social media for insurance

30
Following customers into social media

Post on 17-Oct-2014

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Here is a look at the basics of social media and how insurance agents may be able to use different tools to grow relationships.

TRANSCRIPT

Page 1: Social Media for Insurance

Following customers into social media

Page 2: Social Media for Insurance

Communication has been democratized

The Lifestream Age Consumer generated content Age of the digital camera Wifi & broadband

Facebook – Doubled since 9/08 Twitter – Doubled since 3/09

Page 3: Social Media for Insurance

More messages in more places Attract rather than detract Build communities not databases Communicate “with” instead of

“at” Economy of a million niche markets

Page 4: Social Media for Insurance

Google loves social media 24/7 access Connect directly with decision

makers Build frequency more efficiently

and dynamically

Page 5: Social Media for Insurance

Be interesting Build awareness Generate relationships Show passion Demonstrate honesty Create discussions Listen, listen, listen

Page 6: Social Media for Insurance

Social networking (Facebook) Blogs (Wordpress) Microblogs (Twitter) Reference tools (Wikipedia) Peer to Peer Sharing (YouTube) Research (Google Alerts) Peer to Peer Reviews (Yelp)

Page 7: Social Media for Insurance

Recruiting Branding Call to action Market research Entertainment Networking

Page 8: Social Media for Insurance

P.O.S.T. Method People Objective Strategy Technology

Page 9: Social Media for Insurance

Who is your audience? What do they like and dislike? What motivates them? What do they talk about? Obsess

over? What are their demographics?

Page 10: Social Media for Insurance

Who are the stake holders? What is the end goal? What will your audience do if

you’re successful? Will you organization be more

valuable for having started the campaign?

Which verbs are important?

Page 11: Social Media for Insurance

Which analytics and data will show you reached your objective?

What resources (time, labor, financial) are available?

Who will have ownership? What are competitors doing?

Page 12: Social Media for Insurance

Which technologies are important? Video, picture, audio sharing Per-to-peer networks vs. Blogging When and how will content be

generated? Who is the caretaker and

observer?

Page 13: Social Media for Insurance

Not everything that can be counted counts, and not everything that counts can be counted. - Albert Einstein

Page 14: Social Media for Insurance

Measure Awareness (Web Traffic) Measure Acquisition (Conversion

rates) Measure Retention (Reputation

management) Qualities (Trust, Influence,

Coolness factor)

Page 15: Social Media for Insurance

Have a personality, a perspective and passion

Define your audience Listen more than you talk Have a plan and keep the end in

mind Make a schedule and budget time

Page 16: Social Media for Insurance

Engage in conversations by being helpful and by giving more than you take

Consumers will share their opinions whether or not you want to hear them

Concentrate on building word of mouth by delivering interesting and relevant content

Build trust and add value first. “Bring wine to the picnic”

Page 17: Social Media for Insurance
Page 18: Social Media for Insurance

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Page 24: Social Media for Insurance

Toe dipping Educational content

Video, links Staying top of mind Branding as the experts Developing relationships Retweeting, replying, interacting

Page 25: Social Media for Insurance

Focus on relationship building between people

Twitter search conversations Interject value into conversation

Use social media tools to be a catalyst for real, in person interaction

Page 26: Social Media for Insurance

Create an internal platform facilitate sharing of information and creativity

Comment, reply, retweet, forward information that adds real value to people

Don’t be that guy

Page 27: Social Media for Insurance

Number of new relationships Traffic to website Increased revenue Decreased expenses Conversion rates

Page 28: Social Media for Insurance

Focus on consultative selling Be educational Watch what you say Walk before running Prove communicate enhance repeat

Page 29: Social Media for Insurance

Develop content and distribute Teach three agents to be experts Evaluate, find successes, repeat

Page 30: Social Media for Insurance

William Crozer702.339.3002

[email protected]