 I believe this holds true for about anything a person is trying to market or sell. If you believe in the “10/3/1” formula, then you know what I am talking about. You know, you get 10 leads, make 3 appointments and it typically results in one sale. Now, I agree that the formula is for the average salesperson. Many of you do much better than that. Once the first sale is made, we all work for referrals and additional business from the new client. Wait, I think I should back up for a second. We all seem to use the term “client” a lot when describing the first sale. I believe that the first sale makes them a customer. Our future actions will determine as to whether or not they become a client. Let’s investigate: Most experts believe that the first sale means that the consumer is trusting you with part of their assets, not all of them. They will then observe how you keep the promises that were made and the additional value that you bring to them. That is where we think we can help. We provide ample services designed to retain clients and help you provide the best services to them. We provide content that you can drip on your clients and prospects on a regular basis. We assist you in helping clients and prospects go to your website, and if you don't have one, we can develop and manage the website for you. In summary, we assist you in your efforts to be the “go to” person when considering additional purchases. This also helps you get the referrals that you desperately want. So, let’s think about it. We have the digital marketing program to generate and provide you with bona fide leads at one of the best costs in the industry. Ladies and gentlemen, the cost to obtain the second sale and referred leads is very low. In summary, if you want to increase your sales, lower your acquisition costs, and be the go to person in your area, you need to speak with one of our marketing consultants. Territories are still available.
 My wife and I took a one night trip to a great city. Went to dinner and a show and explored the next day. We checked out of our hotel and went to the historic district to tour. But first, we needed to find a place to park. We pulled into a spot on the street that had numbered spots. Of course, we were supposed to put in a credit card, our spot number, and then pay for the amount of time that we would need. I had to make a decision. Do I pay for more time than I think I need to play it safe? Or risk a shorter time and save a couple of bucks. But it got me thinking about our lives, our clients’ timelines, and the parking meters of life. Please read on… What if our lives had a meter and we knew exactly when life would end? I guess that would make it easier for lifetime income needs. I don’t know about you, but I don’t want to know that date. I think our clients and prospects feel the same way. But most don’t want to take chances and they need their “income meter” to keep going and protect them for as long as they live. Isn’t that what we provide? An income that they can’t outlive? For as long as they live? With no losses to principal and previous gains? Isn’t it wonderful that we can ask our clients, “How much do you need and when do you need it?” We are then able to give them a number to place in their fixed index annuity, and guarantee that that amount of money will be there for as long as they live, even if the meter says… time expired. Make sure that your clients don’t outlive the amount of money that they have in their retirement meter.
 I just thought that now would be a good time to remind ourselves as to what keeps our clients up at night. I am confident that most of your clients have at least one of these worries: Loss of Income...As we get older, the size of the "pile of our money" is less important when compared to the income it will produce and the length of time it will continue. Sometimes with age we regress. Early on, we wanted to know what the monthly payment for that car, house, etc. was. Now we want to know what the monthly income I can derive from my nest egg is. Loss of Life...Yep, really important. We all know that in the case of a married couple, the smaller social security check will go away at the death of a spouse. That will probably cause a problem. Maybe a life insurance policy will help ease the pain. And what about additional life coverage to pay for the final expenses? We can ease the financial burden if we play the cards right. Loss In The Portfolio...Sure, when we were all young and dollar cost averaging, a market downturn could be viewed as an opportunity. But what about if you are nearing or in retirement? I don't think so. The stakes are much higher, and a significant loss could severely impact your standard of living. Loss of Independence...The inability to do the activities of daily living is a big one. An assisted living community is expensive. Could it be time to present a long-term care solution? Maybe a life policy or annuity that has accelerated or enhanced benefits if your client is not able to perform 2 of the 6 activities of daily living? That may help... Legacy PlanningSure, we want to pass on what we have learned, and maybe a little bit of what we have earned. Remember, life insurance goes directly to the named beneficiary, bypasses probate and is free of federal income tax. Maybe it’s time to rollover unneeded assets for income into a Single Premium Life policy with enhanced benefits. I know that you are all aware of the big "L" issues. But, is your client? It is our duty to help. How can we help you, help them?
 To be successful, hard work is probably one of the biggest factors. I had two great parents who instilled a work ethic. I started mowing yards at 10 years of age, earned an allowance by doing chores, and learned many skills in the home. Bottom line, even though I played sports all year long, I managed to find time for part time jobs. So, maybe the lessons I learned early in life prepared me for what was to come. You see, I have tried to pass down what I have learned. Those listeners know that, in our world, the most important people are the advisors that do business with us. We also realize that each Ohlson Group associate is as important as the associate working next to them. I also think that passing down what I have learned to the agent in the field could reap rewards for our agents. Why? Because I have truly walked a mile in your shoes. But passing down what you have learned will be far more important to the current and future generations. Not learning just about the successes, but also of the failed attempts at things. Teaching others that failure is the greatest recipe for success. In our business, we need to pass down what we have learned to our clients and prospects… and to their kids. What about volunteering to teach a personal finance class at a high school? Maybe coaching a little league team? Or sitting down with younger people urging them to reach deep and become someone special? Advise them that time is the one thing you can’t get back. Each time you do that, you have an opportunity to change and enhance someone’s future. Bottom line, we all have the opportunity to make a difference in people’s lives, no matter who you are: parents, grandparents, teachers, police, financial services professionals, etc. So, if you are looking for another reason to do what we do, pass along what you have learned and enrich people’s lives one person at a time. And, in closing, maybe Ohlson Group has learned a few things that can help you. I am confident that there are things you have learned that can help us. Because at the end of the day, when your last press release is the obituary, people will continue to speak about you for passing down what you learned, not just what you have earned.
 I recently read this line in a publication and it really hits home, as time does go by so quickly. It made me think of our most valuable assets at Ohlson Group. That would be you… the independent advisor and insurance specialist that does business with our firm! Our business, and I'll even go as far to say life in general, is changing every day. Sometimes it might feel tough to hang in there while trying to implement new tools and strategies. I had an agent tell me, “I am just too old to change my way of doing business.” I wish I would have read the title of this commentary prior to speaking with him. Had I read the line, I would have told him that, “You will never be younger than you are today.” Look, like you, I can get challenged by technology. I need the kids to help me with my TV when I start screwing up the channels etc. But seriously, I, along with the staff, have been knee deep in what technology can do for you. It is not a case where we throw out what you are already doing. On the contrary, we embrace what you are doing and add another arrow into your quiver. Why not take a look at the tools we are providing to our associates in the field? Together, we can make this, sometimes daunting, leap into technology less stressful and highly profitable. No time to wait... as you will never be younger than you are today. Ask us about the digital lead program that we are now using with a select group of advisors. So, even though my hair is turning gray and my hairline continues to recede, I know that I will never be younger than I am today. Isn't this the time for all of us?
 Wow! Did we read that correctly? $107,146... that is the median annual cost in 2024 to receive services in a semi-private room. So as long as everyone has a couple hundred thousand dollars hanging around, they should be okay. But what if there is a spouse at home? Will they have enough cash to stay in the world that they have become accustomed to? Or even if they decide to stick to a tighter budget, what can they truly afford? Read on... I once attended a meeting where an elder law attorney talked about long-term care costs and Medicaid. He pointed out that many people don't have enough money to cover these costs. That's when Medicaid steps in, but only after you are impoverished. He also mentioned that fewer insurance companies are offering long-term care insurance. He spoke highly of asset based products and life and annuity products with accelerated benefits. As I sat there listening, I was perplexed as to why more advisors are not offering these products. Ladies and gentlemen, I am very convinced that these products are the "hot sellers" of the industry. Look, you pledge to give the best service to your clients. Are you doing them a disservice when you don't research, discuss, and present certain solutions? If you want to talk to someone who knows all about the potential products you could pitch your clients, give us a call at 1-877-844-0900, or click the button below to book an appointment with one of our knowledgeable marketing consultants.
|
Archives
May 2025
Categories |
RSS Feed
Search Our Website to Find More Info, Tips, and Sales IdeasContact InformationOffice Address:
The Ohlson Group 11611 N. Meridian Street | Ste 110 | Carmel, IN 46032 Phone: 1-877-844-0900 Fax: 317-844-4422 |
Quick Links
|
THIS WEBSITE IS INTENDED FOR AGENT USE ONLY. NOT FOR USE BY CONSUMERS.
INFORMATION CONCERNING COPYRIGHT INFRINGEMENT CLAIMS
The Ohlson Group LLC provides links from its website to various third party sites which may enable you to obtain locations and information outside of The Ohlson Group's control. The Ohlson Group LLC neither controls nor endorses such other websites, nor have we reviewed or approved any content appearing on them. The Ohlson Group LLC does not assume any responsibility or liability for any materials available at these websites, or for the completeness, availability, accuracy, legality or decency of these sites.
CLAIMS OF COPYRIGHT INFRINGEMENT
The Digital Millennium Copyright Act of 1998, as amended, (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that materials we host infringe your copyright, you (or your agent) may send us a notice requesting that we remove the material or block access to it. If you believe in good faith that someone has wrongly filed a notice of copyright infringement against you, the DMCA permits you to send us a counter-notice. Notices and counter-notices must meet the then-current statutory requirements imposed by the DMCA; see http://www.loc.gov/copyright/ for details. Notices and counter-notices should be sent to [email protected]. The Ohlson Group LLC, (877) 844-0900. We suggest that you consult your legal advisor before filing a notice or counter-notice. Also, please be aware that there are penalties for false claims under the DMCA.
The Ohlson Group LLC and or Joseph R. Ohlson LUTCF is licensed to do business in all states except New York.
Privacy Policy
INFORMATION CONCERNING COPYRIGHT INFRINGEMENT CLAIMS
The Ohlson Group LLC provides links from its website to various third party sites which may enable you to obtain locations and information outside of The Ohlson Group's control. The Ohlson Group LLC neither controls nor endorses such other websites, nor have we reviewed or approved any content appearing on them. The Ohlson Group LLC does not assume any responsibility or liability for any materials available at these websites, or for the completeness, availability, accuracy, legality or decency of these sites.
CLAIMS OF COPYRIGHT INFRINGEMENT
The Digital Millennium Copyright Act of 1998, as amended, (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that materials we host infringe your copyright, you (or your agent) may send us a notice requesting that we remove the material or block access to it. If you believe in good faith that someone has wrongly filed a notice of copyright infringement against you, the DMCA permits you to send us a counter-notice. Notices and counter-notices must meet the then-current statutory requirements imposed by the DMCA; see http://www.loc.gov/copyright/ for details. Notices and counter-notices should be sent to [email protected]. The Ohlson Group LLC, (877) 844-0900. We suggest that you consult your legal advisor before filing a notice or counter-notice. Also, please be aware that there are penalties for false claims under the DMCA.
The Ohlson Group LLC and or Joseph R. Ohlson LUTCF is licensed to do business in all states except New York.
Privacy Policy
Copyright © 2025 The Ohlson Group LLC All Right Reserved.