Tuesday, January 22, 2013

THE LUCKY COINS!

If you want to be successful in this business, you have to be unique." 


B. J. Harris, my first manager in the life insurance business, gave me some good advice I still use today: "Learn to use the One Card System; look at the sales systems of two brothers in Dallas, named Jack and Garry Kinder; and finally, "To be successful in this business you must be unique. People buy what is unique, not what is the same."
Good advice for a new agent. I used the One Card System, learned from Jack and Garry Kinder and found a way to be unique.
The Coins - My grandfather always carried a U.S. silver dollar dated the year of his birth, which he referred to as his "good luck coin." Most other change went into a large jar full of coins. The good luck coin went into his pocket.
In my effort to become a successful life insurance agent, I looked for a way to market my practice and myself. Why not give everyone a good luck coin as a way to uniquely remind people that I was in the life insurance business, giving people dollars when they needed them? I started giving an Eisenhower silver dollar along with my business card. This soon gave way to the Susan B. Anthony dollar. I placed my "Good Luck Anthony Dollar" in a small plastic case with my business card. In 2000, the "gold coin" (the Sacagawea dollar) appeared and has become one of the favorites I use.
How Used - I started using the lucky coins with my business cards when I would prospect. At a social function I might run into someone who would ask what I did for a living. My commercial was "I help people like you accumulate wealth and reduce taxes." Usually the next question was, "How do you do that?" I responded with, "If you will me give the courtesy of 15 minutes of your time I will share that with you. Let me give you one of my business cards. I am also going to give you a 'Good Luck Coin.' You cannot spend it; you must carry it for good luck only." Very seldom would someone not take the time to give me an appointment.
As a sales manager, I continued to use the "lucky coin/business card" the same way. Instead of marketing to personal prospects, I started looking for potential agents. It worked the same.
Current Use - As a consultant, I market the "lucky coins/business cards" to the people I train. I give them away all over the world telling them the same thing: "You can't spend it; you must keep it for good luck." Most people keep the lucky coin and business card in the small plastic envelope.
I also give them to others who help me in my travels. On my first stay at the Intercontinental Hotel in Singapore the bellman was very helpful, so I gave him a lucky coin and said, "Thank you." Recently, I returned to that hotel. When I walked in the bellman reached into his pocket and pulled out the lucky coin. "Mr. Moore, I still have your lucky coin."
The lucky coin has worked for me - it's all about marketing!