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SOCIAL MEDIA FOR THE INSURANCE
AGENT
A COMMUNICATIONS OPPORTUNITY
 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
WHY USE SOCIAL MEDIA?
 More messages in more places
 Attract rather than detract
 Build communities not databases
 Communicate “with” instead of “at”
 Economy of a million niche markets
WHY USE SOCIAL MEDIA
 Google loves social media
 24/7 access
 Connect directly with decision makers
 Build frequency more efficiently and
dynamically
BUT HOW CAN I USE IT?
 Be interesting
 Build awareness
 Generate relationships
 Show passion
 Demonstrate honesty
 Create discussions
 Listen, listen, listen
MAIN CONTENT TYPES
 Social networking (Facebook)
 Blogs (Wordpress)
 Microblogs (Twitter)
 Reference tools (Wikipedia)
 Peer to Peer Sharing (YouTube)
 Research (Google Alerts)
 Peer to Peer Reviews (Yelp)
WHAT DO YOU USE IT FOR?
 Recruiting
 Branding
 Call to action
 Market research
 Entertainment
 Networking
PEOPLE
 Who is your audience?
 What do they like and dislike?
 What motivates them?
 What do they talk about? Obsess over?
 What are their demographics?
OBJECTIVE
 Who are the stake holders?
 What is the end goal?
 What will your audience do if you’re
successful?
 Will your organization be more valuable
for having started the campaign?
 HAVE A PLAN
STRATEGY
 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?
TECHNOLOGY
 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?
ROI
Not everything that
can be counted
counts, and not
everything that
counts can be
counted.
- Albert Einstein
ROI
 Measure Awareness (Web Traffic)
 Measure Acquisition (Conversion rates)
 Measure Retention (Reputation
management)
 Qualities (Trust, Influence, Coolness
factor)
TIPS
 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
TIPS
 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”
WHO IS USING SOCIAL MEDIA?AllstateBlog
forums.allstate.com
WHO IS USING SOCIAL MEDIA?
WHO IS USING SOCIAL MEDIA?LifeHappensYouTube
youtube.com
WHO IS USING SOCIAL MEDIA?
WHO IS USING SOCIAL MEDIA?StateFarmAgents
linkedin.com
WHAT ARE THEY DOING?
 Toe dipping
 Educational content
 Video, links
 Staying top of mind
 Branding as the experts
 Developing relationships
 Retweeting, replying, interacting
BEST TACTICS
 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
BEST TACTICS
 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, trolling, you can get
“blackballed”
MEASURING EFFECTIVENESS
 Number of new relationships
 Traffic to website
 Increased revenue
 Decreased expenses
 Conversion rates
TIPS
 Focus on consultative selling
 Be educational!!!
 Watch what you say!!! You can get
blackballed
 Walk before running!!!
 Prove communicate enhance repeat
NEXT ACTIONS
 Develop content and distribute
 Teach three agents to be experts
 Evaluate, find successes, repeat
NEED HELP
KSWZ Insurance Services
Five Rings Financial
Katherine Wichmann Zacharias
I can refer you to social media experts if
needed
619.208.7717
thewic@sbcglobal.net

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Social media and insurance

  • 1. SOCIAL MEDIA FOR THE INSURANCE AGENT
  • 2. A COMMUNICATIONS OPPORTUNITY  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
  • 3. WHY USE SOCIAL MEDIA?  More messages in more places  Attract rather than detract  Build communities not databases  Communicate “with” instead of “at”  Economy of a million niche markets
  • 4. WHY USE SOCIAL MEDIA  Google loves social media  24/7 access  Connect directly with decision makers  Build frequency more efficiently and dynamically
  • 5. BUT HOW CAN I USE IT?  Be interesting  Build awareness  Generate relationships  Show passion  Demonstrate honesty  Create discussions  Listen, listen, listen
  • 6. MAIN CONTENT TYPES  Social networking (Facebook)  Blogs (Wordpress)  Microblogs (Twitter)  Reference tools (Wikipedia)  Peer to Peer Sharing (YouTube)  Research (Google Alerts)  Peer to Peer Reviews (Yelp)
  • 7. WHAT DO YOU USE IT FOR?  Recruiting  Branding  Call to action  Market research  Entertainment  Networking
  • 8. PEOPLE  Who is your audience?  What do they like and dislike?  What motivates them?  What do they talk about? Obsess over?  What are their demographics?
  • 9. OBJECTIVE  Who are the stake holders?  What is the end goal?  What will your audience do if you’re successful?  Will your organization be more valuable for having started the campaign?  HAVE A PLAN
  • 10. STRATEGY  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?
  • 11. TECHNOLOGY  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?
  • 12. ROI Not everything that can be counted counts, and not everything that counts can be counted. - Albert Einstein
  • 13. ROI  Measure Awareness (Web Traffic)  Measure Acquisition (Conversion rates)  Measure Retention (Reputation management)  Qualities (Trust, Influence, Coolness factor)
  • 14. TIPS  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
  • 15. TIPS  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”
  • 16. WHO IS USING SOCIAL MEDIA?AllstateBlog forums.allstate.com
  • 17. WHO IS USING SOCIAL MEDIA?
  • 18. WHO IS USING SOCIAL MEDIA?LifeHappensYouTube youtube.com
  • 19. WHO IS USING SOCIAL MEDIA?
  • 20. WHO IS USING SOCIAL MEDIA?StateFarmAgents linkedin.com
  • 21. WHAT ARE THEY DOING?  Toe dipping  Educational content  Video, links  Staying top of mind  Branding as the experts  Developing relationships  Retweeting, replying, interacting
  • 22. BEST TACTICS  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
  • 23. BEST TACTICS  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, trolling, you can get “blackballed”
  • 24. MEASURING EFFECTIVENESS  Number of new relationships  Traffic to website  Increased revenue  Decreased expenses  Conversion rates
  • 25. TIPS  Focus on consultative selling  Be educational!!!  Watch what you say!!! You can get blackballed  Walk before running!!!  Prove communicate enhance repeat
  • 26. NEXT ACTIONS  Develop content and distribute  Teach three agents to be experts  Evaluate, find successes, repeat
  • 27. NEED HELP KSWZ Insurance Services Five Rings Financial Katherine Wichmann Zacharias I can refer you to social media experts if needed 619.208.7717 thewic@sbcglobal.net