Learn how to grow your digital life insurance business with Jeff Root, the host of the “Modern Life Insurance Selling Podcast” at www.selltermlife.com.
The slides were made by Monetize Your Expertise for the upcoming online course launch. Learn more at http://monetizemyexpertise.com.
4. how are they doing it?
In this first lesson, we’re going to focus on choosing a niche and
developing your unique selling proposition, or USP for short.
You have the tools you need right in front of you
All you need is your computer and the internet
how?
5. niche until it hurts
Choosing A Niche
lesson 1
Creating Your USP
6. why pick a niche?
The niche you choose is often more important than how good you are at selling life
insurance.
key advantages visibility
targeting
opportunitiesYou'll be able to target your ideal demographic much
more effectively
You'll be found much easier in searches
Gives you a world of marketing opportunities that you
don’t have as a generalist (nichespecific trade shows,
podcasts, and conventions..)
9. you need to do the same!
Choose a niche
Focus on one or two specific marketing channels
Continuously add fuel to that fire until they become the
goto authority in their respective niche
Move on to another and start to expand
the most profitable agents:
Let's see how
11. 5 questions to help
Do you work well with a certain demographic?
What are your strenghts?
Any existing product already performing well?
Are you more competitive with one group?
What about your current clients? Any similar segment or similar needs?
14. advantages of personal experience
It will teach you:
Real life experience will not only make
you more relatable to the people
you’re looking to insure, but you’ll also
be more familiar with the needs they
have.
familiarity with needs
You’ll be able to speak directly to their
needs through your own experiences,
and that will help you establish trust
between you and customers.
establishes trust
16. paring down your niche
It’ll be much harder to effectively market to a broader niche than it will be if you narrow
it down as far as possible.
No niche is too small!
CANIGOEVEN
SMALLER?
ASK
YOURSELF Cancer
surivors Breastcancersurivors
Cancer?
20. what about the others
There’s likely groups within that niche that haven’t
been discovered yet
It's a validation that this niche has potential!
Study how they run their business and figure out how
to do it better
Use new technology that enables us to market and
sell in new and exciting ways
22. GET TO KNOW YOUR CLIENTS
What are their problems that they most want solved?
What roadblocks have they run into in the past?
What are their frustrations?
Reengineer those issues into your USP,
and put that sentence front and center on your website.