After they have gone through them, they are told to approach strangers, also known as their ‘cold market’ when they’re out and about. Representatives are told to pitch their ‘warm market’ because they are more likely to become a customer. The company employs an 11-tier upside system in which they get a fraction of the commissions from their down1ine down to the 11th level. Primerica representatives are independent contractors that solely get paid minute commissions through the sale of any of these financial products with some of the profits passed up to their upline.
They are given a script that will be used to persuade their friends and family to meet up with them and their upline for a presentation to turn them into customers. Reps are then required to take a brief class to become life insurance licensed and are told that their fee will be reimbursed. Representatives put a strong emphasis on this as opposed to finding their own customers. Once you’re ‘hired,’ you are told to write a list of your ‘warm market’ that consists of your friends and family so you can immediately start recruiting them which can then duplicate the process.
To become a Primerica representative, you have to pay an IBA fee of $103.95 that includes sales taxes and you’re also encouraged to pay $28 per month for Primerica online. On April 1, 2010, Primerica left Citigroup, its former corporate parent company. The business opportunity includes the sale of term life insurance, auto and home insurance, mutual funds, variable annuities and pre-paid legal services. They will deny it, but it’s your traditional multilevel marketing company and distributor of financial products to middle income families in North America. Based out of Duluth, GA, Primerica is the trade name for Primerica Financial Services, Inc.
0 kommentar(er)
