80-20 Producer Coaching Program

 

 

Proven Strategies To Grow A Monster Book Of Business FAST

 

Turnkey P&C Sales System - ALL FORMS AND SALES LETTERS INCLUDED

The turnkey 80/20 Producer Coaching Sales System has been developed by a commercial lines producer with over 30 years of experience. It is not theory. It is not a gimmick. My system works because I learned the hard way how to get out of this DANGER ZONE and grow my book of commercial business irrespective of market conditions. And, I want to pass my years of experience and knowledge to you, and see you and your agency grow FAST. Provided in book form titled “Put The ING Back In Selling.” Contents include:

Mad Dog Time Management For Insurance Producers

Here you will learn all the basics of using your #1 resource – TIME – and how to leverage it to your sales advantage. A lot of salespeople working 60 hours a week could accomplish much more in half the time if they knew how to work more efficiently. At the end of this session you will leave highly FOCUSED, aware of where your time is going and how to stay on track. The best part about our system is that you will have the tools to not only work smarter, but also enjoy the fruits of your sales success!!

The Insurance Producer’s Backpack For Perpetual Success

Because it’s an intangible product, selling corporate insurance can be extremely difficult and challenging in the best of circumstances.  In the long run, an insurance sales person needs a set of tools and techniques that, if applied throughout the sales process, will keep them on the path to success. Here you will learn:

 

  • How to develop a realistic and measurable SALES PLAN on an annual, monthly and daily basis
  • How to maintain a positive ATTITUDE & FOCUS throughout the sales process;
  • How to establish and maintain RAPPORT & TRUST throughout the prospect & client relationship. You will learn six proven strategies and techniques to build a win-win bond between you and the customer / prospect.
  • Getting in the habit of establishing and trading AGREEMENTS & COMMITMENTS. Without them you do not have a qualified prospect. You will learn how to make them and when to walk away;
  • Speaking in the prospect’s language. The prospect listens to a special channel – WIIFM (What’s In It For Me). If you do not play to that channel, you lose.
  • How to win the broker differentiation game. After all, that is what it is all about today. If you do not position yourself and your agency properly, your chances of getting the order go down tremendously, and it becomes a price game;
  • How to identify and nurture the various people inside and outside the prospect’s organization who will ultimately influence their decision to buy or not buy from you.

 

Niche Marketing 101

Niche marketing is far more than merely selecting an industry that your underwriter, on a given day, says they want to write. Using a niche that you are currently considering to pursue (or are currently pursing) you will now learn how to conduct a thorough analysis of your niche based upon a number of critical PRE-QUALIFICATION criteria. This process will lead you to ultimately proceed with a LEAD GENERATION campaign or to shelve the idea altogether. Once PRE-QUALIFIED, you will then learn how to develop a NICHE MARKET WAR PLAN. At the end of this section you will have skills that very few agents have, and a deliverable plan to go with it.

Getting Quality Leads In The Middle Market

Unlike a lot of sales training courses that are “generic” in nature, we are going to use real-life commercial sales situations and walk you through the entire sequence of making the initial sales call. Here you will learn:

  • How to create an endless funnel of QUALIFIED REFERRALS and TESTIMONIALS
  • How to prepare you own UNIQUE SELLING PROPOSITION (USP) that will serve as your sales call script;
  • Six lead generating strategies that work in any market cycle;
  • How to handle the five prospect responses that you will encounter 95% of the time;
  • How to qualify / DISqualify the prospect early in the sales process;
  • How to structure real UP FRONT AGREEMENTS. You will learn the key steps to positioning yourself as a pro in the eyes of the prospect and control the sales process moving forward;
  • Back End Sales Activities That Work. Here you will learn now to avoid the classic mistake that virtually all insurance salespeople make and actually turn things into your advantage.

Establishing Competitive Differentiation On The First Appointment

The fact is that your prospect is fully expecting you to beg for a quotation opportunity. After all, that is what most agents have taught them in the past. Why should they expect anything different? This section is a mind blower because you will learn how to do some amazing things. First, you will learn how NOT to say the word insurance during your sales appointment. That’s right. You are not in the insurance business and are not looking to quote. Second, you will learn how to plan and conduct an incredibly professional sales interview that will quickly demonstrate that you are different and superior. Finally, you will learn how to quickly determine if it is in your interest to proceed and, if so, how. This session will have several role plays and should be a lot of fun

How To Pre-Qualify Your Sales Opportunity And Increase Results

Usually, when a producer has a good sales call and gets approval from the prospect to quote, he or she immediately rushes out and starts filling out applications, hitting the insurance marketplace and getting quotes. At this stage of the sales process this should be the last thing on your mind. Why? Because at this point all you have is an opportunity to quote. In many cases you are no further along to actually getting the order than the minute you walked into the prospect’s office. The goal of this section of the 80/20 Insurance Sales System is to give you tools to avoid this costly trap. In this session you will learn:

  • How you can (and should) differentiate yourself from your competition;
  • Why uncovering prospect problems alone will not cut it in today’s competitive insurance brokerage environment;
  • The four key components of a prospect’s problem you must establish in order to differentiate and position yourself successfully;
  • How to identify and meet all critical decision makers (and some tips on managing the “complex sale”);
  • Getting an ironclad COMMITMENT from the prospect;
  • Why the TRIPLE GO/NO GO CRITERIA can never be violated and tips on how to avoid falling into this costly trap.

Leveraging Your Sales Skills And Knowledge To Create Massive Sales Differentiation

Always keep in mind that throughout the sales process there is a third person in the room with you – the incumbent broker. There is a reason why there is a 90+ retention ratio in the insurance industry. We call this The Law of Incumbent Relationship Gravity. Unless constantly nurtured and strengthened, the prospect will fall back into the orbit of the incumbent broker, and you lose. It is our experience that once a broker reaches the GO/NO GO point, they make the mistake of gathering underwriting information, filling out applications, submitting them to underwriters, and doing all the other things needed to get a quote. The problem with this is that in most cases their relationship with the prospect, while positive, is not strong enough to surpass the INCUMBENT RELATIONSHIP GRAVITY. They may think it is, but they are only fooling themselves. In this session we will share a proven system that fundamentally breaks up the existing relationship between the prospect and his or her current broker – and begin to create legitimate business reasons for doing business with you. We call this the POWER BREAK and it is unique to the 80/20 Insurance Sales System.

Multiple Ways To Strengthen Your Position BEFORE You Bring In Your Proposal

Always keep in mind that throughout the sales process there is a third person in the room with you – the incumbent broker. There is a reason why there is a 90+ retention ratio in the insurance industry. We call this The Law of Incumbent Relationship Gravity. Unless constantly nurtured and strengthened, the prospect will fall back into the orbit of the incumbent broker, and you lose. It is our experience that once a broker reaches the GO/NO GO point, they make the mistake of gathering underwriting information, filling out applications, submitting them to underwriters, and doing all the other things needed to get a quote. The problem with this is that in most cases their relationship with the prospect, while positive, is not strong enough to surpass the INCUMBENT RELATIONSHIP GRAVITY. They may think it is, but they are only fooling themselves. In this session we will share a proven system that fundamentally breaks up the existing relationship between the prospect and his or her current broker – and begin to create legitimate business reasons for doing business with you. We call this the POWER BREAK and it is unique to the 80/20 Insurance Sales System.

Making High Impact Sales Presentations That Close The Deal

In football there is a term called “THE RED ZONE.” This is the area of the football field between the 20-yard line and the end zone. It is a critical area for the offensive team. They have been working hard from the kickoff to move the ball down the field with the ultimate goal of scoring a touchdown. Many a time the offensive team will get into the RED ZONE, only to fail to score. In the 80/20 SALES SYSTEM we call this the “GREEN ZONE.” The touchdown is where you get the order and go to the bank!! In this section we will not delve into the nuts and bolts of your proposal format per se. Each agent and brokerage firm has its own proposal format and it is not the purpose of this program to recommend changes. What we will be doing is discussing the following critical components of your presentation that must be used in conjunction with your standard proposal format:

  • The EXECUTIVE SUMMARY;
  • The CLOSE;
  • Slamming the door on BUYER’S REMORSE.

The FAST TRACK To Critical Mass

Writing each account one at a time has been proven time and time again to be a very tedious, costly and time-consuming process – not to mention the stress on the insurance producer. In fact, over 85% of insurance producers will methodically start serving the policies written rather than move on to working on other prospects!! This session provides the insurance sales professional with proven techniques to SELL IN MULTIPLES and leverage the relationships they have worked so hard to establish and maintain. This is the “mother lode” of the insurance sales profession and is often overlooked. You will learn the following techniques:

  • Four (4) step process to constantly validate and expand RAPPORT & TRUST and rapidly expand your client relationship (leading to more sales);
  • How to expand, nurture and cultivate your CLIENT RELATIONSHIPS. Each key individual in your account that you do not know represents a threat to your retaining the account. Here you are provided a proven system for identifying these key individuals and unique ways to nurture and cultivate these critical relationships;
  • How to rapidly expand your book of business through CROSS SELLING. It is proven that the second sale is easier than the first, and that the more policies you write the higher the account retention. Here you will learn a proven three (3) step process that will generate easier, more lucrative sales;
  • Implementing your own REFERRAL AVALANCHE system (if successful, you may never have to make another call again.)

How To Break Through The Plateau Of Progress That Is Holding You Back

Eventually all insurance producers reach a comfort zone. We call this the PLATEAU OF PROGRESS and, if not addressed, could lead to enormous financial surprises in the long run. This is particularly true for seasoned producers who have reached a comfortable income level and want to enjoy the good life. In this session we will explore why producers fall into this trap, what the financial and emotional ramifications are to the producer and the agency, and five proven strategies and techniques for raising the bar and exceeding your wildest dreams, including:

  • How to monitor your sales & activity performance;
  • How to build your book of business around your PERSONAL GIFTS;
  • How to constantly improve the lifetime value of your book of business;
  • How to constantly sharpen your niche focus – and become the expert in your chosen focus areas of expertise;
  • How to make REFERRALS your main source of leads.

Order Today

Stupidity is defined as doing the same thing and expecting different results. By ordering our turnkey 80-20 Producer Coaching Sales System you will receive the sales manual “Put The ING Back In Selling” plus a CD loaded with over 50 sales letters, flyers, marketing materials, forms and risk management checklists. Remember, you must close the deal before the quote is delivered. The 80-20 Producer Coaching Sales System gives you the information AND the tools.

80-20 Producer Coaching Program

6688 Joliet Road

Indian Head Park, Illinois  60525

Email: Info@80-20ProducerCoaching.com

Website: www.80-20ProducerCoaching.com