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Perk up.
Sales activity increased 38% for 160,000 agents with the right incentives and communication.
Client Objectives
- Maximize the performance and production of over 160,000 independent life insurance agents
- Outshine competitive programs
- Continually stretch agent performance
Strategies
- Reward agents for tiered incremental business production
- Appeal to all agents regardless of previous production
- Offer incentive awards that far exceed traditional selections
- Offer bonus opportunities to motivate agents to achieve higher levels of production
MotivAction Solutions
“Producer Perks” are earned monthly based on Combined Production Credits
Bonus perks are earned for first time sales to draw new agents into the program
Perks are redeemable for merchandise, travel and special shopping benefits via a custom awards catalog which includes the option for participants to book air travel online using Perks
Results
Client has experienced exceptional revenue growth since the inception of the program over 15 years ago
Program data shows a growth of 32 to 38% in agent earning activity (correlating to increased premium production)