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Published byAnnice Edwards Modified over 8 years ago
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Competition from Direct writers Lowest Price Best Coverage Sales Culture 5
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No Sales Culture Counselors & professionals The three R's Couldn’t fix the problem 6
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Consortium of 21 national carriers and FAIA Along with a handful of agents associations and IIAA The first sales trainer of independent agents 7
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Platform III--Self Management. From direct writers to direct responders THE BIG LIE! 8
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More than just "time" management Macro level--Properly setting personal revenue goals, sales goals and objectives. Micro level--Day to day activities 9
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Alice: “Would you tell me which way I should go from here?” Cat: “That depends a great deal on where you want to get to” said the cat. Alice: “I don’t much care” Cat: “Then it doesn’t matter which way you go…” 12
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THE TIME PERSPECTIVE LAS VEGAS ENGINEERING CREATING THE CONDITIONS FOR SUCCESS 13
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1. Specific 2. Measurable 3. Attainable 4. Time Bound 5. Meaningful 6. Controllable 7. Written 8. Communicated to Relevant Others 14
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Must be… Specific 15
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Must be… Measurable 16
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Must be… Attainable 17
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Must be… Time Bound 18
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Must be… Meaningful 19
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Must be… Controllable 20
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Must be… Written 21
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Must be… Communicated 22
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1. Be specific 2. Be measurable 3. Be attainable 4. Be time Bound 5. Be meaningful 6. Be controllable 7. Be written 8. Be communicated to Relevant Others 23
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1. Total Revenues Generated by Seller = 2. Total Number of Sales Closed by Seller = 3. Total Commissions Paid to Seller = 4. Total Number of Contacts by Seller— phone, e-mail, etc. = 5. Total Number of X-Dates = 6. Total Number of Proposals, Presentations, or Sales Calls Made by Seller = 24
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A.New Commission* Goal= B.Average Sale=(1. divided by 2.) C.Average Commission %=(3. divided by 1.) D. Average Commission per sale =(B x C) E.Number of Sales Needed=(A divided by D) F.Number of Proposals Needed per=(6. divided by 2.) G.Total Number of Proposals Needed=(E x F) H. Number of Ex-Dates Needed per Proposal =(5. divided by 6.) I.Total Number of Ex-Dates Needed=(G x H) J. Number of Contacts Needed per Ex- Date =(4. divided by 5.) K.Total Number of Contacts Needed=(I x J) L.Number of Contacts Needed per sale=(K divided by E) M.Number of Ex-Dates Needed per sale=(I divided by E) 25
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Annual Selling Time Available: 200 Days (eliminating weekends, holidays, vacations) Contacts Needed=(K divided by 200) Ex-Dates Needed =(I divided by 200) Proposals Needed =(G divided by 200) 26
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Domestic Mission Statement Domestic Financial Goal Personal Prospectus 28
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1. Developing and managing a goal related to do list 2. Managing interruptions & time wasters so they don’t impede completion of goal- related activities 3. Managing workspace, paperwork, email 4. Eliminating Procrastination 29
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Direct Writers lived off of a sales culture You lived off the three R’s. Direct Response Carriers Live off the …”BIG LIE!” 30
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Newspaper Daily Readership Daily Full Page B/W Cost Daily Full Page Spot (1) Color Cost Daily Full Page Full Color Cost St. Petersburg Times739,814$32,782.77$35,778.14$36,766.40 Miami Herald736,054$28,476.00$31,631.00$34,786.00 Ft Lauderdale Sun- Sentinel 634,399$37,296.00$42,746.00 Orlando Sentinel538,961$37,296.00$39,896.00$41,596.00 Tampa Tribune544,212$26,979.12$29,543.90$30,473.33 Palm Beach Post420,578$23,201.95$25,588.95$26,797.95 Jacksonville Times Union 377,899$12,007.32$13,713.32$15,291.32 Sarasota Herald Tribune 258,989$15,588.72$16,800.72$18,661.72 Daytona Beach News- Journal 240,641$12,845.70$13,945.70$16,090.70 Ft Myers News-Press210,823$12,396.90$13,535.85$14,345.95 TOP 10 FLORIDA DAILIES AD QUOTES 34
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