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8 Smart Tips Agents can Do to Boost Their Life Insurance Sales

Pipeliner

Selling insurance can be challenging, and that’s true, whether you’re a new, inexperienced insurance agent or already a known professional in your field. That’s because people think insurance could cost a fortune, and it isn’t something that people often get to feel, hold, or even touch. Have a Story.

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The Nature and Necessity of Uncapped Commission

Hubspot Sales

That's why uncapped commission can be a powerful incentive for sales reps to exceed expectations. If a sales rep's commission is capped at $50,000 for $500,000 worth of sales in a quarter, what incentive do they have to try to go beyond that? In many cases, they want to be able to present definitive budgets and save money.

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Base Salary: What It Is, How It Works, & What It Can Look Like

Hubspot Sales

Your base salary is generally presented as an annual sum and paid out in biweekly intervals — though that frequency might vary based on your employer's preferences. In many cases, employers that pay a base salary offer performance-based financial incentives (like commission) to supplement that baseline figure.

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29 Critical Sales Compensation Benchmarks & Statistics for 2022

The Spiff Blog

On average between 40% and 50% of an employee’s preferred total award experience has nothing to do with the physical reward itself, but rather the award presentation and professional development ( source ). Insurance Sales Agents: $50,600. Properly structured incentive programs can increase employee performance by 44% ( source ).

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Sales Managers – Why Isn’t Goal Setting Easy?

Anthony Cole Training

I was first introduced to goal setting in sales when I was an insurance agent with National Life of Vermont. I failed in the life insurance business. Or, if you want to use incentive travel/excursions to motivate people to higher levels of performance, you raise the bar required for people to qualify for the “President’s Club” trip.

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How Does Weather Affect Small Businesses?

Smooth Sale

Take advantage of government-provided energy-efficiency incentives and tax rebates to help offset costs. Research the better insurance available to protect the financial stability of your business. BizCatalyst360 Presents a life, culture, and biz new media digest as a hub of creative expression and personal growth.

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5 Keys to Building Successful Sales Teams – Let’s Talk Motivation

Anthony Cole Training

In 1989, while I was in Cincinnati working as an insurance agent for David Zimmerman (who actually recruited me to play at UCONN), I attended a life insurance conference. During his presentation on “visualizing is realizing”, he said the following: “Motivation is an inside–out job”. I was my own motivator.