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Selling an annuity is basically taking a lump sum withdrawal from it. People use it as an investment tool to defer paying taxes on a portion of their money.

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12y ago

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What is selling concept?

selling concept is a traditional concept of marketing. In traditional concept emphasis was on only selling the products.


What is the definition of The selling concept?

selling


What is the difference between the marketing concept and the selling concept?

Marketing concept is just placing the product in the market Selling concept is making the people to but the product


What is the best place to find good advises on selling annuities?

Selling an annuity is, by and large, not a good idea. It is possible to sell one's right to future payments from an annuity in exchange for a cash sum. However, that market has some operators in it that may not give you a very good deal. If one is considering selling one's annuity, paying for advice from an Independent Financial Advisor could be a good investment


How can an unregistered agent sell a 401K group annuity?

Annuities are considered Life Insurance, so if the agent isn't selling a variable annuity, he doesn't have to be securities licensed.


Where can one sell annuity online?

There are a variety of sites that offer to buy the annuity of individuals, but it's advisable to ensure that the seller trusts the source. The best option is to consult an investment manager before selling something as important as your annuity.


Advantages of selling concept?

The selling concept places the entire emphasis on selling the product, so such a focused view will likely sell many products, which is a clear advantage of such a concept.


How do the marketing and societal concept differ from the selling concept?

societal concept deals with what the publics are waiting to get from the company, where as selling concept deals with terms and agreement after pricing.


What are the four marketing concept?

production concept marketing concept selling concept product concept


What does the term 'selling endowment policies' mean?

Selling your endowment policy or endowment surrender essentially involves selling the annuity back to the insurance company for a set value determined by a formula.


Is apple Selling Concept Or Marketing Concept?

No it is a production concept as of October 2011


Selling concept and production concept which concept is the best concept for short-run?

ask your mother?lol