Prospecting Med Supps

I got off the phone, pulled the list and go see them. much better approach for me. I write a lot more Life now with medsupps. If you want to set 10 appointments per week cold calling you will burn yourself out. Just my experience.
 
I got off the phone, pulled the list and go see them. much better approach for me. I write a lot more Life now with medsupps. If you want to set 10 appointments per week cold calling you will burn yourself out. Just my experience.

How exactly do you do this...........doorknock, leave door hangers?
 
I pull a list off a salesgenie account I have within a 2 mile radius. Then I spend the week door knocking.
 
To be fair and accurate Frank, I believe you've said you're NOT calling a cold list.

I just reread my post. Where did I say that I was calling people who I had talked to before?

There will be regional differences of course, but if you are calling a cold residential list of folks 67-78, the best you're gonna do is get about 10% of people to actually answer the phone.

You are basing that percentage on an extremely small sample that you did quite a while ago. It has not been my experience or that of agents I have been working with.

It's not so much what kind of "phone" you give, but how many people you're gonna be able to "give" it to - no matter how "good" it is!

The initial phone call when selling Med Supps is the single most important part of the entire sales process. It is a learned well practiced art. So yes, it is extremely important that the agent learn how to give "good phone".
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The best strategy would be to call Mon/Tues and run the appointments Wed-Fri.

That strategy may work well with individual health insurance but it does not work well with Med Supps. If I set an appointment on Monday for Thur or Fri I will most often not make the sale. They will either forget that I'm coming and not be home, busy with doing something else or will have changed their mind even though I can save them money.

For every day that goes beyond "tomorrow" my chances of making a sale diminish. It is in my best interest to see them as soon after I talk to them as possible.
 
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The initial phone call when selling Med Supps is the single most important part of the entire sales process.

Isn't this true for almost any product you sell?

You have to set the "frame" early on in anything you sell.

Marry

Sizzle

Close!
 
You are basing that percentage on an extremely small sample that you did quite a while ago. It has not been my experience or that of agents I have been working with.

We did a test of 2,000 dials across a variety of days and times - not "quite a while ago", but less than a year ago. We dialed people age 67 to 78. Only 9% of the dials resulted in a live answer.

Hardly a "small" sample, it's large enough to give very reliable data. You could do 20,000 more dials and you wouldn't get very much statistical variance - if any at all.

If you (or the agents you work with) have facts backed up by data to the contrary, please post 'em!
 
We did a test of 2,000 dials across a variety of days and times - not "quite a while ago", but less than a year ago. We dialed people age 67 to 78. Only 9% of the dials resulted in a live answer.

Hardly a "small" sample, it's large enough to give very reliable data. You could do 20,000 more dials and you wouldn't get very much statistical variance - if any at all.

If you (or the agents you work with) have facts backed up by data to the contrary, please post 'em!

I still disagree. It is a "small sample" done over a relatively very short period of time. I would hardly call it "reliable".

Another "statistic" is, one out of three auto accidents are caused by someone who has been drinking. Assuming that is true then two out of three accidents are caused by people who are sober. One can then conclude that driving drunk is safer than driving sober. Would you call that conclusion "reliable" information?

I have already stated that I don't keep track of that information, that it would have no value to me. I have already tried other ways of marketing Med Supps. I know from experience, the way I do it is the easiest, most cost effective way for me to secure new clients.

I have over sixteen years of experience, you have but a few days.
 
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