Posts Tagged pre paid legal inc

Pre Paid Legal – A Legitimate Network Marketing Opportunity Or Another Scam?

PrePaid Legal Services Review

PrePaid legal services Inc is a network marketing company that offers certain legal services to customers for a subscription fee. In this article, let’s see the business aspect of this MLM Company and check out the potential to earn as PrePaid legal associate.

The Service

Legal insurance is as important as medical 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. Membership to this service entitles you to the services of a lawyer for matters such as wills and other legal documentation, settlement of legal issues and minor trial work. Issues such as divorce, drugs related cases and major criminal problems are not covered, but members can use the services of a lawyer for such issues at a discounted rate.

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 launched this company as an MLM venture to offer members legal help for a fixed monthly rate as well access to lawyers whenever they required. 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. This company has been around for more than thirty years and is listed in the New York Stock Exchanges. This firm is definitely legitimate. It’s easy for MLM companies to gain a bad reputation because there are so many bogus enterprises that take advantage of network marketing techniques.

Complaints against PrePaid Legal are mostly from ex-distributors who joined hoping to earn six-figure incomes magically. To them, the grapes were sour; they were not able to generate income beyond a level and they put the blame on the pyramid structure.  

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.
-    This is an MLM that pays well. Payment’s made as soon as forms are submitted.
-    The market for this service is receptive because of its usefulness.


Distributor Problems

This is not the kind of business that could be sold to customers by strictly following procedures of a typical MLM firm. In fact, using techniques such as inviting people to demo parties, tempting them with gifts and offers and persuading them to buy your service would make your business seem more like a scam because most fraudulent dealers use the same modus operandi.


Promoting Your PrePaid Legal Business

This is a business that could generate really good levels of income if marketed properly. 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.

  • Share/Bookmark

Tags: , , , , , , , , ,

Pre-Paid Legal Services – A Review Of The Network Marketing Opportunity

PrePaid Legal Services

We can never predict when we’ll need legal help. There have been so many times when we’ve been cheated by cons and needed the advice of lawyers. 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 need for PrePaid legal services was identified by its founder Harland C Stonecipher in 1969 when he had to pay heavy compensation for a motor accident. He started the company and it was established as a network marketing firm in Ada, Oklahama. Soon the business expanded to reach fifty states in the US and Canada. There were also bad times when the firm ran into legal problems with affiliates and customers.

The Pre Paid Legal Service

If you are a member with Prepaid Legal Services Inc, you could use legal services of expert attorneys for documentations and research work, wills, assistance in traffic violation issues, insurance claims, general minor attorney services and legal help in auto theft cases. Though major criminal cases, divorce and child custody are not covered for, members could get a good discount for consultations on such issues. The Firm also offers an identity theft monitoring and restoration service.

The PrePaid Legal Services Associate Program

Become an associate by paying the startup fee of $49. Earn between $69 and $250 for each order you bring in. 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.

Problems faced by reps

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.
-    As an associate, you are encouraged to contact people you know and call them to hotel parties to make them join the program. Your demo parties may be very motivating; but frankly, parties to most people mean something else. Not a marketing program that’s going to coax them into buying membership for plans they’re not sure about.
-    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 PrePaid Legal Services Strategies

In an MLM setup, your income depends on your promotion techniques. In the network marketing field, people are either completely frustrated or brilliantly successful. Interactive marketing of your business through the internet is sure to fetch you good results. You just need to know the right knacks to promote your services and get people to contact you.

Related Posts with Thumbnails
  • Share/Bookmark

Tags: , , , , , , , , ,