Pre Paid Services Inc – A Legitimate Business Opportunity Or Another Pyramid?
PrePaid legal services Inc is an MLM undertaking that provides specific legal services to customers for a subscription fee. This article aims to explore the income opportunity offered by the MLM and see how profitable it is.
Product
Why does anyone need legal insurance? The same reason why you’d need health or life insurance! There may be situations when we find ourselves in urgent need of a lawyer. Legal insurance is a means to minimize your legal expenses. As a member, you get free legal help for drawing wills, research work, real estate assistance, traffic issues and small trial work. This service doesn’t include major legal matters such as divorce, child custody and criminal cases; however, you could get up to 25% discount on such cases.
The Pre Paid Legal Background Story
The founder of Prepaid Legal, Harland C Stonecipher felt the need for such a service when he had to pay a huge compensation for a motor accident. He felt the need for an insurance that would mitigate unexpected legal expenses as well as keep them in touch experts in law to get their queries answered. The business was started as a network marketing company to spread the word through independent associates who could explain details to customers in person. Now, Prepaid legal is established in 50 states and in Canada. In addition to legal insurance, the company also offers a monitoring system to prevent identity theft.
Is PrePaid Legal Services A Legitimate Businss?
After a series of lawsuits against the company, many people started proclaiming this business to be a scam. However, this company’s definitely not fraudulent. With over 30 years of experience and the backing of shareholders, PrePaid Legal is a strong and legitimate establishment.
Old affiliates who couldn’t make money turned bitter and started complaining about the company and the MLM hierarchy. However, there are people who’ve made lots of money in this business. You earnings depend on how you market the service.
Why Should You Join PrePaid Legal Business?
- Legal insurance is relatively new as compared to other kinds of insurance. This should make it easier for you to sell the product.
- The compensation structure and bonus schemes are attractive. There’s good prospect to grow in this business. Commissions are given as soon as the order is handed in.
- This is a service that will be helpful for everyone. There should be many takers for this service if marketed the right way.
Challenges In selling
There are no prospects to earn in this business by just following established techniques of traditional network marketing firms mechanically. To be frank, that could even land you in trouble. Most scam companies follow the same techniques of hosting parties, making irrefutable offers and calling people consistently till they relent.
Promoting Your PrePaid Legal Business
Find a way to promote this service well and you’ll be astounded at the rate of business that comes in. Your target market needn’t be just people you know; get a bigger market through the world wide world on the internet. The internet offers a host of avenues such as social networks and articles where you could promote your business effectively.
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Filed under: Network Marketing
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