Archive for November, 2011

As direct marketers in the insurance space, we have all faced the dilemma of how to position our products and services with regards to a tightly controlled message.  Often times, we slip back into the habit of trying to do too much with a campaign, too many products too many options etc., which ultimately just confuses the recipient.  I found this Article in BtoB which nicely provides a brief case study dealing exactly with this issue.  My favorite and most affirming comment by the author Jon Vanzile was:  ”This is partly because it’s much harder to sell a prospect than an existing customer. So once you bring someone into your company’s fold with a highly targeted, product-specific campaign, you can concentrate on the upsell.”  We all know this, the question is are we putting this into practice on a day to day basis.  Are your campaigns focusing on a core product and offer that sells best, with the anticipation that once you have that insured on the books you can ultimately go back to upsell and cross sell?

Please share your thoughts or experiences.

Click Here to see entire article.

As a small businessperson, you have no greater leverage than the truth- John Greenleaf Whittier

George

Read more:http://www.brainyquote.com/quotes/topics/topic_business.html#ixzz1fCndzsNd

For those of us who operate in the direct response world of life insurance, and specifically are involved with third party administration have all been subject to a recent request by the insurance companies we work with for life insurance censuses dating back to the 90s.  This request came as a direct result of an investigation by the the New York State Attorney General into claims insurance companies have not been paying all of its claims.  Attached is an Article that was published in the Wall Street Journal highlighting the investigation.

Please let me know your thoughts.

George Bode

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