wealthforumtv

very useful

SIR, HIGHER COST MF SOFTWARE AND EVERY YEAR RENEWAL COST IS SAME AS WHAT WE PURCHASE COST OUR INCOME IS LESS THIS MFS IN THIS CONNECTION ONLY WE ARE UNABLE TO BUY IF THE MARKETING PRICE LESS WE WILL BUY DIFFENTLY

Nagaraj ji, The problem is that while selling LIC to the people you have build an image of a Life Insurance Professional and now people don''t want to discuss with you other than LIC. So don''t think they do not want to buy MF. You will have to change your self as financial professional.

Please explain which plans of LIC you have sold them and on what basis/ground? What was your reasoning behind making them buy LIC from you? What is the age group and job level of these 300 policyholders of yours? Then I may be able to share further.

My suggestion is get them to use the digital transaction methods by AMCs such as ICICI, DSP, Reliance, etc. maybe they would be interested. They hate paperwork, so this may be useful.

Selling insurance needs a lots of efforts to convince the client. Once you told him that the product you are selling is best, how would you sell another product? Just inform them that you are also dealing in Mutual Funds & look for new clients. Old LIC clients will also come to you but it will take time....Just be in touch with them all the time...

Solution is to don''t try to convert them . make a new clientele For mf business.remain them with lic otherwise you lost all of them.