Insurance Sales: Are You Recession Proof?
If the forecasted recession becomes a reality you have three choices. You can watch it happen and do nothing to prevent its impact on you, you can tighten your belt hoping to survive it, or you can develop a plan to thrive because of the recession. The choice and the result you'll get is all yours. Allowing external circumstances to determine your future is never a good idea and certainly not something a top producer will do. Start formulating your plan by identifying how you'll be impacted by a recession if you do nothing and what you can do to protect yourself. Identify how a recession will impact your customers and potential customers if they do nothing to protect themselves, and what you can do to help them to avoid that impact.
Anytime you try to do nothing more than protect yourself you're actually moving backward. Your fear prevents you from investing in the things you should be investing in so you can excel even when those around you are going out of business left and right. Your fear driven mind set prevents you from seeing the opportunities that are around you even though there may be a recession.
There one choice that will make it possible for you to thrive in spite of a recession. And that's the choice to make a plan for using the recession to your advantage. To do that you must have a clear understanding of your market. Then you need to predict the impact an impending recession will have on them before they do. That enables you to prepare a marketing message that reaches out and grabs their attention drawing them to you.
The answer to making your insurance sales success recession proof is in your ability to market your services. But If you don't know how to market yourself now so you predictably and consistently generate appointments with qualified prospects you need to bite the bullet and learn. Don't turn to traditional marketing sources and experts for help because if their so-called help isn't helping you now it certainly won't help you to turn a recession into an advantage for you.
Wouldn't you agree, the only one being helped by traditional marketing is the person selling it to you. Marketing designed to get your name out there, create a brand, or to build your ego by how good it looks is a complete waste of both your time and dollars. Stop this nonsense and learn how to market yourself in a way that generates qualified leads that turn into clients, so it more than pays for itself.
Stop any marketing you're doing where you can't track and measure the return you're getting from your investment. Effective marketing can be tracked, you can predict the response rate, and it costs you less than the value of the sale to implement. Effective marketing helps you to filter out your ideal prospects from the group at large receiving your message.
In most cases the most effective marketing doesn't look fancy or pretty. You won't care though if it's getting you appointments with people who want to buy from you. Marketing that gets you a specific number of leads to qualified prospects that turn into customers will look like the most beautiful marketing in the world to you because that marketing will make you excel whether a recession ever happens or not.
About the author: Cheryl Clausen can help you get where you want to be. Look here to see how your Sales Skills match up. You can succeed faster if you just had more time? Improve your Time Management Skills, check this out.
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