Pre-Paid Legal, Helpful or Sophisticated Ponzi Scheme?
How about some bookmark love? ::
It seems that you can't go anywhere here in Laguna Niguel without some Real Estate Agent touting the benefits of Pre-Paid Legal. I don't blame agents for trying to get started into a side business, especially when the market is like the one we're currently seeing.
The question I have, is are consumers served by having a deluge of marketing offering them something that may on the surface seem so practical and useful, but is now so widely available, that it has lost it's brand identity, or has now become diluted?
Let's look at the facts: Prepaid Legal websites may be a good second business for someone who are looking for another stream of income.
By now, so many people have heard of Pre-paid legal, that in Orange County, this is an area that has been over-fished with the idea, and chances are good that you're not the first person to mention it to them.
It seems that you can't go anywhere here in Laguna Niguel without some Real Estate Agent touting the benefits of Pre-Paid Legal. I don't blame agents for trying to get started into a side business, especially when the market is like the one we're currently seeing.
The question I have, is are consumers served by having a deluge of marketing offering them something that may on the surface seem so practical and useful, but is now so widely available, that it has lost it's brand identity, or has now become diluted?
Let's look at the facts: Prepaid Legal websites may be a good second business for someone who are looking for another stream of income.
By now, so many people have heard of Pre-paid legal, that in Orange County, this is an area that has been over-fished with the idea, and chances are good that you're not the first person to mention it to them.
Rory - great observation; I've been inudated with PPL offers for over 10 years; even bought them once and have realized minimal value, but I'm not very litigious.
Great looking blog Amigo!
Posted by
Steven Groves |
9:30 AM
Steven, Thanks for the comment, I suppose that the main reason that people buy the PPL is out of the fear that someone else IS very litigious.
Posted by
Rory |
1:35 PM