short. Especially if a few learn to Hunt and Farm at the same time.
- 30,590
You must be using that Mississippi Math. I keep coming up with 32.
- 1,912
My comment wasn't clear. What I meant to say is that 90% of the independent agents that have started this year, won't make it in 12 months. And many of the 10% who do "make it", are not full time. They are semi retired or only in it to supplement existing income.
I'd venture to say that less than 1/20 full time face to face recruits will be selling FE in 12 months.
Seems like a failed model to me.
- 924
Ya but your numbers are true for all insurance sales. I'd actually venture to say that FE telesales in particular very likely has an overall failure rate that is higher than face to face FE sales.
The reason why most fail is bc it lead cost and them not wanting to make investments in their careers. Also, many guys like no way Jose tell people it's easy to write 300k on 20 leads a week and set a false expectations when they start. They realize quickly It's not easy and most will lose money before they make it.
Idk if telesales has a worse or higher turnover but my guess is worse. Seems like all these telesales promoters are slowing disappearing while the f2f IMO's are still here - that is saying something.
- 26,179
You must be using that Mississippi Math. I keep coming up with 32.
My vegetarian dinner got to me. Potatoes are a vegetable, right? Vodka is made with a potatoes so vodka is vegan, right?
- 26,179
I should be clear. I am not promoting one way or another. I was just trying to say, in my impaired way, times change.
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