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Independents' Mall - Insurance Marketing Blog
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Monday, 13 October 2008 |
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Objectives---what you want to happen This is where your marketing communication plan begins—the fountainhead. Make sure you state what you want your communications to accomplish in a specific time period. Remember, they are not sales objectives. They must be related to what communications can do to SUPPORT your agency’s sales objectives. Make sure each communication objective is specific,quantifiable and measurable. For example: “Increase customer awareness that our agency sells life insurance from 10% to 40% in 12 months beginning January 1, 20XX.” “Obtain a minimum of 100 referral leads from existing customers in a three month period beginning April 1, 20XX.” NEXT ELEMENT: Your Communications Strategies |
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Thursday, 09 October 2008 |
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Your agency plan should have 5 key elements At MullaneyCookson, we encourage clients to develop business processes. A key process involves making sure that your agency is a true sales organization. Successful insurance agency sales organizations support their producers and CSRs with well thought-out and well-executed marketing communications programs. The planning process involves five key elements. (1) Objectives (what you want to happen) (2) Strategies (message and positioning) (3) Tactics (specific actions) (4) Measurement (how you determine success) (5) Budget (your direct costs, ROI) Our next five Independents’ Mall items are devoted to exploring these elements. |
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Tuesday, 07 October 2008 |
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Continuous agency improvement is a worthy practice Quality expert Joseph M. Juran passed away earlier this year. The March 8-9 issue of the Wall Street Journal contained an extensive obit. It pointed to a slogan that Juran liked, “There is always a better way: it should be found.” As the WSJ article illuminated, Juran argued that although producing higher-quality goods might seem costly, it could often pay for itself through fewer repairs and a better reputation in the marketplace. Juran put forth his “80-20” rule for businesses: 80% of complaints about quality result from 20% of causes. He urged managers to concentrate on the “vital few” rather than the “trivial many.” He called it his “Pareto principle.” Along with the lessons offered us by W. Edwards Deming, Joseph M. Juran’s theory of quality-control management, which has become known as the Juran Trilogy----planning, control and improvement---is worth practicing by insurance agencies. The whole idea is to foster an agency culture of continuous improvement. |
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Tuesday, 30 September 2008 |
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Wheel your name around town Here’s an advertising idea that is not new. But seldom practiced by insurance agents. Wrap an agency vehicle with your name, positioning line, address, and auto insurance promotion copy. Your agency car becomes a mobile billboard! Everywhere it goes, you go. Everywhere you park, passerbys will see your name and message. Go online and find a firm that specializes in designing and applying car wraps. You’ll stand out from the thundering herd of agencies in your market area and gain new customers too. |
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Tuesday, 30 September 2008 |
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You don’t have to be sick to get better. ---From Herberg, Adams & Associates capability brochure. Frank J. Herberg, CPCU, AAM is an agency development coach who partners with MullaneyCookson Marketing. You can reach Frank at 508-272-9255. |
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Monday, 22 September 2008 |
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What visitors look for . A little bit about you . Ways to get around your site . How to contact you . Something to buy . Special offers And, importantly, they want confirmation that others like them think your services are the cat’s meow! use your services. Do it with testimonials. Do it with pictures of people in home or business or family settings. Do it by featuring a link to an interesting case history. |
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About This Blog
Shop here for news bites, commentary, criticism, sales ideas…and more. Let us know what you think about what you read and see here. Willing to share? E-mail us sales ideas, employee motivators, customer relations tips that will benefit your peers. Remember, it’s us or the direct writers!
Reflection
"Things may come to those who wait, but only the things left by those who hustle." ---Abraham Lincoln
Contact the Editor
Don Cookson is the proprietor of Independents’ Mall. He needs your help to keep the mall buzzing with activity. E-mail him your comments to articles . Report news about your agency or local insurance organizations. Submit sales and agency management ideas that have worked for you and are willing to share. Above all, keep coming back!
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