Pre-Paid Legal Inc – A Review Of The Business Opportunity
We can never predict when we’ll need legal help. There have been so many times when we’ve been cheated by cons and needed the advice of lawyers. However, people hesitate to hire the services of a lawyer because of the costs and documentation involved. To overcome these problems, PrePaid Legal services Inc was established; through this, members need to pay a fixed amount every month to use free legal assistance for certain issues.
How It All Started – Background Of The Company
The foundation for PrePaid legal Inc was laid in 1969 when Harland C.Stonecipher got into a vehicle accident that left him in a legal tangle with lots of bills to pay. He started a scheme to offer legal assistance for a small monthly fee. In 1983, PrePaid legal was established as an MLM company to sell its plans through associates. Now the company has offices in 50 states and in Canada. In the following years, the company went on to win several accolades and grew in size. There were also bad times when the firm ran into legal problems with affiliates and customers.
For a fixed monthly fee of , members get access to legal services for research and documentation work, wills, lawyer consultation and assistance in traffic issues. Though major criminal cases, divorce and child custody are not covered for, members could get a good discount for consultations on such issues. The Firm also offers an identity theft monitoring and restoration service.
The PrePaid Legal Services Associate Program
Become an associate by paying the startup fee of . Commissions range between and 0. Good performers also get perquisites when they achieve targets. Payment is made as soon as orders are submitted; so there’s no waiting period for commissions. New reps are trained well in the art of selling and given complete support.
Struggling with building a business
The way the opportunity’s projected, you’d think you could easily earn a five figure salary every month. Even if your personal network is substantial, you have to consider the fact that you can’t make everyone subscribe to the Prepaid legal membership. The challenges faced by reps in this business are:
- Most people don’t need legal services regularly; hence they wouldn’t want to spend so much money on prepaid legal services.
- As an associate, you are encouraged to contact people you know and call them to hotel parties to make them join the program. Your demo parties may be very motivating; but frankly, parties to most people mean something else. Not a marketing program that’s going to coax them into buying membership for plans they’re not sure about.
- There’s no use in running behind people who’re not interested in your scheme and pleading with them to become members. There can be nothing as irritating as a sales person who keeps calling up on weekends and disturbing one’s peace.
Winning PrePaid Legal Services Strategies
The way you market your business could completely change your income potential. In the network marketing field, people are either completely frustrated or brilliantly successful. One way of ensuring good results is promoting your business online. You just need to know the right knacks to promote your services and get people to contact you.
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