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Why buy aged Medicare leads in a saturated market.

10/12/2023

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The Challenge of Investing in Expensive Medicare Leads in an Oversaturated Market
In today's fast-paced digital age, consumers are inundated with advertisements from every corner. The Medicare market is no exception. With the barrage of Medicare ads and relentless phone calls, the modern Medicare beneficiary is often left overwhelmed and, in some cases, frustrated. Against this backdrop, is it truly worthwhile for Medicare agents to invest in costly, fresh leads? Here, we explore the value proposition of fully compliant aged Medicare leads over their more expensive counterparts.
1. Oversaturation Leads to Diminishing ReturnsWith the sheer volume of Medicare advertisements across various platforms, from TV to online pop-ups, it's becoming increasingly difficult for agents to stand out. Investing in expensive new leads might not yield the expected results when those very leads are already overwhelmed by competing messages.
2. Building Trust Takes TimeEven with a fresh lead, establishing trust and rapport isn't an instant process. It takes time to build that connection. On the other hand, aged Medicare leads, having been initially exposed to the Medicare landscape and having had some time to process, can be more receptive to a renewed conversation. They might be in a better position to evaluate the offerings and make informed decisions.
3. Aged Leads: A Value PropositionFully compliant aged Medicare leads offer a more cost-effective alternative. Given the oversaturation of the market, many of these leads might have been initially overwhelmed but could now be more open to exploring Medicare options. By revisiting aged leads, agents can tap into a market that's already expressed interest but hasn't been converted yet.
4. Compliance is KeyThe emphasis on "fully compliant" cannot be overstated. Regardless of whether leads are fresh or aged, compliance ensures that the potential beneficiaries' rights and preferences are respected. Aged leads that adhere to compliance standards safeguard agents from potential legal pitfalls while ensuring ethical outreach.
5. Cultivating Patience and PersistenceIn an industry where instant results are often sought after, there's a case to be made for patience and persistence. Aged Medicare leads represent potential beneficiaries who might have needed time to weigh their options, do their research, or overcome initial hesitations. Approaching them with patience and a fresh perspective can yield surprisingly positive results.
In ConclusionIn an era where every other commercial seems to be a Medicare ad and beneficiaries are swamped with information, Medicare agents are faced with a significant challenge. Investing heavily in expensive leads may not always deliver the anticipated ROI, especially when the market is this saturated. By pivoting towards fully compliant aged Medicare leads, agents can engage a more receptive audience, optimize their outreach budget, and, in many cases, achieve better conversion rates. It's a strategy that combines fiscal prudence with effective outreach, making it a compelling option in today's Medicare marketplace.
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    Patrick Kilhoffer has helped companies grow really fast, while making a profit.  In one case from $200,000 to $20 million in sales in just two years.

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