Looking for a partner

[scagnt83]

If someone wanted to do this setup, they certainly could. Many states allow there to be a minority partner of an agency who is not licensed. Its done all the time.

Also, agents can pay marketing costs. They can also lease out office space, etc. While the agreement cant be specifically 50% of sales. It can be based off of other factors, such as number of leads generated.

OP. This would not make sense for most P&C agencies doing home/auto/etc. It could possibly make sense for a life or annuity agent working the middle or upper income markets. 50% might be a bit too much. But you are not far off assuming you could get even 4 figure views per day.

The issue is converting views for "watch out for this" into actual leads and then into actual clients. That is a long process.

Targeted videos for people farther into the buying process would likely convert more vs. generic videos. But that takes a lot more time on the agents part to provide content to you.

 

[DHK]

Are you licensed to sell insurance? If not the agent cannot share commission with you.

I think he was talking about splitting the 50/50 revenues from YouTube, etc, not necessarily from insurance sales. But I'm okay being wrong in my assumption.

 

[bill3173]

The thread title reminds me of a song I heard in a surf shop the other day: I've got the brains you've got the looks, let's make lots of money.

 

[whatyouwantfinally]

I think he was talking about splitting the 50/50 revenues from YouTube, etc, not necessarily from insurance sales. But I'm okay being wrong in my assumption.

That was also my impression. Still not worth anywhere near a 50/50 split.

And even if some agent decided it was, good luck getting enough ad revenue from an insurance-related channel that you can live off 50% of it.

 

[DHK]

I was getting $600/month on my channel with a Brian Tracy video... then YouTube decided I was "reusing" too much of other people's content instead of my own. Still trying to get remonetized again. (I actually re-uploaded that video with a 5-minute intro from me to reset my views. Now I need my 4,000 hours of viewing again. I'm within 800 now.)

 

[Brandon Spark]

Be happy to have a chat with you mate

 

[tikibarrister]

I think he was talking about splitting the 50/50 revenues from YouTube, etc, not necessarily from insurance sales.

Yes, it's unfortunate most people who replied did not read the original post.

If I'm reading correctly, OP said nothing about splitting commissions. Rather, he wants to make YouTube videos with the following arrangement:

• OP provides the video-making expertise, software, titles/graphics, YouTube know-how. Agent (partner) provides the content.
• Agent gets all the business from people contacting him from seeing the videos, the marketing exposure, etc.
• OP and Agent split the YouTube ad revenue 50/50

I fail to see why this is so scorned. In exchange for what, a half-hour phone call or an email per video to provide bullet points, the agent gets a ton of benefits. In general, video production takes 1 hour of work per minute of video, so the OP here is putting in the bulk of the hours of work and the agent is getting a return on his accumulated knowledge.

Seems like a pretty sweet deal if you ask me.

As for making a "full time income" from this video revenue, I'm skeptical...you need xxx,xxx subscribers or more to generate that kind of money from what I've read. But could easily be a nice side business. How it would pencil out on an hourly wage calculation, no idea, but definitely worth exploring.

If I was the OP, I'd say he might do better offering a video marketing service, where he works with agents to make videos for them on a fixed fee basis. If he can do voiceovers, graphics, etc. and all the agent has to do is provide the copy or bullet points, this might be a viable gig.

There are a few channels on YouTube that market directly to consumers and they're very informative. Go search for "Medigap" for instance and you'll find a few insurance agents who are putting out well-produced videos getting tens of thousands of views each. You need 1,000 subscribers before you can start monetizing your videos. Here's an example of an agency (with 11,000 subscribers) which has positioned itself well as a medigap information channel and gets both ad revenue and consumers calling them.