Your Local Neighborhood MARKET-ing
Your Local Neighborhood MARKET-ing
So many times you have heard me mention in this column, or in a conversation that we may have had, about how important it is to obviously market both yourself and your business products through community involvement. You have also heard me say many times how important both face to face (hey, just like this column!) and internet marketing are both equally important modules in your business advertising plan. So what do you think will happen if you can combine both of these proven strategies into one comprehensive marketing design?
The following is a piece written by WA based Independent Agent Claudia McClain. In it, Claudia discusses her agencys use of blending technology and marketing to win locally – with both consumers and her customers. Claudia discusses her strategies around community involvement, and how this integrates with automating her agencys online and social presence with their management system. Claudias agency leverages industry resources, and also consistently uses process review to proactively implement lessons learned. The McClain Insurance Services agencys results for retention rate, Net Promoter Score, and community involvement are a great example of what can be gained from direct writers by effective local action (or potentially lost by inaction). Thank you to newly appointed Executive Director for ACT (Agents Council for Technology) Rob Berg, I am pleased to bring this article to you.
Using Technology to Drive a Community-Based Marketing Strategy
Its a great time be an independent insurance agent. Technology lets us reach, engage and retain customers in ways we couldnt have imagined even a dozen years ago. Its also a great time to live in the Seattle area. Last month, our Seahawks capped a stellar season by winning the Super Bowl.
Recently, we were able to combine these two greats our industry role and our local NFL franchises accomplishment to engage the community and bolster our visibility. Heres how: Several days after the Seahawks won the NFC championship, I was contacted by PEMCO, a Seattle-based mutual insurer that helped me get my start in the business. Our agency was chosen to host what PEMCO was calling its 12th Fan banner signing.
PEMCO has promoted the 12th Fan its take on the term, 12th man, which refers to fans that support the 11 players on the field throughout the season. It was leveraging that promotion by creating a 100-by-40-foot banner. Fans were invited to sign the banner, which would fly over North Jerseys MetLife Field during Super Bowl weekend.
With less than four days to promote the event, our six-person agency went into high gear. We issued a press release that was picked up by our newspaper, two radio stations and a local blogger. We tapped social media to promote the event with photos and video. We created a Facebook event, invited fans to attend, and paid to promote the event, boosting our reach to nearly 20,000 Facebook users.
We built a website landing page for the event and placed a button on the home page pointing to it. We created and distributed to local businesses 2,000 postcards they could share with employees and customers, and repurposed postcard artwork to build an online ad for a local independent blog.
We reached nearly 1,900 clients with an email that pointed them to our website and a football-themed customer survey. The email enjoyed a 44.6% open rate. We picked up 20 great testimonials through the survey. And we earned an average grade of 4.95 out of five and a Net Promoter score of 95%, which means that more than 9 out of 10 clients are loyal enthusiasts who will keep buying and will refer others.
We programmed the video sign in front of our office to announce the evening event and rented portable lighting to illuminate our parking lot. We ordered pizza, salad and Skittles the favorite candy of Seahawks running back Marshawn Lynch to feed McClain team members working the event.
During the event, we gathered 1,632 banner signatures including the 12,000th one. We took lots of photos, which weve shared with local media and posted on our site and social platforms. We raffled off a signed Seahawks jersey.
We generated buzz that continues to this day. And then our entire team went home and crashed.
As frantic and hectic as things were, we could pull this off very quickly because of what weve learned through ACT and some wonderful friends and partners in the business and what we already had in place to engage prospects and clients.
Industry Resources
Some years ago, I was blessed to meet ACTs Jeff Yates when I served on Progressives National Agency Council. Staying in touch with Jeff led to opportunities to help on various ACT projects addressing agencies of the future, the social web, business intelligence and, our latest endeavor, the customer experience.
The white papers and articles these and other work groups generated have been especially useful to our agency. Frankly, I wish more agents knew of and used them. Its a living research center for things we encounter every day in our agencies.
The exposure through ACT to future-facing visionaries fellowagents, associations, consultants, carriers execs and vendors has helped us immensely as we bolster our technology and marketing capacity. These individuals focus not just on what were doing today, but what we must do tomorrow. Being surrounded by innovative thinkers like that people I would not have met otherwise gets my imagination going faster and more deliberately.
Particularly valuable are ACT discussions and resources on todays and tomorrows insurance buyer. When we talk about how the new consumers will want to do business, my attention piques. As agents, we must stop doing transactional things consumers can do themselves. We must focus on building stronger relationships. Good technology frees up time to do this.
I get especially inspired at ACT meetings by some younger agents in the group and by vendors who are helping to make us more accessible to clients. I just wish more agents were listening to the conversation.
Community-Based Approach
The conversation has helped us grow organically. Today, we enjoy a 95-96% retention rate. By sustaining strong client relationships, we can grow much more effectively. Many agents say their biggest source of growth is referrals, but do they know why they are getting them? Do they have a strategy for increasing referrals beyond what just might normally trickle in? For me, community involvement and customer engagement are foundations of our growth strategy.
I frequently ask my team, What must we do to be worthy of referrals? There has to be a reason clients feel so bonded with our agency that they want their close friends and relatives to do business with us, too. To be worthy of referrals, we need to continue to find ways to give back to the community. We need to show a concern for things outside of insurance things more important to our clients than insurance.
Community involvement has been part of our agencys existence for some time. Years ago, we got involved with our local police departments National Night Out activities. We evolved from that into sponsoring our parks departments outdoor movie series. Before long, we were hosting our own events, including an e-cycle day held just after Christmas when folks come to our parking lot and safely dispose of televisions, computers and other electronics.
As an agency, we aim to do a community event every six weeks or so, but because weve done many of them before, its not that difficult to manage. When agents say they couldnt maintain such a schedule, I suggest they start small. Master one event, learn what it entails, and then add a new event down the road. Thats how our community activities evolved. For example, each Flag Day, we do an American Flag exchange. I pull out last years press release, email, newsletter article and video sign, update them to promote it, and people show up.
Automating Activity
Several years ago, we began to capitalize on technology to expand our reach, promote events and build stronger relationships in the community. Of course, we had been using our agency management system to handle policy- and account-based relationships for years, and this still is the centerpiece of our business.
In the mid-2000s, we ventured online to better reach an increasingly digital insurance-buying public. We brought on a high school student, who stayed on after graduation and through college, to launch our social media presence. We partnered with a digital marketing company that designed a new site and provided a marketing engine that operates behind the scenes. Now, when people click to get a quote, their information is sent to us by email, and they are subscribed to various marketing sequences we designate in that engine.
Our agency management system talks to the marketing engine several times a day. This conversation eliminates rekeying. If someone requests an auto quote, theyre in our marketing engine database as a prospect. If they dont convert right away, they become a warm lead.
If we write them, they become active in the agency management system, and the marketing engine realizes theyre no longer a prospect. Once they sign on, we trigger a welcome sequence that begins with a video from me and involves a series of communications over the course of the year. Its all done seamlessly.
We rely heavily on social media and digital community engagement to drive website traffic. I have a part-time person, Nathalie, who has worked with me since 2006. Between the two of us, we pretty much handle all of the online and other marketing. She works on everything from social media and newsletters to graphic design and programming our electronic sign.
Everyone else is encouraged to participate in social media, too. Often, employees or their spouses share items we can promote or take part in. And whenever we come up with a hair brained idea like, Wouldnt it be fun if we got a 12th man flag signed? or We need help with a shredding event, they give their time willingly. Weve got a great team.
Lessons Learned
Part of the reason we could pull off the 12th Fan event so well was experience gained and processes in place from earlier initiatives. We had done press releases for other events, so we had that down. We are active in social media, of course, so that was a natural. Our experience with landing pages and relationships with a printer and local media let us turn on all the faucets and get the word out quickly. We have a marketing calendar for the year, which we post in our break room, that helps keep us all of us in the know and on track. Technology, of course, helps manage it all.
Use of the various platforms and tools helped us reinvent the agency. They give us a forward motion and a clear view of where we need to go. Knowing that automation delivers a thought-through outcome that will happen every time a situation occurs is very freeing. It has definitely made our agency life and marketing a lot better.
It also has made customer and community lives better. Today, there are so many ways we can communicate with customers and prospect questions. Our speed of response is up; we can connect pretty much 24/7. Technology helps us communicate our agency brand and be raving fans of our community. We even leverage the tools to help local nonprofits. Meeting the Challenge
The biggest difficulty weve faced in our journey is sorting through which tools may not deliver as much value. Its the typical agent bandwidth issue. Do we do as good a job on some platforms as others? Probably not. But as a personal lines agency, we focus on those we should and try to make the best possible use of them.
When fellow agents say they could never manage such an active campaign, I say, First, get over the idea you dont need to do it. Consumers expect us to be in these places. If you dont have the energy or bandwidth, bring somebody in who understands the platforms and emerging technologies and can manage them.
There are a lot more vendors now than before that can make life so simple. For example, we just launched a new iPhone app with a vendor I met at the ACT / AUGIE /AIMS Society meetings a few weeks ago. Our earlier app took us an amazing amount of time to get developed, approved and implemented. The new app has much more functionality and was launched in a matter of minutes.
My closing advice is simple: Its easy and affordable to be in the game. Follow the trade magazines and blogs and get involved with groups like ACT; thats where we get some of our best ideas. If youre feeling overwhelmed, choose something, master it, and go on to the next thing. And I think youll agree its a great time to be an independent agent, wherever you are.
Thank you, Ron, for allowing me to share this, and congratulations on your new position! If any of you would like to talk about ways that you can combine technology and community involvement to help increase revenue within your business, please give me a call or drop me a note, as it would certainly be my pleasure to discuss this with you.
Speaking of local community involvement, PIA of NY recently held its annual Regional Awareness Program, at Crest Hollow Country Club on Long Island.
Our Keynote Speaker, Mr. Islander himself, Bobby Nystrom, shared with RAP attendees some of the wisdom that he learned from the example set by his former coach, Al Arbour, whom Nystrom called the best motivator that I ever met. Bob spoke of how Good is the enemy of great. and that most people give up once they reach good. Its few that push past good to become great.
Also during the luncheon, I had the pleasure of presenting awards to John Farese of Travelers for the Industry Professional of the Year; and to Bob Birner of Morstan General Agency for the Distinguished Service Award. Michael Cracco of Completely Covered Insurance, presented Nassau Legislator Michael Venditto with the Community Service Award.
As far as continuing education was concerned, this too was of championship caliber. In the morning, Cathy Trischan, CPCU, CIC, CRM, AU, ARM, AAI, CRIS, MLIS, led Certificates of InsuranceNY Construction Changes. Attendees learned about the New York Construction Certificate of Liability Insurance Addendum, and discussed both the mechanics of completing the form and coverage issues.
In the afternoon, Ms. Trischan returned to lead another course, Ethical Issues in E&O. The class addressed the very delicate relationship between ethics and the choices insurance professionals make to protect their agencies against errors-and-omissions claims. Ms. Trischan specifically looked at the ethical responsibilities of insurance producers and the different approaches to decision-making, in a variety of situations.
As PIA RAP Committee Chair, I was honored to work on the committee alongside such talented folks in the insurance industry (and dear friends of mine) like:
Keith Arnold, Mercury Insurance Group
Robert Boyle, CPCU, Lancer Insurance Co.
Dina Bruno, MetLife Auto & Home
Jennifer DeCristofaro, Lancer Insurance Co.
Donna Doyle, Narragansett Bay Insurance Co.
Linda Fazzio, Interboro Insurance Group
David Lande, JD, CIC, Total Management Corp.
Jeff Leibowitz, Atlantic Agency
Frank Malpigli, Malpigli & Associates Insurance Agency
Michael Plafker, CPIA, Member Brokerage Service LLC
Peter N. Resnick, Interboro Insurance Group
Robert Shapiro, Global Facilities Inc.
Steven Sternberg, BankDirect Capital Finance
Thank you for all of your hard work, as this years event may prove to be one of the finest that we have ever produced!
Well, thats whats happening around town, and until next time, Ciao for now!