You are on your way to prosperity bro!
Monumental Direct Mail Drop
- Thread starter Agentguy5
- Start date
You are on your way to prosperity bro!
- 1,011
Might have changed- been a while since I used Monumental, I'm pretty sure at that time they were using Leads2Success
- 148
I'm not going to speak directly for Lincoln Heritage anymore. All Ill say again to you is find me one FE company that paid 100,000,000 in commissions to their agents. I just checked Lincoln's PUBLIC 2012 PROGRESS REPORT you or anyone else can read for yourself. If the leads aren't serving the agents well how are they generating so much new premium and paying out that kind of commission? Just please answer me with a mature direct response because I'd certainly like to know and be educated if Im wrong. Where is all the money coming from?
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Don't argue with these guys, its not worth it. Some of them remind me of what Mitt Romney's spokesman told Fox News. "We aren't going to let facts & the truth get in the way of our campaign."
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arkansaslr
Expert
- 21
I better step my Spanish up if your getting those types of responses
If you won't, then I will.
I will keep it civil and about the company only.
Lincoln Heritage takes advantage of its agents. They over charge for leads (really overcharge) and pay very little in commissions. On top of that, they will attempt to bury any agent that leaves them. They will also cut off renewal commissions, which is great for the uplines that get to keep that agent's hard earned money.
LH = great for recruiters.
LH = terrible for producing agents.
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Well whoop de frickin doo!! Even if true it doesn't change the fact that no agent should go to work for them as a producer.
- 148
1+1 will always be 2. 2+2 will always be 4.
I asked a simple question. Please show me 1 FE company other than Lincoln Heritage who pays out that kind of FE commission to their agents. Its a simple question. No need for insulting or name calling.
If company A pays out 30 million in commission vs company B would pays out 100 million who's agents are making the most money? As Bill Clinton would say, the math either adds up or it doesn't ad up. If Forresters paid out more FE commissions than Americo, then the Forresters agents are earning more money. Its very simple math.
Again please find a company who's progress report shows they've paid out more FE commission to their agents than LHL. Its pretty simple all of these companies post this information. You refuse to do so because it kills your point entirely & you can't deny whats written in a company's public progress report. A company's public progress report is are far better than 1099s.
Obi Wan Kenobi said:
The difference being that LH has 5x the amount of agents than other FE companies because they mass recruit. So even if they did pay out the most commission it's spread out to more agents. At 1 point in time United American had more sales that united healthcare so UA paid out more commissions. Didn't make them a good company and the average agent only made $20k. Only difference was UA mass recruited so $20k to 20,000 agents
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Again I'm not speaking on behalf of Lincoln Heritage but only with my personal experience with them. A direct mail lead at Lincoln cost 28$ on average. Depending on what upline you are working with, some are 25 and some are 20. It depends on how an IMO wants to help with the lead cost. So lets say its 28$ a pop to be on the high end. At 28 dollars a pop for 20 fresh direct mail leads you'll pay 560$ vs 375 per 1,000. An agent does 2,000 pieces and gets 20 leads back. You've just paid 37.5 per lead vs 28 dollars per lead.
Lincoln's tv leads are roughly 30-35 dollars hot off the press within 24 hours of a person calling. If you got 20 tv leads at 33$ an agent is still paying less than 37.5 for old worn out mail dropped leads.
So sir, I'm asking you politely, what on earth are you talking about? Obviously you dealth with some bad apples, every company has them but I have NO IDEA what you're talking about.
