How Are The Leads Working For Other Agents?

     

Reflecting on AgentInsider’s First Anniversary, we are ecstatic about the partnerships that we have built with agents that use our lead program to cost-effectively develop new business. Over the last year, I’ve had the privilege of getting to know many of our participating agents, be it over the phone or at the “always exciting” state and regional conferences. I hear about how the AgentInsider™ leads are working for them and listen to their excellent suggestions for improving the program. It’s interesting though, in such discourse, I’m always presented with the same question: “How are the leads working for other agents?”

There’s an agent named Theodore in Arizona that always comes to mind when I’m asked this question. Theodore has been using our AgentInsider™ lead program successfully since the program's inception. In fact, he was one of the very first agents to register and begin buying leads! He once told me that his agency has a very simple sales strategy that brings them consistent success with AgentInsider™ leads.

“Touch the Customer 3 Times”

1. You have to call the customer right away.
This agency has at least one agent dedicated to contacting internet leads as soon as they arrive. In this touch point, you must call and introduce yourself, gain their trust, gather any additional information, and let them know that you'll be sending them a quote. Remember the “always-be-closing” words, “If now is not a good time, when will be?”

2. Send the customer a quote the same day that you speak with them.
Set yourself apart from the competition by sending your customer a quote the same day that you speak with them. This will help you become the customers’ future agent by exceeding their expectations with your high level of service.

3. Follow up, follow up, and then follow up.
After a few days, make sure they received your quote, finalize any details, and CLOSE THE SALE.

Although AgentInsider™ is a successful fit for Theodore’s business development strategy, his agency recognizes AgentInsider’s capabilities accordingly:

  • "We use AgentInsider to effectively target markets where we are competitive, and then we branch out from there. Our agency targets insurance customers by individual ZIP codes, and sometimes entire cities and counties.”
  • "InsWeb’s filters provide excellent lead information that allows our agents to work with the leads based on the quality lead information.”
  • “The program meets expected closure success rates and provides us with enough lead volume in order to grow this agency. Further, we know what our acquisition costs are with respect to other advertising and marketing methods.”

Agent Tip:
If you are unable to earn the business off the lead, everything is not lost. Inquire with the customer if you may follow up in the future, prior to their next renewal.

Remember: under the FTC’s "Do Not Call" regulation, you must have the consumer’s consent in order to call after 3 months have gone by since you received the lead.

Theodore is not only my anecdotal example of “how the leads are working for other agents,” but his activity with AgentInsider™ is also a clear reflection of our commitment to making the program a successful lead generating solution that outperforms the traditional marketing channels available to insurance agents.

We truly value your partnership with AgentInsider™ and welcome your feedback and questions. You may always contact us at clientservices@agentinsider.com or by calling us at 866-892-4080.

Recent Insider Articles

AgentInsider™ Celebrates First Anniversary
Last month, AgentInsider™ celebrated its First Anniversary with participating members. Since the online lead program launched on September 12th of last year, participating agents have helped us make great strides in achieving our objective of providing a more efficient, cost-effective alternative to an agent’s traditional lead development methods of direct mail, referral marketing, telemarketing, and yellow page advertising.
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Prospect Follow-up: An Agent Differentiator That Supersedes Price
The common perception for online leads is that the company with the lowest price wins; however, while price is certainly the single biggest motivator in a consumer's shopping process, timeliness, quality service, and personal attention are what close the deal. Remember, each time you purchase an AgentInsider™ internet lead, it is as though the customer is standing right there in your office; so the question becomes: Are you going to jump at the chance to serve him or leave him standing there waiting?
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* All points from this October promotion will be reflected in the October AgentInsider™ Rewards Monthly Statement, which shall be delivered the second week in November 2006. For further program details, visit www.agentinsiderrewards.com.

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