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PAGE1 Social Media for Insurance: Time to Get Personal 25 October 2012

SoLoMo Thursday - Social Media for Insurance: Time to Get Personal

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  • 1.Social Media for Insurance:Time to Get Personal25 October 2012 PAGE1

2. SPEAKERS : LEON & JULIET25 October 2012 PAGE2 3. The History of Technology &Insurance RetailingThe rise ofCompetition &the internet Re-intermediation Personalization & Personification25 October 2012PAGE3 4. Bringing back the Human Touch - Mascots25 October 2012 PAGE4 5. Traditional MarketingProgressive Insurance Flo, The Progressive Girl25 October 2012PAGE5 6. Case Study: CompareTheMarket.com2006: Launched2009: Total Media Strategy Compare the Meerkats Alexandr Orlov Russian Aristocratic Meerkat frustrated that people keep going to his website looking for car insurance, not MeerkatsResults (Wikipedia) 16th to 4th most visited insurance website in 2010. Overall sales >2x YoY25 October 2012PAGE6 7. Case Study: CompareTheMarket.comVideos TV Advertisements Youtube Channel25 October 2012PAGE7 8. Case Study: CompareTheMarket.com25 October 2012 PAGE8 9. Case Study: CompareTheMarket.com25 October 2012 PAGE9 10. Case Study: CompareTheMarket.com25 October 2012 PAGE10 11. Case Study: CompareTheMarket.com25 October 2012 PAGE11 12. Case Study: CompareTheMarket.com Book Launch Highest Pre-Order Sales in 2010 More expensive than Tony Blairs Memoirs Rank #2 in Amazon UK in first week of sale 13. Case Study: CompareTheMarket.com25 October 2012 PAGE 13 14. Successful Mascots / Personalities25 October 2012 PAGE 14 15. Case Studies fromUSA, UK, Asia25 October 2012PAGE15 16. Agent ProfilingState Farm Agents 17. Agent Profiling NTUC ULeague 18. Recognition AIA Pledge for L.I.F.E. Campaign 19. Education Great Eastern 21 Days Mobile App 20. Utility AppsAllstate Insurance Mobile Apps 21. Product RecommendationAIA Protection Gap Calculator App25 October 2012 PAGE21 22. Product RecommendationGreat Eastern Wellness Profiling LITE FB App25 October 2012PAGE22 23. Product RecommendationING Malaysia Meet Your Future Self FB App25 October 2012 PAGE23 24. Corporate Social ResponsibilityState Farm Insurance Cause an Effect Campaign 25. Corporate Social ResponsibilityAviva India The Great Wall Book Donation Drive 26. Corporate Social ResponsibilityING Malaysia Spread the Smile Movement25 October 2012PAGE26 27. 17% of respondents in Singapore used social media in theirinsurance search process. However, the industry has failedto capitalise on use of Social Media. IBM (in a survey conducted in 2010) 28. 5 steps to a holistic Social Media presence for Insurance Listening. Conversing. Building. Engaging. Measuring.25 October 2012 PAGE28 29. #1: Listening (inside)25 October 2012 PAGE29 30. #1: Listening(inside) Prepare aDefine a list of Define a process for FAQs and responsehandling standard protocolcrisisanswers25 October 2012PAGE30 31. #1: Listening (outside)Question on Travel InsuranceQuestion on Health InsuranceListening to Buzz, Trends and Sentiments25 October 2012 PAGE31 32. #2: Conversing Focus on how to be social, not onhow to do social. - Jay Baer 33. #2: Conversing is NOT a one-way broadcast!NO ADVERTISING! 34. #2: Conversing is about creative and interactive communications25 October 2012 PAGE34 35. #2: Conversingis about creative and interactive communications8,564 LIKES & 3,226 SHARES 8,851 LIKES & 48,605 SHARES 36. #3: Building(content) Engaging video content generates strong brand equityState Farm has about 22.5 Million video views and 7,000 subscribers 37. #3: Building (content) Blogs provide educational content and SEO All States Community Blog boasts of about 600 blog posts 38. #3: Building (content) With good photos, Pinterest can be a good traffic driverPetplan engages audiences with attractive photos and copywriting 39. #4: EngagingHolistic SocialMedia strategyflows down toState Farmsagents25 October 2012 PAGE39 40. #4: EngagingA pledge campaignby AmericanFamily Insuranceto emotionallyengage users to amovement or acause. 41. #4: EngagingBrand exercise from Farmers Insurance to tie their Airship to the SocialGaming experience in Farmville, exposing to over 60 million users 42. #4: Engaging A different dimension of engagement #126 seconds (BMOR than a statistic) by State Farm 43. #4: EngagingA different dimension of engagement #2Education Is Insurance by Aviva 44. #5: Measuring 45. #5: Measuring1 23 Business Metrics MeasureObjectives(online/offline) (customer journey) * Be aware of and consider external factors as well25 October 2012 PAGE45 46. In summaryListen to your Customers & ProspectsConverse Creatively & InteractivelyBuild Content & Acquire UsersEngage through Emotional AppealMeasure and Derive Actionable Insights25 October 2012 PAGE46 47. Questions?25 October 2012 PAGE47 48. Bulk Buying Dealo Buy SoLoMo Thursday Tickets @ 4 for $45.00o Purchase at Reception. Cash Only.o Tickets are transferable.25 October 2012 PAGE48 49. Arrive Early Next Session 7:00 8:00 PMAfter 8:00 PM25 October 2012 PAGE49 50. DEAL: Dine in @ 10% OFFo 10% off non-promo F&B items on your next visito Provide your name to redeem offero Valid for single use, for one month(until next SoLoMo Thursday)25 October 2012 PAGE50 51. Next SoLoMo Thursday(29 November 2012)Topic: Changing Trends: Consumer Behaviour on MobileSpeaker:Stewart Hunter (VP of Somo Global Limited)25 October 2012PAGE51 52. Thank You! Questions? Powered bytechsailor.comtab.com.sg25 October 2012PAGE52