I need help with a Marketing question. All explanations and answers will be used to help me learn.
You just received your Insurance Broker license, and are about to invest your life savings to open your
own insurance agency that sells home and automobile insurance policies. This is a highly competitive
industry with nationally known companies such as Allstate, Farmers, State Farm, Nationwide and others
competing with thousands of smaller agencies like your own.
You will need to hire a sales team to help build your business from scratch. Answer the following
questions about your requirements in building your insurance sales team:
Who would make an ideal salesperson for insurance sales?
How are they going to generate new leads that will turn into sales?
Describe how a salesperson can best overcome the following objections when trying to sell a
homeowners insurance policy:
â€œIt’s too expensiveâ€
â€œLet me think about itâ€
â€œI’m happy with the policy that I have nowâ€
â€œI’d rather get a policy from a companyny I’m familiar with like Allstateâ€
ny I’m familiar with like Allstateâ€
How will you, as the owner, motivate your sales team to be successful and â€œclose the dealâ€?
Submit your list of requirements for your sales team
Pj 8 Answer the following questions about your requirements in building your insurance sales team 1 page