• Work From Home 12.03.2010 Comments Off

    By paying a monthly fee you are able to retain the services of an attorney. This is the product offered by Prepaid Legal There are many options to choose from along with varying monthly fees. Dependent upon the plan you choose will determine exactly which services you would be able to receive. Why are so many of the sales reps of this product failing with even with such a great product?

    Since Prepaid Legal is a publicly traded company, they are required to release data at the end of every quarter. Some alarming information was released after the third quarter of 2009. Many of their sales force has extremely poor results. In one year, only 2% will make more than ten sales. Along with that retention is very poor; where 85% of the sales force will either give up or fail to make even one sale. Based on those numbers a lot of people are making a lot of money. But why not more? Prepaid Legal has well over one million sales reps, but 980,000 of them will not make more than ten sales this year.

    The most popular marketing approach in this business is to create a warm market list. This is where you will write down everyone that you know and try to sell them your product. You are also taught to sell the opportunity of becoming a sales rep as well, seeing as that is where most of the money is made; earning a commission on the sale of the product from those reps that you recruited. This is a proven strategy that has worked time and again except that it is not a approach that is successful for everyone. One person’s warm market list and circle of influence is drastically different from that of another.

    Just because you have a great circle of influence and your warm market list is very large does not automatically mean prosperity in Prepaid Legal. It merely means that you will need to develop a different marketing strategy. The problem lies within the fact that there is not much training given to other marketing strategies. The warm market approach has been proven to work; it just does not work for everyone. Your new marketing tactic will need to consist of a way in which to attract others to yourself. Becoming a leader is crucial. People want someone that has some value that they can bring to the table. You will also need to learn how to create 50-100 of your own leads on a daily basis. These are your own leads in which you can market and sell to at anytime you deem appropriate. You will never run out of people to share your products or business opportunities with when you discover how to generate your own leads.

    If you found this Prepaid Legal Review helpful and want to learn how to succeed in Prepaid Legal, Randy Disert has an amazing MLM System that you need to visit.

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  • Work From Home 26.12.2009 Comments Off

    Prepaid Legal offers a great product in which you pay a nominal monthly fee and are able to have the advice of an attorney just a phone call away. This is basically like having your own attorney on retainer. There are many options to choose from along with varying monthly fees. Dependent upon the plan you choose will determine exactly which services you would be able to receive. So even though this is a great product, why are so many people failing?

    Financial data of Prepaid Legal is released at the end of each quarter seeing as it is a publicly traded company. Their third quarter, 2009 numbers revealed some very disturbing details. Many of their sales force has extremely poor results. In one year, only 2% will make more than ten sales. Along with that retention is very poor; where 85% of the sales force will either give up or fail to make even one sale. Their sales force is well over one million strong, which means there are a lot of people making money hand over fist in this business, but why is not everyone?

    The primary marketing strategy which has proven to be successful in the network marketing industry is to make a list of your friends and family and sell them the product. You are also taught to sell the opportunity of becoming a sales rep as well, seeing as that is where most of the money is made; earning a commission on the sale of the product from those reps that you recruited. This practice is very effective and has worked for many years and continues to work. The problem lies in the fact that it does not work for everyone. One person’s warm market list and circle of influence is drastically different from that of another.

    Having said that, this is not to express that because one person’s warm market list is not any good or runs out quickly that they will not succeed in Prepaid Legal. If that warm market list is not effective for you, then you will need to learn another marketing approach. When looking at another another way of marketing you will run into some obstacles because there is not much taughtbeyond the warm market methodology. As stated earlier the warm market strategy works, just not for everyone. By knowing how to draw people to you, that is the solution to any new marketing strategy you attempt. Becoming a leader is crucial. People want someone that has some value that they can bring to the table. You will also need to learn how to create 50-100 of your own leads on a daily basis. These are your own leads in which you can market and sell to at anytime you deem appropriate. By learning how to create your own leads; you will have a great deal of success and will not run out of people to share your product or opportunity with.

    If you found this Prepaid Legal Review helpful and want to learn how to succeed in Prepaid Legal, Randy Disert has an amazing MLM System that you need to visit.

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