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21 Nov 2009

PrePaid Legal Inc – A Review Of The Opportunity

There have been so many instances when we have needed expert legal opinion.We’ve been cheated by bogus holiday rentals, taken for a ride by false salesmen or duped by real estate agents who’ve fed you with a heap of lies. 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.

The PrePaid Legal Service

For a fixed monthly fee of $17, members get access to legal services for research and documentation work, wills, lawyer consultation and assistance in traffic issues. Divorce, bankruptcy and criminal charges are not included in the services provided; but as a member, you could get a discount of up to 25% for such cases. The Firm also offers an identity theft monitoring and restoration service.
The PrePaid Legal Services Associate Program

The fee for joining the business opportunity is $49. Commissions range between $69 and $250. Good performers also get perquisites when they achieve targets. Associates get paid as soon as their referral’s membership form is logged in, so you wouldn’t have to wait for your 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. These are the problems you may face:

- Since legal expenses occur rarely, people don’t find the need to subscribe to a paid service that would save them from such infrequent spending.
- The company follows a traditional network marketing setup wherein associates are trained to invite people they know to “parties”. Most customers are fed up with such strategies; this technique is not likely to bring in much business.
- Customers cannot be won over by trying to coax them to subscribe to your product. Pestering them will not help your cause nor get you referrals.

Winning Pre Paid Legal Strategies

In an MLM setup, your income depends on your promotion techniques. This field has seen extremes in success as well as failure. Interactive marketing of your business through the internet is sure to fetch you good results. Find out tips and tricks of virtual marketing and you’ll be surprised to see the results in your business.

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Tags: PrePaid Legal

This entry was posted on Saturday, November 21st, 2009 at 1:06 pm and is filed under Network Marketing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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