PrePaid Services – A Legitimate Business Opportunity Or Another Pyramid?
Office Furniture Add commentsPrePaid legal services Inc is a network marketing company that provides specific legal services for a fixed monthly fee to its subscribers. This article aims to explore the income opportunity offered by the MLM and see how profitable it is.
The Service
Why does anyone need legal insurance? The same reason why you’d need health 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. As a member, you get free legal help for drawing wills, research work, real estate assistance, traffic issues and small 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 idea for this venture was born in 1972 when its owner, Harland C Stonecipher got into a legal scuffle and had to cough up huge sums of money. He felt the need for an insurance that would mitigate unexpected legal expenses as well as keep them in touch experts in law to get their queries answered. The business was started as a network marketing company to spread the word through independent associates who could explain details to customers in person. Now, Prepaid legal is established in 50 states and in Canada. Another offering from this company is a monitoring system to protect members from identity theft, a crime that’s on the increase.
Is PrePaid Legal Services A Legitimate Businss?
PrePaid’s image got tarnished when it got into legal problems and dissatisfied customers and affiliates started spreading rumours of scam. However, this company’s definitely not fraudulent. With over 30 years of experience and the backing of shareholders, PrePaid Legal is a strong and legitimate establishment.
Old affiliates who couldn’t make money turned bitter and started complaining about the company and the MLM hierarchy. However, there are people who’ve made lots of money in this business. You earnings depend on how you market the service.
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. With innovative tools such as facebook and article marketing, you’re sure to divert a lot of attention to your business.
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