Insurance Marketing | The Four Stages Of Advertising And Marketing For Insurance - YouTube

Channel: unknown

[0]
what's up guys welcome back to another video in聽 this video i'm going to be walking you through the聽聽
[4]
four different stages of marketing and advertising聽 when it comes to insurance agents and insurance聽聽
[9]
agencies there's actually four different stages聽 that you want to walk through and cycle through聽聽
[14]
as you grow your insurance agency and your聽 insurance business okay and one of the things聽聽
[18]
that i commonly see i would say 95 of the people i聽 work with and talk with that are insurance agents聽聽
[23]
or insurance agencies they never leave stage one聽 and what you have to understand and as you see as聽聽
[29]
i walk you through these four stages as you grow聽 as you want to get bigger as you want to build a聽聽
[33]
real company as you want to get time freedom as聽 you want to get out of the business working on聽聽
[37]
the business instead of in the business you need聽 to really cycle through these stages in order to聽聽
[41]
grow in order to advance as a business all right聽 so let's jump in i'm about to walk you through the聽聽
[46]
four different stages or phases of advertising聽 and marketing when it comes to insurance
[56]
all right guys in this video again we are talking聽 about the four stages or phases when it comes to聽聽
[62]
advertising and marketing for insurance agents all聽 right i'm gonna say right off the bat i know i'm聽聽
[66]
probably gonna get some [ __ ] from this video聽 for um people that are higher up and they just聽聽
[70]
don't agree but i'm not making this video in聽 order to please people i'm making this video to聽聽
[75]
be as completely transparent with all of you guys聽 that follow me all of you guys that are insurance聽聽
[79]
agents that want to build your own business that聽 want to build something that's going to work for聽聽
[83]
you that's going to grow that you can eventually聽 get out of the business and work on it instead of聽聽
[87]
in it so that's why i make all my videos it's for聽 you guys complete transparency about what i think聽聽
[92]
is the best absolute thing you guys can do in聽 order to build your business all right that's what聽聽
[97]
this channel is about so let's get into it the聽 four stages of advertising and marketing so stage聽聽
[102]
one as i already talked about a lot of agents聽 i would say 95 of agents never leave stage one聽聽
[108]
and stage one is buying leads now you may hear me聽 sometimes talk about how buying leads isn't a good聽聽
[117]
thing to do but when you're very first starting聽 out and you literally don't know anything about聽聽
[121]
insurance at all buying leads is probably a good聽 option and for anybody watching this that isn't聽聽
[126]
an insurance agent or insurance agency if they're聽 part of a different business these same tips apply聽聽
[131]
so if you're a real estate agent if you have any聽 other sort of service business if you do solar聽聽
[135]
anything like that buying leads is a great聽 place to start while you're still learning聽聽
[140]
your product and you're still getting your聽 sales process down but your sales process聽聽
[144]
has to do with your advertising and marketing聽 so what works for you when you're buying leads聽聽
[148]
may be completely different process when you are聽 actually advertising in the ways i'm going to talk聽聽
[152]
about the next two or three and four steps right聽 so don't get too tied to the sales process and聽聽
[157]
what's working in stage one when you're buying聽 leads because it could be completely different聽聽
[162]
especially the demeanor of the people you're聽 talking to when you have an inbound booked聽聽
[166]
appointment of somebody that wants to talk to you聽 compared to buying a lead that somebody has vague聽聽
[171]
interest in insurance it's a completely different聽 sales process so don't get too tight in the sales聽聽
[175]
process but understand buying leads is a great聽 place to start when you're still trying to learn聽聽
[180]
about insurance right you need to understand聽 your products and able to be able to sell them聽聽
[184]
correctly so start with buying leads get your聽 feet on the ground save up some money before聽聽
[189]
going into stage two now stage two i wouldn't聽 suggest staying in stage two for very long聽聽
[194]
but it's a perfect way to get your feet wet聽 and stage two is just making your own lead
[204]
and that can mean a lot of different things but聽 specifically what i mean is making the exact same聽聽
[209]
leads that you buy from lead vendors but you just聽 make them yourself these lead vendors kind of act聽聽
[215]
like they have like secret sauce and they have a聽 ton of marketing skills and at the end of the day聽聽
[220]
a lot of them don't some are great marketers and聽 some are awesome people and i'm not going to name聽聽
[224]
any names but some lead vendors maybe watch the聽 youtube video and then got some results and now聽聽
[230]
they have become lead vendors so nothing against聽 lead vendors but you learning how to make your own聽聽
[235]
leads the exact same way the lead vendors do it聽 is very very easy and it's a perfect way to start聽聽
[241]
implementing your own advertising and where you聽 can move from buying your own leads into making聽聽
[247]
your own leads you can start by making the exact聽 same ones and then you can actually adjust the聽聽
[251]
ad copy to up the quality a little bit see the聽 problem with lead vendors in the long run is that聽聽
[257]
they have a different goal that you do they're聽 trying to make as much profit which means they're聽聽
[261]
trying to create the cheapest lead whereas you聽 don't really care about the cheapest lead you're聽聽
[264]
trying to get the best quality lead so that's why聽 we eventually want to move into doing it ourselves聽聽
[268]
but the best place and first place to start is聽 just starting with facebook ads and creating聽聽
[272]
leads that are the exact same as what you would聽 already be able to buy all right and then we're聽聽
[277]
going into stage three and it takes a long time聽 to go from stage two and then really into stage聽聽
[284]
three it doesn't take a long time to go from it聽 but once you get into stage three you'll probably聽聽
[288]
stay in stage three for a long time and that is聽 stage three is advanced advertising and branding聽聽
[297]
so this is where you're still doing direct聽 response advertising so every single聽聽
[302]
advertising dollar you're spending is still聽 going toward a certain goal such as a lead聽聽
[307]
somebody's information or what's even better聽 is an inbound booked appointment that's my聽聽
[312]
very best thing sometimes people like inbound聽 calls but i actually prefer an inbound booked聽聽
[317]
appointment of somebody that's watched a video聽 beforehand so they're completely pre-qualified聽聽
[321]
but either way regardless doesn't matter what聽 you're trying to generate through that you聽聽
[326]
should be replacing some of the sales process and聽 you should also be using that advertising medium聽聽
[333]
and that advertising channel to get your name聽 and your face and your brand name out there so聽聽
[338]
if we're going to be spending advertising dollars聽 which you're still spending advertising dollars聽聽
[342]
through buying leads and also just making the聽 generic leads on facebook but really what we聽聽
[346]
want to be doing is we want to be while we're聽 getting those booked appointments or leads or聽聽
[351]
whatever you're really going for we also want to聽 be branding ourselves so in our market our niche聽聽
[356]
or our local market people start to recognize our聽 name and what this does is it builds momentum and聽聽
[361]
it builds a snowball so it's something i聽 and a lot of other people i didn't invent聽聽
[365]
it it's called the snowball effect so as you聽 continue to put more money into your niche or聽聽
[370]
your market with advertising dollars and people聽 continue to see your face and then they maybe聽聽
[374]
see some content you put out and then if you're聽 really advanced with advertising maybe you have聽聽
[378]
an email sequence or a drip follow-up through all聽 of this they're going to continue to know you and聽聽
[384]
see your face and and truly through seeing聽 you over and over again they're going to be聽聽
[388]
able to trust you right that's the end goal聽 is that because they see you're putting money聽聽
[394]
in advertising in this niche or this market you聽 continue to do it month over month year over year聽聽
[400]
they're obviously gonna be like okay this person聽 has to be having success with this they can't be聽聽
[404]
putting thousands of dollars into advertising and聽 not having success right so it starts to build聽聽
[408]
some trust so you get the first movers initially聽 but then as you continue to build and build and聽聽
[414]
build that snowball people start to know who you聽 are so while you have paid ads working for you聽聽
[419]
you then eventually move into a point where you're聽 known in your niche or your market and you start聽聽
[423]
getting free leads whether that just be through聽 people knowing who you are or you can start to聽聽
[427]
implement things like seo and organic youtube聽 videos in order to really build up that snowball聽聽
[432]
to mass effect to where you don't even have to聽 put money into paid advertising anymore if you聽聽
[437]
don't want to um but the other thing with this is聽 you really control your sales process the goal of聽聽
[442]
this is to get people to know you so it makes聽 your sales process a lot easier they already聽聽
[446]
trust you they they've seen your face in an ad聽 they're starting to get to know you before you聽聽
[451]
even get on the phone with them or meet them in聽 person and it makes the sales process a lot easier聽聽
[455]
and as a business owner it gives you a much better聽 proposition when you want to bring on agents to聽聽
[460]
start closing these leads for you because you're聽 bringing in such a strong lead that knows exactly聽聽
[465]
what they're getting on the phone to talk to聽 you about or meeting you in person to talk to聽聽
[469]
you about whether you're face to face or telesales聽 it doesn't really matter the process is the exact聽聽
[473]
same but the point is we want to get to a point聽 where we're starting to really brand ourselves and聽聽
[478]
advertise ourselves so that it creates a better聽 and easier sales process and then it gives you聽聽
[484]
an advantage as a company trying to bring people聽 to help you like when you're building a team if聽聽
[489]
you have something to give those agents such as聽 really really qualified leads that want to talk聽聽
[494]
to you or people on your team that is priceless聽 right it makes it so much easier it makes it聽聽
[500]
a better place to come from when you really聽 want to start growing and building your team聽聽
[505]
and then additionally with this it creates聽 no more wasted time so when you control your聽聽
[511]
entire advertising process 100 and a lot of聽 it can be automated with video to the point聽聽
[518]
where you're automating some of the sales process聽 through video to get them to book an appointment聽聽
[522]
it saves time you you change from chasing people聽 into only talking to people that are ready to buy聽聽
[529]
or they're at least ready to talk to you聽 so it just it's no more wasting time and聽聽
[533]
it just changes the whole demeanor of the聽 game when you go from chasing in sales to an聽聽
[539]
advertising and marketing based business and then聽 stage four is hiring someone to do it for you
[550]
and this is where i said in the intro a lot聽 of times we'll see agents that'll just skip聽聽
[554]
stage two and three and they'll go from buying聽 leads to okay i'm just gonna hire a marketing聽聽
[559]
company and that's completely fine but one of the聽 biggest problems we see with that is that when you聽聽
[563]
hire a marketing company or somebody to do your聽 marketing for you there's two issues first of all聽聽
[568]
typically they don't really know the best way to聽 actually advertise the market and then the second聽聽
[572]
thing is you don't know if what they're doing is聽 right because you haven't had any experience doing聽聽
[578]
it yourself so i always say with my own business聽 and everybody that i consult and everybody that's聽聽
[584]
a client of mine you should really learn聽 how to do it yourself and master it yourself聽聽
[588]
because this is one of the highest value skills聽 you can actually bring into your business聽聽
[592]
and then when it becomes to a point where it's聽 taking up too much time for you to actually do聽聽
[596]
then you can hire somebody on to be a media buyer聽 so they're not actually doing all the advertising聽聽
[602]
for you but you they're running the ads in the聽 platforms for you so you hire somebody you train聽聽
[608]
them to replicate and build off of your system聽 you don't want to bring them in with their own聽聽
[613]
processes because you don't know if they're going聽 to work and it's too big of a risk most times聽聽
[618]
to just let somebody take over 100 because if聽 they're really great at it why are they taking 10聽聽
[623]
or 20 or doing it for a fixed cost when they聽 could just own their own agency okay that's my聽聽
[629]
thoughts on it so i would suggest learning how to聽 do it the best and learning how to do it with your聽聽
[634]
own preference in mind and have your own sales聽 process built off of your own advertising process聽聽
[640]
once you have that down and in place and it's聽 working for you bring somebody in to run the聽聽
[645]
buttons and the levers inside of facebook and聽 youtube and you might actually be able to hire聽聽
[649]
somebody that's really good at that it can get you聽 better results than you could do yourself but i聽聽
[653]
would never outsource the content creation because聽 when you're the face of the app when you're the聽聽
[658]
person on the video that people are seeing it does聽 something special to the sales process and if you聽聽
[663]
completely outsource that to a marketing company聽 it's now where they're coming up with creative聽聽
[667]
they're coming up with video they're coming聽 up with i mean sometimes you can let them come聽聽
[671]
up with ad copy but i would still have you or聽 members of your immediate team be the face of聽聽
[676]
the company because that's what's really building聽 up that snowball which you always want to remember聽聽
[680]
to do all right guys i hope you enjoyed this video聽 this has been the four stages of advertising and聽聽
[686]
marketing and like i said you really want to聽 check in your business where are you are you聽聽
[690]
staying in stage one and are you continuing to聽 chase rinse and repeat over and over never being聽聽
[695]
able to get off the hamster wheel never being able聽 to get out of that cycle to where you can actually聽聽
[700]
work on the business or have you already聽 started and you're maybe in stage two or聽聽
[704]
stage three or maybe you have a bigger company聽 and you're already ready to go to stage four聽聽
[708]
whatever it is try and figure out where you are聽 and then drop in the comments what you think is聽聽
[713]
keeping you from getting to the next stage聽 alright guys thanks again make sure that you聽聽
[718]
subscribe and like the video if you haven't聽 already grab the cheat sheet i have for you聽聽
[722]
it's called facebook ads for insurance agents 2020聽 and then also join the facebook group below thanks
[767]
you