Cold calling leads is one of the most brutal parts of selling insurance. A way to analyze, and break down what to say to a prospect, how to handle certain objections would be amazing but doesn't currently exist. Having a predetermined script based off data from 1000s calls to create and refine a highly effective script is a dream for agents
Michael Worrell
Willing to pay for solution
This would be worth at least a few hundred dollars as a price point. The market for this product would be massive though. You'd not only have 10000s of agents interested but you'd have call centers wanting business versions in the form of multiple users or licensing the model for implementation across their hundreds of agents
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Value Reasoning
It would make my job a 1000x easier and the job of many other agents way easier. The idea is to make the painful, grueling job of cold calling as efficient as possible. If an agent is going to subject themselves to the brutality of cold calling, it's important to fine tune that task to the best of their ability to make the task as lucrative as Possible.
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Current process
The current process is just through an individual agents trial and error for what works for them until they develop a soft script for calling and an individual way of answering their most common objections.
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Flaw in current process
Not knowing exactly what to say during one of these calls makes for a huge margin of error and a big loss of potential sales that had the agent said something different the call could have resulted in a sale or at least a follow up instead of a not interested.
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Impact
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Attempts at solving
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Ideal solution
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Value reasoning
It would make my job a 1000x easier and the job of many other agents way easier. The idea is to make the painful, grueling job of cold calling as efficient as possible. If an agent is going to subject themselves to the brutality of cold calling, it's important to fine tune that task to the best of their ability to make the task as lucrative as Possible.
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Challenge: Obtaining high-quality, relevant data from thousands of calls can be challenging due to privacy regulations and the variability in call quality.
Challenge: The market for sales tools and scripts is crowded, making it difficult to differentiate your product.
Challenge: Developing a sophisticated tool that analyzes calls and generates scripts requires significant technical expertise and resources.
Challenge: Convincing insurance agents to adopt a new tool can be difficult, especially if they are accustomed to traditional methods.