Hire Producers with Confidence
June 19, 2023 – 4 min read
Randy Schwantz in Insurance Agencies
Randy Schwantz in Insurance Agencies
In the world of sales, effective pre-call preparation can make a significant difference in the outcome of sales calls.
When it comes to commercial insurance sales, where differentiation is localized and depends on various factors, thorough pre-call preparation becomes even more critical.
In this blog, we will explore the importance of pre-call preparation and how it empowers new producers to navigate sales calls with confidence and success.
Differentiation in commercial insurance sales is not universal; it varies based on competitors, the strengths and weaknesses of both parties, and the specific needs of the buyer.
As a new producer, it is essential to recognize that differentiation goes beyond price and coverage. Pre-call preparation helps you define your differences in contrast to the incumbent agent and how it aligns with the specific buyer’s requirements.
During pre-call preparation, one crucial step is to shift the focus away from price and coverage. As the new producer, you must demonstrate why the buyer would need your services despite having an incumbent agent.
By removing price and coverage as primary factors, you can explore other aspects where your proactive services, expertise, and unique offerings shine.
Effective pre-call preparation equips your new producer to have targeted conversations with potential clients.
It involves understanding the buyer’s industry, whether they are contractors, manufacturers, or other businesses. By gaining insights into their specific needs and pain points, you can tailor your approach and wedge your proactive services that address their challenges and competitor weaknesses.
Pre-call preparation challenges new producers to think critically about the value they bring to the table.
It prompts them to consider why a buyer would choose them over the incumbent agent. By anticipating objections and thoroughly understanding their proactive services, new producers can confidently navigate sales calls, effectively communicate their unique wedges, and subtly showcase their expertise.
Just like shooting a rifle versus a shotgun, pre-call preparation ensures that new producers hit the target with precision. Armed with thorough research, insights, and a clear understanding of the buyer’s needs and competitors weaknesses, new producers can identify pain points and present tailored solutions.
This level of preparedness enhances their ability to engage buyers , wedge out the incumbent and win new business.
Pre-call preparation is a crucial step for new producers in commercial insurance sales.
It allows them to differentiate themselves, understand buyer needs, and tailor their approach to each sales call. By investing time and effort in thorough preparation, new producers can position themselves as trusted advisors, make meaningful connections with potential clients, and increase their chances of success in the competitive marketplace.
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With my evidence based interview process you can be sure that your next hire has the GRIT to fight through walls and achieve success selling commercial insurance.
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How the Wedge Sales Culture Drove New Business Growth
The Wedge Sales Culture is credited as the engine of this growth, and this case study explores how the agency has implemented and benefited from this process.
“Hire Producers with Confidence” Use Our Evidence-Based Interview Process to Eliminate Candidates Who Don’t Have GRIT
With my evidence based interview process you can be sure that your next hire has the GRIT to fight through walls and achieve success selling commercial insurance.
Growing Your Agency Just Got Way Easier
Do you want to work with me to grow your agency?
Take 90-seconds to complete this application
to see if you are eligible for a Growth Session.
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