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Effec%ve Marke%ng Campaigns: Social Media Marke%ng vs. Tradi%onal Marke%ng Virality

Insurance social media_talk_v2

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Social Media in Insurance

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Page 1: Insurance social media_talk_v2

Effec%ve  Marke%ng  Campaigns:  Social  Media  Marke%ng  vs.  Tradi%onal  Marke%ng  Virality  

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7    

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“Cool” ain’t enough!

#7

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It is not about lead generation!

#6

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Social Media is poor at generating leads

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The ROI Journey

•  Analog marketing – Advertising: Tracking was an issue – Direct mail: Cost of production

•  Digital marketing – Email marketing: Relevance is an issue – Keyword advertising: Conversion is still an issue

•  Social marketing – Pull, not push – Conversion still remains an issue

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Think Social Media functionality, not reach!

#5

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The wrong metaphor

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Alternative Mapping

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First and Foremost: Don’t think destination!

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D.I.Y.

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The new axis: CMO + CIO!

#4

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Collaboration is the key to success

•  By 2017, Gartner says that CMO’s will spend more on IT than CIO’s

•  Important Trends –  1to1 marketing analytics –  Marketing automation –  Multi channel integration –  Integration with Partner platforms

•  Integration beyond acquisition –  Servicing –  CRM

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Effective tools are available on the cloud!

#3

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Open Graph

Plugins

•  Facebook provides rich media distribution

•  Emergence of Facebook as a platform

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Vibrant communities on insurance

•  Twitter has a share of voice problem

•  Think consumption, not distribution

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Easy newsletter management

•  Channel integration provides a single view of customer

•  Tools on the cloud provide prebuilt integrations

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Affordable test and learn

•  The key is to keep experimenting

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Mobile First!

#2

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Window to the world

•  Mobiles are the primary internet access devices

•  Always on, connected, with the user

•  Context for relevance

•  Emergence of the cloud

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Rethink digital strategy

•  Simple, intuitive user interfaces •  Context aware applications

•  Social integration •  Discovery, not search

•  Apps, not portals

•  E Commerce, not advertising •  Think Cloud

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APIs are the new advertisements

#1

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API explosion

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Vision of 2020

•  50 billion internet users •  50 billion connected devices •  1 million open APIs •  Millions of apps •  Internet becomes the operating system

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Early adopters are trickling in…

#  L    

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Statistics

•  APIs on insurance – 2 •  Insurance Mashups -7 •  Early apps are being rolled out

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Early apps being rolled out

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Emergence of aggregators

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Excellent platforms to integrate

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And they are open to integration

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Many more integration opportunities exist

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