Digital Trends Lead Insurance Marketing Change

Digital marketing dominates professional advice for insurance marketers this year, from e-mail to social media to online search. However, whether insurance marketing via digital or traditional channels such as direct mail, there are some general trends affecting success in 2019, per the American Agents Alliance. First comes the continued value of cultivating brand advocates with testimonials, referrals and word of mouth. Quoting Forbes magazine, "the top four most-trusted sources of advertising are people you know, branded sites, editorial sites, and reviews." A myopic focus on impersonal advertising will miss these important lead drivers. The personal touch needs to extend into offering targeted, personalized digital and print content that is useful and engaging, as well as client interaction that is real and humanized, not generic and automated. Insurance agency/broker marketing agencies like EaseCentral and OutboundEngine offer some advice on where to focus digital marketing energies more specifically in 2019. Start by revisiting e-mail strategy. With an average $32 return per $1 spent in 2018, e-mail remains an attractive direct marketing option especially because it also offers opportunities for the forwarding, social sharing, and referral business in line with the general trends noted above. Another tried-and-true digital driver, paid and organic search engine ranking, still matters, but search strategy needs an important tweak this year to cater to growth of voice searches. EaseCentral points out that ComScore forecasts close to 50% of all searches will be made through voice search by 2020. Plus, due to the increasing use of voice searches, Google and other search engines are beginning to factor it into their algorithms. Mobile optimization will play a big role in effective leveraging of voice search since these searches occur mainly on mobile devices. Social platforms offer some unique advantages for insurance marketers looking for a way to humanize and personalize, say with personalized customer service via Facebook and LinkedIn. Opportunities for direct marketing with promoted posts and social ads can use social media platforms' increasing ability to target zip codes, professions and other demographics to hone response. Finally, video is now a proven response driver in digital marketing for almost all industries, with online video projected to account for 80% of all web traffic in 2019 per Cisco research. For more detail, see our website blog post at https://www.acculistusa.com/digital-options-lead-2019-insurance-marketing-trends/

Marketers Embrace 2015 Spending, Including Mail

Direct marketers have finally left behind recession-inspired cautionary spending, with many in a "full-steam growth mode," per Target Marketing magazine's "2015 Media Usage Survey." And the good news for direct mail data professionals like AccuList USA is that direct mail retains a key role in media budgets. Per the survey, about 44% of business-to-business and business-to-consumer marketers reported that their media budgets are staying the same as in 2014, with 32% increasing spending and only 12% planning a budget decrease. Where are they spending? Most respondents (65%) are increasing e-mail spending, and most respondents (61%) plan to increase social media engagement investments in 2015. Search engine marketing (SEM) and optimization (SEO) also both continue as high priorities, especially for acquisition, so that content marketing, video and mobile optimization—each offering strong search benefits—were cited as high priorities, too. However, snail mail is still a critically important channel for most direct marketers. Overall, 30% plan to increase mail budgets and 37% will keep spending the same compared with last year. More than half are still using direct mail for both acquisition and retention. Yes, 11% of respondents reported decreasing direct mail budgets, but, as Target Marketing sums up in its report, that doesn't mean direct mail is withering away but that "newer strategies are factoring into the direct marketing equation, and its share is being spread around to other corners of the media landscape." For more detail, read http://www.targetmarketingmag.com/article/target-marketings-media-usage-survey-2015/

Celebrity Endorsements Don't Win Fans for Brands

Think a famous name touting your product or service will impress customers? Think again. Brand endorsements by celebrities and athletes are trusted less than all other methods of brand promotion, including digital ads, traditional ads and company-sponsored social media, according to a new global study by The Boston Consulting Group. Consumers put the most store in what family and friends say offline about a brand, followed by product reviews, expert opinions, and information from Google and other search engines. One reason trust matters: Brands that show their customers that they can be trusted are able to gather at least five to 10 times more information about customers to fill the Big Data marketing mill. Still, marketers must tread carefully because consumers are choosy about what info they entrust to companies, and financial and health data definitely rank higher on the privacy scale than brand preferences, age and gender. Millennials, despite a social sharing addiction, are about as concerned with data privacy as their elders. As a result, the data practices of financial institutions, social media, search-engine companies, and government arms garner more than twice the consumer concern than do branded manufacturers, airlines, hotels, cable providers or retailers offering loyalty cards. For more, see MediaPost's Marketing Daily story at http://www.mediapost.com/publications/article/212917/endorsements-dont-earn-trust-for-marketers.html

How to Rev Up Your PPC Campaigns

If you're a typical small to mid-sized business, you're likely wasting 25% of your pay-per-click marketing budget, according to a MarketingProfs report on a study by search software provider WordStream. So where's your PPC effort leaking dollars? WordStream graded the PPC activity of 500 small to mid-sized businesses in terms of account activity, ad relevancy, keyword optimization, landing page quality and mobile search to come up with five fixes for more traffic, leads and sales. Some takeaways: 1) Make mobile PPC best practices a top priority and get ahead of the over 80% of AdWords accounts that fail to create mobile-preferred ads; 2) Create market-relevant, call-to-action landing pages with conversation tracking instead of relying on a generic home page or single landing page; 3) Improve text writing and relevancy for better click-through and Google quality scoring, and watch your cost per click drop by as much as 50% and your cost per action by up to 80%; 4) Optimize your keywords with strategies like lower-CPC long-tail keywords, modified broad match keywords, and negative keywords; 5) Increase your commitment to PPC by spending at least 20 minutes a week on optimizing your Adwords account. The gain in 2014 from such fixes? Just looking at markets that AccuList USA frequently serves -- multichannel retail, automotive, computer and electronics, education, B2B and insurance -- the study estimated optimized PPC to annually yield 569 more product sales, 273 more vehicle test drive appointments, 211 added enterprise software inquiries, 202 more student inquiries, a 157 gain in B2B supplier leads, and 126 additional insurance quotes. For a helpful infographic, go to http://www.marketingprofs.com/chirp/2013/11993/five-ways-to-give-your-ppc-advertising-an-extreme-makeover-infographic