Top 10 marketing ideas for insurance agents

Looking for effective insurance marketing ideas? Of course you are, it's the life blood of your business. As an insurance agent, marketing is one of the most important aspects of building your business. It is the engine that drives your brand, fuels your growth and maintains your company’s reputation.

We’re going to keep it narrow and focus on the activities that we think are the core driving force for growing your business. With this in mind we wanted to create a list of 10 powerful marketing ideas for insurance agents, that have been proven to help grow businesses.

I’m sure we don’t have to talk about how important referrals are. So, let’s talk about how you get referrals. For starters, before you can get referrals you have to first be referable. In order to be referable you have to create a first class customer experience.

So, how do you pick the right referral source? Maybe it’s a client that is very appreciative of the work you do, or maybe a local business with customers in common that could bring referrals your way. Whenever you have someone referring you, make sure they know how to refer you. Don’t leave anything to chance. Give them some content to pass along or send an email detailing how you want your business to be referred. Give multiple points of contact so customers can find you where they like to communicate. Phone, email, text, Facebook, Linked-In, etc. This should all be set in a methodical process that you can repeat easily each time. There are software applications that can really streamline this process. Decide what works best for you, just make sure you take the time to do this right.

Don’t forget about an incentive for your referrals. You want to be referred over and over again, so make it worthwhile to those referring you. A steady stream of referrals is business gold, and will pay off big time. It’s better to put the time into developing a good referral process than it is to spend all your time finding all your customers on your own.

View referral management software solutions

Content Marketing is the process of planning, creating, and sharing content to reach your target audience. Content marketing is extremely important because it answers your customer’s questions and provides information that tells them that you are an authority in your industry. You are also encouraging conversions by giving consumers the information they need to make an educated purchasing decision.

Content can include anything you provide to inform your potential customers. It could be articles and blogs, infographics, videos etc. Ideally you would create all of the above. Content marketing is a long term game. An article that eventually ranks well and delivers leads on a monthly basis is a passive lead machine. Once it’s created you really don’t have to do much else with it, except occasional update or add to it. Of course, sharing periodically on social media is highly recommended.

Once you learn a little bit about keyword research and understand how to find what your customers are looking for, you will be armed with the information to start your content marketing machine and start bringing in that inbound traffic.

Guide: How To Decide What to Write On Your Insurance Blog 

Your content will entice your site visitors to sign up to your blog, download that free pdf full of helpful information or give their information in return for a free consultation. They sign up on a form to receive that content and are now become a potential customer and are trusting you with their contact information.

This is the beginnings of your email list. What you do with that email list next will decide what kind of success you get out of that list. Most people will not make a purchasing decision until interacting with your company several times. In short, you will need to provide value to your potential customers before they are willing to pull the trigger.

When you get good at providing content and services that are relevant to your customer base, your emails will be better received. Learn how to research what your audience is looking for in order to deliver specific content that they actually want. So many people glaze over this part and end up spamming their audience with information they think their audience wants, but in actuality they don’t really care about. When email isn’t working, it’s not necessarily that email itself doesn’t work so much as it is that you are not providing your audience with valuable information they are looking for.

Understanding Content Marketing and how to research what your audience is looking for is key part of the email process. After all, email is just a distribution channel. It's your content that will win them over. Email can be a fickle friend. It will take practice and lot of experimenting with your strategy until you find the tactics that work for you and your audience.

There are a lot of variables involved with crafting a successful email campaign. You have the graphic elements, the copy, call to action, timing and more. Changing one element at a time and studying the results can give you an idea on what works better. That will take patience and a well thought out process.

Remember, you are a guest in your customers email inbox. Treat them with respect and send them content with a sincere intent to help them and provide value. If you approach everything you do with that approach, then you will have a much higher success rate than if you approached them by simply trying to sell to them.

It probably goes without saying that, in order to build a brand and grow your company, you’re business needs to have a social media presence, and therefore a Social Media Strategy.

Seniors (65+) are utilizing social media in growing numbers, and growing your business will be much easier if you can effectively leverage social media to engage your audience. Although seniors don’t use social media as proficiently as younger adults, they are using it more and more every year.

87% of seniors access social media daily. Of those, 93% access Facebook multiple times each day. 25% of seniors use a radio streaming service like Pandora, and more than 25% are also using TV streaming services. Nearly 54% of those surveyed watch online video compared to 65% of the general population, according to a Google and Ipsos study.

These numbers show that seniors are gaining confidence in social media, and marketers looking to reach them should embrace that trend. Facebook is the favored channel for seniors, but you tube is close behind. All of this information is telling us that we need to use multiple channels to capture senior’s attention. Facebook and You Tube are the top choices as of 2020.

If you write a relevant article, record a video or an audio of yourself narrating the article and embed it into that same article. Give options to seniors to interact with your content in the way they find most convenient. Of course, that video would also be uploaded to You Tube and link back to the article, providing breadcrumbs for someone to find more of your information.

Social media channels are just the distribution point for your content. After time, if done properly, your content will be ranked and found via internet searches and on multiple social platforms. Share content regularly with the intent to the provide useful information your audience is looking for. In this way you will be seen as a trusted source for information for years to come.

Guide: Social Media Strategy For Insurance Agents

Getting reviews from your customers stating their positive experience with your business is critical in establishing trust with your potential customers.

The key to a good review is to ask for specific examples to be cited. Reviews aren’t as effective if they are broad. ie. Saying “I liked working with Bills Best Medicare.” Will not have the same impact as “Bill from Bill’s Best Medicare answered all my questions and made it easy to find the Medicare supplements that were best for me.” When it comes to reviews, specific examples are always more powerful.

Social proof can be used in endless ways. Add a quote to an email, to a website page, to a blog, anywhere that you want to build trust. Ask for reviews regularly, and don’t be afraid to ask for specifics.

But what about the dreaded bad review? Most business just won’t display them and this could be a mistake. Everyone realizes it’s only a matter of time until you get  bad review. Not showing anything but 5 start reviews can looks suspect.

If you get a bad review just make sure you respond to it appropriately. Apologize for the customer’s bad experience and review what happened. Let them know you are doing what you can to make sure it doesn’t happen again. You’re speaking as much to everyone who reads the review as you are to the person who left the review, so choose your response carefully.

People want to do business with people they trust and like. That is especially true for seniors. Having evidence supporting the fact that people like and trust you will go a long way towards making the decision to work with you an easier one.

Asking your customers to share their insights and perceptions is the best way to tune in to what your customers think of you. This can be a difficult thing to do. It’s a lot easier to ignore this step and just shoot from the hip.

If you are serious about building a long term business you have to do it. Listening to your customers is the best first step to understanding their needs.

Customers appreciate a request for a survey. Whether they take the time to fill it out or not is a different story. The fact that you put forth the effort to honestly ask your customers to share their experience with your company will go a long way in gaining their respect.

We’ve all had bad experiences dealing with companies in the past. Whether  someone continues to do business with a company after a bad experience is usually decided by how you're treated after the complaint. If they respond with respect, acknowledgement, and take measures to to make it better, then most people would be willing to continue doing business with them.

People understand that you are not perfect. You don’t need to shy away from recognizing your mistakes. Ask for information that can help you course correct and you will gain the respect of your customers. The type of information you can ask for is endless. Think about the most important elements of your process and ask away. Always leave room for comments to let people add their own thoughts. Once you receive the information from several surveys you will start to see how powerful the process can be. You just have to be willing to change when it’s required.

You should also be asking your satisfied customers to review your business on Google. Having good reviews gives you more weight in Googles eyes and will help your local rank.

It is also good business in general, since 97% of consumers say that reviews influence their buying decision. Many companies fail to take these fairly straight forward measures to help google know more about you. Take advantage of that fact by updating your property to the best of your ability.

Google is also taking into account other information it finds about you. Ie. Your website, your blog, articles that may be ranking well, etc. This information tells Google what business you’re in and who your customers are. If Google doesn’t know that much about you, then your potential customers won’t be able to find you.

Networking will never go away. Although, the methods used to network may change. Being face to face with the population you serve is a must. It will not only get you seen and known by the people you meet, and the people they recommend you to, it will give you insight into what they think is important and the questions they have.

You may want to give a talk to a group of seniors at senior community, or offer a webinar online, making use of the email list you’ve generated by writing good content and collecting those leads.

However you do it is your preference, but you cannot easily replace the insight you get by speaking directly with your prospective customers. Just make sure you’re being genuine when you reach out. If you can’t honestly feel like you want to help the people you’re working with, they will sense that.

If they sense you aren’t being genuine, then that is the kiss of death. If you feel like you can’t find that genuine feeling within you, then you’re better off not attending that event, and focus your efforts elsewhere.

Guide: How To Market To Seniors

Whether its an advertisement meant for television, radio, Magazine, Facebook or a direct mail campaign, there is a still a place in your business for paid advertising. While content marketing can take time to get traction and move up the ranks, paid advertising will give you much quicker results, albeit at a price.

Direct response marketing, in particular, has proved to be well received by seniors. Direct response advertising is designed to evoke an on the spot response and encourage a prospective customer to take action on the advertisers offer. It is often helpful to work with someone experienced in this form of advertising, to get the maximum impact. A Direct response campaign can make use of all media and relies heavily on a well thought call to action to motivate the direct interaction.

Remember, your offer must relate to the experiential background of the group your targeting, and not all seniors respond to the same type of offer.

The senior market is composed of many subgroups. They are identifiable by three main groups: Pre-retirees (aged 55-62), active retirees (63-74) and seniors (75+). When designing your offer, keep the sub groups in mind in order to speak more directly to them.  Whichever platform or type of advertising you feel most comfortable with, remember that the senior market is cautious about the buying process. Address their skepticism head on by sharing testimonials and stories of people you've helped. Give them a reason to trust you and believe that you have their best interest in mind.

Use multiple channels to gain the most traction. A direct mail campaign could be closely followed by an email campaign along with advertising showing up in their Facebook news feed. Give them reasons why they should take an action. What benefits will they receive when they click through or sign up? Give them the tangible results up front. Focus on clear and relevant language and keep advertisements short, sweet, and focused on the positive impact your offer can offer them.

Success in business marketing requires consistent effort and the use of proven methods. To effectively adjust your marketing strategies, track your results using tools like Google Analytics, Ubersuggest, Moz, and SEMrush. While some tools are free, others require a subscription. Analyzing your data is essential to understand what works for your audience.