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Big Risks Top Insurance Marketers Must Take To Win With Mobile

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RingRevenue presents: In association with: Insurance Marketers: The Smart Risks You Need to Be Taking with Mobile July 30 th , 2011 | Copyright RingRevenue®
Transcript
Page 1: Big Risks Top Insurance Marketers Must Take To Win With Mobile

RingRevenue presents:

In association with:

Insurance Marketers: The Smart Risks You Need to Be Taking with

Mobile

July 30th, 2011 | Copyright RingRevenue®

Page 2: Big Risks Top Insurance Marketers Must Take To Win With Mobile

Agenda

Meet our Panelists

The 3 Big Risks You Need to be Taking1. Just do it: Diving headfirst into mobile2. Break out of the digital box3. Invest in New Technology

Questions and Takeaways

Page 3: Big Risks Top Insurance Marketers Must Take To Win With Mobile

Meet our Panelists

Matt FrankVP Mobile, Underground Elephantwww.undergroundelephant.com

Jaimie PicklesPresident, We Speak Insurance®

www.wespeakinsurance.com

James McGinnAccount Manager, Performicswww.performics.com

Page 4: Big Risks Top Insurance Marketers Must Take To Win With Mobile

“By 2015, 80% of Western European and North American companies will use mobile marketing.”

-Kimberly Collins, Gartner Analyst, 2013

Page 5: Big Risks Top Insurance Marketers Must Take To Win With Mobile

Online quotes have hit a plateau, while inbound phone calls are the fastest growing lead source in auto insurance.

-ComScore, Auto Insurance Survey 2013

Page 6: Big Risks Top Insurance Marketers Must Take To Win With Mobile

-ComScore, Auto Insurance Survey 2013

In which of the following ways did you shop/obtain price quotes when you shopped most recently?

-ComScore, Auto Insurance Survey 2013

Page 7: Big Risks Top Insurance Marketers Must Take To Win With Mobile

Are you currently marketing via mobile?

Is mobile truly mainstream yet, in terms of marketer’s adoption?

Just do it: Diving Headfirst into Mobile

Matt FrankUnderground Elephant

Jaimie PicklesWe Speak Insurance®

James McGinnPerformics

Page 8: Big Risks Top Insurance Marketers Must Take To Win With Mobile

“70% of all local mobile searches result in a phone call.” -Google Mobile Playbook

Page 9: Big Risks Top Insurance Marketers Must Take To Win With Mobile

What is holding insurance marketers back from diving in?

Just do it: Diving Headfirst into Mobile

When did you start promoting via mobile? What was the tipping point to try it out?

Matt FrankUnderground Elephant

Jaimie PicklesWe Speak Insurance®

James McGinnPerformics

Page 10: Big Risks Top Insurance Marketers Must Take To Win With Mobile

“Insurance shoppers may research online, but 80% will buy offline.”

– Kimberly Harris-Ferrante, Gartner 2013

Page 11: Big Risks Top Insurance Marketers Must Take To Win With Mobile

Which channels drive your highest quality insurance leads?

How can you manage and optimize cross-channel interactions?

Just do it: Diving Headfirst into Mobile

Matt FrankUnderground Elephant

Jaimie PicklesWe Speak Insurance®

James McGinnPerformics

Page 12: Big Risks Top Insurance Marketers Must Take To Win With Mobile

“Only 50% of poll respondents are using phone numbers in their mobile campaigns.”

– RingRevenue Webinar, June 2013

Page 13: Big Risks Top Insurance Marketers Must Take To Win With Mobile

What methods work best for promoting via mobile?

Break Out of the Digital Box

Matt FrankUnderground Elephant

Jaimie PicklesWe Speak Insurance®

James McGinnPerformics

Page 14: Big Risks Top Insurance Marketers Must Take To Win With Mobile

“Phone interactions are especially critical for insurance consumers seeking new policies or a new provider.” – Kimberly Harris-Ferrante, Gartner

2013

Page 15: Big Risks Top Insurance Marketers Must Take To Win With Mobile

Which channels drive your highest quality insurance leads?

Mobile is all about localization. How can you engage customers at the local level?

What mobile ad units have you already tried?

Break Out of the Digital Box

Matt FrankUnderground Elephant

Jaimie PicklesWe Speak Insurance®

James McGinnPerformics

Page 16: Big Risks Top Insurance Marketers Must Take To Win With Mobile

“The foundation for any good mobile marketing strategy: platforms, analytics and the ability of a brand or service provider to tie online and offline worlds via mobile devices.”- Mike McGuire, Jake Sorofman, Gartner

2013

Page 17: Big Risks Top Insurance Marketers Must Take To Win With Mobile

Which channels drive your highest quality insurance leads?

How can you track the ROI and measure performance of mobile campaigns?

Invest in New Technology

Are you using tools to track both online and offline conversions?

Jaimie PicklesWe Speak Insurance®

Matt FrankUnderground Elephant

James McGinnPerformics

Page 18: Big Risks Top Insurance Marketers Must Take To Win With Mobile

“By year-end 2013, the percentage of the IT budget of insurers allocated to cloud computing will grow from less than 5% today to 25%.” – Juergen Weiss, Gartner Analyst,

2013

Page 19: Big Risks Top Insurance Marketers Must Take To Win With Mobile

Which channels drive your highest quality insurance leads?

What data and analytics are most important for insurance marketers to evaluate?

Invest in New Technology

Matt FrankUnderground Elephant

Jaimie PicklesWe Speak Insurance®

James McGinnPerformics

Page 20: Big Risks Top Insurance Marketers Must Take To Win With Mobile

“37% of poll respondents said the quality of calls they receive from mobile campaigns is low.” – RingRevenue Webinar, June 2013

Page 21: Big Risks Top Insurance Marketers Must Take To Win With Mobile

Which channels drive your highest quality insurance leads?

Lead quality is a struggle with mobile. How can you overcome these challenges?

What are your biggest pain points with mobile lead gen?

Invest in New Technology

Matt FrankUnderground Elephant

Jaimie PicklesWe Speak Insurance®

James McGinnPerformics

Page 22: Big Risks Top Insurance Marketers Must Take To Win With Mobile

Key Takeaways Insurance consumers are increasingly using the

phone to shop/obtain price quotes. The portion of those obtaining online quotes has plateaued.

Mobile is mainstream but insurance marketers haven’t caught up. Today you’re leaving money on the table; tomorrow you’ll have lost ground to the competition.

Think differently. KPIs and ROI calculations should differ from digital to mobile & offline campaigns.

Change your technology mindset. You want customers to call you, and need the systems in place to optimize this.


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