Elmer Fudd always said: “Shhh. Be vewy vewy quiet, I'm hunting wabbits.”

It's actually a genius sales technique. But it's also subtle.

We all want to be the big game hunter in the office. The numbers are large and the commissions are larger. So why does it make more sense to hunt rabbits instead of elephants?

1. Easier access to the decision maker. If you walk into Earl's Bait Shop, guess who makes decisions about benefits? And guess who is likely behind the counter? And guess how long it takes him to say yes? Try walking into the Google HQ, ask for “whomever is in charge of benefits,” and see what happens.

2. You get paid faster. Enrolling Earl's Bait Shop will definitely be easier than enrolling Google. In fact, I've been to Earl's, got the OK and was enrolling 5 minutes later. Google will take months to coordinate and more months to enroll. You'll also split a LOT of commissions because you don't write those big groups by yourself.

3. If you lose a wabbit, it doesn't ruin your day. If Earl's payroll lady, Ms. Edna, get upset and cancels, you lose three policyholders. If the Google lady gets mad, you're selling your beach house and sending the kids to public school.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.